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Security Type
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Common Stock
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Categories
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Automotive
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Min Investment
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$249
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Offering Date
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August 11, 2021
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Expected Close Date
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February 07, 2022
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Target Raise
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$10.00K-$1.07M
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Security Price
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$1.75
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Valuation
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$2,740,000
Company Description
GACW INCORPORATED, based in Phoenix, Arizona, has literally reinvented the wheel by introducing an eco-friendly and cost efficient alternative to the extremely pollutive rubber tire. Our patented Air Suspension Wheel (ASW) is an airless mechanical wheel constructed primarily of steel with in-wheel pneumatic suspension.
Key Deal Facts
Patented, green technology that provides a cost effective alternative to rubber tires.
The overall global tire market is projected to reach $322 billion by 2022. Near term commercialization into an expected $30 billion Off-The-Road (OTR) market, with potential adoption into other industries such as construction, agriculture, forestry, automotive, trucking, bicycles, wheelchairs, and armored vehicles.
Global miners have completed testing of GACW’s wheel solution with encouraging results. Our solution reduces operating costs, improves safety and creates a better overall environmental footprint. Commercialization roll-out planned for 2022.
Management Team / Advisory Board Bios
Dr. Zoltan Kemeny, CEO, President, Treasurer, & Director
Acknowledged expert in vehicle dynamics with over 44 years of experience in R&D and engineering. Owns and co-owns over 130 patents in several fields. Holds degrees in surveying, architectural, civil, structural, and seismic engineering.
Harmen van Kamp, Senior Vice President of Sales & Director
Sales professional with over 15 years of experience in sales and business development. Worked in various sectors including mining, heavy machinery, FMCG, and agricultural technology.
Mark Keenan, Director
Co-founder and Chairman of KHS&S, one of the largest design-assist building companies in the world. Over 35 years of experience performing nearly every facet of construction, ranging from field operations supervision to senior executive management.
Britt Johnson, Advisory Board Member
Mr. Johnson brings a wealth of experience as a business leader with over 17 years working in the mining industry and 16 years servicing it with business he and his partner created, D&D Tire. His experience at D&D Tire and extensive knowledge of the Off-the-Road mining landscape is directly relevant to Global. Mr. Britt Johnson is currently Managing Member of Retiremen LLC and Managing Member of Sunrise Mineral.
