Raising funds to put my product into my public company (Canadian) and for manufacturing. The device prevents down time on oil/gas wells. Funding will be in a private placement and converted into stock for the investor. I have letters from the oil companies attesting to the successful results. Proceeds in the public company allow for mass production and phenomenal profits.
A major factor for our product is that it is indestructible in an oil well and, therefore, we can lease them for a low cost to the producer so that they can wait on monthly oil sales to pay tor leasing our device. If the oil well stops producing, we can move the device to another well.
We have sold no shock absorbers to date. The ones we have were placed in the wells of oil companies in the 80's. There are positive testimonies from every company that was testing our invention. We decided not to move forward at the time because the price of oil crashed. Also, we were busy overseas and developing our direct access drilling project on the largest oil field in a seven-state oil region called the Illinois basin.
Ready to Ask For Funding for your company?
Post a Funding Request