{"data":{"type":"company_profile_ai","id":168115,"entity_id":"wefunder:company:168115","attributes":{"canonical_url":"https://wefunder.com/firepoint.energy.inc","retrieval_urls":{"canonical":"https://wefunder.com/firepoint.energy.inc","json":"https://wefunder.com/firepoint.energy.inc.json","markdown":"https://wefunder.com/firepoint.energy.inc.md","ai_json":"https://wefunder.com/firepoint.energy.inc.ai.json","ai_text":"https://wefunder.com/firepoint.energy.inc.ai.txt","changelog_json":"https://wefunder.com/firepoint.energy.inc.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-05T05:01:13Z","generated_at":"2026-06-05T22:33:21Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":false,"privacy_mode":"unlisted","invite_only":false},"company":{"id":168115,"entity_id":"wefunder:company:168115","slug":"firepoint.energy.inc","name":"Firepoint Energy Inc","tagline":"Firepoint Energy develops sites containing rare earth elements while converting waste into energy.","location":"Punxsutawney, PA","website":"https://firepoint.energy/","total_amount_raised":1122230,"total_investors":953,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 1122230","citation":"https://wefunder.com/firepoint.energy.inc#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-05T05:01:13Z","as_of":"2026-06-05T22:33:21Z","confidence":"high"},"observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-06T05:01:13Z"},{"claim_id":"claim-total-investors","text":"Total investors: 953","citation":"https://wefunder.com/firepoint.energy.inc#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-05T05:01:13Z","as_of":"2026-06-05T22:33:21Z","confidence":"high"},"observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-06T05:01:13Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 1122230","citation":"https://wefunder.com/firepoint.energy.inc#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-05T05:01:13Z","as_of":"2026-06-05T22:33:21Z","confidence":"high"},"observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-06T05:01:13Z"},{"claim_id":"claim-total-investors","text":"Total investors: 953","citation":"https://wefunder.com/firepoint.energy.inc#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-05T05:01:13Z","as_of":"2026-06-05T22:33:21Z","confidence":"high"},"observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-06T05:01:13Z"}],"company_claims":{"tagline":"Firepoint Energy develops sites containing rare earth elements while converting waste into energy.","story":"Future projections are not guaranteed.Future projections are not guaranteed.Future projections are not guaranteed.Currently, Firepoint is raising $1,235,000 through Wefunder.Future projections are not guaranteed.","quick_facts":["We have located and tested numerous waste coal piles loaded with rare earth minerals","Our team has raised millions of dollars and executed public offerings for several companies","The team has founded and developed companies with million-dollar and billion-dollar valuations","The team has leased property with 4 million tons of waste coal that contains rare earth elements","Identified the technologies to extract rare earth elements and critical minerals","Spent decades vetting technologies that produce clean fuels while releasing valuable minerals."]},"computed_metrics":{"total_amount_raised":1122230,"total_investors":953,"team_size":7,"featured_investor_count":2,"faq_count":5,"recent_post_count":4},"quick_facts":[{"claim_id":"claim-fact-1","value":"We have located and tested numerous waste coal piles loaded with rare earth minerals","citation":"https://wefunder.com/firepoint.energy.inc#claim-fact-1","observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-12T05:01:13Z"},{"claim_id":"claim-fact-2","value":"Our team has raised millions of dollars and executed public offerings for several companies","citation":"https://wefunder.com/firepoint.energy.inc#claim-fact-2","observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-12T05:01:13Z"},{"claim_id":"claim-fact-3","value":"The team has founded and developed companies with million-dollar and billion-dollar valuations","citation":"https://wefunder.com/firepoint.energy.inc#claim-fact-3","observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-12T05:01:13Z"},{"claim_id":"claim-fact-4","value":"The team has leased property with 4 million tons of waste coal that contains rare earth elements","citation":"https://wefunder.com/firepoint.energy.inc#claim-fact-4","observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-12T05:01:13Z"},{"claim_id":"claim-fact-5","value":"Identified the technologies to extract rare earth elements and critical minerals","citation":"https://wefunder.com/firepoint.energy.inc#claim-fact-5","observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-12T05:01:13Z"},{"claim_id":"claim-fact-6","value":"Spent decades vetting technologies that produce clean fuels while releasing valuable minerals.","citation":"https://wefunder.com/firepoint.energy.inc#claim-fact-6","observed_at":"2026-06-05T05:01:13Z","expires_at":"2026-06-12T05:01:13Z"}],"latest_fundraise":{"id":127969,"entity_id":"wefunder:fundraise:127969","state":"successful","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":null},"investor_memos":[],"team":[{"id":5316188,"entity_id":"wefunder:company_role:5316188","name":"Billy R Smith","title":"CEO / Chairman","role":"founder","profile_url":"https://wefunder.com/billy.r.smith"},{"id":5343260,"entity_id":"wefunder:company_role:5343260","name":"Shelly Befumo","title":"President/COO","role":"founder","profile_url":"https://wefunder.com/shelly.befumo.2"},{"id":5316189,"entity_id":"wefunder:company_role:5316189","name":"Ian Douglass","title":"CCO / Sr. VP","role":"founder"},{"id":5316321,"entity_id":"wefunder:company_role:5316321","name":"Dale Rasmussen","title":"Board Member","role":"employee"},{"id":5316322,"entity_id":"wefunder:company_role:5316322","name":"Bob Beatty Jr","title":"Board Member","role":"employee"},{"id":5500715,"entity_id":"wefunder:company_role:5500715","name":"Andrea Perry","title":"Finance \u0026 Compliance Manager","role":"employee","profile_url":"https://wefunder.com/andrea.perry.5"},{"id":5500723,"entity_id":"wefunder:company_role:5500723","name":"Jessica Vlaco","title":"Fractional CFO Consultant","role":"employee","profile_url":"https://wefunder.com/jessica.vlaco"}],"featured_investors":[{"id":10431,"entity_id":"wefunder:company_investor_profile:10431","name":"B\u0026H Family Office LLC","profile_url":"https://wefunder.com/bh.family.office.llc"},{"id":10436,"entity_id":"wefunder:company_investor_profile:10436","name":"Emanuel Echevarria","bio":"I am an entrepreneur, husband and father of three beautiful souls.","profile_url":"https://wefunder.com/emanuel.echevarria","endorsement_quote":"Have you ever wanted to be part of something meaningful and potentially big during its early stages? I believe most would answer with a resounding yes! Well, I whole heartily believe if you are reading this you've found it. The concept that Bill Smith brings to us with Firepoint Energy by way of extracting Rare Earth Elements (REE) out of coal mine waste is mind blowing. Smith has found an abundance of REE's literally just lying on the ground from all the waste of past coal mine operations. In other words, the hard and costly work of mining the resources has already been done. Also at some sites he can even produce clean Hydrogen from the acid mine drainage (AMD) to power the plant operations by using GE turbines, this in return makes the process extremely cost effective. It doesn't end there; he can also produce millions of gallons of Sustainable Aviation Fuel (SAF) at each site, which he plans to sell to airline companies as another stream of revenue for the company. This technology which Smith has guarded since 2017 is about to be seen by the entire world! With Bill Smith's 20+ yrs. of experience and the support of those who believe in this project we can make a difference. I am grateful and honored to be here, together, lets help Bill bring this project to fruition. Let us spread words of hope that there is a way to produce clean energy while removing waste out of the environment. We can be pioneers alongside Bill Smith and his breakthrough technology."}],"relationships":[{"source_entity_id":"wefunder:company:168115","relation":"has_team_member","target_entity_id":"wefunder:user:4576255","target_url":"https://wefunder.com/billy.r.smith"},{"source_entity_id":"wefunder:company:168115","relation":"has_team_member","target_entity_id":"wefunder:user:4537568","target_url":"https://wefunder.com/shelly.befumo.2"},{"source_entity_id":"wefunder:company:168115","relation":"has_team_member","target_entity_id":"wefunder:company_role:5316189"},{"source_entity_id":"wefunder:company:168115","relation":"has_team_member","target_entity_id":"wefunder:company_role:5316321"},{"source_entity_id":"wefunder:company:168115","relation":"has_team_member","target_entity_id":"wefunder:company_role:5316322"},{"source_entity_id":"wefunder:company:168115","relation":"has_team_member","target_entity_id":"wefunder:user:4664903","target_url":"https://wefunder.com/andrea.perry.5"},{"source_entity_id":"wefunder:company:168115","relation":"has_team_member","target_entity_id":"wefunder:user:4663371","target_url":"https://wefunder.com/jessica.vlaco"},{"source_entity_id":"wefunder:company:168115","relation":"has_featured_investor","target_entity_id":"wefunder:notable_investor:14030","target_url":"https://wefunder.com/bh.family.office.llc"},{"source_entity_id":"wefunder:company:168115","relation":"has_featured_investor","target_entity_id":"wefunder:user:4559849","target_url":"https://wefunder.com/emanuel.echevarria"},{"source_entity_id":"wefunder:company:168115","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:179346","target_url":"https://wefunder.com/feed/179346"},{"source_entity_id":"wefunder:company:168115","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:178917","target_url":"https://wefunder.com/feed/178917"},{"source_entity_id":"wefunder:company:168115","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:178829","target_url":"https://wefunder.com/feed/178829"},{"source_entity_id":"wefunder:company:168115","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:178375","target_url":"https://wefunder.com/feed/178375"},{"source_entity_id":"wefunder:company:168115","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:127969"}],"faq":[{"question":"This is like the Mr Fusion device on the back of Doc Browns DeLorean.","answer":"We will be leveraging a high-temperature plasma stream to achieve molecular dissociation, breaking down complex hydrocarbons into their fundamental components. This process will produce Synthesis Gas (syngas), a versatile fuel source. Once generated, syngas can be utilized in gas turbines, such as those developed by GE and other manufacturers, to produce electricity. Alternatively, it can be processed through a Fischer-Tropsch Gas-to-Liquids (GTL) system to synthesize high-value fuels, includ..."},{"question":"What do I get out of investing. There is a distinct difference between donating and investing. I expect a return on investment.","answer":"When you invest through a SAFE, you are positioning yourself to potentially gain equity in the company during a future funding round or liquidity event. This gives you the opportunity to benefit from the company’s growth and success. However, as with any investment, there is inherent risk, and a return on investment cannot be guaranteed."},{"question":"Smith, According to the valuation cap of 45M 0.5% of ownership is being offered in exchange for the first $250K of early investors. Is this an accurate statement?","answer":"Yes, that is correct. However, please note that the $45 million valuation cap is subject to change as we finalize our financial statements and prepare for the Form C filing. The final terms, including the valuation cap and corresponding ownership percentages, will be detailed in the official offering documents."},{"question":"Now that the first goal is hit, what happens next? Is there a second goal? Or is it filing paperwork? When do we get an email or phone call asking us to commit? I'm very new to this type of thing.","answer":"Hi Jeff, thank you for your question and for your interest in supporting Firepoint Energy. At this stage, we are still in the \"testing the waters\" phase to gauge investor interest. We are working diligently to complete and file our Form C, which is required before we can formally begin accepting investments. Once our Form C is filed, all investors who have made a reservation will receive an email from Wefunder with instructions on how to confirm and commit to their investment. For more inform..."},{"question":"Can you list out the rare earth elements that you know can be obtained by the process you described, and do you have any idea the amount that can be obtained per ton of waste coal?","answer":"Hi Francesco, thank you for your interest in Firepoint. Please refer to the PDF file titled “Assumptions for Rare Earths Tunnelton 4M ton pile” which you can find by scrolling to the bottom of our campaign page underneath the heading Downloads. Please note these assumptions and calculations for the rare earth elements and other valuable minerals from the Tunnelton waste coal pile are based on estimates of their concentration in similar uncovered waste coal piles near the site. Since the Tunne..."}],"recent_posts":[{"id":179346,"entity_id":"wefunder:feed_item:179346","title":"How to Increase Your Investment","preview":"Hi everyone,We’re thrilled by the enthusiasm and support for our campaign! Many of you have reached out asking how to increase your investment, so we’ve put together a quick and easy guide to walk you through the process.Follow these simple steps to adjust your investment amount on Wefunder:Go to\u0026nbsp;Wefunder PortfolioScroll to your investmentClick\u0026nbsp;\"Edit Investment\"Click the blue\u0026nbsp;\"Edit\"\u0026nbsp;buttonClick the blue\u0026nbsp;\"Edit\"\u0026nbsp;againEnter your new investment amountClick the green\u0026...","published_at":"2025-02-06T15:56:01Z","canonical_url":"https://wefunder.com/feed/179346"},{"id":178917,"entity_id":"wefunder:feed_item:178917","title":"Exciting Milestone: Firepoint Energy Investment Update","preview":"Firepoint Energy Community,First and foremost, we at Firepoint Energy are incredibly grateful for your faith in our project. This update is designed to provide clarity about our funding progress and next steps.We are thrilled to announce that we have almost reached our maximum of $1,235,000 in this round. Don’t worry—you can still invest!Expanding Our Funding CapPursuant to Regulation Crowdfunding, companies are allowed to raise up to $5 million in a 12-month period. To unlock the ability to ...","published_at":"2025-01-21T21:47:15Z","canonical_url":"https://wefunder.com/feed/178917"},{"id":178829,"entity_id":"wefunder:feed_item:178829","title":"Firepoint Energy Featured in the News!","preview":"We’re thrilled to share that our efforts at Firepoint Energy to redevelop the Tunnelton pilot site in Indiana County have been highlighted in The Indiana Gazette this week! The article covers our groundbreaking work in coal-waste-to-energy and mineral recovery, as well as the progress we’re making with our fundraising campaign on Wefunder.Even more exciting, The Latrobe Bulletin has also reprinted the article, helping spread the word about how we’re accelerating the transition to a cleaner, m...","published_at":"2025-01-17T01:09:33Z","canonical_url":"https://wefunder.com/feed/178829"},{"id":178375,"entity_id":"wefunder:feed_item:178375","title":"Form C filed for Firepoint Energy Wefunder program","preview":"Firepoint Energy would like to Thank You for supporting the project(s) we are developing\u0026nbsp;here in Pennsylvania. You can watch a video to learn a little more about this project here. https://www.youtube.com/watch?v=_5Z0Qkv_lNwWe are watching people claim their early bird spots. However, some of you still need to verify your Tax ID (SSN, typically) and complete your investment.\u0026nbsp; When we hit the max we can raise since filing the Form C on Friday, the Early Bird terms will cease. Confirm...","published_at":"2024-12-21T19:02:57Z","canonical_url":"https://wefunder.com/feed/178375"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-05T22:33:21Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-05T05:01:13Z","as_of":"2026-06-05T22:33:21Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-05T05:01:13Z","as_of":"2026-06-05T22:33:21Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-06-02T15:40:05Z","as_of":"2026-06-05T22:33:21Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-06-02T15:40:05Z","as_of":"2026-06-05T22:33:21Z","confidence":"medium"}}}}}}