Harmony Turbines, Inc.

Management’s Discussion and Analysis of Financial Condition and Results of Operations

You should read the following discussion and analysis of our financial condition and results of operations together with our financial statements and the related notes and other financial information included elsewhere in this offering. Some of the information contained in this discussion and analysis, including information regarding the strategy and plans for our business, includes forward-looking statements that involve risks and uncertainties. You should review the "Risk Factors" section for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis.

Overview

Our company Harmony Turbines, makes beautiful, safe, affordable wind turbines so that everyone can have them for their homes to reduce or eliminate their monthly electric bill.

In 5 years we'd like to have harmony licensed out to dozens of manufacturers around the world producing affordable quality Harmony Turbine products for the residential, boating and RV markets. We would also consider selling Harmony Turbines Inc and our Intellectual Property to the right company that cares about getting our technology out into the world to make a positive difference for our environment. This should give investors multiple exit opportunities as we grow over the next few years. These projections cannot be guaranteed.

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Milestones

Harmony Turbines Inc. was incorporated in the State of Pennsylvania in August 2020. Harmony Turbines Inc. owns the patents mentioned in this Form C.

Since then, we have:

• Patented furling design translates directly to our Value Proposition
• Disruptive technology allows us to capture far more wind for greater ROI
• Virtually untapped market with hundreds of millions of customers
• Affordable straight-forward design that is beautiful and powerful
• Turbine reduces diameter in high winds while still producing max power output
• Easy to maintain units no dangerous climbing
• 1, 3 & 5kW as well as recreational sizes

Historical Results of Operations

Our company was organized in August 2020 and has limited operations upon which prospective investors may base an evaluation of its performance.

• Revenues & Gross Margin. For the period ended December 31, 2020, the Company had revenues of $0.
• Assets. As of December 31, 2020, the Company had total assets of $51,194, including $46,373 in cash.
• Net Income. The Company has had net income of $0 for 2020.
• Liabilities. The Company's liabilities totaled $0 for 2020.

Liquidity & Capital Resources

To date, the Company has been financed with $185,657 in SAFEs.

After the conclusion of this Offering, should we hit our minimum funding target, our projected runway is 18 months before we need to raise further capital.

We plan to use the proceeds as set forth in this Form C under "Use of Funds". We don’t have any other sources of capital in the immediate future.

We will likely require additional financing in excess of the proceeds from the Offering in order to perform operations over the lifetime of the Company. We plan to raise capital in 9 months. Except as otherwise described in this Form C, we do not have additional sources of capital other than the proceeds from the offering. Because of the complexities and uncertainties in establishing a new business strategy, it is not possible to adequately project whether the proceeds of this offering will be sufficient to enable us to implement our strategy. This complexity and uncertainty will be increased if less than the maximum amount of securities offered in this offering is sold. The Company intends to raise additional capital in the future from investors. Although capital may be available for early-stage companies, there is no guarantee that the Company will receive any investments from investors.

Runway & Short/Mid Term Expenses

Harmony Turbines Inc cash in hand is $16,353, as of June 2021. Over the last three months, revenues have averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $12,000/month, for an average burn rate of $12,000 per month. Our intent is to be profitable in 9 months through a combination of either direct sales and/or licensing deals with manufacturers.

Since the date of our financials, we have had our first public funding round on Wefunder completed; new operations and production facility (machine shop) fully built and equipped; 1kW residential prototype nearly built, testing should begin on or before 7/31/2021; regular "Weekly Whirl" updates (14 as of 6/19/2021) reporting all current progress; team has grown substantially since 2020, we are up to a mix of 8 full-time & part time employees, contractors, and interns; our total videos now number over 100 chronicling our complete project since 2018.

Expenses are low right now but will increase as soon as we go into low volume production. Both payroll expenses and inventory (raw material) expenses will increase as we make the transition from R&D into production. We plan on starting with just a few BETA customers, perhaps 6 or less, so revenues should be about $50 - 60k over the next 3 - 6 months as we work on perfecting our 1kW units in cooperation with our early adopters. We predict expenses will be between $150 - 250k during the same time. If we raise $315K in this offering, then we believe we'll have enough funds to finish our prototype development and move into the licensing and production phase allowing us to break even and begin making profit. These projections can not be guaranteed.

Now that we have a fully outfitted fabrication and machine shop we would be able to (if time allows) do some side work producing and/or fabricating parts for other clients outside of making Harmony Turbines for additional capital. The founding team could potentially contribute personal capital to cover short-term burn, if necessary.