# Wind Harvest

Double the Energy of Wind Farms and Open Other New Markets for Wind

## Elevator pitch
Wind Harvest designs, makes and sells long-lasting, vertical axis wind turbines for turbulent, mid-level wind resources. We develop renewable energy projects that purchase our turbines. We conduct the research needed to ensure our turbines won't harm wildlife and can operate under and around tall turbines without causing them problems. We are and will be the leader in mid-level wind technology.

- Canonical URL: https://wefunder.com/windharvest
- Entity ID: wefunder:company:97589
- Last updated: 2026-06-12T05:00:38Z
- Generated at: 2026-06-12T23:36:46Z

## Quick facts
- Our turbines can be profitably used by 20% of wind farms around the world. That is huge!
- Investors receive 8% interest annually and have a potential 3X to 20X equity upside.
- The U.S. Inflation Reduction Act provides significant subsidies to our manufacturing and projects.
- We did it! Model 3.1 is operating and has validated our computer models. Model 4.0 is being ordered.
- Mid-level wind markets are so large that at least 3 million of our size turbines are needed.
- By 2025, the mid-level wind market size is estimated to be over $250 Billion.

## Active fundraises
- wefunder:fundraise:53588: 4(a)(6) successful (USD)
- wefunder:fundraise:53589: 4(a)(6) successful (USD)

## Story
Problem: Unharvested Wind ResourcesIn the windiest places around the world, the mid-level wind is exceptionally energetic but too turbulent for utility-scale, traditional turbines to harvest.  Over 20% of wind farms operate on ridgelines, passes, coastal bluffs, and other places where wind funnels and speeds up from 15-80 feet above the ground. But propeller-type, horizontal-axis wind turbines cannot operate well in that turbulence.  And many windy properties cannot secure permits for tall turbines because, at 300 feet and taller, traditional turbines can negatively impact views, aviation, radar, road setback easements, and more.Solution: Our TurbinesOur Wind Harvesters are H-type "vertical-axis" wind turbines (VAWT). We have invested years of work and millions of dollars in designing our technology to withstand and capture the highly energetic and turbulent mid-level wind.  Because our turbines are compact and shorter than 80 feet tall, they can be added to wind farms with minimal environmental impact and lower development costs since roads, land, and other infrastructures are already paid for.  And they fit onto properties where tight setback easements and view impacts prevent tall turbines from being installed.The Future of Your InvestmentThe value of our Company increases each time we achieve another milestone, especially ones involving the completion of Technology Readiness Levels and the commercialization of our Wind Harvesters. Being first-to-market with a utility-scale vertical axis wind turbine for untapped mid-level wind markets will be a huge accomplishment. It should result in a significant increase in our share price (Series B).The key milestones that will drive our valuation higher besides certification of our turbines and our aeroelastic computer models will be: our project and sales pipeline; field data and modeling that validate university research that the wake from VAWTS like our Wind Harvesters should benefit traditional tall turbines when placed around them; and evidence that we can operate rows of our turbines without harming birds or bats. Primary Market: Wind FarmsWith the need for climate restoration increasing the urgency at which governments and economies transition to renewable energy, we envision hundreds of thousands of our compact Wind Harvesters installed beneath and around already operating tall turbines in new and existing wind farms over the next decade.Wind Harvesters and traditional turbines can synergistically work together to cause the wind to speed up into each other's rotors and increase their energy output. Harvesting mid-level wind will often double, sometimes triple or more, a wind farm's energy output. This opens at least an existing $250 billion undeveloped market that should double over the next decade. In many places, the mid-level wind will be the least expensive most easily developed energy available.  It is low-hanging fruit!Distributed Energy Markets We will sell many Wind Harvesters to customers who can’t use tall propeller-type machines. With our compact turbines, high energy-using facilities with tight setback easements can add MWs of wind energy to increase reliability and lower costs. Airports can add our turbines because they won’t negatively affect aviation or radar. Owners of windy properties can lease their land to developers who buy our turbines often along with batteries and solar panels.Telecom towers on windy ridgelines can use less expensive energy from our turbines. Tall turbines often can’t go into these difficult-to-reach places.Our Technology: Wind HarvestersOur sturdy Wind Harvesters can endure harsh conditions for 40+ years with regular maintenance and replacement of critical parts. Our unique fatigue, frequency, mechanical, and aerodynamic computer models are central to this durability.   Led by renowned wind energy engineer Dr. David Malcolm, with 40 years of vertical and horizontal axis wind turbine experience, our engineering team used data from the operation of past Wind Harvester prototypes to confirm the accuracy of our computer models. This validation was a technological breakthrough for Wind Harvest and H-type VAWTs.Our first crowdfunding campaign successfully raised the capital we needed to bring our wind technology through the "pilot project" step in the commercialization process; Technology Readiness Level (TRL 7). This was accomplished when our full-scale Model 3.1 prototype was tested in industry conditions at the UL wind testing facility in Texas. We are now on schedule to install two 4.0 Wind Harvesters and start their certification (TRL 8) in summer of 2023. Investors Make The DifferenceMost sources of venture capital only fund utility-scale technologies after certification and when the company has revenue from sales. Crowdfunding solves this problem for Wind Harvest. Last year over 1400 new people invested in Wind Harvest. We are now returning with a new crowdfunding/506(c) offering to amplify our progress and provide investors a guaranteed promissory note with an 8% return and the potential of an equity upside (7% return after the first $500,000). In October 2020, Wind Harvest stockholders voted to allocate warrants to give an “equity kicker” to interest-bearing promissory notes for crowdfunding offerings. The capital from this offering and our direct equity raises will be used to expedite the final commercialization step of TRL 9, by allowing us to develop more projects and qualify our technology as collateral for bank loans sooner.In addition to interest on your promissory note, your investment entitles you to receive bonuses associated with warrants (a right to buy shares at a set price) that can be exercised at $.01 each. Wind Harvest Pilot Project, Inc. (WHPP) will receive warrants to buy 250 shares of Wind Harvest International, Inc. stock for every $100 you invest in this offering. Our Series A-4 share price is $0.09.You will receive a pro-rata share of the profits when the warrants are exercised, and those shares are sold.  At the first opportunity to sell shares, WHPP's board of directors will ask note holders how many warrants should be exercised and sold versus kept to sell in the future.  All the warrants should be exercised and sold before their December 31, 2027 expiration date.Opportunities: Ways to Make MoneyWind Harvester Sales as Primary Revenue StreamWe expect the price of each Wind Harvester to initially include an average markup of $40,000. As the manufacturing and production cost drops with increased orders, our markups and margins should improve. When banks will finance purchases by our customers, our outside sales should take off.Subsidiaries and Projects:Fees and profits will flow to us through the multi-million dollar deals our project subsidiaries create. When Wind Harvesters are bank financeable (TRL 9), we plan to borrow against our projects and use the capital to leverage new developments that buy more of our products and services.Licensing of Intellectual Property for Worldwide ScalingWith a suite of soon-to-be-pending patents, one of our goals is to license our IP to the largest wind turbine manufacturers and construction companies in order to accelerate the rate at which mid-level wind turbines are installed worldwide.Wind Harvest Sales PipelineIn 2023, we expect to sell 20 turbines to projects we have in development. Each project is in a mid-level wind market that can open significant new opportunities for future sales. Before we can sell thousands to wind farm owners and developers, we need to prove that our turbines are wildlife friendly, compatible with tall turbines, and bank financeable. This will likely be accomplished in 2025. In the meantime, we are developing projects that open up new distributed energy and other markets. For example, our pilot projects in Barbados will provide critical data for the “cumulative environmental impact analysis” that is needed before hundreds of Wind Harvesters are installed in renewable energy and desalination projects in the windy parishes of this lovely tropical island. Projects in DevelopmentRio Vista Resiliency Project, Solano County, California: This 1-16 MW, $4-$50 million project may combine our turbines with solar and battery storage and significantly increase electrical reliability in the nearby town of Rio Vista. The wind blows all night for most of the summer. Our turbines make it possible for batteries charged with solar during the day to recharge a second time when the wind blows at night.St. Lucy, Barbados: Led by local Bajan Dr. Ariana Marshall, we are advancing initial pilot projects and an overall plan to install hundreds of our turbines throughout the windiest parts of the island by 2030. When these projects produce more energy than the grid can accommodate, they can support desalination modules to ease the island's droughts.Accessing Additional Markets: Reliable Local EnergyOur turbines can operate seamlessly with solar and storage. Projects that include Wind Harvesters can supply more dependable, low-cost clean energy to local distribution grids and help residents and businesses avoid extreme weather-induced blackouts. Due to regulatory setback requirements, tall turbines often reaching over 300 feet above the ground cannot secure permits on many properties where mid-level winds are powerful. Our technology is designed to work profitably in these areas and can tie directly into local power lines. Wind Harvesters, together with solar and storage, create an effective tool for improving local energy reliability because wind often blows at night.Licensing Our Proprietary TechnologyLicensing and strategic collaboration offers Wind Harvest a way to leverage other companies' expertise, capital, and experience to dramatically increase company revenue and support the growth of wind energy. With our soon-to-be pending patents, we are confident we will have the flexibility to negotiate arrangements and scale our installations to accelerate the implementation of our wind energy systems throughout the world. In 2027, we anticipate most of our income will come from large wind turbine manufacturers, engineering, procurement, and construction companies (EPCs).​​Potential CompetitionWind Harvest actively follows trends, technologies, and companies that might influence the untapped mid-level wind turbine market. Below are two known potential H-type vertical axis wind turbine competitors. Based on research, none of them have yet reached Technology Readiness Level 6, a full-scale prototype that can withstand turbulent wind farm conditions.Being Safe for Wildlife Opens New MarketsScientists expect that the three-dimensional structure and lower blade tip speeds of H-type VAWTs will make them more likely to be seen and avoided by birds and bats. Our projects will test this by using advanced motion detection technology to record interactions and slow or even stop our turbines before flying wildlife have a chance of being harmed.  We intend to have the most wildlife friendly wind technology available.Growth RoadmapLast year, the $1.47 million invested in our first crowdfunding campaign allowed us to reach the pilot project phase of commercialization with our Model 3.1 installation at the UL Advanced Wind Turbine Testing Facility in Texas. The data it produced is invaluable for our technology's commercialization and continuous improvement.We plan to utilize the capital we raise with this new Crowdfunding offering and our Series B round to finance the following:- Advance development and Increase the number of projects in our sales pipeline - Increase our intellectual property and patents Certify and prepare Wind Harvester turbines for mass manufacturing and salesOur Guiding PrinciplesIt is not often that a company at our advanced stage in the technology commercialization process remains privately held and has a vast, untapped market yet to be developed. Even less frequent is the opportunity for the average person to invest early, before the company becomes a household name, before a Series B round, or an IPO. We believe we will provide a sizable return for our investors and have a game-changing impact to help restore our climate by helping drive down the cost of renewable energy.Seize the opportunity! Invest now and help open a massive, untapped worldwide renewable resource for the benefit of all.For More InformationThe FAQs on our business plans, technology, sales and markets, 6-year financial predictions, and windharvest.com website provide more information on how we plan to get from where we are now to $1 billion in sales in five years. Another source of information is our Form C (a link to that is on this page). We also welcome your questions, comments, and feedback.You are cautioned not to place undue reliance on forward-looking statements made here. These statements are based on the current beliefs, expectations, and assumptions of our management and are subject to significant risks and uncertainties that are beyond our ability to predict or control and could cause actual results to differ. These risk factors include, but are not limited to, the risks identified in our current Form C, filed with the SEC. The cautionary language in our Form C regarding forward-looking statements is incorporated herein by reference and applies to the statements in this release.

## FAQ
1. **I currently, and happily, own Wind Harvest Pilot Project (WHPP) Promissory Notes similar to these approaching launch Nov.4, and I look forward to being able to invest in the equity of Wind Harvest. Looking toward your planned Series B equity sale in 2022, do you plan to give y...**
   - Our crowdfunding structure does not allow us to sell Wind Harvest shares directly to investors, whether accredited or non-accredited. Wind Harvest crowdfunding investors can expect to realize an equity upside in our company through our Wefunder promissory note offerings and sale of associated warrants held by WHPP. You will be able to “vote” on how many warrants should be exercised for WHPP to receive shares in WHI and then sold each time there is an opportunity to do so. The SEC restricts us...
2. **What is the current valuation of the company we would be banking a future equity position in?**
   - Valuation is a complicated thing to assess. We are undergoing a 409A assessment of our common share valuation now. Common shares are always valued less than preferred shares until there is an IPO. Once our Series A1 round closes at $0.09 per preferred share, that will set the value of the company at $20+M. The exact value will be based on how many authorized shares are outstanding at that time.
3. **I signed up to make an additional investment in Wind Harvest, but the public launch keeps getting postponed. Why is that? There is also reference to Friends Invest First. How does that work?**
   - I am sorry for not getting back to you and our other investors sooner. We decided to extend our “Test the Water” campaign and postpone the public launch until model 3.1 collected data. If you read our blog, you will see the chronology of our 3.1 challenges, including this last two-month delay because of the problem with the brake system. We have had sufficient funds not to start the new crowdfunding raise, so we waited and worked on improving our supporting material, including a soon-to-be-co...
4. **Hello, there are a lot of mid level turbines in your images of wind farms. What's the projected cost per individual unit? Also, what is the equity upside, is it the opportunity to invest in the parent company at a lower valuation than later investors, as the company's value in...**
   - The sale price of our turbines will vary with the size of the order, cost of steel, percent made locally, custom painting, size of the generator, etc. We expect that our turbines will sell for $3M - $4M per MW in 2023 and 2024. By 2026, we expect pricing to drop below $2M per MW. These prices will be in line with what it costs for similarly sized turbines. Still, because mid-level wind turbines won’t likely ever be much larger than 250kW, H-type turbines won’t ever meet the $1M -1.5M per MW t...
5. **When will Wind Harvest actually have a certified wind turbine? My understanding is that you cannot sell anything until you have a certified product. As far as I can tell, you folks have NEVER had an actual turbine certified to bring to market. Am I missing something?**
   - We are on track for our Model 4.0 Wind Harvester to start IEC 61400 certification this summer. This will be our first turbine to reach Technology Readiness Level 8. Our model 3.1, which is collecting data at the UL Advance Wind Turbine Testing Facility in TX, is arguably the second prototype in the long history of our company that reached TRL 7 (see the story of the Windstar 530s on the Prince of Wales property in the 1990s) Certification isn’t a requirement for sale. The only certification r...

## Team
- Kevin Wolf (CEO and Co-founder)
- Alana Steele (Business Development Manager)
- Christine Nielson (President, Wind Harvest Pilot Project)
- David J Malcolm (Senior Engineer)
- Robert Wheelock III (Strategy & Business Development)
- Cornelius Fitzgerald (Board Member)
- Olamide Ajala (Principal Engineer)
- Dr. Ariana Marshall (Caribbean Resilient Ecosystems Manager)
- Jeffrey Willis (Consulting and Production Manager)
- Mark Chang (Electrical Engineer)
- Antonio Ojeda (Chief Engineer)
- Jeff Olson (Mechanical Engineer)
- Kelsey Wolf-Cloud (Project Planner)
- Omar Garcia (Field and Mechanical Engineer )

## Recent posts
- 2025 Recap: Projects, Patents, and Progress (2026-01-02T18:11:33Z)
- Projects are advancing. Progress is being made. (2025-11-21T18:39:41Z)
- St. Croix Update: planning, partnerships, and why this market fits Wind Harvest (2025-10-24T18:03:04Z)
- Crowdfunding Launch & IRS Notice Secures Safe Harbor for St. Croix Project (2025-08-25T17:45:55Z)
- $500,000+ Reserved - Bonus Share Window Closing Soon - St. Croix Bird Update (2025-07-30T20:48:27Z)
- Our StartEngine Reservations Begin - Plus Big News on St. Croix (2025-07-18T22:07:42Z)
- Meeting 1/30 @ 5pm PST: Trump's Executive Orders - Impacts on Wind Harvest (2025-01-28T18:45:43Z)
- 2025 Off to a Strong Start (2025-01-16T19:24:46Z)
- A Busy Autumn for Wind Harvest (2024-10-01T17:03:26Z)
- Wind Harvest Momentum (2024-08-13T22:41:46Z)
- Summer Seminar Series (2024-05-30T17:41:47Z)
- Our Annual Report through April 2024 (2024-05-01T05:08:41Z)
- First Parts Ordered for Wind Harvester 4.0! (2024-04-19T22:28:04Z)
- First Patent Granted! Plus: CA mid-level wind report and more (2024-03-25T17:21:59Z)
- Media Round-Up (2024-01-10T17:21:22Z)

## Q&A
- Q: When will Wind Harvest actually have a certified wind turbine? My understanding is that you cannot sell anything until you have a certified product. As far as I can tell, you folks have NEVER had an actual turbine certified to bring to market. Am I missing something?
  - A: We are on track for our Model 4.0 Wind Harvester to start IEC 61400 certification this summer. This will be our first turbine to reach Technology Readiness Level 8. Our model 3.1, which is collecting data at the UL Advance Wind Turbine Testing Facility in TX, is arguably the second prototype in the long history of our company that reached TRL 7 (see the story of the Windstar 530s on the Prince of Wales property in the 1990s) Certification isn’t a requirement for sale. The only certification really required is for turbines that connect to transmission lines. In the U.S., FERC requires grid-connected inverters like Wind Harvesters to be UL 1741 certified. The importance of IEC 61400 certification (TRL 8) is that customers are more likely to buy turbines that have achieved this. They will then know that our claims on power performance, acoustics, and mechanical loads were independently measured and verified.
- Q: I signed up to make an additional investment in Wind Harvest, but the public launch keeps getting postponed. Why is that? There is also reference to Friends Invest First. How does that work?
  - A: I am sorry for not getting back to you and our other investors sooner. We decided to extend our “Test the Water” campaign and postpone the public launch until model 3.1 collected data. If you read our blog, you will see the chronology of our 3.1 challenges, including this last two-month delay because of the problem with the brake system. We have had sufficient funds not to start the new crowdfunding raise, so we waited and worked on improving our supporting material, including a soon-to-be-completed audit needed by the SEC. We appreciate your patience and support.
- Q: Hello, there are a lot of mid level turbines in your images of wind farms. What's the projected cost per individual unit? Also, what is the equity upside, is it the opportunity to invest in the parent company at a lower valuation than later investors, as the company's value increases?
  - A: The sale price of our turbines will vary with the size of the order, cost of steel, percent made locally, custom painting, size of the generator, etc. We expect that our turbines will sell for $3M - $4M per MW in 2023 and 2024. By 2026, we expect pricing to drop below $2M per MW. These prices will be in line with what it costs for similarly sized turbines. Still, because mid-level wind turbines won’t likely ever be much larger than 250kW, H-type turbines won’t ever meet the $1M -1.5M per MW that multi-megawatt horizontal axis turbines cost wind farm developers. The good news is that we are not directly competing with large traditional turbines. Our higher costs per MW will make sense for existing wind farm owners because they reap the significant benefits of reducing so many other costs associated with building a new wind farm (e.g., reuse of land, roads, etc.). Also, the U.S. tax credits that come with turbines help offset the higher costs. Regarding equity upside, we are in the process of closing our Series A1 round at $0.09 per share. This results in our company having a valuation of ~$20 million. You can look on the Wefunder page and see our projected sales in 2027. If we hit that mark, the price per share could exceed $10. Warrants with an exercise price of $0.01 each would look quite good then.
- Q: What is the current valuation of the company we would be banking a future equity position in?
  - A: Valuation is a complicated thing to assess. We are undergoing a 409A assessment of our common share valuation now. Common shares are always valued less than preferred shares until there is an IPO. Once our Series A1 round closes at $0.09 per preferred share, that will set the value of the company at $20+M. The exact value will be based on how many authorized shares are outstanding at that time.
- Q: I currently, and happily, own Wind Harvest Pilot Project (WHPP) Promissory Notes similar to these approaching launch Nov.4, and I look forward to being able to invest in the equity of Wind Harvest. Looking toward your planned Series B equity sale in 2022, do you plan to give your WHPP promissory note holders an opportunity to purchase Wind Harvest shares at that time? Thanks.
  - A: Our crowdfunding structure does not allow us to sell Wind Harvest shares directly to investors, whether accredited or non-accredited. Wind Harvest crowdfunding investors can expect to realize an equity upside in our company through our Wefunder promissory note offerings and sale of associated warrants held by WHPP. You will be able to “vote” on how many warrants should be exercised for WHPP to receive shares in WHI and then sold each time there is an opportunity to do so. The SEC restricts us to only allowing accredited investors to participate in our Series B and C rounds.
- Q: Hello Kevin, I am another 2022 investor that has not seen any interest payments on my investment. A previous response indicated that I should see an amount in the "Cash" tab on WeFunder, but the only transactions are the initial funding of my account and the dispersement to Wind Harvest, and nothing since 2022. Can you clarify if I should be seeing any other transactions or if I'm on hold until 2027. Thanks, Kevin C.
- Q: "equity upside in parent company" sounds great, but what does it mean in plain english? I have a good handful of investments here at Wefunder, different terms but easy to understand. I have read through your answers to questions about how investors can cash in, and I could not, if asked, explain it to someone else. So please tell me, if I put in $1000, what do I get in return, when do I get it, and what do I have to do to make it happen? I understand I will make 8%, which is certainly no reason to invest. At some point the $1000 becomes 2500 warrants, which I "sell?" Do I get shares in exchange for the warrants? Why are you not offering a convertible note to make this process automatic? You mention a series B and C for accredited investors, when will that happen?
  - A: The $1000 you invested never become warrants. It always remains as a note that pays interest every February until it is paid off after Dec. 31, 2027. In addition to the interest, the $1000 earns warrants. Our shareholders voted to add the warrants because a note in any pre-revenue company is risky and would benefit from a sweetener or kicker. In this offering $1000 earns income from the eventual sale of 2500 shares of Wind Harvest stock into which the warrants can convert at $0.01 each. If the Wind Harvest share net an average of $0.50 each, the $1000 investment would earn an extra $1250 in additional to roughly $400 in interest (~5 years at 8%). We decided not to offer convertible note primarily to avoid having 2000 more shareholders on our cap table. We are raising $5 million in direct equity from accredited investors into our Series A-4 round with shares selling for $0.09 each. We expect to raise another $15M in direct equity from family funds and strategic investments in our Series B round next year. That capital will help finance the many projects we have in our sales pipeline as banks typically won't finance projects and customers that use new technololgy.
- Q: I saw that you will be applying for patents for the Model 4.0 Wind Harvester in the near future. I'm wondering if you have had any patents issued for any of the previous models of the Wind Harvester?
  - A: Wind Harvest was granted the coupled vortex patent in 2004 . You can read more about it here - https://windharvest.com/our-technology/coupled-vortex-effect/. It was a huge breakthrough for H-type turbines. That patent has run out. The last 17 years. Now we are 8 weeks or so away from filing a suite of new patents that came out of our engineers' work on Model 4.0. We look forward to share those with you.
- Q: You indicate a pipeline of deals. Can you confirm if you've any letters of intent or MOUS or any other confirmed deals from buyers?
  - A: 1. A letter of intent with a ranch family in southern Solano County CA for a project up to 20 MWs. We are currently in negotiations for a long-term lease agreement. We call this the Rio Vista Resilience Project because if we can include solar and batteries along with our wind turbine, our project could supply much of Rio Vista’s energy and help them withstand grid blackouts and other problems. 2. Verbal and soon-to-be written commitments for projects in Barbados. The island is advancing its first tall turbine project that should open up our projects for more rapid permitting. 3. A verbal agreement with Clean Energy Holdings that we expect to convert into an MOU and purchase order for a series of projects they are developing in TX, CO and WY. 4. Advanced discussions with the US Forest Service for our proposed Frost Peak Project. With the USFS help, we have identified land near the telecom towers on Frost Peak that cannot be seen from the Pacific Crest Trail. Next step is an on-site visit by a construction expert to determine the efficaciousness of installing two plus turbines in the granite bedrock on that amazingly windy ridgeline. 5. We’ve identified ten+ high energy using facilities with excellent mid-level wind resources where tall turbines don’t fit within the properties’ setback easements. Most of these possible projects could add 14 to 70 of our turbines and all could be quite profitable for the facility owners.
- Q: When do you expect to have your patents approved?
  - A: This is an important question for any start-up company. We have two pieces of good news on this front. The first tranche from our crowdfunding offering arrives at the end of September and with it we will have patent attorney Jeremy Briggs complete the work on a set of new patents. He should have them filed by the end of November. The second is that our patents will be filed with the US Patent Office ‘s new Climate Change Mitigation Pilot Program which allows companies like ours to accelerate patents without paying extra fees. The examination is fast; we should receive a first office action on the merits within mere months from filing. A final office action or a notice of allowance will be received within 1 year from filing. We are confident that when competitors enter the huge mid-level wind market, they will want to license our patents because it will be difficult to competitively make our types of turbines without our inventions. We look forward to sharing with you the ingenious inventions our engineering team have incorporated into our turbine designs.
- Q: Your INVESTMENT TERMS are too vague to justify investing. What are the actual, specific terms involved in the investment?
  - A: Investors will receive a promissory note that pays 8% (early bird) or 7% annually until Dec. 31, 2027, when the principal and final interest payment will be sent to the noteholder. Payments of interest are made annually in February. In addition, the noteholder receives pro-rata earnings from the sales of the 2.5 warrants that Wind Harvest International, Inc. adds for each dollar invested as an equity kicker to the note. The first liquidity event should be an IPO sometime in 2025 or ‘26. Not all warrants are expected to be exercised and sold at the first liquidity event. After one year, the SEC allows you to transfer or sell your notes. There will likely be exchanges for notes like this, especially if we hit anywhere near our targets and the share price goes up to $1 or more.
- Q: I genuinely believe in Wind Harvest but what happens it isn’t able to meet its new 2,500,000 goal?
  - A: Wind Harvest will soon close a Series A1 equity round that will convert old debt and convertible notes into shares and raise an additional $500K. That clean up round prepares us for a Series B equity raise of $5-6M for later this spring. This $2.5M crowdfunding raise will allow us to more aggressively develop projects that buy our turbines and help us move through Technology Readiness Level 9 sooner. TRL 9 is achieved when banks will use our turbines as collateral for project loans. Experts on this warn us that many banks will want us to show them data from 20+ turbines operating for at least 1-2 years before they will finance projects that use new technology like Wind Harvesters. Our way around that is to use the crowdfunding raise to help finance the projects we have in development in California, Barbados and other places. We will make good use of the money we raise. And the biggest problem that technology companies in our late stage of development is a lack of capital. Thank you for your good question
- Q: Nicholas, All investor through Wefunder are treated the same. Your promissory note has a Dec. 31, 2027 maturity date. We are hoping to pay off the interest we owe you and create enough value in our shares and an opportunity to sell them that the warrants that come with your note create a significant return on your investment as well.Kevin
- Q: How would I withdraw my investent?
- Q: Hi, I have not received any Interest payments on my promissory note since investment in 2022. Please contact me. Thank you.
  - A: Thomas, Have you been receiving our updates? We have a gmail address for you. Also, the Wefunder site sends out the updates. In the updates we let everyone know that we can't pay the interest until we complete the round of capital we are working on raising. If you have changed your email since setting up your Wefunder account, please inform us of the new one at info@windharvest.com. Thank you. Kevin