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...

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.

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...

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...

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...

Wind Harvest

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

windharvest.com

Davis, CA

Technology Climate Change Energy Sustainability Clean Tech

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Mr.

LEAD INVESTOR

Invested $1,000 this round + $100,000 previously

Right product, right time, right team. I've built vertical axis (H type) wind turbines and followed the industry for decades. I've never seen a better design or a better engineering team than what I see at Wind Harvest. Plus, the understory application on existing wind farms is genius. No additional land needed to double output. Add to that the quiet operation, the structural robustness of extruded aluminum and steel, and the ability of all components to be recycled at end of life -- everything about this product is a home run. Such a great opportunity to reap financial rewards and improve the planet at the same time.

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