Emerging Fuels Technology

Alternative Energy

Total Investors

Amount Raised

$3.60

Price Per Share

$360

Minimum Investment

Non-Voting Common Stock

Securities Offered

A Renewable Fuels Revolution

Emerging Fuels Technology (EFT) is creating the future of fuel. We are developing the means for carbon-neutral fuels that work in existing engines. Currently, we are licensing our core technologies to plants ranging from 2,100 to 420,000 gallons per day.

Upon successful completion of this raise, we intend to build and operate our own plants around the U.S. to provide the sustainable, renewable jet fuel and diesel that are in high demand and short supply. To meet today’s demand, the nation needs to expand its capabilities exponentially—and we intend to do our part.

A Renewable Fuels Revolution

Emerging Fuels Technology (EFT) is creating the future of fuel. We are developing the means for carbon-neutral fuels that work in existing engines. Currently, we are licensing our core technologies to plants ranging from 2,100 to 420,000 gallons per day.

Upon successful completion of this raise, we intend to build and operate our own plants around the U.S. to provide the sustainable, renewable jet fuel and diesel that are in high demand and short supply. To meet today’s demand, the nation needs to expand its capabilities exponentially—and we intend to do our part.

Company Overview

What We Do

We have licensed our technology and processes to multiple global corporations who are designing plants with our technology as part of their core. We are providing renewable jet fuel and diesel that are in high demand and short supply everywhere.

What We Do

We have licensed our technology and processes to multiple global corporations who are designing plants with our technology as part of their core. We are providing renewable jet fuel and diesel that are in high demand and short supply everywhere.

What Makes Us Different

Our unique small plant sizes and operational efficiency result in a highly cost-effective process that yields what the industry calls “drop-in” fuels. This means that they are already fully compatible with existing engines and machinery. No engine modifications are necessary and no need to blend our product with fossil fuels, ours burn cleaner and more efficiently.

What Makes Us Different

Our unique small plant sizes and operational efficiency result in a highly cost-effective process that yields what the industry calls “drop-in” fuels. This means that they are already fully compatible with existing engines and machinery. No engine modifications are necessary and no need to blend our product with fossil fuels, ours burn cleaner and more efficiently.

What's Next

Many major multinational companies, as they hear about us, are interested. From the Air Force to leading airlines and major delivery firms with large trucking fleets—all are hungry for renewable fuels. Upon successful completion of this raise, we intend to build and operate our own plants across the U.S.

What's Next

Many major multinational companies, as they hear about us, are interested. From the Air Force to leading airlines and major delivery firms with large trucking fleets—all are hungry for renewable fuels. Upon successful completion of this raise, we intend to build and operate our own plants across the U.S.

Products & Services
BioGTL

From manure to wastewater to landfills, our cost-effective, autonomous plants can make fuels around the country and around the world.

Flarebuster

Both active and abandoned natural gas wells are set to flare, burning some of the escaping gas. Our process eliminates the flare, capturing all of the escaping gas turning it into fuels autonomously. Our low cost solution has thousands of applicable sites across the US and the Middle East.

As Seen In

"...Emerging Fuels Technology then fed gas through its own process, combining it with hydrogen (which can be produced either from methane or from water using electricity) to generate synthetic crude oil...."

The Team

Specialized expertise, hands-on knowledge, decades of experience, and 100% focus.
Our management team members boast several decades of experience: many were leaders of major corporations in the crude oil, natural gas, synthetic fuel, and chemical engineering industries. Our leadership team is armed with the knowledge necessary to produce the most cost-efficient, high-quality fuels and chemicals, as well as hundreds of other products (such as solvents and waxes). In addition, our patents ensure our shareholder value scales with global roll-out.

Kenneth Agee

Founder & President

Mr. Agee has a background in crude oil refining and natural gas processing. In 1984, he formed Syntroleum Corporation a publicly traded company where he held the position of CEO and did extensive gas-to-liquids (GTL) development with several large oil companies between 1990 and 2007.

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Mark Agee

VP of Business Development
& Licensing

Mr. Agee has spent his entire career growing technology companies, from start-up through IPO, having taken two companies public. Mr. Agee was one of the original investors in Syntroleum, founded by his brother Kenneth Agee in 1984. Ten years later, he joined the company as VP of Finance and later became its President/COO.

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Ed Holcomb

Chief Accounting
Officer

Mr. Holcomb has eight years of public accounting and 31 years of corporate finance experience. He has held positions of VP of Finance, Chief Accounting Officer, and Controller prior to joining EFT and has over 10 years directing the SEC reporting at Docucorp International, EXE Technologies and Memorex Telex. Mr. Holcomb is a CPA and holds a BSBA degree majoring in Accounting from the University of Tulsa.

Ronnie Young

Lab Manager

Mr. Young joined Syntroleum Corporation as a supervisory chemist after graduate school and later transitioned to EFT after EFT acquired the laboratory assets. He has a background in oil and gas production and farming/ranching. While earning a M.S. in Chemistry from the University of Oklahoma, he gained applicable experience in the synthesis, handling, and characterization techniques for air and moisture sensitive materials.

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James W. Engman

Technical Services Manager

Mr. Engman has spent the last 20+ years working in the laboratory supporting the development of Fischer-Tropsch catalyst and related process technologies. Mr. Engman has managed the catalyst development laboratory for both Syntroleum and EFT. During his time as Laboratory Manager, Mr. Engman provided technical support for both our FT reactor and catalyst development activities and our extensive hydro-processing development activities.

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Deal Terms

$3.60 per share (Minimum: 100 shares)
Raise Target:$75M
All Investors Welcome (All income and wealth levels)
Fundraising Description
Round Type: Seed Plus
Round Size: US $75,000,000
Raised to Date: US $2,270,075
US $217,075 (under Reg CF Only)
Minimum Investment: US $360
Use of Funds
25% of Maximum Offering Amount50% of Maximum Offering Amount 75% of Maximum Offering Amount Maximum Offering Amount 
(in millions)(in millions)(in millions)(in millions)
Gross Proceeds to the Company$18.75 $37.50$56.25$75.00
Estimated offering fees and expenses$2.81$5.63$8.44$11.25
Net Proceeds$15.94$31.87$47.81$63.75
BioGTL plants$14.00$20.25$30.25$30.25
Other capital expenditures$ --$0.50$0.50$0.50
FlareBuster plant equity$ --$8.82$13.76$26.70
Business Development$0.50$0.50$1.00$2.00
Patents/Legal/Other general and administrative expenses$0.94$1.00$1.00$2.00
Hiring$0.20$0.50$1.00$2.00
Expansion of research facility$0.30$0.30$0.30$0.30
Total net use of proceeds$15.94$31.87$47.81$63.75
Risks and Disclosures

Investing in start-up or early developmental companies is very risky and you should be prepared to lose your investment or wait a significant time before realizing any economic benefit from it. Therefore, it’s very important that you consider your immediate and future income needs and invest no more than you can afford to lose.

Securities purchased in a crowdfunding transaction generally cannot be resold for a specific period of time, unless certain conditions are met.   We encourage you to thoroughly read all offering documentation and refer to our Investor FAQ’s to ensure you are familiar with the characteristics of the types of securities JUSTLY offers, and the risks associated with them.  Please ensure you understand the terms of what you are investing in before investing.

Documents

Updates

Check back here for the latest news!

Comments

FAQs

Making an Investment in Emerging Fuels Technology
How does investing work?
When you complete your investment on JUSTLY, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by the issuer. Once the Issuer accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to the Issuer in exchange for your securities.
What will I need to complete my investment?
To make an investment, you will need the following information readily available:
  1. Personal information such as your current address and phone number
  2. Employment and employer information
  3. Net worth and income information
  4. Your accredited investor status
  5. Social Security Number or passport
  6. ABA bank routing number and checking account number (typically found on a personal check or bank statement) or debit card information, unless paying via a Wire transfer.
How does investing work?
When you complete your investment on JUSTLY, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by the issuer. Once the Issuer accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to the Issuer in exchange for your securities.
What will I need to complete my investment?
To make an investment, you will need the following information readily available:
  1. Personal information such as your current address and phone number
  2. Employment and employer information
  3. Net worth and income information
  4. Your accredited investor status
  5. Social Security Number or passport
  6. ABA bank routing number and checking account number (typically found on a personal check or bank statement) or debit card information, unless paying via a Wire transfer.
After My Investment
How can I sell my securities in the future?
Currently there is no market or liquidity for these securities. Right now the Issuer does not plan to list these securities on a national exchange or another secondary market. At some point the Issuer may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when the Issuer either lists their securities on an exchange, is acquired, or goes bankrupt.
How do I keep track of this investment?
You can view your portfolio of investments by setting up an account.  You will receive a link and instructions on how to set up a complimentary account in the Investment Confirmation you will receive via email when you make the investment.  If the offering closes successfully and you are accepted as a shareholder/investor, you may receive periodic updates from the Company. 
How can I sell my securities in the future?
Currently there is no market or liquidity for these securities. Right now the Issuer does not plan to list these securities on a national exchange or another secondary market. At some point the Issuer may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when the Issuer either lists their securities on an exchange, is acquired, or goes bankrupt.
How do I keep track of this investment?
You can return to JUSTLY at any time to view your portfolio of investments and obtain a summary statement. If invested under Regulation CF you may also receive periodic updates from the company about their business, in addition to monthly account statements.

Contact

6024 S 116th E Ave
Tulsa, OK 74146

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Contact

6024 S 116th E Ave
Tulsa, OK 74146

Twitter
Facebook
LinkedIn

Total Investors

Amount Raised

$3.60

Price Per Share

$360

Minimum Investment

Non-Voting
Common Stock

Securities Offered