Change Wind Corp: New Vertical Axis Wind Turbine with New Technologies and Low Costs from Mass Production

Date: Friday, November 10, 2017

Time: 8:00am – 10:00am

Organizer: Gelvin Stevenson, PhD

Host: Sidley Austin LLP

Location: 787 Seventh Ave. (AXA Equitable Building, between 51st and 52nd Streets), 23rd Floor

Change Wind Corporation ("CWC") is a six (6) year old self-funded developer of advanced electricity generating wind turbine technology. What makes the CWC 36kW Vertical Axis Wind Turbine (VAWT) unique are it’s advanced technologies (several patents) and its focus on high-tech, low-cost mass production. The results: a new standard in low-cost, high performance wind energy.

The 36kW VWAT has been designed and engineered to generate electricity in light breezes as little as six miles per hour and makes 36 kilowatts power in only a twelve (12) mile per hour wind. Standing only 30ft or 42ft tall and light weight, the helical winged turbine can generate power from turbulent air in any direction, and can produce power from short duration wind gusts. The high lift, low drag wings and the friction reducing balancing system (patented) are key designs that allow the CWC turbine to outperform competing renewable energy generation.

The technology’s other inherent advantages are ease of transportation (two turbines can be shipped in a 14ft. cube van) and installation on a six to eight cubic yard concrete pad that make for a quick start to full operation. A simple annual maintenance service is easily performed at ground level validating a ten year factory warranty. The CWC 36kW performance/cost ratio is a game changer within the industry. At $59,950 or $1,665 cost per kW the 36kW is 70% less than competitors’ $6,040 average kW cost as published by AWEA.

The Company has two domestic patents granted with 25 patented claims, and an additional 24 international patent claims pending. In October of 2013 CWC began assembling an ISO 9001 registered mass production infrastructure to profitably manufacture twenty four (24) wind turbines per day. The Company’s manufacturing capabilities include internal fixture and tooling design and construction capacity which reduces its dependency on sub-contractors and manufacturing lead times.

The development of the CWC 36kW helical wing wind turbine was initially conceived in 2007 by a group of successful philanthropic minded business men and women that wanted to reduce their carbon footprint. However, after researching the market they could not find a renewable energy generating device that would be profitable to operate without government subsidies. Consequently they decided to pool their automotive manufacturing, financial and race car design experience along with personal capital and set out to design and engineer for mass production a renewable energy generator that would meet or beat the production costs of centralized fossil fuel generation in the U.S., while at same time reducing the carbon footprint and have a minimal impact on the landscape or skyline.

After installing a production ready wind turbine on a Pennsylvania farm in 2009, and incorporating that same year, the Company set about to develop a mass production infrastructure to achieve its low market price. In 2010 the Company began to acquire mass production CNC machinery from GM, Ford, Boeing, Bendix, Rockwell Automation, BAE Aerospace, GE Aviation, NASA, and others. In the case of General Motors the Company’s acquisitions saved the machines from being sold to scrap metal dealers as was the fate for many of the multimillion pound machines from Pontiac, Mansfield, and Indianapolis Stamping.

The Company believes that the Change Wind turbine is the world’s only turbine that is manufactured utilizing repurposed mass production CNC and robotic machinery from both the automotive and aerospace industry within an abandoned factory powered by an on-site hydroelectric energy source.

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Register at the GIF Eventbrite page Greentech Investors Forum

Or contact Gelvin at gelvin.stevenson@gmail.com.

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This low acquisition cost allows customers to recoup their investment in as little as five years before government subsidies and three with current incentives. With a twenty year useful life, CWC turbines are particularly well suited for Distributed Generation and Micro-Grids.

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GIF thanks Investors Circle for its generous support, Geoff Miles, Chino Maduagwu, and Gary Kier for developing and operating GIF’s video, social media and design capabilities, Tonia Popke for her financial expertise, and Jesse Goldstein, PhD, for his continued support.

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Normally, mass production requires large capital outlays, but CWC has acquired over $65,000,000 of automated and robotic machinery for an equity funded sunk cost of about $7,500,000, and secured a 200,00 sq. ft. factory at $1.25 per square foot with rail siding and access to on site hydroelectric power at 66% below market, which saves $2.4 million per year.)

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Disclaimer: The Greentech Investors Forum (GIF) is not soliciting funds for the presenting companies, nor is it encouraging parties to invest in them. We try to find good companies—not necessarily good investments. They have been advised on what is acceptable in terms of predicted results, but GIF takes no responsibility for what they actually do, say, or how they perform in the future. Gelvin Stevenson is or may be working with any presenting company individually.

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Agenda:          8:00 to 8:30     -   Networking & light breakfast

8:30 to 9:10     -   Presentation: Jim Bardia, President, CEO, Director of Change Wind Corporation

9:10 to 9:40     -   Sector Expert--TBD

9:40 to 10:00   -   Discussion

Security:        Security is tight, so please register early. If there is a problem at the Security Desk, please contact Gelvin Stevenson at 917-599-6089.

Fees:               Please register on Eventbrite:  Greentech Investors Forum

$50, payable ahead of time or at the door. Cash or checks and credit cards accepted.

$25 for call-in. Registered call-ins will be emailed the call-in numbers and, if available, the slides to be presented.

                        $20 for students and faculty

With questions, please visit Greentech Investors Forum’s Eventbrite site, or send your contact information to Gelvin Stevenson at gelvin.stevenson@gmail.com or 917-599-6089. And contact Gelvin If you have questions or need more information.

Bios:

Jim Bardia, President, CEO Director Inventor of the CWC wind turbine, manufacturer of prototype, specialty and armored vehicles, founding principal of the First Union Securities Wall Street Office, accomplished auto-racer.

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