There's no denying we have a commuter problem. Every day, millions of people line up behind the wheels of their cars in so-called "mega-regions", burning time, fuel, and sanity. It's clear that the future of transportation is electric and that electric bikes are by far the most popular electric vehicle. However, electric bikes tend to still be too expensive and too burdensome for a lot of consumers.
With a 60 second installation and priced under $1,000, the GeoOrbital wheel, allows people to use their current bike "to bicycle to work without sweating, or to ride via routes with hills that they would otherwise be unable to conquer" - INC
The reception for the GeoOrbital wheel has been impressive. We launched publicly on May 1st 2016 with a Kickstarter campaign where we raised $1.26M from 1,623 backers in 45 days and met our funding goal in under an hour. This places GeoOrbital in the top .05% of all crowdfunding.
Since our launch we have $1.8M in gross sales and over 40 million people all over the world have seen our content.
With this campaign on StartEngine we are building a community by including everyone in our growth. Great products have the support of great people and we are looking for great investors to join us in our journey so we grow together.
Join us in redefining transportation!
INVESTMENT
Convertible Note | Minimum $400 Investment
Note converts to equity when the company raises $7M, including any previously raised convertible notes and debts.
Maturity Date: July 31, 2020
$10M valuation cap
5% yearly interest rate
20% Discount
Since June of 2016 when our Kickstarter campaign got viral traction, we've shipped wheels across the globe, continued to receive orders, and more importantly, continued to innovate according to customer feedback and explore more and more opportunities to grow with the market.
We are proud to make the GeoOrbital wheel in the U.S.A. (from U.S. and Imported parts).
in which consumers have ordered GeoOrbital wheels.
Sold
Traveled on GeoOrbital wheels (based on community feedback)
For our video content online
"I'm 70 now, but I feel 25 when I'm riding with the wheel!"
"Now that I have over 300 miles on my GO, I can say I'm still very happy. The GO has made a high quality product, it should last for many years."
"It's a success, I think these are great. I like these very much! Never going to ride a regular bicycle again."
"The GeoOrbital wheel makes towing our daughter effortless...even on hills!"
"The wheel I tested performed well... it made quick, fun work of the bike lanes around our office. (Having a little extra boost available to help dodge taxis and trucks almost feels worth the price alone.)"
"It's definitely fun and futuristic... I had a lot of fun! The GeoOrbital is a great design."
"Of all the cycling gadgets we've had the chance to test here at New Atlas – and there have been quite a few – the GeoOrbital Wheel has got to be one of the most fascinating... it looks like it belongs in the upcoming Blade Runner sequel..."
"Zipping through the streets near South Station, pedestrians and motorists alike couldn't help but stop and stare, a few even asking what I was riding. I would have stopped to explain, but I was having too much fun."
An orbital wheel is a wheel with no center – it “orbits” around an empty area, rather than spinning as a result of being connected to a central axle or “hub.” For example, have you seen the movie TRON? The wheels on those motorcycles are examples of orbital wheels (sometimes called hubless wheels or centerless wheels). The Patent Pending GeoOrbital wheel is an evolution of the orbital wheel platform, where instead of orbiting around an empty space, the center of the wheel contains components that make the wheel function as an “all-in-one” vehicle propulsion system. We call this central mass a “Geo.” The most powerful aspect of this new platform is that this “Geo” remains stationary with only the tire rotating, this frees the GeoOrbital platform from the constraints of traditional wheel (and vehicle) designs and opens up a world of opportunities.
This new type of wheel was invented in 2014 by a non-engineer, Michael Burtov, who was inspired by the 2010 TRON movie. Michael managed to build the first prototype in his kitchen and by working with a top intellectual property law firm, Foley & Lardner, filed the first patent application. When Dakota Decker, an engineer from SpaceX, joined the team a few months later, he began growing the prototype into a product. Over the next 2+ years GeoOrbital built and tested 5 generations of rideable prototypes and filed additional patent applications. We have tested and validated this new technology and our company has now become synonymous with this radically different design which is now enjoying commercial success with consumers ordering and using the wheel all around the world. Our Kickstarter campaign was one of the most successful ever, and retailers like BestBuy now carry the product today.
As we cement our place in the market and build the GeoOrbital brand we are focusing on the product roadmap ahead.
The GeoOrbital bike wheel is the most elegant solution to turn your bicycle into an e-bike and we are very proud of that. It is a real tested product that can be purchased today, installed in seconds, and is already helping alleviate global transportation challenges like noise, pollution, congestion, and parking.
The GeoOrbital platform, however, is so much more than a bicycle wheel - it is a transportation system so versatile that its applications are still in their infancy. The GeoOrbital wheel occupies effectively the same amount of space as a standard wheel but contains a motor, a battery, a computer, and sensors - imagine the possibilities when the entire powertrain of a vehicle exists in the wheels alone.
With the GeoOrbital wheel a vehicle no longer needs a drive shaft to transfer power to the wheel(s), which:
We are dreaming of a better future and are uniquely positioned today to participate in shaping the urban landscape of tomorrow by redefining what a 1, 2, 3, or even a 4 wheeled vehicle can be.
The GeoOrbital wheel is by far the easiest way to add electric power to your bike. The only part that isn’t in the wheel itself is a simple thumb activated throttle, which is easily clipped onto your handlebar.
We use high powered 500W motors and Panasonic 36V removable Lithium-Ion batteries with a no-pedaling range of up to 20 miles per-battery (up to a 12 miles for the 26 inch wheel).
With our built in USB outlet you can charge your phone, bike lights, or even a speaker on the go. Remove the battery from the wheel to have a massive portable power bank to take with you.
We displace the air inside of a standard bicycle tire with a specially developed hi-density foam. The result is a tire that acts just like a traditional bike tire, but you will never get a flat. Never!
By partnering with global retailers including Best Buy we are redefining how transportation products are discovered and bought by consumers.
Outside of selling directly on our website and through our network of Ambassadors we are partnering with top retailers to launch a new category of product - a way to turn the over 1 Billion already made bicycles into affordable electric vehicles that 94% of Americans already know how to use. Working with best-in-class retailers also allows us to create more volume sales, raise awareness, and, in turn, reduce costs.
Priced under $1,000, the GeoOrbital wheel, when mounted on a standard bicycle, makes one of the most affordable quality electric vehicles available.
A GeoOrbital wheel on sale at a Best Buy Store in New York
Because our community launched us and lead to our viral growth we have an active network of over 150 Ambassadors that connect existing GeoOrbital owners with potential customers. Our Ambassadors make a commission when someone in their network makes a purchase. The Purchaser as well receives a discount.
E-bike sales in 2016
Source: Navigant Research
Projected worldwide e-bike sales by 2025
Source: Navigant Research
E-bikes sold worldwide in 2015
Source: Electric Bikes Worldwide Reports
Electric bicycles continue to be the highest selling electric vehicle on the planet with an estimated 35M units sold in 2015 accounting for 62% of all e-mobility device revenue.
The e-bike industry is driven by high urbanization rates, improving battery technology and bicycling infrastructure, aggressive city energy policy, lower cost, and higher-performing product offerings.
With consumers and municipalities around the globe increasingly searching for new products that will enable improved mobility in and around cities e-mobility devices are one of the top growing segments.
Revenue generated by global e-mobility devices (lead by e-bikes) is expected to more than double from 2016 to 2025, growing from a $25.6 billion market in 2016 to $62.2 billion by 2025. E-mobility device revenue is expected to grow at a strong compound annual growth rate (CAGR) of 10.3% throughout the forecast period.
The GeoOrbital wheel addresses a much larger market than what is available to standard electric bicycle manufacturers. As our market not only includes people who might want to buy a new electric bike, but also current owners of over 1 Billion already made bicycles who might want to turn them into affordable electric vehicles.
GeoOrbital, Inc. has received a Verified Check from CrowdCheck for the purposes of raising $1,070,000 in an offering of the company’s Convertible Promissory Notes on StartEngine (the "Offering"). The Verified Check looks for evidence indicating that the company is a legitimate venture conducting the type of business it claims, is properly incorporated and is in good standing with a US state, and meets all legal requirements to seek investment through an online securities offering. The Verified Check confirms that the company is complying with the requirements of the Securities and Exchange Commission’s Regulation CF. In conducting the Verified Check, CrowdCheck obtains information and documentation directly from the company and from other sources that support statements made by the company. The Verified Check additionally looks for evidence to confirm material assertions made by the company in the Form C filed by the company. CrowdCheck has been able to obtain sufficient evidence from GeoOrbital, Inc. and outside sources to provide GeoOrbital, Inc. with a Verified Check.
Electric bikes have been around for decades but haven't broken out of their niche audience. Instead of building a bicycle around electric power, GeoOrbital is a universal wheel you can swap into your existing bike to power your ride.
While it may not run on pure liquid energy, or leave glowing trails of light in its wake, the GeoOrbital electric bike wheel will absolutely catch your eye and hurt your brain ... making you look like you’re visiting from the future...
“Swap out the old front wheel for a 21st-century one”
“And as far as the setup goes, it really is as simple as [GeoOrbital] describes it.”
“You'll be the coolest rider on the block"
"Reinvented The Electric Bike."
"Hit 20 MPH on your bike without breaking a sweat."
"One of the coolest Kickstarter projects we’ve ever seen."
“The device allows people to bicycle to work without sweating, or to ride via routes with hills that they would otherwise be unable to conquer”
“A more affordable alternative to an electric bike”
Convertible Note | Minimum $400 Investment
Note converts when the company raises $7M, including any previously raised convertible notes and debts.
Maturity Date: July 31, 2020
$10M valuation cap
5% yearly interest rate
20% Discount
What is a Convertible Note?
A convertible note offers you the right to receive shares in GeoOrbital. The number of shares you will receive in the future will be determined at the next equity round in which GeoOrbital raises at least $7M in equity financing, including the conversion of the outstanding convertible notes and any issued debt. The highest conversion price per share is set based on a $10M company valuation cap or if less then you will receive a 20% discount on the price the new investors are purchasing. You also receive a 5% interest per year added to your investment. When the maturity date is reached and the note has not converted then you are entitled to receive your investment and interest back from the company.
Perks
Perks are available through July 31, 2018. The discount applies to any purchases on geoo.com.
Invest $1,000 and receive $100 in additional notes and a 5% discount on purchases.
Invest $2,500 and receive $250 in additional notes and a 7% discount on purchases.
Invest $5,000 and receive $500 in additional notes and a 10% discount on purchases.
Invest $10,000 and receive $1,250 in additional notes and a 15% discount on purchases.
Invest $50,000 and receive $7,000 in additional notes and a 20% discount on purchases.
Maximum $1,070,000 of convertible promissory notes ($1,070,000)
Minimum $50,000 of convertible promissory notes ($50,000)
| Company | GeoOrbital, Inc. |
| | |
| Corporate Address | 1 Broadway, 14th Floor. Cambridge, MA 02142 |
| | |
| Description of Business | The Company was formed to develop and sell an “all-in-one” electric bike wheel that can be attached to almost any bicycle to make it electric. The company also develops alternative electric vehicles based on its proprietary platform. |
| | |
| Type of Security Offered | Convertible Promissory Notes |
| | |
| Purchase Price of Security Offered | $1 |
| | |
| Minimum Investment Amount (per investor) | $400 |
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Hello GeoOrbital Investor!
Are you curious to see if the predictions that the SHARK TANK Investors made came true?
Hint: Mark Cuban was certain that the GeoOrbital wheel would never be used by Law Enforcement.
Do you want to see all the SHARKS lose control and giggle like little kids while riding our wheel?
Well, our episode is being rerun this evening at 8pm ET (5PM PT) on CNBC. If you missed us the first time, we hope that you can tune in today.
If you've ever been curious about the value for a company of simply being aired on SHARK TANK (without even closing a deal) here is a nice quote from an INC article that might be of interest:
"...the producers told us that an appearance on Shark Tank is worth approximately $9 million in marketing spend. In other words, if a third-party company wanted to pay ABC for a 10-minute commercial for its business during primetime television, it would have to pay $9 million." ... and that's without hiring celebrities like the SHARKS to appear in the commercial 😏
Happy Watching!
-Team GeoOrbital
Hello Everyone!
GeoOrbital is proud to launch our partnership with Law Enforcement Against Drugs (L.E.A.D.) with an initial deployment of our wheels across 10 new police departments. L.E.A.D. is a nation-wide non profit (501c3) organization, supported by dedicated police officers, committed to protecting our youth and communities from the proliferation of drugs, drug related crimes, peer to peer/cyber bullying and violence. L.E.A.D collaborates with hundreds of educators, community leaders, families and L.E.A.D. support organizations.
Our partnership with L.E.A.D. further supports GeoOrbital’s mission of promoting community policing and officer safety through the use of our electric bike wheel technology.
We would also like to extend our deepest gratitude to Preffered Freezer Inc. & CEO John J. Galiher for purchasing and donating GeoOrbital wheels and Police Bicycles through the L.E.A.D./GeoOrbital partnership.
This first batch of GeoOrbital PS29 wheels will be distributed to
10 Police Departments across the state of New Jersey!
We are looking forward to many more police departments joining our movement through the L.E.A.D./GeoOrbital partnership.
“L.E.A.D. supports GeoOrbital's vision of promoting community policing with officer safety in mind, by working together with GeoOrbital we can create safer, healthier, communities free of drugs, bullying, and violence.”
- Nicholas R. DeMauro Executive Director & Chief Executive Officer, L.E.A.D.
Thank you,
Team GeoOrbital
Hello Everyone!
After surpassing our minimum funding goal on the first day, we recently raised our first $100,000 in our new funding round.
Please continue to invest and spread the word as we might oversubscribe this funding round like we have before.
Thank you everyone for your support!
-Michael Burtov
Founder & CEO, GeoOrbital
In these turbulent times the hundreds of thousands of law enforcement officers across the country have our backs, and we are doing everything that we can to have theirs.
We are proud to announce our partnership with The National Police Defense Foundation (NPDF), a congressionally recognized organization whose mission is to provide free medical and legal support services to the law enforcement community. An organization of over 200,000 members and supporters the NPDF is credited with establishing successful law enforcement initiatives that have been recognized worldwide by the U.S. House of Representatives, U.S. Senate, Governors, State Legislatures, United Nations, Civil Rights organizations, Foreign Governments, and others.
We have partnered with the NPDF to promote the SafeCop™ Program that issues a $10,000 reward for information leading to the arrest and conviction of criminals who shoot at police officers or threaten their lives on the internet. Through GeoOrbital’s partnership with the NPDF, a portion of every electric bike wheel sale will be dedicated to the SafeCop™ program to help keep our officers safe.
We are proud to work together with the NPDF to promote and deploy the GeoOrbital wheel within law enforcement agencies around the country, and potentially around the world.
“GeoOrbital has created an electric wheel with officer safety in mind. Bike Patrol Officers can now arrive at a call for service fresh and not winded while providing faster response times. The N.P.D.F. endorses this safe, new innovative technology.”
- SSA Joseph Occhipinti (Retired) | Founder and Executive Director, National Police Defense Foundation
Thank you everyone!
-Team GeoOrbital
Click HERE to learn about investing in GeoOrbital again or for the first time.
Hello Awesome Investors & Followers!
Not only did we well surpass our minimum funding amount within the first day of our new StartEngine Campaign, but we were also just featured on CNN's Great Big Story!
The Great Big Story format is to feature exceptional people and ideas in short, under 3 minute, "micro-documentaries." It is a groundbreaking approach to showcasing ideas and we are very honored to have been selected by CNN and Shell to be one of the leading ideas shaping our future.
We hope that you have a chance to check our CNN's Great Big Story about GeoOrbital which, since being published yesterday, is all-ready going viral!
I hope that you have a chance to check our CNN's Great Big Story about GeoOrbital which, since being published yesterday, is all-ready going viral!
Thank you everyone!
-Team GeoOrbital
Hello Awesome Investors & Followers
We wanted to share some highlights form the last few months:
Please check out our new StartEngine campaign page for in-depth information on our traction and roadmap.
We decided to launch a second StartEngine funding round (our first stock offering open to the public) to continue to build our community of investors and to further refine our product, manufacturing, operations, supply chain, and sales strategy. With our wheel now entering its third generation we have been able to identify many areas for innovation on product development and go-to-market approach. In a very short amount of time our brand has become globally recognized and we are moving full-throttle ahead with growth!
Here are just some of exciting things in the works for the upcoming year:
We hope that you have a chance to check out our new StartEngine offering page and consider investing again or for the first time.
Together we are well on our way to re-defining transportation!
Thank you everyone!
-Team GeoOrbital
Hello Everyone,
This is just a quick update on the issuance of bonus notes from this closed campaign.
For those investors that that qualify for bonus notes StartEngine has your information and is working on getting the proper documentation ready with their transfer agent. If you have any questions please reach out to StartEngine directly at contact@startengine.com.
Thank you,
Team GeoOrbital
Hello Awesome Investors!
A number of investors have reached out and mentioned that they were not receiving the newsletters that we've have been sending out over the last few months since our campaign closed. If you have not done so already please signup on our website to receive regular updates about our progress and any special announcements. Also, please follow us on social media where we regularly share and interact with our community:
Because communication between us and our investors is very important to us we will be posting investor updates on this closed campaign page as well as emailing them to our newsletter subscribers.
Thank you everyone for investing and our apologies for not posting our newsletter and updates on this page earlier.
-Team GeoOrbital
Hello Everyone!
Due to unprecedented demand GeoOrbital’s offering recently exceeded the $1,070,000 limit for a RegCF raise. Due to regulations we are not able to disburse more than $1.07M from this round. However, please continue to invest and spread the word as some investments will not clear and room in this round might become available.
Everyone investing at this point will be put on a “waitlist” and in the case that some of our other investments don’t clear your investment will be given priority over those that come in later.
Thank you everyone for your support! We are absolutely amazed and humbled by the community that has come together to support us and the future of transportation.
-Team GeoOrbital
Hello Everyone!
GeoOrbital was just named a 2018 GOLD EDISON AWARD WINNER!
A Gold Edison Award is one of the highest accolades a company can receive in the name of innovation and business. The Edison Awards, during their ceremony celebrating 31 years of honoring the best in innovation and excellence, announced that GeoOrbital was voted a Gold Winner for innovation at the April 11th event in New York City.
The ballot of hundreds of nominees for the Edison Awards was judged by a panel of more than 3,000 leading business executives including past award winners, academics and leaders in the fields of product development, design, engineering, science and medicine.
“Our judges recognized GeoOrbital as a true innovator out of the many products in its category,” said Frank Bonafilia, executive director of the Edison Awards.
GeoOrbital is also one of the youngest companies in the history of the awards to win the Gold!
Other nominees included household names including Lockheed Martin, The Dow Chemical Company, Lenovo, Procter & Gamble, NVIDIA, Mazda, GoPro, Adobe, GE, and many, many others.
We are honored and humbled to be recognized for the impact and revolution that the GeoOrbital wheel represents!
Thank you everyone for supporting us here on StartEngine and beyond!
-Team GeoOrbital
If you have been thinking about investing, please keep in mind that we are almost out of space in this round and will not be accepting investments after we reach the $1,070,000 maximum in this round.
Below is our CEO Michael Burtov receiving the award on April 11.
Hello Investors!
GeoOrbital has just cleared the $1,000,000 invested mark! There have only been a handful of companies that have every made it this far and we are absolutely honored and humbled to be here.
This round will be out of space in the next few days and we will be closing this offering soon.
Please join us now if you have been considering investing.
Thank you!
-Team GeoOrbital
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, GeoOrbital has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GeoOrbital be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Hello current and future investors!
March marks a big month for us and we’re celebrating!
It’s a month of 2s...
We launched 2 years ago.
We raised over $2M through crowdfunding (Product and Equity).
We are giving everyone $200 off any wheel on our website.
We will be running this promotion for a short time as our way of giving back to our community that has supported us here on StartEngine and around the world.
Use coupon code: WHEELYFUN18 on geoo.com to save big!
Thank you everyone!
-Team GeoOrbital
Hello! Recently, a change was made to the GeoOrbital offering. Here's an excerpt describing the specifics of that change:
GeoOrbital has extended their offering for 45 days and updated their team.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, GeoOrbital has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GeoOrbital be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
" It feels great, way less exertion, you don't have to pedal as much and I'm very impressed with how fast the wheel gets you going... I think it's great for our type of work."
- Officer Kristopher Threlkeld | Mashpee, MA Police Department 2016 Officer of the Year reviewing the GeoOrbital wheel on his patrol bike
Hello current and future investors!
As many of you know we focus not only on growing our consumer business but on exploring new applications and markets for our technology.
If you saw us on SHARK TANK, we told the sharks that we had the right product and approach for Public Safety and Law Enforcement applications. On the show Mark Cuban told us that everyone wants to sell to law enforcement but that it was next to impossible to even land a pilot.
Well, not only did we land pilots, but our pilots have been amazingly successful and police departments in Massachusetts and New Hampshire are now using the GeoOrbital wheel on active patrols.
In fact, Public Safety is the first non-direct to consumer vertical that we launched. To see the unique features of our Public Safety fleet wheel, the absolutely amazing team behind it, as well as some news coverage of our pilots visit: www.geoo.com/safety
We will be launching additional verticals soon as well soon, so stay tuned!
Thank you for supporting us!
Team GeoOrbital
Hello! Recently, a change was made to the GeoOrbital offering. Here's an excerpt describing the specifics of that change:
GeoOrbital has extended their campaign until March 2, 2018.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
Hello Future and Current Investors!
GeoOrbital has been honored by the New England Auto Show to anchor the E-Mobility Pavilion! We will have a few thousand square feet on the show floor to showcase the GeoOrbital wheel and our vision for the future of transportation. If you're in the area, come meet the team, check out our vehicle fleet, and get a sneak peek at some of our never-before-seen prototype and concept vehicles - we'll also be raffling off a wheel while we're there!
Come say hello and get a throttle extender (Thumby-thumb-thumb) free if you already own a wheel!
Use the coupon code "GLOBE" for $2 off admission - PURCHASE YOUR TICKET!
The Autoshow hours are:
Thursday, January 11, 4:00 pm – 10:00 pm
Friday, January 12, 12:00 pm – 10:00 pm
Saturday, January 13, 10:00 am – 9:00 pm
Sunday, January 14, 10:00 am – 7:00 pm
Monday, January 15, 10:00 am- 6:00 pm
Looking forward to seeing you there!
In other news, we were featured in a product test at Electric Bike Action Magazine, which highlighted one of the best parts of the GeoOrbital wheel as a platform: "It was funny to ride one of our well-worn pedal bikes that we’ve ridden many times before, but now with power."
Check out the full article HERE.
And Business Insider compiled a list of the coolest options for bike upgrades - we're in the top five and the first one on the list that you can actually use on the road. Check out the list HERE, there's a little something for everybody!
Happy New Year Everyone!
-Team GeOrbital
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, GeoOrbital has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GeoOrbital be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Hello! Recently, a change was made to the GeoOrbital offering. Here's an excerpt describing the specifics of that change:
Geo Orbital is extending the end date and adding a new executive officer in the team section.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
“It's like MAGIC!” -Barbara Corcoran, on ABC's Shark Tank
"That is VERY COOL!" - Kevin O'Leary, on ABC's Shark Tank
Hello awesome investors and soon-to-be investors!
Did you see GeoOrbital take a bite out of Shark Tank?
Not only has our Shark Tank episode been seen by millions, bringing tons of attention, but we even sold 2 wheels to the Sharks on air! It was an amazing experience - check out the short video is HERE.
We are getting close to raising the maximum allowable amount and will be ending this round soon so if you've been considering investing in the company, now is the perfect time.
Thank you!
-Team GeoOrbital
Hello!
As you might know, GeoOrbital has far exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it begins withdrawing funds. If you invested in GeoOrbital be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thank you for funding the future of transportation!
-Team GeoOrbital
Hello! Recently, a change was made to the GeoOrbital offering. Here's an excerpt describing the specifics of that change:
GeoOrbital is extending the end date of their campaign to December 4, 2017.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
“One of the coolest products that we've seen in a very long time... it’s one of those things that you just wish that you had .. I WANT this, I WANT this SO BAD!” the GizWiz Podcast
Hello awesome investors!
Over the last couple of months, the GeoOrbital team has been traveling the country and showcasing the wheel. There are many noteworthy things to show off but one of the coolest is that Dick DeBartolo (Correspondent for ABC News, top writer for Mad Magazine and the creator of the Awesome GizWiz podcast) just did great segment on the GeoOrbital wheel - the full video is here (the part about GeoOrbital starts at 13:10).
Check out Dick’s shorter segment about GeoOrbital on ABC NEWS here.
If you you have not invested in GeoOrbital, please consider investing now, if you are already and investor, THANK YOU, your investment is helping us redefine transportation!
-Team GeoOrbital
Hello awesome current and potential investors!
We have recently exceeded $700,000 raised in our campaign and we could not have done it without you - thank you all so much!
We are also taking the show on the road and we hope that you can join us for the Electric Bike Expo on Miami Beach - October 13-15, 2017. Learn more and sign-up for a free ticket here. Our Founder & CEO Mike will be there with a whole batch of GeoOrbital wheels attached to different bikes – including the miniPenny and a super fun drift trike! There will be a lot of eBike manufacturers there as well, so you can really dig and see what makes the GeoOrbital wheel miles ahead of our competitors - pun intended :). We hope that you stop-by and take a ride. Please bring any investment or product questions that you have and don’t forget your smile!
Riding electric bikes is a ton of fun, come see!
Hello! Recently, a change was made to the GeoOrbital offering. Here's an excerpt describing the specifics of that change:
GeoOrbital has extended the end date of their offering 30 days.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
“It’s really fun. You’ve got to smile while you are using it. It’s really neat. It definitely takes a lot of the wear off your body, getting somewhere, because it does all the work for you.” Officer Lindsay Batstone Laconia, NH Police Department on using the GeoOrbital wheel while on patrol.
Hello awesome investors and potential investors!
Our Online Public Offering (OPO) has raised close to $600,000 and it’s all because of you.
Thank you!
Over the last few months we have been running pilot programs with Police Departments across the US to retrofit existing patrol bicycles with GeoOrbital wheels. The pilots are going GREAT and we wanted to share some of the feedback that we’ve been getting. It is estimated that over 12,000 U.S. police departments have bike patrols and the GeoOrbital wheel provides a method to easily, efficiently and affordably add electric power to an already existing fleet of bicycles. It’s a great market for our technology and an amazing opportunity to help promote community policing and closer ties to the community.
One of our pilot programs is in Laconia, NH (home of Laconia Motorcycle week).
“People feel the bicycle officers are a little more approachable and that they can talk to them easier…From the enforcement standpoint, especially if they are out at night, they can see and hear things better than you can in a car and the bicycle is quiet.” Chief Matt Canfield Laconia, NH Police Department.
Read more about this police pilot here.
We will be releasing more updates on our ongoing police pilots over the next few weeks and with the clock running out to invest in this round, we invite everyone to invest in GeoOrbital.
Together we can redefine transportation!
Thank you!
Team GeoOrbital
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, GeoOrbital has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GeoOrbital be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, GeoOrbital has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in GeoOrbital be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Recently, a change was made to the GeoOrbital offering on StartEngine. Here's an excerpt describing that change:
Extending the end date of their offering until September 18
When live offerings undergo changes like these on StartEngine, the SEC requires that all investors reconfirm their investments.
Be sure to visit the live GeoOrbital campaign to see these changes, as well as company updates and comments from other investors. If you have any questions, comment below.
Hello awesome investors and potential investors!
Our Online Public Offering (OPO) has so far raised more than $480,000 and it’s all because of you.
Thank you!
We have an important announcement: We are extending our offering deadline to September 18, 2017. We decided to make this extension because of the amazing amount of positive feedback that we continue to receive and due to StartEngine’s recently added ability to accept credit card investments which can engage and grow our community like never before.
What this means for our current investors:
Because we are adjusting our deadline, investors whose funds have not yet been cleared must reconfirm their investment before Monday August 7th, 2017. If investors do not reconfirm before the deadline, their investment will be canceled and the withdrawn funds will be refunded.
How to reconfirm your investment:
Each investor who needs to reconfirm their investment will receive an email shortly from StartEngine with a secure link allowing them to reconfirm. You simply need to enter your name, the company, and click the “Sign” button at the very bottom of the webpage.
If you do not receive an email, your investment is all set and you do not need to reconfirm.
If you have any questions about the process or any trouble reconfirming your investment, please reach out to contact@startengine.com or call 800-317-2200 between the hours of 9:00am - 5:00pm Monday through Friday PST.
Thank you for your support in building a great company together!
-Team GeoOrbital
Thanks to everyone here we have raised over $400k in a super short period of time!
It’s an amazing feeling when a community of people who share a vision gather together to move a company forward. We are honored and humbled to be a small player in such a large movement to build companies that are transparent, profitable and focused on doing something good for the world. StartEngine shares our vision for the future with an amazing focus on providing cutting-edge tools to both the investor and the company. As part of this focus, StartEngine recently implemented a method to accept investment via credit and debit cards and GeoOrbital is one of the first to sign-on and extend this opportunity to our community.
With the clock running out to invest in this round, we invite everyone to invest in GeoOrbital. Together we can redefine transportation!
Thank you!
-Team GeoOrbital
Hello awesome investors and potential investors!
The GeoOrbital recently surpassed $300k and we wanted to send a huge THANK YOU to everyone for your support! With the summer well underway people are out and biking like crazy and more and more people are riding GeoOrbital wheels around the world. With everyone here our community is growing fast with people who love the wheel and share our vision of the future. Recently NBC Boston took the wheel out for a spin and had a blast. Click here to see the TV segment.
Additionally, per our offering terms, we will be conducting the 2nd closing in as little as five days. Once closed, we will deploy funds and invest in our growth. You will soon receive an official announcement from StartEngine about the closing.
Thank you everyone for your support!
-Team GeoOrbital
GeoOrbital has exceeded their minimum funding goal and are continuing to accept investments through 7/31/2017.
Per their offering terms, and because their equity crowdfunding campaign has now exceeded the minimum funding goal by over 211%, they have decided to conduct a closing on 6/26/2017. If your funds have cleared you will have up until 48 hours prior to this closing to cancel your investment. If your funds have not yet cleared by this date, then you will be part of the next closing if and when your funds do clear.
Hello awesome investors and potential investors!
We’re doing great - thank you to all who have made us reach the $150k milestone in such a short time! We are well on our way to forging a path to being a new breed of company. Launched by crowdfunding on Kickstarter - and grown by crowdfunding on StartEngine! These are exciting times and together with you we are building a great company that is rooted in community, transparent, and future-driven.
Recently GeoOrbital was featured by Inc. in their “Icons of Entrepreneurship” column for our groundbreaking “crowd-first” approach to growing the company.
Thank you for your support in building a great company together!
-Team GeoOrbital.
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