Business Description

Overview: 

WiGL eNERGY Inc (“eNERGY Inc”) is revolutionizing how we Create and Store renewable electrical power with groundbreaking technologies designed to meet both every day and disaster response needs. Building on innovations developed for the Department of Defense (DoD), eNERGY offers a range of products that generate and store electrical power using a simple yet effective solutions like:

1. Salt and water.
2. Solar
3. Motion

These innovative devices are engineered for rapid deployment and reliable performance, making them indispensable in a variety of scenarios—from outdoor adventures and off-grid living to emergency situations and power outages.

How eNERGY Creates & Stores Power:

eNERGY transforms the way power is created by utilizing its patented  technologies to generate and store electrical energy efficiently. By harnessing the simplicity of salt + water chemical reactions, solar power and/or motion as energy, eNERGY devices provide a reliable source of power without the need for traditional electrical infrastructure (read as when the Power Grid is down). These cutting-edge approaches allow eNERGY products, such as portable water bottles and robust power generation, to deliver power on-demand in a variety of settings—from remote camping trips to real-world emergency situations.  

Problem

Limited Battery Technologies can’t keep up with loT

The planet’s weather is changing. Internet of Things (IoT) devices now operate 24/7, mainly operated by batteries. And when those batteries die, life is interrupted. And in worst chase scenerios…people die!

The latest innovations in battery technology has limited autonomy, long charge-times, high costs, harsh environmental impact and risks of accidents. All of these issues can restrain electrical power and potential to fully implement IoT into our lives.  So here’s the main question: What do you use for electrical power when the grid goes down; due to storms, conflict, cyberattack or other reasons?

Solution

Revolutionizing how we power our future

eNERGY addresses the critical challenge of limited battery technologies that struggle to keep pace with the growing demands of IoT devices. eNERGY’s innovative approaches overcome these limitations by leveraging renewable eNERGY solutions from, high-performance energy sources. The technology enables devices to recharge efficiently without relying on conventional power grids or frequent battery replacements. By integrating these solutions into portable and stationary formats, such as the 6V eNERGY Water Bottle and 12V Modulare case, the company ensures that users have access to a dependable power source whenever and wherever it is needed.

Products:

The Water Bottle: The eNERGY Water Bottle is a cutting-edge solution for powering your devices in any situation where traditional electricity is unavailable. Designed with practicality and efficiency in mind, this innovative product functions as both a water bottle and a reliable power source. Utilizing eNERGY’s advanced saltwater + solar technologies, three versions of the bottle can recharge a cellphone up to 50 times before the salt water needs replenishing. More impressive, the Water Bottles store the energy in 5000-10,000 milliamp hour (mAh) powerbanks. This dual-purpose design makes it an ideal companion for hiking, camping, and off-grid living, providing clean, portable energy when you need it most.

The SWPG Case:

On the other hand, the SWPG case represents a more modular and higher power solutions for larger energy needs. Modeled after a successful military-grade generator, the SWPG case has been adapted for broader use while retaining its robust capabilities. This device is engineered to deliver substantial 12-24V of power over 5-days using minimal resources, making it invaluable during extended power outages or in emergency situations. Rigorously tested in some of the harshest environments by DoD, the SWPG case ensures dependable performance and durability, making it a critical tool for both disaster preparedness and everyday backup power needs. The SWPG recharges solar batteries without the need for solar panels; demonatrated up to 10 kilowatt hours. Able to recharge considerably more…just add another case for more output.

Motion as eNERGY:

We all move. eNERGY is working to make energy that is crated when we move a power source to recharge IoT devices. In 2023, the company was selected by the US Air Force to capture vibariobational energy on aircrafts to power and recharge sensors. Look for eNERGY products such as clothing…coming soon!

Business Model

B2C & B2B Licensing model

We plan to generate revenue through the several pillars:

1. 1. Direct equipment sales range from $10 to $2,500. eNERGY also plans to sell other products like smart clothing, eNERGY Swag, eNERGY drinks and other promotional novelties.
2. 2. Patent licensing integrates eNERGY into chargeable products with non-exclusive models. Like our hardware approach, the goal is to offer eNERGY’s intellectual property (IP) at a very low introductory price to aid in our long-term strategy of name dominance for renewable off-grid power.

Market Projection

Marie – team to provide information from Joorney on the market projections. 

Tying this product with solar and lithium batteries, this product with supporting Natural disasters has a growth opportunity of 15% over the next few years. If it adds new battery technology capabilities (that are in development) it’s growth rate increases by a 20% market share opportunity.

Market Share for the Water bottle:

First Responders to any fire, hurricane, earthquake or etc could use the water bottle – the expected growth for the release of this product is 9.5%

Competition

Current and future competitive advantages

eNERGY’s primary advantages are its patented solutions that allows the user to recharge, while you move. Marie/Anthony – add info from Joorney and find gas powered generator competitors.

Lastly, and most important to gain market dominance…eNERGY has a cool name with sound DoD customers. By 2030, we hope the world will have a single name for forms of renewable eNERGY. eNERGY is on a laser-focused on our military-like mission to be that name!

Traction & Customers

eNERGY is Making Significant Strides in Product Development

eNERGY has made significant strides in advancing the technologies and gain traction in the market. The company has successfully completed the initial prototyping phases for both the eNERGY Water Bottle and SWPG case, with promising results. The water bottle prototype has been tested extensively, demonstrating its ability to provide reliable, clean energy capable of recharging a cellphone up to three times on a single solution. The successful prototype has transitioned into “minimally viable product” (MVP). The eNERGY MVP highlights the device’s effectiveness in offering a portable power solution for various scenarios where traditional electricity is unavailable.

Similarly, the SWPG case has also completed its initial prototype phase, showing robust performance and reliability. Modeled after a smaller, military-tested version, this larger SWPG case has been designed to deliver substantial power for several days with minimal resources. Rigorous testing in challenging environments has confirmed its durability and efficiency, underscoring its potential as a stationary power source for both emergency and everyday use. These advancements not only validate eNERGY’s innovative approach but also position them strongly as they move forward in their crowdfunding campaign, with a clear path toward scaling production and bringing these groundbreaking products to market.

Summary: 

WiGL Inc., the main shareholder of eNERGY inc., is rethinking how electrical power is created. Using emerging technologies, eNERGY Inc. is creating a family of products from hand-held SWPG’s used to recharge cellphones…to…modular suitcase sized SWPG’s that enhance or replace solar panels… eNERGY Inc is changing the future.

Investors

eNERGY Inc’s parent company, WiGL Inc. has raised significant funding in the past. 

WiGL Inc’s Initial Capitalization and 2020 Regulation CF Offering

WiGL Inc was initially a division of Glover 38th St Holdings, LLC (“G38”). From the Company’ founding thru 2021, G38 advanced funds, paid 100% of expenses and/or provided loans to the Company in 2020 and Q1 of 2021.

During the year ending December 31, 2020, the G38 funded and initiated a Regulation CF offering. The purpose of this offering was to separate the Company from G38. Over the course of two Regulation CF capital raises, the Regulation CF offerings sold 9,232,512 shares of common stock at $0.59 per share for gross proceeds of $4,837,428. There were $773,721 in net fees related to the fundraise as well as 169,483 of shares issued to StartEngine for services performed valued at $99,995. Of the gross proceeds, $207,079 was placed in escrow and was distributed to the Company on February 18, 2022. During the year ending December 31, 2022, the Company continued with the Regulation CF raise and sold an additional 1,274 shares of common stock for gross proceeds of $675.

WiGL Inc’s Regulation A Offering

During the year ending December 31, 2022, the Company opened up a Regulation A raise and sold an additional 1,283,378 shares of common stock for gross proceeds of $1,894,930. This included 1,199,323 shares that were issued at $1.58per share. There were an additional 84,055 Bonus Shares that were issued to certain investors as a part of that raise. There were $343,791 in net fees related to the fundraise. Of the gross proceeds, there was $106,147 placed in escrow to be distributed to the Company at the conclusion of the raise.

During the year ending December 31, 2023 the Company continued with the Regulation A raise and sold a total of 2,457,226 shares of common stock for gross proceeds of $3,623,814. There were an additional 70,402 shares, valued at $111,235, that were issued to the broker as a part of their fee for the raise. There were $665,882 in net fees related to the fundraise. Of the gross proceeds, there was an additional $203,427 placed in escrow to be distributed to the Company at the conclusion of the raise. The total escrow balance as of December 31, 2023 was $309,577.

In January of 2024, on the StartEngine portal, the Company issued an additional 277,147 shares, and 63,041 Bonus Shares via the continued Reg A raise, for gross proceeds of $423,618.

Terms

Up to $1,000,000 in Common Stock at $0.15 per share with a minimum target amount of $9,999.90.

Offering Minimum: $9,999.90 | 66,666 shares of Common Stock
Offering Maximum: $999,999.90 | 6,666,666 shares of Common Stock
Type of Security Offered: Common Stock
Purchase Price of Security Offered: $0.15 per Share
Minimum Investment Amount (per investor): $249.90

The Minimum Individual Purchase Amount accepted under this Regulation CF Offering is $249.90. The Company must reach its Target Offering Amount of $9,999.90 by January 31, 2025 (the “Offering Deadline”). Unless the Company raises at least the Target Offering Amount of $9,999.90 under the Regulation CF offering by the Offering Deadline, no securities will be sold in this Offering, investment commitments will be cancelled, and committed funds will be returned.

Risks

Please be sure to read and review the Offering Statement. 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 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. 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.

Neither PicMii Crowdfunding nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.

The information contained herein includes forward-looking statements. These statements relate to future events or future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.