SureTrader SureTrader
Home > Boards > US OTC > Miscellaneous >

Fuse Science, Inc. (DROP)

DROP RSS Feed
Add DROP Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator
Search This Board:
Last Post: 5/25/2015 12:36:50 PM - Followers: 428 - Board type: Free - Posts Today: 0


Spiral Energy Technology, Inc.


DROP

 
Current Business
 
The Company is currently focused on two business initiatives: developing and commercializing the Company’s SkyPorts drone support technology, and developing and commercializing the Company’s XTRAX® remote monitoring system, each as described further below.
 
SkyPorts Drone Support Technology
 
The Company’s primary focus is developing technology and commercializing its proprietary SkyPorts drone support technology and Energy Demand Network, or “EDEN”. This technology enables the long distance flight required for drone-based commerce without the need for drones to return “home” every 15 minutes to recharge. The technology allows a drone operator to travel many miles outside of its “home range” allowing for a flight path of numerous miles limited only by our EDEN network of SkyPorts. This network is initially being developed for use in several states with proposed future plans for   nationwide deployment.

 
Conventional long distance flight planning requires combustion engines with fuel bladders or tanks that would allow drones to cover large distances. However, it is expected that government regulatory agencies will not be permitting their mass deployment due to the nature of their volatile design. The Company has designed and is currently developing the modular SkyPorts allowing for the recharging of electrical powered drones for long distant flight and commercial applications. Home deliveries and business-to-business applications will be able to thrive regionally with national capabilities, assuming we complete development of the SkyPorts and the Federal Aviation Agency (“FAA”) and other possible regulators approve commercial drone usage.
 
Because this technology is in the early stages of development, there can be no assurances the Company will successfully develop a working prototype or succeed in mass-producing the technology at a cost that is not prohibitively expensive, or that the technology, once-developed, will be successfully commercialized or gain widespread traction with consumers.
 
Products and Services
 
Upon the completion of development and commercialization efforts, the Company expects its primary business to consist of building out the network of SkyPorts, then executing the business model of annual memberships and monthly access fees for each drone enrolled. The SkyPorts will be installed on commercial rooftops or be land-based, where applicable, in order to allow commercial establishments to distribute their wares or delivery services to offer faster-than-overnight delivery.  The range of applications runs from agricultural inspections and monitoring to pharmacy and fast food deliveries.  The SkyPorts will be strategically installed and maintained by the Company in a given market, and drones desiring access to the network will enroll in the EDEN program with an annual enrollment charge and a monthly access fee.
 
After enrollment, clients will license our software and purchase adaptable hardware that will enable the drone to navigate anywhere the client needs to deliver the package. Advanced technology allows for this task to be accomplished to within a close proximity of the given target. However, to eliminate errant landings, a “mobile landing pad” will be distributed to all recipients who wish to make use of drone deliveries that require hyper-accurate landings and delivery locations. This will be accomplished through the use of low-level beacons embedded in a durable two-foot by two-foot landing mat that focus the done on a given spot. The mat size is designed to ensure that the client places it in a safe area; if the mat is able lay flat, it is in a good location. We expect this design will allow the drone to land both securely and in the exact spot desired.


 

Effective October 27, 2014, Brian Tuffin, Richard S. Hutchings, and Reginald Hollinger resigned as directors of Fuse Science, Inc. (the “Company”) and Ezra Green, the Company’s Chief Executive Officer, Chief Financial Officer, Secretary and Treasurer, and Gelvin Stevenson were  appointed as directors of the Company.  Mr. Green was also appointed as Chairman of the Company’s Board of Directors, effective October 27, 2014.

 

Ezra Green, 52. Mr. Green was appointed our Chief Executive Officer, Chief Financial Officer, Secretary, and Treasurer and has served in such role since the closing of the merger between the Company, the Company’s wholly-owned subsidiary and Spiral Energy Tech, Inc. on October 1, 2014. Mr. Green has served as the Chief Executive Officer, Chief Financial Officer, Treasurer and a director of Spiral Energy Tech, Inc. since April 25, 2013.  Mr. Green has served as the Chief Executive Officer, Chief Financial Officer and Treasurer and a director of Northern Wind Energy Corp. since October 15, 2013, the President, Chief Executive Officer and sole director of Carbon 612 Corporation since September 2008 and the Chief Executive Officer and Chairman of Clear Skies Solar, Inc. since December 20, 2007. Ezra Green has been involved with renewable energy companies for thirteen years and founded Clear Skies Group, Inc. (Clear Skies Solar, Inc.’s operating subsidiary) in 2003. Prior to launching Clear Skies Group, Inc., Mr. Green was a successful entrepreneur and founded TAL Design & Construction in 1990, a general contracting firm. Mr. Green has 25 years of experience in the construction business, including those in which he led TAL Design & Construction to top rankings for excellence and customer satisfaction as stated in The Franklin Report. TAL Design & Construction consulted on interior design and performed high-end commercial and residential construction in New York City and Long Island. Mr. Green began his career as a software engineer and programmer.  Mr. Green’s general business and management background qualify him to be a director of the Company .


Gelvin Stevenson

Gelvin Stevenson, 69. Dr. Stevenson was appointed as a director of Spiral Energy Tech, Inc. on October 3, 2013.  Dr. Stevenson is an economist and has served as an Associate Professor of Environmental Economics at Pratt Institute since 2006.  He has served as a director of Northern Wind Energy Corp. since October 15, 2013 and as a director of Clear Skies Solar, Inc. from 2007 through March 2012. Dr. Stevenson is the Managing Director of Greentech Investors Forum, which showcases emerging greentech companies at monthly forums, and consults for the clean energy industry. Dr. Stevenson has been an Investment Consultant to the Oneida Tribe of Indians of Wisconsin for over 15 years, and served as Director of Investment Responsibility for the NYC Comptroller's Office in 1992, when it managed over $40 billion in pension funds. Dr. Stevenson was Associate Economic and Corporate Finance Editor at Business Week magazine from 1977 to 1984, and his writings have appeared in the Business and the Real Estate Sections of the New York Times, New York Magazine and elsewhere. Dr. Stevenson formerly held a Series 7 securities license and is currently a Public Arbitrator for the Financial Industry Regulatory Authority (formerly NASD). Dr. Stevenson holds a Bachelor of Arts from Carleton College and both a Master of Arts and a Ph.D. from Washington University in St. Louis.   Dr. Stevenson’s qualifications to be a director of the Company include his general business experience and experience in the renewable energy industry.

_______________________________________________________________________________________________________________________________________________________________________

Filed for Patent protection in the U.S. and foreign countries for the proprietary Drone support technology

Nov 20, 2014 (ACCESSWIRE via COMTEX) -- LONG ISLAND, NY / ACCESSWIRE / November 20, 2014 / Spiral Energy Tech, Inc., ("SETI"), a Fuse Science (otc pink:DROP) (pinksheets:DROP) subsidiary, today announced that it has filed for Patent protection in the U.S. and foreign countries for the proprietary Drone support technology, Energy Demand Network or "EDEN". The proprietary technology enables the long distance flight required for drone based commerce without the need to return "home" every 15 minutes to recharge. The technology allows a drone operator to travel many miles outside of its "home range" allowing for a flight path of numerous miles limited only by our EDEN network of SkyPorts. This network is being developed for several states with planned nationwide deployment.

Conventional long distance flight planning requires combustion engines with fuel bladders or tanks that would allow it to cover large distances however it is expected that government regulatory agencies will not be permitting their mass deployment due to the nature of their design. SETI has designed and is currently developing the modular SkyPorts allowing for the "refueling" of electrical powered drones for long distant flight and commercial applications. Home deliveries and business-to-business applications will be able to thrive regionally with national capabilities.

 


 
SS - as of 01-28-2015
OS - 77,400,000
Float -
69,413,542
AS - 800 million
TA - Equity Stock Transfer 917-746-4597.
http://equitystock.com/


 



                               
 
                               
 
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
DROP
Current Price
Volume:
Bid Ask Day's Range
Wiki
DROP News: Quarterly Report (10-q) 05/20/2015 02:59:18 PM
DROP News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/15/2015 04:30:58 PM
DROP News: Proxy Statement (definitive) (def 14a) 03/24/2015 11:32:01 AM
DROP News: Proxy Statement - Notice of Shareholders Meeting (preliminary) (pre 14a) 03/09/2015 04:10:32 PM
DROP News: Gaapko IR Initiates Analyst Coverage on Helios and Matheson Analytics (NASDAQ: HMNY) with $8.25 Valuation Issued by Small Cap... 02/25/2015 07:00:00 AM
PostSubject
#87771   about that permanent Tuffin tattooed face palm print....he crossball 05/25/15 12:34:30 PM
#87770   "The price will need to drop to sell Long-vestor 05/24/15 02:48:15 PM
#87769   That fact changes nothing. The price will need BeDub 05/24/15 01:18:57 PM
#87768   Did ya miss the part inside of the Long-vestor 05/24/15 12:00:19 PM
#87767   To save time, Tuffin should have a permanent crossball 05/23/15 06:09:41 PM
#87766   To save time, Tuffin should have a permanent crossball 05/23/15 06:09:40 PM
#87765   I'm not sure how anyone could expect anything BeDub 05/23/15 01:09:32 PM
#87764   My thoughts too. Let's hope we GoodProblem 05/22/15 07:42:54 PM
#87763   IMO, the 5 share print at .0017 to md3423 05/22/15 05:24:38 PM
#87762   Absolutely. Maxed out OS and AS @ 80 md3423 05/22/15 05:20:38 PM
#87761   This could move very easily to over a GoodProblem 05/22/15 03:44:09 PM
#87760   Good day here in Drop guys! Let's keep 1990Flstf 05/22/15 02:52:11 PM
#87759   noticed there were no moderators here, so if crossball 05/22/15 09:14:28 AM
#87758   exactly, thank you. crossball 05/21/15 01:49:50 PM
#87757   3 shares traded today. Did you finally griff100 05/21/15 11:35:39 AM
#87756   cracked me up in the prior report when crossball 05/21/15 10:47:56 AM
#87755   worst stock on IHUB...simply because of the number crossball 05/21/15 10:46:34 AM
#87754   10q is out as of the 20th. 1990Flstf 05/21/15 05:34:14 AM
#87753   Lefty, It's out!! Got mine about 3pm eastern blue point 05/20/15 06:33:06 PM
#87752   I guess now we get the quarterly report... Leftcoaster 05/20/15 04:58:23 PM
#87751   What happens now? Shellxo 05/20/15 12:26:10 PM
#87750   ;) Jsmooth37 05/19/15 02:05:07 PM
#87749   will Tuffin's daily dips into the sewer pay off. crossball 05/19/15 11:02:58 AM
#87748   my bad. How is TW's bag now crossball 05/18/15 04:24:03 PM
#87747   I just realized I made a joke....Tuffin's head crossball 05/18/15 04:22:35 PM
#87746   If Tuffin could remove his head from Green's crossball 05/18/15 11:00:03 AM
#87745   Well hopefully we will see some movement this week GoodProblem 05/17/15 08:44:35 PM
#87744   Crossball, Late Filing News!!! blue point 05/15/15 07:02:06 PM
#87743   Does Tuffin eat alone?...I guess with scam money crossball 05/15/15 01:04:39 PM
#87742   Kriste, I had a dream last night that crossball 05/15/15 01:03:13 PM
#87741   I agree that is their only 2 choices. itlogic 05/14/15 06:47:29 PM
#87740   With deadline dates on those convertibles which have Long-vestor 05/14/15 12:32:24 PM
#87739   Very strange stock. According to this, http://www.otcmarkets.com/edgar/GetFiling md3423 05/14/15 11:58:16 AM
#87738   8K is already out. http://www.otcmarkets.com/stock/DROP/filings GoodProblem 05/14/15 09:47:10 AM
#87737   With no rs this might see a run Gator1981 05/14/15 08:15:29 AM
#87736   Sorry, I haven't been keeping up. Where does itlogic 05/14/15 08:11:05 AM
#87735   Rs cancelled? That's awsome news!!!! 1990Flstf 05/14/15 06:32:25 AM
#87734   John Snow said it isn't. jbforte 05/14/15 02:17:37 AM
#87733   It will be an 8K that is coming soon. Chag 05/13/15 11:11:16 PM
#87732   Winter is also coming. GoodProblem 05/13/15 11:08:53 PM
#87731   No volume. Requested reverse split not approved due BeDub 05/13/15 10:21:24 PM
#87730   I think a PR is coming. Chag 05/13/15 09:48:37 PM
#87729   Maybe, but the RS was not approved. Interested md3423 05/13/15 07:18:07 PM
#87728   Barry Honig invest along side Dr. Phillip Frost Shellxo 05/13/15 12:03:27 PM
#87727   Collective TW face palm (as seen on golf crossball 05/13/15 09:47:40 AM
#87726   Really? Share with us what happened last md3423 05/13/15 08:48:28 AM
#87725   Good news I might can sell and cover Chag 05/13/15 08:39:41 AM
#87724   No RS? Then its almost over. This company BeDub 05/12/15 11:02:13 PM
#87723   Might see a nice run now GoodProblem 05/12/15 09:09:50 PM
#87722   Open the link in your computer: blue point 05/12/15 04:58:49 PM
PostSubject