With its elevator pitch of “Disrupting Big Oil: Crowdfunders get monthly guaranteed returns with equity upside,” Ascenergy has tapped into the crowd for its Crowdfunder campaign. Seeking to raise $6M by 30 June 2015, the company has already raised over $5,670,000, or 95% of its goal. Investments $25,000 and over are direct investments into Ascenergy. Investments under $25,000 will be aggregated into a Crowdfunder Investment Vehicle. Ascenergy qualifies for EB-5 Immigrant investors and 1031 exchange funding.
Public highlights in the closed campaign include the startup’s partnership with Zacks Investment Banking, over $40MM proven reserves in the first field, over 150 years of combined energy industry experience in the Ascenergy team and a number one ranking on CNBC Crowdfinance 50 Index.
Helmed by CEO Joey Gabaldon, the Ascenergy team includes Wally King, Craig Grimes, Dean Philpot, Mark Machosky, Dewayne Lener, Melinda Winney, Sara Woo, Sumeet Malik and Richel Abel. Top investors include Brian Novinska, Joe Borchers, Ellen Patterson and Thomas Ng. For more campaign details, videos and financial information, registered Crowdfunders may visit here.
In the video below Wally King, the Director of Sales and Marketing shares details regarding Ascenergy Royalties.
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