SEC Info - Flower Turbines, Inc. - ‘1-A’ on 9/30/20

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Flower Turbines, Inc. – ‘1-A’ on 9/30/20

On: Wednesday, 9/30/20, at 12:49pm ET · Accession #: 1104659-20-110299 · File #: 24-11330

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/30/20  Flower Turbines, Inc.             1-A                   14:1.7M                                   Toppan Merrill/FA

Offering Statement — Form 1-A — Reg. A/A+
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 1-A         Offering Statement -- primary_doc.xml               HTML      5K 
 2: PART II AND III  Offering Statement - Parts II and III          HTML    267K 
 3: EX1A-1 UNDR AGMT  Exhibit 1                                     HTML    105K 
 4: EX1A-2A CHARTER  Exhibit 2.1                                    HTML     14K 
 5: EX1A-2B BYLAWS  Exhibit 2.2                                     HTML     74K 
 6: EX1A-4 SUBS AGMT  Exhibit 4                                     HTML     54K 
 7: EX1A-6 MAT CTRCT  Exhibit 6.1                                   HTML     63K 
 8: EX1A-6 MAT CTRCT  Exhibit 6.2                                   HTML     49K 
 9: EX1A-6 MAT CTRCT  Exhibit 6.3                                   HTML     29K 
10: EX1A-6 MAT CTRCT  Exhibit 6.4                                   HTML     17K 
11: EX1A-6 MAT CTRCT  Exhibit 6.5                                   HTML     47K 
12: EX1A-8 ESCW AGMT  Exhibit 8                                     HTML     18K 
13: EX1A-11 CONSENT  Exhibit 11                                     HTML      7K 
14: EX1A-12 OPN CNSL  Exhibit 12                                    HTML      8K

‘1-A’ — Offering Statement — primary_doc.xml

This ‘1-A’ Document is an XML Data File that may be rendered in various formats:

Form 1-A – Plain Text – SEC Website – EDGAR System – XML Data – <?xml?> File

XML Data rendering: Offering Statement

<?xml version="1.0" encoding="windows-1252"?>

<edgarSubmission xmlns="http://www.sec.gov/edgar/rega/oneafiler" xmlns:ns1="http://www.sec.gov/edgar/common">

<headerData>

<submissionType> 1-A </submissionType>

<filerInfo>

<liveTestFlag> LIVE </liveTestFlag>

<filer>

<issuerCredentials>

<cik> 0001739997 </cik>

<ccc> XXXXXXXX </ccc>

</issuerCredentials>

</filer>

</filerInfo>

</headerData>

<formData>

<employeesInfo>

<issuerName> Flower Turbines, Inc. </issuerName>

<jurisdictionOrganization> DE </jurisdictionOrganization>

<yearIncorporation> 2019 </yearIncorporation>

<cik> 0001739997 </cik>

<sicCode> 3511 </sicCode>

<irsNum> 46-3784856 </irsNum>

<fullTimeEmployees> 1 </fullTimeEmployees>

<partTimeEmployees> 1 </partTimeEmployees>

</employeesInfo>

<issuerInfo>

<street1> 418 Lakeside Avenue </street1>

<street2> Suite 8 </street2>

<city> Coeur d'Alene </city>

<stateOrCountry> ID </stateOrCountry>

<zipCode> 83814 </zipCode>

<phoneNumber> 631-552-0284 </phoneNumber>

<connectionName> Jeffrey S. Marks </connectionName>

<industryGroup> Other </industryGroup>

<cashEquivalents> 266596.00 </cashEquivalents>

<investmentSecurities> 0.00 </investmentSecurities>

<accountsReceivable> 0.00 </accountsReceivable>

<propertyPlantEquipment> 2154.00 </propertyPlantEquipment>

<totalAssets> 386381.00 </totalAssets>

<accountsPayable> 38117.00 </accountsPayable>

<longTermDebt> 56135.00 </longTermDebt>

<totalLiabilities> 94252.00 </totalLiabilities>

<totalStockholderEquity> 292129.00 </totalStockholderEquity>

<totalLiabilitiesAndEquity> 386381.00 </totalLiabilitiesAndEquity>

<totalRevenues> 0.00 </totalRevenues>

<costAndExpensesApplToRevenues> 545547.00 </costAndExpensesApplToRevenues>

<depreciationAndAmortization> 0.00 </depreciationAndAmortization>

<netIncome> -530157.00 </netIncome>

<earningsPerShareBasic> -0.63 </earningsPerShareBasic>

<earningsPerShareDiluted> -0.63 </earningsPerShareDiluted>

<nameAuditor> Fruci & Associates II, PLLC </nameAuditor>

</issuerInfo>

<commonEquity>

<commonEquityClassName> Common Stock </commonEquityClassName>

<outstandingCommonEquity> 878154 </outstandingCommonEquity>

<commonCusipEquity> 000000N/A </commonCusipEquity>

<publiclyTradedCommonEquity> N/A </publiclyTradedCommonEquity>

</commonEquity>

<preferredEquity>

<preferredEquityClassName> N/A </preferredEquityClassName>

<outstandingPreferredEquity> 0 </outstandingPreferredEquity>

<preferredCusipEquity> 000000N/A </preferredCusipEquity>

<publiclyTradedPreferredEquity> N/A </publiclyTradedPreferredEquity>

</preferredEquity>

<debtSecurities>

<debtSecuritiesClassName> N/A </debtSecuritiesClassName>

<outstandingDebtSecurities> 0 </outstandingDebtSecurities>

<cusipDebtSecurities> 000000N/A </cusipDebtSecurities>

<publiclyTradedDebtSecurities> N/A </publiclyTradedDebtSecurities>

</debtSecurities>

<issuerEligibility>

<certifyIfTrue> true </certifyIfTrue>

</issuerEligibility>

<applicationRule262>

<certifyIfNotDisqualified> true </certifyIfNotDisqualified>

</applicationRule262>

<summaryInfo>

<indicateTier1Tier2Offering> Tier2 </indicateTier1Tier2Offering>

<financialStatementAuditStatus> Audited </financialStatementAuditStatus>

<securitiesOfferedTypes> Equity (common or preferred stock) </securitiesOfferedTypes>

<offerDelayedContinuousFlag> Y </offerDelayedContinuousFlag>

<offeringYearFlag> Y </offeringYearFlag>

<offeringAfterQualifFlag> N </offeringAfterQualifFlag>

<offeringBestEffortsFlag> Y </offeringBestEffortsFlag>

<solicitationProposedOfferingFlag> N </solicitationProposedOfferingFlag>

<resaleSecuritiesAffiliatesFlag> N </resaleSecuritiesAffiliatesFlag>

<securitiesOffered> 200000 </securitiesOffered>

<outstandingSecurities> 878154 </outstandingSecurities>

<pricePerSecurity> 70.0000 </pricePerSecurity>

<issuerAggregateOffering> 14490000.00 </issuerAggregateOffering>

<securityHolderAggegate> 0.00 </securityHolderAggegate>

<qualificationOfferingAggregate> 0.00 </qualificationOfferingAggregate>

<concurrentOfferingAggregate> 0.00 </concurrentOfferingAggregate>

<totalAggregateOffering> 14490000.00 </totalAggregateOffering>

<salesCommissionsServiceProviderName> StartEngine Primary LLC </salesCommissionsServiceProviderName>

<salesCommissionsServiceProviderFees> 490000.00 </salesCommissionsServiceProviderFees>

<auditorServiceProviderName> Fruci & Associates II </auditorServiceProviderName>

<auditorFees> 17500.00 </auditorFees>

<legalServiceProviderName> Alliance Legal Partners, Inc. </legalServiceProviderName>

<legalFees> 55000.00 </legalFees>

<brokerDealerCrdNumber> 291773 </brokerDealerCrdNumber>

<estimatedNetAmount> 11936500.00 </estimatedNetAmount>

<clarificationResponses> Company assumes additional $1,491,500 in potential expenses to support this offering (including state fees, edgarization, escrow, FINRA fees, stock transfer agent and marketing expenses). </clarificationResponses>

</summaryInfo>

<juridictionSecuritiesOffered>

<jurisdictionsOfSecOfferedSame> true </jurisdictionsOfSecOfferedSame>

<issueJuridicationSecuritiesOffering> AL </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> AK </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> AZ </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> AR </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> CA </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> CO </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> CT </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> DE </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> FL </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> GA </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> HI </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> ID </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> IL </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> IN </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> IA </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> KS </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> KY </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> LA </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> ME </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> MD </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> MA </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> MI </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> MN </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> MS </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> MO </issueJuridicationSecuritiesOffering>

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<issueJuridicationSecuritiesOffering> NE </issueJuridicationSecuritiesOffering>

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<issueJuridicationSecuritiesOffering> NH </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> NJ </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> NM </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> NY </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> NC </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> ND </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> OH </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> OK </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> OR </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> PA </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> RI </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> SC </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> SD </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> TN </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> TX </issueJuridicationSecuritiesOffering>

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<issueJuridicationSecuritiesOffering> VT </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> VA </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> WA </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> WV </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> WI </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> WY </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> DC </issueJuridicationSecuritiesOffering>

<issueJuridicationSecuritiesOffering> PR </issueJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> AL </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> AK </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> AZ </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> AR </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> CA </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> CO </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> CT </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> DE </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> FL </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> GA </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> HI </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> ID </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> IL </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> IN </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> IA </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> KS </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> KY </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> LA </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> ME </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> MD </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> MA </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> MI </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> MN </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> MS </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> MO </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> MT </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> NE </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> NV </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> NH </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> NJ </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> NM </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> NY </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> NC </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> ND </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> OH </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> OK </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> OR </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> PA </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> RI </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> SC </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> SD </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> TN </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> TX </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> UT </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> VT </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> VA </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> WA </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> WV </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> WI </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> WY </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> DC </dealersJuridicationSecuritiesOffering>

<dealersJuridicationSecuritiesOffering> PR </dealersJuridicationSecuritiesOffering>

</juridictionSecuritiesOffered>

<securitiesIssued>

<securitiesIssuerName> Flower Turbines, Inc. </securitiesIssuerName>

<securitiesIssuerTitle> Common Stock </securitiesIssuerTitle>

<securitiesIssuedTotalAmount> 106493 </securitiesIssuedTotalAmount>

<securitiesPrincipalHolderAmount> 0 </securitiesPrincipalHolderAmount>

<securitiesIssuedAggregateAmount> 1,062,150 (106,215 shares at $10.00 per share + 278 bonus shares) </securitiesIssuedAggregateAmount>

</securitiesIssued>

<securitiesIssued>

<securitiesIssuerName> Flower Turbines, Inc. </securitiesIssuerName>

<securitiesIssuerTitle> Common Stock </securitiesIssuerTitle>

<securitiesIssuedTotalAmount> 20618 </securitiesIssuedTotalAmount>

<securitiesPrincipalHolderAmount> 0 </securitiesPrincipalHolderAmount>

<securitiesIssuedAggregateAmount> $618,540 (20,618 shares at $30.00 per share) </securitiesIssuedAggregateAmount>

</securitiesIssued>

<unregisteredSecuritiesAct>

<securitiesActExcemption> Regulation CF </securitiesActExcemption>

</unregisteredSecuritiesAct>

</formData>

</edgarSubmission>

9 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/29/22  Flower Turbines, Inc.             1-SA        6/30/22    2:257K                                   Toppan Merrill/FA
 7/28/22  Flower Turbines, Inc.             1-K        12/31/21    3:1.1M                                   Toppan Merrill/FA
 9/29/21  Flower Turbines, Inc.             1-SA        6/30/21    1:264K                                   Toppan Merrill/FA
 5/18/21  Flower Turbines, Inc.             1-K/A      12/31/20    4:808K                                   Toppan Merrill/FA
 5/10/21  Flower Turbines, Inc.             1-K        12/31/20    4:733K                                   Toppan Merrill/FA
 5/05/21  Flower Turbines, Inc.             1-SA       12/31/20    3:335K                                   Toppan Merrill/FA
12/15/20  Flower Turbines, Inc.             1-A/A                  4:1.4M                                   Toppan Merrill/FA
11/30/20  Flower Turbines, Inc.             1-A/A                  4:1.4M                                   Toppan Merrill/FA
11/10/20  Flower Turbines, Inc.             1-A/A                  4:1.4M                                   Toppan Merrill/FA

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