- In recent interview, Stone Douglass, CEO and Chairman of GeoSolar Technologies, discusses how his prior work drove him to lead company that seeks to revolutionize how homes are electrified
- GeoSolar’s game-changing technology can provide cheaper, quieter, and more comfortable homes with better air quality
- As seasoned professional, Douglass appears confident that GeoSolar represents interesting investment opportunity amid major shift from fossil fuel-driven to clean, all-electric future — the transition he calls most important in human history
As energy transition gains momentum and a switch from carbon-based to clean electric living takes place, an attractive investment opportunity emerges for any company that tackles the climate crisis – believes Stone Douglass, CEO and Chairman of Colorado-based GeoSolar Technologies (“GST”) (https://ibn.fm/JXP2s).
And Douglass should know a thing or two about spotting business opportunities as they emerge. At first sight, his career path may not seem typical for a person in charge of a company seeking to revolutionize how we heat, cool, cook, and power homes with 100% sustainable energy sources. Seemingly unrelated, his beginnings were on Wall Street, where he worked towards an investment banking career. But this experience gave him a unique opportunity to work with a broad range of small companies and broaden his expertise across different verticals.
As he worked with a myriad of small companies – for which he claims there were virtually no two from the same business – he soon developed what appears to be a sophisticated commercial sense that can differentiate between compelling business opportunities and ones that are not. He found success in assisting companies to turn things around and become valuable for their shareholders, which helped him realize that there was a recurring theme at play when it comes to struggling businesses. “They didn’t have a clear definition of what their market is and how to sell the product profitably to that market. They were tackling it based on their expertise of the product without analyzing the receptiveness of the market,” he explained.
This valuable experience allowed him to sharpen his cross-sectoral understanding of what works in business, so when he was introduced to GeoSolar Technologies, he was quick to recognize the Company’s growth potential. However, to continue the revolution that Douglass believed could change the world as we know it, the Company needed his financial expertise to capitalize on this growing market opportunity – and that’s when he joined as CEO and Chairman of the board.
The electric home is far superior to fossil fuel-powered homes – it’s cheaper, quieter, and more comfortable, with better air quality. It’s a win for everyone — except the utilities and oil companies, Douglass is confident. And not less important, electric homes tend to be more valuable on resale.
Against this backdrop, it is no surprise that the number of consumers seeking to switch to greener alternatives has exploded. A recent survey conducted by the renowned Pew Research Center reports that a whopping 69% of U.S. respondents prioritize developing alternative energy sources, including wind and solar, over expanding the production of oil, coal, and natural gas (https://ibn.fm/8QPHT).
With only about 1% of the new homes in the U.S. built as zero-carbon or electric, there appears to be a vast, untapped market opportunity as consumers begin to demand clean energy sources and home builders start catching up to be able to respond to this swelling demand. SmartGreen home offers homeowners healthier carbon-free living, zero or no utility bills, and a healthier living environment that includes the 24/7 circulation of fresh air continuously filtered and adjusted for CO2/oxygen ratios. “We believe GST represents an extremely interesting investment opportunity for someone that is looking to help with the climate crisis and be involved in a company that can be extremely rewarding for its shareholders. The first thing anyone that is looking at GeoSolar Technologies as an investment should understand is that the world is in the very early stages of what many think is the most important transition in human history- the switch from a fossil fuel-driven economy to a clean all-electric future — often referred as The Electric Revolution”, concludes Douglass confidently.
For more information on GeoSolar’s Regulation A+ capital raise, please visit https://www.manhattanstreetcapital.com/geosolar-technologies-inc.
For more information, visit the company’s website at www.GeoSolarPlus.com.
NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST
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