According to Alkane's CEO Bob Smith, "We are convinced that we have a line of vehicles that will fill existing market voids. In today's business world, a crowdfunding effort is the best way to get both small and large investors involved."
Myrtle Beach, SC (PRWEB) May 11, 2016
Alkane Truck Company, Inc., - creators of the "Humvee," (Hummer type) alternative fuel truck, titled The Alkane Dominator™, is launching a "Testing the Waters" (TTW) campaign on the StartEngine.com crowdfunding platform. Alkane is seeking indications of interest for $27.5 million under recently-revised Regulation A (Regulation A+), which permits companies to raise up to $50 million from accredited and non-accredited investors alike without registration with the SEC.
Launched in South Carolina, Alkane Truck Company, Inc. has successfully processed thru R&D and achieved EPA, CARB Certification and DOT compliance for its class 7, 26,000 to 33,000 GVW cab-over truck, which runs on liquid propane autogas. It has already established a large network of well-established dealer locations throughout the United States, from which it has started receiving orders.
Alkane Truck Company, Inc. is the first U.S. truck manufacturer in 48 years to establish a new brand of trucks in America. Alkane brings three vehicles to the American market: a class 7 delivery truck, a class 8, 18-wheeler, and the Alkane Dominator™. Funding for Alkane Truck Company, Inc. will help the truck manufacturer gain momentum in its R&D, production and inventory, allowing quicker deliveries to its existing customers.
Alkane Truck Company, Inc. is pursuing the commercial trucking market with trucks that promise impressive savings on fuel and maintenance costs for the vast trucking industry. Expected to start delivering vehicles by the third quarter in 2016, the class 7 truck is said to be the first cab-over, alternative fuel truck in its weight class. It is powered by the PSI 8.8L, High-Performance V8 Engine. The cab-over design offers ease of maintenance, and greater turn radius plus maneuverability in congested areas. The class 7 truck is available for purchase now at a suggested retail price of $89,900. Applications will be in the delivery market, such as beverage, propane, box or flatbed.
Alkane Truck Company, Inc. has recently unveiled its humvee type truck called The Alkane Dominator™. This vehicle is a rugged and versatile on or off-road workhorse that functions well in any terrain. The Dominator™ will be available in a high-performance V8 engine, powered by either propane autogas or gasoline. While you cannot purchase a Dominator™ now, you may add your name to the reservation list for as little as $1,000. For a limited time, Alkane is offering a 50% Bonus Offer on reservation amounts, not to exceed $2,500 on a $5,000 reservation. The Dominator™ is expected to retail for $89,900.
Alkane Truck Company, Inc. has set a goal of $27.5 million from the crowdfunding effort on StartEngine.com. Under Regulation A+, anyone, regardless of income or wealth, may purchase shares in the company. The "Testing the Waters" phase permits investors to indicate their non-binding indication of interest in purchasing shares.
If the "Testing the Waters" campaign is successful, the company anticipates that it will submit a filing to the SEC to permit it to sell its securities.
No money or other consideration is being solicited, and if sent in response, will not be accepted.
No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the company with the sec has been qualfied by the sec. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification.
An indication of interest involves no obligation or commitment of any kind.
This communication contains forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. These forward-looking statements are based on the beliefs of, assumptions made by, and information currently available to the company’s management. When used in the offering materials, the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect” and similar expressions are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management’s current views with respect to future events and are subject to risks and uncertainties that could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.