TWD Industries AG
Condential Information
Memorandum
Mars 2022
Important Notices
The securities offered hereby have not been registered under the Securities Act of 1933, as amended (the “Act”), or the securities or blue
sky laws of any state, and may not be transferred or resold without (i) registration under the Act and applicable state registrations or
qualifications, unless, in the opinion of counsel to TWD Industries AG (the “Company”), an exemption from registration under applicable
federal and state securities laws is then available, and (ii) compliance with the restrictions on transfer contained in the Company’s
Subscription Agreement. The securities to be issued as contemplated by this Confidential Information Memorandum will be offered and
sold pursuant to exemptions from registration under the Act and state securities laws and the rules and regulations promulgated pursuant
thereto. Securities acquired in this offering will constitute “restricted securities” as defined under Rule 144 promulgated under the Act.
Prospective investors should be aware that they might be required to bear the financial risks of their investment in the securities offered
hereby for an indefinite period of time.
This Confidential Information Memorandum is highly confidential and has been prepared by the Company solely for use in connection
with this offering. This Confidential Information Memorandum is personal to each prospective investor and does not constitute an offer
to any other person or to the public generally to subscribe for or otherwise acquire the securities offered hereby. Distribution of this
Confidential Information Memorandum to any person other than the prospective investor and those persons, if any, retained to advise
such prospective investor with respect to an investment in the securities is unauthorized, and any disclosure of any of its contents or any
reproduction or distribution without the Company’s prior written consent is prohibited.
This Confidential Information Memorandum does not purport to be all-inclusive or to contain all the information that a prospective
investor may desire in evaluating the Company or the terms of this offering. Prospective investors must conduct and rely on their own
examination of the Company and must base their investment decisions solely on their own examination of the Company and the terms of
this offering, including the merits and risks involved in making an investment in the securities offered hereby.
Each prospective investor, by accepting the delivery of this Confidential Information Memorandum, agrees to the foregoing and, if the
prospective investor does not acquire securities in this offering or this offering is terminated, agrees to promptly return this Confidential
Information Memorandum and all documents or information furnished by the Company in connection with this offering to the Company.
This Confidential Information Memorandum does not constitute an offer to sell to any person, or a solicitation of an offer to buy from any
person, the securities offered hereby in any state or other jurisdiction if such offer to or solicitation from such person is unlawful or
unauthorized in such state or other jurisdiction. No subscriptions will be accepted from residents of any state or other jurisdiction unless
the Company, upon consultation with its counsel, is satisfied that this offering is in compliance with the laws of such state or other
jurisdiction.
This offering is being made only to certain investors that are “accredited investors” as defined in Rule 501(a) under the Act, subject to
execution of the Company’s Subscription Agreement.
This offering is subject to withdrawal, cancellation, or modification without notice. The Company reserves the right to reject any
prospective investment in whole or in part or to allot to any prospective investor less than the amount of securities such prospective
investor desires to acquire.
The Company and its officers have obtained certain information contained in this Confidential Information Memorandum from sources
deemed reliable by the Company. Such information necessarily incorporates significant assumptions and estimates as well as factual
matters.
Prospective investors are urged to request and obtain any additional information they may consider necessary in making an informed
investment decision.
The Company will give any prospective investor a reasonable opportunity to ask questions of, and receive answers from, the Company or
persons acting on its behalf, concerning the terms and conditions of this offering, the Company and any other relevant matters, and to
obtain any additional information to the extent the Company possesses such information. No person other than a founder, officer or
director of the Company has been authorized to give any information or to make any representations concerning the Company or the
securities offered hereby. Any additional information provided by the Company in connection with this offering, whether verbal or
written, is qualified in its entirety by the information set forth [or incorporated by reference] in this Confidential Information
Memorandum, including, but not limited to, the “Risk Factors” set forth herein.
Requests for additional information should be directed to the CEO, Pierre Gauthier.
Prospective investors are not to construe the contents of this Confidential Information Memorandum as legal, business, or tax
advice. Each prospective investor should consult such prospective investor’ attorney, business advisor and tax advisor as to
legal, business, tax and related matters concerning the investment described in this Confidential Information Memorandum
and its suitability for such prospective investor.
TWD Industries AG
TWD Industries AG is seeking equity capital to fund the initial implementation of its lossless wireless
technology, or WET, a revolutionary technological accomplishment that was first envisioned by Nikola
Tesla over a century ago and that, until now, has remained unfulfilled.
We will use these funds to prove that we can transfer electrical power wirelessly (that is, without the need
for cables or other physical medium), safely and securely and through physical obstacles, to a fixed power
receptor placed at a significant distance from the power source. To our knowledge, to date, no one has
even come close to successfully carrying out such an experiment, as the competing technologies currently
being pursued all have very significant shortcomings.
After the initial implementation of our disruptive technology, we intend to raise additional funds to scale
up the application of WET with the ultimate goal of applying it on an industrial scale, by wirelessly linking
energy plants to all their remote consumers.
As WET is implemented on an industrial scale, we believe its applications are potentially limitless, from
powering stationary receptors of energy, such as appliances, homes and buildings, to powering mobile
energy receptors, such as cars, trains, hand-held devices, airplanes, ships, submarines or satellites.
It is our belief that WET will ultimately render the antiquated and inefficient energy grid we all continue
to rely on since 1882 (the year in which Thomas Edison opened the first power plant in New York City)
obsolete, thereby drastically reducing energy waste and the environmental pollution associated with it,
greatly accelerating the electrification of developing countries, creating significant wealth for providers of
electrical power and consumers alike, and, ultimately, improving living conditions across the globe.
With appropriate funding, TWD Industries AG will be able to ensure that WET is delivered in a safe,
secure, clean and sustainable way, such that it will not expose human and other living things to the health
risks typically associated with wireless transmission of energy, and will not be vulnerable to theft, hacking
or other unwanted human intervention.
We seek CHF 15,000,000 in funding, which will be placed in escrow for the protection of our investors
and released gradually over time only upon the achievement of agreed milestones that will unequivocally
prove the viability and virtues of our WET.
Table of Contents
Important Notices...............................................................................................................................2
ELECTRICITY TRANSMISSION........................................................................................6
The Basics..................................................................................................................6
Electricity.........................................................................................................................................................6
Electricity Generation.......................................................................................................................................6
Electricity Transmission and Distribution.........................................................................................................7
Wireless Transmission......................................................................................................................................8
Wireless Power vs. Wireless Communication...................................................................................................9
Nikola Tesla and Beyond..........................................................................................10
Near-field, non-radiative technologies............................................................................................................10
Radiative, far-field technologies.....................................................................................................................11
The Current State of Things.....................................................................................11
OUR LOSSLESS WIRELESS TECHNOLOGY (LWT).....................................................13
How it Works............................................................................................................13
Empirical Evidence..................................................................................................13
Grounding.................................................................................................................14
LWT’S VIRTUES AND IMPLICATIONS..........................................................................15
LWT is environmentally friendly (no emissions), is not capital intensive (no relays)
and is very efficient (no transmission losses and very low power consumption)....15
LWT is Secure..........................................................................................................16
Range of Applications..............................................................................................16
CAPITAL RAISE AND USE OF PROCEEDS....................................................................19
INVESTMENT PHASES.....................................................................................................21
THE COMPETITION..........................................................................................................22
WiTricity...................................................................................................................22
Emrod.......................................................................................................................22
Unlike Emrod, LWT does not rely on a line of sight. It traverses matter seamlessly
(our video shows how two Faraday cages are traversed by a 5 Volt current) without
interruption, and does not require either alignment or relays...................................23
Reasonance...............................................................................................................23
Unlike Reasonance, our alignment-free LWT can transmit at several tens of meters
(without suffering any transmission losses) with weak currents (5 Volts) at lower
frequencies and without electronic components, which would be required only to
maintain the link between the endpoints when the distance increases further, or if
the receiver is moving..............................................................................................23
Tesla Motors.............................................................................................................23
RISK FACTORS..................................................................................................................25
Risks Relating to Our Business and Industry...........................................................25
We Are a Startup.......................................................................................................25
Market Acceptance...................................................................................................25
Implementation of Subsequent Investment Phases..................................................25
Reliance of Third Party Contractors...............................................................................................................25
Field Conditions.............................................................................................................................................26
Fulfillment of Customer Orders......................................................................................................................26
Regulation......................................................................................................................................................26
Suppliers.........................................................................................................................................................27
Competition....................................................................................................................................................27
Inability to Manage Growth............................................................................................................................27
Patent Protection.............................................................................................................................................28
Risks Relating to the Offering..................................................................................28
Dilution.....................................................................................................................28
Use of Proceeds........................................................................................................28
Dividends..................................................................................................................28
INTELLECTUAL PROPERTY PROTECTION..................................................................29
REGULATION.....................................................................................................................30
MANAGEMENT.................................................................................................................31
Pierre Gauthier..........................................................................................................31
ELECTRICITY TRANSMISSION
The Basics
Electricity
Electricity is the physical flow of electrons (subatomic particles, generally negative in charge, that orbit
the nucleus of an atom) in a stream called current through a conducting medium, such as a metal, acid or
similar conductor. Current is a count of the number of electrons flowing through such medium.
There are two types of electricity: alternating current (or AC), the type of electricity commonly used in
homes and businesses throughout the world; and direct current (or DC). While DC flows in one direction
through a wire, AC alternates its direction from positive to negative and vice versa in a back-and-forth
motion. The AC electric generator (or alternator) determines the frequency (i.e., the rate per second at
which AC electricity alternates its direction) in Hertz. That rate is 50 or 60 times per second, depending on
the electric system of the country or continent: for example, 50 Hertz in Europe and 60 Hertz in North
America. What is special about AC electricity is that the voltage can be readily changed (higher or lower,
by the use of a transformer), thus making it more suitable for long-distance transmission than DC
electricity. (One notable exception to this, is the State Grid Corporation of China, which has deployed
UHV 1.1 million Volt DC to transmit five times more power than conventional lines over longer distances,
at lower costs.) AC also can employ devices such as capacitors and inductors in electronic circuitry, which
can affect the way AC passes through a circuit, allowing for a wide range of applications. For example, a
combination of a capacitor, inductor and resistor is used as a tuner in radios and televisions. Without those
devices, tuning to different stations would be very difficult. The below depicts the sine waveform AC
electricity typically follows in alternating between positive (+) and negative (−), as measured with a
voltmeter or multimeter.
DC electricity is found in almost all electronics. AC and DC, however, do not mix very well, and AC will
need to be transformed to DC before most electronics can be plugged into a wall outlet.
Electricity Generation
There are three stages of electric power supply: generation, transmission and distribution.
Most commonly, electric current is generated through electro-magnetic conversion, by moving an electric
conductor, such as a wire, inside a magnetic field. For example, in a generator connected to a turbine, the
turbine provides the motion required to move the conductor in the generator. The energy for motion can
come from various technologies, such as wind turbines, hydropower, or the steam created from heat
produced in fossil fuel (natural gas or coal) or nuclear fission combustion. Electricity can also be
generated through chemical reaction (for example, in a battery or fuel cell) or solid-state conversion, using
the structure and properties of a (specially constructed) solid consisting of different molecules packed
closely together that create an electric current when stimulated, such as a solar photovoltaic (PV) cell. The
first power plant, owned by Thomas Edison, opened in New York City in 1882.
Electricity is the same, regardless of how it is produced. The rate at which electricity is produced is
referred to as a watt. The quantity of energy used over a certain period of time is referred to as kilowatt-
hour (or kWh). A watt is the product of a volt and an ampere (or amp), where a volt designates the size of
the force that sends the electrons through a circuit, and an amp the unit used to measure electric current.
Voltage can be thought of as the pressure of water flowing through pipes, whereas amps as a unit of
measure indicating the volume of water moving past a certain point. That is also a function of resistance:
one amp is the amount of current produced by a force of one volt acting through the resistance of one
ohm. An ohm is a way of measuring resistance. For example, a certain length of copper wire, which is a
good conductor, has a resistance of .0000017 ohms, while the same length of Sulfur, which is a very poor
conductor, has a resistance of 200,000,000,000,000,000 ohms.
While water dams can be used to delay electricity generation until needed (by releasing water into
turbines) and battery capacity is improving at a fast pace, storing large quantities of electricity is still not
economically viable with current technologies, therefore when electricity is produced it must be used
immediately. For this reason, the grid must be managed continuously to balance electricity supply with
demand. The below depicts where electricity is generated from in the United States.
Depending on the source of electricity, electricity production can have significant environmental and
health impacts. Fossil fuel resources, like coal and natural gas, although carbon intensive, are the most
convenient sources used to generate power (e.g., thermal power) to meet consumer demand at any given
time and place as burning fossil fuels can be operated anywhere as they can easily be transported and
stored. Thermal generation sources, however, produce air pollutants that can cause significant harm to
human health and contribute to global greenhouse gas emissions. Renewable sources of electricity, like
solar and wind, do not produce direct carbon emissions (except to manufacture, transport and replace
parts), but generate electricity only on an intermittent or variable basis, and consumers must be nearby to
limit transmission losses so there are limitations also to deployment.
Electricity Transmission and Distribution
Most electricity is generated by power plants at 13,200 to 24,000 volts. When electricity comes out of a
generating station, the transmission substation located there (step-up transmission substation) steps up the
voltages to the range of 138,000-765,000 volts. After electrical power is generated, it is transmitted over
distances using transmission lines. Transmission lines are constructed between transmission substations
and may be supported overhead on towers or they may be underground. They are operated at high
voltages. They send out large amounts of electrical power and extend over considerable distances.