
St. Louis-based Trumpets Energy Inc. has applied for a Regulation A+ listing through startup investing company StartEngine (StartEngine.com) for 10% of its shares for a $75 million capital raise. Trumpets Energy is a Christian corporation utilizing existing industrial processes such as microwaves for the production of nationally critical graphene and hydrogen from the capture of coal-created gases.
Through the Inflation Reduction Act, the Democrat party has incentivized Trumpets Energy’s business plan with an enhanced $85 per ton of CO2 permanently stored. With Trumpets Energy’s coal refining process put in practice, the business will be eligible to receive as much as $130 per ton of coal purchased from US-based coal mines since the carbon equivalent of what would otherwise be released as CO2 is more than one and a half times the carbon captured from a ton of coal.
Trumpets Energy CEO John Beidle said, “We laid out a plan for StartEngine to review that could easily become the quickest industry in the clean energy sector to attain a trillion dollars in revenue by reconnecting the carbon circle from coal for clean hydrogen and extremely critical and valuable graphene for batteries and fuel cells.”