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G3C Technologies Corporation

Operating

G3C Technologies Corp

Energy & Cleantech · Basking Ridge, NJ

We Give New Life to Old Tires An Innovative Waste to Wealth Technology

Post-money valuation ⓘ
$21.4M
As of Aug 2019 · from Reg CF Offering (2018) · pre-money + amount raised, not a traded price
Total raised
$2,765,320
Crowd $265K · Private $2.5M · 3 rounds since 2015
Latest share price
$60.00
Reg CF · Class B Non-Voting Common Stock · Nov 2018 offering price

Financials

FY2016–FY2021 · from SEC filings · hover any figure for its source
$0
−$389K
2016
$0
−$479K
2017
$0
−$818K
2018
$0
−$681K
2019
$10K
−$614K
2020
$11K
−$580K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2016 reviewed*
FY2017 reviewed*
FY2018
FY2019 unaudited
FY2020 unaudited
FY2021
Income statement
Revenue
$0
$0
$0
$0
$10,284
$10,810
Cost of goods sold
$0
$0
$0
$0
$0
$0
Gross margin
—
—
—
—
100%
100%
Net income
-$389,464
-$478,786
-$818,005
-$680,798
-$614,482
-$580,057
Taxes paid
$500
$500
$1,717
$0
$500
$500
Balance sheet
Cash
$119,585
$733,996
$273,558
$867,818
$173,794
$452,620
Accounts receivable
$0
$0
$0
$0
$11,510
$22,310
Total assets
$131,228
$875,499
$571,695
$1,088,104
$473,010
$686,441
Short-term debt
$0
$16,369
$1,024,792
$2,900
$2
$40,374
Long-term debt
$0
$1,000,000
$500,000
$0
$0
$0
Total liabilities
$0
$1,016,369
$1,524,792
$2,900
$2
$40,374
Other
Headcount
—
3
3
3
3
3

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$21.2M
pre-money
Reg CF · Class B Non-Voting Common · Nov 2018

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Share counts as of Dec 31, 2020
Series A Preferred Stock · 65.8%Class B Common Stock · 17.1%common stock · 17.1%
ClassOutstandingVotes / shareShare of totalVotesLiquidationLast price
Series A Preferred Stockpreferred(as of Dec 31, 2019)100,000—65.8%79.4%1×—
Class B Common Stock25,979none17.1%0%—$60.00Nov 2018
common stock(as of Dec 31, 2019)25,979—17.1%20.6%——
Total151,958100%100%

Shares outstanding over timein today's share terms

421K211K0
Dec 2016Dec 2019
Class A Common StockClass B Common Stockcommon stockPreferred stockSeries A Preferred StockRound opened

Principal holders% as the filing states it, Apr 30, 2021

  • Vitaly Khusidman200,000 Class A Common Stock52.7%of votes
  • LBIT2002, LLC100,000 Series A Preferred Stock26.4%of votes
  • LBIT2002, LLC74,714 Class A Common Stock19.7%of votes
  • Everyone else (not named in filings)1.25%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Team

10 people
Dr. Vitaly KhusidmanFounder
Founder, CEO, and Director

Dr. Vitaly Khusidman is a serial innovator in process control and information technology, having engineered and commissioned sorting systems for FedEx, DHL and USPS hubs, led international focus groups, developed technology offering for a Fortune 500 company, and consulted a number of large financial and insurance companies. Until August 2017, Dr. Khusidman has also provided part-time consulting services not related to G3CT business via a consulting firm Knowledge Vitality, where he served as a President. Dr. Khusidman is responsible for the G3CT strategic direction and positioning on the market as well as strategic partnerships, and he oversees and is deeply involved in all technology development including Intellectual Property development and management. Dr. Khusidman has been founder, director, and CEO of G3C Technology Corporation since 2015.

Vitaly Khusidman
CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer
Alex Khusidman
SVP Engineering

Mr. Alex Khusidman is a hands-on design engineering manager and technology executive with 25 years of experience in development and commissioning complex engineering solutions and program management. After graduating from Drexel University, Mr. Khusidman was leading design of electronic circuits software and industrial control systems, as well as entire systems engineering projects. Mr. Khusidman has extensive experience in setting up and running engineering function in start-up companies. Until December 2017 he was leading controls product development as a Director Engineering at Westcomm, Inc. Mr. Khusidman joined G3CT in January 2018 as a full-time employee. Mr. Khusidman is leading the efforts of the design and manufacturing of G³C technology equipment, and electrical and control systems.

Dr. Grigor Tatishvili
Sr. Researcher, Georgian Leadership Group

Dr. Grigor Tatishvili has completed a PhD dissertation in Physics and Mathematics at the Tbilisi State University. Director of R. Agladze Institute of Inorganic Chemistry and Electrochemistry of Iv. Javakhishvili Tbilisi State University. Deputy Chair of the Appeal Board of the National center of the education quality development of Georgia. Editorial board of the Azerbadjan Journal "Chemical Problems". Member of the expert -advisory council of Department of Emergency Management of Ministry of internal affairs of Georgia. Published over 50 scientific articles and authored 3 patents.

Dr. Jamshid Avloni
Scientific Advisor

Dr. Jamshid Avloni has more than 30 years of experience involving the chemistry of traditional polymers and 23 years in developing electrically conductive polymers and nano materials. From 2014 he started Altinit LLC (consulting) and in 2015 he co-started ConTex LLC (development and manufacturing, smart fabrics and technical textiles). He worked as a CEO of Eeonyx Corporation from 1995 till 2013 where he developed and manufactured electrically conductive materials. Prior to joining Eeonyx Corporation in 1995, he was a Visiting Scientist at the Department of Chemistry of The University of Pennsylvania in the group of Professor Alan G. MacDiarmid (who was awarded a Nobel Prize in chemistry in 2000).

Dr. Tamaz Marsagishvili
Program Manager, Georgian Leadership Group

Dr. Tamaz Marsagishvili has completed a Doctoral Dissertation in Physics and Mathematics at L. Karpov Scientific-research Institute of Physics and Chemistry (Moscow, Russia). Head of R. Dogonadze Laboratory of Theoretical investigations, Head of Scientific Council R. Agladze Institute of Inorganic Chemistry and Electrochemistry of Iv. Javakhishvili Tbilisi State University. Served as a Deputy Minister of the Georgian Ministry of Education and Science. Acted as the Director of the R. Agladze Institute of Inorganic Chemistry and Electrochemistry of Iv. Javakhishvili. Published over 140 scientific articles and authored 7 patents.

Dr. Yakov Freidzon
Scientific Advisor

Dr. Yakov Freidzon served as a Leading Research Fellow (Professor) at the Department of Polymer Chemistry of M.V. Lomonosov Moscow University, as a scientist at the Department of Material Science & Engineering of Cornell University, and he held a number of leading scientific positions at several private companies in the United States. At Benjamin Moore & Co, he has developed novel polymers for water-based architectural and industrial coatings. Dr. Freidzon is an author of over 160 articles in scientific Journals and books, as well as abstracts of various scientific meetings, symposia and conferences. He is also an author of 20 US and International Patents.

Frank Hsu
SVP Business Development

Mr. Frank Hsu is a professional engineer with intensive background in the fields of environmental engineering and waste-to-energy with hands-on experience in the areas of engineering design, project planning and execution, plant construction and operation, sales and marketing, and general management. In addition to a sound engineering and business management background, Mr. Hsu also has extensive experience in international sales and marketing as well as business development. Mr. Hsu is a licensed professional engineer (in both the United States and Taiwan) with advanced degree in environmental engineering and business management. Mr. Hsu, being retired executive was involved with G3CT part time from January 2016 through December 2017. Starting January 2018 Frank is a full-time G3CT employee.

Olga Chudakova
Program Administrator, Georgian Leadership Group

Ms. Chudakova served as Coordinator of scientific projects - Department of Scientific Program, Chief Specialist of Scientific Projects and Leading Engineer - Department of Planning and Financing of Research Works and Economics of Mining Industry, G. Tsulukidze Institute of Mining Mechanics, Tbilisi, Georgia

Show 1 more person
Vazha Bujiashvili
Lead, Georgian Engineering Group

Mr. Bujiashvili holds Masters Degree in Mechanical Engineering and has 35+ years hands on experience with design and manufacturing of mechanical equipment and managing multifunctional teams of engineers and technicians. Mr. Bujiashvili plays the key role in the design, fabrication, testing, refining and commissioning of all G3CT equipment built and used in Georgia. He is deeply involved in the equipment testing and provides recommendations for improvements. Mr. Bujiashvili has built a capable team of engineers and technicians, where each person plays his/her own role but is able to replace other team members as needed.

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 4 of 8 annual reports (FY2018–FY2025)

356 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-TRJan 31, 20230001665160-23-000166
    EDGAR
  • Form C-UOct 11, 20220001665160-22-002724
    EDGAR
  • Form C-ARMay 17, 20220001665160-22-001663
    EDGAR
  • Form C-ARApr 30, 20210001665160-21-000870
    EDGAR
  • Form C-ARJun 10, 20200001665160-20-000778
    EDGAR
  • Form C-USep 5, 20190001665160-19-000911
    EDGAR
  • Form C/AJul 1, 20190001665160-19-000739
    EDGAR
  • Form C-ARMay 1, 20190001665160-19-000558
    EDGAR
Source: ManualCIK 0001757449NJShare price $60.00

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.