introduction
Success To Date
- We’ve done a city-approved telemetry test launch for an internet balloon system.
- We are working towards the development of a portable CAES battery system (Compressed Air Energy Storage).
- Riemann Computing have also tested aquatic wireless networks and various modules.
- We have an intellectual property portfolio, and a portfolio of various different communication protocols and telemetry solutions.
- We contributed to distributed computing protocols downloaded by over 175k developers.
- On October 14th, 2022, we reached over 100k subscribers on our YouTube channel through our various efforts. We were given a YouTube Silver Play Button.
In relation to our intellectual property portfolio:
- Our Compression Algorithm, US 16/059,633, was granted and has since been cited by RedHat which is a subsidiary of IBM.
- We have a communications protocol patent, ZA 2019/01105 that was filed on Feb 21, 2019, which is for a "Low-Frequency Enabled Bluetooth GUI for P2P Device Identifier Communication" pending in South Africa.
- For August 8th, 2019, our Compression Patent application was filed in China through CN 201910729783X.
- We have a Computing Method patent (US 17/882587) filed on Aug 7th, 2022, that is granted.
- We have design patents as well such as one for a Modular Space Plane, US 29/852,695 (Sep 8, 2022) and pending, and an Aeronautical Propulsion Board, US 29/861,864 (Dec 3, 2022) and pending.
- A provisional patent filed for a “SYSTEM AND METHOD FOR PERFORMING AN ELECTROENCEPHALOGRAPHY (EEG) ANALYSIS AND A PROGNOSIS MEASUREMENT”, filed provisionally as No. 63/639,586 on April 27, 2024
- We have a word mark application for NASCRIPT (NaScript) a programming language that has been in development. Its serial number is 97319685 and it has been granted.
- Riemann Computing is also working on various research disclosures, licenses, and programming languages. NaScript is just the most recent, but it is also developing the languages known as LonScript and ScrubScript.
Problem
In terms of being reliable, the American Society of Civil Engineers gave the power grid a D+ rating. According to BroadbandSearch, a third of the entire world have NO access to the internet as of 2023. The keyholders of the internet is a select group of people, and most of the internet is severely centralized. These three problems dramatically need to be fixed. When you are looking at a broken grid, a third of the world being unconnected, and a seemingly too centralized internet that can potentially limit intellectual diversity, then you are stuck with a problem that technology created but have not efficiently found a means to solve.
Solution
Business Model
Riemann Computing has a multifaceted product portfolio and business plan aiming to tackle a variety of industries. They aim to make money through research initiatives, potential joint ventures and government collaboration opportunities, and the selling of their products.
In a way, they offer infrastructure as a service, and research as a service. Their primary business model is B2B.
Market
According to the Business Research Company, the telecom industry may reach a $3.8 trillion dollar market size by the year 2027. Also, according to Fortune Business Insights, the smart infrastructure market size may reach $413.16 billion by the year 2028. This means that the two primary industries we are trying to build technology in, could potentially reach a total market size of over $4.2 trillion dollars.
Press
- Huron Daily Tribune
Internet balloon to be tested in Harbor Beach - Cleveland Water Alliance
Erie Hack 2021: Meet Our Semifinalists! - Cleveland Water Alliance - Northwestern Michigan College
Lakebed 2030: Schedule (Stark Drones) - Hackernoon
Introducing Stark Drones: Propelling into the Future - Government Technology
What’s New in Civic Tech: D.C. Picks GigabitDCx Semi-Finalists - DC.gov OCTO
Mayor Bowser and OCTO Announce #GigabitDCx Semi-Finalists
Team
Use of Proceeds
If the offering's maximum amount of $809,999 is raised:
Use | Value | % of Proceeds |
---|---|---|
Compensation for managers | $560 | less than 0.1% |
R & D | $45,500 | 5.6% |
Legal Expenses | $68,250 | 8.4% |
Starting a Lab Facility | $349,500 | 43.1% |
Marketing Expenses | $71,000 | 8.8% |
Outsourced Engineers | $45,500 | 5.6% |
Debts and Liabilities | $85,000 | 10.5% |
Full Time Engineer | $105,000 | 13.0% |
Intermediary fees | $39,690 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Stock, under registration exemption 4(a)(6), in Riemann Computing, Inc.. This offering must reach its target of at least $10,000 by its offering deadline of January 14, 2025 at 11:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been audited by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
- Form C on September 27, 2023
- Form C/A on October 19, 2023
- Form C/A on November 3, 2023
- Form C/A on January 3, 2024
- Form C/A on March 20, 2024
- Form C/A on April 10, 2024
- Form C/A on May 31, 2024
- Form C/A on July 9, 2024
- Form C/A on August 7, 2024
- Form C/A on August 14, 2024
- Form C/A on August 15, 2024
- Form C/A on October 11, 2024
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
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- Aug 7, 2024Demo Day on August 15th... We are expected to...
- Jul 17, 2024Regarding a Potential Near-term Pilot ... We...
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- Jun 28, 2024BitBadges and Zapier Beta ... BitBadges has...
- Jun 21, 2024A P2P Event Feature ... BitBadges has recently...
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- May 25, 2024BitBadges + Zapier and Other Updates ... Hello...
- May 20, 2024Trademark Application Filed... The trademark...
- May 15, 2024Riemann Computing Brand Announcement... We...
- May 11, 2024Allowance for Compute Module Patent...
- Apr 16, 2024The Riemann Computing website is live ... The...
- Apr 8, 2024BitBadges Beta Multichain Connect... BitBadges...
- Apr 8, 2024The DBA for Stark ... The DBA for Riemann...
- Apr 4, 2024Pending Trademark and More... Let us start by...
- Apr 2, 2024Recent SGI Domains ... Here is a screenshot of...
- Apr 2, 2024IMPORTANT: New Registered Works ... Riemann...
- Mar 29, 2024IMPORTANT: Restructuring Update ... Stark...
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- Mar 29, 2024FilmClout Funding Portal dba... The DBA that...
- Mar 26, 2024Stark Global Initiative and some changes...
- Mar 25, 2024Name Reservation in Jamaica ... STARKCOM...
- Mar 24, 2024Stark Global Initiative Bylaws ... The Stark...
- Mar 22, 2024FCC Petition DISSEMINATED ... The FCC petition...
- Mar 16, 2024New Corporate Updates and FCC Petition... The...
- Mar 13, 2024Kickstarter Pre-Launch Page...
- Mar 12, 2024Petitioning the EU on CRCF... The Stark Drones...
- Mar 9, 2024BitBadges Follow Protocol... One of our...
- Mar 7, 2024Stark Global Publishing Group DBA... The...
- Mar 7, 2024Our LARA Annual Report Update... The Michigan...
- Mar 1, 2024The CAGE Code/UEI for Stark Drones has been...
- Feb 27, 2024Our Computing Method Patent no. US20240046776A1...
- Feb 27, 2024We are now registered on the ARIN... We are...
- Feb 16, 2024Stark Drones Recent Testing Data... We have...
- Feb 14, 2024Stark Drones is considering becoming a B...
- Feb 2, 2024The 2023 Annual Report has been filed. Our...
- Jan 27, 2024The Stark Global Initiative's new website has...
- Jan 26, 2024Check out Starkcom Global's FAQs We now have a...
- Jan 17, 2024Some Updates to Start 2024... Our founder is...
- Dec 29, 2023Our Last PR of 2023 Here is to 2023. Our...
- Dec 27, 2023The Starkcom Global Website Launches The...
- Dec 20, 2023The BitBadges Platform is potentially nearing...
- Dec 11, 2023Stark Drones will be presenting at the...
- Nov 21, 2023The NaScript trademark has been issued. A...
- Nov 19, 2023The founder of Stark Drones is back from...
- Nov 6, 2023Networking in NY, Stark Maps and More! The...
- Oct 31, 2023Former Qualcomm Executive Charles Oshunremi...
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- Oct 20, 2023# Stark Drones wants to protect our...
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- Oct 8, 2023Come meet the founder of Stark Drones at one of...
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