Conectisys Corp (CONC)

Description:

ConectiSys Corp. was incorporated in Colorado on February 2, 1986, under the name Coastal Financial Corp. On December 5, 1994, Coastal Financial Corp. changed the name to BDR Industries, Inc. which changed its name on October 16, 1995 to ConectiSys Corporation. The Company is currently in a cost-reduction phase of the development of the H-Net system, the trademark of ConectiSys, and has completed the development for commercial production of its H- Net 4.0 wireless meter-reading product. The Company's H-Net system is designed to enable users to remotely read electronic energy usage meters without the necessity of someone traveling to and physically reading the meter. The Company's H-Net system is comprised of the following three principal components that operate together to provide low-cost automatic meter reading solution: H-Net-equipped meters, base stations and a network-operating center. ConectiSys Corp.'s H-Net system has been designed so that an energy service provider can determine exactly how much electric power a metropolitan area, a neighborhood, or even an individual residence is using. ConectiSys Corp. has four full-time employees and a six person advisory board.