Smart Energy Sol (SMGY)

Description:

Smart Energy Solutions, Inc. was incorporated in the State of Utah on February 10, 1999, under the name Datigen.com, Inc. On March 23, 2005, the Company purchased inventory, manufacturing molds and technology from Purisys, Inc. whereby it became a producer of an electronic control for vehicle batteries, known as the 'Battery Brain', which is intended to keep the batteries from discharging to the point that the vehicle cannot be started. It is also intended to prevent the vehicle from being started without using the ignition system by what is commonly known as hot wiring. On August 25, 2005, the Company changed its state of incorporation from Utah to Nevada by the merger of the Company with and into its wholly owned subsidiary, Smart Energy Solutions, Inc., a Nevada corporation. As a result of such merger, the Company's name was changed to Smart Energy Solutions, Inc. in order to better reflect its business operations. The Company's only products are its Battery Brain products. The Battery Brain is a small, box-shaped device, whose size and weight is comparable to that of a cellular phone. It is attached to the battery of a motor vehicle and performs two main functions for the motor vehicle: prevention of battery failure and protection from theft. If the Battery Brain is attached to a car battery, and the car's operator leaves the lights on while the car is turned off, the Battery Brain would prevent the battery from failing, so that the car could be started again without having to recharge its battery. It works by preventing a battery from becoming drained below the level necessary for it to function. In addition, the Battery Brain protects the vehicle from being stolen by stopping the battery from powering the engine while the car is turned off, thereby preventing a potential thief from 'hot wiring' the engine, a procedure commonly used by thieves to turn on the vehicle's engine without an ignition key. Different versions of the Battery Brain are available, each of which is intended to be used with a different type of motor vehicle. As a result, the Battery Brain could be used on all types of motor vehicles, from passenger cars to light trucks to heavy trucks, buses, tractors, RVs, motorcycles, boats, handicap vehicles or any other motor vehicles that rely on batteries. The Company has also developed an application that allows its technology to use as an intelligent circuit breaker providing enhanced safety against electrical shorts that are responsible for vehicle fires. This application monitors the current being used in vehicles when they are moving or when they are parked and would alert the driver to a short condition immediately or if the vehicle is parked disconnect the source of energy before an electrical fire can start. The Company's activities have been focused on the following nine market segments, each of which have unique requirements: Automotive Retail; Automotive Dealers; Automotive Original Equipment Manufacturers; Automotive Specialty; Fleets; Military; Heavy Truck/Bus; Motor Home/Recreational Vehicle; and Marine. It also sells units of the Battery Brain to other commercial enterprises, including the following; automotive retail distributors like Keystone, Crutchfield and O'Reilly Auto Parts; marine distributors, including , Overton and Keller Marine; recreational vehicle and motor home distributors, including Coast and Stag Parkway; truck distributors, including Camping World, Truck Pro and ; and international distributors in Italy, Belgium, the Netherlands, Sweden, Mexico, Israel, the Philippines and the United Kingdom.