20 Innovative Companies to Watch of 2021
- Published date: November 14, 2022
We are delighted to share that due to our company’s reputation, our existing customers have referred us to new customers who would be potentially interested in our offering and establishing a business relationship with Enerkon.
The Executive Headlines
Below are the highlights of the interview conducted between The Executive Headlines and the Founder & Chairman, Mr. Benjamin Ballout of ENERKON SOLAR INTERNATIONAL, INC.
Enerkon Holdings Background and Overview
- Commenced as a private energy firm with a Turkish partner.
- Spun-off into a U.S. holding company with diversified investments across multiple industries including alternative energy, biotech, and defense sectors.
- Responsible for overall project operations along with delivery of corporate goals through established partnerships.
- Existing operations across the USA, Canada, Eastern Africa, the Middle East, and Europe.
- Strong national and international government relations.
- Working with GMIHA & the AREC to Promote Hydrogen Transformation in the Global Energy Space.
- Ticker Symbol: ENKS
- 500MW Solar Plant in Gaza Province Mozambique (Sold to Al-Fada Holding U.K. For $38 Million Note Swap).
- Hydrogen Electrolysis Plant at the ChNPP site.
- 5G Telecom Network Consortium Management and Financing for Ukraine State Telecom Holding.
- Pennsylvania land lease with option to purchase along with developing 20MW solar and 100MT/month Hydrogen Production Facility in combination with an Agri-Tech Test Program at the same site (Hydroponic – AI-driven computer controlled Indoor Agriculture).
- CoviKlear U.K Holding co. Acquisition to co-sell a device owned by GLC Canada; a patented OEM medical device for rapid testing of Covid19 using graphene biosensor technology.
- Wattozz Holdings, a New Electroshock System for Police Control (Taser Gun type non-Lethal Wireless Weapon System).
- AI OX Fuel Cell Disruptive Technology (USPTO Provisional Patent #62960410)
- COVID-SHIELD PI ™ (Pending Approvals & Trials; USPTO/TM #88933756)
- Wattozz Wireless Electroshock Weapon (USPTO #2018/106577 A1)
- 200 million Authorized Shares
- 65 million Outstanding Shares
- 15 million Float
- 50.3% Chairman/CEO Ownership
- 0% Insider Selling
- 80% Share Buy-Back (TBC in July 2021)
- $17.5 million cash on-hand (deferred revenue)
- $84 million in total assets
- $36 million in total deferred revenue as of end of March 2021
- $16 million in gross profits
- Progress ongoing projects.
- Launch new website by first week of July 2021.
- Complete second phase share buy-back by July 2021.
- Invalidate 14.2 million shares of former management and 2 service providers (in progress).
- Up-list to NASDAQ upon reaching $4 target price (may necessitate additional share buy-back).
- All past and future Press Releases can be found using the following URL https://www.nasdaq.com/market-activity/stocks/enks/press-releases
- Ensuring that my vision was well-articulated and that I had the support of my colleagues to bring this vision into fruition.
- Time management was a constant challenge as I had far too many things on my plate to handle. I felt overwhelmed at times and could not manage my time effectively.
- I had to ensure that all the holdings’ policies and procedures are in-line with the company’s aspirations, goals, and overall culture. It was a challenge to ensure that all employees were adhering to these policies and procedures whilst ensuring that we continuously growing as a company.
- Employees: Our most valuable asset is our workforce. As they are responsible for our company’s success, we are constantly investing in our employees to ensure that we give them the opportunity to be successful at what they do.
- Knowledge and Skills: These intangible assets assist in defining and establishing the identity of our company. We are constantly focusing on enhancing this area to ensure that our employees are empowered with the knowledge and the skillset that they need to meet our customers’ needs and requirements.
- Liquidity: Ensuring that we are constantly liquid to continue our operations and to build and deliver to our customers’ needs and requirements is of much importance. This is realized by building a pipeline of customers who are already interested in our products and services offering.
- Patents: Our product offering is unique. We have taken the appropriate measures to ensure that our offering is legally protected from any potential infringement of our copyrights.
- Customers: Enerkon would not exist or be successful at what we do without our clients. Hence, everything we execute at our company is done with the ultimate goal of meeting and satisfying our customers’ needs and requirements.
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