Houston, Texas, June 15, 2020/ Lithified Technologies Texas (“LTTX”) (www.lithtectx.com) announced the launch of a seed round private capital raise.
LTTX is pleased to announce that it has secured its first seed capital investment and is selling LLC units @ $1,750 per unit. LTTX was formed to purchase the exclusive, perpetual license in Texas to market LithTecTM, a proprietary high performance road base treatment product. There are more than 680,000 miles of roads in Texas, more than twice the number of miles than the next closest state in the United States.
Roy Mullin of LLTX said, “We have worked very hard the past few months getting our LLC offering documents prepared for this seed round and it is exciting to receive our first investment. Our goals for LTTX unit owners are lofty. If just a tiny fraction of the 680,000 miles of roads in Texas are improved by using LithTec we can create an amazing opportunity for our investors.”
The LTTX management stated, “LithTecTM is a technology that has a chance to change the road building industry. The market is ready for something different. We are poised to fill that need.”
The management team of LTTX will release additional information during the coming weeks as they complete the seed capital raise and pursue opportunities in Texas.
About Lithified Technologies Texas
Lithified Technologies Texas acquired the exclusive, perpetual license to distribute LithTecTM in Texas in 2021. The company chose Texas as its starting point because of the significant number of paved miles of road in the state. Roads typically fail when the base layer erodes due to heavy truck traffic, water intrusion, and freeze thaw cycles. The LithTecTM proprietary product solves all three challenges at a reduced cost. Traditional road base “stabilizers” fail when attempting to glue the road base materials together. LithTecTM transforms the base into stone and binds the materials at the molecular level, creating a high performing structural member of the road design with more flexibility and ductility than asphalt. The improved performance of LithTecTM has been documented by independent third parties including Los Alamos National Laboratory, State Departments of Transportation, and independent engineers.
Please visit www.lithtectx.com
For more information, please contact:
Lithified Technologies Texas
Roy Mullin
Email: roy.mullin@lithtec.com