Submeter One, LLC is customer owned. Submeter One's ownership is
held in the form of Class A , B or C shares. For qualified investors,
Submeter One's ownership model makes available up to One Hundred
Thousand Class A Shares. The purchase of Class A shares is limited to
customers. Class A shares fully participate in every dividend declared
by the board.
For smaller investors, Submeter One's ownership model makes
available Class C shares. These shares are nonvoting and as a group
Class C shareholders are entitled to twenty percent participation in
every dividend declared by the board. Each customer is entitled to
purchase a single Class C share regardless of size.
Our charter provides for a six member board and that three board
seats be filled by the founding partners and three board seats be
elected by the Class A shareholders.
We encourage membership by our customers, and are excited by the
possibilities created thru the member relationship. For more information on these services please call
our marketing department at (225) 765-7577 or email email@example.com.