Larry Shultz
Mr. Shultz is a seasoned, serial entrepreneur with a long track record in product invention, development and marketing.
For the last ten year, Mr. Shultz, has been developing various clean energy technologies in the field of waste heat recovery and coal-to-liquids production to help America become energy independent.
In 2011 Mr. Shultz co-founded, wrote the business plan for and is senior partner in NanoEnergy Ventures, which owns exclusive worldwide rights to a proprietary low-cost Heat-to-Electricity technology that can convert currently wasted heat energy in the industrial, residential and commercial sectors into usable electricity supplies at a cost less than current electric Utility rates.
In 2011 Mr. Shultz wrote the business plan for and is senior partner in the American Coal Oil Company which owns exclusive worldwide rights to a proprietary low-cost low-energy low-emissions technology that converts indigenous COAL resources into cheaper, cleaner liquid fuels, thus eliminating the need to import expensive foreign oil resources.
In 2010 Mr. Shultz wrote the business plan for and is senior partner in the DailyBuzzBar contextual video advertising and rewards Entertainment Platform and iPad Magazine that enables user-generated and professional entertainment studio content owners to monetize their videos online in partnership with local retail advertisers and sponsors. The DailyBuzzBar.com is slated to go live at www.dailybuzzbar.com in 2012.
From 2001 until 2005 Mr. Shultz served as CEO of Cryotherm Energy, Inc., a clean energy technology incubator which was merged in 2003 with Encore Clean Energy, Inc., a publicly-traded company (www.globenewswire.com/newsroom/news.html?d=85730 ) of which Mr. Shultz was on the board of Directors.
In the mid-1990’s, Mr. Shultz served as CEO of AirBelt Systems LLC, developer of the “IntelliFlowtm” AirBag Inflator, the only air bag technology to pass both stringent new infant as well as adult air bag tests by the National Highway Transportation and Safety Administration. In 1997 Mr. Shultz and Airbelt signed an exclusive licensing agreement with TRW, a major air bag manufacturer for manufacturing and marketing of the IntelliFlow airbag system. http://www.theautochannel.com/news/press/date/19970909/press006075.html
Prior to AirBelt Systems, Mr. Shultz was Senior Vice President, Audio and Video technologies, and a Director of Aura Systems, Inc., a public company, from 1990-1994, where he was in charge of developing and manufacturing a number of technologies and products (many of his own creation, including the award-winning Aurasound loudspeakers (see link: http://www.aurasound.com/), bass-shakers and Interactor video-game accessory ( http://www.youtube.com/watch?v=0NSHASDuD_A,
http://www.amazon.com/Aura-Systems-Interactor-Virtual-Reality/dp/B004ZGNCNC andhttp://www.avsim.com/pages/0604/aura/aura_interactor.htm)
From 1986 until 1990, as President of International TeleSystems, Mr. Shultz developed the TickeTV pay-per-view “positive trap” used by non-addressable cable operators to encrypt and secure pay-tier and pay-per-view programming from unauthorized, non-paying customers in the 1980’s and 90’s and was instrumental in the company’s purchase of Digitron Communications (www.digitron.net) . From TeleSystem’s formation in 1986 to 1990, President George W. Bush was a founding member of the board of directors of the company, which Mr. Shultz co-founded with industrialist Stephen Dart.
In addition to his venture capital activities investing in new technologies and businesses, Mr. Shultz continues to be active in the entertainment industry: In the 1990’s Mr. Shultz was partnered with comic book icon, Stan Lee (creator of the Spider-Man, X-Men , Hulk and Fantastic Four entertainment franchises) in Lee-Shultz Productions, for which Mr. Shultz wrote a number of stories, screenplays and a novel (“The Guardians”) which were optioned and put into development as movies and TV series by such Hollywood studios and TV networks as Warner Brothers, 20th Century Fox, Imagine Entertainment, NBC and CBS.