IX Power Clean Water, Inc.

CIK: 1555127DEIncorporated: 2014-09-17

Current Offering

$10,000
Target Amount
$1,070,000
Maximum Amount
2020-08-18
Deadline

Security Details

Type: Class B Non-Voting Common Stock
Price per share: $1.25
Shares offered: 8,000+

Offering Costs

Cash commission: 10%
$10,000 plus a fee ranging from 3.5% to 9.5% of the total amount of investments raised in the offering, collected from the issuer. In addition, a fee of 3.5% of the total investment amount, collected from the investor.
Equity compensation: 2%
At conclusion of the offering, intermediary will receive a number of shares being offered along the same terms as investors equal to two percent (2%) of the total amount of investments raised in the offering (up to $1,070,000 maximum offering amount).

Financial Reports

Offering via StartEngine

Offering History

As of 2020-05-20
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2020-08-18
As of 2020-08-13
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2020-10-19
As of 2020-10-16
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2020-12-18
As of 2020-12-15
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2021-02-19
As of 2021-02-16
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2021-04-30
As of 2021-03-26
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2021-04-30
As of 2021-07-27
Raising $10,000 -$2,000,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2021-10-27
As of 2021-10-25
Raising $10,000 -$2,000,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2022-01-25
As of 2022-11-17
Raising $50,000 -$2,000,000 via 20,000+ shares of series CF Non-Voting Preferred Stock at $2.50 per share
Deadline: 2023-03-17
Filing date2020-05-202021-07-272022-11-17
Current employees111
Act received most recent fiscal year$0.00$0.00$0.00
Act received prior fiscal year$0.00$0.00$0.00
Cash equi most recent fiscal year$6,507$50,537$321,777
Cash equi prior fiscal year$851.00$6,507$50,537
Cost goods sold most recent fiscal year$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00
Long term debt most recent fiscal year$707,656$0.00$0.00
Long term debt prior fiscal year$307,870$708,656$0.00
Net income most recent fiscal year-$464,417.00-$673,858.00-$699,149.00
Net income prior fiscal year-$492,333.00-$475,727.00-$673,858.00
Revenue most recent fiscal year$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00
Short term debt most recent fiscal year$185,967$461,777$409,490
Short term debt prior fiscal year$129,818$196,278$461,177
Tax paid most recent fiscal year$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00
Total asset most recent fiscal year$174,856$263,767$618,527
Total asset prior fiscal year$167,543$174,856$263,767

Financial Reports

Offering History

As of 2020-05-20
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2020-08-18
As of 2020-08-13
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2020-10-19
As of 2020-10-16
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2020-12-18
As of 2020-12-15
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2021-02-19
As of 2021-02-16
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2021-04-30
As of 2021-03-26
Raising $10,000 -$1,070,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2021-04-30
As of 2021-07-27
Raising $10,000 -$2,000,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2021-10-27
As of 2021-10-25
Raising $10,000 -$2,000,000 via 8,000+ shares of class B Non-Voting Common Stock at $1.25 per share
Deadline: 2022-01-25
As of 2022-11-17
Raising $50,000 -$2,000,000 via 20,000+ shares of series CF Non-Voting Preferred Stock at $2.50 per share
Deadline: 2023-03-17
Filing date2020-05-202021-07-272022-11-17
Current employees111
Act received most recent fiscal year$0.00$0.00$0.00
Act received prior fiscal year$0.00$0.00$0.00
Cash equi most recent fiscal year$6,507$50,537$321,777
Cash equi prior fiscal year$851.00$6,507$50,537
Cost goods sold most recent fiscal year$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00
Long term debt most recent fiscal year$707,656$0.00$0.00
Long term debt prior fiscal year$307,870$708,656$0.00
Net income most recent fiscal year-$464,417.00-$673,858.00-$699,149.00
Net income prior fiscal year-$492,333.00-$475,727.00-$673,858.00
Revenue most recent fiscal year$0.00$0.00$0.00
Revenue prior fiscal year$0.00$0.00$0.00
Short term debt most recent fiscal year$185,967$461,777$409,490
Short term debt prior fiscal year$129,818$196,278$461,177
Tax paid most recent fiscal year$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00
Total asset most recent fiscal year$174,856$263,767$618,527
Total asset prior fiscal year$167,543$174,856$263,767

Company Information

Corporation
DE
2014-09-17

Latest Metrics

Employees1
Total Assets$174,856
Cash on Hand$6,507
Revenues$0.00
Net Income-$464,417.00

Crowdfunding Portals

This company is raising funds through this portal