Gravity Power, LLC

CIK: 1757969CAIncorporated: 2008-11-17

Current Offering

$10,000
Target Amount
$106,998
Maximum Amount
2019-02-08
Deadline

Security Details

Type: Membership Units
Price per share: $1.16
Shares offered: 8,621+

Offering Costs

Cash commission: 5%
Up to 4.9% of amount raised for a successful offering
Equity compensation: 0%
None.

Financial Reports

Offering via NetCapital Funding Portal Inc.

Offering History

As of 2018-11-08
Raising $10,000 -$106,998 via 8,621+ shares of membership Units at $1.16 per share
Deadline: 2019-02-08
Filing date2018-11-08
Current employees3
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$7,037
Cash equi prior fiscal year$9,687
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$1,415,563
Long term debt prior fiscal year$1,326,363
Net income most recent fiscal year-$252,672.00
Net income prior fiscal year-$403,408.00
Revenue most recent fiscal year$369,180
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$0.00
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$176,423
Total asset prior fiscal year$191,095

Company Information

Limited Liability Company
CA
2008-11-17

Latest Metrics

Employees3
Total Assets$176,423
Cash on Hand$7,037
Revenues$369,180
Net Income-$252,672.00

Crowdfunding Portals

This company is raising funds through this portal