Industry:
General

Security Type:
Other

Opportunity

Date Filed:
May 20, 2020

Date Expires:
August 19, 2020

Open to Investors

Valuation:
$13.1M

Platform:
StartEngine

Use of Proceeds

StartEngine Platform Fees: 3.5%

Additional StartEngine Fees & EscrowAgent Fees (estimated): 4.5%

Operations: 20.0%

Sales and Marketing: 35.0%

Other Offering Expenses (estimated): 5.0%

Engineering: 14.0%

Repayment of Existing Liabilities: 15.0%

CapEx: 3.0%

Management

John R. (Grizz) Deal
 - 
Director, Executive Chairman & Chief Executive Officer
Randall Wilson - Director & Chief Financial Officer
Deborah Deal-Blackwell, APR - 
Chief Marketing Officer
Dr. Robert Libutti
 - Director & Chief Product Strategist
Dr. Otis (Pete) Peterson, Ph.D. - 
Chief Technology Officer
Dr. Jeri Sullivan
 - Inventor
Paul Gatzemeier - Director
John Michael Bell - Director

Deal Structure

Security Name: Class B Non-Voting Common Stock

Price per Share: $1.25

Deal Perks

• $500+ | Investor Community Access: Receive updates about IX Water through our quarterly newsletter & Semi-Annual "Open Mic with IX Force" web call.
• $1,000+ | Stream: Receive 2% bonus shares plus a free IX Water “Water to Save the World” T-Shirt (International investors will be asked to pay for shipping.)
• $2,500+ | River: Receive 5% bonus shares plus IX Water “Water to Save the World” T-Shirt and travel mug (International investors will be asked to pay for shipping.)
• $5,000+ | Lake: Receive 8% bonus shares plus IX Water tabletop meditation fountain plus IX Water “Water to Save the World” T-Shirt and travel mug (International investors will be asked to pay for shipping.)
• $10,000+ | Sea: 10% bonus shares plus invite to tour our facility to meet the IX-Force ("Our Team").
• $25,000+ | Ocean: 10% bonus shares plus accompany IX Water CEO, John "Grizz" Deal, on a sales & marketing trip (location and details to be determined) to meet customers and/or prospects.
• *All perks occur after the Offering is completed. Investor pays travel costs, accommodations provided.

Additional Reports

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Key Deal Facts

• A $75 billion annual market in need: 150 billion barrels of oil & gas produced water going to waste
• Experienced team with 20+ years in Department of Energy innovations, leveraging patented technology developed in Los Alamos Laboratory
• A ground breaking product: IX Water's proprietary and environmentally friendly technology cuts current costs by 50%

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