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Security Type
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Common Stock
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Categories
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Technology, Infrastructure, Sustainability, Social Impact, Energy, Financial Services
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$1.07M
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No. Investors
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295
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Security Price
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$100
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Valuation
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$7,000,000
- Number of Employees
- 8
- Cash
- $45,439
- Revenue
- $914
- Short Term Debt
- $2,462,531
- Cost of Goods
- $70,102
- Long Term Debt
- $0
- Net Income
- $-669,621
Company Description
LEADING TECHNOLOGY: PP Technology captures 75% of sun's energy vs 20% for traditional solar tools
READY FOR MARKET: The PP product has 10+ years of R&D behind it and multiple test case studies
REVENUE: $20M Annual Revenue projected by 2025 (not guaranteed)
DIVERSIFIED VERTICALS: Industrial | Commercial | Agriculture | Military | Residential | Resorts
PROFITABILITY: Project On-Going Gross Margins around 45% (not guaranteed)
IMPACT: PP has committed to donating 5% of gross profits to disaster relief needs globally
COMPACT: 40% smaller than traditional PV with 750W output
Made in the USA, Patented Globally
Key Deal Facts
LEADING TECHNOLOGY: PP Technology captures 75% of sun's energy vs 20% for traditional solar tools
READY FOR MARKET: The PP product has 10+ years of R&D behind it and multiple test case studies
REVENUE: $20M Annual Revenue projected by 2025 (not guaranteed)
DIVERSIFIED VERTICALS: Industrial | Commercial | Agriculture | Military | Residential | Resorts
PROFITABILITY: Project On-Going Gross Margins around 45% (not guaranteed)
IMPACT: PP has committed to donating 5% of gross profits to disaster relief needs globally
COMPACT: 40% smaller than traditional PV with 750W output
Made in the USA, Patented Globally
Use of Proceeds
$50,000 |
94% general working capital needs of the Company; 6% towards Wefunder fee
|
$1,070,000 |
18% towards general working capital needs; 15% towards management team salaries; 46% towards sales & marketing costs; 15% towards 3 months Operating Overheard; 6% towards Wefunder fee
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Management Team / Advisory Board Bios
Rob Kornahrens, CEO; Garth Schultz, COO