GeoOrbital Inc.

GeoOrbital Inc. logo via Clearbit

Profile

According to their SEC filings, GeoOrbital Inc. is a Corporation organized in DE on 08-07-2014. They report having 7 employee(s), and revenue in their most-recent fiscal year of $2,046,883.00 and $36,764.00 the prior year.

Company Description

"Make pedaling your bike optional by replacing your regular front wheel with a GeoOrbital - in 60 seconds and without tools."

Website: http://www.geoo.com/

Sector: Consumer Discretionary

Industry: Consumer Goods

Twitter: GeoOrbital

Facebook: geoorbital

LinkedIn: geoorbital

Location

17 PROPERZI WAY,

SOMERVILLE, MA 02413

Equity Crowdfunding Campaigns

Reg CF Offering from GeoOrbital Inc. (Active)

Campaign Details

According to their SEC filings, GeoOrbital Inc. is raising $9,996.00 (up to a maximum of $1,069,992.00) in Common Non-Voting Shares via StartEngine with a current deadline of 02-11-2019.

As compensation for managing the offering, StartEngine is being compensated as follows:

6 percent

In addition to any direct compensation, GeoOrbital Inc. reports that StartEngine will also receive the following financial interest in the offering:

N/A

Reg CF Offering from GeoOrbital Inc. (Previous)

Campaign Details

According to their SEC filings, GeoOrbital Inc. previously ran a Regulation Crowdfunding campaign to raise $0.00 (up to a maximum of $0.00) in via before a deadline of .

As compensation for managing the offering, reported being compensated as follows:

In addition to any direct compensation, GeoOrbital Inc. reported that would also receive the following financial interest in the offering:

GeoOrbital Inc. filed the following progress report with the SEC at the end of their campaign:

At the close of the offering, the amount closed on is $1,070,000.00 and 1,070,000 number of securities sold, final amount subject to change pending final receipt of committed investments.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $2,046,883.00 $36,764.00
Cost of Goods Sold $2,001,604.00 $59,130.00
Taxes Paid $0.00 $0.00
Net Income $-831,330.00 $-534,783.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $103,311.00 $407,725.00
Accounts Receivable $170,922.00 $0.00
Short-term Debt $1,302,152.00 $1,625,238.00
Long-term Debt $805,838.00 $170,000.00

Complete Reg CF filings list for GeoOrbital Inc.

  • [2018-12-11T14:35:53+00:00] GeoOrbital Inc. filed a fundraising progress report (Form C-U) with the following update: "At the close of the offering, the amount closed on is $1,070,000.00 and 1,070,000 number of securities sold, final amount subject to change pending final receipt of committed investments."

    File number: 020-24777

  • [2018-12-07T12:17:06+00:00] GeoOrbital Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,996.00 via StartEngine. The nature of the amendment was described as follows:

    Issuer is extending the length of their campaign by 60 days.

    File number: 020-24777

  • New Filing Form C

    [2018-10-10T14:53:26+00:00] GeoOrbital Inc. filed a Form C to raise a target amount of $9,996.00 (up to a maximum of $1,069,992.00) of Common Non-Voting Shares via StartEngine.

    File number: 020-24777

  • [2018-09-28T13:34:42+00:00] GeoOrbital Inc. filed a Form C-AR/A.

    File number: 020-23397

  • [2018-05-09T15:25:40+00:00] GeoOrbital Inc. filed a Form C-AR/A.

    File number: 020-23397

  • [2018-04-30T16:46:38+00:00] GeoOrbital Inc. filed a Form C-AR.

    File number: 020-23397

  • [2018-04-19T19:15:40+00:00] GeoOrbital Inc. filed a fundraising progress report (Form C-U) with the following update: "At the close of the offering, the amount closed on is $1,070,000.00 and 1,070,000 number of securities sold, final amount subject to change pending final receipt of committed investments."

    File number: 020-23397

  • [2018-02-28T19:24:32+00:00] GeoOrbital Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via StartEngine. The nature of the amendment was described as follows:

    Issuer will be extending the end date of their offering and removing a board member.

    File number: 020-23397

  • [2018-01-16T14:20:08+00:00] GeoOrbital Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via StartEngine. The nature of the amendment was described as follows:

    Issuer will be extending the end date of their offering

    File number: 020-23397

  • [2017-12-14T16:23:46+00:00] GeoOrbital Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via StartEngine. The nature of the amendment was described as follows:

    Updated offering document not included in previous amendment

    File number: 020-23397

  • [2017-12-01T19:12:31+00:00] GeoOrbital Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via StartEngine. The nature of the amendment was described as follows:

    Extending the end date and added a new executive officer.

    File number: 020-23397

  • [2017-10-17T21:22:04+00:00] GeoOrbital Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via StartEngine. The nature of the amendment was described as follows:

    Annual report clarification and issuer is extending the end date of their offering.

    File number: 020-23397

  • [2017-09-18T20:03:09+00:00] GeoOrbital Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via StartEngine. The nature of the amendment was described as follows:

    Issuer is extending the end date of their offering by 30 days.

    File number: 020-23397

  • [2017-07-31T19:45:00+00:00] GeoOrbital Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via StartEngine. The nature of the amendment was described as follows:

    Issuer is extending the end date of their offering.

    File number: 020-23397

  • New Filing Form C

    [2017-05-23T11:55:24+00:00] GeoOrbital Inc. filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $1,000,000.00) of Common Non-Voting Shares via StartEngine.

    File number: 020-23397