Gravity Power, LLC

Gravity Power, LLC logo via Clearbit

Profile

According to their SEC filings, Gravity Power, LLC is a Limited Liability Company organized in CA on 11-17-2008. They report having 3 employee(s), and revenue in their most-recent fiscal year of $369,180.00 and $0.00 the prior year.

Company Description

"Gravity Power, privately-held company developing novel grid-scale energy storage system for global commercialization called the Gravity Power Module Energy."

Website: http://www.gravitypower.net

Sector: Industrials

Industry: Electrical Equipment

Twitter: GravityPowerGPM

LinkedIn: gravity-power-llc

Location

5735B Hollister Avenue

Suite B

Goleta, CA 93117

Equity Crowdfunding Campaigns

Reg CF Offering from Gravity Power, LLC (Previous)

Campaign Details

According to their SEC filings, Gravity Power, LLC previously ran a Regulation Crowdfunding campaign to raise $10,000.36 (up to a maximum of $106,998.40) in Membership Units via NetCapital before a deadline of 02-08-2019.

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

Up to 4.9% of amount raised for a successful offering

In addition to any direct compensation, Gravity Power, LLC reported that NetCapital would also receive the following financial interest in the offering:

None.

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 $369,180.00 $0.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-252,672.00 $-403,408.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $7,037.00 $9,687.00
Accounts Receivable $0.00 $0.00
Short-term Debt $0.00 $0.00
Long-term Debt $1,415,563.00 $1,326,363.00

Complete Reg CF filings list for Gravity Power, LLC

  • New Filing Form C

    [2018-11-08T15:20:50+00:00] Gravity Power, LLC filed a Form C to raise a target amount of $10,000.36 (up to a maximum of $106,998.40) of Membership Units via NetCapital.

    File number: 020-24882