Powell Development Group Inc.

Powell Development Group Inc. logo via Clearbit

Profile

According to their SEC filings, Powell Development Group Inc. is a Corporation organized in NV on 03-20-2013. They report having 5 employee(s), and revenue in their most-recent fiscal year of $24,947.59 and $23,115.63 the prior year.

Location

2600 W. 225TH STREET

TORRANCE, CA 90505

Equity Crowdfunding Campaigns

Reg CF Offering from Powell Development Group Inc. (Active)

Campaign Details

According to their SEC filings, Powell Development Group Inc. is raising $9,999.36 (up to a maximum of $1,069,999.84) in Common Stock via StartEngine with a current deadline of 02-12-2019.

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

6 percent

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

N/A

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 $24,947.59 $23,115.63
Cost of Goods Sold $35,005.50 $15,930.42
Taxes Paid $-326.00 $0.00
Net Income $-63,136.31 $-20,742.82

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $7,266.50 $35,977.16
Accounts Receivable $0.00 $0.00
Short-term Debt $255.00 $0.00
Long-term Debt $5,878.33 $3,878.33

Complete Reg CF filings list for Powell Development Group Inc.

  • [2018-12-10T14:59:09+00:00] Powell Development Group Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.36 via StartEngine. The nature of the amendment was described as follows:

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

    File number: 020-23904

  • [2018-10-15T12:33:23+00:00] Powell Development Group Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.36 via StartEngine. The nature of the amendment was described as follows:

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

    File number: 020-23904

  • [2018-07-06T14:04:48+00:00] Powell Development Group Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.36 via StartEngine. The nature of the amendment was described as follows:

    The issuer is increasing their maximum funding goal and extending their offering.

    File number: 020-23904

  • [2018-06-22T17:35:50+00:00] Powell Development Group Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.36 via StartEngine. The nature of the amendment was described as follows:

    Extending campaign end date.

    File number: 020-23904

  • [2018-04-23T21:10:06+00:00] Powell Development Group Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.36 via StartEngine. The nature of the amendment was described as follows:

    Extending campaign end date and updating 2017 financials

    File number: 020-23904

  • [2018-01-09T15:11:53+00:00] Powell Development Group Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $9,999.36 via StartEngine. The nature of the amendment was described as follows:

    Updating end date before company goes live

    File number: 020-23904

  • New Filing Form C

    [2018-01-08T18:06:24+00:00] Powell Development Group Inc. filed a Form C to raise a target amount of $9,999.36 (up to a maximum of $106,999.20) of Common Stock via StartEngine.

    File number: 020-23904