Global Composite Piping Solutions

Growth Stage

Help us save six billion gallons of water every day with new patented pipe

Analytics

Raised to Date: Raised: $251,484

Aggregate Commitments $

Platform

Wefunder

Start Date

09/12/2022

Close Date

04/30/2023

Min. Goal

$100,000

Max. Goal

$5,000,000

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$1.00

Pre-Money Valuation

$100,000,000

Rolling Commitments $

Status

Active

Reporting Date

10/02/2022

Days Remaining

210

% of Min. Goal

251%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$12,574

# of Investors

182

Momentum
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Location

The Woodlands, Texas

Industry

Energy, Power, & Natural Resources

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

Global Composite Piping Solutions, with a valuation of $100 million, is raising funds on Wefunder. The company has developed its patented large diameter, high-pressure pipelines. The innovative thermoplastic composite pipe technology of Global Composite Piping Solutions reduces weight and increases pressure capabilities of pipes and will spark new development opportunities across a variety of markets. Global Composite Piping Solutions has signed an LOI for a $150 million international pipeline project. Douglas Jones and Terry Shafer founded Global Composite Piping Solutions in April 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5 million. The campaign proceeds will be used for general operating expenses and accounts payable.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-408,514

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$500

$0

Accounts Receivable

$0

$0

Total Assets

$500

$0

Short-Term Debt

$408,514

$0

Long-Term Debt

$0

$0

Total Liabilities

$408,514

$0

Financials as of: 09/12/2022
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Global Composite Piping Solutions on Wefunder 2022
$
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $100,000,000

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