Global Composite Piping Solutions

Help us save six billion gallons of water every day with new patented pipe
Overview
Raised: $286,769
Total Commitments ($USD)
Wefunder
09/12/2022
04/30/2023
$100,000
$5,000,000
$100
Equity - Preferred
Pre-Seed
RegCF
$1.00
$100,000,000
Rolling Commitments ($USD)
Active
02/04/2023
85
287%
6%
$1,978
254
The Woodlands, Texas
Energy, Power, & Natural Resources
Hardwaretech
B2B
Medium
High
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 |
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Global Composite Piping Solutions’ large-diameter thermoplastic pipes are made by fusing together multiple layers of tough and corrosion-resistant materials. These pipes could be a natural successor to concrete pipelines. They’re lighter… easier to install… and offer much lower upfront and maintenance costs while still being able to hold high pressure.
Hundreds of concrete pipelines in the US (and thousands globally) that were originally laid down decades ago are now suffering from severe corrosion and serious leaks. They need to be replaced.
The problem has become so extensive that the American Water Works Association (AWWA) calls our current period “The Replacement Era.”
The problem is real, large, and looming. And GPCS has a great solution.