OriginClear

OriginClear

Early Stage

The Water Company of The Future

The Water Company of The Future

Overview

Raised to Date: Raised: $134,625

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

08/17/2020

Close Date

Not Provided

Min. Goal
$500
Max. Goal
$19,145,000
Min. Investment

$500

Security Type

Equity - Preferred

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$25.00

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2021

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$598

Momentum
Funded
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Year Founded

2007

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Location

Los Angeles, California

OriginClear is raising funds on Dalmore Group through Reg A+ crowdfunding. The company aims to provide its expertise and technology to make clean water available for all. OriginClear licenses its technology to treat heavily polluted waters and is building a network of customer-facing water brands. OriginClear has also developed a WaterChain concept to fund the next generation of water recycling systems. T. Riggs Eckelberry founded OriginClear in 2007. The current crowdfunding campaign has no minimum target and a maximum target of $19,145,000. The campaign proceeds will be used for marketing communications, the online platform, G&A expenses, and legal fees.

Balance Sheet

Cash and Cash Equivalents

$513,926

Accounts and Notes Receivable

$570,900

Property, Plant and Equipment (PP&E)

$126,407

Total Assets

$1,286,678

Accounts Payable & Accrued Liabilities

$2,019,500

Long Term Debt

$746,294

Total Liabilities

$20,609,907

Total Stockholders' Equity

$-23,593,719

Total Liabilities and Equity

$1,286,678

Statement of Comprehensive Income Information

Total Revenues

$2,696,433

Costs & Expenses Applicable to Rev

$2,406,139

Depreciation and Amortization

$32,788

Net Income

$-8,318,040

Earnings Per Share - Basic

$-5.11

Earnings Per Share - Diluted

$-5.11

Auditor: M&K CPAS, PLLC
Financials as of: 08/17/2020
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OriginClear on Dalmore Group 2020
Platform: Dalmore Group
Security Type: Equity - Preferred
Price per Share: $25.00

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