Renewable Energy Products Manufacturing
Early Stage
Next Generation Solar Technologies
Overview
Raised: $80,031
Total Commitments ($USD)
Platform
StartEngine
Start Date
04/28/2022
Close Date
07/28/2022
Min. Goal
$10,000
Max. Goal
$1,050,000
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$5.00
Pre-Money Valuation
$21,003,165
Rolling Commitments ($USD)
Status
Funded
Reporting Date
07/30/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$889
# of Investors
127
Momentum
Funded
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Year Founded
2021
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Renewable Energy Products Manufacturing, with a valuation of $21 million, is raising funds on StartEngine. The company is working on revolutionizing solar energy with its multiple enhancements. The innovative enhancements of REPM are designed to increase the longevity, output, and productivity of solar panels. The patented technologies of REPM will make solar panels easier to install, cheaper to buy, more effective, and more heat resistant. Renewable Energy Products Manufacturing is led by an experienced team and has 40 MW of projects in development. John Conte founded Renewable Energy Products Manufacturing in June 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,050,000. The campaign proceeds will be used to file new patents and demonstrate new technologies.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$69,000 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-160,431 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$12,000 |
$0 |
|
Total Assets |
$21,310 |
$0 |
|
Short-Term Debt |
$84,089 |
$0 |
|
Long-Term Debt |
$30,000 |
$0 |
|
Total Liabilities |
$114,089 |
$0 |
Financials as of: 04/28/2022
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