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Powell Development Group

Reg CF · Common Stock · Jan 2018

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$163.7K / $1.1M max
15% of ceiling · target hit day 300
Investors
222
$727.8 avg
Post-money valuation
$3.2M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$156K$78K$0
2181090
Jan 9, 2018 · openedJan 21, 2019 · last reading
Target ($10K) hit — Nov 5, 2018, day 300Deadline Feb 12, 2019 — 22 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via StartEngine, last checked Oct 4, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2015–FY2016 · hover for source
$5K
−$43K
FY2015
$21K
−$21K
FY2016
RevenueNet income
Metric
FY2015 audited*
FY2016 audited*
Income statement
Revenue
$5,002
$21,487
Cost of goods sold
$11,955
$15,930
Gross margin
-139%
26%
Net income
-$42,971
-$20,743
Taxes paid
$0
$0
Balance sheet
Cash
$17,678
$35,977
Accounts receivable
$0
$0
Total assets
$20,254
$38,692
Short-term debt
$0
$0
Long-term debt
$278
$3,878
Total liabilities
$278
$3,878
Other
Headcount
5
5

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

6 amendments
  1. Dec 10, 2018
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Oct 15, 2018
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  3. Jul 6, 2018
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  4. Jun 25, 2018
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  5. Apr 24, 2018
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  6. Jan 9, 2018
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Pre-money$3M
Post-money$3.2M
Price / share$1.12
Shares offered8,928

Offering details

Target$9,999
Max$1,070,000
Min investment$224
OpenedJan 9, 2018
DeadlineFeb 12, 2019
ClosedJan 21, 2019
Days active377

Links & provenance

Campaign pagePitch videoSEC filing
Source: SEC EDGAR
0001665160-18-000018
Last synced Sep 6, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.