Pure-Light Technologies

Underweight
BETA

Pure-Light has invented a new type of LED Bulb--Makes all other bulbs Obsolete!

Analytics

Raised to Date: $150,437

Aggregate Commitments $
Platform

Wefunder

Start Date

10/20/2020

Close Date

01/13/2021

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$30,000,000

Discount Rate

0%

Weekly Commitments $
Status

Active

Reporting Date

11/25/2020

Days Remaining

45

% of Min. Goal

301%

% of Max. Goal

60%

Likelihood of Max
Avg. Daily Raise

$4,179

# of Investors

197

Momentum
Location

Rigby, ID

Industry

Energy, Power, & Natural Resources

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

Pure-Light Technologies, with a valuation cap of $30 million, is raising funds on Wefunder. The company has invented a new type of LED bulbs using the new PLT Super-Oxygen technology. The PLT bulbs not only light up rooms but also provide air and surface purification. They reduce pathogens, including bacteria and viruses, from the environment. Roger K Young founded Pure-Light Technologies in 2015. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for marketing and promotions, research and development on new products, and increasing the light bulb inventory. Pure-Light Technologies has over 7,000 customers and $1.3 million in sales.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$125,511

$921,055

COGS

$4,220

$234,342

Tax

$0

$0

 

 

Net Income

$4,211

$-166,107

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$5,922

$12,622

Accounts Receivable

$0

$0

Total Assets

$92,588

$99,475

Short-Term Debt

$60,316

$198,434

Long-Term Debt

$0

$0

Total Liabilities

$60,316

$212,664

Ratings

last updated 11/29/2020

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Analyst Report

Underweight
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

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