Analytics
Raised:
$303,553
Fairness – Widespread
$39,970,598
10/13/2022
Chandler, Arizona
Transportation, Automotive, Aviation, & Aerospace
GACW, with a valuation of $40 million, is elevating funds on StartEngine. The corporate has reinvented the wheel by designing its patented Air Suspension Wheel. The wheel of GACW is an airless mechanical one product of metal with in-wheel pneumatic suspension. GACW’s inexperienced expertise gives an economical and eco-friendly different to pollutive rubber tires. The testing of GACW’s wheel resolution has been examined by international miners, and extra Beta exams are to start at mines websites in 2022. Dr. Zoltan Kemeny based GACW in November 2019. The present crowdfunding marketing campaign has a minimal goal of $9,999.36 and a most goal of $1,643,826.24. The marketing campaign proceeds will probably be used for the set up of the ASWs in Chile and Australia.
Abstract Revenue and Loss Assertion
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Income |
$0 |
$0 |
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COGS |
$0 |
$0 |
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Tax |
$0 |
$0 |
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Internet Revenue |
$-1,761,654 |
$-2,057,331 |
Abstract Stability Sheet
|
Money |
$50,883 |
$37,310 |
|
Accounts Receivable |
$0 |
$0 |
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Whole Belongings |
$1,366,056 |
$471,527 |
|
Brief-Time period Debt |
$2,752,943 |
$330,155 |
|
Lengthy-Time period Debt |
$113,063 |
$1,446,182 |
|
Whole Liabilities |
$2,866,006 |
$1,776,337 |
Financials as of: 07/26/2022
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A current research estimates that rubber tires account for as a lot as 10% of all microplastic waste on the earth’s oceans. One other research says 28%.
Rubber tires must go. And the earlier the higher. Governments are starting to impose necessities on how rubber tires are disposed of.
Whereas a step in the suitable path, it’s not almost ok.
The one actual long-term resolution is eliminating rubber tires altogether. And the primary trade that has essentially the most to achieve from switching to non-rubber tires is mining.
Thanks to 1 modern startup — World Air Cylinder Wheels (GACW) — it’s taking place proper now.
