# Powell Development Group, Inc. — Form C (Regulation Crowdfunding)

Powell Development Group, Inc. of Torrance, CA filed a Form C (Regulation Crowdfunding) with the SEC on 2018-01-09. Target raise $10K, up to $107K. Offered through StartEngine Capital, LLC.

## Offering

- Filed: 2018-01-09
- Form: C
- Accession: 0001665160-18-000018
- Target amount: $10K
- Maximum amount: $107K
- Security type: Common Stock
- Securities offered: 8,928
- Price: $1.1200
- Deadline: 2018-04-09
- Funding portal / intermediary: StartEngine Capital, LLC
- Intermediary file number: 007-00007

## Issuer

- CIK: 0001701378
- Website: www.galacticcap.com
- Legal status: Corporation
- Organized in: NV
- Incorporated: 2013-03-20
- Address: 2600 W. 225th Street, Torrance, CA, 90505
- Employees: 5

## Financials (as filed)

- Total assets (most recent): $39K
- Cash (most recent): $36K
- Revenue (most recent): $21K
- Revenue (prior): $5K
- Net income (most recent): $-21K
- Net income (prior): $-43K
- Long-term debt: $4K

## People (3)

| Name | Role | Location |
| --- | --- | --- |
| Charles Powell | CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer | Torrance, CA |
| Charles Powell | Charles Powell | Torrance, CA |
| Charles Powell | Founder | Torrance, CA |

## Reg CF filing history (11)

| Filed | Form | Target | Max |
| --- | --- | --- | --- |
| [2020-03-09](https://search.stillhousedata.com/formc/0001701378-20-000001) | C-TR | — | — |
| [2019-07-29](https://search.stillhousedata.com/formc/0001665160-19-000812) | C-U | $10K | $1.1M |
| [2019-04-26](https://search.stillhousedata.com/formc/0001701378-19-000001) | C-AR | — | — |
| [2019-01-28](https://search.stillhousedata.com/formc/0001665160-19-000113) | C-U | $10K | $1.1M |
| [2018-12-10](https://search.stillhousedata.com/formc/0001665160-18-001327) | C/A | $10K | $1.1M |
| [2018-10-15](https://search.stillhousedata.com/formc/0001665160-18-001072) | C/A | $10K | $1.1M |
| [2018-07-06](https://search.stillhousedata.com/formc/0001665160-18-000668) | C/A | $10K | $1.1M |
| [2018-06-25](https://search.stillhousedata.com/formc/0001665160-18-000597) | C/A | $10K | $107K |
| [2018-04-24](https://search.stillhousedata.com/formc/0001665160-18-000336) | C/A | $10K | $107K |
| [2018-01-09](https://search.stillhousedata.com/formc/0001665160-18-000021) | C/A | $10K | $107K |

## More

- [CIK 1701378 on SEC EDGAR (source of record)](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1701378&type=&dateb=&owner=include&count=40)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/formc/0001665160-18-000018.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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