# 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 2016-11-21. Target raise $25K, up to $100K. Offered through Wefunder Portal LLC.

## Offering

- Filed: 2016-11-21
- Form: C
- Accession: 0001670254-16-000203
- Target amount: $25K
- Maximum amount: $100K
- Security type: Other
- Securities offered: 25,000
- Price: $1.0000
- Deadline: 2017-05-12
- Funding portal / intermediary: Wefunder Portal LLC
- Intermediary file number: 007-00033
- Intermediary CRD: 283503

## Issuer

- CIK: 0001689081
- Website: http://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): $20K
- Cash (most recent): $18K
- Revenue (most recent): $5K
- Revenue (prior): $375
- Net income (most recent): $-43K
- Net income (prior): $-32K
- Long-term debt: $278

## People (7)

| Name | Role | Location |
| --- | --- | --- |
| Packy Mcfarland | VP Direct Response TV and Advertising | Torrance, CA |
| Rod Jones | VP Marketing | Torrance, CA |
| Rodney C Jones | V.P. New Product Launch & Marketing | Torrance, CA |
| George Mcfarland | Owner | Torrance, CA |
| Charles Powell | Founder and CEO | Torrance, CA |
| Charles Powell | President and CEO | Torrance, CA |
| Charles Powell | President, CEO | Torrance, CA |

## Reg CF filing history (2)

| Filed | Form | Target | Max |
| --- | --- | --- | --- |
| [2017-04-28](https://search.stillhousedata.com/formc/0001670254-17-000078) | C/A | $25K | $100K |

## More

- [CIK 1689081 on SEC EDGAR (source of record)](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1689081&type=&dateb=&owner=include&count=40)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/formc/0001670254-16-000203.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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