HydroPhi Technologies Group, Inc., Corporation just filed form D regarding $201,666 financing. HydroPhi Technologies Group, Inc. was able to sell $201,666. That is 100.00% of the offering. The total offering amount was $201,666. The private financing document was filled on 2015-04-20. The reason for the financing was: unspecified.
HydroPhi Technologies Group, Inc. is based in Georgia. The filer’s business is Other Energy. The form was signed by Roger M. Slotkin President, Chief Executive Officer, Director. The company was incorporated in 2010.
Analysis of HydroPhi Technologies Group, Inc. Offering
On average, companies in this industry sell 65.00% of the total offering size. The filler sold 100.00% of the offering. Could this mean that the trust in HydroPhi Technologies Group, Inc. is high?
What is Form D & Financing Information Used For
Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.
04/20/2015
