FAQ

What Does CWT Do?

We Manufacture a line of the most advanced point-of-entry water purifications anywhere. Called Caripur H2O, our ultrafiltration based purifiers are designed to purify water as it enters your home or building. They use almost no energy and will run from solar energy. They remove harmful elements from water including bacteria, viruses, parasites, pesticides, chlorine. A minicomputer monitors the system, the water, and controls purging. They operate 5-7 years before requiring minor maintenance.

Where do you expect to be in 5 years?

By year five we expect to sell a minimum of 25,000 units annually, which is only 5% of the market which is approximately 500,000 cisterns. This will net us approx. $99,333,000.00 annually. We are the only such technology in this space, with the exception of Reverse Osmosis, which owns a very small part of the residential and commercial marketplace.

Who are you working with in the U.S. Virgin Islands?

We are in collaboration with the University of The Virgin Islands and HBCU to evolve our technology, provide work study for the students and to support their new engineering courses.

Why did you choose this idea? Why do you care?

Water purification choose us. We were led to address a problem that was just lingering. We saw that the Caribbean gets millions of gallons of water from the sky, but still buy significant amounts of bottled water.

We care because we have all seen how quickly businesses can fail and how fast a community shuts down when a company picks up and moves. This has been occurring in the Caribbean, we intend to help in whatever manner we can, because I care and because CWT cares.

We have the potential to be larger than companies such as Google, Pixar, Tesla, and Uber because what we make preserves life and all of life needs it.

How far along are you? What’s your biggest obstacle?

We are currently selling and installing units. Our biggest obstacle is people not finding out about this awesome technology.

Who competes with you? What do you understand that they don’t?

Bottled water is our biggest competitor. The bottled water presence in the Caribbean is substantial and will be unwilling to allow any competitors, because bottled water more than a convenance there, bottled water is use for everything from cooking to brushing teeth. We understand that if you have water delivered freely from the sky, you should be able to use it for your everyday needs and not have to buy extra water to accomplish that while polluting the environment with plastic.

How will you make money?

CWT will make money by creating the most efficient, cost effective, green technology in the world… and then selling it.

What are the biggest risks? If you fail, what would be the reason? What must go right for you to succeed?

The reason we would fail, is if a superior, technology that was also cheaper suddenly appears and disrupts the market. That would be us, so we only need to make the public aware of our technology to succeed.

Any tips for a first-time investor?

– Never invest more than you can afford to lose. Do not invest so much that it would impact your lifestyle or retirement plans.
– Only invest in what you understand. Preferably, a product or mission that you love, such as water!

I’ve been waitlisted. What’s that?

Some investors are waitlisted when so many people apply to invest that the company receives more money than they can legally accept. Instead of reducing the size of everyone’s investment, founders may choose which investors to accept and may prioritize those who can help the most.

You can decrease your chance of being waitlisted by applying to invest early, connecting your social networks, and filling out your profile.

After I invest, how often should I expect updates?

CWT will send out reports once a quarter.

Is this investment platform regulated?

Yes, it is regulated by the Securities and Exchange Commission (SEC) and The Financial Industry Regulatory Authority (FINRA)

Will my investment gain in value and when can I sell or cash them out?

Yes, it can, as the company becomes more successful, your stock becomes more valuable. Cash-out even is if the company is sold, or goes public (IPO).

Will my percentage ownership be diluted?

Yes. An equity stake will almost certainly be diluted. Successful startups host many rounds of financings, all the way to an IPO. For each financing, the startup issues additional stock to the new investors. As long as the value of the company increases with each funding round, this is healthy and normal.

For example, the first investor in Facebook, Peter Thiel, originally purchased ~10% of the company for $500,000. By 2011, that stake was diluted down to under 3%, but estimated to be worth ~$2 billion.

How long before I see a return

Typically, dividends are a percentage of profits. Therefore, the amount of time to see a return depends on how profitable the business is.

What are my payment options?

You can pay using a bank transfer, check, credit card, or wire transfer. If you choose to pay by credit card, there is a $10,000 limit.

What fees do investors pay?

For payments made by bank ACH, wires, or checks, there is a transaction fee of 2%, with a minimum of $8 and a max of $100.

For credit cards, there is a 3.5% fee.

Can I cancel my investment and get a refund?

Yes. You can change your mind anytime up to 48 hours before a close, and you will receive a full refund, including any fees. Unfortunately, investments cannot be cancelled within the 48 hour window.

How much am I allowed to invest?

Everyone can invest as little as $100 as much as $10,000 per individual.

Can I add a spouse or beneficiary to my investment?

No. Each contract must be between the individual investor and the founder of the company receiving the investment.