# Global Composite Piping Solutions, LLC

Help us save six billion gallons of water every day with new patented pipe 

## Elevator pitch
Manufactures patented high pressure, thermoplastic composite pipe.

- Canonical URL: https://wefunder.com/gcps
- Entity ID: wefunder:company:115306
- Last updated: 2026-06-16T05:02:49Z
- Generated at: 2026-06-16T05:41:53Z

## Quick facts
- Patented disruptive technology for large diameter, high pressure pipelines (Patent owned by Parent)
- Patented mobile manufacturing technology (Licensed to GCPS by GCPS Holdings)
- Signed LOI for significant $150MM+ international pipeline project
- Multi-trillion dollar pipeline market
- Non-corrosive pipe will save operators billions in maintenance and repair
- Customized pipe design for project-specific specifications
- Significantly lower manufacturing emissions than steel
- Addresses several of the UN's Global Goals for Sustainable Development

## Active fundraises
- wefunder:fundraise:62989: 4(a)(6) successful (USD)
- wefunder:fundraise:62990: 4(a)(6) successful (USD)

## Story
Help Us Change The Way Pipelines Are BuiltInvestors will be investing in Global Composite Piping Solutions, LLC ("GCPS"). GCPS is a subsidiary of GCPS Holdings, LLC (GCPS Holdings), and will have the exclusive global license for GCPS Holdings products. GCPS believes it has developed the next disruptive technology and it will change the way pipelines are built.Parent company, GCPS Holdings, has developed and patented an innovative, large-diameter thermoplastic composite pipe technology which dramatically reduces weight and increases pressure capabilities that equal or exceed steel pipe capabilities.We believe our technology will spark pipeline development opportunities across a large, global spectrum of markets and industries including water and wastewater, industrial, hydrogen and mining.GCPS Holdings has also developed and patented a mobile manufacturing process that allows large diameter pipelines to be manufactured at or near the project site or in remote areas where delivering prefabricated pipe is unfeasible or prohibitively expensive.GCPS Holding's patented mobile manufacturing technology offers significant cost advantages to pipeline infrastructure projects through an engineered, modular design that allows our manufacturing units to be nomadic, moving from project to project, rather than in a stationary location.GCPS recently signed a Letter of Intent (“LOI”) with a private agricultural development company to help design and manufacture a large diameter pipeline and distribution lines to bring water from a fresh water source to a new large agricultural development. By manufacturing in the foreign country, we will save the project tens of millions in transportation costs alone. The project is estimated to include approximately 85 miles of large diameter pipe and approximately 3,000 miles of smaller diameter pipe. GCPS’s revenue on this one project alone is projected to exceed $150 million (not guaranteed). We are also in discussions with several other potential project owners and as our technology becomes more visible, we expect many more industrial project operators to inquire about our new disruptive technologies.Pipelines are the most cost efficient and safest mode for transporting fluids, gases and chemically stable substances. There are millions of miles of transmission, distribution and gathering lines around the world. Pipelines transport water, wastewater, crude oil and refined petroleum, natural gas and biofuels, slurry, beer, hot water and steam.Pipelines are used for transporting water for drinking and irrigation over long distances and specifically in areas when it needs to move over hills, or where canals or channels are poor choices due to considerations of evaporation, pollution, or environmental impact.For decades, steel, lead and cast iron had been the primary materials for water pipelines but health concerns with lead poisoning and corrosion have been a significant and costly issue.The corrosion of steel piping and its related components is continuous and has proven to be an unstoppable process. According to a study by National Association of Corrosion Engineers International, the total annual cost of corrosion in 2016, including direct and indirect costs, was estimated at over USD $1.1 trillion in the United States and $2.5 trillion globally.Some pipe not only corrodes on the outside but also inside the pipe. Tuberculation is the development of small mounds of corrosion products on the inside of iron pipes. These mounds are reddish brown and of various sizes.This phenomenon generally happens in domestic water distribution systems where iron pipes are used for water supply. Tuberculation makes pipes rough inside, which can increase pumping costs and the pressure in the distribution system, while decreasing pump efficiency reducing the amount of water that can be transported.In the 1970s many water transmission pipelines were made with a form of concrete lined steel pipes known as prestressed concrete cylinder pipelines (PCCP).However, over time, PCCP pipes have become brittle and ruptures have become prevalent. Replacing these pipelines will cost hundreds of billions in the United States alone and trillions worldwide.In 2018, the EPA estimated that over the next 20 years the United States would require $472.6 billion to maintain and improve the nation’s drinking water infrastructure. Of the total, the EPA estimated it would cost approximately $312.6 billion just to replace or refurbish aging or deteriorating pipelines in the U.S.In an effort to address corrosion, an estimated $121 billion is spent annually in the United States on corrosion control chemicals, coatings, and other protective systems.  In addition, hundreds of millions more are spent just on corrosion monitoring and testing.Despite these efforts, pipeline breaks are happening all over the world on a regular basis. In the United States an estimated 240,000 water main breaks occur EVERY YEAR.It is estimated that the United States loses SIX BILLION gallons of drinking water EVERY DAY from leaking pipelines.Los Angeles Pipe BurstIn July 2014, a 30” main water line ruptured under Sunset Boulevard in Los Angeles near the UCLA campus. Approximately 20 million gallons of water flooded the area before the line could be safely shut off.Several buildings, parking garages and over 700 cars were flooded causing millions in damages.Click the link below for news report of the pipe break.In August 2020, the same pipeline burst again near the previous rupture.Rio de Janeiro Pipe BurstIn July 2013, a main water line burst in a neighborhood in Rio de Janeiro. The pressure force of the water was so strong that it destroyed dozens of homes, swept away vehicles, injured numerous residents and killed one three-year old girl.Click the link below for news report of line burst.In August 2020, another pipe in Brazil burst displacing over 2,000 people, damaging a dam and flooding a power plant.These are just two examples of the hundreds of thousands of ruptures that occur annually worldwide.Globally, billions of gallons of water are lost EACH YEAR from deteriorated pipes. Sewer and water leakages in underground pipelines have become a critical problem in most countries, developed and developing alike, worldwide.It is time for change.We can no longer continue to spend hundreds of billions of dollars building critical pipelines that are made from inferior materials that lead to catastrophic failures and then billions or trillions more to repair the mistakes. Repairs are not a long-term solution; we desperately need new pipelines that will not corrode or deteriorate. We need pipelines that provide a sustainable solution and preserve our water resources for future generations. Our composite reinforced thermoplastic technology is uniquely positioned to displace other types of large-diameter pipe including steel, PCCP, traditional HDPE, and fiberglass pipe.GCPS Holding’s patented technology for manufacturing high pressure, thermoplastic composite pipe is a disruptive new technology that will provide pipeline operators with new turnkey, industry wide solutions across all markets.Our technology and processes have increased flow and throughput performance which can reduce the necessary size of the pipe potentially saving the project millions in construction costs.Steel and concrete pipe are proven to be antiquated, extremely costly and dangerous materials for high pressure pipelines and should no longer be used for transporting any fluids or gases.In addition to providing superior performing pipe, our manufacturing process allows us to meet the specific needs of each customer through complete customization of both resin type and composite fibers.This complete customization capability is proprietary and represents a significant competitive advantage over any product currently available in the industry.Our technology and processes allow large diameter, high pressure pipelines to be constructed without the risk of corrosion and catastrophic failure of steel and PCCP pipelines. We estimate that our pipe will have a total service life at least twice as long as steel or PCCP pipe.Geographical expansion and escalating water shortages are creating a serious demand for the utilization of more dynamic, adaptive and sustainable piping solutions for water infrastructure. Remote locations for oil and gas production also requires new cost-effective solutions.Mobile Manufacturing TechnologyMobile production is a well-known way to reduce logistics and installation costs.Our equipment is skid-mounted and can be broken down and moved via shipping containers anywhere in the world, even in remote areas where delivery of pipe is extremely costly.Not only is our equipment designed to be transported by shipping containers but all of our raw material can be delivered to the project site in shipping containers. This significantly reduces the number of truckloads and cost associated with a pipeline project.This is a significant competitive advantage and makes our manufacturing units the most cost efficient in the industry.GCPS’s mobile manufacturing capability can save a project millions of dollars in transportation costs. Our mobile manufacturing directly reduces the cost of pipe transportation, secures product supply and provides an element of flexibility for the client during the period of construction.Manufacturing at or near the project site also significantly reduces the number of flatbed pipe haulers on the roads. This saves time, fuel, eliminates potential accidents, decreases traffic and reduces emissions.Transporting large diameter pipe via haulers or helicopters is expensive and requires potentially hundreds of trips to the project site.Even though our pipe will address significant issues in other markets and industries, our initial focus will be the water infrastructure market.Almost every country in the world faces the same crisis, a lack of safe drinking water for human, plant and animal consumption.The root cause is two-fold, we have depleted the vast majority of our natural safe drinking water from reservoirs and fresh-water lakes and rivers, and we have an aged and deteriorated pipeline infrastructure in critical need of repair or replacement.The World Economic Forum ("WEF") projects $100 trillion in global infrastructure investments by 2030.Of the $100 trillion, the WEF is projecting over 41% will be directly in the provision of water ($26.4 trillion), energy ($12.4 trillion), and agriculture ($2.5 trillion).According to the WEF, almost 25% of the world’s population is currently facing a water crisis and by 2025 they project it will exceed 60%.Less than 1% of the world’s freshwater is readily available for human consumption and demand is expected to increase 40% by 2030.The World Economic Forum has stated global investment in water infrastructure of approximately $26 trillion would be required by 2030.We believe the potential to be larger because our pipe will make new infrastructure developments possible that were previously unfeasible due to the high cost to manufacture and deliver pipe and more importantly, to maintain the pipe over decades of operation.According to Aqueduct and the World Resources Institute 17 Countries face extremely high water stress.The World Bank projects that water scarcity could cost some regions up to 6% of their GDP by 2050. In 2018, companies reported more than $38 billion in financial losses due to water challenges.One Emerging Solution is Desalination PlantsSeveral countries have begun to address their water crisis by building desalination plants. With each new plant, new pipelines must be built to transport the fresh water to the communities and agricultural developments.Desalination plants cost hundreds of millions or billions of dollars to build and require a long-term vision for water supply. Traditional pipeline options like steel or PCCP have made the long-term outlook challenging because of the very high maintenance cost to repair and replace these materials frequently.Our technology will make desalination plants significantly more economical and viable because the costs to maintain the transmission and distribution pipelines will decrease dramatically.The opportunity for countries to provide fresh drinking water to multiple communities is suddenly an economic possibility.However, GCPS’s technology is not limited to just water transmission pipelines, and is applicable across many industrial markets where extensive projects are being analyzed and budgeted.Regardless of the market, our products provide a decrease in construction costs and operation and maintenance expenses compared to steel and other types of pipe resulting in significant savings in total cost of project ownership.Valuation ExplainedBelow is an analysis of several publicly traded companies that are in the same industry or similar to GCPS and their market valuation and Price to Earnings Ratio (P/E Ratio). Notice that the companies that are above $10 billion in market value trade at a lower P/E Ratio, between about 11x-13x. All the companies that are below $10 billion in market value trade between 24x-34x earnings. In general, companies that have a potential higher growth rate will trade at a higher multiple and very large companies generally don’t have as high a potential growth rate as smaller companies. Consider CRH, their last twelve months net income was over $2.5 billion, to increase that by 20% is $500 million. By comparison, Northwest Pipe Company’s last twelve months net income was less than $13 million. So theoretically, the opportunity for Northwest to grow 20% is a much easier path than CRH and they consequently trade at a higher multiple. The two companies on the list that are most similar to GCPS and will be our closest competitors are Advanced Drainage Systems (NYSE WMS - P/E 34.2x) and Northwest Pipe Company (Nasdaq NWPX - P/E 25.1x). We believe these two companies are trading at higher multiples because they participate in the water infrastructure market, which as previously presented, is poised for potentially significant growth.  Based on our expected net income of $30 million from the one South American project that we have the signed LOI, our comparable valuation using WMS and NWPX P/E ratios would be between $750 million and $1 billion (not guaranteed). Environmentally FriendlyOur manufacturing process also produces significantly less carbon emissions as manufacturing steel pipe, providing a more environmentally friendly solution. In fact, our technology addresses several of the United Nations Global Goals for Sustainable Development.The time for change is now.Steel and PCCP pipe are not credible options for building long-term, ecologically friendly pipelines. Want to see change, make a difference and help the environment? Want to help communities and millions of people have access to safe drinking water?Then join us today as we launch our disruptive technologies and let’s change the way the world builds pipelines.Interview with CEO

## FAQ
1. **Do you have information on revenues, profits, and gross margin over the last few years? What patents do you have and are there links to those patents? I can't seem to find them on google patent.**
   - Isaac, thank you for your questions. Our two patents are U.S. Patent No. 8,944,113 (issued February 2015) and U.S. Patent No. 10,022,948 which was issued in July 2018. We are pre-revenue and I would like to take a moment to explain. Shortly after the second patent was issued we were introduced to SABIC's Nusaned Initiative Program ("NIP") as part of Saudi Arabia's Vision 2030 objectives. We were one of a very select few companies who were chosen to participate in the NIP from hundreds of appl...
2. **How binding is the signed LOI in the country that you signed the agreement? From your response to Isaac's question, I understand that the the likelihood of the project coming to fruition is almost guaranteed. Would you agree with that assessment?**
   - I would agree with that assessment. Several years and a lot of money has already been spent developing the project so I think the likelihood of it being completed is very high. Our LOI is very strong, and just as important, our client really wants us to establish a manufacturing operation in country and stay after the project is complete, however, we are not obligated to do so. We will be sending several of our mobile manufacturing units to produce the pipe for the project and if the demand w...
3. **Congrats on the $150M LOI. This is obviously a huge success and strong validation of your design. That said, can you share any information about future contracts/projects that are in discussion beyond that initial deal?**
   - We are actively pursuing other opportunities but do not want to oversell our capabilities because once the project in South America starts, it will be all encompassing and we need to make sure we execute it flawlessly. However, I think if we can secure a few smaller projects in the interim, we will aggressively pursue them.
4. **I couldn't find any US Patent/applications assigned to GCPS in the USPTO data base. Please identify.**
   - Steven, thank you for your question. Our patents are U.S. Patent No. 10,022,948 and U.S. Patent No. 8,944,113. You should be able to find them there.
5. **Are there loans on the company? How much is the interest rate? When will the financing round be completed?**
   - No, the Company does not have any loans outstanding. The offering will be listed until we reach the maximum offering size for a Regulation CF ($5 million), or up to six months. However, we can close it anytime before either milestone is met.

## Team
- Douglas Jones (Chief Executive Officer)
- Terry Shafer (Founder and Chief Operating Officer)
- Aaron Paulsey (Vice President Operations)
- Jay Miller (Chief Accounting Officer)
- Cameron Shafer (Special Project Manager)
- Martin Panelo (Business Development Advisor)
- Pablo Bustamante (Business Development Manager - South America)
- Emile Homsi (Advisory Board Member)
- Kacey Smart (Advisory Board Member)
- Jarvie Arnold (Advisory Board Member)

## Q&A
- Q: Do you have information on revenues, profits, and gross margin over the last few years? What patents do you have and are there links to those patents? I can't seem to find them on google patent.
  - A: Isaac, thank you for your questions. Our two patents are U.S. Patent No. 8,944,113 (issued February 2015) and U.S. Patent No. 10,022,948 which was issued in July 2018. We are pre-revenue and I would like to take a moment to explain. Shortly after the second patent was issued we were introduced to SABIC's Nusaned Initiative Program ("NIP") as part of Saudi Arabia's Vision 2030 objectives. We were one of a very select few companies who were chosen to participate in the NIP from hundreds of applicants. After more than a year of due diligence, we "graduated" from the program and were assigned a joint venture partner to establish operations in Jeddah. Our JV partner built a 250,000 sqft facility for our partnership as we continued the due diligence process with the Saudi Industrial Development Fund ("SIDF") to receive the remaining funding to bring our technology into the country. During SIDF's diligence, Covid created a global health and economic crises. As crude oil prices plummeted the SIDF began to curtail its operations. By April of 2021, we were informed they would not be funding any of the Nusaned "graduates". So, after more than two years of rigorous diligence and planning, we had to start looking for a new opportunity to bring our technology to market. In June 2021, we began discussions with a company in South America for the project we describe in our pitch. In December 2021, we signed the Letter of Intent for the project. The project has been in development for several years and has received regulatory approvals and reached the final stages of design, planning and procurement. We are assisting in the design of the pipeline and expect to begin manufacturing our pipe there in late 2022 or early 2023.
- Q: Zero sales, in debt, no cash on hand, yet $100M valuation? Can you provide a reasonable explanation for this valuation?
  - A: John, thank you for your question. We provided a pretty comprehensive explanation of our valuation in the pitch deck towards the end of the presentation.
- Q: has there been any testing on your pipe if it might leach any chemicals into the water?
  - A: Omar, thank you for your question, our pipe is made from HDPE, a well established material for water distribution lines. HDPE is used around the world for water pipelines and does not leach any chemicals into the water.
- Q: I assume GCPS has gone out of business? No updates, no responses, no postings on LI or FB in a long time - emails are unanswered, LI messages are unanswered, repeated emails to WF go unanswered - safe to assume it's gone out of business and WF's customer service approach is to ignore/go silent? If someone/anyone can clarify otherwise, sure would be nice/helpful. No shame in a startup going out of business - happens all the time, that's the risk of investing, not worried about that. The shame is in GCPS and WF apparently swallowing their tongues....
- Q: I would like to file my taxes because I'm due a refund. When will the 2023 K-1 be available?
- Q: Mr. Jones, I was disappointed in your response to me before and I am plain awestruck in your thin-skinned response to Mr. Oshman in regards to our issues with your valuation. I would have thought in your position and with the obvious successes you have had in life you would understand that we, as investors, are looking for reasonable opportunities to hit paydirt on an investment that is fraught with significant risks inherent to start-ups. I'm sure you know far more accurately than me as to how many start-ups fail, flounder, or just ho-hum along without providing much if any return to an investor. Personally, even with significant caution and research, I am probably looking at 1 out of 10 of my investments here providing a significant return to make up for the rest that do not. And while we are naturally on the opposite sides of the battle lines when it comes to valuations, you want investor money to be as cheap as possible and I want to get the best value for my money, we investors contrary to what your responses indicate how you feel about us are indeed interested in your company and speaking for myself I was trying to convey in what limited fashion I have here that your valuation is in my humble opinion insane (although good news it is only number 2 on the insanity level as Northern Pacific takes the number one spot on wefunder), and it was my great hope that you would have reconsidered that valuation to a level I, and perhaps others, would find reasonable to balance the risks of losing all of OUR money (remember, you are here asking for OUR money, not the other way around) in investing in you. You clearly do not see any need to do that, and that is fine, your decision, and you will likely get the money you seek from others as the one thing I have learned on this platform is that most of the people here do zero research and just throw money at "good ideas" without judging whether there is much chance at a return, and you do have a good idea which I believe has a reasonable chance at success. But the math just does not work out for me at 100M (you need to remove a zero). Now, since I need to have a question for you, my question is does the response to Mr. Oshman generally describe your reactions to hardships and disagreements naturally encountered during the course of business and with employees/coworkers when difficult issues present themselves, so that others may know what kind of leaders they are investing in?
  - A: John, Thank you for your follow up. I would rather this Q&A section not become a chat room or a comments section to our offering, but I will try to address your concerns and provide feedback to my response to Mr. Oshman. First, I went back and reviewed your previous question regarding our valuation methodology and I should have gone into more detail like I did in my response to Mr. Oshman, so I apologize for the short response the first time. I did believe at the time that our valuation explanation was a good one and I also discussed it in my interview video. However, I did not go into all of the specifics of doing a valuation, how it is done, my background on doing corporate and asset valuations nor did I discuss the significance of our technology relative to the valuations of the public companies. Because all of this is very intuitive for me, I probably failed to really explain it in layman terms. We believe our technology is going to change the way pipelines are made. It is a proprietary, patented technology. The market size is in the trillions of dollars. We have one project, in one country, for one agricultural development that will produce revenue and earnings that will increase our valuation substantially. When we complete that project, the opportunities for incredible growth will be enormous. If our company becomes worth $1 billion, then the investors in our offering will enjoy a 10x return on their investment, which I think all of our investors would be pleased with. But you and Mr. Oshman do not have to believe it and you are entitled to your opinion and you certainly have a choice in where you make your investments. I just do not understand why anyone who doesn't like a deal presented to them would make negative comments regarding the deal if you have no interest. If I look at a deal and don't like the technology, the management team, the valuation or whatever, I just move on and look for a deal that fits my interest. Like I responded to Mr. Oshman, don't do a deal you don't like but don't disparage all of the other investors with your personal opinion, just move on. He also made other disrespectful, uniformed comments that simply were not true and meant to disparage our offering, and he has done that before. For additional background, Mr. Oshman made a $25,000 pledge in November, I personally emailed him thanking him for his commitment and given the significant size of his pledge, I offered to have a personal call with him to answer any questions he might have. He did not respond. I offered again several times and he never responded and he never funded. I just assumed he decided not to invest. He eventually pulled his commitment and then posted his comments, all of which could have been easily addressed in a quick call. Why do that? I don't know if you saw and read the KingsCrowd research report on us but they called me interested in our technology and the market potential but also had concerns and questioned the valuation. After several phone conversations, they were "all-in" and gave us their highest investment rating - a "Top Deal" recommendation and fully supported our valuation. This is from the premier deal tracking and research company in the crowdfunding marketplace. Finally, I am not "thin-skinned" and have been through many ups and downs in my career and dealt with numerous challenges and difficult personalities. Most of the time, I recognize it is just business and some people do things different than others. However, I am genuinely grateful to everyone who has invested with us and I am working hard to increase the shareholder value for everyone. So, when Mr. Oshman posted his comments that were a direct shot at the investors who have supported and believed in us, I am not going to let that go without a terse response. I believe our investors are entitled to and deserve to be defended for supporting us and I was compelled to do so.
- Q: Honestly, your presentation on valuation makes no sense. You are comparing yourself to revenue generating companies. You have been in existence many years without any earnings. You apply a multiple to a project that doesn't exist yet and you continually warn is not guaranteed. To make matters worse, you do not own your technology, you license it. And your lead investor's $350,000 did not go to you but to the holding company which owns the technology. You further provide zero disclosure on licensing fees and payments due to the holding company. Sorry but there is no way to justify your valuation and in fact, no way to project it because we are not told how much of every dollar goes to the holding company.
  - A: Ted, I'm guessing you did not read any of the SEC filings and disclosures or you would know that the Holding company owned 100% of the operating company prior to this offering. The holding company has given an exclusive, global, perpetual license of our technologies to the operating company which, legally means they are the only company that can manufacture and sell our technology. Further, the holding company is the majority equity holder so I don't even understand what argument you are trying to make. This is not an unusual structure, it happens all the time, particularly when you are bringing in new investors or, for example, forming a joint venture. The holding company was established a few years ago when we received our patents and our early investors invested in the holding company, including our lead investor, long before the operating company was established. The capital structure at the holding company is more complex, as is generally the case during the early rounds of capital raising. By allowing our crowdfunding investors the opportunity to invest in the operating company directly, which has all the rights to our technology, the structure is simple, easy to understand and the investors will reap the benefits of our technology in the same manner as the holding company. However, we also gave the crowdfunding investors a preferred preference in a liquidation scenario, so they have a better equity position than the holding company. So again, your comment makes no sense. Regarding your comment on valuation, I have been an investment banker, structured finance professional and Chief Financial Officer in my 30-year career. I have done numerous valuations for private companies, public companies and their assets. I have taken companies public, raised both private and public equity and debt, performed fairness opinions, invested my employer's own capital and advised on numerous mergers and acquisition transactions. Each of these transactions were based on the value of the company and/or its assets, so I know how to do a valuation. When doing a valuation, a comparable company analysis is almost always performed. You analyze how comparable public companies in the same industry are valued in the market, what their trading multiples are, what proprietary technologies they may have, if there are any barriers to entry, future growth prospects, new product lines, new disruptive technologies that have been announced, among other things. You apply those trading multiples to the company you are valuing and discount that value or add a premium to the value based on factors such as illiquidity, size and stage of the company, growth prospects, company backlog, any proprietary technology, etc. When we did our valuation, we used the forecast that we have for that project and then placed a 90% discount to our valuation based on the public comparable company analysis. If that project performs as expected, our valuation is expected to increase substantially. As an attorney, I am sure you recognize that the SEC requires certain disclosures, such as, "nothing is guaranteed", in the risk factors. What I find most interesting is why would an individual like yourself who clearly has no interest in investing, post uninformed, offensive comments on a crowdfunding offering page. You didn't ask a single question, you simply tried to disparage our offering with your ignorant and arrogant comments. By doing so, you have offended everyone who has invested in our company and who believes in what we are doing. I've noticed that this is not the first time you have done this on other crowdfunding offerings. My suggestion to you is that if you have no interest in a company's offering just move on. Nobody cares what you think. You are not the smartest person in the crowdfunding space and you look foolish when you make comments that are so ill-conceived, inaccurate and inappropriate.
- Q: I have a couple questions does your composite piping freeze,And if it does what is your freezing point rated at.And what is your expansion rating. 2 Can you install your composite piping on other types of piping and if so what types can you use it on.3 If your pipe freezes what is the heat rating you can use on it to thaw out the frozen pipes without hurting the structure of the pipe.4 GLOBAL COMPOSITE PIPING SOLUTIONS I think has alot of things that is ahead of the rest,Complete Customization,Mobile Manufacturing,Low Maintenance Cost,Lower cost for the pipe itself compared to others.Strong and well built.And a Strong team that I am glad to invest in twice now.Thank You and your team for all the hard work and late nights.And god speed,And god bless you all.
  - A: Todd, thank you for your question and continued financial support. I also appreciate your kind comments. Pursuant to your questions, the HDPE in the pipe can remain ductile below freezing and it can withstand temperatures down to -94°F (-70°C). We would not recommend letting the lines freeze, just like with any other type of pipe. We would work with the customer to design around the issue, like installing a simple heat tracer in an insulated jacket to protect the lines if the flow stops in harsh winter temps. The pipe can be designed specifically to the customer’s needs, especially if harsh temps are expected (hot or cold). This would be achieved by selecting the appropriate thermoplastic and reinforcement type -and/or increasing the pressure rating by adding more wraps. The pipe can virtually be connected to any other type of piping system via flanges or electrofusion transition fittings. I hope this helps.
- Q: Good evening. Your pitch states a considerably lower cost than the other 2 listed product sizes in the market. Are the other 2 product MATERIALS the 2 most common pipes used in the same industry you are targeting? If so, are your estimates similar in relation throughout the different sizes you intend to manufacture? Finally, is your $100m Valuation based on the LOI contract size that is currently in the works? Much thanks! 5.Sept.2022
  - A: Martin, thank you for your question. That is a great question. Yes, our pipe competes with steel and PCCP pipe for large diameter, high pressure water pipelines. The price of our pipe is lower than those two because the cost of raw materials and the manufacturing required to make our pipe is significantly less expensive than the competition. Tha means our pipe will almost always have a competitive advantage across all sizes of pipe, and the long-term maintenance savings will always be there. Our valuation is partially based on the LOI, but our technology addresses a global issue with pipelines that have failed for decades and are continuing to fail. The amount of water leaked out of deteriorated pipelines every day throughout the world is in TENS of BILLIONS. Our technology will address this wasteful issue and save water for future generations. Our addressable market is in the trillions of dollars. One contract alone could be hundreds or billions of dollars in value. There simply isn't another viable alternative in the market that can perform like our pipe.
- Q: Hello, Are your pipe planned to be used in any new city developments around the world like NEOM in Saudi? Do you plan to make any other products with your technology like storage tanks or even shipping containers (with reinforcements)?
  - A: Dipak, excellent questions. Yes, our pipe would be an ideal fit for the city of NEOM development and other large development opportunities around the world where there is no infrastructure in place to supply water to the development and its residents. Regarding other products, we do not have any plans currently to pursue those opportunities, right now we are singularly focused on the water pipeline industry.
- Q: Congrats on the $150M LOI. This is obviously a huge success and strong validation of your design. That said, can you share any information about future contracts/projects that are in discussion beyond that initial deal?
  - A: We are actively pursuing other opportunities but do not want to oversell our capabilities because once the project in South America starts, it will be all encompassing and we need to make sure we execute it flawlessly. However, I think if we can secure a few smaller projects in the interim, we will aggressively pursue them.
- Q: For those who are wondering about updates, GCPS Holdings, LLC filed for Chapter 11 bankruptcy in June 2024. This is the holding company, but I'm not sure what that means for our investment (Can we take this as a loss on our taxes? Are they just seeking bankruptcy protection to weather hard times? etc.). Google "gcps bankruptcy" for the court filings. If you find anything new, please post it. We're all investing together. Edits: (Just for clarity, I reached out to Wefunder to try to get an update as a non-threatening intermediary, but there's been no update in several months) (Caveats: WeFunder has no real power to force updates from companies and I am an investor in WeFunder itself)
- Q: Hi, can you please provide an update on the business?
- Q: A couple of quick questions: Timeline for issuing the 2024 Schedule K-1 filing? Is this company still in business? Thanks!
- Q: It is February 2025, and being an investor, can you give us an update on the South American project and other company updates?