infiniRel Corporation

CIK: 1479293TXIncorporated: 2009-07-21

Current Offering

$50,000
Target Amount
$1,000,000
Maximum Amount
2022-10-28
Deadline

Security Details

Type: Convertible Note
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 7%
6.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2022-03-16
Raising $50,000 -$1,000,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2022-10-28
Filing date2022-03-16
Current employees2
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$19,092
Cash equi prior fiscal year$7,363
Cost goods sold most recent fiscal year$30,006
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$609,913
Long term debt prior fiscal year$529,943
Net income most recent fiscal year-$39,927.00
Net income prior fiscal year-$57,234.00
Revenue most recent fiscal year$167,500
Revenue prior fiscal year$69,393
Short term debt most recent fiscal year$60,428
Short term debt prior fiscal year$74,291
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$99,340
Total asset prior fiscal year$73,160

Company Information

Corporation
TX
2009-07-21

Latest Metrics

Employees2
Total Assets$99,340
Cash on Hand$19,092
Revenues$167,500
Net Income-$39,927.00

Crowdfunding Portals

This company is raising funds through this portal