Current Offering
$50,000
Target Amount
$1,070,000
Maximum Amount
2020-09-18
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 2020-06-04
Raising $50,000 -$1,070,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-09-18
| Filing date | 2020-06-04 | 2020-08-19 |
|---|---|---|
| Current employees | 15 | 15 |
| Act received most recent fiscal year | $0.00 | $0.00 |
| Act received prior fiscal year | $90,792 | $90,792 |
| Cash equi most recent fiscal year | $418,623 | $418,623 |
| Cash equi prior fiscal year | $1,496,945 | $1,496,945 |
| Cost goods sold most recent fiscal year | $4,188,158 | $4,188,158 |
| Cost goods sold prior fiscal year | $4,356,237 | $4,356,237 |
| Long term debt most recent fiscal year | $0.00 | $100,000 |
| Long term debt prior fiscal year | $0.00 | $0.00 |
| Net income most recent fiscal year | -$4,191,597.00 | -$4,266,061.00 |
| Net income prior fiscal year | -$12,145,454.00 | -$6,561,191.00 |
| Revenue most recent fiscal year | $5,065,469 | $877,311 |
| Revenue prior fiscal year | $6,612,335 | $2,165,305 |
| Short term debt most recent fiscal year | $100,000 | $536,491 |
| Short term debt prior fiscal year | $0.00 | $390,019 |
| Tax paid most recent fiscal year | $0.00 | $0.00 |
| Tax paid prior fiscal year | $0.00 | $0.00 |
| Total asset most recent fiscal year | $418,623 | $418,623 |
| Total asset prior fiscal year | $1,927,348 | $1,590,217 |
Company Information
Latest Metrics
Employees15
Total Assets$418,623
Cash on Hand$418,623
Revenues$5,065,469
Net Income-$4,191,597.00