Smari Organics, Inc.

CIK: 1586697CAIncorporated: 2011-12-20

Current Offering

$50,000
Target Amount
$1,070,000
Maximum Amount
2020-08-07
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 2020-04-13
Raising $50,000 -$1,070,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-08-07
Filing date2020-04-13
Current employees4
Act received most recent fiscal year$23,461
Act received prior fiscal year$25,469
Cash equi most recent fiscal year$274,142
Cash equi prior fiscal year$54,271
Cost goods sold most recent fiscal year$423,260
Cost goods sold prior fiscal year$519,144
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$1,395,291.00
Net income prior fiscal year-$1,190,543.00
Revenue most recent fiscal year$355,813
Revenue prior fiscal year$751,809
Short term debt most recent fiscal year$112,427
Short term debt prior fiscal year$380,468
Tax paid most recent fiscal year$2,722
Tax paid prior fiscal year$9,128
Total asset most recent fiscal year$548,331
Total asset prior fiscal year$591,729

Company Information

Corporation
CA
2011-12-20

Latest Metrics

Employees4
Total Assets$548,331
Cash on Hand$274,142
Revenues$355,813
Net Income-$1,395,291.00

Crowdfunding Portals

This company is raising funds through this portal