Future Proof Brands LLC

CIK: 1621653DEIncorporated: 2011-11-14

Current Offering

$100,001
Target Amount
$1,069,999
Maximum Amount
2021-02-05
Deadline

Security Details

Type: Series B-1 Preferred Units
Price per share: $5.37
Shares offered: 18,632+

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 2020-10-09
Raising $100,001 -$1,069,999 via 18,632+ shares of series B-1 Preferred Units at $5.37 per share
Deadline: 2021-02-05
As of 2022-01-28
Raising $500,000 -$5,000,000 via 500,000+ shares of convertible Note at $1.00 per share
Deadline: 2022-04-30
As of 2022-04-28
Raising $50,000 -$5,000,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2023-04-30
Filing date2020-10-092022-01-282022-04-28
Current employees186363
Act received most recent fiscal year$410,111$690,260$2,014,017
Act received prior fiscal year$616,748$410,111$690,260
Cash equi most recent fiscal year$646,464$256,301$644,714
Cash equi prior fiscal year$359,155$646,464$256,301
Cost goods sold most recent fiscal year$4,004,883$4,990,172$6,946,904
Cost goods sold prior fiscal year$1,907,588$4,004,883$4,990,172
Long term debt most recent fiscal year$1,488,784$1,920,350$0.00
Long term debt prior fiscal year$0.00$1,488,784$1,920,350
Net income most recent fiscal year-$4,234,348.00-$3,048,595.00$149,571
Net income prior fiscal year-$3,172,247.00-$4,234,348.00-$3,048,595.00
Revenue most recent fiscal year$4,199,062$7,524,675$18,630,477
Revenue prior fiscal year$2,025,037$4,199,062$7,524,675
Short term debt most recent fiscal year$1,119,451$3,231,873$5,468,047
Short term debt prior fiscal year$376,175$1,289,451$3,231,873
Tax paid most recent fiscal year$4,911$12,950$12,273
Tax paid prior fiscal year$0.00$4,911$12,950
Total asset most recent fiscal year$2,493,588$1,880,780$4,912,493
Total asset prior fiscal year$1,369,792$2,493,588$1,880,780

Financial Reports

Offering via Wefunder

Offering History

As of 2020-10-09
Raising $100,001 -$1,069,999 via 18,632+ shares of series B-1 Preferred Units at $5.37 per share
Deadline: 2021-02-05
As of 2022-01-28
Raising $500,000 -$5,000,000 via 500,000+ shares of convertible Note at $1.00 per share
Deadline: 2022-04-30
As of 2022-04-28
Raising $50,000 -$5,000,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2023-04-30
Filing date2020-10-092022-01-282022-04-28
Current employees186363
Act received most recent fiscal year$410,111$690,260$2,014,017
Act received prior fiscal year$616,748$410,111$690,260
Cash equi most recent fiscal year$646,464$256,301$644,714
Cash equi prior fiscal year$359,155$646,464$256,301
Cost goods sold most recent fiscal year$4,004,883$4,990,172$6,946,904
Cost goods sold prior fiscal year$1,907,588$4,004,883$4,990,172
Long term debt most recent fiscal year$1,488,784$1,920,350$0.00
Long term debt prior fiscal year$0.00$1,488,784$1,920,350
Net income most recent fiscal year-$4,234,348.00-$3,048,595.00$149,571
Net income prior fiscal year-$3,172,247.00-$4,234,348.00-$3,048,595.00
Revenue most recent fiscal year$4,199,062$7,524,675$18,630,477
Revenue prior fiscal year$2,025,037$4,199,062$7,524,675
Short term debt most recent fiscal year$1,119,451$3,231,873$5,468,047
Short term debt prior fiscal year$376,175$1,289,451$3,231,873
Tax paid most recent fiscal year$4,911$12,950$12,273
Tax paid prior fiscal year$0.00$4,911$12,950
Total asset most recent fiscal year$2,493,588$1,880,780$4,912,493
Total asset prior fiscal year$1,369,792$2,493,588$1,880,780

Company Information

Limited Liability Company
DE
2011-11-14

Latest Metrics

Employees18
Total Assets$2,493,588
Cash on Hand$646,464
Revenues$4,199,062
Net Income-$4,234,348.00

Crowdfunding Portals

This company is raising funds through this portal