Proof of Concept, LLC

CIK: 1677340NYIncorporated: 2011-04-22

Current Offering

$50,000
Target Amount
$100,000
Maximum Amount
2016-12-13
Deadline

Security Details

Type: Common Stock
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 3%
3.0% of the offering amount upon a successful fundraise.
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2016-06-17
Raising $50,000 -$100,000 via 50,000+ shares of common Stock at $1.00 per share
Deadline: 2016-12-13
As of 2016-10-24
Raising $50,000 -$500,000 via 50,000+ shares of common Stock at $1.00 per share
Deadline: 2016-12-13
Filing date2016-06-172016-07-082016-10-24
Current employees333
Act received most recent fiscal year$45,979$45,979$45,979
Act received prior fiscal year$20,879$20,879$20,879
Cash equi most recent fiscal year$5,856$5,857$5,857
Cash equi prior fiscal year$1,944$1,944$1,944
Cost goods sold most recent fiscal year$175,214$175,214$175,898
Cost goods sold prior fiscal year$82,643$82,643$82,077
Long term debt most recent fiscal year$0.00$70,000$70,000
Long term debt prior fiscal year$0.00$65,330$57,424
Net income most recent fiscal year-$141,702.00-$141,702.00-$142,386.00
Net income prior fiscal year-$25,893.00-$25,893.00-$25,327.00
Revenue most recent fiscal year$540,097$540,097$540,097
Revenue prior fiscal year$300,519$300,519$300,519
Short term debt most recent fiscal year$271,320$201,320$201,320
Short term debt prior fiscal year$124,239$58,909$66,815
Tax paid most recent fiscal year$0.00$0.00$0.00
Tax paid prior fiscal year$0.00$0.00$0.00
Total asset most recent fiscal year$88,346$88,346$88,228
Total asset prior fiscal year$82,967$82,967$83,533

Company Information

Limited Liability Company
NY
2011-04-22

Latest Metrics

Employees3
Total Assets$88,346
Cash on Hand$5,856
Revenues$540,097
Net Income-$141,702.00

Crowdfunding Portals

This company is raising funds through this portal