Snailz, Inc.

CIK: 1686984DEIncorporated: 2016-04-18

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2020-09-30
Deadline

Security Details

Type: Crowd Safe Units of SAFE (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 25,000+

Offering Costs

Cash commission: 6%
The issuer shall pay to the Intermediary at the conclusion of the Offering a fee of six percent (6%) of the amount raised in the offering.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of Securities equal to two percent (2%) of the total number of Securities sold in the Offering.

Financial Reports

Offering via Republic

Offering History

As of 2020-06-01
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2020-09-30
As of 2020-09-24
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-02-28
Filing date2020-06-01
Current employees0
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$12,106
Cash equi prior fiscal year$349,497
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$2,075,000
Long term debt prior fiscal year$1,690,000
Net income most recent fiscal year$889,968
Net income prior fiscal year$705,063
Revenue most recent fiscal year$69,932
Revenue prior fiscal year$28,241
Short term debt most recent fiscal year$266,552
Short term debt prior fiscal year$117,280
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$230,582
Total asset prior fiscal year$586,278

Company Information

Corporation
DE
2016-04-18

Latest Metrics

Employees0
Total Assets$230,582
Cash on Hand$12,106
Revenues$69,932
Net Income$889,968

Crowdfunding Portals

This company is raising funds through this portal