Scrap Connection, Inc.

CIK: 1689304DEIncorporated: 2012-07-12

Current Offering

$50,000
Target Amount
$100,000
Maximum Amount
2017-05-12
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
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 2016-11-15
Raising $50,000 -$100,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-05-12
As of 2017-02-27
Raising $50,000 -$750,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-05-12
As of 2017-05-02
Raising $50,000 -$750,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-07-30
As of 2017-07-28
Raising $50,000 -$1,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-10-31
As of 2019-08-28
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2020-01-17
As of 2020-04-21
Raising $50,000 -$500,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2020-08-31
Filing date2016-11-152017-02-272017-05-022019-08-282020-04-21
Current employees55533
Act received most recent fiscal year$7.62$8.00$2,668$8.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$8.00$8.00
Cash equi most recent fiscal year$641.15$641.00$3,307$337,154$16,609
Cash equi prior fiscal year$4,499$4,499$4,499$678,648$337,154
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$357,570$367,185$258,581$90,861
Long term debt prior fiscal year$0.00$273,557$332,753$358,099$258,581
Net income most recent fiscal year$3,097$767.00-$88.00-$410,203.00-$371,605.00
Net income prior fiscal year-$30,542.61-$36,373.00$2,853-$209,270.00-$410,203.00
Revenue most recent fiscal year$4,920$4,920$2,684$16,172$8,049
Revenue prior fiscal year$21,191$21,191$4,920$9,960$16,172
Short term debt most recent fiscal year$332,753$0.00$0.00$8,934$11,436
Short term debt prior fiscal year$250,795-$32.00$0.00$4,704$14,132
Tax paid most recent fiscal year$0.00$0.00$0.00-$1,561.00$1,250
Tax paid prior fiscal year$0.00$0.00$0.00-$2,711.00$1,561
Total asset most recent fiscal year$261,056$235,751$295,156$474,606$215,863
Total asset prior fiscal year$176,001$153,027$260,812$797,443$479,804

Financial Reports

Offering via Wefunder

Offering History

As of 2016-11-15
Raising $50,000 -$100,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-05-12
As of 2017-02-27
Raising $50,000 -$750,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-05-12
As of 2017-05-02
Raising $50,000 -$750,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-07-30
As of 2017-07-28
Raising $50,000 -$1,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2017-10-31
As of 2019-08-28
Raising $50,000 -$1,070,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2020-01-17
As of 2020-04-21
Raising $50,000 -$500,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2020-08-31
Filing date2016-11-152017-02-272017-05-022019-08-282020-04-21
Current employees55533
Act received most recent fiscal year$7.62$8.00$2,668$8.00$0.00
Act received prior fiscal year$0.00$0.00$0.00$8.00$8.00
Cash equi most recent fiscal year$641.15$641.00$3,307$337,154$16,609
Cash equi prior fiscal year$4,499$4,499$4,499$678,648$337,154
Cost goods sold most recent fiscal year$0.00$0.00$0.00$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00$0.00$0.00$0.00
Long term debt most recent fiscal year$0.00$357,570$367,185$258,581$90,861
Long term debt prior fiscal year$0.00$273,557$332,753$358,099$258,581
Net income most recent fiscal year$3,097$767.00-$88.00-$410,203.00-$371,605.00
Net income prior fiscal year-$30,542.61-$36,373.00$2,853-$209,270.00-$410,203.00
Revenue most recent fiscal year$4,920$4,920$2,684$16,172$8,049
Revenue prior fiscal year$21,191$21,191$4,920$9,960$16,172
Short term debt most recent fiscal year$332,753$0.00$0.00$8,934$11,436
Short term debt prior fiscal year$250,795-$32.00$0.00$4,704$14,132
Tax paid most recent fiscal year$0.00$0.00$0.00-$1,561.00$1,250
Tax paid prior fiscal year$0.00$0.00$0.00-$2,711.00$1,561
Total asset most recent fiscal year$261,056$235,751$295,156$474,606$215,863
Total asset prior fiscal year$176,001$153,027$260,812$797,443$479,804

Company Information

Corporation
DE
2012-07-12

Latest Metrics

Employees5
Total Assets$261,056
Cash on Hand$641.15
Revenues$4,920
Net Income$3,097

Crowdfunding Portals

This company is raising funds through this portal