Current Offering
$50,000
Target Amount
$100,000
Maximum Amount
2017-08-22
Deadline
Security Details
Type: Crowd SAFE (Simple Agreement for Future Equity) Units
Price per share: $1.00
Shares offered: 100,000+
Offering Costs
Cash commission: 7%
7.0%
Equity compensation: 2%
The Intermediary will receive a ten (10) year warrant to purchase a Crowd SAFE Units in a principal amount that is equal to 2% (two percent) of the aggregate principal amount of all Crowd SAFE Units issued in the Offering.
Financial Reports
Offering via FIRST DEMOCRACY VC
Offering History
As of 2017-06-22
Raising $50,000 -$100,000 via 100,000+ shares of crowd SAFE (Simple Agreement for Future Equity) Units at $1.00 per share
Deadline: 2017-08-22
As of 2017-07-28
Raising $50,000 -$107,000 via 50,000+ shares of crowd SAFE (Simple Agreement for Future Equity) Units at $1.00 per share
Deadline: 2017-08-22
| Filing date | 2017-06-22 |
|---|---|
| Current employees | 11 |
| Act received most recent fiscal year | $0.00 |
| Act received prior fiscal year | $0.00 |
| Cash equi most recent fiscal year | $11,612 |
| Cash equi prior fiscal year | $9,943 |
| Cost goods sold most recent fiscal year | $135,750 |
| Cost goods sold prior fiscal year | $1,344 |
| Long term debt most recent fiscal year | $4,000 |
| Long term debt prior fiscal year | $4,000 |
| Net income most recent fiscal year | -$238,327.38 |
| Net income prior fiscal year | -$255,908.41 |
| Revenue most recent fiscal year | $154,149 |
| Revenue prior fiscal year | $745.00 |
| Short term debt most recent fiscal year | $153,198 |
| Short term debt prior fiscal year | $25,000 |
| Tax paid most recent fiscal year | $0.00 |
| Tax paid prior fiscal year | $0.00 |
| Total asset most recent fiscal year | $417,433 |
| Total asset prior fiscal year | $78,839 |
Company Information
Latest Metrics
Employees11
Total Assets$417,433
Cash on Hand$11,612
Revenues$154,149
Net Income-$238,327.38