Current Offering
$50,000
Target Amount
$400,000
Maximum Amount
2017-05-15
Deadline
Security Details
Type: SAFE (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 50,000+
Offering Costs
Cash commission: 7%
7.0% and $0.00
Equity compensation: 2%
The intermediary will receive a warrant to purchase a number of SAFE Securities that is equal to 2% of the total number of SAFE Securities that are issued in this Offering.
Financial Reports
Offering via FIRST DEMOCRACY VC
Offering History
As of 2017-03-31
Raising $50,000 -$400,000 via 50,000+ shares of sAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2017-05-15
| Filing date | 2017-03-31 |
|---|---|
| Current employees | 3 |
| Act received most recent fiscal year | $0.00 |
| Act received prior fiscal year | $0.00 |
| Cash equi most recent fiscal year | $337,963 |
| Cash equi prior fiscal year | $67,266 |
| Cost goods sold most recent fiscal year | $0.00 |
| Cost goods sold prior fiscal year | $0.00 |
| Long term debt most recent fiscal year | $0.00 |
| Long term debt prior fiscal year | $0.00 |
| Net income most recent fiscal year | -$60,940.00 |
| Net income prior fiscal year | -$4,445.00 |
| Revenue most recent fiscal year | $0.00 |
| Revenue prior fiscal year | $0.00 |
| Short term debt most recent fiscal year | $0.00 |
| Short term debt prior fiscal year | $0.00 |
| Tax paid most recent fiscal year | $0.00 |
| Tax paid prior fiscal year | $0.00 |
| Total asset most recent fiscal year | $616,143 |
| Total asset prior fiscal year | $235,797 |
Company Information
Latest Metrics
Employees3
Total Assets$616,143
Cash on Hand$337,963
Revenues$0.00
Net Income-$60,940.00