Current Offering
$50,000
Target Amount
$100,000
Maximum Amount
2017-09-13
Deadline
Security Details
Type: SAFE Units
Price per share: $1.00
Shares offered: 50,000+
Offering Costs
Cash commission: 7%
7.0%
Equity compensation: 2%
The intermediary will receive SAFE Units in a principal amount that is equal to 2% (two percent) of the aggregate dollar amount of all revenue participation rights issued in the Offering.
Financial Reports
Offering via FIRST DEMOCRACY VC
Offering History
As of 2017-07-19
Raising $50,000 -$100,000 via 50,000+ shares of sAFE Units at $1.00 per share
Deadline: 2017-09-13
As of 2017-09-13
Raising $50,000 -$100,000 via 50,000+ shares of sAFE Units at $1.00 per share
Deadline: 2017-10-16
As of 2017-10-20
Raising $50,000 -$100,000 via 50,000+ shares of sAFE Units at $1.00 per share
Deadline: 2017-09-13
| Filing date | 2017-07-19 |
|---|---|
| Current employees | 6 |
| Act received most recent fiscal year | $3,026 |
| Act received prior fiscal year | $0.00 |
| Cash equi most recent fiscal year | $4,055 |
| Cash equi prior fiscal year | $0.00 |
| Cost goods sold most recent fiscal year | $1,609 |
| 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 | -$239,177.35 |
| Net income prior fiscal year | $0.00 |
| Revenue most recent fiscal year | $5,997 |
| 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 | $157,823 |
| Total asset prior fiscal year | $0.00 |
Company Information
Latest Metrics
Employees6
Total Assets$157,823
Cash on Hand$4,055
Revenues$5,997
Net Income-$239,177.35