Latest Reported Offering
$50,000
Target Amount
$100,000
Maximum Amount
2017-09-13
Deadline
Security Details
Type: Other
Price per share: $1.00
Shares offered: 50,000+
Offering Costs
Cash commission: 7%
Equity compensation: —
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.
Filing history
Form C family — 9 filings| Filed | Form | File number | Portal | What it states | What the filer said |
|---|---|---|---|---|---|
| 2018-05-14 | C-AR | 020-23475 | First Democracy VC | Revenue $419K · net income -$293K · 10 employees | — |
| 2017-10-20 | C-U | 020-23475 | First Democracy VC | $50K target, up to $100K · SAFE Units at $1.00 · closes 2017-09-13 | The issuer raised approximately $57,654 during the offering period. Payments are still being processed; the exact amount has yet to be determined. |
| 2017-10-06 | C/A | 020-23475 | First Democracy VC | $50K target, up to $100K · SAFE Units at $1.00 · closes 2017-10-16 | Update with new video transcript about the company |
| 2017-09-14 | C/A | 020-23475 | First Democracy VC | $50K target, up to $100K · SAFE Units at $1.00 · closes 2017-10-16 | Extended close date (10/16/17); Revised estimated cost of plating and cutting equipment and remaining balance of $165k; Update equipment financing from original price of $300k to $215k; and 4) Updated financials from June month-end to August month-end |
| 2017-09-14 | C/A | 020-23475 | First Democracy VC | $50K target, up to $100K · SAFE Units at $1.00 · closes 2017-10-16 | Extended close date (10/16/17); Revised estimated cost of plating and cutting equipment and remaining balance of $165k; Update equipment financing from original price of $300k to $215k; and 4) Updated financials from June month-end to August month-end |
| 2017-09-13 | C/A | 020-23475 | First Democracy VC | $50K target, up to $100K · SAFE Units at $1.00 · closes 2017-10-16 | The Closing Date for this offering has been changed to October 16th, 2017. |
| 2017-09-13 | C-U | 020-23475 | First Democracy VC | $50K target, up to $100K · SAFE Units at $1.00 · closes 2017-09-13 | The close date of this offering is changing to October 16, 2017 |
| 2017-08-10 | C/A | 020-23475 | First Democracy VC | $50K target, up to $100K · SAFE Units at $1.00 · closes 2017-09-13 | Adding the webinar transcript. |
| 2017-07-19 | C | 020-23475 | First Democracy VC | $50K target, up to $100K · SAFE Units at $1.00 · closes 2017-09-13 | — |
The reported figures behind Franklin & Cortlandt Vinyl LLC
Form C prints a most-recent and a prior fiscal year side by side but never names them. The dashboard chains every filing into those years and plots them. EDGAR still has each Form C-AR; the dashboard lays every year they filed next to it.
- Reported financials chained into fiscal years — revenue, income, assets, cash — not one filing at a time
- A sparkline on each figure so the shape is visible before the numbers
- A revenue series dated to the filings that reported it
- The campaign as filed: target, ceiling, deadline, and the portal that ran it
- Follow it, and see it change on your watchlist
Company Information
Legal Status
Limited Liability Company
Jurisdiction
FL
Date of Incorporation
2016-04-28
Latest Metrics
Employees10
Total Assets$482,675
Cash on Hand$16,105
Revenues$419,419
Net Income-$293,096
Crowdfunding Portals
The intermediary named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.