French Morning Media Group Inc

CIK: 1713167DEIncorporated: 2017-07-21

Current Offering

$50,000
Target Amount
$300,000
Maximum Amount
2017-10-16
Deadline

Security Details

Type: Preferred Stock
Price per share: $5.00
Shares offered: 60,000+

Offering Costs

Cash commission: 7%
7.0%
Equity compensation: 2%
The intermediary will receive a number of shares of Series Seed Preferred Stock in a principal amount that is equal to 2% (two percent) of the total number of shares of Series Seed Preferred Stock sold by the issuer in the Offering.

Financial Reports

Offering via FIRST DEMOCRACY VC

Offering History

As of 2017-08-10
Raising $50,000 -$300,000 via 60,000+ shares of preferred Stock at $5.00 per share
Deadline: 2017-10-16
As of 2019-07-22
Raising $50,000 -$300,000 via 10,000+ shares of preferred Stock at $5.00 per share
Deadline: 2019-10-16
As of 2019-07-18
Raising $50,002 -$200,002 via 8,026+ shares of preferred Stock at $6.23 per share
Deadline: 2019-09-16
Filing date2017-08-102019-07-18
Current employees812
Act received most recent fiscal year$69,923$187,639
Act received prior fiscal year$1,280$110,193
Cash equi most recent fiscal year$11,895$29,039
Cash equi prior fiscal year$75,041$37,965
Cost goods sold most recent fiscal year$186,706$165,491
Cost goods sold prior fiscal year$226,803$288,378
Long term debt most recent fiscal year$0.00$69,341
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$66,769.00-$93,996.00
Net income prior fiscal year-$70,695.00-$29,165.00
Revenue most recent fiscal year$673,230$1,118,779
Revenue prior fiscal year$508,452$1,019,018
Short term debt most recent fiscal year$156,773$15,482
Short term debt prior fiscal year$91,399$0.00
Tax paid most recent fiscal year$0.00$1,753
Tax paid prior fiscal year$0.00$184.00
Total asset most recent fiscal year$88,818$299,406
Total asset prior fiscal year$83,321$240,255

Financial Reports

Offering History

As of 2017-08-10
Raising $50,000 -$300,000 via 60,000+ shares of preferred Stock at $5.00 per share
Deadline: 2017-10-16
As of 2019-07-22
Raising $50,000 -$300,000 via 10,000+ shares of preferred Stock at $5.00 per share
Deadline: 2019-10-16
As of 2019-07-18
Raising $50,002 -$200,002 via 8,026+ shares of preferred Stock at $6.23 per share
Deadline: 2019-09-16
Filing date2017-08-102019-07-18
Current employees812
Act received most recent fiscal year$69,923$187,639
Act received prior fiscal year$1,280$110,193
Cash equi most recent fiscal year$11,895$29,039
Cash equi prior fiscal year$75,041$37,965
Cost goods sold most recent fiscal year$186,706$165,491
Cost goods sold prior fiscal year$226,803$288,378
Long term debt most recent fiscal year$0.00$69,341
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$66,769.00-$93,996.00
Net income prior fiscal year-$70,695.00-$29,165.00
Revenue most recent fiscal year$673,230$1,118,779
Revenue prior fiscal year$508,452$1,019,018
Short term debt most recent fiscal year$156,773$15,482
Short term debt prior fiscal year$91,399$0.00
Tax paid most recent fiscal year$0.00$1,753
Tax paid prior fiscal year$0.00$184.00
Total asset most recent fiscal year$88,818$299,406
Total asset prior fiscal year$83,321$240,255

Company Information

Corporation
DE
2017-07-21

Latest Metrics

Employees8
Total Assets$88,818
Cash on Hand$11,895
Revenues$673,230
Net Income-$66,769.00

Crowdfunding Portals

This company is raising funds through this portal