Simple Machine, LLC

CIK: 1718056AZIncorporated: 2016-04-29

Current Offering

$250,000
Target Amount
$750,000
Maximum Amount
2018-04-30
Deadline

Security Details

Type: Convertible Note
Price per share: $1.00
Shares offered: 250,000+

Offering Costs

Cash commission: 5%
5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Equity compensation: 2%
Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise.

Financial Reports

Offering via Wefunder

Offering History

As of 2018-03-23
Raising $250,000 -$750,000 via 250,000+ shares of convertible Note at $1.00 per share
Deadline: 2018-04-30
As of 2018-07-02
Raising $250,000 -$500,000 via 250,000+ shares of convertible Note at $1.00 per share
Deadline: 2018-12-14
Filing date2018-03-232018-07-02
Current employees2640
Act received most recent fiscal year$65,944$0.00
Act received prior fiscal year$0.00$65,945
Cash equi most recent fiscal year$19,321$34,043
Cash equi prior fiscal year$12,659$19,321
Cost goods sold most recent fiscal year$206,587$783,944
Cost goods sold prior fiscal year$16,002$201,594
Long term debt most recent fiscal year$0.00$0.00
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year$281,986$620,524
Net income prior fiscal year-$8,824.00$589,984
Revenue most recent fiscal year$619,388$2,066,928
Revenue prior fiscal year$10,779$921,123
Short term debt most recent fiscal year$4,993$0.00
Short term debt prior fiscal year$20,857$0.00
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$278,781$59,898
Total asset prior fiscal year$12,659$280,052

Financial Reports

Offering via Wefunder

Offering History

As of 2018-03-23
Raising $250,000 -$750,000 via 250,000+ shares of convertible Note at $1.00 per share
Deadline: 2018-04-30
As of 2018-07-02
Raising $250,000 -$500,000 via 250,000+ shares of convertible Note at $1.00 per share
Deadline: 2018-12-14
Filing date2018-03-232018-07-02
Current employees2640
Act received most recent fiscal year$65,944$0.00
Act received prior fiscal year$0.00$65,945
Cash equi most recent fiscal year$19,321$34,043
Cash equi prior fiscal year$12,659$19,321
Cost goods sold most recent fiscal year$206,587$783,944
Cost goods sold prior fiscal year$16,002$201,594
Long term debt most recent fiscal year$0.00$0.00
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year$281,986$620,524
Net income prior fiscal year-$8,824.00$589,984
Revenue most recent fiscal year$619,388$2,066,928
Revenue prior fiscal year$10,779$921,123
Short term debt most recent fiscal year$4,993$0.00
Short term debt prior fiscal year$20,857$0.00
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$278,781$59,898
Total asset prior fiscal year$12,659$280,052

Company Information

Limited Liability Company
AZ
2016-04-29

Latest Metrics

Employees26
Total Assets$278,781
Cash on Hand$19,321
Revenues$619,388
Net Income$281,986

Crowdfunding Portals

This company is raising funds through this portal