Devotion Spirits, Inc.

CIK: 1719698DEIncorporated: 2017-10-02

Current Offering

$300,000
Target Amount
$1,000,000
Maximum Amount
2018-04-27
Deadline

Security Details

Type: Common Stock
Price per share: $1.48
Shares offered: 202,703+

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 2017-10-30
Raising $300,000 -$1,000,000 via 202,703+ shares of common Stock at $1.48 per share
Deadline: 2018-04-27
Filing date2017-10-30
Current employees5
Act received most recent fiscal year$556,427
Act received prior fiscal year$401,304
Cash equi most recent fiscal year$13,770
Cash equi prior fiscal year$34,675
Cost goods sold most recent fiscal year-$1,505,159.00
Cost goods sold prior fiscal year-$1,209,532.00
Long term debt most recent fiscal year$2,017,000
Long term debt prior fiscal year$29,000
Net income most recent fiscal year-$2,421,001.00
Net income prior fiscal year-$2,490,572.00
Revenue most recent fiscal year$3,341,894
Revenue prior fiscal year$2,784,345
Short term debt most recent fiscal year$733,989
Short term debt prior fiscal year$742,404
Tax paid most recent fiscal year$9,547
Tax paid prior fiscal year$6,217
Total asset most recent fiscal year$1,433,932
Total asset prior fiscal year$965,348

Company Information

Corporation
DE
2017-10-02

Latest Metrics

Employees5
Total Assets$1,433,932
Cash on Hand$13,770
Revenues$3,341,894
Net Income-$2,421,001.00

Crowdfunding Portals

This company is raising funds through this portal