Current Offering
$50,000
Target Amount
$500,000
Maximum Amount
2018-01-29
Deadline
Security Details
Type: Crowd Safe (Simple Agreement for Future Equity) Units
Price per share: $1.00
Shares offered: 50,000+
Offering Costs
Cash commission: 7%
7.0%
Equity compensation: 2%
The Intermediary shall receive Crowd SAFE Units in a principal amount that is equal to 2% (two percent) of the aggregate principal amount of all Crowd SAFE Units issued in the Offering.
Financial Reports
Offering via FIRST DEMOCRACY VC
Offering History
As of 2017-12-06
Raising $50,000 -$500,000 via 50,000+ shares of crowd Safe (Simple Agreement for Future Equity) Units at $1.00 per share
Deadline: 2018-01-29
| Filing date | 2017-12-06 |
|---|---|
| Current employees | 5 |
| Act received most recent fiscal year | $0.00 |
| Act received prior fiscal year | $0.00 |
| Cash equi most recent fiscal year | $125,445 |
| Cash equi prior fiscal year | $63,961 |
| Cost goods sold most recent fiscal year | $29.00 |
| Cost goods sold prior fiscal year | $0.00 |
| Long term debt most recent fiscal year | $0.00 |
| Long term debt prior fiscal year | $85,748 |
| Net income most recent fiscal year | -$136,340.00 |
| Net income prior fiscal year | -$2,479.00 |
| Revenue most recent fiscal year | $730.00 |
| Revenue prior fiscal year | $0.00 |
| Short term debt most recent fiscal year | $320,795 |
| Short term debt prior fiscal year | $988.00 |
| Tax paid most recent fiscal year | $0.00 |
| Tax paid prior fiscal year | $0.00 |
| Total asset most recent fiscal year | $186,305 |
| Total asset prior fiscal year | $88,895 |
Company Information
Latest Metrics
Employees5
Total Assets$186,305
Cash on Hand$125,445
Revenues$730.00
Net Income-$136,340.00