Current Offering
$50,000
Target Amount
$800,000
Maximum Amount
2018-06-11
Deadline
Security Details
Type: Preferred Stock
Price per share: $0.42
Shares offered: 119,048+
Offering Costs
Cash commission: 7%
7.0%
Equity compensation: 2%
First Democracy VC will be entitled to receive a number of shares of Series B Preferred Stock of the issuer that is equal to two percent (2%) of the total number of shares sold by the issuer in in the Offering.
Financial Reports
Offering via FIRST DEMOCRACY VC
Offering History
As of 2018-04-12
Raising $50,000 -$800,000 via 119,048+ shares of preferred Stock at $0.42 per share
Deadline: 2018-06-11
| Filing date | 2018-04-12 |
|---|---|
| Current employees | 4 |
| Act received most recent fiscal year | $52,682 |
| Act received prior fiscal year | $8,902 |
| Cash equi most recent fiscal year | $28,733 |
| Cash equi prior fiscal year | $42,215 |
| Cost goods sold most recent fiscal year | $62,770 |
| Cost goods sold prior fiscal year | $305,179 |
| Long term debt most recent fiscal year | $146,369 |
| Long term debt prior fiscal year | $36,730 |
| Net income most recent fiscal year | -$61,519.00 |
| Net income prior fiscal year | -$319,445.00 |
| Revenue most recent fiscal year | $333,803 |
| Revenue prior fiscal year | $485,333 |
| Short term debt most recent fiscal year | $63,753 |
| Short term debt prior fiscal year | $6,273 |
| Tax paid most recent fiscal year | $0.00 |
| Tax paid prior fiscal year | $0.00 |
| Total asset most recent fiscal year | $440,764 |
| Total asset prior fiscal year | $335,164 |
Company Information
Latest Metrics
Employees4
Total Assets$440,764
Cash on Hand$28,733
Revenues$333,803
Net Income-$61,519.00