Current Offering
$50,000
Target Amount
$1,070,000
Maximum Amount
2018-06-25
Deadline
Security Details
Type: Revenue Sharing Promissory Notes
Price per share: $1.00
Shares offered: 50,000+
Offering Costs
Cash commission: 5%
5.0%
Equity compensation: 2%
The intermediary will receive a Promissory Note (Revenue Sharing Interest) in a principal amount
that is equal to 2% (two percent) of the aggregate principal amount of all Promissory Notes issued
in the Offering.
Financial Reports
Offering via FIRST DEMOCRACY VC
Offering History
As of 2018-04-23
Raising $50,000 -$1,070,000 via 50,000+ shares of revenue Sharing Promissory Notes at $1.00 per share
Deadline: 2018-06-25
As of 2018-05-17
Raising $50,000 -$1,070,000 via 50,000+ shares of revenue Sharing Promissory Notes at $1.00 per share
Deadline: 2018-07-25
As of 2018-07-27
Raising $50,000 -$1,070,000 via 50,000+ shares of revenue Sharing Promissory Notes at $1.00 per share
Deadline: 2018-07-25
| Filing date | 2018-04-23 |
|---|---|
| Current employees | 43 |
| Act received most recent fiscal year | $8,932 |
| Act received prior fiscal year | $0.00 |
| Cash equi most recent fiscal year | $1,367 |
| Cash equi prior fiscal year | $0.00 |
| Cost goods sold most recent fiscal year | $266,262 |
| Cost goods sold prior fiscal year | $0.00 |
| Long term debt most recent fiscal year | $1,406,805 |
| Long term debt prior fiscal year | $0.00 |
| Net income most recent fiscal year | -$205,715.00 |
| Net income prior fiscal year | $0.00 |
| Revenue most recent fiscal year | $1,033,094 |
| Revenue prior fiscal year | $0.00 |
| Short term debt most recent fiscal year | $248,469 |
| Short term debt prior fiscal year | $0.00 |
| Tax paid most recent fiscal year | $0.00 |
| Tax paid prior fiscal year | $0.00 |
| Total asset most recent fiscal year | $2,449,558 |
| Total asset prior fiscal year | $0.00 |
Company Information
Latest Metrics
Employees43
Total Assets$2,449,558
Cash on Hand$1,367
Revenues$1,033,094
Net Income-$205,715.00