Famterra, Inc

CIK: 1739377DEIncorporated: 2015-09-28

Current Offering

$100,000
Target Amount
$1,070,000
Maximum Amount
2018-11-07
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 100,000+

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 2018-05-08
Raising $100,000 -$1,070,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-11-07
As of 2018-09-26
Raising $100,000 -$200,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2018-10-03
Filing date2018-05-08
Current employees4
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$11,132
Cash equi prior fiscal year$2,128
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$457,472
Long term debt prior fiscal year$259,114
Net income most recent fiscal year-$194,571.00
Net income prior fiscal year-$154,002.00
Revenue most recent fiscal year$0.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$4,860
Short term debt prior fiscal year$127.00
Tax paid most recent fiscal year$800.00
Tax paid prior fiscal year$800.00
Total asset most recent fiscal year$11,132
Total asset prior fiscal year$2,128

Company Information

Corporation
DE
2015-09-28

Latest Metrics

Employees4
Total Assets$11,132
Cash on Hand$11,132
Revenues$0.00
Net Income-$194,571.00

Crowdfunding Portals

This company is raising funds through this portal