Current Offering
$50,000
Target Amount
$1,070,000
Maximum Amount
2018-08-20
Deadline
Security Details
Type: Crowd Note
Price per share: $1.00
Shares offered: 50,000+
Offering Costs
Cash commission: 7%
The issuer shall pay to the intermediary at the conclusion of the offering a fee consisting of seven
percent (7.0%) commission based on the amount of investments raised in the Offering.
Equity compensation: 2%
The intermediary will receive a number of Crowd Notes of the issuer that is equal to two percent
(2.0%) of the total number of Securities sold by the issuer in the Offering.
Financial Reports
Offering via FIRST DEMOCRACY VC
Offering History
As of 2018-06-22
Raising $50,000 -$1,070,000 via 50,000+ shares of crowd Note at $1.00 per share
Deadline: 2018-08-20
As of 2018-08-21
Raising $50,000 -$1,070,000 via 50,000+ shares of crowd Note at $1.00 per share
Deadline: 2018-08-20
| Filing date | 2018-06-22 |
|---|---|
| Current employees | 0 |
| Act received most recent fiscal year | $113,853 |
| Act received prior fiscal year | $198,377 |
| Cash equi most recent fiscal year | $84,396 |
| Cash equi prior fiscal year | $176,286 |
| Cost goods sold most recent fiscal year | $866,751 |
| Cost goods sold prior fiscal year | $502,496 |
| Long term debt most recent fiscal year | $25,000 |
| Long term debt prior fiscal year | $25,000 |
| Net income most recent fiscal year | $114,963 |
| Net income prior fiscal year | -$48,531.00 |
| Revenue most recent fiscal year | $1,689,008 |
| Revenue prior fiscal year | $1,147,413 |
| Short term debt most recent fiscal year | $128,628 |
| Short term debt prior fiscal year | $373,690 |
| Tax paid most recent fiscal year | $25.00 |
| Tax paid prior fiscal year | $14.00 |
| Total asset most recent fiscal year | $743,574 |
| Total asset prior fiscal year | $873,672 |
Company Information
Latest Metrics
Employees0
Total Assets$743,574
Cash on Hand$84,396
Revenues$1,689,008
Net Income$114,963