POWERHANDZ Inc

CIK: 1744761TXIncorporated: 2013-11-21

Current Offering

$50,000
Target Amount
$107,000
Maximum Amount
2019-02-01
Deadline

Security Details

Type: Preferred Stock
Price per share: $0.44
Shares offered: 114,182+

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 2018-08-07
Raising $50,000 -$107,000 via 114,182+ shares of preferred Stock at $0.44 per share
Deadline: 2019-02-01
As of 2019-02-06
Raising $50,000 -$107,000 via 114,182+ shares of preferred Stock at $0.44 per share
Deadline: 2019-04-01
Filing date2018-08-07
Current employees4
Act received most recent fiscal year$43,265
Act received prior fiscal year$82,104
Cash equi most recent fiscal year$118,192
Cash equi prior fiscal year$225,651
Cost goods sold most recent fiscal year$200,534
Cost goods sold prior fiscal year$366,703
Long term debt most recent fiscal year$380,000
Long term debt prior fiscal year$369,000
Net income most recent fiscal year$263,155
Net income prior fiscal year$212,411
Revenue most recent fiscal year$577,293
Revenue prior fiscal year$791,523
Short term debt most recent fiscal year$484,729
Short term debt prior fiscal year$387,081
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$619,808
Total asset prior fiscal year$656,016

Company Information

Corporation
TX
2013-11-21

Latest Metrics

Employees4
Total Assets$619,808
Cash on Hand$118,192
Revenues$577,293
Net Income$263,155

Crowdfunding Portals

This company is raising funds through this portal