TROPICAL RACING INC

CIK: 1746611FLIncorporated: 2017-03-31

Current Offering

$100,000
Target Amount
$1,070,000
Maximum Amount
2021-03-30
Deadline

Security Details

Type: Class A Common Stock
Price per share: $2.25
Shares offered: 44,444+

Offering Costs

Cash commission: 6%
At the conclusion of the offering, the issuer shall pay to the Intermediary a fee of six percent (6%) of the amount raised in the offering.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to two percent (2%) of the total number of the securities sold in the offering.

Financial Reports

Offering via Republic

Offering History

As of 2021-02-04
Raising $100,000 -$1,070,000 via 44,444+ shares of class A Common Stock at $2.25 per share
Deadline: 2021-03-30
Filing date2021-02-04
Current employees6
Act received most recent fiscal year$0.00
Act received prior fiscal year$84.00
Cash equi most recent fiscal year$94,901
Cash equi prior fiscal year$90,410
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$3,002,343
Long term debt prior fiscal year$137,654
Net income most recent fiscal year-$1,603,752.00
Net income prior fiscal year-$1,128,000.00
Revenue most recent fiscal year$90,167
Revenue prior fiscal year$126,796
Short term debt most recent fiscal year$233,310
Short term debt prior fiscal year$65,813
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$3,301,808
Total asset prior fiscal year$299,004

Company Information

Corporation
FL
2017-03-31

Latest Metrics

Employees6
Total Assets$3,301,808
Cash on Hand$94,901
Revenues$90,167
Net Income-$1,603,752.00

Crowdfunding Portals

This company is raising funds through this portal