Current Offering
$25,000
Target Amount
$107,000
Maximum Amount
2018-12-03
Deadline
Security Details
Type: Series Seed Preferred Units
Price per share: $5.00
Shares offered: 5,000+
Offering Costs
Cash commission: 7%
The issuer shall pay to the intermediary at the conclusion of the Offering a fee consisting of six and one-half percent (6.50%) commission based on the amount of investments raised in the Offering.
Equity compensation: 2%
The intermediary will receive a number of Series Seed Preferred Units 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 2018-10-04
Raising $25,000 -$107,000 via 5,000+ shares of series Seed Preferred Units at $5.00 per share
Deadline: 2018-12-03
As of 2018-11-13
Raising $25,000 -$500,000 via 5,000+ shares of series Seed Preferred Units at $5.00 per share
Deadline: 2018-12-10
| Filing date | 2018-10-04 | 2018-11-13 |
|---|---|---|
| Current employees | 2 | 2 |
| Act received most recent fiscal year | $0.00 | $0.00 |
| Act received prior fiscal year | $0.00 | $0.00 |
| Cash equi most recent fiscal year | $594.83 | $594.00 |
| Cash equi prior fiscal year | $6,006 | $6,006 |
| Cost goods sold most recent fiscal year | $637.74 | $0.00 |
| Cost goods sold prior fiscal year | $8,367 | $12,780 |
| Long term debt most recent fiscal year | $0.00 | $0.00 |
| Long term debt prior fiscal year | $0.00 | $0.00 |
| Net income most recent fiscal year | -$5,074.90 | -$6,015.00 |
| Net income prior fiscal year | -$5,499.36 | -$9,913.00 |
| Revenue most recent fiscal year | $0.00 | $0.00 |
| Revenue prior fiscal year | $12,911 | $12,011 |
| Short term debt most recent fiscal year | $19,517 | $19,517 |
| Short term debt prior fiscal year | $20,885 | $20,885 |
| Tax paid most recent fiscal year | $0.00 | $0.00 |
| Tax paid prior fiscal year | $0.00 | $0.00 |
| Total asset most recent fiscal year | $9,605 | $2,405 |
| Total asset prior fiscal year | $14,326 | $7,126 |
Company Information
Latest Metrics
Employees2
Total Assets$9,605
Cash on Hand$594.83
Revenues$0.00
Net Income-$5,074.90