Modern Times Drinks, Inc.

CIK: 1771430CAIncorporated: 2017-05-01

Current Offering

$50,188
Target Amount
$1,069,832
Maximum Amount
2019-04-30
Deadline

Security Details

Type: Common Stock
Price per share: $252.20
Shares offered: 199+

Offering Costs

Cash commission: 8%
7.5% 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: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2019-04-08
Raising $50,188 -$1,069,832 via 199+ shares of common Stock at $252.20 per share
Deadline: 2019-04-30
Filing date2019-04-08
Current employees225
Act received most recent fiscal year$1,268,375
Act received prior fiscal year$1,014,866
Cash equi most recent fiscal year$701,879
Cash equi prior fiscal year$2,167,017
Cost goods sold most recent fiscal year$11,756,743
Cost goods sold prior fiscal year$7,703,935
Long term debt most recent fiscal year$17,993,629
Long term debt prior fiscal year$2,281,551
Net income most recent fiscal year-$1,259,982.00
Net income prior fiscal year$2,690,861
Revenue most recent fiscal year$19,234,987
Revenue prior fiscal year$14,856,950
Short term debt most recent fiscal year$4,252,583
Short term debt prior fiscal year$2,421,294
Tax paid most recent fiscal year$108,066
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$13,418,957
Total asset prior fiscal year$9,866,342

Company Information

Corporation
CA
2017-05-01

Latest Metrics

Employees225
Total Assets$13,418,957
Cash on Hand$701,879
Revenues$19,234,987
Net Income-$1,259,982.00

Crowdfunding Portals

This company is raising funds through this portal