First Crop Inc.

CIK: 1774638DEIncorporated: 2019-03-18

Current Offering

$50,000
Target Amount
$1,070,000
Maximum Amount
2021-09-13
Deadline

Security Details

Type: Preferred Stock
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 5%
The issuer shall pay to the intermediary at the conclusion of the offering a fee consisting of five percent (5%) commission based on the amount of investments raised in the Offering and paid upon disbursement of funds from escrow at the time of closing.
Equity compensation: 2%
The intermediary will receive a number of Crowd Notes of the issuer that is equal to two percent (2%) of the total number of Crowd Notes sold by the issuer in the Offering.

Financial Reports

Offering via

Offering History

As of 2021-04-12
Raising $50,000 -$1,070,000 via 50,000+ shares of preferred Stock at $1.00 per share
Deadline: 2021-09-13
Filing date2021-04-122021-05-20
Current employees77
Act received most recent fiscal year$10,877$10,877
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$323,401$323,401
Cash equi prior fiscal year$199,692$199,692
Cost goods sold most recent fiscal year$341,320$341,320
Cost goods sold prior fiscal year$0.00$0.00
Long term debt most recent fiscal year$551,127$551,127
Long term debt prior fiscal year$647,459$647,459
Net income most recent fiscal year-$1,472,629.00-$1,480,084.00
Net income prior fiscal year-$1,549,170.00-$1,549,170.00
Revenue most recent fiscal year$331,362$331,362
Revenue prior fiscal year$0.00$0.00
Short term debt most recent fiscal year$394,908$394,908
Short term debt prior fiscal year$4,108$4,108
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$2,587,352$2,587,352
Total asset prior fiscal year$1,925,609$1,925,609

Company Information

Corporation
DE
2019-03-18

Latest Metrics

Employees7
Total Assets$2,587,352
Cash on Hand$323,401
Revenues$331,362
Net Income-$1,472,629.00

Crowdfunding Portals

This company is raising funds through this portal