Suitable Inc

CIK: 1788590DEIncorporated: 2015-11-30

Current Offering

$25,000
Target Amount
$952,000
Maximum Amount
2019-12-27
Deadline

Security Details

Type: Preferred Stock
Price per share: $0.26
Shares offered: 107,759+

Offering Costs

Cash commission: 8%
7.5% of the amount raised
Equity compensation: 5%
SI Securities will receive equity compensation equal to 5% of the number of securities sold.

Financial Reports

Offering via

Offering History

As of 2019-10-30
Raising $25,000 -$952,000 via 107,759+ shares of preferred Stock at $0.26 per share
Deadline: 2019-12-27
As of 2021-11-08
Raising $25,000 -$535,000 via 47,710+ shares of preferred Stock at $0.52 per share
Deadline: 2022-01-29
Filing date2019-10-302021-11-08
Current employees26
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$1,907
Cash equi most recent fiscal year$39,370$140,486
Cash equi prior fiscal year$291,301$108,020
Cost goods sold most recent fiscal year$127,964$475,150
Cost goods sold prior fiscal year$84,796$175,348
Long term debt most recent fiscal year$134,263$144,903
Long term debt prior fiscal year$134,263$0.00
Net income most recent fiscal year-$291,336.00-$225,799.00
Net income prior fiscal year-$313,690.00-$26,880.00
Revenue most recent fiscal year$328,583$1,146,666
Revenue prior fiscal year$228,149$689,176
Short term debt most recent fiscal year$107,809$234,000
Short term debt prior fiscal year$73,969$222,306
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$53,527$267,315
Total asset prior fiscal year$279,294$209,816

Financial Reports

Offering via

Offering History

As of 2019-10-30
Raising $25,000 -$952,000 via 107,759+ shares of preferred Stock at $0.26 per share
Deadline: 2019-12-27
As of 2021-11-08
Raising $25,000 -$535,000 via 47,710+ shares of preferred Stock at $0.52 per share
Deadline: 2022-01-29
Filing date2019-10-302021-11-08
Current employees26
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$1,907
Cash equi most recent fiscal year$39,370$140,486
Cash equi prior fiscal year$291,301$108,020
Cost goods sold most recent fiscal year$127,964$475,150
Cost goods sold prior fiscal year$84,796$175,348
Long term debt most recent fiscal year$134,263$144,903
Long term debt prior fiscal year$134,263$0.00
Net income most recent fiscal year-$291,336.00-$225,799.00
Net income prior fiscal year-$313,690.00-$26,880.00
Revenue most recent fiscal year$328,583$1,146,666
Revenue prior fiscal year$228,149$689,176
Short term debt most recent fiscal year$107,809$234,000
Short term debt prior fiscal year$73,969$222,306
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$53,527$267,315
Total asset prior fiscal year$279,294$209,816

Company Information

Other
DE
2015-11-30

Latest Metrics

Employees2
Total Assets$53,527
Cash on Hand$39,370
Revenues$328,583
Net Income-$291,336.00

Crowdfunding Portals

This company is raising funds through this portal