Flexable LLC

CIK: 1793655PAIncorporated: 2016-07-13

Current Offering

$50,000
Target Amount
$107,000
Maximum Amount
2019-12-23
Deadline

Security Details

Type: Convertible Note
Price per share: $1.00
Shares offered: 50,000+

Offering Costs

Cash commission: 6%
6.0% of total offering. 2.85% per investment (capped @ $37.25) and a $250 posting fee
Equity compensation: 0%
None

Financial Reports

Offering via Honeycomb

Offering History

As of 2019-11-08
Raising $50,000 -$107,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2019-12-23
As of 2019-11-18
Raising $25,000 -$107,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-02-18
As of 2020-05-12
Raising $25,000 -$481,500 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2020-12-31
Filing date2019-11-082020-05-12
Current employees361
Act received most recent fiscal year$0.00$5,538
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$46,285$10,462
Cash equi prior fiscal year$31,928$46,241
Cost goods sold most recent fiscal year$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00
Long term debt most recent fiscal year$268,228$402,047
Long term debt prior fiscal year$52,883$256,666
Net income most recent fiscal year-$115,043.00-$152,471.00
Net income prior fiscal year-$26,498.00-$123,039.00
Revenue most recent fiscal year$65,422$123,895
Revenue prior fiscal year$46,050$65,442
Short term debt most recent fiscal year$2,461$10,972
Short term debt prior fiscal year$0.00$5,624
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$47,837$17,948
Total asset prior fiscal year$31,928$47,791

Financial Reports

Offering History

As of 2019-11-08
Raising $50,000 -$107,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2019-12-23
As of 2019-11-18
Raising $25,000 -$107,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-02-18
As of 2020-05-12
Raising $25,000 -$481,500 via 25,000+ shares of crowd Safe Units of SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2020-12-31
Filing date2019-11-082020-05-12
Current employees361
Act received most recent fiscal year$0.00$5,538
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$46,285$10,462
Cash equi prior fiscal year$31,928$46,241
Cost goods sold most recent fiscal year$0.00$0.00
Cost goods sold prior fiscal year$0.00$0.00
Long term debt most recent fiscal year$268,228$402,047
Long term debt prior fiscal year$52,883$256,666
Net income most recent fiscal year-$115,043.00-$152,471.00
Net income prior fiscal year-$26,498.00-$123,039.00
Revenue most recent fiscal year$65,422$123,895
Revenue prior fiscal year$46,050$65,442
Short term debt most recent fiscal year$2,461$10,972
Short term debt prior fiscal year$0.00$5,624
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$47,837$17,948
Total asset prior fiscal year$31,928$47,791

Company Information

Limited Liability Company
PA
2016-07-13

Latest Metrics

Employees36
Total Assets$47,837
Cash on Hand$46,285
Revenues$65,422
Net Income-$115,043.00

Crowdfunding Portals

This company is raising funds through this portal