Current Offering
$50,000
Target Amount
$1,070,000
Maximum Amount
2020-04-17
Deadline
Security Details
Type: Convertible Note
Price per share: $1.00
Shares offered: 50,000+
Offering Costs
Cash commission: 7%
6.5% 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 2019-12-24
Raising $50,000 -$1,070,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-04-17
As of 2020-04-22
Raising $50,000 -$1,070,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-06-30
As of 2022-04-19
Raising $50,000 -$183,461 via 50,000+ shares of lLC interests in NovoMoto Exchange I EB I*, NovoMoto
Exchange I EB II*, and NovoMoto Exchange I* (*,a series of Wefunder SPV, LLC). are being co-offered by the SPV(s) and the
Company in exchange for the previously issued securities in a Reg CF offering. at $1.00 per share
Deadline: 2022-06-30
| Filing date | 2019-12-24 | 2020-04-22 | 2022-04-19 |
|---|---|---|---|
| Current employees | 5 | 5 | 12 |
| Act received most recent fiscal year | $26,441 | $31,101 | $310,574 |
| Act received prior fiscal year | $10,904 | $23,046 | $80,646 |
| Cash equi most recent fiscal year | $67,953 | $21,743 | $50,648 |
| Cash equi prior fiscal year | $29,792 | $73,768 | $194,600 |
| Cost goods sold most recent fiscal year | $27,822 | $22,637 | $300,703 |
| Cost goods sold prior fiscal year | $5,907 | $27,393 | $48,084 |
| Long term debt most recent fiscal year | $204,473 | $99,388 | $0.00 |
| Long term debt prior fiscal year | $64,000 | $204,473 | $823,085 |
| Net income most recent fiscal year | -$30,629.00 | -$165,905.00 | -$363,123.00 |
| Net income prior fiscal year | -$7,145.00 | -$57,362.00 | -$257,068.00 |
| Revenue most recent fiscal year | $21,045 | $27,449 | $466,420 |
| Revenue prior fiscal year | $10,904 | $37,825 | $108,653 |
| Short term debt most recent fiscal year | $0.00 | $295,793 | $1,201,981 |
| Short term debt prior fiscal year | $0.00 | $0.00 | $291,221 |
| Tax paid most recent fiscal year | $64.00 | $47.00 | $982.00 |
| Tax paid prior fiscal year | $6.00 | $64.00 | $1,045 |
| Total asset most recent fiscal year | $147,604 | $167,072 | $390,339 |
| Total asset prior fiscal year | $65,037 | $141,796 | $665,787 |
Financial Reports
Offering via Wefunder
Offering History
As of 2019-12-24
Raising $50,000 -$1,070,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-04-17
As of 2020-04-22
Raising $50,000 -$1,070,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-06-30
As of 2022-04-19
Raising $50,000 -$183,461 via 50,000+ shares of lLC interests in NovoMoto Exchange I EB I*, NovoMoto
Exchange I EB II*, and NovoMoto Exchange I* (*,a series of Wefunder SPV, LLC). are being co-offered by the SPV(s) and the
Company in exchange for the previously issued securities in a Reg CF offering. at $1.00 per share
Deadline: 2022-06-30
| Filing date | 2019-12-24 | 2020-04-22 | 2022-04-19 |
|---|---|---|---|
| Current employees | 5 | 5 | 12 |
| Act received most recent fiscal year | $26,441 | $31,101 | $310,574 |
| Act received prior fiscal year | $10,904 | $23,046 | $80,646 |
| Cash equi most recent fiscal year | $67,953 | $21,743 | $50,648 |
| Cash equi prior fiscal year | $29,792 | $73,768 | $194,600 |
| Cost goods sold most recent fiscal year | $27,822 | $22,637 | $300,703 |
| Cost goods sold prior fiscal year | $5,907 | $27,393 | $48,084 |
| Long term debt most recent fiscal year | $204,473 | $99,388 | $0.00 |
| Long term debt prior fiscal year | $64,000 | $204,473 | $823,085 |
| Net income most recent fiscal year | -$30,629.00 | -$165,905.00 | -$363,123.00 |
| Net income prior fiscal year | -$7,145.00 | -$57,362.00 | -$257,068.00 |
| Revenue most recent fiscal year | $21,045 | $27,449 | $466,420 |
| Revenue prior fiscal year | $10,904 | $37,825 | $108,653 |
| Short term debt most recent fiscal year | $0.00 | $295,793 | $1,201,981 |
| Short term debt prior fiscal year | $0.00 | $0.00 | $291,221 |
| Tax paid most recent fiscal year | $64.00 | $47.00 | $982.00 |
| Tax paid prior fiscal year | $6.00 | $64.00 | $1,045 |
| Total asset most recent fiscal year | $147,604 | $167,072 | $390,339 |
| Total asset prior fiscal year | $65,037 | $141,796 | $665,787 |
Company Information
Latest Metrics
Employees5
Total Assets$147,604
Cash on Hand$67,953
Revenues$21,045
Net Income-$30,629.00