MagNet Analytics, Inc.

CIK: 1800203DEIncorporated: 2018-05-22

Current Offering

$50,000
Target Amount
$1,069,994
Maximum Amount
2020-05-29
Deadline

Security Details

Type: Preferred Stock
Price per share: $6.80
Shares offered: 9,804+

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 2020-02-24
Raising $50,000 -$1,069,994 via 9,804+ shares of preferred Stock at $6.80 per share
Deadline: 2020-05-29
As of 2020-06-10
Raising $50,000 -$1,069,994 via 9,804+ shares of preferred Stock at $6.80 per share
Deadline: 2020-08-29
As of 2021-02-24
Raising $50,000 -$1,069,994 via 9,804+ shares of preferred Stock at $6.80 per share
Deadline: 2020-11-30
As of 2021-02-26
Raising $50,003 -$249,995 via 10,061+ shares of preferred Stock at $6.63 per share
Deadline: 2022-04-30
Filing date2020-02-242021-02-26
Current employees33
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$22.00$35,033
Cash equi prior fiscal year$10,480$22.00
Cost goods sold most recent fiscal year$358.00$0.00
Cost goods sold prior fiscal year$34,529-$358.00
Long term debt most recent fiscal year$0.00$0.00
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$325,755.00-$106,363.03
Net income prior fiscal year-$793,494.00-$344,288.00
Revenue most recent fiscal year$21,349$10,000
Revenue prior fiscal year$34,771$21,349
Short term debt most recent fiscal year$2,927$7,363
Short term debt prior fiscal year$0.00$2,927
Tax paid most recent fiscal year$1,557$1,146
Tax paid prior fiscal year$3,250$1,557
Total asset most recent fiscal year$139,228$35,033
Total asset prior fiscal year$394,733$139,228

Financial Reports

Offering via Wefunder

Offering History

As of 2020-02-24
Raising $50,000 -$1,069,994 via 9,804+ shares of preferred Stock at $6.80 per share
Deadline: 2020-05-29
As of 2020-06-10
Raising $50,000 -$1,069,994 via 9,804+ shares of preferred Stock at $6.80 per share
Deadline: 2020-08-29
As of 2021-02-24
Raising $50,000 -$1,069,994 via 9,804+ shares of preferred Stock at $6.80 per share
Deadline: 2020-11-30
As of 2021-02-26
Raising $50,003 -$249,995 via 10,061+ shares of preferred Stock at $6.63 per share
Deadline: 2022-04-30
Filing date2020-02-242021-02-26
Current employees33
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$22.00$35,033
Cash equi prior fiscal year$10,480$22.00
Cost goods sold most recent fiscal year$358.00$0.00
Cost goods sold prior fiscal year$34,529-$358.00
Long term debt most recent fiscal year$0.00$0.00
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$325,755.00-$106,363.03
Net income prior fiscal year-$793,494.00-$344,288.00
Revenue most recent fiscal year$21,349$10,000
Revenue prior fiscal year$34,771$21,349
Short term debt most recent fiscal year$2,927$7,363
Short term debt prior fiscal year$0.00$2,927
Tax paid most recent fiscal year$1,557$1,146
Tax paid prior fiscal year$3,250$1,557
Total asset most recent fiscal year$139,228$35,033
Total asset prior fiscal year$394,733$139,228

Company Information

Corporation
DE
2018-05-22

Latest Metrics

Employees3
Total Assets$139,228
Cash on Hand$22.00
Revenues$21,349
Net Income-$325,755.00

Crowdfunding Portals

This company is raising funds through this portal