Rad Technologies Inc.

CIK: 1810055DEIncorporated: 2018-10-12

Current Offering

$100,000
Target Amount
$1,070,000
Maximum Amount
2020-09-18
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 100,000+

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 2020-05-15
Raising $100,000 -$1,070,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2020-09-18
As of 2022-01-07
Raising $50,000 -$5,000,000 via 333,334+ shares of common Stock at $0.18 per share
Deadline: 2022-04-30
As of 2022-04-21
Raising $50,000 -$5,000,000 via 333,334+ shares of common Stock at $0.18 per share
Deadline: 2023-04-30
Filing date2020-05-152020-07-172022-01-072022-04-21
Current employees551414
Act received most recent fiscal year$15,655$5,773$43,944$249,354
Act received prior fiscal year$15,750$15,750$40,353$43,944
Cash equi most recent fiscal year$7,093$2,093$345,596$280,149
Cash equi prior fiscal year$113,518$108,519$4,092$345,596
Cost goods sold most recent fiscal year$238,137$233,638$156,551$136,460
Cost goods sold prior fiscal year$226,555$217,305$152,307$156,551
Long term debt most recent fiscal year$810,000$724,767$1,437,929$535,029
Long term debt prior fiscal year$0.00$244,017$792,366$1,437,929
Net income most recent fiscal year-$745,606.41-$706,123.00-$1,034,099.00-$1,044,968.00
Net income prior fiscal year-$366,085.24-$340,525.00-$712,929.00-$1,034,099.00
Revenue most recent fiscal year$672,188$672,189$169,666$515,854
Revenue prior fiscal year$274,400$274,400$671,474$169,666
Short term debt most recent fiscal year$2,000$199,167$1,288,713$297,377
Short term debt prior fiscal year$50,574$37,035$472,161$1,288,713
Tax paid most recent fiscal year$0.00$0.00$1,998$0.00
Tax paid prior fiscal year$0.00$0.00$102.00$1,998
Total asset most recent fiscal year$86,188$284,504$706,498$919,988
Total asset prior fiscal year$184,489$215,245$270,982$706,498

Financial Reports

Offering via Wefunder

Offering History

As of 2020-05-15
Raising $100,000 -$1,070,000 via 100,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2020-09-18
As of 2022-01-07
Raising $50,000 -$5,000,000 via 333,334+ shares of common Stock at $0.18 per share
Deadline: 2022-04-30
As of 2022-04-21
Raising $50,000 -$5,000,000 via 333,334+ shares of common Stock at $0.18 per share
Deadline: 2023-04-30
Filing date2020-05-152020-07-172022-01-072022-04-21
Current employees551414
Act received most recent fiscal year$15,655$5,773$43,944$249,354
Act received prior fiscal year$15,750$15,750$40,353$43,944
Cash equi most recent fiscal year$7,093$2,093$345,596$280,149
Cash equi prior fiscal year$113,518$108,519$4,092$345,596
Cost goods sold most recent fiscal year$238,137$233,638$156,551$136,460
Cost goods sold prior fiscal year$226,555$217,305$152,307$156,551
Long term debt most recent fiscal year$810,000$724,767$1,437,929$535,029
Long term debt prior fiscal year$0.00$244,017$792,366$1,437,929
Net income most recent fiscal year-$745,606.41-$706,123.00-$1,034,099.00-$1,044,968.00
Net income prior fiscal year-$366,085.24-$340,525.00-$712,929.00-$1,034,099.00
Revenue most recent fiscal year$672,188$672,189$169,666$515,854
Revenue prior fiscal year$274,400$274,400$671,474$169,666
Short term debt most recent fiscal year$2,000$199,167$1,288,713$297,377
Short term debt prior fiscal year$50,574$37,035$472,161$1,288,713
Tax paid most recent fiscal year$0.00$0.00$1,998$0.00
Tax paid prior fiscal year$0.00$0.00$102.00$1,998
Total asset most recent fiscal year$86,188$284,504$706,498$919,988
Total asset prior fiscal year$184,489$215,245$270,982$706,498

Company Information

Corporation
DE
2018-10-12

Latest Metrics

Employees5
Total Assets$86,188
Cash on Hand$7,093
Revenues$672,188
Net Income-$745,606.41

Crowdfunding Portals

This company is raising funds through this portal