Solectrac, Inc.

CIK: 1811231CAIncorporated: 2019-05-28

Current Offering

$10,000
Target Amount
$1,070,000
Maximum Amount
2020-08-26
Deadline

Security Details

Type: Common Stock
Price per share: $1.00
Shares offered: 10,000+

Offering Costs

Cash commission: 7%
7.0 percent
Equity compensation: 0%
N/A

Financial Reports

Offering via StartEngine

Offering History

As of 2020-05-28
Raising $10,000 -$1,070,000 via 10,000+ shares of common Stock at $1.00 per share
Deadline: 2020-08-26
As of 2020-08-24
Raising $10,000 -$1,070,000 via 10,000+ shares of common Stock at $1.00 per share
Deadline: 2020-10-26
As of 2020-10-23
Raising $10,000 -$1,070,000 via 10,000+ shares of common Stock at $1.00 per share
Deadline: 2020-11-25
As of 2020-11-25
Raising $10,000 -$1,070,000 via 10,000+ shares of common Stock at $1.00 per share
Deadline: 2020-12-08
Filing date2020-05-28
Current employees1
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$114,210
Cash equi prior fiscal year$3,247
Cost goods sold most recent fiscal year$51,680
Cost goods sold prior fiscal year$96,622
Long term debt most recent fiscal year$166,586
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$167,883.00
Net income prior fiscal year-$194,834.00
Revenue most recent fiscal year$83,258
Revenue prior fiscal year$71,910
Short term debt most recent fiscal year$97,593
Short term debt prior fiscal year$60,000
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$186,873
Total asset prior fiscal year$3,247

Company Information

Corporation
CA
2019-05-28

Latest Metrics

Employees1
Total Assets$186,873
Cash on Hand$114,210
Revenues$83,258
Net Income-$167,883.00

Crowdfunding Portals

This company is raising funds through this portal