Phat Scooters, Inc.

CIK: 1820473DEIncorporated: 2017-03-12

Current Offering

$250,000
Target Amount
$1,070,000
Maximum Amount
2020-12-02
Deadline

Security Details

Type: Convertible Note
Price per share: $1.00
Shares offered: 250,000+

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 2020-08-24
Raising $250,000 -$1,070,000 via 250,000+ shares of convertible Note at $1.00 per share
Deadline: 2020-12-02
Filing date2020-08-24
Current employees50
Act received most recent fiscal year$22,666
Act received prior fiscal year$46,817
Cash equi most recent fiscal year$36,385
Cash equi prior fiscal year$128,245
Cost goods sold most recent fiscal year$709,065
Cost goods sold prior fiscal year$857,728
Long term debt most recent fiscal year$527,497
Long term debt prior fiscal year$32,377
Net income most recent fiscal year-$781,843.00
Net income prior fiscal year-$364,765.00
Revenue most recent fiscal year$2,747,844
Revenue prior fiscal year$2,163,035
Short term debt most recent fiscal year$4,242,455
Short term debt prior fiscal year$176,128
Tax paid most recent fiscal year$21,131
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$4,662,458
Total asset prior fiscal year$520,040

Company Information

Corporation
DE
2017-03-12

Latest Metrics

Employees50
Total Assets$4,662,458
Cash on Hand$36,385
Revenues$2,747,844
Net Income-$781,843.00

Crowdfunding Portals

This company is raising funds through this portal