Sunken Stone Inc.

CIK: 1820483CAIncorporated: 2009-03-17

Current Offering

$50,000
Target Amount
$1,070,000
Maximum Amount
2021-02-11
Deadline

Security Details

Type: Preferred Stock
Price per share: $5.00
Shares offered: 12,500+

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 2020-10-19
Raising $50,000 -$1,070,000 via 12,500+ shares of preferred Stock at $5.00 per share
Deadline: 2021-02-11
Filing date2020-10-19
Current employees18
Act received most recent fiscal year$21,849
Act received prior fiscal year$3,000
Cash equi most recent fiscal year$504,580
Cash equi prior fiscal year$544,429
Cost goods sold most recent fiscal year$29,094,755
Cost goods sold prior fiscal year$19,492,106
Long term debt most recent fiscal year$95,412
Long term debt prior fiscal year$95,412
Net income most recent fiscal year$141,544
Net income prior fiscal year$256,911
Revenue most recent fiscal year$31,496,566
Revenue prior fiscal year$21,460,468
Short term debt most recent fiscal year$1,152,799
Short term debt prior fiscal year$926,618
Tax paid most recent fiscal year$35,609
Tax paid prior fiscal year$17,287
Total asset most recent fiscal year$1,247,972
Total asset prior fiscal year$1,124,694

Company Information

Corporation
CA
2009-03-17

Latest Metrics

Employees18
Total Assets$1,247,972
Cash on Hand$504,580
Revenues$31,496,566
Net Income$141,544

Crowdfunding Portals

This company is raising funds through this portal