The LYC Products Company, Inc

CIK: 1827746ILIncorporated: 2018-08-08

Current Offering

$100,000
Target Amount
$500,000
Maximum Amount
2021-04-01
Deadline

Security Details

Type: Convertible Note
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 2020-12-04
Raising $100,000 -$500,000 via 100,000+ shares of convertible Note at $1.00 per share
Deadline: 2021-04-01
Filing date2020-12-04
Current employees3
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$9,161
Cash equi prior fiscal year$2,000
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$150,000
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$186,814.00
Net income prior fiscal year-$8,133.00
Revenue most recent fiscal year$0.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$3,518
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$206,861
Total asset prior fiscal year$20,000

Company Information

Corporation
IL
2018-08-08

Latest Metrics

Employees3
Total Assets$206,861
Cash on Hand$9,161
Revenues$0.00
Net Income-$186,814.00

Crowdfunding Portals

This company is raising funds through this portal