Mod Tech Labs Inc.

CIK: 1829335DEIncorporated: 2020-01-22

Current Offering

$50,001
Target Amount
$999,999
Maximum Amount
2022-04-30
Deadline

Security Details

Type: Preferred Stock
Price per share: $1.27
Shares offered: 44,390+

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 2021-07-30
Raising $50,001 -$999,999 via 44,390+ shares of preferred Stock at $1.27 per share
Deadline: 2022-04-30
Filing date2021-07-30
Current employees4
Act received most recent fiscal year$70,000
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$58,483
Cash equi prior fiscal year$0.00
Cost goods sold most recent fiscal year$11,122
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$358,128
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$403,121.00
Net income prior fiscal year$0.00
Revenue most recent fiscal year$34,275
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$10,456
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$165,463
Total asset prior fiscal year$0.00

Company Information

Corporation
DE
2020-01-22

Latest Metrics

Employees4
Total Assets$165,463
Cash on Hand$58,483
Revenues$34,275
Net Income-$403,121.00

Crowdfunding Portals

This company is raising funds through this portal