Relay On Demand, Inc.

CIK: 1830560DEIncorporated: 2018-02-22

Current Offering

$25,000
Target Amount
$1,070,000
Maximum Amount
2021-04-21
Deadline

Security Details

Type: Crowd SAFE (Simple Agreement for Future Equity)
Price per share: $1.00
Shares offered: 25,000+

Offering Costs

Cash commission: 6%
At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the intermediary.
Equity compensation: 2%
The Intermediary will also receive compensation in the form of securities equal to two percent (2%) of the total number of the securities sold in the offering.

Financial Reports

Offering via Republic

Offering History

As of 2021-01-19
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-04-21
As of 2022-08-26
Raising $50,003 -$534,998 via 11,548+ shares of preferred Stock at $5.00 per share
Deadline: 2023-04-30
Filing date2021-01-192022-08-26
Current employees55
Act received most recent fiscal year$0.00$49,997
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$10,336$112,064
Cash equi prior fiscal year$2,783$46,080
Cost goods sold most recent fiscal year$444,033$2,735,501
Cost goods sold prior fiscal year$0.00$955,298
Long term debt most recent fiscal year$99,643$358,746
Long term debt prior fiscal year$0.00$328,198
Net income most recent fiscal year-$229,101.00-$372,834.00
Net income prior fiscal year-$96,639.00-$186,131.00
Revenue most recent fiscal year$461,117$3,102,370
Revenue prior fiscal year$0.00$1,045,832
Short term debt most recent fiscal year$31,645$20,685
Short term debt prior fiscal year$2,546$30,888
Tax paid most recent fiscal year$0.00$850.00
Tax paid prior fiscal year$0.00$850.00
Total asset most recent fiscal year$179,348$162,062
Total asset prior fiscal year$167,783$46,080

Financial Reports

Offering History

As of 2021-01-19
Raising $25,000 -$1,070,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-04-21
As of 2022-08-26
Raising $50,003 -$534,998 via 11,548+ shares of preferred Stock at $5.00 per share
Deadline: 2023-04-30
Filing date2021-01-192022-08-26
Current employees55
Act received most recent fiscal year$0.00$49,997
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$10,336$112,064
Cash equi prior fiscal year$2,783$46,080
Cost goods sold most recent fiscal year$444,033$2,735,501
Cost goods sold prior fiscal year$0.00$955,298
Long term debt most recent fiscal year$99,643$358,746
Long term debt prior fiscal year$0.00$328,198
Net income most recent fiscal year-$229,101.00-$372,834.00
Net income prior fiscal year-$96,639.00-$186,131.00
Revenue most recent fiscal year$461,117$3,102,370
Revenue prior fiscal year$0.00$1,045,832
Short term debt most recent fiscal year$31,645$20,685
Short term debt prior fiscal year$2,546$30,888
Tax paid most recent fiscal year$0.00$850.00
Tax paid prior fiscal year$0.00$850.00
Total asset most recent fiscal year$179,348$162,062
Total asset prior fiscal year$167,783$46,080

Company Information

Corporation
DE
2018-02-22

Latest Metrics

Employees5
Total Assets$179,348
Cash on Hand$10,336
Revenues$461,117
Net Income-$229,101.00

Crowdfunding Portals

This company is raising funds through this portal