Volcanic LLC

CIK: 1869822UTIncorporated: 2020-05-06

Current Offering

$50,000
Target Amount
$5,000,000
Maximum Amount
2024-04-29
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 50,000+

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 2023-05-25
Raising $50,000 -$5,000,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
Filing date2023-05-25
Current employees5
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$54,761
Cash equi prior fiscal year$36,924
Cost goods sold most recent fiscal year$0.00
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$300,000
Long term debt prior fiscal year$200,000
Net income most recent fiscal year-$1,014,437.00
Net income prior fiscal year-$1,730,634.00
Revenue most recent fiscal year$0.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$1,160,983
Short term debt prior fiscal year$498,417
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$918,699
Total asset prior fiscal year$670,572

Company Information

Limited Liability Company
UT
2020-05-06

Latest Metrics

Employees5
Total Assets$918,699
Cash on Hand$54,761
Revenues$0.00
Net Income-$1,014,437.00

Crowdfunding Portals

This company is raising funds through this portal