Infinite Composites, Inc.

CIK: 1877339DEIncorporated: 2010-10-01

Current Offering

$100,000
Target Amount
$1,070,000
Maximum Amount
2022-04-20
Deadline

Security Details

Type: Nonvoting Common Stock
Price per share: $3.41
Shares offered: 29,326+

Offering Costs

Cash commission: 8%
8% of amount raised as a cash commission.
Equity compensation: 2%
2% of the interest sold in the same form of security.

Financial Reports

Offering via Spaced Ventures

Offering History

As of 2021-10-20
Raising $100,000 -$1,070,000 via 29,326+ shares of nonvoting Common Stock at $3.41 per share
Deadline: 2022-04-20
Filing date2021-10-20
Current employees18
Act received most recent fiscal year$61,081
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$27,910
Cash equi prior fiscal year$144,467
Cost goods sold most recent fiscal year$37,967
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$272,770
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$771,999.00
Net income prior fiscal year$868,020
Revenue most recent fiscal year$577,156
Revenue prior fiscal year$219,679
Short term debt most recent fiscal year$2,064,423
Short term debt prior fiscal year$1,734,265
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$115,803
Total asset prior fiscal year$178,250

Company Information

Corporation
DE
2010-10-01

Latest Metrics

Employees18
Total Assets$115,803
Cash on Hand$27,910
Revenues$577,156
Net Income-$771,999.00

Crowdfunding Portals

This company is raising funds through this portal