Island Company Rum Inc.

CIK: 1891649DEIncorporated: 2019-01-09

Current Offering

$50,000
Target Amount
$1,235,000
Maximum Amount
2025-04-30
Deadline

Security Details

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

Offering Costs

Cash commission: 8%
7.9% 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 2025-04-21
Raising $50,000 -$1,235,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2025-04-30
As of 2025-05-01
Raising $50,000 -$124,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2026-04-30
Filing date2025-04-212025-05-01
Current employees33
Act received most recent fiscal year$0.00$0.00
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$7,476$17,485
Cash equi prior fiscal year$166,377$7,476
Cost goods sold most recent fiscal year$79,719$13,751
Cost goods sold prior fiscal year$24,823$79,719
Long term debt most recent fiscal year$0.00$0.00
Long term debt prior fiscal year$0.00$0.00
Net income most recent fiscal year-$495,768.00-$392,414.25
Net income prior fiscal year-$274,889.00-$495,768.00
Revenue most recent fiscal year$92,268$18,661
Revenue prior fiscal year$57,085$92,268
Short term debt most recent fiscal year$0.00$0.00
Short term debt prior fiscal year$4,994$0.00
Tax paid most recent fiscal year$0.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$116,821$153,437
Total asset prior fiscal year$280,651$116,821

Company Information

Corporation
DE
2019-01-09

Latest Metrics

Employees3
Total Assets$116,821
Cash on Hand$7,476
Revenues$92,268
Net Income-$495,768.00

Crowdfunding Portals

This company is raising funds through this portal