HOLD THE MAGIC, INC.

CIK: 1908756DEIncorporated: 2017-08-07

Current Offering

$25,000
Target Amount
$500,000
Maximum Amount
2023-04-15
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 2022-04-26
Raising $25,000 -$500,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-04-15
Filing date2022-04-26
Current employees1
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$140,151
Cash equi prior fiscal year$165,284
Cost goods sold most recent fiscal year$47,541
Cost goods sold prior fiscal year$23,962
Long term debt most recent fiscal year$334,600
Long term debt prior fiscal year$234,600
Net income most recent fiscal year-$117,907.00
Net income prior fiscal year-$122,290.00
Revenue most recent fiscal year$108,741
Revenue prior fiscal year$49,575
Short term debt most recent fiscal year$21,077
Short term debt prior fiscal year$20,597
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$185,981
Total asset prior fiscal year$203,049

Company Information

Corporation
DE
2017-08-07

Latest Metrics

Employees1
Total Assets$185,981
Cash on Hand$140,151
Revenues$108,741
Net Income-$117,907.00

Crowdfunding Portals

This company is raising funds through this portal