ADB Interests, LLC

CIK: 1916637TXIncorporated: 2014-05-15

Current Offering

$50,000
Target Amount
$5,000,000
Maximum Amount
2023-04-30
Deadline

Security Details

Type: Convertible Note
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 2022-03-23
Raising $50,000 -$5,000,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2023-04-30
Filing date2022-03-23
Current employees12
Act received most recent fiscal year$334,736
Act received prior fiscal year$273,914
Cash equi most recent fiscal year$998,392
Cash equi prior fiscal year$2,863,173
Cost goods sold most recent fiscal year$7,570,683
Cost goods sold prior fiscal year$4,776,667
Long term debt most recent fiscal year$3,151,408
Long term debt prior fiscal year$2,073,276
Net income most recent fiscal year$455,288
Net income prior fiscal year$3,117,101
Revenue most recent fiscal year$15,369,802
Revenue prior fiscal year$13,058,147
Short term debt most recent fiscal year$2,995,190
Short term debt prior fiscal year$3,667,578
Tax paid most recent fiscal year$1.00
Tax paid prior fiscal year$1.00
Total asset most recent fiscal year$12,066,695
Total asset prior fiscal year$11,454,664

Company Information

Limited Liability Company
TX
2014-05-15

Latest Metrics

Employees12
Total Assets$12,066,695
Cash on Hand$998,392
Revenues$15,369,802
Net Income$455,288

Crowdfunding Portals

This company is raising funds through this portal