Princeton Satellite Systems, INc.

CIK: 1938305NJIncorporated: 1992-09-10

Current Offering

$100,000
Target Amount
$1,235,000
Maximum Amount
2023-04-30
Deadline

Security Details

Type: Convertible promissory note
Price per share: $1.00
Shares offered: 100,000+

Offering Costs

Cash commission: 8%
At the conclusion of the offering, the Company will pay a fee of eight percent of the amount raised in the Offering to the Intermediary.
Equity compensation: 2%
The Intermediary will also receive two percent of the securities sold in the offering.

Financial Reports

Offering via Spaced Ventures

Offering History

As of 2022-10-28
Raising $100,000 -$1,235,000 via 100,000+ shares of convertible promissory note at $1.00 per share
Deadline: 2023-04-30
Filing date2022-10-28
Current employees5
Act received most recent fiscal year$19,262
Act received prior fiscal year$105,145
Cash equi most recent fiscal year$25,344
Cash equi prior fiscal year$66,851
Cost goods sold most recent fiscal year$400,966
Cost goods sold prior fiscal year$401,166
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$102,636.00
Net income prior fiscal year$51,191
Revenue most recent fiscal year$562,491
Revenue prior fiscal year$801,450
Short term debt most recent fiscal year$168,392
Short term debt prior fiscal year$196,467
Tax paid most recent fiscal year$500.00
Tax paid prior fiscal year$500.00
Total asset most recent fiscal year$202,125
Total asset prior fiscal year$332,836

Company Information

Corporation
NJ
1992-09-10

Latest Metrics

Employees5
Total Assets$202,125
Cash on Hand$25,344
Revenues$562,491
Net Income-$102,636.00

Crowdfunding Portals

This company is raising funds through this portal