System2 Technologies Corp.

CIK: 1942411DEIncorporated: 2018-01-22

Current Offering

$50,000
Target Amount
$750,000
Maximum Amount
2023-04-30
Deadline

Security Details

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

Offering Costs

Cash commission: 5%
<p>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.</p>
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2022-10-03
Raising $50,000 -$750,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2023-04-30
Filing date2022-10-03
Current employees9
Act received most recent fiscal year$99.00
Act received prior fiscal year$1,104
Cash equi most recent fiscal year$47,709
Cash equi prior fiscal year$309,808
Cost goods sold most recent fiscal year$3,093
Cost goods sold prior fiscal year$34,783
Long term debt most recent fiscal year$3,085,000
Long term debt prior fiscal year$3,085,000
Net income most recent fiscal year-$207,766.00
Net income prior fiscal year-$1,232,367.00
Revenue most recent fiscal year$19,251
Revenue prior fiscal year$32,844
Short term debt most recent fiscal year$45,960
Short term debt prior fiscal year$39,916
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$523,454
Total asset prior fiscal year$725,176

Company Information

Corporation
DE
2018-01-22

Latest Metrics

Employees9
Total Assets$523,454
Cash on Hand$47,709
Revenues$19,251
Net Income-$207,766.00

Crowdfunding Portals

This company is raising funds through this portal