AVEC Drinks Co

CIK: 1965000DEIncorporated: 2023-04-22

Current Offering

$25,000
Target Amount
$1,235,000
Maximum Amount
2023-08-01
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 the Intermediary a fee of six percent (6%) of the dollar amount raised in the Offering.
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 2023-05-18
Raising $25,000 -$1,235,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-08-01
Filing date2023-05-18
Current employees3
Act received most recent fiscal year$95,490
Act received prior fiscal year$69,498
Cash equi most recent fiscal year$586,588
Cash equi prior fiscal year$664,568
Cost goods sold most recent fiscal year$513,896
Cost goods sold prior fiscal year$293,586
Long term debt most recent fiscal year$2,257,128
Long term debt prior fiscal year$1,513,912
Net income most recent fiscal year-$819,852.00
Net income prior fiscal year-$508,965.00
Revenue most recent fiscal year$913,390
Revenue prior fiscal year$595,347
Short term debt most recent fiscal year$172,677
Short term debt prior fiscal year$56,799
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$1,048,826
Total asset prior fiscal year$1,009,584

Company Information

Corporation
DE
2023-04-22

Latest Metrics

Employees3
Total Assets$1,048,826
Cash on Hand$586,588
Revenues$913,390
Net Income-$819,852.00

Crowdfunding Portals

This company is raising funds through this portal