Smooth Beverages Inc

CIK: 1978606DEIncorporated: 2019-10-17

Current Offering

$50,000
Target Amount
$1,235,000
Maximum Amount
2023-09-04
Deadline

Security Details

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

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 2023-06-21
Raising $50,000 -$1,235,000 via 50,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2023-09-04
Filing date2023-06-21
Current employees0
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$81,870
Cash equi prior fiscal year$101,513
Cost goods sold most recent fiscal year$11,047
Cost goods sold prior fiscal year$3,040
Long term debt most recent fiscal year$213,272
Long term debt prior fiscal year$101,200
Net income most recent fiscal year-$181,479.00
Net income prior fiscal year-$49,700.00
Revenue most recent fiscal year$17,759
Revenue prior fiscal year$4,281
Short term debt most recent fiscal year$7,500
Short term debt prior fiscal year$0.00
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$159,706
Total asset prior fiscal year$118,498

Company Information

Corporation
DE
2019-10-17

Latest Metrics

Employees0
Total Assets$159,706
Cash on Hand$81,870
Revenues$17,759
Net Income-$181,479.00

Crowdfunding Portals

This company is raising funds through this portal