Folk Revival, LLC

CIK: 1992951DEIncorporated: 2021-11-17

Current Offering

$50,000
Target Amount
$750,000
Maximum Amount
2024-04-29
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 2023-10-12
Raising $50,000 -$750,000 via 50,000+ shares of convertible Note at $1.00 per share
Deadline: 2024-04-29
Filing date2023-10-12
Current employees1
Act received most recent fiscal year$0.00
Act received prior fiscal year$0.00
Cash equi most recent fiscal year$61,332
Cash equi prior fiscal year$1,000.00
Cost goods sold most recent fiscal year$10,816
Cost goods sold prior fiscal year$0.00
Long term debt most recent fiscal year$0.00
Long term debt prior fiscal year$0.00
Net income most recent fiscal year-$107,324.00
Net income prior fiscal year-$14,567.00
Revenue most recent fiscal year$733.00
Revenue prior fiscal year$0.00
Short term debt most recent fiscal year$9,117
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$80,102
Total asset prior fiscal year$1,000.00

Company Information

Limited Liability Company
DE
2021-11-17

Latest Metrics

Employees1
Total Assets$80,102
Cash on Hand$61,332
Revenues$733.00
Net Income-$107,324.00

Crowdfunding Portals

This company is raising funds through this portal