Grow Source Technologies, Inc.

CIK: 2000898DEIncorporated: 2023-06-08

Current Offering

$200,000
Target Amount
$1,235,000
Maximum Amount
2024-04-29
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
Price per share: $1.00
Shares offered: 200,000+

Offering Costs

Cash commission: 5%
5.0% 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 2023-12-04
Raising $200,000 -$1,235,000 via 200,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2024-04-29
Filing date2023-12-04
Current employees12
Act received most recent fiscal year$127,755
Act received prior fiscal year$75,655
Cash equi most recent fiscal year$48,006
Cash equi prior fiscal year$0.00
Cost goods sold most recent fiscal year$3,508,462
Cost goods sold prior fiscal year$2,697,284
Long term debt most recent fiscal year$2,508,332
Long term debt prior fiscal year$1,783,332
Net income most recent fiscal year-$3,830,330.00
Net income prior fiscal year-$2,713,269.00
Revenue most recent fiscal year$4,687,290
Revenue prior fiscal year$3,625,885
Short term debt most recent fiscal year$4,592,156
Short term debt prior fiscal year$1,238,968
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$776,259
Total asset prior fiscal year$528,401

Company Information

Corporation
DE
2023-06-08

Latest Metrics

Employees12
Total Assets$776,259
Cash on Hand$48,006
Revenues$4,687,290
Net Income-$3,830,330.00

Crowdfunding Portals

This company is raising funds through this portal