Red Line Safety, Inc.

CIK: 2024435DEIncorporated: 2018-09-11

Current Offering

$50,000
Target Amount
$124,000
Maximum Amount
2025-12-29
Deadline

Security Details

Type: Simple Agreement for Future Equity (SAFE)
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 2024-12-17
Raising $50,000 -$124,000 via 50,000+ shares of simple Agreement for Future Equity (SAFE) at $1.00 per share
Deadline: 2025-12-29
Filing date2024-12-17
Current employees3
Act received most recent fiscal year$6,000
Act received prior fiscal year$40,000
Cash equi most recent fiscal year$13,378
Cash equi prior fiscal year$55,936
Cost goods sold most recent fiscal year$21,724
Cost goods sold prior fiscal year$38,356
Long term debt most recent fiscal year$68,083
Long term debt prior fiscal year$58,823
Net income most recent fiscal year-$63,242.58
Net income prior fiscal year$39,927
Revenue most recent fiscal year$32,650
Revenue prior fiscal year$127,350
Short term debt most recent fiscal year$4,296
Short term debt prior fiscal year$12,610
Tax paid most recent fiscal year$0.00
Tax paid prior fiscal year$0.00
Total asset most recent fiscal year$70,426
Total asset prior fiscal year$130,722

Company Information

Corporation
DE
2018-09-11

Latest Metrics

Employees3
Total Assets$70,426
Cash on Hand$13,378
Revenues$32,650
Net Income-$63,242.58

Crowdfunding Portals

This company is raising funds through this portal