Data / Crowdfunding / California / ace care pharmacy management & consulting co
ace care pharmacy management & consulting co: crowdfunding raise on MicroVenture Marketplace Inc., $25,000 to $1,070,000 (2020)
ace care pharmacy management & consulting co, a corporation in Tulare, CA, filed a Form C with the SEC on December 15, 2020 to raise $25,000 to $1,070,000 in Crowd Note through MicroVenture Marketplace Inc.. The offering closed on January 11, 2021. In its most recent fiscal year it reported $2,997,239 in revenue and $199,110 in net income, with 18 employees.
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- Website
- www.cherryrx.com
- Funding portal
- MicroVenture Marketplace Inc.
- Address
- 1028 N. CHERRY STREET, Tulare, CA 93274
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- January 6, 2017
- SEC CIK
- 0001818758
Offering terms
From the amendment filed December 15, 2020.
- Security
- Crowd Note
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,070,000
- Deadline
- January 11, 2021
- Portal compensation
- The issuer shall pay to the intermediary a fee consisting of five percent (5%) commission based on the amount raised in the Offering and paid upon disbursement of funds from escrow after the conclusion of the Offering.
Financials
From the Form C-U filed January 15, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,997,239 | $1,457,419 | sec.gov |
| Cost of goods sold | $2,023,771 | $1,050,344 | sec.gov |
| Net income | $199,110 | $116,128 | sec.gov |
| Taxes paid | $28,243 | $9,684 | sec.gov |
| Total assets | $576,084 | $246,206 | sec.gov |
| Cash | $163,202 | $78,202 | sec.gov |
| Accounts receivable | $213,234 | $95,699 | sec.gov |
| Short-term debt | $193,903 | $5,036 | sec.gov |
| Long-term debt | $16,686 | $35,641 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 15, 2021 | Progress update | $25,000 | $1,070,000 | January 11, 2021 | $113,125.00 in investments. Payments till processing; final figure not yet determined. | sec.gov |
| December 15, 2020 | Amendment | $25,000 | $1,070,000 | January 11, 2021 | Including webinar transcript. | sec.gov |
| October 15, 2020 | Amendment | $25,000 | $1,070,000 | January 11, 2021 | This Amendment is filed to include the 2018 and 2019 financial statements for the Company (Exhibit A), add a video transcript attached hereto (Exhibit F), update the Company Summary and Pitch Deck, and add information related to an asset purchase. | sec.gov |
| August 18, 2020 | Offering | $25,000 | $1,070,000 | November 30, 2020 | sec.gov |
Updated January 15, 2021. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.