Data / Crowdfunding / South Carolina / Cornerstone Kids, Inc.
Cornerstone Kids, Inc.: crowdfunding raise on Jumpstart Micro, Inc, $20,000 to $80,000 (2017)
Cornerstone Kids, Inc., a corporation in Aiken, SC, filed a Form C with the SEC on May 18, 2017 to raise $20,000 to $80,000 in preferred stock through Jumpstart Micro, Inc. The offering closed on September 1, 2017. In its most recent fiscal year it reported $0 in revenue and a net loss of $56,130, with 4 employees.
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- Website
- www.aikencornerstonekids.com
- Funding portal
- Jumpstart Micro, Inc
- Address
- 548 PINTAIL DR, Aiken, SC 29803
- Legal form
- Corporation
- Jurisdiction
- SC
- Incorporated
- July 12, 2016
- SEC CIK
- 0001691477
Offering terms
From the offering filed May 18, 2017.
- Security
- Preferred Stock
- Price
- $100.00
- Target
- $20,000
- Maximum
- $80,000
- Deadline
- September 1, 2017
- Portal compensation
- 6% of the total amount raised through the Offering by the Issuer
Financials
From the Form C filed May 18, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $56,130 | $0 | sec.gov |
| Net income | $-56,130 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $14,370 | $0 | sec.gov |
| Cash | $14,370 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $70,000 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 18, 2017 | Offering | $20,000 | $80,000 | September 1, 2017 | sec.gov | |
| May 18, 2017 | Progress update | $20,000 | $100,000 | May 15, 2017 | Successful completion of offering. Closed the offering with $21,000. Minimum investment level was $20,000 | sec.gov |
| April 26, 2017 | Amendment | $20,000 | $100,000 | May 15, 2017 | This amendment is to change the financial statement headings from Aikens Cornerstone Kids, Inc to Cornerstone Kids, Inc which is the official name of the Corporation. Aikens was added in error | sec.gov |
| April 18, 2017 | Amendment | $20,000 | $100,000 | May 15, 2017 | This Offering statement is being amended to change the offering minimum of $20,000 and Maximum to $100,000 in compliance with the requirement that offferings over $100,000 should included reviewed financial statements. There are no reviewed financials. | sec.gov |
| February 27, 2017 | Offering | $100,000 | $1,000,000 | May 15, 2017 | sec.gov |
Updated May 18, 2017. 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.