Data / Crowdfunding / Utah / DiscountCell, Inc
DiscountCell, Inc: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,070,000 (2019)
DiscountCell, Inc, a corporation in Provo, UT, filed a Form C with the SEC on March 4, 2019 to raise $10,000 to $1,070,000 in Convertible Note through StartEngine Capital, LLC. The offering closed on May 6, 2019. In its most recent fiscal year it reported $2,066,137 in revenue and $35,360 in net income, with 8 employees.
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- Website
- www.discountcell.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 350 W 500 S, Provo, UT 84601
- Legal form
- Corporation
- Jurisdiction
- UT
- Incorporated
- January 24, 2005
- SEC CIK
- 0001749610
Offering terms
From the amendment filed March 4, 2019.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- May 6, 2019
- Portal compensation
- 6 percent
Financials
From the Form C/A filed March 4, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,066,137 | $2,065,760 | sec.gov |
| Cost of goods sold | $1,709,193 | $1,699,627 | sec.gov |
| Net income | $35,360 | $59,388 | sec.gov |
| Taxes paid | $42 | $143 | sec.gov |
| Total assets | $425,517 | $297,426 | sec.gov |
| Cash | $115,446 | $117,874 | sec.gov |
| Accounts receivable | $170,132 | $22,254 | sec.gov |
| Short-term debt | $113,873 | $107,968 | sec.gov |
| Long-term debt | $557,839 | $420,732 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 4, 2019 | Amendment | $10,000 | $1,070,000 | May 6, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| December 21, 2018 | Amendment | $10,000 | $1,070,000 | March 5, 2019 | Issuer is extending their campaign and updating their terms. | sec.gov |
| October 9, 2018 | Offering | $10,000 | $107,000 | January 4, 2019 | sec.gov |
Updated March 4, 2019. 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.