Data / Crowdfunding / SMART RX SYSTEMS INC
SMART RX SYSTEMS INC: crowdfunding raise on Jumpstart Micro, Inc, $220,000 to $1,000,000 (2017)
SMART RX SYSTEMS INC, a company, filed a Form C with the SEC on May 16, 2017 to raise $220,000 to $1,000,000 in preferred stock through Jumpstart Micro, Inc. The offering closed on April 19, 2018. In its most recent fiscal year it reported $182,141 in revenue and a net loss of $2,978,447, with 12 employees.
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- Website
- SMARTRXSYSTEMS.COM
- Funding portal
- Jumpstart Micro, Inc
- SEC CIK
- 0001672227
Offering terms
From the amendment filed May 16, 2017.
- Security
- Preferred Stock
- Price
- $10.00
- Target
- $220,000
- Maximum
- $1,000,000
- Deadline
- April 19, 2018
- Portal compensation
- Jumpstart Micro will receive a success fee of 6% in cash and an 3% in equity at the same terms as CF investors. For example if $100,000 is raised through the portal. Jumpstart Micro receives $6,000 in cash and $3,000 worth of stock at the investor terms.
Financials
From the Form C/A filed May 16, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $182,141 | $0 | sec.gov |
| Cost of goods sold | $86,907 | $0 | sec.gov |
| Net income | $-2,978,447 | $-2,313,241 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $21,276,644 | $20,785,028 | sec.gov |
| Cash | $146,809 | $60,149 | sec.gov |
| Accounts receivable | $31,035 | $0 | sec.gov |
| Short-term debt | $169,329 | $168,011 | sec.gov |
| Long-term debt | $2,304,137 | $1,094,892 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| January 19, 2018 | Withdrawal | Not listed | Not listed | sec.gov | ||
| May 16, 2017 | Amendment | $220,000 | $1,000,000 | April 19, 2018 | Non material clerical changes | sec.gov |
| April 28, 2017 | Offering | $220,000 | $1,000,000 | April 19, 2018 | sec.gov |
Updated January 19, 2018. 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.