Data / Crowdfunding / Georgia / Smoke Cartel, Inc.
Smoke Cartel, Inc.: crowdfunding raise on StartEngine Capital, LLC, $9,999 to $1,069,995 (2018)
Smoke Cartel, Inc., a corporation in Savannah, GA, filed a Form C with the SEC on August 8, 2018 to raise $9,999 to $1,069,995 in common stock through StartEngine Capital, LLC. The offering closed on November 6, 2018. In its most recent fiscal year it reported $3,795,277 in revenue and a net loss of $1,697,008, with 16 employees.
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- Website
- www.smokecartel.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 1313 Rogers St, Savannah, GA 31415
- Legal form
- Corporation
- Jurisdiction
- NY
- Incorporated
- August 15, 2014
- SEC CIK
- 0001617216
Offering terms
From the offering filed August 8, 2018.
- Security
- Common Stock
- Price
- $1.50
- Target
- $9,999
- Maximum
- $1,069,995
- Deadline
- November 6, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-AR filed April 23, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,795,277 | $5,895,040 | sec.gov |
| Cost of goods sold | $1,470,428 | $2,292,628 | sec.gov |
| Net income | $-1,697,008 | $-59,522 | sec.gov |
| Taxes paid | $3,692 | $-106,314 | sec.gov |
| Total assets | $2,011,287 | $1,732,304 | sec.gov |
| Cash | $140,093 | $661,131 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $413,278 | $146,435 | sec.gov |
| Long-term debt | $92,358 | $11,944 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 23, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| November 7, 2018 | Progress update | $9,999 | $1,069,995 | November 6, 2018 | At the close of the offering, the issuer closed on $134,598 and 89,858 number of securities. | sec.gov |
| August 8, 2018 | Offering | $9,999 | $1,069,995 | November 6, 2018 | sec.gov | |
| August 8, 2018 | Withdrawal | Not listed | Not listed | sec.gov | ||
| May 14, 2018 | Offering | $30,000 | $999,999 | May 31, 2018 | sec.gov |
Updated April 23, 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.