Around Labs, Inc.

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Profile

According to their SEC filings, Around Labs, Inc. is a Corporation organized in DE on 08-26-2013. They report having 2 employee(s), and revenue in their most-recent fiscal year of $21,601.80 and $0.00 the prior year.

Location

758 GREEN STREET

SAN FRANCISCO, CA 94133

Equity Crowdfunding Campaigns

Reg CF Offering from Around Labs, Inc. (Previous)

Campaign Details

According to their SEC filings, Around Labs, Inc. previously ran a Regulation Crowdfunding campaign to raise $20,000.00 (up to a maximum of $100,000.00) in Convertible Security via FLASHFUNDERS SECURITIES, LLC before a deadline of 10-10-2016.

As compensation for managing the offering, FLASHFUNDERS SECURITIES, LLC reported being compensated as follows:

FlashFunders shall be entitled to compensation for services equal to five percent (5%) of gross proceeds, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.

In addition to any direct compensation, Around Labs, Inc. reported that FLASHFUNDERS SECURITIES, LLC would also receive the following financial interest in the offering:

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $21,601.80 $0.00
Cost of Goods Sold $254,746.49 $0.00
Taxes Paid $2,075.50 $0.00
Net Income $-237,220.15 $0.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $15,195.48 $0.00
Accounts Receivable $0.00 $0.00
Short-term Debt $6,675.50 $0.00
Long-term Debt $42,164.38 $0.00

Complete Reg CF filings list for Around Labs, Inc.