Orthogonal Thinker Inc.

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, Orthogonal Thinker Inc. is a Corporation organized in DE on 12-20-2016. They report having 4 employees, and revenue in their most recent fiscal year of $137,597 and $0 the prior year.

Website:
http://OrthogonalThinker.com
Location:
1215 South Kihei Rd. #424
Kihei, HI 96753

Equity Crowdfunding Campaigns

Active Offering

Orthogonal Thinker Inc. is currently raising a target of $50,000 (and up to $283,000) of "Simple Agreement for Future Equity (SAFE)" via Wefunder before a deadline of 01-11-2019.

Intermediary compensation

According to the SEC filings, Wefunder will be directly compensated as follows for this offering:

"5.0% of the offering amount upon a successful fundraise, 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, Orthogonal Thinker Inc. reports that Wefunder will also receive the following financial interest in the offering:

"Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise."
Active Offering

Orthogonal Thinker Inc. is currently raising a target of $50,001 (and up to $944,534) of Preferred Stock via Wefunder before a deadline of 05-31-2019.

Intermediary compensation

According to the SEC filings, Wefunder will be directly compensated as follows for this offering:

"5.0% of the offering amount upon a successful fundraise, 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, Orthogonal Thinker Inc. reports that Wefunder will also receive the following financial interest in the offering:

"Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise."
Active Offering

Orthogonal Thinker Inc. is currently raising a target of $50,001 (and up to $944,534) of Preferred Stock via Wefunder before a deadline of 05-31-2019.

Intermediary compensation

According to the SEC filings, Wefunder will be directly compensated as follows for this offering:

"5.0% of the offering amount upon a successful fundraise, 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, Orthogonal Thinker Inc. reports that Wefunder will also receive the following financial interest in the offering:

"Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise."

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

Previous Crowdfunding Offering
Friday, May 25, 2018

Orthogonal Thinker Inc. previously ran a Reg CF crowdfunding campaign to raise a target of $71,000 via Wefunder before a deadline of 04-30-2018. They filed this progress report at the end of the offering: "$265,202.00 in investments. Payments are still being processed; final number is yet to be determined." The URL for the offering was https://wefunder.com/orthogonal.

Intermediary compensation

According to the SEC filings, Wefunder was compensated as follows for this offering:

"5.0% of the offering amount upon a successful fundraise, 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, Orthogonal Thinker Inc. reports that Wefunder also received the following financial interest in the offering:

"Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise."

Financial Information

The following information is taken from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $137,597 $0 N/A
Cost of Goods Sold -$107,618 $0 N/A
Taxes Paid $0 $0 N/A
Net Income -$95,117 $0 N/A

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $245,207 $0 N/A
Cash & Cash Equivalents $31,235 $0 N/A
Accounts Receivable $0 $0 N/A
Short-Term Debt $12,885 $0 N/A
Long-Term Debt $326,994 $0 N/A

Complete Reg CF filing activity feed