Duralogic USA Inc
Profile
According to their SEC filings, Duralogic USA Inc is a Corporation organized in DE on 06-28-2017. They report having 4 employee(s), and revenue in their most-recent fiscal year of $1,887,394.00 and $1,312,635.00 the prior year.
Location
12 LA MONTAGNE LN
SANDY, UT 84092
Equity Crowdfunding Campaigns
Reg CF Offering from Duralogic USA Inc (Previous)
Campaign Details
According to their SEC filings, Duralogic USA Inc previously ran a Regulation Crowdfunding campaign to raise $25,000.32 (up to a maximum of $526,805.70) in Preferred Stock via SI SECURITIES, LLC (SeedInvest) before a deadline of 05-02-2018.
As compensation for managing the offering, SI SECURITIES, LLC (SeedInvest) reported being compensated as follows:
7.5% of the amount raised
In addition to any direct compensation, Duralogic USA Inc reported that SI SECURITIES, LLC (SeedInvest) would also receive the following financial interest in the offering:
SI Securities will receive equity compensation equal to 5% of the number of securities sold.
Duralogic USA Inc filed the following progress report with the SEC at the end of their campaign:
The issuer raised approximately $390,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined.
Reg CF Offering from Duralogic USA Inc (Previous)
Campaign Details
According to their SEC filings, Duralogic USA Inc previously ran a Regulation Crowdfunding campaign to raise $0.00 (up to a maximum of $0.00) in via before a deadline of .
As compensation for managing the offering, reported being compensated as follows:
In addition to any direct compensation, Duralogic USA Inc reported that 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 | $1,887,394.00 | $1,312,635.00 |
| Cost of Goods Sold | $-1,243,729.00 | $-859,807.00 |
| Taxes Paid | $0.00 | $0.00 |
| Net Income | $-309,211.00 | $63,045.00 |
Balance Sheet Items
| Most Recent Fiscal Year | Prior Fiscal Year | |
|---|---|---|
| Total Assets | $0.00 | $0.00 |
| Cash and Cash Equivalents | $817,297.00 | $803,906.00 |
| Accounts Receivable | $0.00 | $0.00 |
| Short-term Debt | $1,185,060.00 | $961,835.00 |
| Long-term Debt | $272,330.00 | $0.00 |
Complete Reg CF filings list for Duralogic USA Inc
-
[2018-05-02T12:17:08+00:00] Duralogic USA Inc filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.32 via SI SECURITIES, LLC (SeedInvest). The nature of the amendment was described as follows:
The Company raised the maximum offering amount to $526,805.70 and has sent out reconfirmation emails to all investors. All investors invested before March 23. May 2nd, 2018 was entered here in order to file outside of the offering period.
File number: 020-23926
-
[2018-04-30T20:36:41+00:00] Duralogic USA Inc filed a Form C-AR.
File number: 020-23493
-
[2018-03-29T12:46:20+00:00] Duralogic USA Inc filed a fundraising progress report (Form C-U) with the following update: ""
File number: 020-23926
-
New Filing Form C
[2018-01-19T14:36:36+00:00] Duralogic USA Inc filed a Form C to raise a target amount of $25,000.32 (up to a maximum of $446,805.70) of Preferred Stock via SI SECURITIES, LLC (SeedInvest).
File number: 020-23926
-
[2017-09-29T11:16:07+00:00] Duralogic USA Inc filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via SI SECURITIES, LLC (SeedInvest). The nature of the amendment was described as follows:
Extending the offering end date to end on October 25, and lowering the valuation and share price (to $4m pre-money valuation and $3.42, respectively).
File number: 020-23493
-
New Filing Form C
[2017-07-26T14:32:25+00:00] Duralogic USA Inc filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $1,000,000.00) of Preferred Stock via SI SECURITIES, LLC (SeedInvest).
File number: 020-23493