Element Farms, Inc.

Element Farms, Inc. logo via Clearbit

Profile

According to their SEC filings, Element Farms, Inc. is a Corporation organized in NY on 02-02-2017. They report having 4 employee(s), and revenue in their most-recent fiscal year of $3,949.20 and $0.00 the prior year.

Location

212 Warren St.

New York, NY 10282

Equity Crowdfunding Campaigns

Reg CF Offering from Element Farms, Inc. (Active)

Campaign Details

According to their SEC filings, Element Farms, Inc. is raising $50,000.00 (up to a maximum of $500,000.00) in Convertible Note via Wefunder with a current deadline of 04-05-2019.

As compensation for managing the offering, Wefunder is being compensated as follows:

7.0% 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, Element Farms, Inc. reports that Wefunder will also receive the following financial interest in the offering:

No

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 $3,949.20 $0.00
Cost of Goods Sold $13,427.11 $0.00
Taxes Paid $0.00 $0.00
Net Income $-63,350.07 $0.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $57,014.77 $0.00
Accounts Receivable $2,500.00 $0.00
Short-term Debt $19,081.07 $0.00
Long-term Debt $66,642.60 $0.00

Complete Reg CF filings list for Element Farms, Inc.

  • New Filing Form C

    [2018-11-30T17:06:14+00:00] Element Farms, Inc. filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $500,000.00) of Convertible Note via Wefunder.

    File number: 020-24953