Evolution Spirits Inc.

Evolution Spirits Inc. logo via Clearbit

Profile

According to their SEC filings, Evolution Spirits Inc. is a Corporation organized in DE on 06-09-2014. They report having 4 employee(s), and revenue in their most-recent fiscal year of $493,819.00 and $92,402.00 the prior year.

Location

1123 Broadway, Suite 1007

New York, NY 10014

Equity Crowdfunding Campaigns

Reg CF Offering from Vera Roasting Company, Inc. (Previous)

Campaign Details

According to their SEC filings, Vera Roasting Company, Inc. previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $100,000.00) in SAFE via Wefunder before a deadline of 05-12-2017.

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

3.0% 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, Vera Roasting Company, Inc. reported that Wefunder would also receive the following financial interest in the offering:

No

Reg CF Offering from Evolution Spirits, Inc. (Previous)

Campaign Details

According to their SEC filings, Evolution Spirits, Inc. previously ran a Regulation Crowdfunding campaign to raise $50,000.00 (up to a maximum of $1,000,000.00) in Convertible Note via Wefunder before a deadline of 02-13-2017.

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

4.0% 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, Evolution Spirits, Inc. reported that Wefunder would 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 $493,819.00 $92,402.00
Cost of Goods Sold $286,942.00 $59,359.00
Taxes Paid $0.00 $0.00
Net Income $-1,361,952.00 $-485,420.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $9,003.00 $285,505.00
Accounts Receivable $40,544.00 $11,547.00
Short-term Debt $981,188.00 $93,344.00
Long-term Debt $674,034.00 $630,282.00

Complete Reg CF filings list for Evolution Spirits Inc.

  • [2017-02-07T15:29:52+00:00] Evolution Spirits Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Wefunder. The nature of the amendment was described as follows:

    Moved deadline date forward to February 13, include updated business plan and video transcripts.

    File number: 020-23035

  • [2017-01-30T13:59:08+00:00] Evolution Spirits Inc. filed a Form C-W.

    File number: 020-23191

  • New Filing Form C

    [2017-01-30T13:40:51+00:00] Evolution Spirits Inc. filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $100,000.00) of Convertible Note via Wefunder.

    File number: 020-23191

  • [2017-01-12T15:58:11+00:00] Evolution Spirits Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Wefunder. The nature of the amendment was described as follows:

    Included CPA reviewed financials, increased maximum target to $1M, updated board of directors, updated risks / disclosures, updated business plan and other changes. Please review the Form C for all the details.

    File number: 020-23035

  • New Filing Form C

    [2016-10-19T16:21:05+00:00] Evolution Spirits Inc. filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $100,000.00) of Convertible Note via Wefunder.

    File number: 020-23035