Kwame Palace LLC

Kwame Palace LLC logo via Clearbit

Profile

According to their SEC filings, Kwame Palace LLC is a Limited Liability Company organized in TX on 01-07-2008. They report having 3 employee(s), and revenue in their most-recent fiscal year of $135,200.00 and $124,485.00 the prior year.

Company Description

"Teach people how to fish then you feed them for a life time. Providing a living wage and a second chance at life in Ghana."

Website: http://www.kwamebaah.com

Sector: Consumer Discretionary

Industry: Consumer Goods

Twitter: SalesBaah

Location

3515 Sycamore School Rd

Fort Worth, TX 76133

Equity Crowdfunding Campaigns

Reg CF Offering from Kwame Palace LLC (Previous)

Campaign Details

According to their SEC filings, Kwame Palace LLC previously ran a Regulation Crowdfunding campaign to raise $50,000.00 (up to a maximum of $100,000.00) in Debt via Wefunder before a deadline of 08-17-2018.

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

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, Kwame Palace LLC 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 $135,200.00 $124,485.00
Cost of Goods Sold $40,500.00 $43,631.00
Taxes Paid $0.00 $0.00
Net Income $28,089.00 $21,515.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $210,646.00 $220,450.00
Accounts Receivable $0.00 $0.00
Short-term Debt $15,000.00 $7,500.00
Long-term Debt $64,500.00 $75,000.00

Complete Reg CF filings list for Kwame Palace LLC

  • New Filing Form C

    [2018-02-16T21:57:14+00:00] Kwame Palace LLC filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $100,000.00) of Debt via Wefunder.

    File number: 020-23994