Magic Instruments, Inc.

Magic Instruments, Inc. logo via Clearbit

Profile

According to their SEC filings, Magic Instruments, Inc. is a Corporation organized in DE on 11-08-2012. They report having 6 employee(s), and revenue in their most-recent fiscal year of $0.00 and $0.00 the prior year.

Location

2673A Mission St

San Francisco, CA 94110

Equity Crowdfunding Campaigns

Reg CF Offering from Magic Instruments, Inc. (Previous)

Campaign Details

According to their SEC filings, Magic Instruments, Inc. previously ran a Regulation Crowdfunding campaign to raise $50,000.00 (up to a maximum of $1,000,000.00) in SAFE via Wefunder before a deadline of 12-21-2016.

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

3.0% of the offering amount upon a successful fundraise.

In addition to any direct compensation, Magic Instruments, 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 $0.00 $0.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $-1,622.00 $0.00
Net Income $-45,992.00 $-8,965.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $1,002.00 $700.00
Accounts Receivable $0.00 $0.00
Short-term Debt $0.00 $8,965.00
Long-term Debt $0.00 $0.00

Complete Reg CF filings list for Magic Instruments, Inc.

  • [2016-12-15T18:32:03+00:00] Magic Instruments, 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 Dec 21, included video transcriptions and updated business plan.

    File number: 020-23033

  • New Filing Form C

    [2016-10-18T18:19:49+00:00] Magic Instruments, Inc. filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $1,000,000.00) of SAFE via Wefunder.

    File number: 020-23033