Scrap Connection, Inc.

Scrap Connection, Inc. logo via Clearbit

Profile

According to their SEC filings, Scrap Connection, Inc. is a Corporation organized in DE on 07-12-2012. They report having 5 employee(s), and revenue in their most-recent fiscal year of $2,684.00 and $4,920.00 the prior year.

Location

1828 Amos Drive

Muscle Shoals, AL 35661

Equity Crowdfunding Campaigns

Reg CF Offering from Scrap Connection, Inc. (Previous)

Campaign Details

According to their SEC filings, Scrap Connection, 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 10-31-2017.

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, Scrap Connection, 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 $2,684.00 $4,920.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-88.00 $2,853.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $3,307.00 $4,499.00
Accounts Receivable $2,668.00 $0.00
Short-term Debt $0.00 $0.00
Long-term Debt $367,185.00 $332,753.00

Complete Reg CF filings list for Scrap Connection, Inc.

  • [2017-10-25T13:54:49+00:00] Scrap Connection, 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 video transcripts, and updated business plan.

    File number: 020-23069

  • [2017-07-28T13:14:46+00:00] Scrap Connection, 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:

    Extend campaign, increase maximum offering amount, and updated business plan.

    File number: 020-23069

  • [2017-05-18T21:13:51+00:00] Scrap Connection, 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:

    Include partial close language.

    File number: 020-23069

  • [2017-05-01T20:47:43+00:00] Scrap Connection, 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:

    Include reviewed 2016 financials. Update year-end numbers. Extend deadline date.

    File number: 020-23069

  • [2017-02-28T21:36:34+00:00] Scrap Connection, 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:

    Update risks factors to mention the foreign subsidiary.

    File number: 020-23069

  • [2017-02-27T17:12:36+00:00] Scrap Connection, 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:

    Include CPA reviewed financials, update most-recent and prior fiscal year financials, increase maximum offering amount to $750,000 and include updated business plan.

    File number: 020-23069

  • New Filing Form C

    [2016-11-14T21:58:45+00:00] Scrap Connection, Inc. filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $100,000.00) of SAFE via Wefunder.

    File number: 020-23069