Smoke Cartel, Inc.

Smoke Cartel, Inc. logo via Clearbit

Profile

According to their SEC filings, Smoke Cartel, Inc. is a Corporation organized in NY on 08-15-2014. They report having 37 employee(s), and revenue in their most-recent fiscal year of $5,895,040.00 and $4,735,441.00 the prior year.

Company Description

"The trusted choice for the people's online headshop. Smoke Cartel offers free shipping, instant returns, and top notch customer support. Shop for the latest and greatest glass water bongs, dab rigs, hand pipes and other smoking accessories. Save big by..."

Website: http://www.smokecartel.com/

Sector: Consumer Staples

Industry: Consumer Staples

Twitter: SmokeCartel

Facebook: smokecartel

Location

1313 ROGERS ST

SAVANNAH, GA 31415

Equity Crowdfunding Campaigns

Reg CF Offering from Smoke Cartel, Inc. (Previous)

Campaign Details

According to their SEC filings, Smoke Cartel, Inc. previously ran a Regulation Crowdfunding campaign to raise $9,999.00 (up to a maximum of $1,069,995.00) in Common Stock via StartEngine before a deadline of 11-06-2018.

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

6 percent

In addition to any direct compensation, Smoke Cartel, Inc. reported that StartEngine would also receive the following financial interest in the offering:

N/A

Smoke Cartel, Inc. filed the following progress report with the SEC at the end of their campaign:

At the close of the offering, the issuer closed on $134,598 and 89,858 number of securities.

Reg CF Offering from Smoke Cartel, Inc. (Previous)

Campaign Details

According to their SEC filings, Smoke Cartel, Inc. previously ran a Regulation Crowdfunding campaign to raise $30,000.00 (up to a maximum of $999,999.00) in Common Stock via SI SECURITIES, LLC (SeedInvest) before a deadline of 05-31-2018.

As compensation for managing the offering, SI SECURITIES, LLC (SeedInvest) reported being compensated as follows:

7.5%

In addition to any direct compensation, Smoke Cartel, Inc. reported that SI SECURITIES, LLC (SeedInvest) would also receive the following financial interest in the offering:

SI Securities will receive equity compensation equal to 5.00% of the number of securities sold.

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 $5,895,040.00 $4,735,441.00
Cost of Goods Sold $2,292,628.00 $1,803,181.00
Taxes Paid $106,314.00 $0.00
Net Income $-59,522.00 $402,047.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $661,131.00 $307,309.00
Accounts Receivable $0.00 $0.00
Short-term Debt $146,435.00 $0.00
Long-term Debt $11,944.00 $0.00

Complete Reg CF filings list for Smoke Cartel, Inc.