Splash Wines, Inc

Splash Wines, Inc logo via Clearbit

Profile

According to their SEC filings, Splash Wines, Inc is a Corporation organized in ID on 10-02-2014. They report having 9 employee(s), and revenue in their most-recent fiscal year of $8,278,174.00 and $6,005,302.00 the prior year.

Company Description

"Splash Wines is a family business, but not our first. Our family has been in the wine industry for three generations. We’ve imported wines and marketed to wholesalers in the three-tier system. And for the past 15 years we’ve been on the forefront of th..."

Website: http://splashwines.com

Sector: Consumer Staples

Industry: Consumer Staples

Twitter: splashwines

Facebook: splashwines

Location

1191 E IRON EAGLE DRIVE

SUITE 100

EAGLE, ID 83616

Equity Crowdfunding Campaigns

Reg CF Offering from Splash Wines, Inc (Previous)

Campaign Details

According to their SEC filings, Splash Wines, Inc previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $1,070,000.00) in Preferred Stock via SI SECURITIES, LLC (SeedInvest) before a deadline of 05-18-2018.

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

7.5% of the amount raised

In addition to any direct compensation, Splash Wines, 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% of the number of securities sold.

Splash Wines, Inc filed the following progress report with the SEC at the end of their campaign:

The issuer raised approximately $434,133.00 during the offering period. Payments are still being processed; the exact amount has yet to be determined.

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 $8,278,174.00 $6,005,302.00
Cost of Goods Sold $7,357,931.00 $5,207,207.00
Taxes Paid $31,235.00 $2,068.00
Net Income $33,947.00 $5,589.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $4,157.00 $11,679.00
Accounts Receivable $345,472.00 $93,807.00
Short-term Debt $2,465,520.00 $1,215,205.00
Long-term Debt $0.00 $0.00

Complete Reg CF filings list for Splash Wines, Inc

  • [2018-06-05T10:36:49+00:00] Splash Wines, Inc filed a fundraising progress report (Form C-U) with the following update: "The issuer raised approximately $434,133.00 during the offering period. Payments are still being processed; the exact amount has yet to be determined."

    File number: 020-24068

  • [2018-03-14T19:51:12+00:00] Splash Wines, Inc filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via SI SECURITIES, LLC (SeedInvest). The nature of the amendment was described as follows:

    Updating the offering end date and the number of shares authorized.

    File number: 020-24068

  • New Filing Form C

    [2018-03-09T17:11:04+00:00] Splash Wines, Inc filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $1,070,000.00) of Preferred Stock via SI SECURITIES, LLC (SeedInvest).

    File number: 020-24068