Swiftmile, inc

Swiftmile, inc logo via Clearbit

Profile

According to their SEC filings, Swiftmile, inc is a Corporation organized in DE on 01-02-2015. They report having 4 employee(s), and revenue in their most-recent fiscal year of $29,450.00 and $20,427.00 the prior year.

Company Description

"• Last mile solutions for urban transportation using advanced Lithium-ion battery technology. • Electric Skateboards, Scooters, Trikes and more."

Website: http://www.swiftmile.com

Sector: Industrials

Industry: Transportation

Facebook: myswiftmile

LinkedIn: swiftmile-inc

Location

736 LAURELWOOD DR.

SAN MATEO, CA 94403

Equity Crowdfunding Campaigns

Reg CF Offering from Swiftmile, inc (Previous)

Campaign Details

According to their SEC filings, Swiftmile, inc previously ran a Regulation Crowdfunding campaign to raise $100,000.00 (up to a maximum of $250,000.00) in Debt via SI SECURITIES, LLC (SeedInvest) before a deadline of 06-02-2017.

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

Si Securities, LLC will receive a 5% cash commission and a 5% convertible note commission on all sales through the broker-dealer (e.g., $5,000 cash and $5,000 convertible note on a raise of $100,000)

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

The intermediary will acquire a convetible note for the issuer valued at 5% of the amount raised through Si Securites, LLC.

Swiftmile, inc filed the following progress report with the SEC at the end of their campaign:

$132,388 is our best estimate for the total amount of securities that will be 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 $29,450.00 $20,427.00
Cost of Goods Sold $17,841.00 $19,714.00
Taxes Paid $0.00 $0.00
Net Income $-284,267.00 $-137,903.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $88,776.00 $17,687.00
Accounts Receivable $0.00 $0.00
Short-term Debt $249,746.00 $46,267.00
Long-term Debt $343,575.00 $175,303.00

Complete Reg CF filings list for Swiftmile, inc

  • [2017-06-09T14:43:30+00:00] Swiftmile, inc filed a fundraising progress report (Form C-U) with the following update: "$132,388 is our best estimate for the total amount of securities that will be sold."

    File number: 020-23272

  • New Filing Form C

    [2017-04-03T16:59:40+00:00] Swiftmile, inc filed a Form C to raise a target amount of $100,000.00 (up to a maximum of $250,000.00) of Debt via SI SECURITIES, LLC (SeedInvest).

    File number: 020-23272