True Gault, Inc.

True Gault, Inc. logo via Clearbit

Profile

According to their SEC filings, True Gault, Inc. is a Corporation organized in DE on 01-31-2014. They report having 3 employee(s), and revenue in their most-recent fiscal year of $42,454.00 and $147,501.00 the prior year.

Company Description

"The most fabulous fitting shoes you've been waiting for are here and you no longer have to sacrifice fit for fashion. You can have it all — head-turning style, exceptional craftsmanship, lasting comfort and pure walking confidence. Slip them on and y..."

Website: http://www.truegault.com

Sector: Consumer Staples

Industry: Consumer Staples

Twitter: TrueGault

Facebook: truegault

LinkedIn: truegault

Location

154 Cobblestone Court

Suite 175

Victor, NY 14564

Equity Crowdfunding Campaigns

Reg CF Offering from True Gault, Inc. (Previous)

Campaign Details

According to their SEC filings, True Gault, Inc. previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $1,070,000.00) in SAFE via Republic before a deadline of 02-16-2018.

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

5.0% of the amount raised.

In addition to any direct compensation, True Gault, Inc. reported that Republic would also receive the following financial interest in the offering:

A commission equivalent to 2.0% of the Securities being issued in this Offering.

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

The intermediary has indicated that at the end of the offering, the issuer has closed on approximately $79,925 in 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 $42,454.00 $147,501.00
Cost of Goods Sold $102,991.26 $111,186.00
Taxes Paid $6,034.00 $19,257.00
Net Income $-799,357.00 $-636,917.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $32,011.00 $114,561.00
Accounts Receivable $1,039.00 $637.00
Short-term Debt $353,289.00 $183,939.00
Long-term Debt $1,255,764.00 $235,432.00

Complete Reg CF filings list for True Gault, Inc.

  • [2018-03-07T11:15:22+00:00] True Gault, Inc. filed a fundraising progress report (Form C-U) with the following update: "The intermediary has indicated that at the end of the offering, the issuer has closed on approximately $79,925 in securities sold."

    File number: 020-23786

  • New Filing Form C

    [2017-11-17T13:01:04+00:00] True Gault, Inc. filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $1,070,000.00) of SAFE via Republic.

    File number: 020-23786