Chuck Waste, Inc
View this filing on EDGAR (filing index, accession 0001788777-26-000015) | All Form C filings by this company on EDGAR
Filing details
| Company | Chuck Waste, Inc | (Form C, issuer information) |
|---|---|---|
| State | MI | (Form C, issuer information) |
| Platform | Fundify Portal, LLC | (Form C, issuer information) |
| Filing date | 2026-08-26 | (EDGAR filing index) |
| Date of incorporation | 2023-10-09 | (Form C, issuer information) |
| Employees | 8 | (Form C, issuer information) |
| Security offered | Preferred Stock | (Form C, offering information) |
| Price per security | $2 | (Form C, offering information) |
| Target amount | $100,000 | (Form C, offering information) |
| Maximum ask | $1,050,000 | (Form C, offering information) |
| Offering deadline | 2027-08-17 | (Form C, offering information) |
| Platform compensation | 8.5% | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $2,435,387 | $58,888 | (Form C, financial summary) |
| Cost of goods sold | $1,798,630 | $41,612 | (Form C, financial summary) |
| Net income | -$1,941,777 | -$849,056 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $545,324 | $1,820,146 | (Form C, financial summary) |
| Accounts receivable | $267,806 | $5,881 | (Form C, financial summary) |
| Total assets | $6,410,216 | $2,038,495 | (Form C, financial summary) |
| Short-term debt | $1,836,852 | $33,532 | (Form C, financial summary) |
| Long-term debt | $1,508,878 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001788777-26-000015, 0001788777-26-000017.
"The Company’s reviewed financial statements have been prepared assuming the Company will continue as a going concern and do not include any adjustments that might result from the outcome of this uncertainty."
"The Company’s reviewed financial statements have been prepared assuming the Company will continue as a going concern and do not include any adjustments that might result from the outcome of this uncertainty."
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0001788777-26-000015, 0001788777-26-000017.
"(e) Each former officer or other employee who reported to the Chief Executive Officer, Chief Financial Officer, or Board of Directors has entered into an agreement with the Company providing for the full release of any claims against the Company or any related party arising out of such employment."
"(e) Each former officer or other employee who reported to the Chief Executive Officer, Chief Financial Officer, or Board of Directors has entered into an agreement with the Company providing for the full release of any claims against the Company or any related party arising out of such employment."
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://woodchuck.ai
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