COCO FOUNTAIN INC
View this filing on EDGAR (filing index, accession 0001665160-25-000327) | All Form C filings by this company on EDGAR
Filing details
| Company | COCO FOUNTAIN INC | (Form C, issuer information) |
|---|---|---|
| State | NJ | (Form C, issuer information) |
| Platform | StartEngine Primary, LLC | (Form C, issuer information) |
| Filing date | 2025-02-26 | (EDGAR filing index) |
| Date of incorporation | 2025-02-06 | (Form C, issuer information) |
| Employees | 6 | (Form C, issuer information) |
| Security offered | Other Nonvoting Common Stock | (Form C, offering information) |
| Price per security | $1 | (Form C, offering information) |
| Target amount | $123,999 | (Form C, offering information) |
| Maximum ask | $1,234,999 | (Form C, offering information) |
| Offering deadline | 2025-04-30 | (Form C, offering information) |
| Platform compensation | 7 - 13 percent | (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 | $444,016 | $52,480 | (Form C, financial summary) |
| Cost of goods sold | $341,183 | $107,376 | (Form C, financial summary) |
| Net income | -$998,147 | -$824,474 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $95,920 | $118,558 | (Form C, financial summary) |
| Accounts receivable | $194,147 | $38,239 | (Form C, financial summary) |
| Total assets | $1,147,799 | $936,931 | (Form C, financial summary) |
| Short-term debt | $281,835 | $71,083 | (Form C, financial summary) |
| Long-term debt | $89,948 | $115,016 | (Form C, financial summary) |
Mechanical checks that fired
- 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: 0001665160-25-000526.
C/A 0002056658 XXXXXXXX 020-35600 LIVE false false false true Added roughly $208K insider & $5K related party investments; added related transactions from Exhibit B; added Diego to D&O; lowered min. raise to $19,999.96; flash perk dates updated; min. investment raised from $189.23 to $229.87.
Quoted from a financial statement table, so it reads as columns rather than a sentence. Open the filing for the layout. - 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://www.cocovibe.com/
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