Voodoo Brewing Co., Inc.
View this filing on EDGAR (filing index, accession 0001853572-24-000006) | All Form C filings by this company on EDGAR
Filing details
| Company | Voodoo Brewing Co., Inc. | (Form C, issuer information) |
|---|---|---|
| State | PA | (Form C, issuer information) |
| Platform | Honeycomb Portal LLC | (Form C, issuer information) |
| Filing date | 2024-11-05 | (EDGAR filing index) |
| Date of incorporation | 2005-11-05 | (Form C, issuer information) |
| Employees | 75 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $21 | (Form C, offering information) |
| Target amount | $50,000 | (Form C, offering information) |
| Maximum ask | $111,098 | (Form C, offering information) |
| Offering deadline | 2024-12-23 | (Form C, offering information) |
| Platform compensation | Applied at marginal rate based upon amount of total offering (as an extension of their previous offering): up to $50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25. | (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 | $6,782,973 | $6,078,445 | (Form C, financial summary) |
| Cost of goods sold | $2,310,507 | $2,338,941 | (Form C, financial summary) |
| Net income | -$584,191 | -$221,791 | (Form C, financial summary) |
| Taxes paid | -$208,085 | $6,516 | (Form C, financial summary) |
| Cash and equivalents | $80,686 | $112,424 | (Form C, financial summary) |
| Accounts receivable | $72,430 | $136,745 | (Form C, financial summary) |
| Total assets | $4,247,659 | $4,426,060 | (Form C, financial summary) |
| Short-term debt | $866,473 | $642,534 | (Form C, financial summary) |
| Long-term debt | $1,942,864 | $2,237,719 | (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: 0001853572-24-000006.
"NOTE F - RELATED PARTY TRANSACTIONS (CONTINUED) The company rents property from a related party."
"NOTE F - RELATED PARTY TRANSACTIONS (CONTINUED) The company rents property from a related party."
- 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.
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