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This isn’t Black Sands Entertainment’s most recent raise. Reg CF · Preferred Stock · Apr 2023 (Closed) is more current.View latest round
Black Sands Entertainment

Reg CF · Preferred Stock · Jan 2020

ClosedReached targetReg CFPreferred Equity
via WeFunder · last checked Aug 17, 2026View campaign
Raised
$480K / $480K max
100% of ceiling · target hit day 12
Investors
1,741
$275.7 avg
Post-money valuation
$5M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$480K$240K$0
1.7K8710
Jan 21, 2020 · openedFeb 13, 2020 · last reading
Target ($90K) hit — Feb 2, 2020, day 12Deadline Apr 24, 2020 — 71 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder, last checked Aug 17, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2017–FY2018 · hover for source
$46K
−$24K
FY2017
$124K
$874
FY2018
RevenueNet income
Metric
FY2017 reviewed
FY2018 reviewed
Income statement
Revenue
$45,500
$123,843
Cost of goods sold
$31,178
$75,487
Gross margin
31%
39%
Net income
-$24,370
$874
Taxes paid
$437
$478
Balance sheet
Cash
$11,610
$22,922
Accounts receivable
$0
$26,465
Total assets
$11,610
$74,372
Short-term debt
$13,555
$96,292
Long-term debt
$21,490
$0
Total liabilities
$35,045
$96,292
Other
Headcount
—
2

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Deal terms

Pre-money$4.5M
Post-money$5M
Price / share$1.00
Shares offered90,000

Perks

Pre-money valuation $4,050,500$200K+

Offering details

Target$90,000
Max$480,000
Min investment$100
OpenedJan 21, 2020
DeadlineApr 24, 2020
ClosedApr 24, 2020
Days active94

Links & provenance

Campaign pageSEC filing
Source: SEC EDGAR
0001670254-20-000039
Last synced Aug 17, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.