Crowdonomics
Sunken Stone, Inc.

Reg CF · Preferred Stock · Oct 2020

ClosedReached targetReg CFPreferred Equity
via WeFunderView campaign
Raised
$584.2K / $1.1M max
55% of ceiling · target hit day 2
Investors
261
$2.2K avg
Post-money valuation
$11.3M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$570K$285K$0
2331170
Oct 27, 2020 · openedFeb 12, 2021 · last reading
Target ($50K) hit — Oct 29, 2020, day 2Deadline Feb 11, 2021

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

Financials disclosed in this offering

FY2018–FY2019 · hover for source
$21.5M
$257K
FY2018
$31.5M
$142K
FY2019
RevenueNet income
Metric
FY2018
FY2019 reviewed
Income statement
Revenue
$21,460,468
$31,496,566
Cost of goods sold
$19,492,106
$29,094,755
Gross margin
9%
8%
Net income
$256,911
$141,544
Taxes paid
$17,287
$35,609
Balance sheet
Cash
$544,429
$504,580
Accounts receivable
$3,000
$21,849
Total assets
$1,124,694
$1,247,972
Short-term debt
$926,618
$1,152,799
Long-term debt
$95,412
$95,412
Total liabilities
$1,022,030
$1,248,211
Other
Headcount
—
18

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

Deal terms

Pre-money$10.7M
Post-money$11.3M
Price / share$5.00
Shares offered12,500

Offering details

Target$50,000
Max$1,070,000
Min investment$500
OpenedOct 27, 2020
DeadlineFeb 11, 2021
ClosedFeb 12, 2021
Days active108

Links & provenance

Source: Manual
0001670254-20-000946

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.