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This isn’t 20/20 GeneSystems’s most recent raise. Reg CF · Convertible Note · Oct 2025 (Closed) is more current.View latest round
20/20 GeneSystems

Reg CF · Preferred Stock · Oct 2017

ClosedReached targetReg CFPreferred Equity
via FIRST DEMOCRACY VC · last checked Aug 17, 2026
Raised
$488.2K / $1.1M max
46% of ceiling
Investors
—
—
Valuation
—
—

Financials disclosed in this offering

FY2015–FY2016 · hover for source
$908K
−$1.9M
FY2015
$132K
−$708K
FY2016
RevenueNet income
Metric
FY2015 reviewed*
FY2016 reviewed*
Income statement
Revenue
$908,102
$131,750
Cost of goods sold
$344,807
$102,340
Gross margin
62%
22%
Net income
-$1,871,372
-$708,447
Taxes paid
$0
$0
Balance sheet
Cash
$1,097,894
$393,790
Accounts receivable
$135,693
$21,832
Total assets
$1,591,981
$781,469
Short-term debt
$186,731
$0
Long-term debt
$0
$0
Total liabilities
$186,731
$705,555
Other
Headcount
—
5

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

Amendments to this offering

3 amendments
  1. Aug 6, 2025
    • Deadline Dec 14, 2017 → Aug 9, 2025
    • Maximum $1.1M → $700K
    • Target $75K → $10K
    • Price $3.26 → $1
    • Security Preferred Stock → Other: Convertible Promissory Notes

    “This Amendment is to extend the offering to August 9th, 2025.”

    Form C/A on EDGAR ↗
  2. Dec 14, 2017
    No change to filed terms

    “This Amendment is filed to add the Webinar Transcript (Exhibit I)”

    Form C/A on EDGAR ↗
  3. Oct 30, 2017
    No change to filed terms

    “Correct nonmaterial typographical errors in the Company Summary, the Subscription Agreement and the Certificate of Designation of Series A-2 Preferred Stock, and make a nonmaterial clarification to Section 7.3 of the Certificate of Designation.”

    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Price / share$3.26
Shares offered23,006

Offering details

Target$75,000
Max$1,070,000
Min investment—
OpenedOct 13, 2017
DeadlineDec 14, 2017
ClosedDec 14, 2017
Days active62

Links & provenance

Source: SEC EDGAR
0001139685-17-000001
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.