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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 · Nov 2020

ClosedReached targetReg CFPreferred Equity
via WeFunderView campaign
Raised
$697.9K / $535K max
100% of ceiling · target hit day 3
Investors
1,264
$552.1 avg
Post-money valuation
$10.5M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$698K$349K$0
1.3K6320
Nov 11, 2020 · openedDec 11, 2020 · last reading
Target ($100K) hit — Nov 14, 2020, day 3Deadline Mar 4, 2021 — 83 days out

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
$124K
$874
FY2018
$100K
$22K
FY2019
RevenueNet income
Metric
FY2018 reviewed
FY2019 reviewed*
Income statement
Revenue
$123,843
$100,048
Cost of goods sold
$75,487
$42,018
Gross margin
39%
58%
Net income
$874
$22,098
Taxes paid
$478
$117
Balance sheet
Cash
$22,922
$6,273
Accounts receivable
$26,465
$49,689
Total assets
$74,372
$74,009
Short-term debt
$96,292
$73,830
Long-term debt
$0
$0
Total liabilities
$96,292
$73,830
Other
Headcount
2
2

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

Deal terms

Pre-money$9.8M
Post-money$10.5M
Price / share$1.96
Shares offered51,020

Offering details

Target$99,999
Max$535,000
Min investment$250
OpenedNov 11, 2020
DeadlineMar 4, 2021
ClosedDec 11, 2020
Days active30

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-001019

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.