This isn’t MF Fire’s most recent raise. Reg CF · Common Stock · Dec 2023 (Closed) is more current.View latest round

Reg CF · Convertible Note · May 2016

ClosedReached targetReg CFConvertible Note

via SI Portal, LLCView campaign

Raised

$170K / $250K max

68% of ceiling

Investors

—

Valuation cap

$7M

cap, not an agreed valuation

Financials disclosed in this offering

FY2014–FY2015 · hover for source

$29K

−$2K

FY2014

$100K

−$37K

FY2015

RevenueNet income

Metric

FY2014

FY2015 reviewed*

Income statement

Revenue

$28,500

$100,000

Cost of goods sold

Gross margin

100%

Net income

-$2,250

-$36,772

Taxes paid

Balance sheet

Cash

$7,321

$10,170

Accounts receivable

Total assets

$7,321

$10,170

Short-term debt

Long-term debt

$200,000

Total liabilities

Other

Headcount

—

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

Amendments to this offering

1 amendment

Jul 12, 2016
Terms not yet extracted from this filing
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

Valuation cap$7M

Conversion discount15%

Interest rate6%

Offering details

Target$100,000

Max$250,000

Min investment$500

OpenedMay 16, 2016

DeadlineAug 15, 2016

ClosedAug 29, 2016

Days active105

Links & provenance

Campaign page SEC filing

Source: Manual
0001644600-16-000134

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.