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Black Sands Entertainment

Reg CF · Preferred Stock · Apr 2023

ClosedReached targetReg CFPreferred Equity
via WeFunderView campaign
Raised
$1M / $2M max
52% of ceiling · target hit day 3
Investors
2,124
$490 avg
Post-money valuation
$41M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$1.0M$520K$0
1.9K9660
Apr 9, 2023 · openedJun 22, 2023 · last reading
Target ($100K) hit — Apr 12, 2023, day 3$1.0M raised — Jun 20, 2023Deadline Apr 29, 2024 — 312 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

FY2021–FY2022 · hover for source
$1.1M
−$311K
FY2021
$808K
−$540K
FY2022
RevenueNet income
Metric
FY2021 unaudited
FY2022 unaudited
Income statement
Revenue
$1,050,818
$807,509
Cost of goods sold
$299,117
$224,092
Gross margin
72%
72%
Net income
-$310,557
-$539,742
Taxes paid
$6,758
$13,141
Balance sheet
Cash
$788,210
$827,052
Accounts receivable
$0
$0
Total assets
$1,201,939
$890,597
Short-term debt
$73,169
$42,957
Long-term debt
$0
$0
Total liabilities
$73,169
$42,957
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$40M
Post-money$41M
Price / share$7.17
Shares offered15,504

Offering details

Target$100,001
Max$1,999,997
Min investment$100
OpenedApr 9, 2023
DeadlineApr 29, 2024
ClosedJun 23, 2023
Days active75

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-23-000327

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.