4BIDDENKNOWLEDGE, INC.
View this filing on EDGAR (filing index, accession 0001062993-24-019789) | All Form C filings by this company on EDGAR
Filing details
| Company | 4BIDDENKNOWLEDGE, INC. | (Form C, issuer information) |
|---|---|---|
| State | FL | (Form C, issuer information) |
| Platform | DEALMAKER SECURITIES LLC | (Form C, issuer information) |
| Filing date | 2024-11-29 | (EDGAR filing index) |
| Date of incorporation | 2017-01-31 | (Form C, issuer information) |
| Employees | 2 | (Form C, issuer information) |
| Security offered | Common Stock | (Form C, offering information) |
| Price per security | $3 | (Form C, offering information) |
| Target amount | $10,003 | (Form C, offering information) |
| Maximum ask | $4,323,543 | (Form C, offering information) |
| Offering deadline | 2025-04-15 | (Form C, offering information) |
| Platform compensation | As compensation for the services provided by DealMaker Securities LLC, the Issuer is required to pay to DealMaker Securities LLC a fee consisting of an eight and one-half percent (8.5%) cash commission | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $7,218,926 | $2,369,674 | (Form C, financial summary) |
| Cost of goods sold | $3,645,259 | $2,216,107 | (Form C, financial summary) |
| Net income | -$381,779 | -$2,312,735 | (Form C, financial summary) |
| Taxes paid | $0 | -$387,279 | (Form C, financial summary) |
| Cash and equivalents | $111,588 | $361,937 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $1,163,895 | $1,138,358 | (Form C, financial summary) |
| Short-term debt | $819,213 | $488,252 | (Form C, financial summary) |
| Long-term debt | $372,249 | $469,480 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0001062993-24-019789, 0001062993-25-007078, 0001062993-25-007964.
"GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business."
"GOING CONCERN The accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business."
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Cash below one year of losses. Net loss for the most recent fiscal year is larger than year-end cash, both as reported in the Form C financial summary.
- Debt above assets. Short-term plus long-term debt is larger than total assets in the Form C financial summary.
- Platform compensation of 8% or more. The platform compensation stated in the Form C is 8% or more of the offering.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
Company website as listed in the Form C: https://www.4biddenknowledge.com
Want the weekly briefing? Subscribe free.