TuneGO, Inc
View this filing on EDGAR (filing index, accession 0002042717-24-000003) | All Form C filings by this company on EDGAR
Filing details
| Company | TuneGO, Inc | (Form C, issuer information) |
|---|---|---|
| State | NV | (Form C, issuer information) |
| Platform | Jumpstart Micro, Inc | (Form C, issuer information) |
| Filing date | 2024-10-29 | (EDGAR filing index) |
| Date of incorporation | 2016-07-16 | (Form C, issuer information) |
| Employees | 9 | (Form C, issuer information) |
| Security offered | Preferred Stock | (Form C, offering information) |
| Price per security | $2 | (Form C, offering information) |
| Target amount | $10,000 | (Form C, offering information) |
| Maximum ask | $1,235,000 | (Form C, offering information) |
| Offering deadline | 2025-03-15 | (Form C, offering information) |
| Platform compensation | A cash-based success fee of 7.0% of the dollar amount raised in the Offering after each successful closing, including any intermediary closings | (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 | $71,377 | $91,373 | (Form C, financial summary) |
| Cost of goods sold | $27,104 | $28,934 | (Form C, financial summary) |
| Net income | -$3,603,254 | -$3,611,679 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $3,788,700 | $1,274,075 | (Form C, financial summary) |
| Accounts receivable | $73,866 | $56,955 | (Form C, financial summary) |
| Total assets | $4,164,676 | $1,743,138 | (Form C, financial summary) |
| Short-term debt | $240,578 | $269,779 | (Form C, financial summary) |
| Long-term debt | $2,746 | $117,609 | (Form C, financial summary) |
Mechanical checks that fired
- Related-party language. Related-party 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 phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0002042717-24-000003.
"The purchase of the Company’s Preferred Stock by the Co-Issuer in order to secure the Investor’s indirect interest in the Company through the purchase by Investors of the Class B Units may be deemed to be a related party transaction by and among the Issuers of the Securities contemplated by this Offering."
- Net loss in both years. Net income is negative in both fiscal years reported in the Form C financial summary.
- Maximum ask above 10x revenue. The maximum offering amount is more than 10 times the most recent fiscal year revenue (or revenue is $0), per the Form C.
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
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