New Platform Tech
Early Stage
Brand Yourself to Stardom
Overview
Raised: $497
Total Commitments ($USD)
Platform
Netcapital
Start Date
11/17/2023
Close Date
01/31/2024
Min. Goal
$10,000
Max. Goal
$1,200,000
Min. Investment
$99
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$0.10
Pre-Money Valuation
$11,743,431
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/08/2023
Days Remaining
54
% of Min. Goal
5%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$24
Momentum
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Location
Las Vegas, Nevada
New Platform Tech, with a valuation of $11.7 million, is raising funds on NetCapital. The company is launching The Next Female Superstar talent competition, a three-tier singing competition series. New Platform Tech will provide a voting-engine app for the winners to be selected by their friends, family, fans, followers, and celebrity judges. The best-voted 480 singers and 233 songs will advance to the TNFS Live Showdown in Las Vegas, Nevada. Raymond Hall founded New Platform Tech in May 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for minting and auction enhancements, beta test marketing, software cloud expenses, TNFS app upgrades, immediate liabilities, and legal fees.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-153,674 |
$-78,057 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$4 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$29,938 |
$74,233 |
|
Short-Term Debt |
$16,235 |
$20,245 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$16,235 |
$20,245 |
Financials as of: 11/17/2023
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