New Platform Tech
Early Stage
Brand Yourself to Stardom
Overview
Raised: $0
Total Commitments ($USD)
Platform
Netcapital
Start Date
11/16/2023
Close Date
01/31/2024
Min. Goal
$10,000
Max. Goal
$1,200,000
Min. Investment
$99
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.10
Pre-Money Valuation
$11,743,431
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/31/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
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: 11/16/2023
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