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Strengths C-UProgress update (crowdfunding)

Filed: 23 Jun 20, 12:00am

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2019 FY C-AR Annual report (crowdfunding)
23 Jun 20 C-U Progress update (crowdfunding)
21 Apr 20 C/A Crowdfunding $100K to $1.07M in Common Stock
23 Jan 20 C Crowdfunding $100K to $1.07M in Common Stock

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schemaVersion:

Form C: Filer Information

Filer CIK:	0001800456
Filer CCC:	XXXXXXXX
File Number:	020-26043
Is this a LIVE or TEST Filing?	LIVE TEST
Is this an electronic copy of an official filing submitted in paper format in connection with a hardship exemption?
Would you like a Return Copy?

Submission Contact Information

Name:
Phone Number:
Contact E-Mail Address:
Notify via Filing Website only?

Form C: Issuer Information

Issuer Information

Name of Issuer:

Strengths, Inc.

Describe Progress Update:

At the close of the offering, the issuer sold 446,294 of Class A Common Stock for a total amount raised of $267,110.00.

Legal Status of Issuer:

Form:

Corporation

Jurisdiction of Incorporation/Organization:

DELAWARE

Date of Incorporation/Organization:

10-03-2017

Physical Address of Issuer:

Address 1:	1806 NORTH 500 EAST
City:	PROVO
State/Country:	UTAH
Mailing Zip/Postal Code:	48604
Website of Issuer:	http://www.soar.com

Intermediary through which the Offering will be Conducted:

CIK:	0001670254
Company Name:	Wefunder Portal LLC
Commission File Number:	007-00033
CRD Number:	283503

Form C: Offering Information

Offering Information

Amount of compensation to be paid to the intermediary, whether as a dollar amount or a percentage of the offering amount, or a good faith estimate if the exact amount is not available at the time of the filing, for conducting the offering, including the amount of referral and any other fees associated with the offering:

7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.

Any other financial interest in the issuer held by the intermediary, or any arrangement for the intermediary to acquire such an interest:

No

Type of Security Offered:

Common Stock

Target Number of Securities to be Offered:	181819
Price:	0.65000
Price (or Method for Determining Price):	Dividing pre-money valuation ($13,234,508.10 for investors in the first $150,000.40, $15,640,782 for remaining investors) by number of shares outstanding on fully diluted basis.
Target Offering Amount:	100000.45
Maximum Offering Amount (if different from Target Offering Amount):	1070000.00

Oversubscriptions Accepted:	Yes No
If yes, disclose how oversubscriptions will be allocated:	Other
Provide a description:	As determined by the issuer
Deadline to reach the Target Offering Amount:	04-24-2020

NOTE: If the sum of the investment commitments does not equal or exceed the target offering amount at the offering deadline, no securities will be sold in the offering, investment commitments will be cancelled and committed funds will be returned.

Form C: Annual Report Disclosure Requirements

Annual Report Disclosure Requirements

Current Number of Employees:	15.00
Total Assets Most Recent Fiscal Year-end:	153491.00
Total Assets Prior Fiscal Year-end:	2767.00
Cash and Cash Equivalents Most Recent Fiscal Year-end:	61377.00
Cash and Cash Equivalents Prior Fiscal Year-end:	2767.00
Accounts Receivable Most Recent Fiscal Year-end:	0.00
Accounts Receivable Prior Fiscal Year-end:	0.00
Short-term Debt Most Recent Fiscal Year-end:	493143.00
Short-term Debt Prior Fiscal Year-end:	4004.00
Long-term Debt Most Recent Fiscal Year-end:	0.00
Long-term Debt Prior Fiscal Year-end:	0.00
Revenue/Sales Most Recent Fiscal Year-end:	107966.00
Revenue/Sales Prior Fiscal Year-end:	0.00
Cost of Goods Sold Most Recent Fiscal Year-end:	42992.00
Cost of Goods Sold Prior Fiscal Year-end:	0.00
Taxes Paid Most Recent Fiscal Year-end:	0.00
Taxes Paid Prior Fiscal Year-end:	0.00
Net Income Most Recent Fiscal Year-end:	-1513255.00
Net Income Prior Fiscal Year-end:	-1237.00

Using the list below, select the jurisdictions in which the issuer intends to offer the securities:

ALABAMA

Using the list below, select the jurisdictions in which the issuer intends to offer the securities:

ALASKA

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ARIZONA

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ARKANSAS

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CALIFORNIA

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COLORADO

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CONNECTICUT

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DELAWARE

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DISTRICT OF COLUMBIA

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FLORIDA

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GEORGIA

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HAWAII

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IDAHO

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ILLINOIS

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INDIANA

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IOWA

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KANSAS

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KENTUCKY

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LOUISIANA

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MAINE

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MARYLAND

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MASSACHUSETTS

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MICHIGAN

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MINNESOTA

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MISSISSIPPI

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MISSOURI

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MONTANA

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NEBRASKA

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NEVADA

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NEW HAMPSHIRE

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NEW JERSEY

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NEW MEXICO

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NEW YORK

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NORTH CAROLINA

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NORTH DAKOTA

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OHIO

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OKLAHOMA

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OREGON

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PENNSYLVANIA

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PUERTO RICO

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RHODE ISLAND

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SOUTH CAROLINA

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SOUTH DAKOTA

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TENNESSEE

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TEXAS

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UTAH

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VERMONT

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VIRGINIA

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WASHINGTON

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WEST VIRGINIA

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WISCONSIN

Using the list below, select the jurisdictions in which the issuer intends to offer the securities:

WYOMING

Form C: Signature

Signature

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form C and has duly caused this Form to be signed on its behalf by the duly authorized undersigned.

Issuer:

Strengths, Inc.

Signature:

Paul Allen

Title:

Founder and CEO

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:

Paul Allen

Title:

Founder and CEO

Date:

06-22-2020

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:

Christen Allen

Title:

Board Member

Date:

06-22-2020

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