FORM C | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | OMB APPROVAL |
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Form C: Filer Information
Filer CIK: | 0001811231 |
Filer CCC: | XXXXXXXX |
Period: | 12-31-2020 |
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? | |
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Submission Contact Information
Name: | |
Phone Number: | |
Contact E-Mail Address: | |
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Form C: Issuer Information
Issuer Information
Name of Issuer: | Solectrac, Inc. |
Legal Status of Issuer:
Form: | Corporation |
Jurisdiction of Incorporation/Organization: | CALIFORNIA |
Date of Incorporation/Organization: | 05-28-2019 |
Physical Address of Issuer:
Address 1: | 30151 Navarro Ridge Rd. |
City: | Albion |
State/Country: | CALIFORNIA |
Mailing Zip/Postal Code: | 95410 |
Website of Issuer: | www.solectrac.com |
Form C: Annual Report Disclosure Requirements
Annual Report Disclosure Requirements
Current Number of Employees: | 1 |
Total Assets Most Recent Fiscal Year-end: | 3681999.73 |
Total Assets Prior Fiscal Year-end: | 186873.00 |
Cash and Cash Equivalents Most Recent Fiscal Year-end: | 3070581.26 |
Cash and Cash Equivalents Prior Fiscal Year-end: | 114210.00 |
Accounts Receivable Most Recent Fiscal Year-end: | 77613.17 |
Accounts Receivable Prior Fiscal Year-end: | 0.00 |
Short-term Debt Most Recent Fiscal Year-end: | 496042.63 |
Short-term Debt Prior Fiscal Year-end: | 97593.00 |
Long-term Debt Most Recent Fiscal Year-end: | 0.00 |
Long-term Debt Prior Fiscal Year-end: | 166586.00 |
Revenue/Sales Most Recent Fiscal Year-end: | 152280.00 |
Revenue/Sales Prior Fiscal Year-end: | 83258.00 |
Cost of Goods Sold Most Recent Fiscal Year-end: | 101540.26 |
Cost of Goods Sold Prior Fiscal Year-end: | 51680.00 |
Taxes Paid Most Recent Fiscal Year-end: | 800.00 |
Taxes Paid Prior Fiscal Year-end: | 0.00 |
Net Income Most Recent Fiscal Year-end: | -180496.00 |
Net Income Prior Fiscal Year-end: | -167883.00 |
Form C: Signature
Signature
Issuer: | Solectrac, Inc. |
Signature: | Stephen Heckeroth |
Title: | CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer |
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: | Stephen Heckeroth |
Title: | CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer |
Date: | 04-30-2021 |