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WATCH FACTS, INC - Florida Company Profile

Company Details

Entity Name: WATCH FACTS, INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

WATCH FACTS, INC is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act.

Status: Inactive

The business entity is inactive. This status may signal operational issues or voluntary closure, raising concerns about the business's ability to repay loans and requiring careful risk assessment by lenders.

Date Filed: 20 Aug 2010 (15 years ago)
Date of dissolution: 23 Sep 2013 (12 years ago)
Last Event: CORPORATE MERGER
Event Date Filed: 23 Sep 2013 (12 years ago)
Document Number: P10000068420
FEI/EIN Number 273283158

Federal Employer Identification (FEI) Number assigned by the IRS.

Address: 164 E FLAGLER, SUITE 624, MIAMI, FL, 33131
Mail Address: 164 E FLAGLER, SUITE 624, MIAMI, FL, 33131
ZIP code: 33131
County: Miami-Dade
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
MUFASA HOLDINGS, LLC President -
CORMIER JOHN Chief Executive Officer 400 ALTON RD, MIAMI BEACH, FL, 33139
KIRAM NAWEL Vice President 400 ALTON RD, MIAMI BEACH, FL, 33139
CORMIER JOHN Agent 400 ALTON RD, MIAMI, FL, 33139

Events

Event Type Filed Date Value Description
MERGER 2013-09-23 - CORPORATION WAS PART OF A MERGER. NON-QUALIFIED CORPORATION WAS WATCHFACTS, INC.. MERGER NUMBER 900000134389
CHANGE OF PRINCIPAL ADDRESS 2012-08-20 164 E FLAGLER, SUITE 624, MIAMI, FL 33131 -
CHANGE OF MAILING ADDRESS 2012-08-20 164 E FLAGLER, SUITE 624, MIAMI, FL 33131 -
ARTICLES OF CORRECT-ION/NAME CHANGE 2010-09-27 WATCH FACTS, INC -

Documents

Name Date
Merger 2013-09-23
ANNUAL REPORT 2013-04-14
ANNUAL REPORT 2012-04-24
ANNUAL REPORT 2011-04-29
Article of Correction/NC 2010-09-27
Domestic Profit 2010-08-20

USAspending Awards / Financial Assistance

Date:
2021-02-26
Awarding Agency Name:
Small Business Administration
Transaction Description:
TO AID SMALL BUSINESSES IN MAINTAINING WORK FORCE DURING COVID-19 PANDEMIC.
Obligated Amount:
0.00
Face Value Of Loan:
93041.00
Total Face Value Of Loan:
93041.00

Paycheck Protection Program

Date Approved:
2021-02-26
Loan Status:
Paid in Full
SBA Guaranty Percentage:
100
Initial Approval Amount:
93041
Current Approval Amount:
93041
Race:
Black or African American
Ethnicity:
Unknown/NotStated
Gender:
Male Owned
Veteran:
Non-Veteran
Forgiveness Amount:
93856.7

Date of last update: 01 Jun 2025

Sources: Florida Department of State