Data / Crowdfunding / Oklahoma / Bare Pines LLC
Bare Pines LLC: crowdfunding raise on Honeycomb Portal LLC, $50,000 to $100,000 (2023)
Bare Pines LLC, a limited liability company in Woodward, OK, filed a Form C with the SEC on August 16, 2023 to raise $50,000 to $100,000 in debt through Honeycomb Portal LLC. The offering closed on September 15, 2023. In its most recent fiscal year it reported $1,815,892 in revenue and $813 in net income, with 20 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.barepines.com/scissortailsmenu
- Funding portal
- Honeycomb Portal LLC
- Address
- 3004 WILLIAMS AVENUE, Woodward, OK 73801
- Legal form
- Limited Liability Company
- Jurisdiction
- OK
- Incorporated
- March 20, 2018
- SEC CIK
- 0001987202
Offering terms
From the amendment filed August 16, 2023.
- Security
- Debt
- Price
- $1.00
- Target
- $50,000
- Maximum
- $100,000
- Deadline
- September 15, 2023
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C/A filed August 16, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,815,892 | $1,023,329 | sec.gov |
| Cost of goods sold | $1,326,884 | $845,408 | sec.gov |
| Net income | $813 | $45,132 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $326,071 | $64,271 | sec.gov |
| Cash | $6,907 | $0 | sec.gov |
| Accounts receivable | $7,890 | $0 | sec.gov |
| Short-term debt | $148,883 | $0 | sec.gov |
| Long-term debt | $0 | $42,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 16, 2023 | Amendment | $50,000 | $100,000 | September 15, 2023 | Target end date updated | sec.gov |
| August 15, 2023 | Offering | $50,000 | $100,000 | September 14, 2023 | sec.gov |
Updated August 16, 2023. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.