Data / Crowdfunding / Massachusetts / Bread is Pain Inc.
Bread is Pain Inc.: crowdfunding raise on MainVest, Inc., $20,000 to $85,000 (2021)
Bread is Pain Inc., a corporation in Yucca Valley, MA, filed a Form C with the SEC on July 6, 2021 to raise $20,000 to $85,000 in debt through MainVest, Inc.. The offering closed on July 21, 2021. In its most recent fiscal year it reported $0 in revenue and $200 in net income, with 2 employees.
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- Website
- www.lunasourdough.com
- Funding portal
- MainVest, Inc.
- Address
- 59811 SHARP TERRACE DR, Yucca Valley, MA 92284
- Legal form
- Corporation
- Jurisdiction
- MA
- Incorporated
- September 1, 2020
- SEC CIK
- 0001862828
Offering terms
From the amendment filed July 6, 2021.
- Security
- Debt
- Price
- $1.00
- Target
- $20,000
- Maximum
- $85,000
- Deadline
- July 21, 2021
- Portal compensation
- MainVest will be paid 6.0% of the final offering amount, upon the successful completion of the offering. MainVest does not receive compensation if the offering does not succeed.
Financials
From the Form C-U filed July 22, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $200 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 22, 2021 | Progress update | $20,000 | $85,000 | July 21, 2021 | At the close of the offering, the issuer closed on $34,300. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| July 6, 2021 | Amendment | $20,000 | $85,000 | July 21, 2021 | Issuer is decreasing minimum target amount. Issuer is amending minimum and maximum revenue share percentages. Issuer is amending intended use of funds. | sec.gov |
| May 19, 2021 | Offering | $65,000 | $85,000 | July 21, 2021 | sec.gov |
Updated July 22, 2021. 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.