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Data / Crowdfunding / Louisiana / Building Economic Advancement Network Corp

Building Economic Advancement Network Corp: crowdfunding raise on truCrowd, Inc, $10,000 to $1,070,000 (2021)

Building Economic Advancement Network Corp, a corporation in Belle Chasse, LA, filed a Form C with the SEC on May 4, 2021 to raise $10,000 to $1,070,000 in SAFE+REV (Simple Agreement for Future Equity AND Revenue Participation) through truCrowd, Inc. The offering closed on January 5, 2022. In its most recent fiscal year it reported $0 in revenue and $0 in net income.

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Website
www.iambean.us
Funding portal
truCrowd, Inc
Address
101 OAK PARK CT., Belle Chasse, LA 70037
Legal form
Corporation
Jurisdiction
LA
Incorporated
May 29, 2018
SEC CIK
0001743601

Offering terms

From the amendment filed May 4, 2021.

Security
SAFE+REV (Simple Agreement for Future Equity AND Revenue Participation)
Price
$50.00
Target
$10,000
Maximum
$1,070,000
Deadline
January 5, 2022
Portal compensation
The intermediary will get paid 7% success fee, less $3,500 already paid.

Financials

From the Form C/A filed May 4, 2021.

Most recent fiscal yearPrior fiscal yearSource
Revenue$0$0sec.gov
Cost of goods sold$0$0sec.gov
Net income$0$0sec.gov
Taxes paid$0$0sec.gov
Total assets$0$0sec.gov
Cash$0$0sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$0$0sec.gov
Long-term debt$0$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
May 4, 2021Amendment$10,000$1,070,000January 5, 2022Extend expiration date of the offeringsec.gov
December 28, 2020Amendment$10,000$1,070,000May 3, 2021Extend expiration date of the offeringsec.gov
July 29, 2020Amendment$10,000$1,070,000December 31, 2020Extend expiration date of the offeringsec.gov
February 25, 2020Amendment$10,000$1,070,000August 1, 2020Extend expiration date of the offering to August 1st, 2020.sec.gov
December 19, 2019Amendment$10,000$1,070,000March 1, 2020Extend expiration date of the offering to March 1st, 2020.sec.gov
July 3, 2019Amendment$10,000$1,070,000December 31, 2019Extend expiration date of the offering to December 31st, 2019.sec.gov
April 22, 2019Annual reportNot listedNot listedsec.gov
March 29, 2019Amendment$10,000$1,070,000July 1, 2019Extend expiration date of the offering to July 1st, 2019.sec.gov
December 28, 2018Amendment$10,000$1,070,000March 31, 2019Extend expiration date of the offering to March 31st, 2019 and removed Derek Fitzpatrick as COO.sec.gov
July 13, 2018Offering$10,000$1,070,000December 31, 2018sec.gov

All filings on sec.gov

Updated May 4, 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.