Data / Crowdfunding / Minnesota / Compost Man, LLC
Compost Man, LLC: crowdfunding raise on Wefunder Portal LLC, $100,000 to $1,000,000 (2018)
Compost Man, LLC, a limited liability company in Saint Cloud, MN, filed a Form C with the SEC on April 9, 2018 to raise $100,000 to $1,000,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on September 28, 2018. In its most recent fiscal year it reported $785 in revenue and a net loss of $2,709, with 2 employees.
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- Funding portal
- Wefunder Portal LLC
- Address
- PO Box 7444, Saint Cloud, MN 56302
- Legal form
- Limited Liability Company
- Jurisdiction
- MN
- Incorporated
- October 19, 1998
- SEC CIK
- 0001736396
Offering terms
From the offering filed April 9, 2018.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,000,000
- Deadline
- September 28, 2018
- Portal compensation
- 5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed April 9, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $785 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-2,709 | $-3,036 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $75 | $307 | sec.gov |
| Cash | $75 | $307 | sec.gov |
| Accounts receivable | $-169 | $-3,500 | sec.gov |
| Short-term debt | $3,100 | $157 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 9, 2018 | Offering | $100,000 | $1,000,000 | September 28, 2018 | sec.gov |
Updated April 9, 2018. 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.