Data / Crowdfunding / California / Creamy Coconuts, LLC
Creamy Coconuts, LLC: crowdfunding raise on MiTec, PBC, $50,000 to $579,000 (2018)
Creamy Coconuts, LLC, a limited liability company in Hayward, CA, filed a Form C with the SEC on November 9, 2018 to raise $50,000 to $579,000 in debt through MiTec, PBC. The offering closed on December 19, 2018. In its most recent fiscal year it reported $9,328 in revenue and a net loss of $61,418, with 2 employees.
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- Website
- www.kubenicecream.com
- Funding portal
- MiTec, PBC
- Address
- 28304 ARMOUR STREET, Hayward, CA 94545
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- January 19, 2016
- SEC CIK
- 0001749553
Offering terms
From the amendment filed November 9, 2018.
- Security
- Debt
- Target
- $50,000
- Maximum
- $579,000
- Deadline
- December 19, 2018
- Portal compensation
- 6.5% of offering proceeds that are actually distributed to the issuer.
Financials
From the Form C-AR filed December 18, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $9,328 | $432 | sec.gov |
| Cost of goods sold | $9,378 | $0 | sec.gov |
| Net income | $-61,418 | $-23,406 | sec.gov |
| Taxes paid | $1,495 | $3,521 | sec.gov |
| Total assets | $20,296 | $26,673 | sec.gov |
| Cash | $2,430 | $6,863 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $38,235 | $13,510 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 26, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| December 18, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| February 1, 2019 | Progress update | $50,000 | $579,000 | December 19, 2018 | The total amount of securities sold in the offering was $105,500. | sec.gov |
| November 9, 2018 | Amendment | $50,000 | $579,000 | December 19, 2018 | Correcting error in summary of method of calculation of annual payment in Item (m)(1) of the Offering Statement filed herewith. | sec.gov |
| October 12, 2018 | Amendment | $50,000 | $579,000 | December 19, 2018 | Adding: legends; clarification of risk factors; more info on cancellation; term sheet; pitch deck; executive summary; articles of organization; video transcript; crowdfunding page; CRD number; and additional employment info. Extending campaign deadline. | sec.gov |
| August 22, 2018 | Offering | $50,000 | $579,000 | November 2, 2018 | sec.gov |
Updated December 26, 2019. 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.