Data / Crowdfunding / Alabama / DCG Group, LLC
DCG Group, LLC: crowdfunding raise on Vicinity LLC, $25,000 to $250,000 (2020)
DCG Group, LLC, a limited liability company in Birmingham, AL, filed a Form C with the SEC on December 9, 2020 to raise $25,000 to $250,000 in SAFE notes through Vicinity LLC. The offering closed on January 31, 2021. In its most recent fiscal year it reported $1,025,160 in revenue and a net loss of $322,981, with 16 employees.
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- Website
- boulosolutions.com
- Funding portal
- Vicinity LLC
- Address
- 732 Montgomery Hwy Suite 9-323, Birmingham, AL 35216
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- May 23, 2018
- SEC CIK
- 0001831529
Offering terms
From the offering filed December 9, 2020.
- Security
- SAFE notes
- Price
- $1.00
- Target
- $25,000
- Maximum
- $250,000
- Deadline
- January 31, 2021
- Portal compensation
- 4% of total offering amount, and securities equal to 4% of the total number of securities sold in the offering. Vicinity will also receive a 1% transaction fee on all payments from Boulo to investors that will be withheld from the payment to investors.
Financials
From the Form C-AR filed May 2, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,025,160 | $778,104 | sec.gov |
| Cost of goods sold | $507,158 | $613,878 | sec.gov |
| Net income | $-322,981 | $-104,516 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $273,633 | $85,221 | sec.gov |
| Cash | $212,383 | $25,121 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $601,637 | $105,995 | sec.gov |
| Long-term debt | $4,639 | $64,800 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 21, 2021 | Progress update | Not listed | Not listed | The Offering closed successfully on 1/31/2021, having received funded and completed investment commitments of $79,600.00, as determined following the final accounting. | sec.gov | |
| December 9, 2020 | Offering | $25,000 | $250,000 | January 31, 2021 | sec.gov |
Updated May 2, 2022. 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.