Data / Crowdfunding / Florida / Dr Strains LLC
Dr Strains LLC: crowdfunding raise on Wefunder Portal LLC, $250,000 to $1,070,000 (2020)
Dr Strains LLC, a limited liability company in Azalea Park, FL, filed a Form C with the SEC on July 13, 2020 to raise $250,000 to $1,070,000 in Convertible Note through Wefunder Portal LLC. The offering closed on October 30, 2020. In its most recent fiscal year it reported $239,646 in revenue and $62,746 in net income, with 5 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- drstrainscbd.com
- Funding portal
- Wefunder Portal LLC
- Address
- 633 N Semoran Blvd, Azalea Park, FL 32807
- Legal form
- Limited Liability Company
- Jurisdiction
- FL
- Incorporated
- July 23, 2019
- SEC CIK
- 0001814327
Offering terms
From the offering filed July 13, 2020.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $250,000
- Maximum
- $1,070,000
- Deadline
- October 30, 2020
- Portal compensation
- 7.5% 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 July 13, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $239,646 | $0 | sec.gov |
| Cost of goods sold | $104,797 | $0 | sec.gov |
| Net income | $62,746 | $0 | sec.gov |
| Taxes paid | $415 | $0 | sec.gov |
| Total assets | $101,869 | $0 | sec.gov |
| Cash | $2,510 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $37,871 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 13, 2020 | Offering | $250,000 | $1,070,000 | October 30, 2020 | sec.gov |
Updated July 13, 2020. 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.