Data / Crowdfunding / Washington / FenSens, Inc
FenSens, Inc: crowdfunding raise on MicroVenture Marketplace Inc., $25,000 to $107,000 (2019)
FenSens, Inc, a corporation in Bellingham, WA, filed a Form C with the SEC on March 18, 2019 to raise $25,000 to $107,000 in Crowd Note through MicroVenture Marketplace Inc.. The offering closed on April 8, 2019. In its most recent fiscal year it reported $744,757 in revenue and $97,742 in net income, with 6 employees.
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- Website
- fensens.com
- Funding portal
- MicroVenture Marketplace Inc.
- Address
- 383 E. LAUREL RD., Bellingham, WA 98226
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 6, 2016
- SEC CIK
- 0001695816
Offering terms
From the amendment filed March 18, 2019.
- Security
- Crowd Note
- Price
- $1.00
- Target
- $25,000
- Maximum
- $107,000
- Deadline
- April 8, 2019
- Portal compensation
- The issuer will not owe a commission to the intermediary at the conclusion of the Offering.
Financials
From the Form C-U filed April 15, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $744,757 | $562,801 | sec.gov |
| Cost of goods sold | $289,653 | $266,380 | sec.gov |
| Net income | $97,742 | $-5,254 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $559,683 | $317,023 | sec.gov |
| Cash | $296,733 | $271,948 | sec.gov |
| Accounts receivable | $170,305 | $4,645 | sec.gov |
| Short-term debt | $59,839 | $21,022 | sec.gov |
| Long-term debt | $661,906 | $546,906 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 15, 2019 | Progress update | $25,000 | $107,000 | April 8, 2019 | $44,653 in investments. Payments still being received; final number not yet determined. | sec.gov |
| March 18, 2019 | Amendment | $25,000 | $107,000 | April 8, 2019 | Add webinar transcript (attached to Form C as Exhibit G). | sec.gov |
| February 8, 2019 | Offering | $25,000 | $107,000 | April 8, 2019 | sec.gov | |
| May 19, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| May 3, 2017 | Progress update | $100,000 | $350,000 | May 1, 2017 | $160,000 is our best estimate for the total amount of securities that will be sold. | sec.gov |
| March 9, 2017 | Offering | $100,000 | $350,000 | May 1, 2017 | sec.gov |
Updated April 15, 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.