Data / Crowdfunding / Michigan / Flatland, LLC
Flatland, LLC: crowdfunding raise on Fundopolis Portal LLC, $25,000 to $249,000 (2020)
Flatland, LLC, a limited liability company in Walker, MI, filed a Form C with the SEC on November 17, 2020 to raise $25,000 to $249,000 in debt through Fundopolis Portal LLC. The offering closed on January 22, 2021. In its most recent fiscal year it reported $258,787 in revenue and a net loss of $90,994, with 2 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
- www.flatland3d.com
- Funding portal
- Fundopolis Portal LLC
- Address
- 4157 TALL TIMBER DR NW, Walker, MI 49534
- Legal form
- Limited Liability Company
- Jurisdiction
- MI
- Incorporated
- May 23, 2016
- SEC CIK
- 0001813566
Offering terms
From the amendment filed November 17, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $249,000
- Deadline
- January 22, 2021
- Portal compensation
- 6.0% of the offering amount raised upon a successful fundraise comprised of 4% of funds raised and 2% of securities issued
Financials
From the Form C/A filed November 17, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $258,787 | $225,644 | sec.gov |
| Cost of goods sold | $158,289 | $86,902 | sec.gov |
| Net income | $-90,994 | $21,344 | sec.gov |
| Taxes paid | $126 | $192 | sec.gov |
| Total assets | $26,298 | $179,768 | sec.gov |
| Cash | $310 | $4,408 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $55,406 | $59,590 | sec.gov |
| Long-term debt | $37,880 | $25,243 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 17, 2020 | Amendment | $25,000 | $249,000 | January 22, 2021 | Required statement in Investment and Cancellation Process was updated. Annual report location was updated. | sec.gov |
| July 27, 2020 | Amendment | $25,000 | $249,000 | January 22, 2021 | The Company address was updated on the Offering Memorandum. | sec.gov |
| July 24, 2020 | Offering | $25,000 | $249,000 | January 22, 2021 | sec.gov |
Updated November 17, 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.