Data / Crowdfunding / Massachusetts / FOOD FOR THOUGHT LLC
FOOD FOR THOUGHT LLC: crowdfunding raise on MainVest, Inc., $25,000 to $107,000 (2019)
FOOD FOR THOUGHT LLC, a limited liability company in Boston, MA, filed a Form C with the SEC on May 30, 2019 to raise $25,000 to $107,000 in debt through MainVest, Inc.. The offering closed on July 31, 2019. In its most recent fiscal year it reported $558,819 in revenue and a net loss of $174,077, with 6 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
- lobstahonaroll.com
- Funding portal
- MainVest, Inc.
- Address
- 537 COLUMBUS AVE, Boston, MA 02118
- Legal form
- Limited Liability Company
- Jurisdiction
- MA
- Incorporated
- August 1, 2017
- SEC CIK
- 0001777350
Offering terms
From the offering filed May 30, 2019.
- Security
- Debt
- Price
- $1.00
- Target
- $25,000
- Maximum
- $107,000
- Deadline
- July 31, 2019
- Portal compensation
- MainVest will be paid 6.0% of the final offering amount, upon the successful completion of the offering. MainVest does not receive compensation if the offering does not succeed.
Financials
From the Form C-U filed August 1, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $558,819 | $59,808 | sec.gov |
| Cost of goods sold | $261,744 | $42,124 | sec.gov |
| Net income | $-174,077 | $-64,960 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $109,152 | $104,482 | sec.gov |
| Cash | $10,463 | $11,581 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $156,182 | $92,677 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 1, 2019 | Progress update | $25,000 | $107,000 | July 31, 2019 | Our best estimate of the total amount raised by Issuer in the offering is $30,700. The funds are currently being processed. The actual amount may be lower. | sec.gov |
| May 30, 2019 | Offering | $25,000 | $107,000 | July 31, 2019 | sec.gov |
Updated August 1, 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.