Data / Crowdfunding / New York / French Morning Media Group, Inc.
French Morning Media Group, Inc.: crowdfunding raise on MICROVENTURE MARKETPLACE INC., $50,001 to $200,001 (2019)
French Morning Media Group, Inc., a corporation in Brooklyn, NY, filed a Form C with the SEC on August 29, 2019 to raise $50,001 to $200,001 in preferred stock through MICROVENTURE MARKETPLACE INC.. The offering closed on September 16, 2019. In its most recent fiscal year it reported $1,275,819 in revenue and $166,948 in net income, with 12 employees.
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- Website
- frenchmorning.com
- Funding portal
- MICROVENTURE MARKETPLACE INC.
- Address
- 450 Degraw Street, Brooklyn, NY 11217
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 21, 2017
- SEC CIK
- 0001713167
Offering terms
From the amendment filed August 29, 2019.
- Security
- Preferred Stock
- Price
- $6.23
- Target
- $50,001
- Maximum
- $200,001
- Deadline
- September 16, 2019
- Portal compensation
- The issuer will not owe a cash commission, or any other direct or indirect interest in the issuer, to the intermediary at the conclusion of the offering.
Financials
From the Form C-AR filed April 28, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,275,819 | $818,228 | sec.gov |
| Cost of goods sold | $206,669 | $61,906 | sec.gov |
| Net income | $166,948 | $40,418 | sec.gov |
| Taxes paid | $0 | $4,129 | sec.gov |
| Total assets | $541,526 | $382,294 | sec.gov |
| Cash | $68,820 | $68,586 | sec.gov |
| Accounts receivable | $325,592 | $229,980 | sec.gov |
| Short-term debt | $180,547 | $204,192 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 28, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| April 30, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| May 5, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| September 23, 2019 | Progress update | $50,001 | $200,001 | September 16, 2019 | Closing Crowdfunding campaign. | sec.gov |
| August 29, 2019 | Amendment | $50,001 | $200,001 | September 16, 2019 | This Amendment is filed to add a webinar transcript attached hereto as (Exhibit H). | sec.gov |
| August 12, 2019 | Amendment | $50,000 | $300,000 | October 16, 2019 | Updating the Offering Information to reflect the information in the Form C filing. | sec.gov |
| July 22, 2019 | Amendment | $50,000 | $300,000 | October 16, 2019 | Updating the Offering Information to reflect the information in the Form C filing. | sec.gov |
| July 18, 2019 | Offering | $50,001 | $200,001 | September 16, 2019 | sec.gov | |
| July 18, 2019 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2018 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| April 24, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| October 20, 2017 | Progress update | $50,000 | $300,000 | October 16, 2017 | The issuer raised approximately $233,725 during the offering period. Payments are still being processed; the exact amount has yet to be determined. | sec.gov |
| August 10, 2017 | Amendment | $50,000 | $300,000 | October 16, 2017 | Updating the Offering Information to reflect the information in the Form C filing. | sec.gov |
| August 10, 2017 | Amendment | $50,000 | $300,000 | October 16, 2017 | Replacing previous attachment in its entirety | sec.gov |
| August 10, 2017 | Offering | $50,000 | $300,000 | October 16, 2017 | sec.gov |
Updated April 28, 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.