Data / Crowdfunding / Pennsylvania / Global Wordsmiths LLC
Global Wordsmiths LLC: crowdfunding raise on Honeycomb Portal LLC, $20,000 to $107,000 (2020)
Global Wordsmiths LLC, a limited liability company in Pittsburgh, PA, filed a Form C with the SEC on March 30, 2020 to raise $20,000 to $107,000 in debt through Honeycomb Portal LLC. The offering closed on May 15, 2020. In its most recent fiscal year it reported $1,138,985 in revenue and $291,838 in net income, with 7 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.globalwordsmiths.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 6401 PENN AVE, Pittsburgh, PA 15206
- Legal form
- Limited Liability Company
- Jurisdiction
- PA
- Incorporated
- February 13, 2017
- SEC CIK
- 0001807941
Offering terms
From the offering filed March 30, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $20,000
- Maximum
- $107,000
- Deadline
- May 15, 2020
- Portal compensation
- 6.0% of total amount raised. $100 posting fee. 2.85% investor fee capped at $37.25.
Financials
From the Form C-AR filed April 27, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,138,985 | $729,794 | sec.gov |
| Cost of goods sold | $524,875 | $394,287 | sec.gov |
| Net income | $291,838 | $86,116 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $644,462 | $79,036 | sec.gov |
| Cash | $406,738 | $2,687 | sec.gov |
| Accounts receivable | $227,159 | $72,700 | sec.gov |
| Short-term debt | $9,191 | $14,254 | sec.gov |
| Long-term debt | $189,920 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 27, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| June 16, 2020 | Progress update | $20,000 | $107,000 | May 15, 2020 | Total amount raised $40,863 | sec.gov |
| March 30, 2020 | Offering | $20,000 | $107,000 | May 15, 2020 | sec.gov |
Updated April 27, 2021. 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.