Data / Crowdfunding / Texas / Glover & Thomas Reserve Oil & Gas Corp
Glover & Thomas Reserve Oil & Gas Corp: crowdfunding raise on Thrivera Ventures Fund I, LLC, $10,000 to $1,070,000 (2018)
Glover & Thomas Reserve Oil & Gas Corp, a corporation in Houston, TX, filed a Form C with the SEC on October 24, 2018 to raise $10,000 to $1,070,000 in Reserve Oil Coin will issue a Simple Agreement for Future Tokens. The investor will receive a 30% discount with $2,800,000 valuation cap on the instance of future shares. through Thrivera Ventures Fund I, LLC. The offering closed on April 30, 2019. In its most recent fiscal year it reported $0 in revenue and a net loss of $3,402, with 2 employees.
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- Website
- reserveoilcoin.io
- Funding portal
- Thrivera Ventures Fund I, LLC
- Address
- 11811 NORTH FREEWAY SUITE 500, Houston, TX 77060
- Legal form
- Corporation
- Jurisdiction
- TX
- Incorporated
- May 30, 2018
- SEC CIK
- 0001744276
Offering terms
From the offering filed October 24, 2018.
- Security
- Reserve Oil Coin will issue a Simple Agreement for Future Tokens. The investor will receive a 30% discount with $2,800,000 valuation cap on the instance of future shares.
- Price
- $1.00
- Target
- $10,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2019
- Portal compensation
- 6-8% of the total raise
Financials
From the Form C filed October 24, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $0 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-3,402 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $0 | $0 | sec.gov |
| Cash | $0 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 24, 2018 | Offering | $10,000 | $1,070,000 | April 30, 2019 | sec.gov |
Updated October 24, 2018. 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.