Data / Crowdfunding / Indiana / Green Sense Farms, LLC
Green Sense Farms, LLC: crowdfunding raise on StartEngine Capital LLC, $100,000 to $1,000,000 (2016)
Green Sense Farms, LLC, a limited liability company in Portage, IN, filed a Form C with the SEC on November 21, 2016 to raise $100,000 to $1,000,000 in common stock through StartEngine Capital LLC. The offering closed on December 31, 2016. In its most recent fiscal year it reported $442,277 in revenue and a net loss of $600,681, with 12 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.greensensefarms.com
- Funding portal
- StartEngine Capital LLC
- Address
- 6525 DANIEL BURNHAM DR SUITE B, Portage, IN 46368
- Legal form
- Limited Liability Company
- Jurisdiction
- IN
- Incorporated
- September 24, 2012
- SEC CIK
- 0001617365
Offering terms
From the amendment filed November 21, 2016.
- Security
- Common Stock
- Price
- $100.00
- Target
- $100,000
- Maximum
- $1,000,000
- Deadline
- December 31, 2016
- Portal compensation
- As compensation for the services provided hereunder by StartEngine Capital, Issuer shall pay to StartEngine Capital at the conclusion of the offering a fee consisting of a 5% (five percent) commission based on the amount of investments raised.
Financials
From the Form C-AR filed May 2, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $442,277 | $788,000 | sec.gov |
| Cost of goods sold | $120,558 | $106,000 | sec.gov |
| Net income | $-600,681 | $-76,000 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $2,760,170 | $2,602,000 | sec.gov |
| Cash | $388,375 | $294,000 | sec.gov |
| Accounts receivable | $14,096 | $133,000 | sec.gov |
| Short-term debt | $62,280 | $100,000 | sec.gov |
| Long-term debt | $1,378,918 | $1,208,000 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| January 6, 2017 | Progress update | $100,000 | $1,000,000 | December 31, 2016 | Green Sense Farms, LLC offering closed on December 31, 2016 with an investment total of $600,000. | sec.gov |
| November 21, 2016 | Amendment | $100,000 | $1,000,000 | December 31, 2016 | Extending the deadline of the offering to end of December | sec.gov |
| October 31, 2016 | Amendment | $100,000 | $1,000,000 | November 20, 2016 | Extending the deadline of the offering | sec.gov |
| August 19, 2016 | Offering | $100,000 | $1,000,000 | October 29, 2016 | sec.gov |
Updated May 2, 2017. 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.