Data / Crowdfunding / Texas / Hit Reset LLC
Hit Reset LLC: crowdfunding raise on MicroVentures Marketplace Inc., $25,000 to $107,000 (2019)
Hit Reset LLC, a limited liability company in Austin, TX, filed a Form C with the SEC on April 29, 2019 to raise $25,000 to $107,000 in Crowd Note through MicroVentures Marketplace Inc.. The offering closed on May 6, 2019. In its most recent fiscal year it reported $11,200 in revenue and a net loss of $29,097.
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- Website
- www.hitreset.io
- Funding portal
- MicroVentures Marketplace Inc.
- Address
- 1914 E. 6TH #6918, Austin, TX 78702
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- May 28, 2018
- SEC CIK
- 0001770023
Offering terms
From the amendment filed April 29, 2019.
- Security
- Crowd Note
- Price
- $1.00
- Target
- $25,000
- Maximum
- $107,000
- Deadline
- May 6, 2019
- Portal compensation
- The issuer will not owe a commission to the intermediary at the conclusion of the offering. The intermediary is not charging the issuer any compensation with respect to the Offering.
Financials
From the Form C-AR filed April 27, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $11,200 | $2,968 | sec.gov |
| Cost of goods sold | $18,980 | $11,368 | sec.gov |
| Net income | $-29,097 | $-27,161 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $24,364 | $5,747 | sec.gov |
| Cash | $24,364 | $4,655 | sec.gov |
| Accounts receivable | $0 | $92 | sec.gov |
| Short-term debt | $4,241 | $11,860 | sec.gov |
| Long-term debt | $39,252 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| March 8, 2021 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 27, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| May 6, 2019 | Progress update | $25,000 | $107,000 | May 6, 2019 | $25,251 received in investments. Payments still being processed; final figure not yet determined. | sec.gov |
| April 29, 2019 | Amendment | $25,000 | $107,000 | May 6, 2019 | Extending Offering Deadline to May 6, 2019. | sec.gov |
| March 19, 2019 | Offering | $25,000 | $107,000 | April 29, 2019 | sec.gov |
Updated March 8, 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.