Data / Crowdfunding / Texas / Lettuce Networks, Inc.
Lettuce Networks, Inc.: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $406,890 (2020)
Lettuce Networks, Inc., a corporation in Austin, TX, filed a Form C with the SEC on October 23, 2020 to raise $10,000 to $406,890 in Convertible Note through StartEngine Capital, LLC. The offering closed on April 21, 2021. In its most recent fiscal year it reported $484,772 in revenue and a net loss of $288,972, with 15 employees.
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- Website
- www.trashless.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 4701 RED BLUFF ROAD, SUITE B, Austin, TX 78702
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 18, 2016
- SEC CIK
- 0001718839
Offering terms
From the offering filed October 23, 2020.
- Security
- Convertible Note
- Target
- $10,000
- Maximum
- $406,890
- Deadline
- April 21, 2021
- Portal compensation
- 7.0 percent
Financials
From the Form C-U filed July 12, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $484,772 | $568,479 | sec.gov |
| Cost of goods sold | $295,853 | $499,058 | sec.gov |
| Net income | $-288,972 | $-701,032 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $278,370 | $155,655 | sec.gov |
| Cash | $78,668 | $41,672 | sec.gov |
| Accounts receivable | $751 | $3,851 | sec.gov |
| Short-term debt | $243,781 | $65,368 | sec.gov |
| Long-term debt | $163,474 | $74,200 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| July 12, 2021 | Progress update | $10,000 | $406,890 | April 21, 2021 | At the close of the offering, the issuer closed on $184493.89 and 180505 number of securities. | sec.gov |
| April 26, 2021 | Progress update | $10,000 | $406,890 | April 21, 2021 | At the close of the offering, the issuer closed on $184493.89 and 180505 number of securities. | sec.gov |
| October 23, 2020 | Offering | $10,000 | $406,890 | April 21, 2021 | sec.gov | |
| June 5, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| January 7, 2020 | Progress update | $10,000 | $1,070,000 | January 3, 2020 | The amount raised at the time of closing is $128,110. | sec.gov |
| November 4, 2019 | Amendment | $10,000 | $1,070,000 | January 3, 2020 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| August 30, 2019 | Amendment | $10,000 | $1,070,000 | November 4, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| July 2, 2019 | Amendment | $10,000 | $1,070,000 | September 3, 2019 | Issuer has extended the end date of the campaign, added a new officer and updated the campaign page. | sec.gov |
| May 1, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| April 26, 2019 | Amendment | $10,000 | $1,070,000 | July 3, 2019 | Issuer is extending their campaign and updating their financials. | sec.gov |
| April 2, 2019 | Amendment | $10,000 | $107,000 | April 30, 2019 | Issuer is extending the length of their campaign by 28 days. | sec.gov |
| January 4, 2019 | Offering | $10,000 | $107,000 | April 4, 2019 | sec.gov |
Updated July 12, 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.