Data / Crowdfunding / Louisiana / LIFE RECOVERY SYSTEMS HD LLC
LIFE RECOVERY SYSTEMS HD LLC: crowdfunding raise on StartEngine Capital, LLC, $9,991 to $106,992 (2018)
LIFE RECOVERY SYSTEMS HD LLC, a limited liability company in Alexandria, LA, filed a Form C with the SEC on August 30, 2018 to raise $9,991 to $106,992 in Class B Common Units through StartEngine Capital, LLC. The offering closed on November 2, 2018. In its most recent fiscal year it reported $104,330 in revenue and a net loss of $230,344, with 4 employees.
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- Website
- www.life-recovery.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 711 KIMBALL AVE, Alexandria, LA 71301
- Legal form
- Limited Liability Company
- Jurisdiction
- LA
- Incorporated
- June 6, 2002
- SEC CIK
- 0001284608
Offering terms
From the amendment filed August 30, 2018.
- Security
- Class B Common Units
- Price
- $9.57
- Target
- $9,991
- Maximum
- $106,992
- Deadline
- November 2, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-U filed May 22, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $104,330 | $237,896 | sec.gov |
| Cost of goods sold | $76,515 | $124,007 | sec.gov |
| Net income | $-230,344 | $-133,511 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $198,953 | $230,859 | sec.gov |
| Cash | $1,783 | $7,617 | sec.gov |
| Accounts receivable | $0 | $23,199 | sec.gov |
| Short-term debt | $159,391 | $213,147 | sec.gov |
| Long-term debt | $3,024,616 | $2,771,254 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 22, 2019 | Progress update | $9,991 | $106,992 | November 2, 2018 | At the close of the offering, the issuer closed on $86,589.36 and 9,125 number of securities. | sec.gov |
| May 8, 2019 | Progress update | $9,991 | $106,992 | November 2, 2018 | At the close of the offering, the issuer closed on $86,589.36 and 9,125 number of securities. | sec.gov |
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| November 6, 2018 | Progress update | $9,991 | $106,992 | November 2, 2018 | At the close of the offering, the issuer closed on $86,589.36 and 9,125 number of securities. | sec.gov |
| August 30, 2018 | Amendment | $9,991 | $106,992 | November 2, 2018 | The company is extending their campaign. | sec.gov |
| June 28, 2018 | Amendment | $9,991 | $106,992 | September 3, 2018 | The company is updating their video and extending campaign. | sec.gov |
| May 4, 2018 | Amendment | $9,991 | $106,992 | July 2, 2018 | The company is updating their video. | sec.gov |
| March 26, 2018 | Amendment | $9,991 | $106,992 | July 2, 2018 | The company is extending their offering and has added their 2017 financial statements. | sec.gov |
| March 16, 2018 | Offering | $9,991 | $106,992 | April 30, 2018 | sec.gov |
Updated May 22, 2019. 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.