Data / Crowdfunding / Illinois / LIL BUCKS LLC
LIL BUCKS LLC: crowdfunding raise on OpenDeal Portal LLC, $25,000 to $250,000 (2020)
LIL BUCKS LLC, a limited liability company in Trout Valley, IL, filed a Form C with the SEC on December 23, 2020 to raise $25,000 to $250,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 22, 2021. In its most recent fiscal year it reported $127,067 in revenue and a net loss of $205,503, with 3 employees.
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- Website
- www.lovelilbucks.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 72 BLUFF ROAD, Trout Valley, IL 60013
- Legal form
- Limited Liability Company
- Jurisdiction
- IL
- Incorporated
- March 6, 2018
- SEC CIK
- 0001831643
Offering terms
From the offering filed December 23, 2020.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $25,000
- Maximum
- $250,000
- Deadline
- April 22, 2021
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of six percent (6%) of the amount raised in the offering to the intermediary.
Financials
From the Form C-AR filed May 26, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $127,067 | $35,522 | sec.gov |
| Cost of goods sold | $108,387 | $28,305 | sec.gov |
| Net income | $-205,503 | $-46,919 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $78,782 | $219,760 | sec.gov |
| Cash | $15,878 | $191,592 | sec.gov |
| Accounts receivable | $1,331 | $938 | sec.gov |
| Short-term debt | $26,561 | $11,528 | sec.gov |
| Long-term debt | $287,228 | $230,950 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 22, 2022 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 26, 2021 | Annual report | Not listed | Not listed | sec.gov | ||
| April 26, 2021 | Progress update | $25,000 | $250,000 | April 22, 2021 | The Offering closed successfully on April 23, 2021, having received investment commitments of $155,064, although a final accounting has not taken place. | sec.gov |
| December 23, 2020 | Offering | $25,000 | $250,000 | April 22, 2021 | sec.gov |
Updated April 22, 2022. 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.