Data / Crowdfunding / Michigan / Liquid Mining Inc
Liquid Mining Inc: crowdfunding raise on RIALTO MARKETS LLC, $1,000,000 to $5,000,000 (2022)
Liquid Mining Inc, a corporation in Pontiac, MI, filed a Form C with the SEC on December 16, 2022 to raise $1,000,000 to $5,000,000 in Convertible Callable Promissory Note through RIALTO MARKETS LLC. The offering closed on June 6, 2023. In its most recent fiscal year it reported $261,538 in revenue and a net loss of $608,910, with 1 employees.
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- Website
- liquidmining.net
- Funding portal
- RIALTO MARKETS LLC
- Address
- 48 WEST HURON STREET, Pontiac, MI 48342
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- November 15, 2021
- SEC CIK
- 0001928576
Offering terms
From the amendment filed December 16, 2022.
- Security
- Convertible Callable Promissory Note
- Target
- $1,000,000
- Maximum
- $5,000,000
- Deadline
- June 6, 2023
- Portal compensation
- At the conclusion of the offering, the issuer shall pay a fee of four percent (4%) of the amount raised in the offering to the intermediary.
Financials
From the Form C-AR filed May 1, 2023.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $261,538 | $0 | sec.gov |
| Cost of goods sold | $450,489 | $0 | sec.gov |
| Net income | $-608,910 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $3,298,675 | $0 | sec.gov |
| Cash | $306,690 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $163,134 | $0 | sec.gov |
| Long-term debt | $881,510 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 29, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| December 16, 2022 | Amendment | $1,000,000 | $5,000,000 | June 6, 2023 | The Maximum Offering Amount is raised from $3,000,000 to $5,000,000 and the minimum investment amount is lowered from $2,200 per investor to $500 per investor. | sec.gov |
| June 9, 2022 | Amendment | $1,000,000 | $3,000,000 | June 6, 2023 | The original minimum investment amount was $2,500 and the current minimum investment amount is $2,200. | sec.gov |
| June 6, 2022 | Offering | $1,000,000 | $3,000,000 | June 6, 2023 | sec.gov |
Updated April 29, 2024. 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.