Data / Crowdfunding / Florida / Live Free Foods Inc
Live Free Foods Inc: crowdfunding raise on Wefunder Portal LLC, $50,000 to $107,000 (2020)
Live Free Foods Inc, a corporation in Palm Harbor, FL, filed a Form C with the SEC on February 14, 2020 to raise $50,000 to $107,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on May 15, 2020. In its most recent fiscal year it reported $37,204 in revenue and a net loss of $32,387, with 2 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.eatlivefree.com
- Funding portal
- Wefunder Portal LLC
- Address
- 35246 US Hwy 19 N Unit 151, Palm Harbor, FL 34684
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- July 17, 2017
- SEC CIK
- 0001802404
Offering terms
From the offering filed February 14, 2020.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $107,000
- Deadline
- May 15, 2020
- Portal compensation
- 7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C filed February 14, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $37,204 | $50,553 | sec.gov |
| Cost of goods sold | $25,450 | $29,808 | sec.gov |
| Net income | $-32,387 | $-24,167 | sec.gov |
| Taxes paid | $24 | $0 | sec.gov |
| Total assets | $6,086 | $22,989 | sec.gov |
| Cash | $53 | $8,526 | sec.gov |
| Accounts receivable | $896 | $727 | sec.gov |
| Short-term debt | $35,213 | $20,716 | sec.gov |
| Long-term debt | $17,340 | $1,333 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 14, 2020 | Offering | $50,000 | $107,000 | May 15, 2020 | sec.gov |
Updated February 14, 2020. 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.