Data / Crowdfunding / Pennsylvania / Local X Change, LLC
Local X Change, LLC: crowdfunding raise on Honeycomb Portal LLC, $10,000 to $25,000 (2018)
Local X Change, LLC, a limited liability company in Sligo, PA, filed a Form C with the SEC on April 24, 2018 to raise $10,000 to $25,000 in debt through Honeycomb Portal LLC. The offering closed on April 30, 2018. In its most recent fiscal year it reported $1,319,694 in revenue and a net loss of $5,375, with 6 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.clarionriverorganics.com/p/csa.html
- Funding portal
- Honeycomb Portal LLC
- Address
- 824 WHITMER ROAD, Sligo, PA 16255
- Legal form
- Limited Liability Company
- Jurisdiction
- PA
- Incorporated
- May 8, 2008
- SEC CIK
- 0001734991
Offering terms
From the amendment filed April 24, 2018.
- Security
- Debt
- Price
- $1.00
- Target
- $10,000
- Maximum
- $25,000
- Deadline
- April 30, 2018
- Portal compensation
- 2.0% of total offering upon a successful fundraise
Financials
From the Form C-AR filed March 29, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $1,319,694 | $1,388,239 | sec.gov |
| Cost of goods sold | $1,005,996 | $1,037,233 | sec.gov |
| Net income | $-5,375 | $67,216 | sec.gov |
| Taxes paid | $0 | $6,161 | sec.gov |
| Total assets | $132,340 | $83,968 | sec.gov |
| Cash | $8,952 | $48,053 | sec.gov |
| Accounts receivable | $65,970 | $15,740 | sec.gov |
| Short-term debt | $3,624 | $1,848 | sec.gov |
| Long-term debt | $20,798 | $160,437 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| March 29, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2018 | Progress update | $10,000 | $25,000 | April 30, 2018 | Total amount raised $25,000. | sec.gov |
| April 24, 2018 | Amendment | $10,000 | $25,000 | April 30, 2018 | Offering fully funded. Closing offering early. | sec.gov |
| March 21, 2018 | Offering | $10,000 | $25,000 | May 9, 2018 | sec.gov |
Updated April 30, 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.