Data / Crowdfunding / Texas / Mars Colony, LLC DBA Meridian Hive
Mars Colony, LLC DBA Meridian Hive: crowdfunding raise on Wefunder Portal LLC, $200,000 to $1,000,000 (2019)
Mars Colony, LLC DBA Meridian Hive, a limited liability company in Austin, TX, filed a Form C with the SEC on February 6, 2019 to raise $200,000 to $1,000,000 in Convertible Note through Wefunder Portal LLC. The offering closed on March 26, 2019. In its most recent fiscal year it reported $826,924 in revenue and a net loss of $184,200, with 9 employees.
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- Website
- www.meridianhive.com
- Funding portal
- Wefunder Portal LLC
- Address
- 8120 Exchange Dr Ste 400, Austin, TX 78754
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- June 16, 2016
- SEC CIK
- 0001751769
Offering terms
From the amendment filed February 6, 2019.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $200,000
- Maximum
- $1,000,000
- Deadline
- March 26, 2019
- Portal compensation
- 5.0% 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-AR filed June 10, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $826,924 | $617,946 | sec.gov |
| Cost of goods sold | $379,170 | $185,928 | sec.gov |
| Net income | $-184,200 | $-183,287 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $469,238 | $331,932 | sec.gov |
| Cash | $79,223 | $23,309 | sec.gov |
| Accounts receivable | $62,042 | $33,738 | sec.gov |
| Short-term debt | $125,190 | $75,156 | sec.gov |
| Long-term debt | $718,037 | $475,722 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 10, 2020 | Annual report | Not listed | Not listed | sec.gov | ||
| February 6, 2019 | Amendment | $200,000 | $1,000,000 | March 26, 2019 | Update work history for Jonathan Luers and Mike Simmons; Minor changes to use of funds | sec.gov |
| February 6, 2019 | Amendment | $200,000 | $1,000,000 | March 26, 2019 | Update work history for Jonathan Luers and Mike Simmons; Minor changes to use of funds | sec.gov |
| September 28, 2018 | Offering | $200,000 | $1,000,000 | March 26, 2019 | sec.gov |
Updated June 10, 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.