Data / Crowdfunding / New York / Mi Ola, Inc
Mi Ola, Inc: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $100,000 (2017)
Mi Ola, Inc, a corporation in Breezy Point, NY, filed a Form C with the SEC on October 27, 2017 to raise $10,000 to $100,000 in Safe through StartEngine Capital, LLC. The offering closed on January 26, 2018. In its most recent fiscal year it reported $122,540 in revenue and a net loss of $315,503, with 3 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.mi-ola.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 21 ATLANTIC WALK, Breezy Point, NY 11697
- Legal form
- Corporation
- Jurisdiction
- NY
- Incorporated
- January 25, 2012
- SEC CIK
- 0001671112
Offering terms
From the amendment filed October 27, 2017.
- Security
- Safe
- Price
- $1.00
- Target
- $10,000
- Maximum
- $100,000
- Deadline
- January 26, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-AR filed April 30, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $122,540 | $117,921 | sec.gov |
| Cost of goods sold | $56,890 | $62,854 | sec.gov |
| Net income | $-315,503 | $-330,953 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $66,460 | $71,147 | sec.gov |
| Cash | $61,838 | $24,882 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $1,841 | sec.gov |
| Long-term debt | $1,495,594 | $1,184,192 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| January 29, 2018 | Progress update | $10,000 | $100,000 | January 26, 2018 | At the close of the offering, the amount closed on is $78,600.00 and 78,600 number of securities sold, final amount subject to change pending final receipt of committed investments. | sec.gov |
| October 27, 2017 | Amendment | $10,000 | $100,000 | January 26, 2018 | The company is filing an extension for their crowdfunding campaign until January 26, 2018. | sec.gov |
| October 5, 2017 | Amendment | $10,000 | $100,000 | October 30, 2017 | Annual report clarification | sec.gov |
| September 1, 2017 | Amendment | $10,000 | $100,000 | October 30, 2017 | Issuer has extended the end date of their campaign 60 days. | sec.gov |
| August 1, 2017 | Amendment | $10,000 | $100,000 | August 31, 2017 | To include additional information with respect to previous tax returns. | sec.gov |
| June 29, 2017 | Amendment | $10,000 | $100,000 | August 31, 2017 | Annual Filing Clarification | sec.gov |
| June 19, 2017 | Amendment | $10,000 | $100,000 | August 31, 2017 | Issuer is extending the end date and updating the offering terms with new minimum investor amount and perk levels. | sec.gov |
| April 21, 2017 | Offering | $10,000 | $100,000 | June 19, 2017 | sec.gov |
Updated April 30, 2018. 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.