Data / Crowdfunding / California / NAPA VALLEY LIMONCELLO COMPANY, LLC
NAPA VALLEY LIMONCELLO COMPANY, LLC: crowdfunding raise on First Democracy VC, $50,000 to $1,070,000 (2017)
NAPA VALLEY LIMONCELLO COMPANY, LLC, a limited liability company in Napa, CA, filed a Form C with the SEC on July 28, 2017 to raise $50,000 to $1,070,000 in Promissory Notes (Revenue Sharing Interests) through First Democracy VC. The offering closed on August 14, 2017. In its most recent fiscal year it reported $2,077,557 in revenue and $88,628 in net income, with 14 employees.
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- Website
- www.napadistillery.com
- Funding portal
- First Democracy VC
- Address
- 2485 STOCKTON STEET, Napa, CA 94559
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- February 13, 2009
- SEC CIK
- 0001557286
Offering terms
From the amendment filed July 28, 2017.
- Security
- Promissory Notes (Revenue Sharing Interests)
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- August 14, 2017
- Portal compensation
- 7.0%
Financials
From the Form C-AR filed December 12, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $2,077,557 | $1,805,523 | sec.gov |
| Cost of goods sold | $963,065 | $577,607 | sec.gov |
| Net income | $88,628 | $263,658 | sec.gov |
| Taxes paid | $95,541 | $68,029 | sec.gov |
| Total assets | $5,802,673 | $773,783 | sec.gov |
| Cash | $410,460 | $105,909 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $255,400 | $179,686 | sec.gov |
| Long-term debt | $165,000 | $166,314 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 12, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| August 30, 2017 | Progress update | $50,000 | $1,070,000 | August 14, 2017 | $722,978 in investments. Payments are still being processed; final number is yet to be determined. | sec.gov |
| July 28, 2017 | Amendment | $50,000 | $1,070,000 | August 14, 2017 | Updating the Form C to reflect the stated price of securities being offered. Updating the Offering Statements to reflect the target amount and target date for the offering. | sec.gov |
| July 19, 2017 | Amendment | $50,000 | $1,000,000 | August 17, 2017 | Amendment to include the webinar transcript. | sec.gov |
| July 12, 2017 | Amendment | $50,000 | $1,000,000 | August 17, 2017 | Amendment to include the webinar transcript. | sec.gov |
| June 9, 2017 | Offering | $50,000 | $1,000,000 | August 17, 2017 | sec.gov |
Updated December 12, 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.