Data / Crowdfunding / California / Persistence Data Mining, Inc.
Persistence Data Mining, Inc.: crowdfunding raise on Wefunder Portal LLC, $50,000 to $1,070,000 (2021)
Persistence Data Mining, Inc., a corporation in La Jolla, CA, filed a Form C with the SEC on August 16, 2021 to raise $50,000 to $1,070,000 in Convertible Note through Wefunder Portal LLC. The offering closed on April 30, 2022. In its most recent fiscal year it reported $81,961 in revenue and a net loss of $94,416, with 8 employees.
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- Website
- www.persistencedatamining.com
- Funding portal
- Wefunder Portal LLC
- Address
- 9404 Genesee Ave., Ste. 340, La Jolla, CA 92037
- Legal form
- Corporation
- Jurisdiction
- NV
- Incorporated
- February 23, 2012
- SEC CIK
- 0001557791
Offering terms
From the amendment filed August 16, 2021.
- Security
- Convertible Note
- Price
- $1.00
- Target
- $50,000
- Maximum
- $1,070,000
- Deadline
- April 30, 2022
- Portal compensation
- 6.5% 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/A filed August 16, 2021.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $81,961 | $125,792 | sec.gov |
| Cost of goods sold | $24,802 | $28,859 | sec.gov |
| Net income | $-94,416 | $-9,109 | sec.gov |
| Taxes paid | $3,188 | $2,208 | sec.gov |
| Total assets | $93,861 | $71,256 | sec.gov |
| Cash | $22,227 | $10,152 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $326,723 | $260,609 | sec.gov |
| Long-term debt | $19,861 | $33,954 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 16, 2021 | Amendment | $50,000 | $1,070,000 | April 30, 2022 | Added a lead investor | sec.gov |
| April 20, 2021 | Amendment | $50,000 | $1,070,000 | April 30, 2022 | Added 2020 financials and extended campaign deadline | sec.gov |
| February 16, 2021 | Offering | $100,000 | $1,070,000 | April 30, 2021 | sec.gov |
Updated August 16, 2021. 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.