Data / Crowdfunding / Massachusetts / Pitch Media Group, Inc.
Pitch Media Group, Inc.: crowdfunding raise on MICROVENTURE MARKETPLACE INC., $25,000 to $1,000,000 (2024)
Pitch Media Group, Inc., a corporation in Winchester, MA, filed a Form C with the SEC on January 31, 2024 to raise $25,000 to $1,000,000 in CROWD NOTE through MICROVENTURE MARKETPLACE INC.. The offering closed on April 29, 2024. In its most recent fiscal year it reported $4,951,999 in revenue and $488,645 in net income, with 14 employees.
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- Website
- www.pmglearning.com
- Funding portal
- MICROVENTURE MARKETPLACE INC.
- Address
- 165 WASHINGTON ST. SUITE 202, Winchester, MA 01890
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- January 16, 2014
- SEC CIK
- 0002007809
Offering terms
From the offering filed January 31, 2024.
- Security
- CROWD NOTE
- Price
- $1.00
- Target
- $25,000
- Maximum
- $1,000,000
- Deadline
- April 29, 2024
- Portal compensation
- THE INTERMEDIARY SHALL RECEIVE A FEE CONSISTING OF FIVE PERCENT (5%) COMMISSION BASED ON THE AMOUNT OF INVESTMENTS RAISED IN THE OFFERING AND PAID UPON DISBURSEMENT OF FUNDS FROM ESCROW AT THE TIME OF CLOSING.
Financials
From the Form C-U filed May 2, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $4,951,999 | $2,933,655 | sec.gov |
| Cost of goods sold | $2,941,993 | $1,918,952 | sec.gov |
| Net income | $488,645 | $463,255 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $4,082,946 | $2,227,086 | sec.gov |
| Cash | $11,772 | $68,261 | sec.gov |
| Accounts receivable | $1,719,849 | $398,388 | sec.gov |
| Short-term debt | $2,462,081 | $1,216,682 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2024 | Progress update | $25,000 | $1,000,000 | April 29, 2024 | DID NOT MEET OFFERING MINIMUM; FUNDS BEING RETURNED TO INVESTORS. | sec.gov |
| January 31, 2024 | Offering | $25,000 | $1,000,000 | April 29, 2024 | sec.gov |
Updated May 2, 2024. 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.