Data / Crowdfunding / Texas / Possum Trot Film, LLC
Possum Trot Film, LLC: crowdfunding raise on VAS Portal, LLC, $250,000 to $5,000,000 (2024)
Possum Trot Film, LLC, a limited liability company in Nacogdoches, TX, filed a Form C with the SEC on June 25, 2024 to raise $250,000 to $5,000,000 in debt through VAS Portal, LLC. The offering closed on June 27, 2024. In its most recent fiscal year it reported $160,000 in revenue and $209,017 in net income, with 2 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
- possumtrot.peacetreeproductions.com
- Funding portal
- VAS Portal, LLC
- Address
- 704 VIRGINIA AVE, Nacogdoches, TX 75964
- Legal form
- Limited Liability Company
- Jurisdiction
- TX
- Incorporated
- October 15, 2021
- SEC CIK
- 0002023541
Offering terms
From the amendment filed June 25, 2024.
- Security
- Debt
- Price
- $1.00
- Target
- $250,000
- Maximum
- $5,000,000
- Deadline
- June 27, 2024
- Portal compensation
- Four percent (4%) of the successful amount raised in cash, plus reimbursements for any out- of-pocket expenses incurred by the portal with third-party service providers in connection with the offering.
Financials
From the Form C-U filed July 3, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $160,000 | $390,000 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $209,017 | $369,027 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $17,320,010 | $14,551,133 | sec.gov |
| Cash | $218,274 | $262,536 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $3,719,562 | $149,813 | sec.gov |
| Long-term debt | $0 | $2,877,123 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| February 14, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| July 3, 2024 | Progress update | $250,000 | $5,000,000 | June 27, 2024 | Can you file a Form C-U for the recently closed offering for SOH with 3,176,063 as the amount sold. | sec.gov |
| June 25, 2024 | Amendment | $250,000 | $5,000,000 | June 27, 2024 | The number of theaters associated with each stretch goal was modified. | sec.gov |
| June 7, 2024 | Amendment | $250,000 | $5,000,000 | June 27, 2024 | The maximum subscription amount was raised from twenty-five thousand dollars $25,000 to one hundred thousand dollars $100,000. | sec.gov |
| June 6, 2024 | Offering | $250,000 | $5,000,000 | June 27, 2024 | sec.gov |
Updated February 14, 2025. 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.