Data / Crowdfunding / Virginia / Precise Portions, LLC
Precise Portions, LLC: crowdfunding raise on Wefunder Portal LLC, $160,000 to $1,070,000 (2018)
Precise Portions, LLC, a limited liability company in Henrico, VA, filed a Form C with the SEC on August 13, 2018 to raise $160,000 to $1,070,000 in Simple Agreement for Future Equity (SAFE) through Wefunder Portal LLC. The offering closed on February 6, 2019. In its most recent fiscal year it reported $351,383 in revenue and a net loss of $145,241, with 2 employees.
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- Website
- www.PrecisePortions.com
- Funding portal
- Wefunder Portal LLC
- Address
- 3621 Favero Road, Henrico, VA 23233
- Legal form
- Limited Liability Company
- Jurisdiction
- DE
- Incorporated
- May 21, 2004
- SEC CIK
- 0001740126
Offering terms
From the offering filed August 13, 2018.
- Security
- Simple Agreement for Future Equity (SAFE)
- Price
- $1.00
- Target
- $160,000
- Maximum
- $1,070,000
- Deadline
- February 6, 2019
- Portal compensation
- 5.0% 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 filed August 13, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $351,383 | $479,821 | sec.gov |
| Cost of goods sold | $216,135 | $188,696 | sec.gov |
| Net income | $-145,241 | $-18,396 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $144,974 | $296,995 | sec.gov |
| Cash | $7,043 | $1,146 | sec.gov |
| Accounts receivable | $23,244 | $77,556 | sec.gov |
| Short-term debt | $597,382 | $576,590 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 13, 2018 | Offering | $160,000 | $1,070,000 | February 6, 2019 | sec.gov |
Updated August 13, 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.