Data / Crowdfunding / Rhode Island / Rhode Islands Dressings LLC
Rhode Islands Dressings LLC: crowdfunding raise on StartEngine Capital, LLC, $9,975 to $105,000 (2018)
Rhode Islands Dressings LLC, a limited liability company in Narragansett, RI, filed a Form C with the SEC on December 26, 2018 to raise $9,975 to $105,000 in Units through StartEngine Capital, LLC. The offering closed on February 25, 2019. In its most recent fiscal year it reported $46,116 in revenue and a net loss of $40,817, with 3 employees.
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- Website
- www.riorganics.com
- Funding portal
- StartEngine Capital, LLC
- Address
- PO BOX 539, Narragansett, RI 02882
- Legal form
- Limited Liability Company
- Jurisdiction
- RI
- Incorporated
- February 13, 2012
- SEC CIK
- 0001750335
Offering terms
From the amendment filed December 26, 2018.
- Security
- Units
- Price
- $105.00
- Target
- $9,975
- Maximum
- $105,000
- Deadline
- February 25, 2019
- Portal compensation
- 6 percent
Financials
From the Form C-U filed September 12, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $46,116 | $31,572 | sec.gov |
| Cost of goods sold | $33,630 | $17,528 | sec.gov |
| Net income | $-40,817 | $-11,661 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $22,981 | $2,936 | sec.gov |
| Cash | $948 | $600 | sec.gov |
| Accounts receivable | $3,914 | $507 | sec.gov |
| Short-term debt | $21,680 | $11,750 | sec.gov |
| Long-term debt | $68,091 | $17,158 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| June 5, 2020 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| September 12, 2019 | Progress update | $9,975 | $105,000 | February 25, 2019 | At the close of the offering, the issuer closed on $23,310 and 226 number of securities. | sec.gov |
| April 30, 2019 | Annual report | Not listed | Not listed | sec.gov | ||
| December 26, 2018 | Amendment | $9,975 | $105,000 | February 25, 2019 | Issuer is extending the length of their campaign by 60 days. | sec.gov |
| September 27, 2018 | Offering | $9,975 | $105,000 | December 27, 2018 | sec.gov |
Updated June 5, 2020. 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.