Data / Crowdfunding / Pennsylvania / Selective Dining, Inc.
Selective Dining, Inc.: crowdfunding raise on Honeycomb Portal LLC, $30,000 to $53,300 (2019)
Selective Dining, Inc., a corporation in Pittsburgh, PA, filed a Form C with the SEC on July 30, 2019 to raise $30,000 to $53,300 in debt through Honeycomb Portal LLC. The offering closed on September 30, 2019. In its most recent fiscal year it reported $787,345 in revenue and a net loss of $1,448, with 6 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
- www.KIINPGH.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 5846 FORBES AVE, Pittsburgh, PA 15217
- Legal form
- Corporation
- Jurisdiction
- PA
- Incorporated
- December 10, 2003
- SEC CIK
- 0001781828
Offering terms
From the offering filed July 30, 2019.
- Security
- Debt
- Price
- $1.00
- Target
- $30,000
- Maximum
- $53,300
- Deadline
- September 30, 2019
- Portal compensation
- If total amount raised is between $30K-$49,999, the fee will be 7% of the total offering. If the total amount raised is $50K+, the fee will be 6% of the total offering. Also, 2.85% per investment (capped @ $37.25) and a $250 posting fee
Financials
From the Form C-U filed October 17, 2019.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $787,345 | $879,737 | sec.gov |
| Cost of goods sold | $203,837 | $196,752 | sec.gov |
| Net income | $-1,448 | $-12,275 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $240,903 | $262,552 | sec.gov |
| Cash | $9,970 | $17,215 | sec.gov |
| Accounts receivable | $15,910 | $15,910 | sec.gov |
| Short-term debt | $81,471 | $80,537 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| October 17, 2019 | Progress update | $30,000 | $53,300 | September 30, 2019 | Offering successful - $33,658 total raised | sec.gov |
| July 30, 2019 | Offering | $30,000 | $53,300 | September 30, 2019 | sec.gov |
Updated October 17, 2019. 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.