Data / Crowdfunding / Michigan / Studio Iplay Inc
Studio Iplay Inc: crowdfunding raise on Honeycomb Portal LLC, $10,000 to $25,000 (2020)
Studio Iplay Inc, a limited liability company in Oak Park, MI, filed a Form C with the SEC on July 6, 2020 to raise $10,000 to $25,000 in debt through Honeycomb Portal LLC. The offering closed on August 20, 2020. In its most recent fiscal year it reported $49,830 in revenue and a net loss of $26,756, with 11 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.paintplayparty.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 21310 COOLIDGE HWY, Oak Park, MI 48237
- Legal form
- Limited Liability Company
- Jurisdiction
- MI
- Incorporated
- December 27, 2018
- SEC CIK
- 0001816024
Offering terms
From the amendment filed July 6, 2020.
- Security
- Debt
- Price
- $1.00
- Target
- $10,000
- Maximum
- $25,000
- Deadline
- August 20, 2020
- Portal compensation
- 6.0% of total offering. $100 posting fee.
Financials
From the Form C-U filed December 14, 2020.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $49,830 | $0 | sec.gov |
| Cost of goods sold | $2,616 | $0 | sec.gov |
| Net income | $-26,756 | $0 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $18,244 | $0 | sec.gov |
| Cash | $8,244 | $0 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $0 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 14, 2020 | Progress update | $10,000 | $25,000 | August 20, 2020 | Total raised $10,000 | sec.gov |
| July 6, 2020 | Amendment | $10,000 | $25,000 | August 20, 2020 | update to target end date | sec.gov |
| June 26, 2020 | Offering | $10,000 | $25,000 | August 17, 2020 | sec.gov |
Updated December 14, 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.