Data / Crowdfunding / Minnesota / Subsector Solutions Corporation
Subsector Solutions Corporation: crowdfunding raise on Wefunder Portal LLC, $60,000 to $100,000 (2016)
Subsector Solutions Corporation, a corporation in Helena, MN, filed a Form C with the SEC on November 14, 2016 to raise $60,000 to $100,000 in debt through Wefunder Portal LLC. The offering closed on March 31, 2017. In its most recent fiscal year it reported $136,384 in revenue and a net loss of $12,796, with 5 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
- tsi.io
- Funding portal
- Wefunder Portal LLC
- Address
- 614B North Last Chance Gulch, Helena, MN 59601
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- April 4, 2016
- SEC CIK
- 0001674489
Offering terms
From the amendment filed November 14, 2016.
- Security
- Debt
- Price
- $10.00
- Target
- $60,000
- Maximum
- $100,000
- Deadline
- March 31, 2017
- Portal compensation
- 3.0% of the offering amount upon a successful fundraise.
Financials
From the Form C/A filed November 14, 2016.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $136,384 | $41,011 | sec.gov |
| Cost of goods sold | $53,267 | $25,804 | sec.gov |
| Net income | $-12,796 | $3,716 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $105,693 | $11,664 | sec.gov |
| Cash | $22,497 | $1,686 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $10,118 | $2,173 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| November 14, 2016 | Amendment | $60,000 | $100,000 | March 31, 2017 | Extend deadline date to March 31st. | sec.gov |
| May 16, 2016 | Offering | $60,000 | $100,000 | November 12, 2016 | sec.gov |
Updated November 14, 2016. 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.