Data / Crowdfunding / California / Tank Glass LLC
Tank Glass LLC: crowdfunding raise on Honeycomb Portal LLC, $15,000 to $150,000 (2021)
Tank Glass LLC, a limited liability company in Los Angeles, CA, filed a Form C with the SEC on October 6, 2021 to raise $15,000 to $150,000 in debt through Honeycomb Portal LLC. The offering closed on October 30, 2021. In its most recent fiscal year it reported $352,758 in revenue and a net loss of $27,854, with 1 employees.
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- Website
- tankglass.com
- Funding portal
- Honeycomb Portal LLC
- Address
- 907 WESTWOOD BLVD SUITE 406, Los Angeles, CA 90024
- Legal form
- Limited Liability Company
- Jurisdiction
- CA
- Incorporated
- August 24, 2017
- SEC CIK
- 0001886169
Offering terms
From the amendment filed October 6, 2021.
- Security
- Debt
- Price
- $1.00
- Target
- $15,000
- Maximum
- $150,000
- Deadline
- October 30, 2021
- Portal compensation
- Applied at marginal rate based upon amount of total offering: up to$50,000 = 8.0%, $50,001 - $100,000 = 7.0%, $100,001+ = 6.0%. $250 posting fee. 2.85% investment fee capped at $37.25.
Financials
From the Form C-AR filed May 16, 2022.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $352,758 | $546,561 | sec.gov |
| Cost of goods sold | $255,826 | $328,527 | sec.gov |
| Net income | $-27,854 | $102,692 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $37,386 | $77,186 | sec.gov |
| Cash | $10,152 | $77,186 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $12,488 | $0 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 16, 2022 | Annual report | Not listed | Not listed | sec.gov | ||
| November 16, 2021 | Progress update | $15,000 | $150,000 | October 30, 2021 | Total raised $15,808 | sec.gov |
| October 6, 2021 | Amendment | $15,000 | $150,000 | October 30, 2021 | Added business address | sec.gov |
| October 4, 2021 | Offering | $15,000 | $150,000 | October 30, 2021 | sec.gov |
Updated May 16, 2022. 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.