Data / Crowdfunding / Utah / Truth & Treason LLC
Truth & Treason LLC: crowdfunding raise on VAS Portal, LLC, $100,000 to $4,395,000 (2023)
Truth & Treason LLC, a limited liability company in Provo, UT, filed a Form C with the SEC on June 6, 2023 to raise $100,000 to $4,395,000 in preferred stock through VAS Portal, LLC. The offering closed on June 28, 2023. In its most recent fiscal year it reported $3,138,640 in revenue and a net loss of $1,835,597, with 2 employees.
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- Website
- www.truthandtreason.com
- Funding portal
- VAS Portal, LLC
- Address
- 15 NORTH 100 EAST STE 200, Provo, UT 84606
- Legal form
- Limited Liability Company
- Jurisdiction
- UT
- Incorporated
- February 27, 2017
- SEC CIK
- 0001391267
Offering terms
From the offering filed June 6, 2023.
- Security
- Preferred Stock
- Price
- $1.00
- Target
- $100,000
- Maximum
- $4,395,000
- Deadline
- June 28, 2023
- Portal compensation
- 5% of the amount actually raised for the first $400,000 raised and 3% for all additional funds raised, to be paid in cash, and reimbursement for any expenses incurred by the intermediary for third-party service providers in connection with the offering.
Financials
From the Form C-AR filed April 8, 2026.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $3,138,640 | $24,268 | sec.gov |
| Cost of goods sold | $4,933,231 | $74,340 | sec.gov |
| Net income | $-1,835,597 | $-50,012 | sec.gov |
| Taxes paid | $0 | $100 | sec.gov |
| Total assets | $4,430,159 | $7,278,529 | sec.gov |
| Cash | $331,810 | $443,167 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $1,575,836 | $1,021,942 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 8, 2026 | Annual report | Not listed | Not listed | sec.gov | ||
| May 1, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| May 3, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| June 6, 2023 | Offering | $100,000 | $4,395,000 | June 28, 2023 | sec.gov | |
| May 19, 2023 | Annual report, amended | Not listed | Not listed | sec.gov | ||
| May 1, 2023 | Annual report | Not listed | Not listed | sec.gov | ||
| January 9, 2023 | Progress update | $500,000 | $5,000,000 | November 22, 2022 | This is an update to list the total amount sold in the offering. The total raised was $604,755. | sec.gov |
| November 21, 2022 | Amendment | $500,000 | $5,000,000 | November 22, 2022 | A previously filed version of this Form C listed HBO's John Adams as a credit the creative team, and specifically Gary Tuck, had worked on. This was an error and is being adjusted above to reflect this, this represents the most recent and accurate version. | sec.gov |
| October 25, 2022 | Amendment | $500,000 | $5,000,000 | November 22, 2022 | Failed to attach Subscription agreement in original filing. Attaching now. | sec.gov |
| October 25, 2022 | Offering | $500,000 | $5,000,000 | November 22, 2022 | sec.gov |
Updated April 8, 2026. 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.