Data / Crowdfunding / California / Uni-Boil MP Inc.
Uni-Boil MP Inc.: crowdfunding raise on Mr. Crowd, $10,000 to $107,000 (2017)
Uni-Boil MP Inc., a corporation in Monterey Park, CA, filed a Form C with the SEC on December 18, 2017 to raise $10,000 to $107,000 in common stock through Mr. Crowd. The offering closed on December 27, 2017. In its most recent fiscal year it reported $952,619 in revenue and a net loss of $83,429, with 20 employees.
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- Website
- www.uniboil.com
- Funding portal
- Mr. Crowd
- Address
- 500 NORTH ATLANTIC BLVD. #127, Monterey Park, CA 91754
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- May 8, 2015
- SEC CIK
- 0001708151
Offering terms
From the amendment filed December 18, 2017.
- Security
- Common Stock
- Price
- $10.00
- Target
- $10,000
- Maximum
- $107,000
- Deadline
- December 27, 2017
- Portal compensation
- Five percent (5%) of the gross amount raised.
Financials
From the Form C-AR filed May 2, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $952,619 | $706,330 | sec.gov |
| Cost of goods sold | $254,425 | $239,713 | sec.gov |
| Net income | $-83,429 | $3,956 | sec.gov |
| Taxes paid | $187,453 | $94,862 | sec.gov |
| Total assets | $117,797 | $154,272 | sec.gov |
| Cash | $26,654 | $25,127 | sec.gov |
| Accounts receivable | $10,331 | $35,290 | sec.gov |
| Short-term debt | $30,000 | $30,000 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2019 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 2, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| January 2, 2018 | Progress update | $10,000 | $107,000 | December 27, 2017 | The issuer has sold in total 1,212 shares of its common stocks during this offering at $10.00 per share, representing an amount of $12,120. | sec.gov |
| December 18, 2017 | Amendment | $10,000 | $107,000 | December 27, 2017 | Updated the deadline of the offering to December 27, 2017 | sec.gov |
| December 18, 2017 | Progress update | $10,000 | $107,000 | December 31, 2017 | As of December 12, 2017, the Issuer has raised a total of $11,020. Payments are still being processed and the final number is yet to be determined. | sec.gov |
| December 18, 2017 | Progress update | $10,000 | $107,000 | December 31, 2017 | As of December 18, 2017, the Issuer has raised a total of $11,020. Payments are still being processed and the final number is yet to be determined. | sec.gov |
| December 12, 2017 | Amendment | $10,000 | $107,000 | December 31, 2017 | Amendments: 1) Lower the target number of securities to be offered and the target offering amount; 2) The use proceeds; 3) The Securities offered will be entitled to voting rights; 4) Offering deadline; 5) Share Subscription Agreement; | sec.gov |
| December 7, 2017 | Progress update | $15,000 | $107,000 | January 31, 2018 | As of December 1, 2017, the Issuer has raised a total of $10,000. Payments are still being processed and the final number is yet to be determined. | sec.gov |
| December 1, 2017 | Amendment | $15,000 | $107,000 | January 31, 2018 | The amendment involves: 1) Target number of securities to be offered and target offering amount; 2) The use proceeds of this offering; 3) The Securities offered will be entitled to voting rights | sec.gov |
| August 8, 2017 | Offering | $50,000 | $107,000 | January 31, 2018 | sec.gov |
Updated May 2, 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.