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Data / Crowdfunding / Illinois / VG Smartglass LLC

VG Smartglass LLC: crowdfunding raise on crowdsourcefunded.com, $55,555 to $400,000 (2016)

VG Smartglass LLC, a limited liability company in Chicago, IL, filed a Form C with the SEC on December 16, 2016 to raise $55,555 to $400,000 in The company is a member managed LLC and is offering ownership in the form of member units. through crowdsourcefunded.com. The offering closed on March 31, 2017. In its most recent fiscal year it reported $13,838 in revenue and a net loss of $112,628, with 6 employees.

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Website
www.vgsmartglass.com
Funding portal
crowdsourcefunded.com
Address
3440 S. DEARBORN ST. STE 130S, Chicago, IL 60616
Legal form
Limited Liability Company
Jurisdiction
FL
Incorporated
May 29, 2014
SEC CIK
0001677843

Offering terms

From the amendment filed December 16, 2016.

Security
The company is a member managed LLC and is offering ownership in the form of member units.
Price
$7,777.78
Target
$55,555
Maximum
$400,000
Deadline
March 31, 2017
Portal compensation
The Intermediary Fee is 10% of actual capital raised and closed.

Financials

From the Form C/A filed December 16, 2016.

Most recent fiscal yearPrior fiscal yearSource
Revenue$13,838$0sec.gov
Cost of goods sold$11,163$0sec.gov
Net income$-112,628$-220sec.gov
Taxes paid$0$0sec.gov
Total assets$33,019$3,882sec.gov
Cash$14,093$1,779sec.gov
Accounts receivable$0$0sec.gov
Short-term debt$5,499$0sec.gov
Long-term debt$2,221$0sec.gov

Filings

FiledFilingTargetMaximumDeadlineNoteSource
December 16, 2016Amendment$55,555$400,000March 31, 2017Extend Offering period to 3/31/2017, update Business Plan, Capital Structure, Executive Biographiessec.gov
July 5, 2016Offering$55,555$400,000December 16, 2016sec.gov

All filings on sec.gov

Updated December 16, 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.