Data / Crowdfunding / Illinois / Vibrant TV, LLC
Vibrant TV, LLC: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,000,000 (2018)
Vibrant TV, LLC, a limited liability company in Evanston, IL, filed a Form C with the SEC on January 30, 2018 to raise $10,000 to $1,000,000 in common stock through StartEngine Capital, LLC. The offering closed on March 23, 2018. In its most recent fiscal year it reported $33,880 in revenue and a net loss of $844,138, with 5 employees.
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- Website
- vibrant.tv
- Funding portal
- StartEngine Capital, LLC
- Address
- 990 GROVE STREET, SUITE 300, Evanston, IL 60201
- Legal form
- Limited Liability Company
- Jurisdiction
- IL
- Incorporated
- August 14, 2011
- SEC CIK
- 0001706022
Offering terms
From the amendment filed January 30, 2018.
- Security
- Common Stock
- Price
- $1.25
- Target
- $10,000
- Maximum
- $1,000,000
- Deadline
- March 23, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-AR filed April 30, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $33,880 | $24,792 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-844,138 | $-554,644 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $21,722 | $56,071 | sec.gov |
| Cash | $7,664 | $33,334 | sec.gov |
| Accounts receivable | $10,007 | $4,047 | sec.gov |
| Short-term debt | $809,696 | $189,209 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 30, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| March 26, 2018 | Progress update | $10,000 | $1,000,000 | March 23, 2018 | At the close of the offering, the amount closed on is $35,485.00 and 28,388 number of securities sold, final amount subject to change pending final receipt of committed investments. | sec.gov |
| January 30, 2018 | Amendment | $10,000 | $1,000,000 | March 23, 2018 | Clarified the compensation owed to the intermediary. | sec.gov |
| November 30, 2017 | Amendment | $10,000 | $1,000,000 | March 23, 2018 | Extending campaign for additional 90 days. | sec.gov |
| October 5, 2017 | Amendment | $10,000 | $1,000,000 | December 22, 2017 | Annual Report clarification | sec.gov |
| August 24, 2017 | Amendment | $10,000 | $1,000,000 | December 22, 2017 | Issuer is extending the end date of their campaign. | sec.gov |
| June 29, 2017 | Amendment | $10,000 | $1,000,000 | August 31, 2017 | Annual Report Clarification | sec.gov |
| June 9, 2017 | Offering | $10,000 | $1,000,000 | August 31, 2017 | sec.gov |
Updated April 30, 2018. 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.