Black Point Seafood, LLC

Black Point Seafood, LLC logo via Clearbit

Profile

According to their SEC filings, Black Point Seafood, LLC is a Limited Liability Company organized in ME on 09-02-2016. They report having 1 employee(s), and revenue in their most-recent fiscal year of $3,389,962.00 and $3,143,141.00 the prior year.

Location

392 FORE STREET

3RD FLOOR

PORTLAND, ME 04101

Equity Crowdfunding Campaigns

Reg CF Offering from Black Point Seafood, LLC (Previous)

Campaign Details

According to their SEC filings, Black Point Seafood, LLC previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $1,000,000.00) in Preferred Stock via SI SECURITIES, LLC (SeedInvest) before a deadline of 10-19-2018.

As compensation for managing the offering, SI SECURITIES, LLC (SeedInvest) reported being compensated as follows:

7.5% of the amount raised

In addition to any direct compensation, Black Point Seafood, LLC reported that SI SECURITIES, LLC (SeedInvest) would also receive the following financial interest in the offering:

SI Securities will receive equity compensation equal to 5% of the number of securities sold.

Black Point Seafood, LLC filed the following progress report with the SEC at the end of their campaign:

The issuer raised approximately $200,000 during the offering period. Payments are still being processed; the exact amount has yet to be determined.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $3,389,962.00 $3,143,141.00
Cost of Goods Sold $2,599,456.00 $2,283,720.00
Taxes Paid $0.00 $0.00
Net Income $-367,154.00 $-143,751.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $161,446.00 $362,688.00
Accounts Receivable $136,500.00 $133,659.00
Short-term Debt $960,129.00 $848,328.00
Long-term Debt $400,000.00 $274,933.00

Complete Reg CF filings list for Black Point Seafood, LLC

  • [2018-10-22T12:43:23+00:00] Black Point Seafood, LLC filed a fundraising progress report (Form C-U) with the following update: "The issuer raised approximately $200,000 during the offering period. Payments are still being processed; the exact amount has yet to be determined."

    File number: 020-24606

  • New Filing Form C

    [2018-08-22T12:11:55+00:00] Black Point Seafood, LLC filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $1,000,000.00) of Preferred Stock via SI SECURITIES, LLC (SeedInvest).

    File number: 020-24606