Pharmaceuticals, Biotechnology & Life Sciences

LIFE RECOVERY SYSTEMS HD LLC

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, LIFE RECOVERY SYSTEMS HD LLC is a Limited Liability Company organized in LA on 06-06-2002. They report having 4.00 employees, and revenue in their most recent fiscal year of $104,330 and $237,896 the prior year.

Description:
Life Recovery Systems HD, LLC develops and markets medical devices for emergency medical care market.
Website:
www.life-recovery.com
Location:
711 KIMBALL AVE
ALEXANDRIA, LA 71301

Equity Crowdfunding Campaigns

LIFE RECOVERY SYSTEMS HD LLC does not currently have any active Reg CF crowdfunding campaigns.

Previous Crowdfunding Offering
Tuesday, November 6, 2018

LIFE RECOVERY SYSTEMS HD LLC previously ran a Reg CF crowdfunding campaign to raise a target of $9,991 via StartEngine before a deadline of 11-02-2018. They filed this progress report at the end of the offering: "At the close of the offering, the issuer closed on $86,589.36 and 9,125 number of securities." The URL for the offering was https://www.startengine.com/life-recovery-systems.

Intermediary compensation

According to the SEC filings, StartEngine was compensated as follows for this offering:

"6 percent"

In addition to any direct compensation, LIFE RECOVERY SYSTEMS HD LLC reports that StartEngine also received the following financial interest in the offering:

"N/A"

Financial Information

The following information is taken from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $104,330 $237,896 -56.1%
Cost of Goods Sold $76,515 $124,007 -38.3%
Taxes Paid $0 $0 N/A
Net Income -$230,344 -$133,512 N/A

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $198,953 $230,860 -13.8%
Cash & Cash Equivalents $1,783 $7,617 -76.6%
Accounts Receivable $0 $23,200 N/A
Short-Term Debt $159,391 $213,148 -25.2%
Long-Term Debt $3,024,616 $2,771,255 9.1%

Complete Reg CF filing activity feed