Crab Corner II, LLC

Crab Corner II, LLC logo via Clearbit

Profile

According to their SEC filings, Crab Corner II, LLC is a Limited Liability Company organized in NV on 09-20-2011. They report having 28 employee(s), and revenue in their most-recent fiscal year of $1,501,387.97 and $968,562.84 the prior year.

Location

6485 S. Rainbow Blvd. 104

LAS VEGAS, NV 89118

Equity Crowdfunding Campaigns

Reg CF Offering from Crab Corner II, LLC (Previous)

Campaign Details

According to their SEC filings, Crab Corner II, LLC previously ran a Regulation Crowdfunding campaign to raise $75,000.00 (up to a maximum of $100,000.00) in Debt via NextSeed before a deadline of 09-04-2018.

As compensation for managing the offering, NextSeed reported being compensated as follows:

NextSeed charges 10% of the Offering Amount; except NextSeed only charges 5% for investors referred by the Issuer.

In addition to any direct compensation, Crab Corner II, LLC reported that NextSeed would also receive the following financial interest in the offering:

None

Crab Corner II, LLC filed the following progress report with the SEC at the end of their campaign:

Issuer raised $81,600. The actual processing time to confirm the commitments may take longer than the filing deadline, and the total amount is our best estimate at this time. The actual amount may be lower.

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 $1,501,387.97 $968,562.84
Cost of Goods Sold $865,966.11 $555,992.61
Taxes Paid $14,885.00 $1,351.00
Net Income $98,155.35 $19,835.39

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $-2,051.53 $-4,749.25
Accounts Receivable $77,252.45 $45,364.15
Short-term Debt $207,160.56 $266,587.78
Long-term Debt $38,790.10 $51,000.96

Complete Reg CF filings list for Crab Corner II, LLC

  • [2018-09-11T13:55:32+00:00] Crab Corner II, LLC filed a fundraising progress report (Form C-U) with the following update: "Issuer raised $81,600. The actual processing time to confirm the commitments may take longer than the filing deadline, and the total amount is our best estimate at this time. The actual amount may be lower."

    File number: 020-24393

  • [2018-08-03T19:46:27+00:00] Crab Corner II, LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $75,000.00 via NextSeed. The nature of the amendment was described as follows:

    Updated discussion of capitalization.

    File number: 020-24393

  • New Filing Form C

    [2018-06-20T17:31:29+00:00] Crab Corner II, LLC filed a Form C to raise a target amount of $75,000.00 (up to a maximum of $100,000.00) of Debt via NextSeed.

    File number: 020-24393