Growgenics LLC

Growgenics LLC logo via Clearbit

Profile

According to their SEC filings, Growgenics LLC is a Limited Liability Company organized in RI on 05-16-2014. They report having 2 employee(s), and revenue in their most-recent fiscal year of $0.00 and $11,195.00 the prior year.

Location

5600 POST RD, STE 114-191

EAST GREENWICH, RI 02818

Equity Crowdfunding Campaigns

Reg CF Offering from Growgenics LLC (Previous)

Campaign Details

According to their SEC filings, Growgenics LLC previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $1,000,000.00) in Debt via SI SECURITIES, LLC (SeedInvest) before a deadline of 12-28-2018.

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, Growgenics 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.

Growgenics LLC filed the following progress report with the SEC at the end of their campaign:

The issuer raised approximately $300,000 during the offering period. Payment 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 $0.00 $11,195.00
Cost of Goods Sold $0.00 $0.00
Taxes Paid $450.00 $156.00
Net Income $-52,799.00 $-26,926.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $74.00 $6.00
Accounts Receivable $0.00 $0.00
Short-term Debt $0.00 $0.00
Long-term Debt $45,359.00 $3,532.00

Complete Reg CF filings list for Growgenics LLC

  • [2018-12-20T14:46:24+00:00] Growgenics LLC filed a fundraising progress report (Form C-U) with the following update: "The issuer raised approximately $300,000 during the offering period. Payment are still being processed; the exact amount has yet to be determined."

    File number: 020-24837

  • New Filing Form C

    [2018-10-26T16:57:08+00:00] Growgenics LLC filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $1,000,000.00) of Debt via SI SECURITIES, LLC (SeedInvest).

    File number: 020-24837