Shark Wheel LLC

Shark Wheel LLC logo via Clearbit

Profile

According to their SEC filings, Shark Wheel LLC is a Limited Liability Company organized in CA on 10-24-2012. They report having 11 employee(s), and revenue in their most-recent fiscal year of $708,820.00 and $541,696.00 the prior year.

Company Description

"We reinvented the wheel. Literally. Shark Wheel is the world's first and only High Friction/Low Friction Wheel, meaning it can roll seamlessly between hard and soft surfaces. Also, the patented wave-like geometry allows for superior high speed stabilit..."

Website: http://www.sharkwheel.com

Sector: Information Technology

Industry: Internet Software & Services

Twitter: SharkWheelSkate

Facebook: sharkwheel

LinkedIn: shark-wheel

Location

22600 LAMBERT ST

704-A

LAKE FOREST, CA 92630

Equity Crowdfunding Campaigns

Reg CF Offering from Shark Wheel LLC (Previous)

Campaign Details

According to their SEC filings, Shark Wheel LLC previously ran a Regulation Crowdfunding campaign to raise $10,000.00 (up to a maximum of $1,000,000.00) in Common Stock via StartEngine before a deadline of 11-03-2017.

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

5 percent

In addition to any direct compensation, Shark Wheel LLC reported that StartEngine would also receive the following financial interest in the offering:

N/A

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

At the end of the offering, the issuer closed on $627,728 and 627,728 securities sold.

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 $708,820.00 $541,696.00
Cost of Goods Sold $313,314.00 $298,469.00
Taxes Paid $15,652.00 $6,191.00
Net Income $-534,910.00 $-378,560.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $233,640.00 $74,956.00
Accounts Receivable $4,138.00 $7,797.00
Short-term Debt $55,369.00 $840,590.00
Long-term Debt $0.00 $0.00

Complete Reg CF filings list for Shark Wheel LLC

  • [2018-06-27T15:08:01+00:00] Shark Wheel LLC filed a fundraising progress report (Form C-U) with the following update: "At the end of the offering, the issuer closed on $627,728 and 627,728 securities sold."

    File number: 020-23477

  • [2018-04-30T15:26:18+00:00] Shark Wheel LLC filed a Form C-AR/A.

    File number: 020-23477

  • [2018-04-26T14:54:00+00:00] Shark Wheel LLC filed a Form C-AR.

    File number: 020-23477

  • [2017-11-13T14:49:54+00:00] Shark Wheel LLC filed a fundraising progress report (Form C-U) with the following update: "At the end of the offering, the issuer closed on $627,728 and 627,728 securities sold."

    File number: 020-23477

  • [2017-10-16T11:48:06+00:00] Shark Wheel LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $10,000.00 via StartEngine. The nature of the amendment was described as follows:

    Extending the end date of the offering.

    File number: 020-23477

  • [2017-10-03T20:30:41+00:00] Shark Wheel LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $10,000.00 via StartEngine. The nature of the amendment was described as follows:

    Annual Report clarification

    File number: 020-23477

  • [2017-08-02T14:30:42+00:00] Shark Wheel LLC filed an amended Form C (Form C/A) regarding their offering to raise a target of $10,000.00 via StartEngine. The nature of the amendment was described as follows:

    Issuer is increasing the offering maximum amount to $1,070,000.00. Updated financials with Independent account Review are attached in Exhibit B of the Form C Filing Document.

    File number: 020-23477

  • New Filing Form C

    [2017-07-19T19:06:40+00:00] Shark Wheel LLC filed a Form C to raise a target amount of $10,000.00 (up to a maximum of $100,000.00) of Common Stock via StartEngine.

    File number: 020-23477