Stemless Co.

Stemless Co. logo via Clearbit

Profile

According to their SEC filings, Stemless Co. is a Corporation organized in DE on 09-28-2015. They report having 5 employee(s), and revenue in their most-recent fiscal year of $7,113.00 and $0.00 the prior year.

Company Description

"Easiest way to order weed from your local dispensaries"

Website: http://www.stemless.co

Sector: Information Technology

Industry: Internet Software & Services

Twitter: StemlessCo

LinkedIn: stemless

Location

9400 SW MILLEN DRIVE

TIGARD, OR 97224

Equity Crowdfunding Campaigns

Reg CF Offering from Stemless Co. (Previous)

Campaign Details

According to their SEC filings, Stemless Co. previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $300,000.00) in Debt via SI SECURITIES, LLC (SeedInvest) before a deadline of 11-17-2017.

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

SI Securities, LLC will receive a 7.5% cash commission on all sales through the broker-dealer and $10,000 (e.g., $7,500 cash and $10,000 on a raise of $100,00).

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

The intermediary will acquire a convertible note for the issuer valued at 7.5% of the amount raised through SI Securities, LLC.

Stemless Co. filed the following progress report with the SEC at the end of their campaign:

$255,000 is our best estimate for the total amount of securities that will be 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 $7,113.00 $0.00
Cost of Goods Sold $5,801.00 $0.00
Taxes Paid $0.00 $0.00
Net Income $-20,288.00 $-5,252.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $18,212.00 $0.00
Accounts Receivable $0.00 $0.00
Short-term Debt $0.00 $0.00
Long-term Debt $0.00 $0.00

Complete Reg CF filings list for Stemless Co.

  • [2017-11-30T10:19:03+00:00] Stemless Co. filed a fundraising progress report (Form C-U) with the following update: "$255,000 is our best estimate for the total amount of securities that will be sold."

    File number: 020-23594

  • [2017-09-18T11:05:59+00:00] Stemless Co. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via SI SECURITIES, LLC (SeedInvest). The nature of the amendment was described as follows:

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    File number: 020-23594

  • New Filing Form C

    [2017-09-18T06:30:03+00:00] Stemless Co. filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $300,000.00) of Debt via SI SECURITIES, LLC (SeedInvest).

    File number: 020-23594