Latest Reported Offering
$50,000
Target Amount
$1,000,000
Maximum Amount
2016-08-29
Deadline
Security Details
Type: Other
Price per share: $5,000
Price set by: 10 shares of Class B Units
Shares offered: 10+
Offering Costs
Cash commission: 3%
of the offering amount upon a successful fundraise
Equity compensation: —
No
Filing history
Form C family — 12 filings| Filed | Form | File number | Portal | What it states | What the filer said |
|---|---|---|---|---|---|
| 2019-04-24 | C-AR | 020-22843 | Wefunder | Revenue $1.9M · net income -$51.9K · 11 employees | — |
| 2018-05-01 | C-AR | 020-22843 | Wefunder | Revenue $2.1M · net income $168K · 9 employees | — |
| 2018-02-14 | C-U | 020-23036 | Wefunder | $200K target, up to $500K · Debt at $1.00 · closes 2017-08-18 | The final number is $270,788.00 in investments |
| 2017-07-28 | C/A | 020-23036 | Wefunder | $200K target, up to $500K · Debt at $1.00 · closes 2017-08-18 | Changed deadline date, included video transcripts, and updated business plan. |
| 2017-05-08 | C/A | 020-23036 | Wefunder | $200K target, up to $500K · Debt at $1.00 · closes 2017-08-30 | Included reviewed 2016 financials. Updated use of funds. Extended deadline. Updated with 2016 operating results. Corrected one figure. Updated profile. Added early bird perk. Issuer borrowed another $50k from managing member. |
| 2017-05-08 | C/A-W | 020-23036 | Wefunder | — | — |
| 2017-05-03 | C/A | 020-23036 | Wefunder | $200K target, up to $500K · Debt at $1.00 · closes 2017-08-30 | Included reviewed 2016 financials. Updated use of funds. Extended deadline. Updated with 2016 operating results. Corrected one figure. Updated profile. Added early bird perk. Issuer borrowed another $50k from managing member. |
| 2016-10-20 | C | 020-23036 | Wefunder | $200K target, up to $550K · Debt at $1.00 · closes 2017-04-18 | — |
| 2016-08-29 | C-U | 020-22843 | Wefunder | $50K target, up to $1M · Series B Units at $5,000.00 · closes 2016-08-29 | $476,851.00 in investments. Payments are still being processed; final number is yet to be determined. The deadline date was set to today to work around an EDGAR glitch but the offering actually closed on 08-17-16. |
| 2016-08-11 | C/A | 020-22843 | Wefunder | $50K target, up to $1M · Series B Units at $5,000.00 · closes 2016-08-17 | Include updated business plan, podcast transcription, and changed deadline date. |
| 2016-05-23 | C/A | 020-22843 | Wefunder | $50K target, up to $1M · Series B Units at $5,000.00 · closes 2016-11-19 | include audited financials, increase maximum offering amount, update risks, signed by another managing member |
| 2016-05-17 | C | 020-22843 | Wefunder | $50K target, up to $100K · Series B Units at $5,000.00 · closes 2016-11-12 | — |
The reported figures behind Sam Lee Laundry LLC
Form C prints a most-recent and a prior fiscal year side by side but never names them. The dashboard chains every filing into those years and plots them. EDGAR still has each Form C-AR; the dashboard lays every year they filed next to it.
- Reported financials chained into fiscal years — revenue, income, assets, cash — not one filing at a time
- A sparkline on each figure so the shape is visible before the numbers
- A revenue series dated to the filings that reported it
- The campaign as filed: target, ceiling, deadline, and the portal that ran it
- Follow it, and see it change on your watchlist
Company Information
Legal Status
Limited Liability Company
Jurisdiction
CA
Date of Incorporation
2015-01-02
Latest Metrics
Employees11
Total Assets$1,672,134
Cash on Hand$25,245
Revenues$1,884,605
Net Income-$51,890
Crowdfunding Portals
The intermediary named in this company’s Form C filings. Investments in a Regulation Crowdfunding offering can only be made through them.