Lovewatts Media Co LLC
View this filing on EDGAR (filing index, accession 0002043144-24-000001) | All Form C filings by this company on EDGAR
Filing details
| Company | Lovewatts Media Co LLC | (Form C, issuer information) |
|---|---|---|
| State | FL | (Form C, issuer information) |
| Platform | OpenDeal Portal LLC | (Form C, issuer information) |
| Filing date | 2024-12-02 | (EDGAR filing index) |
| Date of incorporation | 2024-06-10 | (Form C, issuer information) |
| Employees | 0 | (Form C, issuer information) |
| Security offered | Other Class B Units | (Form C, offering information) |
| Price per security | $30 | (Form C, offering information) |
| Target amount | $75,000 | (Form C, offering information) |
| Maximum ask | $3,999,990 | (Form C, offering information) |
| Offering deadline | 2025-04-30 | (Form C, offering information) |
| Platform compensation | 0% of any dollar amounts raised in the Offering up to $100,000.00, and (ii) four percent (4%) of any dollar amounts raised in the Offering exceeding $100,000.01 but not exceeding $5,000,000.00 or (B) a cash fee of fifteen thousand dollars ($15,000.00). | (Form C, offering information) |
Financial summary
Figures are as entered by the company in the financial summary on the cover of its Form C. They are self-reported and unaudited, and they are not taken from the financial statements filed as exhibits to the Form C, which we do not read mechanically. Every figure in this filing's summary is 0.00. A Form C cover page requires a number in each of these fields, so 0.00 can mean the company reported zero or entered nothing, and the two cannot be told apart from the cover page. We therefore do not run the checks that would be calculated from these figures. The exhibits are the place to look. The prior fiscal year figures are all 0.00, and the date of incorporation stated in this same Form C is in 2024, so that fiscal year may precede the company.
| Item | Most recent fiscal year | Prior fiscal year | Source |
|---|---|---|---|
| Revenue | $0 | $0 | (Form C, financial summary) |
| Cost of goods sold | $0 | $0 | (Form C, financial summary) |
| Net income | $0 | $0 | (Form C, financial summary) |
| Taxes paid | $0 | $0 | (Form C, financial summary) |
| Cash and equivalents | $0 | $0 | (Form C, financial summary) |
| Accounts receivable | $0 | $0 | (Form C, financial summary) |
| Total assets | $0 | $0 | (Form C, financial summary) |
| Short-term debt | $0 | $0 | (Form C, financial summary) |
| Long-term debt | $0 | $0 | (Form C, financial summary) |
Mechanical checks that fired
- Going-concern language. Going-concern language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The quoted sentence is below. Read the auditor or accountant notes in the filing for the full context. Found in: 0002043144-24-000001, 0002043144-24-000002.
"GOING CONCERN The Company has recently commenced operations and will incur costs for its fundraising efforts to achieve sustainable operations, and the investment risk associated with an investment in the operating company in which the SPV will invest are the matters that twelve months, the Company intends to fund its operations f"
"GOING CONCERN The Company has recently commenced operations and will incur costs for its fundraising efforts to achieve sustainable operations, and the investment risk associated with an investment in the operating company in which the SPV will invest are the matters that raise substantial doubt over the Company’s ability to conti"
- Related-party language. Related-party language appears in this offering's own Form C filing or in an amendment to it, in a sentence that states it rather than ruling it out. The phrase can describe routine or unusual arrangements, so read the quoted sentence and the filing. Found in: 0002043144-24-000001, 0002043144-24-000002.
"Cohen could use his changes in control of the Issuer, issue additional securities which may dilute you, repurchase securities of the Issuer, enter into transactions with related parties or support or reject other management and board proposals that are subject to member approval. 6 We may implement new lines of business or offer new products and services within existing lines of business."
"Cohen could use his voting influence to maintain the Issuer’s existing management, delay or prevent changes in control of the Issuer, issue additional securities which may dilute you, repurchase securities of the Issuer, enter into transactions with related parties or support or reject other management and board proposals that are subject to member approval. 6 We may implement new lines of business or offer new products and services within existing lines of business."
Checks not run on this filing
These checks are arithmetic on the Form C financial summary, and every figure in this filing's summary is 0.00, which on a Form C cover page can mean zero or can mean nothing was entered. We do not run arithmetic on figures that carry no information, so these checks are not run here. That is a limit of our method and says nothing about the company either way.
- Net loss in both years
- Cash below one year of losses
- No revenue
- Debt above assets
- Maximum ask above 10x revenue
A check means "read this part of the filing closely." It is not a judgment about how the company will do.
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