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Silicon Prairie Online
Equity – Preferred
$40,000,000
07/16/2022
Englewood, Colorado
Business Services, Software, & Applications
EnterpriseTech
Lumenco, with a valuation of $40 million, is raising funds on Silicon Prairie Online. The company is launching various patented technologies in different industries commercially. The flagship technology of Lumenco is its patented micro lens anti-counterfeiting technology being launched in currencies throughout the world. Lumenco works only in the protected IP space and has partnered with some of the largest banknote companies in the world. Mark Raymond founded Lumenco in April 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used for IP protection, marketing, and commercializing EMI shielding.
Summary Profit and Loss Statement
|
Revenue |
$1,955,789 |
$0 |
|
COGS |
$175,123 |
$206,733 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
||
|
Net Income |
$-149,956 |
$0 |
Summary Balance Sheet
|
Cash |
$333,628 |
$74,224 |
|
Accounts Receivable |
$44,367 |
$214,845 |
|
Total Assets |
$489,019 |
$397,111 |
|
Short-Term Debt |
$888,787 |
$653,133 |
|
Long-Term Debt |
$408,784 |
$539,532 |
|
Total Liabilities |
$1,297,571 |
$1,192,665 |
Financials as of: 07/15/2022
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