Here to Serve Holding Corp

Here to Serve Holding Corp

Closed: Nov. 2021

About this raise

Here to Serve Holding Corp, with a pre-money valuation of $8.4 million, is raising crowdfunding on TruCrowd. The company acquires undervalued nickel assets and prepares them for price appreciation. It has 177 mining claims in the nickel-rich Timmins Mining Camp in Canada. Paul Riss founded Here to Serve Holding Corp in 1983. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used towards exploration and research, operating expenses, travel, salaries, drilling costs, and legal fees. Here to Serve Holding Corp is publicly traded on the OTC markets and is already profitable.

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Investment Overview

Invested this round: $16,514

Deal Terms

Total Commitments ($USD)

Platform
truCrowd
Start Date
02/04/2021
Close Date
11/30/2021
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$120

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.12

Pre-Money Valuation

$8,400,000

Company & Team

Company

Year Founded
1983
Industry
Energy, Power, & Natural Resources
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Rye Brook, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Paul Riss
Title
CEO

Financials

 Revenue
$559,829
 Monthly Burn
Profitable
 Cash on Hand
$69,731
Gross Margin
93%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$559,829

$0

COGS

$40,657

$0

Tax

$0

$0

 

 

Net Income

$335,587

$-586,733

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$69,731

$4,576

Accounts Receivable

$5,425

$29,996

Total Assets

$671,133

$34,572

Short-Term Debt

$35,671

$13,020

Long-Term Debt

$107,952

$0

Total Liabilities

$143,623

$13,020

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/30/2021 truCrowd $8,400,000 $16,514 Equity - Common Funded RegCF
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Here to Serve Holding Corp on TruCrowd
Platform: truCrowd
Security Type: Equity - Common
Valuation: $8,400,000
Price per Share: $0.12

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Warning: according to the close date for this deal, Here to Serve Holding Corp may no longer be accepting investments.

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