Form D · Other Banking and Financial Services

DIGITAL PROCESSING SOLUTIONS INC

Melville, NY · CIK 0001422405

Offering snapshot reported Sep 27, 2010 · SEC filing

Reported sold
$1.38M
Offering amount: $5M
Investors reported
117
Form D · investor count
Minimum accepted
$1K
Reported outside-investor minimum
First sale
Dec 7, 2007
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$688K$1.38MMar 11, 2009: $675,500.00Mar 11, 2009Sep 27, 2010: $1,376,050.00Sep 27, 2010

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$675,500 → $1,376,050

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Sep 27, 2010Amendment$1,376,050$700,550vs Mar 11, 2009117SEC filing
Mar 11, 2009Amendment$675,500No comparisonNot reportedSEC filing
Dec 26, 2007PaperNot reportedNo comparisonNot reportedSEC filing

Offering details

Securities
Equity, Debt
Exemptions
06
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-112640
Michael Palmer is employed by the firm as Sales & Marketing Director and, as such, receives a salary.

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
MICHAEL PALMERNone

Source: Form D, filed Sep 27, 2010. Minimum accepted may differ from a standard advertised minimum.

Fund connections

No confirmed ADV fund connection is available for this issuer.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Keith Orlean Executive

Issuer details

Industry: Other Banking and Financial Services (See others in industry)

Address:
68 South Service Road
Melville, NY, 11747