Form D · Oil and Gas
FSEC1-1 LLC
Dallas, TX · CIK 0001395837
Offering snapshot reported Mar 6, 2013 · SEC filing
- Reported sold
- $0 Offering amount: $15.2M
- Investors reported
- 0 Form D · investor count
- Minimum accepted
- $25K Reported outside-investor minimum
- First sale
- Jun 21, 2012 As reported in this filing
Fundraising history
Reported soldDates 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$1,250,000 → $0
- Reported investors3 → 0
- Minimum accepted$250,000 → $25,000
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Mar 6, 2013 | Amendment | $0 | -$1,250,000vs Jul 17, 2012 | 0 | SEC filing |
| Jul 17, 2012 | Amendment | $1,250,000 | No comparison | 3 | SEC filing |
| Jun 13, 2012 | Initial | Yet to sell | No comparison | 0 | SEC filing |
| Mar 23, 2009 | Initial | Yet to sell | No comparison | Not reported | SEC filing |
| Apr 2, 2007 | Paper | Not reported | No comparison | Not reported | SEC filing |
Offering details
- Securities
- Other
- Exemptions
- 06
- Duration over one year
- No
- Business combination
- No
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-179639
LLC Class P Membership Interests
Source: Form D, filed Mar 6, 2013. Minimum accepted may differ from a standard advertised minimum.
Fund connections
The linked fund shows its most recently reported ADV details.
Matched by reported Form D file number
FSEC1-1, LLC
Investment adviser: BUDGE FINANCIAL INC
- Gross asset value
- $3.36M
- Beneficial owners
- 102
- ADV minimum commitment
- $250K
Reported in Form ADV on Dec 9, 2020. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- No
- Administrator other than the adviser
- No
- External marketing
- No
HAYNIE & COMPANY
PCAOB 457
Filing source
Form ADV 1462586 · Dec 9, 2020 · Schedule D 7.B.(1), fund 805-8347059388
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
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.
| Name | Reported role |
|---|---|
| Arthur N. Budge, Jr. | Promoter |
| Steve L. Collins | Promoter |
| Thomas V. Costantino | Promoter |
| 1 1 Five States Energy Capital, Llc | Promoter |
| James A. Gibbs | Promoter |
| James A G Ibbs | Executive, Promoter |
| Richard E Harrison | Executive, Promoter |
| Donald J. Malouf | Promoter |
| Gary L. Stone | Promoter |
Issuer details
Industry: Oil and Gas (See others in industry)
Address:Dallas, TX, 75206