Form D · Telecommunications
U.S. Local News Network, Inc.
La Jolla, CA · CIK 0001478339
Offering snapshot reported Feb 17, 2010 · SEC filing
- Reported sold
- $3.18M Offering amount: $3.52M
- Investors reported
- 18 Form D · investor count
- Minimum accepted
- $25K Reported outside-investor minimum
- First sale
- Nov 4, 2009 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$2,681,024 → $3,181,024
- Reported investors16 → 18
Filing history
Scroll to see all columns →
| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Feb 17, 2010 | Amendment | $3,181,024 | $500,000vs Dec 23, 2009 | 18 | SEC filing |
| Dec 23, 2009 | Initial | $2,681,024 | No comparison | 16 | SEC filing |
Offering details
- Securities
- Not reported
- Exemptions
- 06
- Duration over one year
- No
- Business combination
- Yes
- Sales commissions
- $0
- Finders' fees
- $0
- Form D file number
- 021-137152
$1M of the Offering Amt is Secured Convertible Promissory Notes and related Warrants, of which $335K remained unsold at the conclusion of the offering. The offering was also increased by $500K in Series A Preferred Stock.
Source: Form D, filed Feb 17, 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.
| Name | Reported role |
|---|---|
| Gary E. Jacobs | Director |
| James Jennewein | Executive |
| Ernest H. Pomerantz | Director |
| Neil R. Senturia | Director, Executive, Promoter |
Issuer details
Industry: Telecommunications (See others in industry)
Address:
2223 Avenida De La Playa Suite 120
La Jolla, CA, 92037
La Jolla, CA, 92037