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 sold
Reported amount sold by Form D filing date$0$1.59M$3.18MDec 23, 2009: $2,681,024.00Dec 23, 2009Feb 17, 2010: $3,181,024.00Feb 17, 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$2,681,024 → $3,181,024
  • Reported investors16 → 18

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Feb 17, 2010Amendment$3,181,024$500,000vs Dec 23, 200918SEC filing
Dec 23, 2009Initial$2,681,024No comparison16SEC 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.

People and organizations reported in Form D filings
NameReported 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