Form D SEC Filing: Cristal Pictures $6000 Financing. Jing Liu Published Nov 3 form

Cristal Pictures Inc. - Jing Liu

Cristal Pictures Financing

Cristal Pictures Inc., Corporation just had published form D about $6,000 equity financing. This is a new filing. Cristal Pictures was able to fundraise $6,000. That is 100.00% of the financing round. The total financing amount was $6,000. The offering form was filed on 2016-11-03. The reason for the financing was: unspecified.

Cristal Pictures is based in California. The company’s business is not disclosed. The form was submitted by Jing Liu President. The company was incorporated in 2015. The filler’s address is: 6430 W. Sunset Blvd., Suite 400, Los Angeles, Ca, California, 90028. Jing Liu is the related person in the form and it has address: 6430 W. Sunset Blvd., Suite 400, Los Angeles, Ca, California, 90028. Link to Cristal Pictures Filing: 000168967216000001.

Analysis of Cristal Pictures Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Cristal Pictures sold 100.00% of the offering. Could this mean that the trust in Cristal Pictures is high? The average fundraising size for companies in all industries in our database is $3.05 million. The offering was 99.80% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Companies raise funds for different reasons and needs. The minimum investment for this offering is set at $0. If you know more about the reasons for the fundraising, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Cristal Pictures Also

The Form D signed by Jing Liu might help Cristal Pictures Inc.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

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