JDCPhosphate Finance Update

Jdcphosphate Financing

Jdcphosphate, Inc., Corporation just submitted form D for $4.79 million debt financing. The date of first sale was 2015-01-30. Jdcphosphate was able to fundraise $4.28 million. That is 89.47 % of the round of financing. The total offering amount was $4.79 million. The financing form was filed on 2015-12-04. The reason for the financing was: Redemption of January Notes for exchange notes with interest; Offering of up to $1,500,000 new Secured Notes convertible into Series B Convertible Junior Preferred Stock, with Warrants.. The fundraising still has about $504,144 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Jdcphosphate is based in Florida. The filler’s business is Other Energy. The form D was signed by Theodore P Fowler CEO. The company was incorporated more than five years ago. The filler’s address is: 3200 County Road 630 W, Fort Meade, Fl, Florida, 33841. Theodore P. Fowler is the related person in the form and it has address: C/O Jdcphosphate, Inc., 3200 County Road 630 W, Fort Meade, Fl, Florida, 33841. Link to Jdcphosphate Filing: 000154451215000002.
Analysis of Jdcphosphate Offering

On average, companies in the Other Energy sector, sell 65.00 % of the total offering size. Jdcphosphate sold 89.47 % of the offering. The financing is still open. Could this mean that the trust in Jdcphosphate is high? The average investment size for companies in the Other Energy industry is $1.11 million. The total amount raised is 286.80 % bigger than the average for companies in the Other Energy sector. The minimum investment for this fundraising was 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 Jdcphosphate Also

The Form D signed by Theodore P Fowler might help Jdcphosphate, 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.


Read more: http://www.octafinance.com/jdcphosphate-4-79-million-fundraising-theodore-p-fowler-submitted-dec-4-d-form/302553/#ixzz41E9fkFa

Avenira keep encouraging you to check for updates on JDCPhosphate site ,lol not sure why