United States Securities and Exchange Commission · EDGAR Accession 0002068524-25-000001

Form C

Offering Statement — Regulation Crowdfunding
Issuer CIK 2068524
Raising via PicMii Crowdfunding LLC

Foreland Refining Corp

CorporationTXIncorporated 1998WOODS CROSS, UTforelandrefinery.skyquarry.com
A

The Offering

as disclosed in this filing
Other (Series A 10% Redeemable Preferred Stock)
$100.00
$10,000
$1,235,000
September 30, 2025
Expired 257 days ago
$0max $1,235,000

Target is 1% of the maximum. Over-subscriptions accepted.

B

Financial Condition

two fiscal years, as filed
Revenue −54% YoYBurn increasingDebt / assets 120%20 employees
Line itemMost recent FYPrior FYΔ
Revenue23,364,18850,731,283▼ 54%
Cost of goods sold24,900,95748,551,025▼ 49%
Net income(6,908,688)(515,811)▼ burn
Total assets14,750,55518,389,502▼ 20%
Cash & equivalents8,3772,808▲ 198%
Accounts receivable1,123,8973,517,469▼ 68%
Short-term debt9,388,69311,383,474▼ 18%
Long-term debt8,258,3452,993,823▲ 176%
Taxes paid00

Figures in USD as reported by the issuer. Securities offered in all 50 states.