Double Toasted 2nd Channel Drop LLC
Regulation Crowdfunding offering on GigaStar · Form C filed September 14, 2026 · Sheridan, Wyoming
Double Toasted 2nd Channel Drop LLC is a Wyoming LLC formed August 31, 2026, whose sole business is to sell revenue-sharing units in the Double Toasted YouTube channel and pay holders a share of that channel's net YouTube revenue. It is pre-operating, and all of its balance sheet items were $0 as of September 4, 2026.
Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.
Offering terms
- Security
- Revenue Sharing Units (RSUs) pursuant to Revenue Sharing Agreements executed with each investor.
- Maximum
- $130,000.00
- Price
- $65.00 per unit
- Pricing method
- Not stated
- Deadline
- October 29, 2026
- Oversubscriptions
- Accepted, first-come, first-served basis
- Intermediary
- GigaStar Portal LLC
Funding portal, SEC file 007-00380 - Intermediary fee
- At the conclusion of the offering, the Portal will receive a fee equal to ten percent (10%) of the amount raised in the offering.
- Intermediary equity
- None
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $0 | $0 |
| Cost of goods sold | $0 | $0 |
| Net income (loss) | $0 | $0 |
| Total assets | $0 | $0 |
| Cash and equivalents | $0 | $0 |
| Accounts receivable | $0 | $0 |
| Short-term debt | $0 | $0 |
| Long-term debt | $0 | $0 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 1 employees. Offered in 52 states.
Use of proceeds
At the $130,000 maximum, $13,000 goes to commissions, leaving $117,000 net to the issuer, which the filing says will be used to pay the creator for the revenue-sharing units and the commissions.
Valuation
Price of $65 per revenue-sharing unit, which the filing says is about 6.30 times annualized net YouTube revenue for August 2025 to July 2026; the filing attributes $1,300,000 to the channel's YouTube revenue solely for this offering. Pre-money valuation, valuation cap, discount and interest rate are not stated.
Prior raises
One prior Channel Drop closed July 4, 2024, conducted by affiliate Double Toasted Channel Drop LLC, which sold $71,082 of revenue-sharing units representing 5.4% of channel net YouTube revenue.
Financial statements
Reviewed, not audited, by Terrence R. Gray, CPA of Georgetown, Texas; the review report is dated September 8, 2026 and covers inception (August 31, 2026) through September 4, 2026, with all statement items at zero.