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Security Type
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Other
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Categories
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Other
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Min Investment
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$250
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Offering Date
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February 13, 2020
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Expected Close Date
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April 29, 2020
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Target Raise
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$10.00K-$1.07M
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Deal Notes
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$0.47 per share
Security Name: Series Seed-NV Non-Voting Preferred
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Valuation
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$5,440,000
Company Description
ThoughtFull Toys Inc. creates engaging, durable toy cars and trucks that get kids off their devices and into hands-on, creative play.
Perks
$250+ 1 Turbo Monster Truck
$500+ 1 Turbo Monster Truck, 1 Midnight Camo Pro Car
$1,000+ 1 Modarri Transporter includes 3 Modarri Pro Cars, 1 Enduro Racer
$2,500+ 1 Carrying Case, 8 Pro cars, 2 Body Packs + Accessories, 1 Enduro Racer
$5,000+ 1 NASCAR track pack, 1 Carrying Case, 8 Pro Cars, 2 Body Packs + Accessories, 1 Enduro Racer
$20,000+ 10% Bonus Shares, 1 NASCAR track pack, 1 Carrying Case, 8 PRO Cars, 2 Body Packs + Accessories, 1 Enduro Racer, 1 Enduro Truck
$50,000+ 15% Bonus Shares, 1 NASCAR track pack, 1 Carrying Case, 8 PRO Cars, 2 Body Packs + Accessories, 1 Enduro Racer, 1 Enduro Truck
*All perks occur when the offering is completed.
Key Deal Facts
Founder, David Silverglate, started ThoughtFull Toys after his previous company had a successful exit. His invention, the Oball Brand, has sold tens of millions of units and investors have made significant returns.
Can be found in some of the biggest stores like Walmart, Barnes and Nobles, Bed Bath and Beyond and now have access to millions of customers across over 1,800 stores.
Over 70 years of combined toy experience in the industry, we know how to invent and ramp up great products with the vision of growing to become a major 21st century entertainment company.
Use of Proceeds
StartEngine Platform Fees, Marketing, Inventory, Operations
Management Team / Advisory Board Bios
David Silverglate
CEO
Creator of the Oball and founder/CEO of the Oball company (Rhino Toys), I’ve seen success as an inventor and entrepreneur of innovative, patented, sought after toys. Over tens of millions of Oball branded products have been sold to date. With Rhino Toys successfully acquired by Kids II, investors made money. I have over two dozen utility patents in opto-electronics and toys.
Brian Gulassa
Chief Design Officer
Designer for consumer products specializing in toys and sporting goods. Over 300 toys introduced.
Cilents include over 50 top name toy and sporting goods companies
15 years teaching industrial design at California College of the Arts.
Owner of Gulassa Designs and works as a contractor to the Company with approximately 2 hours per week.
Trevor Hite
COO
Operations specialist with 20 years experience managing lean profitable companies in multiple fields.
Pushed over 1000 to the marketplace.
Deal Notes
$0.47 per share
Security Name: Series Seed-NV Non-Voting Preferred