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Smart Cups

For a Better Planet, Just Add Water

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Security Type
Common Stock
Categories
Manufacturing, Sustainability, Technology
Min Investment
$250
Location
Mission Viejo, CA
Offering Date
July 07, 2023
Expected Close Date
February 28, 2024
Target Raise
$15.00K-$1.21M
No. Investors
1068
Security Price
$0.65
Website
smartcups.com
Number of Employees
5
Cash
$90,920
Revenue
$216,510
Short Term Debt
$1,273,815
Cost of Goods
$361,802
Long Term Debt
$1,017,908
Net Income
$-2,700,479

Company Description

Smart Cups Technology is a patented delivery system platform that creates sustainable consumer packaged products by eliminating liquid through the use of novel microencapsulation printing. The company was granted a patent for its technology and previously raised $10 million.

Management Team / Advisory Board Bios

Chris KanikFounder, CEO, Secretary, Treasurer, DirectorDynamic leader with unconventional 25+ years of wide experience in science research, consulting for CPG and Pharma companies, product development, formulation, product branding, launch strategies, and contract negotiation. Chris has extensive technical, chemical, and engineering experience since joining the Stevens Institute of Technology at age 12 and the Nutritional Sciences Department at Rutgers University at the age of 14. Chris currently devotes nearly all of his working hours towards Smart Cups and spends less than 2 hours per week working as Head of Science and Formulation for TR Processing., Owen DolanChief Operating OfficerOwen has 15+ years experience designing, implementing policies to promote company culture and vision. He has more than a decade of experience in the medical device industry. Owen has 1 patent granted, 2 patents pending. Bill DavidsonDirector of EngineeringBill Davidson has 24 years of experience in R&D, Product Development, Engineering Management, New Business Development, Technical Sales & International Marketing. He has 8 patents granted in applied aerospace and nano-technologies. Matthew BottomlyIntellectual Property AttorneyMatt Bottomly is a patent attorney based in Orange County and experienced in all aspects of intellectual property. He primarily focuses his practice on U.S. patent prosecution, focusing primarily on mechanical and electrical inventions. He has worked with a variety of technologies, including consumer electronics, semiconductors, telecommunications, RFID, fantasy sports, video games, streaming media, and augmented reality. Matt is heavily involved in the start-up community. Matt's previous experience includes working in an AmLaw 200 firm, working in-house at a consumer electronic company and an entertainment company, founding an IoT device start-up, and working as a patent examiner at the United States Patent and Trademark Office.

Amount Raised : $1,231,195
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Security Description

Common stock is a security that represents ownership in a corporation.

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