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Security Type
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SAFE
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Min Investment
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$100
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Offering Date
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October 09, 2020
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Expected Close Date
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December 02, 2020
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Target Raise
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$50.00K-$250.00K
Company Description
Pendram’s proprietary patent pending smart technology called Intellisphere IAC creates the perfect atmosphere and sets a new standard for precise storage conditions with smart flexible control from anywhere. Pendram's business model is innovation and a mission to protect, preserve and optimize the long-term quality of perishables.In five years, we hope (but not guarantee) to have a successful exit with lucrative investor returns.Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.
Perks
Invest $250+ for 10% off your first Pendram order for any product
$500+ 10% off your first Pendram order for any product
$1,000+ 15% off your first Pendram order for any product
$2,500+ 20% off your first Pendram order for any product
$5,000+ 20% off your first Pendram order for any product
$10,000+ 25% off your first Pendram order for any product
Invest $250+ for 10% off your first Pendram order for any product
$500+ 10% off your first Pendram order for any product
$1,000+ 15% off your first Pendram order for any product
$2,500+ 20% off your first Pendram order for any product
$5,000+ 20% off your first Pendram order for any product
$10,000+ 25% off your first Pendram order for any product
Key Deal Facts
Women Founded/CEO leading the company with over 25 years of expertise in launching technology products.
Totally unique and compelling "Smart" product line based on core, patent pending technology.
Investment includes entire portfolio of breakthrough high tech products for "Smart Storage".
Seasoned team has proven track record in start-ups delivering fast cash exits for Investors.
Flagship "Smart-Lid" Product chosen as Tommy Chong favorite for 2020 with strong demand.
Clear need and demonstrated demand for a high tech storage solution. Huge market potential.
Use of Proceeds
$50,000
- 30% Marketing- Targeted Social Media Campaigns Web Marketing and SEO Advertising and Promotions Collaterals Public Relations
- 62.5% Engineering - Develop the production product Complete pilot production phase and move to full production
- 7.5% towards Wefunder fees.
$250,000
- 25% Marketing- Targeted Social Media Campaigns Web Marketing and SEO Advertising and Promotions Collaterals Public Relations
- 67.5% Engineering - Develop the production product Complete pilot production phase and move to full production
- 7.5% towards Wefunder fees.
Management Team / Advisory Board Bios
Mary June Makoul
CEO and Founder
25+ years of high tech management and marketing with numerous awards and accolades for innovation in branding and strategic vision.
Jon Siann
CTO and Founder
Previous company generated $24M cash exit leveraging less than $2.8M in Angel investments in less than 15 months.
