Oasis Grocery Direct

Oasis Grocery Direct

Our mission is to provide high-quality, affordable food & groceries to individuals located in areas where there are no grocery stores, which the USDA calls food deserts.

Security Type
Secured Loan
Industry
Agriculture
Min Investment
$100
Location
Delaware, OH
Min Raise
$50,000
Offering Date
April 20, 2021
Max Raise
$250,000
Expected Close Date
June 15, 2021

Use of Proceeds

  • Product development
  • Pre-launch activities
  • Post launch operations and support

Management

Dave Ranallo, CEO
Interum Oasis GM

Stephen King, Founding Partner
MYND Global (Portland)
Oasis Shareholder

Tom Sirna, President
Sirna & Sons Produce

Research Reports

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Security Description

Secured debt is debt backed or secured by collateral to reduce the risk associated with lending. If the borrower on a loan defaults on repayment, the debt holder can seize the collateral, sell it, and use the proceeds to pay back the debt. Assets backing debt or a debt instrument are considered as a form of security, which is why unsecured debt is considered a riskier investment than secured debt.

Key Deal Facts

Bringing affordable, healthy foods to individuals in food desserts.
Already boosted by $150K investment to launch first 4 pickup points
Every $5,000 raised will open another community pickup point
Supported by regional partners Giant Eagle, Sirna and Sons Produce, and Food 21.org

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