Starwalker Industries

Starwalker Industries

We're building a bottled water plant with a paid bottle return recycling center

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Security Type
Convertible Note
Categories
Food & Bev
Min Investment
$100
Location
Atlanta, GA
Offering Date
May 07, 2021
Expected Close Date
April 30, 2022
Target Raise
$100.00K-$1.07M
Deal Notes

Price per share: $1.00

Company Description

StarWalker Industries is owned by a black business attorney and engineer who leads a team of positive people that brands bottled water and sells it by the truckload. SWI desires to expand its brands by building a closed-loop bottled water plant that collects its 100% Recyclable plastic bottles.

Key Deal Facts

Producing 32 Million 3 Liter water bottles at a gross margin of $0.80 per bottle.
To reduce plastic waste in local communities, we pay 25¢ for each 3 Liter water bottle returned.
Our current brands generate revenue and are sold nationally including 100 CitiTrends stores.
Black-owned company

Use of Proceeds

  • $100,000 Marketing and Advertising (6%) Trade Shows (3.5%) Staff (33%) Public Relations (3%) Professional Fee (21%)Operations (21%) Accounts Receivable Factoring (5%)Wefunder (7.5%)
  • $1,070,000 Real estate downpayment or deposit (18%), manufacturing equipment deposit (48%), architect engagement (8.5%), and engineering engagement (18%); Wefunder (7.

Management Team / Advisory Board Bios

David Walker, President and CEO
Atlanta area Business Attorney, David Walker, is the Founder and President of StarWalker Industries. Additionally, David is a certified NFL Contract Advisor and Agent.

Greg Kershner, Chief Engineer
Greg is the Founder of Inter-Tech, Ltd., an engineering firm specializing in providing manufacturing solutions for the food and beverage industry. Greg brings over 30 years of experience in the design, development, and installation of 1,500 projects.

Bernard Coleman, Legal Counsel
A cum laude graduate of Harvard College and graduate of the University of Virginia School of Law, Mr. Coleman has practiced 17 years with some of Atlanta’s top law firms. Mr. Coleman specializes in advising companies in development and finance.

Deal Notes

Price per share: $1.00

Amount Raised : $0
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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