-
Security Type
-
Membership Units
-
Categories
-
Retail
-
Min Investment
-
$99
-
Offering Date
-
June 29, 2021
-
Expected Close Date
-
June 30, 2023
-
Target Raise
-
$10.00K-$375.36K
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Security Price
-
$1.27
-
Valuation
-
$12,052,990
- Number of Employees
- 2
- Cash
- $151,471
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $173,952
Company Description
Protein Quick provides up to 20 grams of protein in 2 ounces of liquid with zero fat, zero sugar, zero caffeine, and zero carbs. Ready to drink requiring no refrigeration or mixing - it's just the protein - and usable “Anywhere for Everyone”
Use of Proceeds
- Inventory-$250,000-23.4%
- Customer acquisition-$566,570-53.0%
- Selling, General & Administrative-$176,000-16.4%
- Product samples-$25,000-2.3%
- Intermediary fees-$52,430-4.9%
Key Deal Facts
Protein Quick is a ready to drink, proprietary protein formulation providing up to 20 grams of protein in 2 ounces of liquid with zero fat, zero sugar, zero caffeine, and zero carbs. It is packaged in a 5 Hour Energy®-sized 2 ounce bottle and requires no mixing or refrigeration.
Kevin Harrington - an original Shark on Shark Tank - is a Protein Quick operating partner. Play the video above to hear directly from Kevin.
Protein Quick is convenient, portable, and ready. With minimal ingredients, the only source of calories is the protein - up to 80 calories per serving.
Protein Quick instantly adds protein to any meal or snack for better nutritional balance. It is available before, during, or after a workout - for those needing protein without large quantities of liquid or calories - or whenever protein is needed - anywhere for everyone. It’s Just the Protein.
Use of Proceeds
- Inventory-$250,000-23.4%
- Customer acquisition-$566,570-53.0%
- Selling, General & Administrative-$176,000-16.4%
- Product samples-$25,000-2.3%
- Intermediary fees-$52,430-4.9%
Management Team / Advisory Board Bios
Kevin Harrington
An original “Shark” on the hit TV show Shark Tank, the creator of the infomercial, pioneer of the As Seen on TV brand, and co-founding board member of the Entrepreneur’s Organization—Kevin Harrington has pushed past all the questions and excuses to repeatedly enjoy 100X success. His legendary work behind-the-scenes of business ventures has produced well over $5 billion in global sales, the launch of more than 500 products, and the making dozens of millionaires. Twenty of his companies have each topped $100 million in revenue.
Gerry David
Gerry is the former CEO of Celsius Holdings, Inc. (NASDAQ: CELH) a leading fitness drink company. During his tenure, Gerry took Celsius from the "pink sheets" to NASDAQ by increasing revenues 350% and the share price by 1,800%. He expanded sales internationally in Singapore, Hong Kong, Brazil, Finland, and the Middle East and manufacturing in Germany, China, and the United States. Gerry has management experience in public and private companies ranging from startup to turnaround to growth. He has launched companies and products spanning 70+ countries.
