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Security Type
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Debt
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Categories
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Retail, Entertainment, Technology
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Min Investment
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$100
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Offering Date
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September 18, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$50.00K-$5.00M
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No. Investors
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69
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Security Price
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$1
- Number of Employees
- 0
- Cash
- $329,990
- Revenue
- $3,348
- Short Term Debt
- $24,000
- Cost of Goods
- $2,729
- Long Term Debt
- $0
- Net Income
- $-223,958
Company Description
Doctors and pharmacy fulfillment partner licensed and certified in all 50 states and D.C.
Long-term deal with industry-leading fulfillment partner ensuring reliable and scalable distribution.
$540K prior investor base includes several prominent, experienced business leaders.
Huge opportunity in the growing $3.8 billion dollar Erectile Dysfunction medication market.
Founded, owned and led by pharmacy professionals with more than 60 years combined experience.
Poised to capitalize on the explosive growth of telemedicine by becoming a full telehealth platform.
Investors that are also ED medication users won't pay more than $1 per pill for ED meds.
Ambassador/affiliate program to potentially yield investment income during growth phase of company.
Key Deal Facts
Doctors and pharmacy fulfillment partner licensed and certified in all 50 states and D.C.
Long-term deal with industry-leading fulfillment partner ensuring reliable and scalable distribution.
$540K prior investor base includes several prominent, experienced business leaders.
Huge opportunity in the growing $3.8 billion dollar Erectile Dysfunction medication market.
Founded, owned and led by pharmacy professionals with more than 60 years combined experience.
Poised to capitalize on the explosive growth of telemedicine by becoming a full telehealth platform.
Investors that are also ED medication users won't pay more than $1 per pill for ED meds.
Ambassador/affiliate program to potentially yield investment income during growth phase of company.
Management Team / Advisory Board Bios
Louis Scerbo, Co-Founder & CEO
A licensed pharmacist and pharmacy owner with 35 years of experience whose passion and visionary spirit has brought myEDmeds.com to life.
Ryan Lombardi, Co-Founder & CXO
Leads interdisciplinary marketing including content marketing, UI/UX, design and customer acquisition. Ryan is a full-stack marketer who successfully combines analytical and behavioral acumen.
Dr. Rich Maenza, Medical Advisor/Consultant
As the Medical Director for myEDMeds.com, Rich directly oversees the process patients take when being diagnosed and prescribed medications and led the development of the algorithm used to determine which clients are appropriate for prescription.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.