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Security Type
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Equity
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Categories
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Food & Bev
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Min Investment
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$406
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Offering Date
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June 25, 2018
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Expected Close Date
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September 26, 2018
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Target Raise
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$10.01K-$106.99K
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Deal Notes
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- Type of Security Offered: Common Stock
- Purchase Price of Security Offered: $12.69
- Minimum Investment Amount (per investor): $406.08
- Maximum 8431 shares of Common Stock ($106,989.39)
- Minimum 789 shares of Common Stock ($10,012.41)
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Valuation
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$1,800,000
Company Description
Mola Foods creates seasonings and sauces from tastes and flavors from around the world with the first product introduced being Mola Chili. The Relishes are made from authentic ancient Cameroonian tribal recipes that have survived by being passed from mother to daughter. Mola Foods sells exquisite, authentic, ethnic, taste – a trend that is, in our opinion, very important in 2018. The company – currently - sells through small specialty stores and via the Internet (Molafoods.com, Walmart.com and Amazon.com). Management has also approached mass-market retailers – Whole Foods and Fresh Market – to stock Mola Products on their shelves.
Perks
Invest $406.08 or more – You'll be immortalized on molafoods.com, Receive a very rare Mola foods Bumper Sticker, a Mola Foods brand art poster, and a Mola Foods T-Shirt (man or woman)
Invest $989.82 or more – Receive all of the above plus, a free VIP food tasting for two at one of Mola Foods Tasting events in Nashua NH
Invest $4,999.86 or more – Receive all of the above plus, A Red Carpet Invite for you and 3 friends to an upcoming Mola Foods Launch party
Invest $9,999.72 or more – Receive all of the above plus, meet us on the road at our expense and attend a super fun Mola Foods event as our VIP guest and a lifetime 15% discount on all Mola Foods purchases.
Key Deal Facts
New Hampshire-Based, Founded 2016
Authentic African Heritage Spices, Relishes
Cameroonian, Ethiopian, Indian and Moroccan Recipes
Local, National, International Sales
Well-established Sales & Marketing Channels
No Similar Specialty Food Model (To Our Knowledge)
Available in glass jars, Mola Foods products are the perfect option for flavor aficionados who appreciate seasonings, relishes and marinades that have the ability to transform even the most common meals.
Use of Proceeds
- R&D and production
- Marketing
- Working capital
- Recipe development
- Run a tasting center
Management Team / Advisory Board Bios
Jeannette Bryant
Co-Founder, Director, Chief Executive Officer
Jeannette Bryant, Founder and Chief Executive Officer, is responsible for the direction and success of Mola Foods enterprise. Prior to launching Mola Foods, she was the Medical Coding Coordinator at North Shore Community College. Ms. Bryant was Chief Executive Officer of Kids Be Aware, Inc. of Woburn, Ma., a venture that teaches children and parents how to prevent or manage infectious and chronic diseases. She was Health Claims Program Director of the Salter School of Walden, MA. Ms. Bryant holds a Bachelor of Sciences Degree in Healthcare Management and a Master of Sciences Degree in Public Health Jeannette Bryant is a Single Mother of 3, an entrepreneur who worked in the food industry from the time she knew how to talk. Her grandmother was a farmer and Jeannette grew up buying and selling goods. Additionally she took classes for two years in International Trade.
Tiffany Henderson
Co-Founder, Director, Vice President of Recipe and Development
Tiffany holds degrees in culinary, hotel and restaurant management and a Masters in hospitality. After working in the industry a while, she began teaching college level culinary arts and for the last 5 years has been the culinary program chair in Carroll County in the Atlanta, GA area. She is a fantastic cook, but more than that, she understands how to run a commercial kitchen to produce consistently high-quality food products. Ms. Henderson is currently completing requirements for her Doctorate in Holistic Nutrition.
Deal Notes
- Type of Security Offered: Common Stock
- Purchase Price of Security Offered: $12.69
- Minimum Investment Amount (per investor): $406.08
- Maximum 8431 shares of Common Stock ($106,989.39)
- Minimum 789 shares of Common Stock ($10,012.41)