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Security Type
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CAFES
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Categories
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Retail, Consumer Goods & Products, Health & Fitness
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Min Investment
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$100
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Location
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ST. PETERSBURG, FL
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Expected Close Date
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April 01, 2025
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Target Raise
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$10.00K-$124.00K
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No. Investors
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18
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Security Price
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$1
- Number of Employees
- 0
- Cash
- $29,075
- Revenue
- $138,000
- Short Term Debt
- $137,900
- Cost of Goods
- $18,400
- Long Term Debt
- $0
- Net Income
- $-27,325
Key Deal Facts
Award-Winning Formula: Winner of the 2024 Global Excellence Award out of 300,000 participants.
$255B Market: Targeting a booming global weight-loss market growing at 9.7% CAGR.
Explosive Sales Growth: 500% increase in 2024, with even greater growth projected.
Clinically Tested: Reduced waist by an average of 1.34" and abdomen by 1.61" in just 8 weeks.
Global Recognition: Winner of the 2024 Best Product of the Year', showcasing excellence and impact.
Nationwide Visibility: Campaigns on CNN, OWN,... with Times Square billboards featuring Riley Forbes
Made in the USA: Developed domestically for quality and trust.
Management Team / Advisory Board Bios
Etienne Hendrickx ChairmanFounder & CEO of ShapeAccelerator | Founder of MosquitNo BV, Rowland HansonChief Communication OfficerBranded Microsoft Windows, Kobe DaemsManaging DirectorTML head of organization, Frans van HapertChief Commercial Officer, Jerome KennardMarketing Director
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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
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.