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Security Type
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Debt
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Categories
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Entertainment, Technology, Beauty & Personal Care, Industrial
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Min Investment
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$100
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Expected Close Date
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April 30, 2022
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Target Raise
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$200.00K-$1.07M
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $1,282
- Revenue
- $6,540
- Short Term Debt
- $496
- Cost of Goods
- $101
- Long Term Debt
- $28,207
- Net Income
- $402
Company Description
Promote RECOVERY on many chronic symtoms; 85%+ effective rate
US FDA 510K cleared;
5 invention patents (2 US) granted
Products ready for mass production
Revenue $470K from overseas market before 2020
Looking for additional funding for marketing
Perks
1200 - One unit of FaceKARE package (only ~150 units left, 1st come 1st served)
2500 - one unit of PainKARE Patch package (only ~40 units left, 1st come 1st served)
4000 - one unit of PainKARE package (only ~20 units left, 1st come 1st served)
Key Deal Facts
Promote RECOVERY on many chronic symtoms; 85%+ effective rate
US FDA 510K cleared;
5 invention patents (2 US) granted
Products ready for mass production
Revenue $470K from overseas market before 2020
Looking for additional funding for marketing
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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.