First Person Solutions LLC

COVID in India - an innovative solution

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Security Type
Convertible Note
Categories
Retail, Life Sciences, Education, Sports & Fitness
Min Investment
$100
Location
Media, PA
Expected Close Date
April 30, 2022
Target Raise
$150.00K-$500.00K
Security Price
$1
Number of Employees
3
Cash
$138,353
Revenue
$0
Short Term Debt
$111,125
Cost of Goods
$15,565
Long Term Debt
$279,500
Net Income
$-277,273

Company Description

🌏 Socially responsible vision of bringing relief to Covid sufferers in India
👌 Formula ingredients already proven to have both prophylactic and therapeutic effects on Covid-19
⭐️ Applying for registration in India to sell to an 800-million-person market of current AYUSH users
🎇 Utilizes Molecular Signaling™, an innovative discovery for viral symptoms
🏆 An incredible team of pharmaceutical and biotech startup veterans
💪 $250,000 already invested by founding team
✈️ Future plans include expansion to a large number of other countries
🙌 Molecular Signaling™ can address other viral infections including colds, flu, dengue fever, and Bell’s Palsy.

Key Deal Facts

🌏 Socially responsible vision of bringing relief to tens of millions who cannot afford other treatments
👌 Formula ingredients already proven to have both prophylactic and therapeutic effects on Covid-19
⭐️ Will be applying for AYUSH registration in India to serve an 800-million-person market of current AYUSH users
🎇 Utilizes Molecular Signaling™, an innovative discovery for viral symptoms
🏆 An incredible team of pharmaceutical and biotech startup veterans
💪 $250,000 already invested by founding team
✈️ Future plans include expansion to a large number of other countries
🙌 Molecular Signaling™ can address other viral infections including colds, flu, dengue fever, and Bell’s Palsy.

Use of Proceeds


$150,000
7.5 % Wefunder fee ($11,250)
92.5% Application for AYUSH license in India, formulation and manufacturing in India.  ($138,750)







$250,000
7.5 % Wefunder fee ($18,750)
55.5% Application for AYUSH license in India, formulation, and manufacturing in India. ($138,750)
37% Social Media and Public Relations Marketing in India. ($92,500)





$500,000
7.5 % Wefunder fee ($37,500)
28% Application for AYUSH license in India, formulation, and manufacturing in India. ($138,750)
64.5% Social Media and Public Relations Marketing across multiple provinces in India. ($322,500)



Amount Raised : $139,400
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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