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Security Type
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Preferred Stock
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Categories
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Retail, Technology, Sustainability, Food & Bev, Community & Lifestyle
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$1.07M
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No. Investors
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285
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Security Price
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$0.68
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Valuation
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$11,000,000
- Number of Employees
- 7
- Cash
- $35,513
- Revenue
- $252,431
- Short Term Debt
- $971,497
- Cost of Goods
- $295,299
- Long Term Debt
- $632,185
- Net Income
- $-875,439
Company Description
❤️ Mission & Purpose Driven: Reversing Coffee’s Contribution to Climate Change
🤘 Rock Star Team of Advisors Including a Super Bowl Champion & Former President of Anheuser-Busch
🔬 Executive Team of Veterans from Food Science, Coffee, Craft Beverage, Branding, and Pro Sports
♻️ Upcycling a Byproduct of the Coffee Harvest into a Tasty Climate-Friendly Energy Drink
📈 Using a Readily Available Nutritionally-Rich Ag Product to Capitalize on a Rapid-Growth Category
🛒 Distributed in 9 States to Top Natural & Conventional Grocery Stores with Growing E-Comm Presence
🙌 Backed by Seasoned Investors in Food & Bev, Technology, Retail, Venture Capital & Consumer Goods
💵 Revenues Projected to Surpass $30M by 2025 (projections cannot be guaranteed)
Key Deal Facts
❤️ Mission & Purpose Driven: Reversing Coffee’s Contribution to Climate Change
🤘 Rock Star Team of Advisors Including a Super Bowl Champion & Former President of Anheuser-Busch
🔬 Executive Team of Veterans from Food Science, Coffee, Craft Beverage, Branding, and Pro Sports
♻️ Upcycling a Byproduct of the Coffee Harvest into a Tasty Climate-Friendly Energy Drink
📈 Using a Readily Available Nutritionally-Rich Ag Product to Capitalize on a Rapid-Growth Category
🛒 Distributed in 9 States to Top Natural & Conventional Grocery Stores with Growing E-Comm Presence
🙌 Backed by Seasoned Investors in Food & Bev, Technology, Retail, Venture Capital & Consumer Goods
💵 Revenues Projected to Surpass $30M by 2025 (projections cannot be guaranteed)
Use of Proceeds
$50,001
Cost of Goods Sold 20% (ingredients, packaging materials, co-packing fees); Marketing 20% (growth agency fees, paid digital advertising, social media content); SG&A 53.5% (payroll, overhead, sales expenses); Wefunder intermediary fee 6.5%
$1,070,000
Cost of Goods Sold 25% (ingredients, packaging materials, co-packing fees); Marketing 20% (growth agency fees, paid digital advertising, social media content); E-Comm Fees 3% (merchant services fees, software subscriptions); Customer Acquisition Costs 4% (for E-comm); Freight/Logistics 4%; SG&A 37.5% (payroll, overhead, sales expenses); Wefunder intermediary fee 6.5%
Management Team / Advisory Board Bios
Paul Evers Co Founder/CEO; Nate Armburst; Kevin Smyth Co Founder/ COO