Crowdonomics
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Commissary Club

Operating

70 Million Resources, Inc.

Transportation · Los Angeles, NY · Founded 2016

Jobs for the formerly incarcerated

Valuation cap ⓘ
$10.0M
As of Aug 2021 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$1,844,516
Crowd $349K · Private $1.5M · 9 rounds since 2017

Financials

FY2016–FY2019 · from SEC filings · hover any figure for its source
$0
$1K
2016
$0
$1K
2017
$89K
−$424K
2018
$465K
−$671K
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2016 unaudited*
FY2017 unaudited*
FY2018
FY2019 reviewed*
Income statement
Revenue
$0
$0
$89,000
$464,874
Cost of goods sold
$0
$0
$0
$713
Gross margin
—
—
100%
100%
Net income
$1,227
$1,227
-$423,858
-$671,480
Taxes paid
$0
$0
$2,692
$905
Balance sheet
Cash
$1,227
$1,227
$100,000
$11,621
Accounts receivable
$0
$0
$0
$10,516
Total assets
$1,227
$1,227
$239,734
$37,446
Short-term debt
$0
$0
$0
$2,652
Long-term debt
$0
$0
-$44,484
$1,706,436
Total liabilities
$0
$0
-$44,484
$1,709,088
Other
Headcount
—
7
5
9

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$10.0M
Valuation cap
$10.0M
Valuation cap
Reg CF · SAFE · Jan 2020
Reg CF · SAFE · Mar 2021

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Fundraising history

Reg CF · SAFE · Mar 2021Closedvia Republic
Raised $90K / $371.1KInvestors 227Valuation cap $10M
Reg CF · SAFE · Jan 2020Closedvia Republic
Raised $163.9K / $535KInvestors 676Valuation cap $10M
Reg CF · SAFE · Apr 2018Closedvia WeFunder
Raised $94.5K / $107K
Raised $505KInvestors 10

Team

1 person
Richard Bronson
CEO

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 1 of 8 annual reports (FY2018–FY2025)

Missing: 2019, 2020, 2021, 2022, 2023, 2024, 2025

676 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-UAug 10, 20210001716822-21-000010
    EDGAR
  • Form C/AJul 19, 20210001716822-21-000008
    EDGAR
  • Form C/AMar 25, 20210001716822-21-000004
    EDGAR
  • Form C/AMar 19, 20210001716822-21-000002
    EDGAR
  • Form CMar 8, 20210001716822-21-000001
    EDGAR
  • Form C-UApr 29, 20200001716822-20-000005
    EDGAR
  • Form C/AJan 13, 20200001716822-20-000004
    EDGAR
  • Form C/AJan 8, 20200001716822-20-000003
    EDGAR
Source: ManualCIK 0001716822DE

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.