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ReThink Ice Cream

Operating

Midgie's Good Cream Inc.

Food · Packaged Food · Napa, DE · Founded 2021

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Tummy-friendly, low sugar dairy ice cream that tastes as good as Haagen Dazs

Valuation cap ⓘ
$5.0M
As of Feb 2022 · from ReThink Ice Cream Crowd SAFE 2 · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$225,632
Across 2 rounds since 2021

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$485K
−$1.5M
2019
$561K
−$873K
2020
$701K
−$682K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
FY2020
FY2021
Income statement
Revenue
$485,412
$560,901
$701,278
Cost of goods sold
$523,438
$315,104
$366,639
Gross margin
-8%
44%
48%
Net income
-$1,493,562
-$873,169
-$681,762
Taxes paid
$0
$0
$0
Balance sheet
Cash
$147,830
$87,362
$88,470
Accounts receivable
$18,264
$23,937
$1,054
Total assets
$255,084
$270,487
$311,131
Short-term debt
$332,070
$511,828
$1,744,043
Long-term debt
$1,226,798
$1,391,716
$70,000
Total liabilities
$1,558,868
$1,903,544
$1,814,043
Other
Headcount
—
3
3

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; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$5.0M
Valuation cap
ReThink Ice Cream Crowd SAFE 2

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

ReThink Ice Cream Crowd SAFE 2ClosedReg CF · SAFE · via Republic
Raised $102.2K / $410KInvestors 227Valuation cap $5M
Reg CF Offering (2021)ClosedReg CF · Convertible Note · via MICROVENTURE MARKETPLACE INC.
Raised $123.4K / $250K

Team

1 person
George Haymaker
Chief Executive Officer

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 5 annual reports (FY2021–FY2025)

227 investors
holder-count proxy

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

SEC filings

  • Form C-TRMar 30, 20220001834769-22-000005
    EDGAR
  • Form C-ARMar 29, 20220001845329-22-000003
    EDGAR
  • Form C-UFeb 22, 20220001845329-22-000001
    EDGAR
  • Form CNov 4, 20210001845329-21-000008
    EDGAR
  • Form C-UAug 9, 20210001845329-21-000006
    EDGAR
  • Form C/AJun 10, 20210001845329-21-000005
    EDGAR
  • Form C/AMay 24, 20210001845329-21-000003
    EDGAR
  • Form CApr 22, 20210001845329-21-000001
    EDGAR
Source: ManualCIK 0001845329DE

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.