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Sibannac, Inc.

Operating

Biotech · Phoenix, AZ

Estimated pre-money ⓘ
$765.5M
As of Feb 2023 · from Reg A Offering (2023) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$294,500
Across 2 rounds since 2022
Latest share price
$0.15
Reg A+ · Equity · Jan 2022 offering price

Financials

FY2011–FY2021 (no data for FY2017, FY2018, FY2019) · from SEC filings · hover any figure for its source
$1.1M
−$62K
2011
$288K
−$234K
2012
$207K
−$168K
2013
$0
−$281K
2014
$0
−$2.4M
2015
$524K
−$351K
2016
2017no data
2018no data
2019no data
$2K
−$101K
2020
$0
−$99K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2011 audited
FY2012 audited
FY2013 audited
FY2014 audited
FY2015 audited
FY2016 audited
FY2020 unaudited
FY2021 unaudited
Income statement
Revenue
$1,073,831
$288,044
$207,316
$0
$0
$523,677
$1,692
$0
Cost of goods sold
$159,053
$60,561
$23,217
$0
$0
$453,295
$0
$0
Gross margin
85%
79%
89%
—
—
13%
100%
—
Net income
-$61,692
-$234,108
-$167,595
-$280,785
-$2,374,486
-$351,019
-$101,301
-$99,004
Balance sheet
Cash
$15,726
$648
$3,542
$63,000
$273,808
$8,725
$7,332
$9,880
Accounts receivable
$49,407
$11,396
$22,431
$0
$1,000
$60,071
$4,623
$9,023
Total assets
$255,188
$180,809
$201,548
$63,000
$564,861
$322,771
$876,892
$1,161,045
Short-term debt
—
—
—
—
$234,100
$234,100
—
—
Long-term debt
—
—
—
—
—
—
$375,532
$522,000
Total liabilities
$304,636
$464,365
$652,699
$137,824
$506,671
$615,600
$1,595,532
$831,727
Other
Headcount
—
—
—
—
—
—
1
1

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

Pre-money — the valuation set before each round’s money came in
$754.6M
est. pre-money
$765.5M
est. pre-money
Reg A+ · Equity · Jan 2022
Reg A+ · Equity · Feb 2023

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of May 10, 2024
Series A Preferred · 97.6%Series D Preferred · 0.29%Series B Preferred · 0%Common Stock · 2.14%
ClassOutstandingVotes / shareConvertsAs convertedVotesDividendLast price
Series A Preferredpreferred5,000,0001,0001,000 × Common Stock97.6%97.8%——
Series D Preferredpreferred250,236none60 × common stock0.29%0%8%—
Series B Preferredpreferred99,500none—0%0%8%—
Common Stock109,649,5381—2.14%2.15%—$0.15Jan 2022
Total114,999,2745,124,763,198 as converted100%100%

Shares outstanding over timein today's share terms

18M8.8M0
Aug 2014Feb 2024
Common StockSeries A PreferredSeries B PreferredSeries D PreferredRound opened

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, May 10, 2024

  • David Mersky, CEO, CFO, Secretary, Director5,000,000 Series A Preferred100.0%of Series A Preferred
  • Eric Stoll80,000 Series B Preferred82.0%of company
  • Eric Stoll - Chief Marketing Officer80,000 Series B Preferred82.0%of Series B Preferred
  • Rubicon Peak Capital, LLC146,305 Series D Preferred58.0%of Series D Preferred
  • MDHC Johnson Family Partnership103,930 Series D Preferred42.0%of Series D Preferred
  • David Mersky, CEO, CFO, Secretary, Director31,666,667 Common29.0%of
  • MDHC Johnson Family Partnership18,000 Series B Preferred18.0%of Series B Preferred
  • MDHC Johnson Family Partnership1,000,000 Common0.9%of
  • Everyone else (not named in filings)18.0%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. “As converted” counts each class in the shares it converts into. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $0 / $5.7MEst. pre-money $765.5M
Raised $294.5K / $9.5MEst. pre-money $754.6M

Team

3 people
David Mersky, Esq.
President, CEO, CFO, Secretary Director
Eric Stoll
Chief Marketing Officer
Booker T. Evans, Jr. Esq.
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form QUALIFMay 22, 20249999999994-24-000066
    EDGAR
  • Form 1-A POSMay 10, 20240001683168-24-003183
    EDGAR
  • Form 1-A POSApr 12, 20240001683168-24-002347
    EDGAR
  • Form 1-A POSFeb 2, 20240001683168-24-000618
    EDGAR
  • Form QUALIFMar 15, 20239999999994-23-000110
    EDGAR
  • Form 1-A-WFeb 17, 20230001683168-23-001012
    EDGAR
  • Form 1-A-WFeb 17, 20230001683168-23-001010
    EDGAR
  • Form 1-AFeb 17, 20230001683168-23-001035
    EDGAR
Source: SEC EDGARCIK 0001313938NVShare price $0.15Last synced Aug 16, 2026

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.