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Dr Strains LLC.

Reg CF · Convertible Note · Jul 2020

FailedReg CFConvertible Note
via WeFunderView campaign
Raised
$25.3K / $1.1M max
2% of ceiling
Investors
65
$388.7 avg
Valuation cap
$7M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$25K$13K$0
65330
Jul 24, 2020 · openedOct 7, 2020 · last reading
Deadline Oct 30, 2020 — 23 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2018–FY2019 · hover for source
$0
FY2018
$240K
$63K
FY2019
RevenueNet income
Metric
FY2018
FY2019 reviewed*
Income statement
Revenue
$0
$239,646
Cost of goods sold
$0
$104,798
Gross margin
—
56%
Net income
$0
$62,747
Taxes paid
$0
$416
Balance sheet
Cash
$0
$2,511
Accounts receivable
$0
$0
Total assets
$0
$101,869
Short-term debt
$0
$37,871
Long-term debt
$0
$0
Total liabilities
$0
$37,871
Other
Headcount
—
5

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Deal terms

Valuation cap$7M ($6M early bird)

Perks

First $250K will invest in a convertible note with a $6M valuation cap.first $250K

Offering details

Target$250,000
Max$1,070,000
Min investment$100
OpenedJul 24, 2020
DeadlineOct 30, 2020
ClosedOct 7, 2020
Days active75

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000605

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. 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.