Reg CF · Convertible Note · Jan 2025

ClosedReached targetReg CFConvertible Note

via StartEngine · last checked Oct 4, 2026View campaign

Raised

$220K / $1.2M max

18% of ceiling

Investors

$2.3K avg

Valuation cap

$6M

cap, not an agreed valuation

Financials disclosed in this offering

FY2022–FY2023 · hover for source

$200K

−$355K

FY2022

$334K

−$886K

FY2023

RevenueNet income

Metric

FY2022 reviewed

FY2023 reviewed

Income statement

Revenue

$199,913

$333,585

Cost of goods sold

$109,233

$282,698

Gross margin

45%

15%

Net income

-$355,434

-$885,669

Taxes paid

Balance sheet

Cash

$16,807

$333,648

Accounts receivable

$19,344

Total assets

$167,600

$591,773

Short-term debt

$29,098

$107,330

Long-term debt

Total liabilities

$29,098

$107,330

Other

Headcount

—

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

Amendments to this offering

2 amendments

Apr 30, 2025
- Deadline Apr 30, 2025 → Jun 30, 2025
“Issuer is updating their financial statements per the most recent fiscal year, and extending their campaign end date to June 30th, 2025.”
Form C/A on EDGAR ↗
Mar 3, 2025
- Deadline Apr 7, 2025 → Apr 30, 2025
- Target $124K → $20K
“Clarified alcohol beverage license holders and employees cannot invest, added qualifying language in campaign and offering documents, updated convertible note subscription agreement, updated company securities, reduced min. raise to $20K, extended offering”
Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Valuation cap$6M

Conversion discount20%

Perks

Early Bird 1: $1,000+ · 2 Free Variety Packs + Cod’r Hat + One entry into a raffle for a Newport Cruise for two + 5% increase in the annual interest rate · until Jan 20, 2025$1K+

Early Bird 2: $5,000+ · 2 Free Variety Packs + Cod’r Hat + A confirmed Newport Cruise for two + 10% increase in the annual interest rate · until Jan 20, 2025$5K+

Early Bird 3: $10,000+ · 2 Free Variety Packs + Cod’r Hat + confirmed Newport Cruise and dinner for two (valued at $300) + 15% increase in the annual interest rate · until Jan 20, 2025$10K+

Early Bird 4: $25,000+ · 2 Free Variety Packs + Cod’r Hat + Custom Cape Cod’r Beach Chair + Private Charter + 20% increase in the annual interest rate · until Jan 20, 2025$25K+

Early Bird 5: $50,000+ · 2 Free Variety Packs + Cod’r Hat + Custom Cape Cod’r Beach Chair + Private Charter + 1 Night Hotel Stay + 25% increase in the annual interest rate · until Jan 20, 2025$50K+

4% increase in the annual interest rate$1K+

8% increase in the annual interest rate$5K+

10% increase in the annual interest rate$10K+

12% increase in the annual interest rate$25K+

15% increase in the annual interest rate$50K+

Offering details

Target$124,000

Max$1,235,000

Min investment—

OpenedJan 7, 2025

DeadlineJun 30, 2025

ClosedJun 30, 2025

Days active174

Links & provenance

Campaign page Pitch video SEC filing

Source: SEC EDGAR
0001665160-25-000007
Last synced Aug 18, 2026

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.