Crowdonomics
Modern Times Drinks, Inc.

Reg CF · Common Stock · Apr 2019

ClosedReached targetReg CFCommon Equity
via WeFunder · last checked Oct 5, 2026
Raised
$1.1M / $1.1M max
100% of ceiling
Investors
—
—
Estimated pre-money
$252.2M
—

Financials disclosed in this offering

FY2017–FY2018 · hover for source
$14.9M
$2.7M
FY2017
$30.5M
−$2.9M
FY2018
RevenueNet income
Metric
FY2017 audited
FY2018 audited
Income statement
Revenue
$14,856,950
$30,488,617
Cost of goods sold
$7,703,935
$19,468,221
Gross margin
48%
36%
Net income
$2,690,861
-$2,928,330
Taxes paid
$0
$454,169
Balance sheet
Cash
$2,167,017
$426,049
Accounts receivable
$1,014,866
$1,886,255
Total assets
$9,866,342
$44,991,011
Short-term debt
$2,421,294
$7,673,298
Long-term debt
$2,281,551
$48,596,292
Total liabilities
$4,702,845
$56,269,590
Other
Headcount
—
225

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

Deal terms

Est. pre-money$252.2M
Price / share$252.20
Shares offered199

Estimated, not stated: $252.20 × 1,000,020 securities outstanding as of Dec 31, 2017 (Form C filed Apr 8, 2019, p. 17).

Offering details

Target$50,188
Max$1,069,832
Min investment—
OpenedApr 8, 2019
DeadlineApr 30, 2019
ClosedApr 30, 2019
Days active22

Links & provenance

Source: SEC EDGAR
0001670254-19-000168
Last synced Oct 5, 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.