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MICHAEL WALTRIP BREWING COMPANY

Reg CF · Common Stock · Jul 2023

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$284.7K / $1.2M max
23% of ceiling · target hit day 1
Investors
249
$1.3K avg
Post-money valuation
$20.6M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$318K$159K$0
2431220
Jul 20, 2023 · openedOct 10, 2023 · last reading
Target ($10K) hit — Jul 21, 2023, day 1Deadline Oct 10, 2023 — 0 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via StartEngine, last checked Oct 4, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2021–FY2022 · hover for source
$230K
−$1.3M
FY2021
$665K
−$697K
FY2022
RevenueNet income
Metric
FY2021 reviewed
FY2022 reviewed
Income statement
Revenue
$229,730
$665,058
Cost of goods sold
$176,586
$456,782
Gross margin
23%
31%
Net income
-$1,291,131
-$696,759
Taxes paid
$0
$0
Balance sheet
Cash
$231,625
$88,131
Accounts receivable
$16,960
$2,816
Total assets
$478,271
$323,344
Short-term debt
$146,177
$475,000
Long-term debt
$1,275,000
$0
Total liabilities
$1,421,177
$475,000
Other
Headcount
—
14

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

Deal terms

Pre-money$20.3M
Post-money$20.6M
Price / share$1.55
Shares offered6,451

Perks

Invest $125,000+ within the first two weeks and receive 75% bonus shares · until Aug 2, 202375% bonus$125K+

Offering details

Target$9,999
Max$1,234,997
Min investment$250
OpenedJul 20, 2023
DeadlineOct 10, 2023
ClosedOct 10, 2023
Days active82

Links & provenance

Campaign pagePitch videoSEC filing
Source: Manual
0001665160-23-001505
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.