Absinthia’s Bottled Spirits

Organic absinthe

Overview

Raised to Date: Raised: $63,500

Total Commitments ($USD)

Platform

CrowdFund Mainstreet

Start Date

03/26/2019

Close Date

05/31/2019

Min. Goal

$10,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

Revenue Share

SEC Filing Type

RegCF    Open SEC Filing

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/31/2019

Days Remaining
Funded
% of Min. Goal

635%

% of Max. Goal

13%

Likelihood of Max
Funded
Avg. Daily Raise

$962

# of Investors

71

Momentum
Funded
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Year Founded

2013

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Location

Oakland, California

Company Website

Absinthia’s Bottled Spirits is raising funds on CrowdFund Mainstreet. The company makes and sells organic absinthe using certified organic ingredients. The absinthe of Absinthia’s Bottled Spirits is naturally sweet, delicious, and easy to drink and uses organic herbs and biodynamic grape alcohol. Absinthia’s Bottled Spirits has over 50 high-end customers and has won six awards, including three gold medals. J. Absinthia Vermut founded Absinthia’s Bottled Spirits in July 2013. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used to hire a food and beverage specialist PR firm, travel for trade shows, and hire salespeople.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$21,962

$5,355

COGS

$26,710

$10,164

Tax

$2,396

$1,446

 

 

Net Income

$-53,167

$-16,774

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,796

$4,326

Accounts Receivable

$3,246

$1,248

Total Assets

$6,542

$7,074

Short-Term Debt

$7,106

$5,299

Long-Term Debt

$11,654

$0

Total Liabilities

$18,760

$5,299
Financials as of: 03/26/2019
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Absinthia’s Bottled Spirits on CrowdFund Mainstreet 2019
Platform: CrowdFund Mainstreet
Security Type: Revenue Share

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