American Eli Truck Network
Early Stage
A Network for all who seek a path of progress and purpose
Overview
Raised: $0
Total Commitments ($USD)
Platform
PicMii
Start Date
01/07/2024
Close Date
04/25/2024
Min. Goal
$10,000
Max. Goal
$124,000
Min. Investment
$250
Security Type
Convertible Note
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$15,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/25/2024
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2022
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
American Eli Truck Network, with a valuation of $15 million, is raising funds on PicMii. The company provides reliable full truck load freight transportation services for owners, manufacturers, and distributors. American Eli Truck Network provides seamless and efficient interstate freight transportation solutions and is also focused on driver satisfaction. The business handles all freight with the utmost care and hauls loads from coast to coast to all 48 continental US states. Christopher Gokool-John founded American Eli Truck Network in June 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used for trucks, insurance, plates, decals, attorney fees, and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$576,248 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$7,236 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$37,000 |
$0 |
|
Accounts Receivable |
$576,248 |
$0 |
|
Total Assets |
$644,523 |
$0 |
|
Short-Term Debt |
$608,523 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$608,523 |
$0 |
Financials as of: 01/07/2024
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