American Quatervois
When It Comes To Your Eyes, We've Got You Covered!
Overview
Raised: $52,500
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/27/2023
Close Date
03/01/2024
Min. Goal
$50,000
Max. Goal
$1,230,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
2.00X
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/09/2023
Days Remaining
83
% of Min. Goal
105%
% of Max. Goal
4%
Likelihood of Max
Avg. Daily Raise
$719
Momentum
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Year Founded
2023
Industry
Consumer Products, Goods & Services
Tech Sector
Retailtech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
American Quatervois is raising funds on Wefunder. The company sells solar eclipse glasses that are safe and certified. American Quatervois’ solar eclipse glasses are American-made and ISO CE certified and enable people to view solar eclipse while protecting their eyes. The business sells through its own website and Amazon storefront and is prepared to sell a lot of its glasses as 500 million people in North America will be in the eclipse path in April 2024. James Reed founded American Quatervois in February 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.23 million. The campaign proceeds will be used for legal and accounting expenses, website and IT support, advertising, payroll, and eclipse glasses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-23,701 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$1,000 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,000 |
$0 |
|
Short-Term Debt |
$23,701 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$23,701 |
$0 |
Financials as of: 09/27/2023
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