CMN
Early Stage
Turnkey digital marketing and data collection platforms
Overview
Raised: $15,158
Total Commitments ($USD)
Platform
Netcapital
Start Date
05/09/2022
Close Date
02/23/2024
Min. Goal
$10,001
Max. Goal
$1,249,999
Min. Investment
$101
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$2.40
Pre-Money Valuation
$25,200,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
83
% of Min. Goal
152%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$27
Momentum
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Year Founded
2022
Industry
Marketing & Advertising
Tech Sector
AdTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
CMN, with a valuation of $25.2 million, is raising funds on NetCapital. The company has developed digital marketing and data collection platforms for media lifestyle markets. The first platform of CMN, WeedTV, caters to cannabis enthusiasts and helps in an interactive social media experience. The offerings of WeedTV include creative experiences, exclusive offers, entertainment, special events, and information. Mark Bradley founded CMN in January 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,249,999. The campaign proceeds will be used for sales and marketing, technology development, management and staff, and general and administrative expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$2,301 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-399,880 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$704 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$704 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$10,000 |
$0 |
|
Total Liabilities |
$10,000 |
$0 |
Financials as of: 05/09/2022
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