Drs Diet
Growth Stage
Lose Weight. Save Money.
Overview
Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
EnterpriseTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Drs Diet is raising funds independently through Reg A+ crowdfunding. The company has developed an app that helps users manage weight loss. The app helps users in keeping a written food diary and managing what they eat and drink. The documentation of calorie intake helps in reducing the food intake. Additionally, the analysis of patients’ food diaries also enables healthcare providers to make modest changes in food intake to lead to significant weight loss. Dr. Baldev Sandhu founded Drs Diet in January 2022. The current crowdfunding campaign has a maximum target of $5,000,000. The campaign proceeds will be used for the inventory of liquid meal replacement drinks, improvement of the app, hiring, marketing, and working capital.
Balance Sheet
Cash and Cash Equivalents |
$4,125 |
Total Assets |
$4,125 |
Long Term Debt |
$0 |
Total Stockholders' Equity |
$4,125 |
Total Liabilities and Equity |
$4,125 |
Statement of Comprehensive Income Information
Costs & Expenses Applicable to Rev |
$2,031 |
Net Income |
$-2,031 |
Earnings Per Share - Basic |
$0.00 |
Earnings Per Share - Diluted |
$0.00 |
Auditor: Heaton & Company, PLLC
Financials as of: 07/19/2022
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