GAMA MORINGA BRANDS
Tea
Overview
Raised: $2,000
Total Commitments ($USD)
Platform
MainVest
Start Date
11/21/2023
Close Date
01/26/2024
Min. Goal
$100,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Revenue Share
Series
Pre-Seed
SEC Filing Type
RegCF
Return Multiple
1.50X
Rev. Share %
2.25%
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
55
% of Min. Goal
2%
% of Max. Goal
2%
Likelihood of Max
Avg. Daily Raise
$182
# of Investors
2
Momentum
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Year Founded
2021
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
GAMA MORINGA BRANDS is raising funds on MainVest. It is a food and beverage company that specializes in all things moringa. GAMA MORINGA BRANDS’ flagship product is a ready-to-drink moringa tea that contains vitamins, minerals, and antioxidants, with low calories, low sugar, and zero caffeine. The business sells through multiple retailers in Texas and across the nation online and is set to launch at HEB, Kroger, Market Street, and Whole Foods in 2024. Moussoulimi Bah-traore founded GAMA MORINGA BRANDS in November 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $124,000. The campaign proceeds will be used for inventory and supplies purchase, marketing, insurance, legal and professional fees, warehouse storage fees, rent, and utilities.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$15,940 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-42,135 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/21/2023
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