MeatSoHorny

MeatSoHorny

Early Stage

Rub Your Meat And Squirt

Rub Your Meat And Squirt

Overview

Raised this Round: Raised: $632,715

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/31/2023

Close Date

04/03/2023

Min. Goal
$9,998
Max. Goal
$1,234,998
Min. Investment

$101

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.14

Pre-Money Valuation

$14,980,000

Year Founded

2022

Industry

Food, Beverage, & Restaurants

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Indian Trail, North Carolina

Business Type

Growth

MeatSoHorny, with a valuation of $14.98 million, is raising funds on StartEngine. The company makes unique and delicious BBQ rubs, spices, and hot sauces. The MeatSoHorny products include 11 rubs, five hot sauces, and three smoked salts, and are edgy, tasty, and offer a variety of flavors to grilling rockstars, cooks, and friends. MeatSoHorny has a loyal customer base with 7.5 million social media followers and has achieved a 1,773% year-over-year growth in unit sales. Robert Gilbert and Gary Marandola founded MeatSoHorny in November 2022. The current crowdfunding campaign has a minimum target of $9,998.08 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, inventory, company employment, and working capital.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$31,598

$5,494

COGS

$78,006

$21,862

Tax

$0

$0

 

 

Net Income

$-88,155

$-39,730

Summary Balance Sheet

FY 2021 FY 2020

Cash

$8,015

$1,629

Accounts Receivable

$0

$0

Total Assets

$8,015

$1,629

Short-Term Debt

$7,185

$18,781

Long-Term Debt

$0

$0

Total Liabilities

$7,185

$18,781

Financials as of: 01/31/2023
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MeatSoHorny on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $14,980,000
Price per Share: $2.14

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