Overview
Raised: $235,192
Total Commitments ($USD)
Platform
Wefunder
Start Date
09/21/2023
Close Date
01/21/2024
Min. Goal
$100,000
Max. Goal
$4,564,453
Min. Investment
$100
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.25
Pre-Money Valuation
$8,763,182
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/09/2023
Days Remaining
43
% of Min. Goal
235%
% of Max. Goal
5%
Likelihood of Max
Avg. Daily Raise
$2,977
Momentum
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Year Founded
2020
Industry
Media, Entertainment & Publishing
Tech Sector
MediaTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Pharma, with a valuation of $8.76 million, is raising funds on Wefunder. It is a film based on the true story of Dr. Frances “Frankie” Kelsey, who fought to keep a dangerous drug from being approved for the US market. Frankie risked her career and family, waged war against big Pharma in 1960, and resisted threats from inside the FDA. Ashley Bratcher founded Pharma in March 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $4.6 million. The campaign proceeds will be used for marketing, hiring key personnel, crew and production costs, and post-production costs.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-25,080 |
$-18,425 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$14,869 |
$102,454 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$148,184 |
$173,204 |
|
Short-Term Debt |
$60 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$60 |
$0 |
Financials as of: 09/21/2023
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