Protochol Beverage
Spiked Protein
Overview
Raised: $19,690
Total Commitments ($USD)
Platform
Honeycomb
Start Date
05/11/2023
Close Date
06/26/2023
Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment
$100
Security Type
Debt
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/09/2023
Days Remaining
17
% of Min. Goal
33%
% of Max. Goal
16%
Likelihood of Max
Avg. Daily Raise
$679
# of Investors
41
Momentum
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Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Non-Tech
Location
ERIE, Pennsylvania
Protochol Beverage is raising funds on Honeycomb. The company has created a unique line of beverages that combine protein with alcohol to create spiked protein. The beverages of Protochol Beverage contain 8% ABV and 11gm protein in a 16oz drink and come with a light texture and a tropical fruit taste. Protochol Beverage works for people with active lifestyles who want to enjoy themselves along with getting their protein to refuel. Mitch Clark founded Protochol Beverage in July 2020. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing and operations.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$94,712 |
$1,144 |
|
COGS |
$124,394 |
$2,883 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-139,577 |
$-74,273 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$35,249 |
$66,605 |
|
Accounts Receivable |
$816 |
$0 |
|
Total Assets |
$76,264 |
$118,930 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$109,797 |
$25,797 |
|
Total Liabilities |
$109,797 |
$25,797 |
Financials as of: 05/11/2023
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