Stenergy

Early Stage

Committed Towards Health and Energy

Overview

Platform

Andes Capital

Start Date

11/23/2022

Close Date

09/30/2023

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$8.00

Pre-Money Valuation

$5,000,000

Year Founded

2013

Industry

Healthcare & Pharmaceuticals

Tech Sector

Biotech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Lexington, Kentucky

Business Type

Growth

Stenergy, with a valuation of $5 million, is raising funds with Andes Capital Group as the Broker-Dealer. The company is dedicated to improving the health of people and the community with its glucose control supplements. The supplements are sold under the name GluCora and provide support for healthy glucose metabolism. GluCora contains Banaba leaf extract as a natural bioactive constituent and helps in lowering fasting blood glucose levels and blood glucose levels after a carbohydrate-rich meal and improving clinical symptoms of diabetes. Samuel J. Butero founded Stenergy in April 2013. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.07 million. The campaign proceeds will be used for debt paydown, inventory, marketing, reserve, and office and fulfillment space.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$41,752

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-97,620

$-31,228

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,634

$260

Accounts Receivable

$0

$0

Total Assets

$3,121,634

$260

Short-Term Debt

$205,343

$45,581

Long-Term Debt

$0

$0

Total Liabilities

$205,343

$45,581

Financials as of: 11/23/2022
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Stenergy on Andes Capital Group 2022
Platform: Andes Capital
Security Type: Equity - Common
Valuation: $5,000,000

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