{"data":{"type":"company_profile","id":27743,"entity_id":"wefunder:company:27743","attributes":{"canonical_url":"https://wefunder.com/cocotaps","generated_at":"2026-06-14T17:21:20Z","updated_at":"2026-06-14T05:02:32Z","entity_ids":{"company":"wefunder:company:27743","slug":"wefunder:company_slug:cocotaps"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-14T17:21:20Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-14T05:02:32Z","as_of":"2026-06-14T17:21:20Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-14T05:02:32Z","as_of":"2026-06-14T17:21:20Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-14T17:21:20Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-14T17:21:20Z","confidence":"medium"}}},"company":{"id":27743,"entity_id":"wefunder:company:27743","slug":"cocotaps","name":"CocoTaps","tagline":"Ultimate Vacation Beverage, 1st Zero Waste company in the state of Nevada","elevator_pitch":"CocoTaps provides the freshest 100 percent pure coconut water straight from the Coconut source\u0026nbsp;in its original natural packaging. CocoTaps has a patented invention and system that eliminates the need for processing and wasteful packaging that is polluting our ecosystems. Cocotaps has designed a way to deliver the freshest direct to over 20 resorts, 60 restaurants, and 40 convenience stores in Las Vegas, California\u0026nbsp;and Arizona.\u0026nbsp;","location":"Las vegas, NV","website":"https://cocotaps.com/","total_amount_raised":66659,"total_investors":88,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/cocotaps","https://cocotaps.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/27743/xxl_cropped_hero.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/27743/large_cropped_logo.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/27743/standard_cropped_hero.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/27743/standard_cropped_hero.jpg"},"links":{"company_url":"https://cocotaps.com/","twitter_url":"http://twitter.com/cocotapsforyou","facebook_url":"https://www.facebook.com/CoCoTapsForYou/","instagram_url":"https://www.instagram.com/cocotapsforyou/","youtube_url":"https://www.youtube.com/channel/UCF6X80zNPMFKY3fMvD8FYig","blog_url":"https://cocotaps.com/blogs/news"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"166,488 total Tapped\u0026nbsp;coconuts sold."},{"index":2,"claim_id":"claim-fact-2","value":"Selling 200 cases of Tapped coconuts a week, 2.5x more than last year.\u0026nbsp;"},{"index":3,"claim_id":"claim-fact-3","value":"$832,440 total sales since 2016."},{"index":4,"claim_id":"claim-fact-4","value":"Sold in 20+ Las Vegas resorts, 60 restaurants, and 40 convenience stores\u0026nbsp;including Aria, Bellagio, Caesar's Entertainment, Wynn, Waldorf Astoria, Cosmopolitan Las Vegas, Core-Mark International and\u0026nbsp;many more.\u0026nbsp;"},{"index":5,"claim_id":"claim-fact-5","value":"Coconut water market is $2.2 billion.\u0026nbsp;"},{"index":6,"claim_id":"claim-fact-6","value":"Processed and packaged competitor Vita Coco made $1 billion in 2017."},{"index":7,"claim_id":"claim-fact-7","value":"Certified Zero Waste and minority-owned company. Pursuing B Corp certification."}],"team":[{"id":305761,"entity_id":"wefunder:company_role:305761","role":"employee","name":"Rob McConnell","title":"Director of Sales","bio":"Over 25 years experience in the Beverage Industry specializing in Sales \u0026amp; Operations (contract)","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/305761/square_cropped_rob.jpg?1537300916","linkedin_url":"https://www.linkedin.com/in/rob-mcconnell-1016087a/","related_urls":[]},{"id":305768,"entity_id":"wefunder:company_role:305768","role":"employee","name":"Tyler Williams ","title":"Advisory Board Member","bio":"Co-founder \u0026amp; VP of Business Development Food and Beverage Innovations \"AKA Jevo\", Angel Investor","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/305768/square_cropped_tyler.jpg?1534278903","linkedin_url":"https://www.linkedin.com/in/tyler-williams-476283101/","related_urls":[]},{"id":305769,"entity_id":"wefunder:company_role:305769","role":"employee","name":"Joe Cancino","title":"Operations Manager","bio":"Operations Manager with expertise in Forecasting and Customer Service (contract)","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/305769/square_cropped_joe.jpg?1537300924","linkedin_url":"https://www.linkedin.com/in/joe-cancino-2ab13612a/","related_urls":[]},{"id":277388,"entity_id":"wefunder:company_role:277388","user_entity_id":"wefunder:user:96747","role":"founder","name":"Vincent Zaldivar","title":"CEO","bio":"Eco Inventor and responsible entrepreneur, Founded/funded numerous business ventures over 15 years","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/277388/square_cropped_unspecified_grande.jpg?1677789458","profile_url":"https://wefunder.com/vincentzaldivar","personal_url":"http://Cocotaps.com","linkedin_url":"https://www.linkedin.com/in/vincent-zaldivar-cocovinny-99677b6/","related_urls":["https://wefunder.com/vincentzaldivar","http://Cocotaps.com"]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":6,"ask_questions":19,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":19201,"entity_id":"wefunder:fundraise:19201","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2018-09-21T20:04:16Z","funding_closed_at":"2019-03-21T04:00:56Z","auto_close_at":"2019-03-21T03:59:59Z"}],"latest_fundraise":{"id":19201,"entity_id":"wefunder:fundraise:19201","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2018-09-21T20:04:16Z","funding_closed_at":"2019-03-21T04:00:56Z","terms":{"eb":"$4M","nb":"$5M","txt":"valuation cap"}},"recent_posts":[{"id":164845,"entity_id":"wefunder:feed_item:164845","type":"FeedItem::Update","visibility":"public","title":"CocoLove is here to stay! 🥥❤️🤙🏼","preview":"Aloha CocoTaps Shareholders,I hope that you are having a wonderful 2024. Our team is very excited about the amazing growth and momentum that we have generated, and for what is in store in 2024.Since launching CocoLove Coconut Water in May of this year, we have received serious recognition among retailers, key distributors, and brokers both regionally and nationally.This excitement and energy will be our springboard into 2024. This will also be the inflection point for the company and another ...","published_at":"2024-03-15T06:58:36Z","author_name":"Vincent Zaldivar","url":"/feed/164845","canonical_url":"https://wefunder.com/feed/164845"},{"id":134647,"entity_id":"wefunder:feed_item:134647","type":"FeedItem::Update","visibility":"public","title":"CocoTaps Shareholder Updates","preview":"We are super excited to be coming out of Quarantine in Las Vegas and although it’s been super challenging we are proud to announce so many new updates. During the past 3 months we’ve purchased a beverage robotics company. This new CocoTaps\u0026nbsp;CocoRobotics team has been hard at work building our Coco Tapomatic machine that will be able to custom\u0026nbsp;laser brand on demand, tap, and make coconut cocktails in less than 25 seconds. We are super excited to be unveiling the Coco\u0026nbsp;Tapomatic\u0026nb...","published_at":"2020-06-17T06:14:11Z","author_name":"Vincent Zaldivar","url":"/feed/134647","canonical_url":"https://wefunder.com/feed/134647"},{"id":100125,"entity_id":"wefunder:feed_item:100125","type":"FeedItem::Update","visibility":"public","title":"2020 updates for CocoTaps","preview":"Coconuts it’s been a whirlwind couple of years. Just to keep everyone in the know this past year we grew the company sales revenues\u0026nbsp;over 60 percent and were featured on the hit CNBC TV show The Profit with Marcus Lemonis. Here’s a link to the preview\u0026nbsp;below. In addition we are close to launching our fresh tapped branded coconuts into the CruiseShip industry which we estimate will grow revenues this year in 2020 over 200-300 percent. There’s lots of exciting territory\u0026nbsp;licensing o...","published_at":"2020-02-21T15:47:32Z","author_name":"Vincent Zaldivar","url":"/feed/100125","canonical_url":"https://wefunder.com/feed/100125"},{"id":99732,"entity_id":"wefunder:feed_item:99732","type":"FeedItem::Update","visibility":"public","title":"Coco Taps Coco Crew and Investor Community Updates","preview":"This week we are proud to report that we recently hired our first Coco CFO, Erik Senko.\u0026nbsp; Erik co-founded a very successful hedge fund in Hong Kong and has two decades of international asset management experience.\u0026nbsp; Erik will be responsible for managing Coco Taps finances and for helping the team set and track financial goals and budgets.\u0026nbsp; As we continue to encounter financial risks and opportunities, he will oversee and manage the business alongside Coco Vinny, our Chief Coconut...","published_at":"2019-01-21T16:54:39Z","author_name":"Vincent Zaldivar","url":"/feed/99732","canonical_url":"https://wefunder.com/feed/99732"},{"id":95796,"entity_id":"wefunder:feed_item:95796","type":"FeedItem::Update","visibility":"public","title":"Coco Taps Investor Community Updates:","preview":"This week we are proud to report that in the past 3 weeks we have acquired a record amount of new customers. In fact over 78 new locations to be exact.\u0026nbsp; 7-Eleven one of the the worlds largest convenient store chain is one of the many new retail locations that is now serving our fresh tapped coconuts. This is one targeted niche we are motivated about. In addition Am/Pm is also another group that began selling our coconuts with amazing success. These new accounts will be responsible for up...","published_at":"2018-11-29T16:53:53Z","author_name":"Vincent Zaldivar","url":"/feed/95796","canonical_url":"https://wefunder.com/feed/95796"},{"id":95795,"entity_id":"wefunder:feed_item:95795","type":"FeedItem::Update","visibility":"public","title":"Coco Taps Coco crew and Investor community updates","preview":"This week we are proud to report\u0026nbsp; we raised $11,700 from 17 new shareholders.\u0026nbsp;We have also been awarded the TRUE Zero Waste Certification and we are now proud to say we are the first Zero Waste Certified company in the State of Nevada.We also got a handful of new customers that are going to really help bring more sales growth. The Palms Hotel and Casino and over 35 new retail locations have started selling our fresh tapped coconuts and are showing amazing velocity and turn.From ever...","published_at":"2018-10-11T06:01:35Z","author_name":"Vincent Zaldivar","url":"/feed/95795","canonical_url":"https://wefunder.com/feed/95795"}],"q_and_a":[{"id":34800,"entity_id":"wefunder:comment:34800","question":"Do you intend to pay a dividend?","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2019-02-11T20:00:18Z","canonical_url":"https://wefunder.com/cocotaps#question-34800","answers":[{"id":34801,"entity_id":"wefunder:comment:34801","answer":"Great question Craig yes we intent to pay solid dividends out of cash flow annually or semi annually.\u0026nbsp;CocoLove\u0026nbsp;CocoVinny🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":1,"created_at":"2019-02-11T20:06:31Z"}]},{"id":28709,"entity_id":"wefunder:comment:28709","question":"Planning to invest in CocoTaps. A suggestion for your website: a 'Where To Buy' page. If these are sold in retail locations, it would be great to look them up. For example, where can I buy them in Arizona? Thanks!","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2018-10-08T13:48:35Z","canonical_url":"https://wefunder.com/cocotaps#question-28709","answers":[{"id":28710,"entity_id":"wefunder:comment:28710","answer":"Craig great suggestion. Yes that’s in our plan we are looking for the right distribution partners to help us sell the tool kits in retail and are going to be adding this product map soon. Looking forward to having you a part of this Coco American Dream.\u0026nbsp;CocoVinny 🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-10-08T13:55:27Z"}]},{"id":28676,"entity_id":"wefunder:comment:28676","question":"What are your margins like on the two revenue streams (coconuts and tools)?","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2018-10-08T01:56:43Z","canonical_url":"https://wefunder.com/cocotaps#question-28676","answers":[{"id":28708,"entity_id":"wefunder:comment:28708","answer":"Craig great question. Currently our cost per coconut is $25 per case branded and tapped and we sell a case for $45-$55 so profit oerbcase is $20-$30. Our tool kits are made for $6.50 and we sell those for $24.95 so we make $18.45 per unit. Thanks for your questions looking forward to having a fresh Tapped coconut with you someday.\u0026nbsp;CocoVinny🌴❤️","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-10-08T13:36:27Z"}]},{"id":68144,"entity_id":"wefunder:comment:68144","question":"I'm interested. What is the current valuation on the business and the Annual Dividend Rate? Thanks Anthony","author_name":"Anthony Sapochetti Jr.","votes":0,"created_at":"2019-11-07T01:32:56Z","canonical_url":"https://wefunder.com/cocotaps#question-68144","answers":[{"id":68148,"entity_id":"wefunder:comment:68148","answer":"Anthony please email us this is an old offering page cocovinny@cocotaps.com​","author_name":"Vincent Zaldivar","votes":0,"created_at":"2019-11-07T02:27:09Z"}]},{"id":58923,"entity_id":"wefunder:comment:58923","question":"If I wanted to Invest a great sum of money, how much would I be able to contact you or your company to speak with someone directly?","author_name":"Kevin Pulley","votes":0,"created_at":"2019-08-04T18:25:07Z","canonical_url":"https://wefunder.com/cocotaps#question-58923","answers":[]},{"id":33894,"entity_id":"wefunder:comment:33894","question":"Thanks Coco Vinny. When can we expect the coconuts to be in stores in the Northeast? Right now I only see deliveries in bulk.","author_name":"Umair Shams","votes":0,"created_at":"2019-01-25T03:20:37Z","canonical_url":"https://wefunder.com/cocotaps#question-33894","answers":[]},{"id":33870,"entity_id":"wefunder:comment:33870","question":"I am glad to see you are a B Corp. Do you plan on selling mixed alcoholic beverages? I am asking as I am an ethical investor staying away form alcohol type products.","author_name":"Umair Shams","votes":0,"created_at":"2019-01-24T19:45:12Z","canonical_url":"https://wefunder.com/cocotaps#question-33870","answers":[{"id":33880,"entity_id":"wefunder:comment:33880","answer":"Umair,Great question... We don’t sell any alcohol products and nor do we plan on selling alcohol. Our customers once they buy our coconuts are sometimes going to mix our fresh coconut water with other spirits and make their own coconut cocktails but as far as our company profiting from alcohol we don’t have those licenses nor do we want to obtain the rights to sell alcohol. We are strictly focused on delivering the freshest ZeroWaste coconut water in nature’s packaging and we want to change the world one fresh tapped\u0026nbsp;coconut\u0026nbsp;at a time.\u0026nbsp;Looking forward to seeing your investment come in and having you in as a shareholder!!!\u0026nbsp;CocoLove\u0026nbsp;CocoVinny🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":1,"created_at":"2019-01-24T21:00:56Z"}]},{"id":33869,"entity_id":"wefunder:comment:33869","question":"In your form C or financial statements it mentions that the company owns a restaurant called The Empanada Shop. Why do you own such an entitity and are you planning to sell it any time soon? Seems a bit strange.","author_name":"Umair Shams","votes":0,"created_at":"2019-01-24T19:43:28Z","canonical_url":"https://wefunder.com/cocotaps#question-33869","answers":[{"id":33877,"entity_id":"wefunder:comment:33877","answer":"Uimair,Great question we actually don't own the whole Empanada\u0026nbsp;company we own a small 25 percent stake in The Empanada Shop. It was an investment that I personally had\u0026nbsp;made before CocoTaps had officially launched. Since it was an asset on our corporate\u0026nbsp;balance sheet rather than spend more money to remove it we just left it in our list of assets as added value.\u0026nbsp;Just so you know The Empanada Shop is the only USDA\u0026nbsp;Certified Organic\u0026nbsp;Empanada and tamale\u0026nbsp;company in southern\u0026nbsp;California and they serve only the freshest ingredients and care about healthy people, planet, and profits like us here at Coco Taps. In addition there's even more synergy because\u0026nbsp;they are going to be serving our fresh tapped coconuts as soon as we open up our tapping center in California. Currently we are servicing the Las Vegas Strip and surrounding community.Looking forward to seeing you as a shareholder soon.\u0026nbsp;CocoLove\u0026nbsp;CocoVinny🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":0,"created_at":"2019-01-24T20:17:40Z"}]},{"id":33780,"entity_id":"wefunder:comment:33780","question":"The way you shape the coconuts, is that your design or can a Company like Vita take that from you and take over your market? Will you do private Label to bigger Company?...love the idea, keep it up bro.","author_name":"Clifford Abraham","votes":0,"created_at":"2019-01-23T13:56:37Z","canonical_url":"https://wefunder.com/cocotaps#question-33780","answers":[{"id":33782,"entity_id":"wefunder:comment:33782","answer":"Clifford,Great question this shape and design is called the diamond cut. It’s not something that proprietary but we do have IP around our taps and the way we see the market growing that there’s room for many players in the space. Similar to how many car companies there are out there in the world. We like to see ourselves as collaborators and problem solvers instead of competitors.\u0026nbsp;Looking forward to seeing your name on the shareholder list.\u0026nbsp;CocoLoveCocoVinny🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":1,"created_at":"2019-01-23T15:31:17Z"}]},{"id":33291,"entity_id":"wefunder:comment:33291","question":"Thinking about tossing in $2,500. When do you think the campaign will close, CocoVinny?","author_name":"Tim Mayeur","votes":0,"created_at":"2019-01-14T04:09:17Z","canonical_url":"https://wefunder.com/cocotaps#question-33291","answers":[{"id":33292,"entity_id":"wefunder:comment:33292","answer":"Timothy we are going to close the campaign soon not sure exactly when but a couple months more at the latest. Looking forward to having you in as a partner.\u0026nbsp;CocoLoveCocoVinny🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":0,"created_at":"2019-01-14T04:17:44Z"}]},{"id":32342,"entity_id":"wefunder:comment:32342","question":"CocoVinny, which are the percentage in cost represent the plastic part of the tap?","author_name":"Eligio Molina","votes":0,"created_at":"2018-12-23T22:55:11Z","canonical_url":"https://wefunder.com/cocotaps#question-32342","answers":[{"id":32345,"entity_id":"wefunder:comment:32345","answer":"Eligio,Great question currently out Tap is Approximately 12-15 percent of our total cost of goods so around $.35 cents per tap and cap of the whole unit cost. We are also creating an alternate material that will eliminate plastics entirely so hopefully by next year in 2019 we will have a tap that’s completely #Zerowaste and won’t harm the ecosystem at all if they are\u0026nbsp;not reused or recycled. Here’s an article that we were mentioned in this past week.\u0026nbsp;https://www.environmentalleade...Talk soon hopefully we will see you and all your friends investing in our project before the new year. Happy Holidays 🙏🏼🤙🏼❤️🥥CocoLoveCocoVinny🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-12-23T23:21:04Z"}]},{"id":32062,"entity_id":"wefunder:comment:32062","question":"Really like to invest but what happens with my investment if you dont raise min 50k ? Money back or lower min. Target ?","author_name":"Yves Maeder","votes":0,"created_at":"2018-12-19T00:44:42Z","canonical_url":"https://wefunder.com/cocotaps#question-32062","answers":[{"id":32065,"entity_id":"wefunder:comment:32065","answer":"Yves,Great question. We actually just got confirmation that an investor will be posting up over $35,000 soon in the new year so we will definitely be reaching our minimum\u0026nbsp;goal of $50,000 but just in case for some reason we don’t reach the minimum all the funds are returned and\u0026nbsp;go back to the original investors. Since we still have at least a couple more months we anticipate we will definitely reach our goal. The company is gaining lots of new accounts each week and we are super excited for the growth and updates ahead in 2019. Thanks for you support and we look forward to having you as an investor and partner.\u0026nbsp;CocoLove\u0026nbsp;CocoVinny 🌴❤️🙏🏼🤙🏼","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-12-19T05:01:03Z"}]},{"id":31790,"entity_id":"wefunder:comment:31790","question":"The SAFE lists \"Monarch Media\" not CoCoTaps. Does Monarch Media have full ownership and rights to all CoCoTaps products and their financial value until a liquidation event?","author_name":"Carl Hayes","votes":0,"created_at":"2018-12-12T16:35:27Z","canonical_url":"https://wefunder.com/cocotaps#question-31790","answers":[{"id":31791,"entity_id":"wefunder:comment:31791","answer":"Yes Monarch Media LLC is the holding company that has all patent, trademark, and DBA right to Coco Taps 🌴❤️CocoLoveCocoVinny 🌴❤️🥥","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-12-12T16:42:47Z"}]},{"id":31785,"entity_id":"wefunder:comment:31785","question":"For branded coconuts, are those the 1) actual coconuts in your photos that still contain their own water or 2) do you create coconut containers, brand them and then fill with the coconut water? I'm trying to understand how the actual coconut gets branded and polished while containing its water inside or it's filled later during your manufacturing process. Thanks.","author_name":"Carl Hayes","votes":0,"created_at":"2018-12-12T15:35:24Z","canonical_url":"https://wefunder.com/cocotaps#question-31785","answers":[{"id":31789,"entity_id":"wefunder:comment:31789","answer":"Carl great question, we have developed the first #zerowaste certified production systems for coconuts. What you see branded is the actual coconut and we simply add our patented Coco tap and brand the coconuts with our hot branding plates. No\u0026nbsp;additional container\u0026nbsp;is made and yes it’s the freshest coconut water made from nature. We are partnering with Mother Nature and using her original packaging. We are against any and all extra man made manufacturing and are super passionate about inspiring circular economic designs for a cleaner more productive future. We hope you become apart of our coco family of shareholders and help us spread this cocorevolution by sharing the wefunder.com/CocoTaps link.\u0026nbsp;CocoLove\u0026nbsp;CocoVinny🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-12-12T16:10:36Z"}]},{"id":31212,"entity_id":"wefunder:comment:31212","question":"CocoVinny, I got another question! Do you intend to make a new tool to bust up the coconut after you drink the water? So everyone could eat the coconut meat preferably with ease. I'll be stoked to get the meat and the drink after all!","author_name":"Jennifer Zachey","votes":0,"created_at":"2018-12-01T04:23:00Z","canonical_url":"https://wefunder.com/cocotaps#question-31212","answers":[{"id":31213,"entity_id":"wefunder:comment:31213","answer":"Jennifer first let me apologize for calling you Jeff in the last reply. Autocorrect got me good on that one. We actually have a super easy and simple way to get the meat out of the coconut. Here’s a link to our Instagram highlight that shows you how easy it is.\u0026nbsp;https://www.instagram.com/s/aG...Please let me know any other questions!\u0026nbsp;CocoLove\u0026nbsp;CocoVinny 🌴❤️🤙🏼🌎","author_name":"Vincent Zaldivar","votes":1,"created_at":"2018-12-01T04:30:00Z"}]},{"id":31083,"entity_id":"wefunder:comment:31083","question":"Mind me asking, but when will you close your seeding round? And what will you do if you don't raise the 50k?","author_name":"Jennifer Zachey","votes":0,"created_at":"2018-11-29T17:39:10Z","canonical_url":"https://wefunder.com/cocotaps#question-31083","answers":[{"id":31092,"entity_id":"wefunder:comment:31092","answer":"Jeff great question we are going to close the round in the next few months. We’ve been growing like crazy and I’ve decided to simply focus our teams efforts and time\u0026nbsp;on sales which are scaling rapidly so if the investors don’t come it’s fine. We opened this round to learn about this whole crowdfunding strategy and so far it’s okay but we thought we would get many more people interested.\u0026nbsp;CocoLove\u0026nbsp;CocoVinny 🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":1,"created_at":"2018-11-29T21:17:34Z"}]},{"id":29121,"entity_id":"wefunder:comment:29121","question":"If I put coconuts in my moose shorts, will I be able to see my toe?","author_name":"Cortney Smith","votes":0,"created_at":"2018-10-18T19:32:55Z","canonical_url":"https://wefunder.com/cocotaps#question-29121","answers":[{"id":29122,"entity_id":"wefunder:comment:29122","answer":"Lmfno!!! CocoCortney we haven’t tried this yet but we will try it and get back to you. \u0026nbsp;Please invest whatever you can spare we would love to have you as a partner.\u0026nbsp;","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-10-18T19:44:42Z"}]},{"id":28298,"entity_id":"wefunder:comment:28298","question":"Hi, congrats on your success so far. This presentation is well done. I do share Barnaby's concern about the SAFE not converting, but I appreciate your answer. Quick questions: How does your price point compare with both direct competitors and also other options a consumer might choose similar to coconut water? Can you say more about your potential patent and why it gives you an advantage, plus anything else that gives you an advantage against others who are in or might enter the coconut water space? Finally, this presentation does a lot to show that you took the advice of the sharks (and kept what they liked!), but can you more specifically address what you've done regarding tightening up the business plan and making sure distribution limits won't hinder growth? Thanks!","author_name":"Alan Jacobson","votes":0,"created_at":"2018-09-30T11:07:13Z","canonical_url":"https://wefunder.com/cocotaps#question-28298","answers":[{"id":28315,"entity_id":"wefunder:comment:28315","answer":"Alan great to meet you. We have both utility patents and trademarks as it pertains to the coconut water removal system we have intellectual property around. In addition we have many other trade secret systems for high volume production\u0026nbsp;that we will be filing patents for post funding.\u0026nbsp;As far as the market currently the coconut water market is growing at a rate of 26 percent year over year and is showing no signs of decline. Our competitive edge is simple we have the only certified Zero Waste coconut water beverage system in the country and you can literally see and taste the difference. We eliminate the plastic tetra packs and plastic bottles that are polluting our ecosystems including landfills and oceans. We have a long term plan to vertically integrate our supply chains by eventually owning the our own\u0026nbsp;farms eventually that supply our coconuts.\u0026nbsp;We are dominating a niche as the Ultimate Vacation Beverage and\u0026nbsp;that will grow right into the mainstream. Our margins and cost of good are becoming better and better as we scale.\u0026nbsp;I hope\u0026nbsp;that answers your questions and look forward to having you apart of our project and seeing your name on our investor list soon.\u0026nbsp;CocoLove\u0026nbsp;CocoVinny🌴❤️","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-09-30T16:45:23Z"}]},{"id":28289,"entity_id":"wefunder:comment:28289","question":"Hi Vincent - great concept and I like that you're lean enough to be profitable with your limited sales volume. What scares me as an investor is the very real likelyhood that the SAFE would never convert...leaving us investors hanging out to dry. For the benefit of other investors that may not have read Section 8 of the SEC Form C, it states \"The Company may never receive a future equity financing or elect to convert the Securities upon such future financing. In addition, the Company may never undergo a liquidity event such as a sale of the Company or an IPO. If neither the conversion of the Securities nor a liquidity event occurs, the Purchasers could be left holding the Securities in perpetuity. The Securities have numerous transfer restrictions and will likely be highly illiquid, with no secondary market on which to sell them. The Securities are not equity interests, have no ownership rights, have no rights to the Company’s assets or profits and have no voting rights or ability to direct the Company or its actions.\" Further to the above, under the section \"runway and short/mid-term expenses\" you state \"The company is currently profitable. If this raise is successful, we will not plan to raise more money in the near future. From there, although we cannot guarantee it, we expect to be able to grow the company using cash flow. We have other investors that are interested that we could rely on for further capital, or we may continue to bootstrap the operation.\" Given the above, can you please explain how a SAFE agreement works for us investors in this scenario? Wouldn't a straight equity (stock) offering been tidier in your situation, or a combination (hybrid) revenue share w/equity contract serve investor interests more equitably? Also..when does the patent that you've acquired (I assume for the spout/cap mechanism?) expire, and what are the risks thereafter? Your thoughts to this amateur investor are most welcome. Thanks in advance.","author_name":"Barnaby Zelman","votes":0,"created_at":"2018-09-30T00:16:03Z","canonical_url":"https://wefunder.com/cocotaps#question-28289","answers":[{"id":28291,"entity_id":"wefunder:comment:28291","answer":"Barnaby thanks for your great questions and insightful input. \u0026nbsp; For an amature investor you seem insanely sophisticated. I can tell you that this is my first experience with these SAFE notes and crowdfunding, usually I do like to stick with traditional equity offerings but since we have such a big presence through social media and already\u0026nbsp;being seen by millions\u0026nbsp;on shark tank I felt that this is a great opportunity for us to offer non accredited investors to be apart of this exciting company.\u0026nbsp; I can tell you from our goals and product roadmap\u0026nbsp;that an IPO and A round financing in the future is highly likely. We plan to follow our large distributor CoreMarks footprint of distribution centers by putting our tapping centers in the proximity this will require lots more capital so if we can’t get traditional bank financing at the time we most definitely will have to do an IPO or A round.\u0026nbsp; As far as the patent questions you have we are told by our patent lawyers that we should have 17-20 years of coverage once our patents are issued. We are also filling many more patents for all the innovations we are creating. If you have any other questions please feel free to call me at+17024006609 or email me at CocoVinny@cocotaps.com​ CocoLove\u0026nbsp; CocoVinny🌴❤️🤙🏼","author_name":"Vincent Zaldivar","votes":0,"created_at":"2018-09-30T00:39:01Z"}]}],"faq":[{"question":"Hi Vincent - great concept and I like that you're lean enough to be profitable with your limited sales volume. What scares me as an investor is the very real likelyhood that the SAFE would never convert...leaving us investors hanging out to dry. For the benefit of other invest...","answer":"Barnaby thanks for your great questions and insightful input. \u0026nbsp; For an amature investor you seem insanely sophisticated. I can tell you that this is my first experience with these SAFE notes and crowdfunding, usually I do like to stick with traditional equity offerings but since we have such a big presence through social media and already\u0026nbsp;being seen by millions\u0026nbsp;on shark tank I felt that this is a great opportunity for us to offer non accredited investors to be apart of this exc..."},{"question":"Hi, congrats on your success so far. This presentation is well done. I do share Barnaby's concern about the SAFE not converting, but I appreciate your answer. Quick questions: How does your price point compare with both direct competitors and also other options a consumer migh...","answer":"Alan great to meet you. We have both utility patents and trademarks as it pertains to the coconut water removal system we have intellectual property around. In addition we have many other trade secret systems for high volume production\u0026nbsp;that we will be filing patents for post funding.\u0026nbsp;As far as the market currently the coconut water market is growing at a rate of 26 percent year over year and is showing no signs of decline. Our competitive edge is simple we have the only certified Ze..."},{"question":"What are your margins like on the two revenue streams (coconuts and tools)?","answer":"Craig great question. Currently our cost per coconut is $25 per case branded and tapped and we sell a case for $45-$55 so profit oerbcase is $20-$30. Our tool kits are made for $6.50 and we sell those for $24.95 so we make $18.45 per unit. Thanks for your questions looking forward to having a fresh Tapped coconut with you someday.\u0026nbsp;CocoVinny🌴❤️"},{"question":"Planning to invest in CocoTaps. A suggestion for your website: a 'Where To Buy' page. If these are sold in retail locations, it would be great to look them up. For example, where can I buy them in Arizona? Thanks!","answer":"Craig great suggestion. Yes that’s in our plan we are looking for the right distribution partners to help us sell the tool kits in retail and are going to be adding this product map soon. Looking forward to having you a part of this Coco American Dream.\u0026nbsp;CocoVinny 🌴❤️🤙🏼"},{"question":"If I put coconuts in my moose shorts, will I be able to see my toe?","answer":"Lmfno!!! CocoCortney we haven’t tried this yet but we will try it and get back to you. \u0026nbsp;Please invest whatever you can spare we would love to have you as a partner.\u0026nbsp;"}]}}}