Question 1

Hi - on page 6 of your unaudited financial statements, there is a note payable for $540,000 with a 20% interest rate and a $5,000 monthly payment. Is that still in your books? Could you clarify the relationships between the different legal entities involved and how funds flow ...

Accepted Answer

Hi Max, thank you for your questions..., much appreciated for your interest in our company. You actually found a typo on our financial report, because that $540,000 (which is still on the books) has a 2% interest rate, NOT a 20% interest rate, so I'll work on correcting that on the report through WeFunder. In terms of your other questions: -NONE of the debt on the books is convertible into equity at any point in the future. -FC Development, Corp owns the license for the brand; the Farmers Cow...

Question 2

Is the business targeting to scale and branch out ? what would be the exit strategy for the business ? and why is the business going with equity deal instead of revenue sharing ? Thank you

Accepted Answer

Thank you for your question Mohammed, we appreciate your interest in our company. We are definitely looking to expand and we anticipate that we'll have some significant news to share with you on this front sometime over the next week. The exit strategy for the business will be within a 3-4 year timeframe, with a Private Equity transaction being most likely. I don't anticipate that this will be a sale of the entire entity, but we would like for it to allow for those investors who don't want to...

Question 3

Will you be offering any Investor perks?

Accepted Answer

Thank you for your question Eric, there will be no investor perks other than the strong potential to earn a great return. Have a great day!

Question 4

I absolutely love your concept; however, I have one burning question: Do your farms use pesticides/herbicides and/or genetically modified seeds?

Accepted Answer

Thanks for reaching out Terri. Please don't hesitate to follow up with any additional thoughts or questions. Our partner group of six Connecticut dairy farming families, The Farmer’s Cow, would like to see a national solution, not state-by-state, to the issue of labeling genetically modified foods. Due to this, there are many difficulties for Connecticut dairy farmers to find a source of GMO-free livestock grain for our cows since the national marketplace does not segregate non-GMO grains. Th...

Question 5

Hi! What does sustainability means to you? How are you going to achieve that considering all the aspects that milk products require? e.g. Land use, greenhouse gas emissions and fresh water. https://ourworldindata.org/environmental-impact-milks

Accepted Answer

Thanks for the question Aldo, sustainability is extremely important to us and a major focus of ours as we build. We will have more information being shared soon about the anaerobic digesters that our partner farms are building, which will have a major positive impact as we work towards becoming carbon neutral, or even carbon negative. We are working on a new website as well, which will have a specific section dedicated towards our sustainability efforts. This link here is also from CT Dairy l...

The Farmer’s Cow Calfe & Creamery

Farm-to-Table; By farmers, Fast Casual, Sustainable focused, Community driven

$170,517

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The Farmer's Cow Calfe & Creamery

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