Hi, got several curious questions: 1) Why did you not continue sales of existing product in 2015 and 2016? 2) Are there any orders pending from accounts that are waiting for the production? And what is the order gross amount if there are any? And what will be you profit from i...

Hello Kristaps......Thank you for the questions. 1) We spent the last two years reformulating and perfecting the recipe with an all natural flavor. We also worked with the TTB which is regulated by enforced by strict guidelines and getting approvals needed. With the market research we conducted we wanted V2.0 to be what our customers wanted in addition to the feedback we got from retailers such as Target. They loved the new recipe so much they put us on their website and we became an approved...

Hello. Is this Tier 1 or Tier 2 Reg A+ Crowdfunding?

Hello Nitin! We are in a Regulation Crowdfunding (Regulation CF) which Mike Normal, the founder and CEO of this site has worked on and helped write the laws with SEC guidelines that is called the "JOBS Act". In fact, it went into effect on May 16, 2016. Here is the link for more information on how to invest in a crowdfunding campaign. We hope you can join our growth and our company at Palmia! https://wefunder.com/faq/investors#applying-to-invest

How much does a 6-pack expect to Cost in store? How much does it cost the company?

Hello Joel! The 6-pack of Palmia is $9.99 retail. I am happy to discuss our financials with you. Please email me at robert@palmiacorp.com and I can send you our memorandum that also includes our financial projections. Thank you again, and hope you can join our company with our success and growth.

What is the share to dollar ratio?

Hi Eli, We will not know this until Series A in determined. The offering is a discount of 20% with a $4M valuation cap for the first $100,000 and then a $5M valuation cap for the remaining $900,000 which will convert to shares ie: Series A. (See example below) https://techcrunch.com/2012/04/21/convertible-note-seed-financings-econ-101/ From link above, "Using the example above, let’s assume the cap were $5 million and the pre-money valuation in the Series A round were $10 million. If the note...

Why are you claiming to be in (or going to be in) 3,000 Target stores when they only have just over 1,800?

Hello Mark. Not sure how this was over looked, as I will be corrected immediately. With BevMo! having 148 locations, WholeFoods with 431, Safeway's 1,300, Albertson's 2,200, Kroger 2,424 - our aim is to be in well over 3,000 "Key" stores. Again, not sure how this was overseen. Total Wine & More is also a great store to be in with over 153 locations and growing. We met with a buyer and the meeting went really well. Thank you again.

Palmia Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

1

Partnerships with Whole Foods, Target, Total Wine & More, Cost Plus, Sprouts, BevMo! In fact, we are now being sold in Raley's, Sprouts, Nob Hill Foods, Cost Plus World Market and Total Wine & More.

2

Sold in more than 150 California stores and 30 bars and restaurants less than a year after launch and recently opened distributor accounts in Oregon.

3

Successfully raised $204,565 from 288 Wefunder investors in July 2017.

4

Sold in some of the most recognizable bars and restaurants in San Francisco, including Sabrosa, Delarosa, Tacolicious, Monaghan’s, Dosa, Chubby Noodle, Blue Light, and more.

5

Partnerships with LYFT, San Jose Sharks, and SAP Center.

6

Connections to Bottle Rock, Coachella, Life is Beautiful, ESPY's, and other large venues and events.

7

Winner of the 2018 People's Choice Award for the "Best Beer" at the Fremont Chamber of Commerce Burger and Brew Fest, beating out 38 other beers.

8

Recently signed with four distributors outside of the Bay Area -- Morris Distributor (serving Sonoma County and San Francisco), Chrissa Imports (Counties: San Mateo, Santa Clara, Contra Costa, Alameda, Santa Cruz, Monterey and San Benito), Sacanni Dist

Palmia

Spanish inspired and U.S. brewed, the world's 1st 90 calorie lemon-infused lager

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