I am having trouble locating the specific terms for the loan repayment. ie. Is the debt secured and is there a projected repayment schedule?

Hi Adrian, Here are the terms from the WeFunder contract. We are using the Revenue Share model. Revenue Share This is a promissory note that is paid back from a share of the revenues of the business. Important terms in this note include: Gross or Net Revenues. Net revenues exclude returns or shipping costs. Revenue Percentage. This is the percentage of revenue that is shared. Repayment Amount. Typically 1.5-3.0X, this is the maximum amount you will be paid back. Quarterly or Annual Disburseme...

Hello, I just wanted to follow up and make sure there is nothing else needed on my end. The invest funds are in my Wefunder account, wii you be transferring to your company account? Thank you

Hey Alondra! Yes, you are all good. Nothing more needed at this time! We are in the process of filing some documentation that will then follow with the movement of funds. Thanks!

Hello, when do you anticipate filing Form C documents?

Hi Patrick, We are actually in the process of doing so right now! Thanks for believing in us!

1. When do you expect to be operational? 2. When do you expect to begin repayments?

Hi Tanay, Thank you for your questions. We are working tirelessly to secure a property currently. We anticipate having to do some construction and register for the licenses. We will have a bunch of updates coming soon. As for the repayments, as soon as we are operational with revenue coming in, we plan to begin making the repayments.

Hi! When do you expect to be operational and earning revenue? Is the revenue sharing based off net revenue or gross revenue?

Hi Peter, Our plan is to be operational and earning revenue by Q4.

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