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is the percent carry on this investment?","answer":"There is no carry. We pay 3% of funds raised to WeFunder as a fee, but you keep all returns from your shares."},{"question":"Can you share your existing cap table?","answer":"We can't share all the details on that, but on a fully diluted basis I own 64% and the balance is split between the team and our existing investors. Those investors invested on the same financial terms as we are offering today. You can read all the disclosures we are making here: https://wefunder.com/taxa/form_c"},{"question":"Can you change or update your investment? For instance if you do the minimum $100 today, can you change that a few days later? Also, can you explain a bit about the equity raised? April 2014:$120,000; December 2014: $323,000; and now this round is for an additional $400,000? I...","answer":"Yes, you can change your investment up until a few days before we close the campaign when it will become fixed. Your equity numbers are correct, though we might go over the minimum $400k we are targeting. Here's more information on the planned use of proceeds: $400k will allow us to continue the R\u0026amp;D required to bring our first two products to market, the glowing plant and fragrant moss. The glowing plant requires work to improve the luminosity and implementation of a new method for doing ..."},{"question":"I'm guessing that under Title III equity funding, you don't have to do a formal prospectus. However, I would like to see some sort of financial document that shows a balance sheet before and after funding with a special emphasis on equity and debt before and after. IE total nu...","answer":"Nathanael: have you seen the Form C disclosures and the Q\u0026amp;A section? I think that covers a lot of the information you are asking for. The Form C is here: https://wefunder.com/taxa/form_c and the Q\u0026amp;A is at the bottom of the main page. Happy to answer other questions that you feel aren't addressed there."},{"question":"I like the concept, but what safeguards are in place to ensure that any genetic modification is not spread to wild-type plants and who would be responsible for the aftermath if it did occur?","answer":"We avoid releasing plants which have genes that can provide a selective advantage, for instance we are removing herbicide markers from our plants. This means that while the modification can spread to wild-relatives evolution will work against the genes persisting in the wild."}],"recent_posts":[{"id":90479,"entity_id":"wefunder:feed_item:90479","title":"TAXA: Introducing Orbella the Fragrant Moss","preview":"Five years ago, Antony set out on a mission to genetically engineer plants and make them glow. Undoubtedly, this was an ambitious project and he was determined to share the beautiful side of GMOs, which normally get bad rep as something concocted by evil conglomerates’ scientists trying to destroy the world. The project proved ambitious and there were obstacles that hindered TAXA from delivering the promised plants on time. Antony’s new product Orbella's scent doesn’t fill up an entire room b...","published_at":"2017-07-31T20:50:53Z","canonical_url":"https://wefunder.com/feed/90479"},{"id":90640,"entity_id":"wefunder:feed_item:90640","title":"Tell your friends about Orbella","preview":"The big day is finally here and we’ve started shipping Orbella Fragrant Moss. The first shipments are going in the mail this morning so if you were really fast to order the terrarium you’ll be getting your moss this week, we’ll ship more next Monday – you’ll get an email once we ship yours. Please get the word out to your friends on social media, we’ve made a discount code “FRIENDSOFOURS” so you can offer them 30% off for being friends with one of our investors. You can use these links to one...","published_at":"2017-07-25T17:20:13Z","canonical_url":"https://wefunder.com/feed/90640"},{"id":90236,"entity_id":"wefunder:feed_item:90236","title":"2016 Annual Report","preview":"It’s my pleasure to bring you our first Annual Report. Now that we have a large number of investors, following our successful Title III equity crowd-raise on WeFunder, we will use this report to keep you all updated on the condition of our business and any changes to our business plan as it evolves over time.In this report you will find an update on our business strategy and plan, information on the Company and capital structure and our 2016 Financial Statements.We plan to launch Orbella, our...","published_at":"2017-05-02T18:15:29Z","canonical_url":"https://wefunder.com/feed/90236"},{"id":89282,"entity_id":"wefunder:feed_item:89282","title":"TAXA Q2 Investor Update","preview":"We plan to produce quarterly investor updates, as we have been doing for our existing accredited investors for the past 18 months. With one week to go in our campaign we thought it time to share our most recent update so you can have a feel for the kind of updates you’ll be getting in the future.Highlights:WeFunder campaign has been successfully and is due to close on August 9thFragrant moss scale up proceeding on schedule, we’ve also found some interesting research on additional genes which ...","published_at":"2016-08-04T20:00:51Z","canonical_url":"https://wefunder.com/feed/89282"},{"id":88883,"entity_id":"wefunder:feed_item:88883","title":"Introducing Globiotics","preview":"Today we thought we would update you on one of our other collaborative research agreements, Globiotics. This represents about 5% of the teams total efforts and the primary focus is on addressing regulatory challenges rather than technical challenges (in contrast to our plants which are the other way round: clear regulatory pathway but challenging technical issues).Read the full update","published_at":"2016-07-18T20:50:12Z","canonical_url":"https://wefunder.com/feed/88883"},{"id":88338,"entity_id":"wefunder:feed_item:88338","title":"Didn’t catch our LIVE Q\u0026amp;A? Listen to it here.","preview":"We held a LIVE podcast last Thursday and answered questions such as how TAXA plans to transform public opinion on GMOs and how we’re going to beat our competitors.If you missed last week’s podcast, you can listen to it below! And if you still have questions for us, just add them to the bottom of our profile and we’ll be happy to answer them.","published_at":"2016-06-27T18:11:22Z","canonical_url":"https://wefunder.com/feed/88338"},{"id":88169,"entity_id":"wefunder:feed_item:88169","title":"LIVE Q\u0026amp;A, THURSDAY @ 5PM (PST)","preview":"We'll be having a LIVE Q\u0026A podcast this Thursday @ 5PM (PST). We'll be talking about a-ha! moments, stories from the TAXA team, and of course, answering any questions you all have.Feel free to send any questions you have now to podcast@wefunder.com or tweet them @wefunder with #taxapodcast. Excited to hear from you all!Antony","published_at":"2016-06-22T00:16:45Z","canonical_url":"https://wefunder.com/feed/88169"},{"id":87566,"entity_id":"wefunder:feed_item:87566","title":"Fragrant Moss passes final technical milestone","preview":"Really exciting news to bring you today, we’ve got confirmation that we successfully removed the herbicide resistance gene from our Fragrant Moss product. This was the final technical milestone to make the moss and now we just have to manufacture enough to distribute to customers which shouldn’t have too many challenges. In this update we are sharing some changes we’ve made to our fundraising to reflect the increased certainty of getting fragrant moss to market, results of some user testing w...","published_at":"2016-06-01T21:29:41Z","canonical_url":"https://wefunder.com/feed/87566"},{"id":86701,"entity_id":"wefunder:feed_item:86701","title":"TAXA checklist for Title III equity crowdfunding","preview":"Today, we are excited to announce that we’re going Title III. 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