{"data":{"type":"company_profile","id":34592,"entity_id":"wefunder:company:34592","attributes":{"canonical_url":"https://wefunder.com/tbj.gourmet","generated_at":"2026-06-22T12:15:16Z","updated_at":"2026-06-22T05:03:00Z","entity_ids":{"company":"wefunder:company:34592","slug":"wefunder:company_slug:tbj.gourmet"},"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":"2026-06-22T12:15:16Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:00Z","as_of":"2026-06-22T12:15:16Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:00Z","as_of":"2026-06-22T12:15:16Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T12:15:16Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T12:15:16Z","confidence":"medium"}}},"company":{"id":34592,"entity_id":"wefunder:company:34592","slug":"tbj.gourmet","name":"TBJ Gourmet","tagline":"Saving the planet with bacon! ","elevator_pitch":"We take the delicious ends and pieces of sliced bacon and Upcycle them into sweet spreadable bacon jam. 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Bootstrapped AND profitable since inception.🤑"}],"team":[{"id":394874,"entity_id":"wefunder:company_role:394874","user_entity_id":"wefunder:user:209206","role":"founder","name":"Michael Oraschewsky","title":"Chief Executive Boar","bio":"Opened his first restaurant at 23 and has been leading teams of passionate food professionals since.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/394874/square_cropped_mike_friendly.jpg?1667583976","profile_url":"https://wefunder.com/michael.oraschewsky","linkedin_url":"https://www.linkedin.com/in/michael-oraschewsky-30a2b366/","related_urls":["https://wefunder.com/michael.oraschewsky"]},{"id":437832,"entity_id":"wefunder:company_role:437832","user_entity_id":"wefunder:user:243003","role":"founder","name":"Bruce J Kramer","title":"President","bio":"A Drexel Engineer and home brewer, Bruce decided to go all in as a food entrepreneur with his 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coach.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/437810/square_cropped_alex.jpg?1638813092","profile_url":"https://wefunder.com/alex.oraschewsky.2","linkedin_url":"https://www.linkedin.com/in/alex-oraschewsky-6454b892/","related_urls":["https://wefunder.com/alex.oraschewsky.2"]}],"featured_investors":[{"id":5681,"entity_id":"wefunder:company_investor_profile:5681","investor_profile_id":958840,"investor_profile_entity_id":"wefunder:investor_profile:958840","subject_entity_id":"wefunder:user:1429907","name":"Sue Marshall","bio":"I have spent the majority of my professional career as an entrepreneur and currently the founder and CEO of NETZRO, SBC.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/1429907/medium_blob.jpg","profile_url":"https://wefunder.com/suemarshall","investment_total":50100,"investment_info":"Invested $50,000 this round \u0026 $100 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valuation"}},"recent_posts":[{"id":161345,"entity_id":"wefunder:feed_item:161345","type":"FeedItem::Update","visibility":"public","title":"Q1 2023 Update","preview":"Hello Investors, fans and followers. Thanks to your support we are off to a fantastic year. In the following I have a call to action, some updates and some housekeeping for investors.Action: Get a 🤑 Free Jar of our Deep South Tomato Jam and support this second TBJ Gourmet sku in select Walmarts. Doing this will help us test out a new HIGHLY cost effective way to increase velocity and sample new items. Visit this sort of secret page on our website for details. After a 2 week pilot with investo...","published_at":"2023-02-16T17:55:50Z","author_name":"Michael Oraschewsky","url":"/feed/161345","canonical_url":"https://wefunder.com/feed/161345"},{"id":159068,"entity_id":"wefunder:feed_item:159068","type":"FeedItem::Update","visibility":"public","title":"Tailgate Live with TBJ Gourmet","preview":"We are hosting our first live show, Bacon On Air with Chief Executive Boar Michael Oraschewsky showing us how to tailgate properly. As always properly is with pork! He will be showcasing some of our best selling products as well as an exclusive on air bundle of our smoked bacon pantry items. Tune in live!When: Thursday Nov 3 at 1pm EST Where: https://tbjgourmet.com/pages/live-tbj-gourmet-shoppingAs always please share. The more the merrier!","published_at":"2022-10-28T19:32:08Z","author_name":"Michael Oraschewsky","url":"/feed/159068","canonical_url":"https://wefunder.com/feed/159068"},{"id":158632,"entity_id":"wefunder:feed_item:158632","type":"FeedItem::Update","visibility":"public","title":"Only 24 hours left to get in on the action!","preview":"I want to preemptively thank everyone who joined us in this round and tell you that we are stoked to have crushed our goal with your support. If you have been following along but have not yet invested, it is not too late to get in on the action. The round closes in just over 24 hours.","published_at":"2022-10-06T19:43:37Z","author_name":"Michael Oraschewsky","url":"/feed/158632","canonical_url":"https://wefunder.com/feed/158632"},{"id":158524,"entity_id":"wefunder:feed_item:158524","type":"FeedItem::Update","visibility":"public","title":"TBJ Gourmet Expanding with 'Chups Reminder: Only 4 Days left to Invest in this Round","preview":"I am happy to announce that TBJ Gourmet is bringing 'Chups\u0026nbsp;Craft Condiments into the fold! Matt and Kori Wallace developed the 'Chups line of fruit ketchups to challenge the traditional tomato-dominated ketchup market. 'Chups ketchups offer a perfect balance of sweet, savory, and tangy in a variety of\u0026nbsp;flavors. From my go-to, Spicy Pineapple, to Cherry, Mango, Blueberry, and the seasonal favorite Cranberry, each flavor is unique and versatile.\u0026nbsp;\u0026nbsp;TBJ and 'Chups is a natural p...","published_at":"2022-10-04T16:01:13Z","author_name":"Michael Oraschewsky","url":"/feed/158524","canonical_url":"https://wefunder.com/feed/158524"},{"id":158395,"entity_id":"wefunder:feed_item:158395","type":"FeedItem::Update","visibility":"public","title":"Good Morning America Spot Boosts Sales.","preview":"As we close this round in a few days I am pleased to unveil our most impressive updates of the campaign! This morning TBJ Gourmet was featured on Good Morning America's Deals and Steals. This spot has contributed to our largest single day of ecomm revenue. It represents a massive logistical feat that TBJ Gourmet team has prepared for and is executed phenomenally. No third party help. So if you were wondering if we can handle our new operational roles ( as I myself was ;) I think you have your...","published_at":"2022-09-28T01:19:18Z","author_name":"Michael Oraschewsky","url":"/feed/158395","canonical_url":"https://wefunder.com/feed/158395"},{"id":158304,"entity_id":"wefunder:feed_item:158304","type":"FeedItem::Update","visibility":"public","title":"Investor Webinar TBj Gourmet","preview":"As we are closing out this round well over our goal, I thought it would be good to answer a few of the top questions from our investors and also do an overview of the big achievements we had during the round so far. Big updates covered:3 New Distributors4 New Regional Chains2nd SKU in WalmartFacility Location SelectedNational Network TV Airing booked for the ends of this month.And there is still more to come before we end this investment opportunity in less than 2 weeks!","published_at":"2022-09-21T17:15:22Z","author_name":"Michael Oraschewsky","url":"/feed/158304","canonical_url":"https://wefunder.com/feed/158304"},{"id":158160,"entity_id":"wefunder:feed_item:158160","type":"FeedItem::Update","visibility":"public","title":"National TV Spot to Close this Round","preview":"The round is close soon and we are going to end it on a high note. TBJ Gourmet has been selected for a national TV spot at the end of this month. While we are not permitted to disclose the name of the show until the day before airing we can say this, we expect millions of people across the country to learn about our brand and our products and, possibly more importantly to some investors, we are preparing for a 5-10% bump in annual sales to occur in this one day alone plus a residual bump from...","published_at":"2022-09-14T16:49:52Z","author_name":"Michael Oraschewsky","url":"/feed/158160","canonical_url":"https://wefunder.com/feed/158160"},{"id":158082,"entity_id":"wefunder:feed_item:158082","type":"FeedItem::Update","visibility":"public","title":"Raley's Tony's and Mushrooms","preview":"I am loading up the truck with bacon jam for the Kennett Square Mushroom Fest but wanted to do a quick update before the weekend got too crazy. We landed another west coast grocery store, Raley's. Raley's brought our bacon jam in last Christmas for a holiday set but and has decided to put it on the shelves for this year. This 128 store chain will act as an anchor account for a very important specialty distributor on the on the west coast, Tony's Fine Foods. More to come later this weekend.","published_at":"2022-09-10T02:33:52Z","author_name":"Michael Oraschewsky","url":"/feed/158082","canonical_url":"https://wefunder.com/feed/158082"},{"id":158019,"entity_id":"wefunder:feed_item:158019","type":"FeedItem::Update","visibility":"public","title":"Super Stater Bros","preview":"1st of a series of big updates as we get ready for the final few weeks of this investment round.Stater Bros of West Coast fame is bringing in our new Bacon Jam Deli Cup line. Not only is this awesome because it gets TBJ Gourmet shelf space in 200 more awesome stores but it also gets us set up in DPI an important distributor, especially for West Coast independ stores. This deal will give us access to over a thousand new doors without the expensive cost of shipping small and mid sized orders ac...","published_at":"2022-09-07T17:51:12Z","author_name":"Michael Oraschewsky","url":"/feed/158019","canonical_url":"https://wefunder.com/feed/158019"},{"id":156684,"entity_id":"wefunder:feed_item:156684","type":"FeedItem::Update","visibility":"public","title":"Origin Story Part 1","preview":"One question we get a lot is how did this all come to pass, so while we wait for some big news next week, let me tell you a tale.When we started making bacon jam at the restaurant it was a lot of fun but very difficult. We quickly scaled into the largest pots available for stove top, cooking multiple 25lb batches of bacon jam a night. We started with 10-15lbs of diced bacon cooking until it was just getting crispy. Then we adding the onions and cooked until translucent. We would combine now r...","published_at":"2022-07-11T20:53:49Z","author_name":"Michael Oraschewsky","url":"/feed/156684","canonical_url":"https://wefunder.com/feed/156684"},{"id":156263,"entity_id":"wefunder:feed_item:156263","type":"FeedItem::Update","visibility":"public","title":"Trade Show Season at an End","preview":"Before we get to the meat and potatoes please like and share these two amazing podcasts that I was able to speak on recentlyThe Story of a Brand with Ramon Vela - focusing on the origin of companies and how entrepreneurship shapes our livesThe Contender Cast with Justin Honaman - Focused on the challenges that companies face behind the scenes.Now for the updates!We just finished up the peak 2022 trade show season with the Summer Fancy Food and Kehe Holiday Show Double header. Valerie, David a...","published_at":"2022-06-21T14:35:05Z","author_name":"Michael Oraschewsky","url":"/feed/156263","canonical_url":"https://wefunder.com/feed/156263"},{"id":156046,"entity_id":"wefunder:feed_item:156046","type":"FeedItem::Update","visibility":"public","title":"Fancy Food Show","preview":"We will be at the Summer Fancy Food Show at the Javits Center in NYC this Sunday 12 through Tuesday 14. Not only will we be debuting our newest products to the who's who of the specialty food industry, we will also be meeting with some of our top investors to talk shop. If you are an investor interested in coming please email me. We will be doing a live update from the show.","published_at":"2022-06-11T03:03:22Z","author_name":"Michael Oraschewsky","url":"/feed/156046","canonical_url":"https://wefunder.com/feed/156046"},{"id":155848,"entity_id":"wefunder:feed_item:155848","type":"FeedItem::Update","visibility":"public","title":"Jewel of the Deli Department","preview":"I am happy to announce the first big deli debut of our Original Bacon Jam 7.5oz Deli Cups coming this summer at Jewel - Osco.Jewel is an awesome store with just shy of 200 locations. I implore everyone to check out their foundational corporate culture of leaders being the first assistant of those they serve. This deal is bigger than just the revenue from the chain dominating the upper midwest though. Since Jewel Osco is owned by Albertsons it means our bacon jams are now coded for Albertsons ...","published_at":"2022-06-02T02:03:35Z","author_name":"Michael Oraschewsky","url":"/feed/155848","canonical_url":"https://wefunder.com/feed/155848"},{"id":155752,"entity_id":"wefunder:feed_item:155752","type":"FeedItem::Update","visibility":"public","title":"Nation Restaurant Show 2022 was awesome!","preview":"I just spoke with VP of Independent Sales, Elaine Brown to run a post show report from this year's NRA show. For those who do not know, the National Restaurant Show is the largest food service show in the US and brings folks from all sectors of the industry together. It's massive! Food service is back and better than ever. Traffic at the show was the crazy high and the line in front of our booth was manageable at times even for the 3 bacon jam veterans we had on staff. We came away with a ton...","published_at":"2022-05-27T18:35:03Z","author_name":"Michael Oraschewsky","url":"/feed/155752","canonical_url":"https://wefunder.com/feed/155752"},{"id":155645,"entity_id":"wefunder:feed_item:155645","type":"FeedItem::Update","visibility":"public","title":"Checking Out Some Equipment","preview":"I recently toured the Netzro facility in Minneapolis, MN to check out the reharvesting ovens we plan to bring in for our bacon and spent grain upcycling efforts. I do not get to deep into the technical side but it was certainly cool to see the equipment up close and in person versus looking a spec sheets and diagrams.Long and the short is we will be able to continuously cook at a rate greater than 500 lbs of bacon per hours while effectively separating the bacon lard for additional uses.","published_at":"2022-05-23T20:19:20Z","author_name":"Michael Oraschewsky","url":"/feed/155645","canonical_url":"https://wefunder.com/feed/155645"},{"id":155601,"entity_id":"wefunder:feed_item:155601","type":"FeedItem::Update","visibility":"public","title":"Bacon Unplugged","preview":"I recently traveled to Minneapolis for the Upcycled Food Associations Unplugged event where I pitched our investment opportunity to a group of investors ranging Minnesota Universities' Angle Group, Grow North to large international companies looking for the next best thing . The response was amazing with multiple commitments including over our lead investor Sue Marshall coming in to match a new investor live before the pitch even ended. It was a shark frenzy were before the pitch ended we had...","published_at":"2022-05-20T17:27:04Z","author_name":"Michael Oraschewsky","url":"/feed/155601","canonical_url":"https://wefunder.com/feed/155601"},{"id":155416,"entity_id":"wefunder:feed_item:155416","type":"FeedItem::Update","visibility":"public","title":"New TBJ Explainer Video","preview":"Hello Everyone,Check out the new TBJ Explainer video!What do you think?CLICK HERE TO INVEST IN TBJ GOURMET","published_at":"2022-05-11T23:08:13Z","author_name":"Michael Oraschewsky","url":"/feed/155416","canonical_url":"https://wefunder.com/feed/155416"},{"id":155297,"entity_id":"wefunder:feed_item:155297","type":"FeedItem::Update","visibility":"public","title":"New Product Alert!","preview":"I sat down with Travis Brodeen from MVP Marketing to speak about our biggest update of the year so far for all of our investors and followers at WeFunder.com/TBJGourmet. Here are the bullets if you do not want to watch the 10 minute video:NEW sku, Deep South Tomato Jam, was picked up by Walmart and is shipping out this week. This line extension increases brand presence on the shelf as well as revenue. It also let's us know that the largest retailer in the country believes in us!I was selected...","published_at":"2022-05-06T05:34:23Z","author_name":"Michael Oraschewsky","url":"/feed/155297","canonical_url":"https://wefunder.com/feed/155297"},{"id":155201,"entity_id":"wefunder:feed_item:155201","type":"FeedItem::Update","visibility":"public","title":"Only $30,000 remaining","preview":"We just started firing out emails to our D2C and B2B customer lists and the response has been great. Over $5k in the past 24 hours. Tht means that there is only $30,000 left at the Early Bird Discounted Valuation and I expect that to go quick. If you were thinking getting in or upping your current position now is the time. If not share this little secret with your friends Wefunder.com/tbjgourmet THEY ARE GOING FAST!","published_at":"2022-05-03T20:10:19Z","author_name":"Michael Oraschewsky","url":"/feed/155201","canonical_url":"https://wefunder.com/feed/155201"},{"id":155118,"entity_id":"wefunder:feed_item:155118","type":"FeedItem::Update","visibility":"public","title":"Leading the Way","preview":"I recently sat down with our lead investor, Sue Marshall, CEO of Netzro, to discuss why she decided to join our journey. Not only is Sue an outstanding female entrepreneur and true leader in the fight to end food waste but she had the good sense to invest in TBJ Gourmet ; ) Jokes aside we are overjoyed to have Sue on board not just as an investor but as a partner as we take the next steps in upcycling more than just delicious bacon ends. If you are curious to know what Sue saw in us check out...","published_at":"2022-05-02T16:44:55Z","author_name":"Michael Oraschewsky","url":"/feed/155118","canonical_url":"https://wefunder.com/feed/155118"},{"id":154486,"entity_id":"wefunder:feed_item:154486","type":"FeedItem::Update","visibility":"public","title":"Big Recap","preview":"In 2019 we closed our first WeFunder round raising $130,000 from 251 investors ranging from customers, friends, family and traditional investors and even some all of the aboves. We couldn’t believe the out pouring of love for what we are doing and confidence everyone has put in us. Obviously the world has changed a lot in the 2 years in between now and then. Like most companies we faced some unprecedented challenges and tough choices, but I am happy to say that we not only came out stronger b...","published_at":"2022-04-12T17:30:44Z","author_name":"Michael Oraschewsky","url":"/feed/154486","canonical_url":"https://wefunder.com/feed/154486"},{"id":152907,"entity_id":"wefunder:feed_item:152907","type":"FeedItem::Update","visibility":"public","title":"Up (cycled) and Onward!","preview":"As many of you know, we at TBJ Gourmet have had the strong desire to bring manufacturing under our roof. We are happy to announce the first step in this effort, a partnership with NETZRO, a leader in the Upcycled Food movement, which will bring their state-of-the-art re-harvesting food tech into our new plant. With NETZRO’s upcycling food platform and patent pending food tech we will be able to convert various byproducts into new sustainable upcycled ingredients from local producers at scale....","published_at":"2022-02-21T15:50:16Z","author_name":"Michael Oraschewsky","url":"/feed/152907","canonical_url":"https://wefunder.com/feed/152907"},{"id":124284,"entity_id":"wefunder:feed_item:124284","type":"FeedItem::Update","visibility":"public","title":"We did it!","preview":"The campaign is closed and we are firing on all cylinders! We 150% of our $100,000 goal. Over the next week, we will be finishing up some details to draw the traunch, finalizing near and mid-term plans\u0026nbsp;that these funds allow us to make, and process the perks. I will be reaching out for home addresses to send the swag and for other details.Thank you to everyone especially those of you who know us personally as friends, employers, classmates, students, vendors, and family. We will be updat...","published_at":"2019-08-19T14:31:17Z","author_name":"Michael Oraschewsky","url":"/feed/124284","canonical_url":"https://wefunder.com/feed/124284"},{"id":124158,"entity_id":"wefunder:feed_item:124158","type":"FeedItem::Update","visibility":"public","title":"2nd Final Notice","preview":"I was advised to let all of you\u0026nbsp;know that this campaign is closing tomorrow night at midnight. Do not hesitate to reach out with questions or comments before making your decision to invest or increasing your position.Share this link far and wide on Facebook or by email or text.\u0026nbsp;https://wefunder.com/tbj.gourmet","published_at":"2019-08-15T18:53:59Z","author_name":"Michael Oraschewsky","url":"/feed/124158","canonical_url":"https://wefunder.com/feed/124158"},{"id":124053,"entity_id":"wefunder:feed_item:124053","type":"FeedItem::Update","visibility":"public","title":"Last call for bacon jam","preview":"This will probably the last update before this campaign closes Friday night.Action ItemsShare*****If we can hit $200,000 before closing we will be adding some about $12k in retooling to our plan. With this minor adjustment to some equipment, we will be able to attack a very large segment in 2020, so please do not hesitate to share this campaign or this\u0026nbsp;webinar\u0026nbsp;with potential investors!****VoteQVC has been a boon. 4-star average customer reviews (they should be higher but the packagi...","published_at":"2019-08-12T19:10:33Z","author_name":"Michael Oraschewsky","url":"/feed/124053","canonical_url":"https://wefunder.com/feed/124053"}],"q_and_a":[{"id":59150,"entity_id":"wefunder:comment:59150","question":"Hi Guys, I see that there have been 197 investors in this offering so far. Does the company intend to continue to be treated as a pass through entity for tax purposes following this raise?","author_name":"Hayden Rose","votes":4,"created_at":"2019-08-08T03:43:41Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-59150","answers":[{"id":59288,"entity_id":"wefunder:comment:59288","answer":"Hayden, That is a great question and for this year we will remain a pass-through and deal with issuing K1's. We do not anticipate any tax liability will accrue from the K1's we issue but understand this could be a problem in the future. Frankly, we will need to reevaluate this decision yearly as we do not want to be in a situation where our investors see a tax liability. We do recognize a change may be required in the future but the cost to become a C-corp is significant and we would need to determine that the expense is warranted before we make that move. For example, if a larger company would be interested in acquiring our brand then the expense of transitioning would not be worthwhile, so we will decide based on the best available data for growing the company.","author_name":"Bruce J Kramer","votes":3,"created_at":"2019-08-09T14:48:32Z"}]},{"id":201330,"entity_id":"wefunder:comment:201330","question":"Regarding the financial statements 2021 x 2020 could you briefly explain: (1) why net sales increased 2.9% and selling expenses increased 20.9%?, (2) why net sales increased 2.9% and general expenses increased 9.8%?, (3) why inventories increased from $48k in 2020 to $219k in 2021?, and (4) why accounts receivable increased from $89k to $251k?","author_name":"Rodrigo Noronha","votes":3,"created_at":"2022-04-15T20:57:21Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-201330","answers":[{"id":201773,"entity_id":"wefunder:comment:201773","answer":"Great questions Rodrigo. Most of these relate to the lock downs and their effects. Limited and canceled trade shows brought down our largest selling expenses, supply chain issues caused us produce larger quantities less frequently and the new cadence had us holding more at the end of 2021. Similarly Receivables seems to be a growth and cadence difference. I hope this answers your questions.","author_name":"Michael Oraschewsky","votes":2,"created_at":"2022-04-19T16:47:42Z"}]},{"id":201310,"entity_id":"wefunder:comment:201310","question":"I like that you all are a profitable pass-through - do you all plan on remaining an LLC for tax purposes?","author_name":"Lucas Selvidge","votes":3,"created_at":"2022-04-15T18:50:36Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-201310","answers":[{"id":201609,"entity_id":"wefunder:comment:201609","answer":"I do not see us changing from and llc before exit.","author_name":"Michael Oraschewsky","votes":3,"created_at":"2022-04-18T19:44:46Z"}]},{"id":201270,"entity_id":"wefunder:comment:201270","question":"Intriguing opportunity; a couple questions before I take the plunge: (1) Seems like eventual sale to a larger brand was the intended exit strategy during your first raise on WeFunder. Is that still your goal? If it doesn't happen for whatever reason, will you likely issue dividends to shareholders after becoming successful enough to generate substantial earnings? (2) What competitive advantage will allow you to maintain an edge if another startup or an existing company decides to emulate your process? Are the connections with suppliers and the recipes for the jams special in some way?","author_name":"Kenneth Alan Jackson, Jr.","votes":3,"created_at":"2022-04-15T14:24:28Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-201270","answers":[{"id":201611,"entity_id":"wefunder:comment:201611","answer":"1 ) The intent is still to exit when we break $8-10M in revenue. If that does not happen we would certainly look to reward our investors for their support. I do not know the ins and outs but getting a K1 dispersement seems like the easiest way to do that. 2 )We have a few advantages one being our relationships and first to market status. Consumers associate bacon jam with TBJ Gourmet despite several copy cats. While recipes are not patentable processes are and we have a patent pending on a new process for some upcycled items not yet released. In the mean time we will be maintain our best in class status while providing the best value possible to keep ahead of competition from below. From above the goal is to get noticed and show value over an entrenched R\u0026amp;D and New Product Dev department.","author_name":"Michael Oraschewsky","votes":3,"created_at":"2022-04-18T19:57:42Z"}]},{"id":215679,"entity_id":"wefunder:comment:215679","question":"Brilliant Concept, My wife and I are interested in investing in this company. Have concerns about your revenue projections also will like to have more information on your past year financials, interested in investing with significant amount. Thank you in advance for this information. Please like this comment as soon as you reply so it can notify on my dashboard.","author_name":"Donald Mader","votes":2,"created_at":"2022-08-17T13:43:13Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-215679","answers":[{"id":216283,"entity_id":"wefunder:comment:216283","answer":"Hello Donald Feel free to fire away with questions right here or email or call me. Mike@tbjgourmet.com 717.341.6889","author_name":"Michael Oraschewsky","votes":0,"created_at":"2022-08-23T17:32:36Z"}]},{"id":202425,"entity_id":"wefunder:comment:202425","question":"Several new bacon jam products have been recently launched. Are there plans to create other new items in the near future?","author_name":"Deron Brod","votes":2,"created_at":"2022-04-23T22:00:30Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-202425","answers":[{"id":203511,"entity_id":"wefunder:comment:203511","answer":"Deron, This is a great question and it is one we have asked ourselves repeatedly over the years. Knock off bacon jams aside, we recognize that we can grow by selling new customers our bacon jams or by selling our current customers new products. We plan to do both. Next weekI will have some new product announcements including some exciting news about where one of them will be placed.","author_name":"Michael Oraschewsky","votes":2,"created_at":"2022-04-29T19:02:01Z"}]},{"id":106339,"entity_id":"wefunder:comment:106339","question":"When will a 2019 annual report be released?","author_name":"Brad Tanner","votes":2,"created_at":"2020-09-15T17:02:44Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-106339","answers":[{"id":106346,"entity_id":"wefunder:comment:106346","answer":"Hello Brad. We sent updates in Q1 of 2020 and will be sending out one this month.","author_name":"Michael Oraschewsky","votes":2,"created_at":"2020-09-15T18:14:05Z"}]},{"id":70548,"entity_id":"wefunder:comment:70548","question":"Hi. I was hoping on receiving the investor discount code for the web store in time for christmas gift giving. Will you be doing so soon?","author_name":"Maria Agelakis","votes":2,"created_at":"2019-12-05T17:48:34Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-70548","answers":[{"id":201774,"entity_id":"wefunder:comment:201774","answer":"I apoligzie for not responding. Please email me directly mike@tbjgourmet.com","author_name":"Michael Oraschewsky","votes":0,"created_at":"2022-04-19T16:48:17Z"}]},{"id":60643,"entity_id":"wefunder:comment:60643","question":"When will the web store for investors be active?","author_name":"Jonathan Liam","votes":2,"created_at":"2019-08-25T03:33:51Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-60643","answers":[{"id":60756,"entity_id":"wefunder:comment:60756","answer":"Jonathan, We will be updating investors about perks this week. You will receive an discount code for our current store.","author_name":"Michael Oraschewsky","votes":4,"created_at":"2019-08-26T17:24:02Z"}]},{"id":59957,"entity_id":"wefunder:comment:59957","question":"how often can investors expect updates?","author_name":"Jack Sargent","votes":2,"created_at":"2019-08-19T02:12:49Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-59957","answers":[{"id":59990,"entity_id":"wefunder:comment:59990","answer":"Jack, Unless there is major news, investors should expect quarterly updates.","author_name":"Michael Oraschewsky","votes":1,"created_at":"2019-08-19T14:17:26Z"}]},{"id":59844,"entity_id":"wefunder:comment:59844","question":"Is it too late to invest?","author_name":"Frankie McPherson","votes":2,"created_at":"2019-08-17T04:35:05Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-59844","answers":[{"id":59989,"entity_id":"wefunder:comment:59989","answer":"It is too late to invest via WeFunder. I you are interested in investing you can email me at mike@TBJGourmet.com","author_name":"Michael Oraschewsky","votes":1,"created_at":"2019-08-19T14:15:10Z"}]},{"id":59664,"entity_id":"wefunder:comment:59664","question":"If the below is correct, you’re saying that your share price is $33.33 per share?","author_name":"Clay Crawford","votes":2,"created_at":"2019-08-14T17:45:10Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-59664","answers":[{"id":59667,"entity_id":"wefunder:comment:59667","answer":"Shares are $31.5, but we are not selling portions of shares, so $100 ($95) gets you 3 shares.","author_name":"Michael Oraschewsky","votes":2,"created_at":"2019-08-14T18:16:05Z"}]},{"id":56959,"entity_id":"wefunder:comment:56959","question":"Are investors are allowed to visit the resturant?","author_name":"Samuel Oppong","votes":2,"created_at":"2019-07-11T02:47:31Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-56959","answers":[{"id":56960,"entity_id":"wefunder:comment:56960","answer":"We, TBJ Gourmet,\u0026nbsp;do not have a restaurant. I sold\u0026nbsp;my restaurant in 2016. It was a business separate from TBJ Gourmet.\u0026nbsp;","author_name":"Michael Oraschewsky","votes":1,"created_at":"2019-07-11T03:07:59Z"}]},{"id":56553,"entity_id":"wefunder:comment:56553","question":"Michael, thanks for your response. Is it possible to review the equity documentation? I'd like to review before committing to understand anti-dilution, indemnification, tag/drag rights, etc. as a minority investor. Thanks!","author_name":"Benji Guilford","votes":2,"created_at":"2019-07-04T17:31:08Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-56553","answers":[{"id":56867,"entity_id":"wefunder:comment:56867","answer":"Benji, Please scroll to the bottom of our WeFunder page and click Form C Filing. Document 3 is our offering Term Sheet, and document 11 is our Operating Agreement. I think between these two docs you should get the answers you seek without me muddying the waters. Please let me know if you encounter any difficulties or have any questions. Feel free to reach out directly and I will send you the docs if you prefer. mike@tbjgourmet.com","author_name":"Michael Oraschewsky","votes":1,"created_at":"2019-07-09T14:20:03Z"}]},{"id":56213,"entity_id":"wefunder:comment:56213","question":"Hi, I have a vegan and gluten free condiment made from real fruits and vegs. Wondering if your company b interested to partner.","author_name":"Sake Bom","votes":2,"created_at":"2019-06-29T17:12:40Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-56213","answers":[{"id":56448,"entity_id":"wefunder:comment:56448","answer":"Sake, Feel free to email me and I will take a look. We are more than happy to sign an NDA if you like. mike@tbjgourmet.com","author_name":"Michael Oraschewsky","votes":1,"created_at":"2019-07-03T14:57:57Z"}]},{"id":56016,"entity_id":"wefunder:comment:56016","question":"I want to know the last day to invest in this company","author_name":"Samuel Oppong","votes":2,"created_at":"2019-06-25T01:30:44Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-56016","answers":[{"id":56082,"entity_id":"wefunder:comment:56082","answer":"This investing round can close at any time after the funding goal is reached. A 5-day notice will be provided to investors prior to the closing date. The EDGAR form shows that the round will close by 8.15.19. We obviously recommend you invest now and a notice will be sent when the round is about to close.","author_name":"Bruce J Kramer","votes":0,"created_at":"2019-06-26T15:27:33Z"}]},{"id":120737,"entity_id":"wefunder:comment:120737","question":"I’m sorry when will the 2020 report be released. Thank you thank you","author_name":"Jess H.","votes":1,"created_at":"2020-12-22T20:31:51Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-120737","answers":[{"id":201775,"entity_id":"wefunder:comment:201775","answer":"Sent","author_name":"Michael Oraschewsky","votes":0,"created_at":"2022-04-19T16:48:40Z"}]},{"id":120735,"entity_id":"wefunder:comment:120735","question":"When will the 2019 report be released? Thx","author_name":"Jess H.","votes":1,"created_at":"2020-12-22T20:29:23Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-120735","answers":[{"id":201776,"entity_id":"wefunder:comment:201776","answer":"sent","author_name":"Michael Oraschewsky","votes":0,"created_at":"2022-04-19T16:48:45Z"}]},{"id":108349,"entity_id":"wefunder:comment:108349","question":"How do I sign up for updates?","author_name":"Tim Naughton","votes":1,"created_at":"2020-09-30T02:52:59Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-108349","answers":[{"id":201777,"entity_id":"wefunder:comment:201777","answer":"We had an issue with our email updates but everyone should be recieving them via email and on their Wefunder dashboard now. Email me if you are not getting them","author_name":"Michael Oraschewsky","votes":0,"created_at":"2022-04-19T16:49:48Z"}]},{"id":59426,"entity_id":"wefunder:comment:59426","question":"How many shares will I own for $100 investment ?","author_name":"Lyle Notice","votes":1,"created_at":"2019-08-11T01:26:07Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-59426","answers":[{"id":59512,"entity_id":"wefunder:comment:59512","answer":"Lyle you will own 3 shares.","author_name":"Michael Oraschewsky","votes":1,"created_at":"2019-08-12T18:49:46Z"}]},{"id":56353,"entity_id":"wefunder:comment:56353","question":"Hi Michael, do either class of stock have a liquidation preference? Are equity documents available for review somewhere? Thank you.","author_name":"Benji Guilford","votes":1,"created_at":"2019-07-02T18:46:00Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-56353","answers":[{"id":56447,"entity_id":"wefunder:comment:56447","answer":"Benji, We are offering Class B non voting shares. This means your stock does not grant you rights to make day to day company decisions. As far as liquidation preferences all shares, both A and B, are treated equally.","author_name":"Michael Oraschewsky","votes":1,"created_at":"2019-07-03T14:56:46Z"}]},{"id":55612,"entity_id":"wefunder:comment:55612","question":"Great product! The sky is the limit! Why have an exit strategy of being aquired? Why not a goal of being profitable and TBJ Gourmet being a company that does the aquiring?","author_name":"Frank Dunbar","votes":1,"created_at":"2019-06-19T14:38:43Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-55612","answers":[{"id":56083,"entity_id":"wefunder:comment:56083","answer":"Being profitable is always the main goal and beyond that, we hope to make decisions that result in the best possible returns for all stakeholders. Remaining an independent brand is, of course, a possibility, but in our industry brand consolidation has been a major trend as the efficiencies of selling more products through common sales channels are obvious. If you look at the Food and Beverage industry the consolidation has continuously increased with the number of transactions reaching a new record every year.","author_name":"Bruce J Kramer","votes":0,"created_at":"2019-06-26T15:48:28Z"}]},{"id":55262,"entity_id":"wefunder:comment:55262","question":"One question: 1) What is the CAGR for your market(s) expected going forward?","author_name":"Gabriel Rakoski","votes":1,"created_at":"2019-06-14T20:08:15Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-55262","answers":[{"id":55387,"entity_id":"wefunder:comment:55387","answer":"Specialty Foods have been out pacing foods on average at 13.5%. It seems that while the millennial is a bit poorer than their GenX counter parts at similar ages, they are willing to spend more on bespoke items so we believe this trend will continue.","author_name":"Michael Oraschewsky","votes":0,"created_at":"2019-06-17T01:45:08Z"}]},{"id":55212,"entity_id":"wefunder:comment:55212","question":"Dividends? What was your EPS in 2018? Since issuing common stock, what has been your growth in price per share? Is there a plan to go public? I need a prospectus.","author_name":"Scott Russell Berg","votes":1,"created_at":"2019-06-14T01:16:33Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-55212","answers":[{"id":55213,"entity_id":"wefunder:comment:55213","answer":"Hello Scott,There are no dividends. EPS in 2018 were 0.\u0026nbsp;Profit has been and\u0026nbsp;will be dispersed via K1 but we plan to remain break even for the next few years to fuel growth. We have no plans to go public. We plan to exit in a sale event at a minimum of 3x current valuation or level off as a profitable company with slower growth when we hit $10m annual rev.\u0026nbsp;","author_name":"Michael Oraschewsky","votes":0,"created_at":"2019-06-14T01:36:26Z"}]},{"id":55100,"entity_id":"wefunder:comment:55100","question":"What is the total no. of shares on offer? Would this fund be used only towards expansion like creating additional manufacturing infrastructure, building and consolidating inventory or elsewhere like payout to current equity holders or servicing/repaying company debt? What is the revenue projection for 2019-20 with the infusion of this fund? What is your margin on the retail and wholesale of products? Have you been able to suffice the existing demand of buyers? At what revenue will you be able to break even and start profiting? What would be the exit strategy for investors both long-term and short-term?","author_name":"Rohan Goyal","votes":1,"created_at":"2019-06-12T18:12:46Z","canonical_url":"https://wefunder.com/tbj.gourmet#question-55100","answers":[{"id":55102,"entity_id":"wefunder:comment:55102","answer":"Rohan, Approximately 32,000 shares are available during this campaign. Funds will be used primarily for expansion. We have no plans to accelerate debt payments or paying out any current shareholders. We are our current projection for this year is $1.5m but we have a looooot in the funnel. We try to keep a blended 50% Gross Margin. You can look at our financials to drill down further. Our current issue with demand is labor hours. We are scrambling to process demand. I will be hiring shortly to alleviate. As far as traditional demand issues we have none. Our supply chain is strong and our capacity to produce is deep. We could have profited last year, but we put it all back into the marketing. The only exit for individual investors is to privately sell shares. As a whole company, we see the potential exit as a buy out from an existing CPG firm or one of our suppliers wishing to vertically integrate over the next 3-5 years. Let me know if I can go into more detail on any of these.","author_name":"Michael Oraschewsky","votes":0,"created_at":"2019-06-12T18:27:08Z"}]}],"faq":[{"question":"In the form C I could not find any information.Does the class of shares being offered have dividend rights?","answer":"The class of shares being offered do have rights to distribution of profit. All members will receive K1’s reflecting those distributions."},{"question":"Hi, what are your financial projections for this year? What is your exit strategy?","answer":"We are projecting $1.5m in revenue this year without any additional funding. We plan to continue building the brand and reach $10m in revenue while occupying shelf space in 75% of the market it more there y attracting the attention of a larger CPG company."},{"question":"Hi Michael -- a few questions below: General: - How do you measure penetration rate? Financials: - Can you please discuss the 2017-2018 inventory build? - Can you please provide detail on the 2018 LOC (e.g., do these constitute individuals' or related-party loans, terms on the...","answer":"Paul, Thanks for the great questions. Penetration - There are 38,000 food stores viable for our lines and we are in 5,550. Financials Inventory Build was two fold. We expanded from 3 sku's to 14 sku's and expanded from primarily direct to B2B customer to a large portion of product going into distribution. 2018 LOC - is a standard bank LOC used for operating capital. 2018 S\u0026amp;M grew as we were in growth mode. The big pieces were 30% for product demos and 30% for trade shows. The trade show s..."},{"question":"It’s noted that “Over the three months prior, revenues averaged $34,670/month”. The goal for 2019 revenue is $1.5 million. That would indicate a highly seasonal business. Can you provide revenue projections by month for 2019? Thank you.","answer":"Your assumption is correct we experience much higher volumes in Q4 when our products double as gift items. Other spikes occur when we onboard new larger customers as we have to stock all their shelves right off the bat. Currently we are only up 13% over last year's YTD, but our projections are based on historic revenue plus new customers in our sales funnel. 2019 Revenue Projections: May $80k June $370k July $100k Aug $125k Sept $300k Oct $125k Nov $175k Dec $125k"},{"question":"At what time of year do you share the equity and how much should i get if i invest 250 USD?","answer":"The company shares equity by selling shares in this campaign. If you are looking for a profit share, that is a different type of WeFunder campaign which offers profit sharing in exchange for a loan. We are offering equity for sale which may have a profit distribution in the future depending on the amount of profit generated and that would typically occur during Q1. In the near term the real goal is to increase the value of the equity by growing the business as opposed to distributing profits."}]}}}