Question 1

Hi, great presentation. I'm tempted to invest just because of the perks! But I do have questions: 1. Valuation is high considering how long you've been in business and your rate of growth (even at 50% annual growth you don't hit this valuation for more than 5 years). How do yo...

Accepted Answer

Hi Alan, Thank you so much for your interest in investing in The Cookie Department and I'm delighted to answer your questions.  We set up the perks so it would be hard for people to turn down the opportunity...  Who doesn't like cookies, right?! We didn't assign a valuation for this round as it's a convertible note, and a valuation cap applies to convertible note rounds (valuation cap, not to be confused with valuation). For more information a...

Question 2

When does this investment round end?

Accepted Answer

Hi Michael,Great question! This investment round ends on 2/26/2019.

Question 3

Hi, I am an investor from Malaysia. I have 4 questions: 1) Referring to your FY2017 statement, accounts receivable increased about 4 times while revenue increased less than 10% (both compared to FY2016). Why was it so? 2) What was the loan to shareholder of $63k (FY2017 figure...

Accepted Answer

Good afternoon Yoong,Thank you so much for the questions.  I'm sorry for the delay.  I've been super busy opening up new accounts this week.  1.The revenue in Q4 2017 exceeded the revenue for Q 4 2016 by 70%, thus the timing of incoming revenue Q over Q, coupled with extended payment terms for larger orders booked in 2017 vs 2016 resulted in a higher AR balance at year end. 53% of the 2017 A/R balance was however in the  "current' bucket as of year end....

Question 4

Akiva, any updates to share? Also, with the surge in Plant Based diets, are you considering additional vegan options?

Accepted Answer

Hi there Brandon,Thank you so much for the email and I'm very sorry for the delay in responding.  We're not launching any new vegan cookies in the near future however we are working towards launching two new KETO cookies.  We've been getting a ton of interest from current customers and potential buyers.  They're all starting to demand great tasting KETO products and we're going to be there to fulfill their needs!  The cookies are low carb, high in fat and have barely any s...

Question 5

Do you intend to pay a dividend?

Accepted Answer

Hi Craig, thank you for the question. At this moment we are not paying a dividend and we don't have any plans to in the near future.

The Cookie Department

Keto cookies inspired by a husband's love for his medically challenged wife.

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