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 fragrant moss product, very soon. The design, packaging and branding work is all complete and we are just figuring out the final issues in manufacturing/production. When we do launch I hope you can help us by tweeting, Facebook sharing and otherwise spreading the launch online. If you have connections to journalists or online distributors now would also be a great time to introduce those to us.
Thank you once again for the trust and faith you have shown by investing in TAXA. It truly is an honor to have your support and I’m continually humbled by the belief you have shown in what we are working on, even more so given that we have not met many of you in person. Without that trust our mission to use biotechnology to create a more sustainable future would just not be possible.
Please don’t hesitate to reach out to me if you have any questions, comments, concerns or interesting ideas to share with us.
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 233 startups
Wefunder Advisors LLC
for 98 startups
for 1 startup
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 312,543 investors who funded 319 startups with over $113.5 million1
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Wefunder Portal LLC.
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Regulation Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Regulation D and A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
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