Mediloq on StartEngine 2022 – KingsCrowd

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Mediloq on StartEngine 2022 – KingsCrowd


Safety Kind

Fairness – Frequent

Pre-Cash Valuation

$5,994,754

Reporting Date

12/06/2022

Chance of Max

Momentum

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Location

Boulder, Colorado

Trade

Client Merchandise, Items & Companies

Mediloq, with a valuation of $5.99 million, is elevating funds on StartEngine. The corporate makes and sells closed-loop child-safe containers for pharmaceutical and complement producers. The containers of Mediloq are secure and sustainable alternate options to disposable plastic packaging and are sturdy sufficient to stay child-safe over a lifetime of reuses and refills. Mediloq has generated vital e-commerce income and has signed an settlement with an organization to promote its merchandise into over 2,000 B&M shops throughout the US. Dan Estoque, Nicolas Legare, and Henry Burgess-Marshall based Mediloq in October 2016. The present crowdfunding marketing campaign has a minimal goal of $14,999.73 and a most goal of $581,202. The marketing campaign proceeds shall be used to develop next-gen sustainable child-safe packaging, automated wash and check tools, and a kiosk assortment system, develop partnerships, construct a distribution community, and strengthen the patent positions.

Abstract Revenue and Loss Assertion

Income

$23,733

$39,091

COGS

$6,906

$52,211

Tax

$0

$0

 

 

Web Earnings

$-22,875

$-45,784

Abstract Steadiness Sheet

Money

$791

$2,981

Accounts Receivable

$0

$0

Whole Property

$791

$55,363

Brief-Time period Debt

$81,190

$58,724

Lengthy-Time period Debt

$0

$126,615

Whole Liabilities

$81,190

$185,339

Financials as of: 12/05/2022

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Elevate Historical past

Mediloq 02/03/2023 StartEngine $5,994,754 $0 Fairness – Frequent
Lively
RegCF
Mediloq 09/29/2022 Ignite Social Influence $3,125,000 $36,800 Fairness – Frequent
Funded
RegCF

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