Homecrowd sourcedDrs Diet on Self Managed 2022

Drs Diet on Self Managed 2022

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Security Type

Equity – Common

Location

Englewood Cliffs, New Jersey

Industry

Consumer Products, Goods & Services

Tech Sector

EnterpriseTech

Drs Diet is raising funds independently through Reg A+ crowdfunding. The company has developed an app that helps users manage weight loss. The app helps users in keeping a written food diary and managing what they eat and drink. The documentation of calorie intake helps in reducing the food intake. Additionally, the analysis of patients’ food diaries also enables healthcare providers to make modest changes in food intake to lead to significant weight loss. Dr. Baldev Sandhu founded Drs Diet in January 2022. The current crowdfunding campaign has a maximum target of $5,000,000. The campaign proceeds will be used for the inventory of liquid meal replacement drinks, improvement of the app, hiring, marketing, and working capital.

Balance Sheet

Cash and Cash Equivalents

$4,125

Total Assets

$4,125

Total Stockholders’ Equity

$4,125

Total Liabilities and Equity

$4,125

Statement of Comprehensive Income Information

Costs & Expenses Applicable to Rev

$2,031

Net Income

$-2,031

Earnings Per Share – Basic

$0.00

Earnings Per Share – Diluted

$0.00

Auditor: Heaton & Company, PLLC

Financials as of: 07/19/2022

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