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Equity – Common
$24,300,000
06/17/2022
Santa Monica, California
Fitness & Wellness
TruBrain, with a valuation of $24.3 million, is raising funds on StartEngine through Reg A+ crowdfunding. The company provides cognitive nutrition in the form of brain food containing CBD. The products of TruBrain are made with high-quality ingredients using their unique formulas and help improve the brain’s abilities and overcome mental blocks. TruBrain achieved profitability in 2019 and has reported $17 million in lifetime sales. Chris Thompson founded TruBrain in 2012. The current crowdfunding campaign has a maximum target of $9,315,000. The campaign proceeds will be used for research and development, sales and marketing, capital expenses, and general and administrative expenses.
Balance Sheet
|
Cash and Cash Equivalents |
$1,284,276 |
|
Investment Securities |
$0 |
|
Total Investments |
$0 |
|
Accounts and Notes Receivable |
$0 |
|
Loans |
$0 |
|
Property, Plant and Equipment (PP&E) |
$0 |
|
Property and Equipment |
$0 |
| Total Assets |
$1,583,825 |
|
Accounts Payable & Accrued Liabilities |
$74,037 |
|
Policy Liabilities and Accruals |
$0 |
|
Deposits |
$0 |
|
Long Term Debt |
$113,859 |
|
Total Liabilities |
$1,374,042 |
|
Total Stockholders’ Equity |
$209,783 |
| Total Liabilities and Equity |
$1,583,825 |
Statement of Comprehensive Income Information
|
Total Revenues |
$2,139,169 |
|
Total Interest Income |
$0 |
|
Costs & Expenses Applicable to Rev |
$959,151 |
|
Total Interest Expenses |
$0 |
|
Depreciation and Amortization |
$0 |
| Net Income |
$73,257 |
|
Earnings Per Share – Basic |
$0.00 |
|
Earnings Per Share – Diluted |
$0.00 |
Auditor: Fruci & Associates II, PLLC
Financials as of: 06/15/2022
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