Weeds Never Sleep
The HotZot is the first tool to effectively kill weeds organically.
Analytics
Raised to Date: $29,648
Aggregate Commitments $
TruCrowd
07/03/2019
12/31/2020
$10,000
$100,000
$300
SAFE
RegCF
Pre-Seed
$2,500,000
0%
Weekly Commitments $
Active
10/25/2020
65
296%
30%
$62
37
Consumer Products, Goods & Services
AgriTech
B2C
High
High
Weeds Never Sleep, the manufacturer of HotZot with a pre-money valuation of $2.5 million, is raising funds on TruCrowd. HotZot is the ultimate solution to the problem faced in golf courses, parks, playgrounds, schools, and gardens: weeds. The revolutionary tool of Weeds Never Sleep is an organic sprayer that destroys weeds by pointing and shooting boiling water with organic herbicides on them. Weeds Never Sleep was founded by Bonnie Bruce and Michael Peterson. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $100,000, and the proceeds will be used for engineering, prototyping, marketing, advertising, and other fees. HotZot of Weeds Never Sleep is already patented, and the company has received over 300 requests to buy the product even before it is launched.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$200 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-125,806 |
$-21,430 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$12,346 |
$26,242 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$12,346 |
$26,242 |
|
Short-Term Debt |
$239,254 |
$122,671 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$239,254 |
$122,671 |
Ratings
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