Clean Bite, LLC has filed an OPO (Online Public Offering) with the U.S. Securities and Exchange Commission (SEC) using NetCapital.com. Netcapital is a Funding Portal registered with the U.S. SEC and member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association, as required by SEC rules.
The pre-money valuation is $8M and the SEC Regulation CF raise has a targeted post-money valuation of $9,068,000.
Clean Bite, LLC began in earnest when, after months of review by J&J, a non-descript position for not moving forward was rendered. Clean Bite™ had been represented by J&J as a vetted answer to oral hygiene for populations whose access to potable water was speculative, and discussions ended without criticism or comment. The frontend of enthusiasm was as palpable as the disingenuous backend, that seems common among FMCG (Fast-moving consumer goods) manufacturers. The take away is simple, after they extract from the innovator what they want, and if it does not represent a potential loss of market share that would disrupt the status quo, then the priority is rendered as mitigated.
What is relevant are innovators with patented IP who are willing to take on a market challenge, recognizing that initial volume of manufactured product will not satisfy demand if the innovation is accepted by early adapters. Controlling expansion and associated costs to manufacture through this period to reach the tipping point of about 18% penetration will help to secure a burgeoning space within a new market. At this point, mitigation has failed, and the status quo breached. Then, the viability of franchise manufacturing becomes a multiple revenue stream as illustrated, rather than a capital expenditure taken on as debt or funding in exchange for equity.
Even small quantities on a regional basis can help to support the extrapolation of projected trends, especially in the case of Clean Bite™, because it is a product that has the potential to be used by everyone with few exceptions. This universal capability for usage produces exponential numbers when taken to the extreme. It is for this reason that market acceptance is categorized by individual circumstances of the user, and group populations portraying situations.
This approach to franchise manufacturing coupled with the new tax benefits for manufacturing firms, that provide for the option of accelerated depreciation, all create various incentives for franchisees to control their investment strategies. In the near future, a few franchises will be made available with a reasonable deposit based on the production output projections, along with plant and region size.
For more information on each of the members and investment participation and posting of questions please view: https://netcapital.com/companies/clean-bite.
You may also review these Articles and ask questions on www.CleanBiteTM.com and https://www.linkedin.com/in/john-h-gallagher-jr-6ba3a78/
Team Clean Bite