Cliff Smith

ESCONDIDO, CA (USA)
Role(s):
Founder/Owner/Principal

Cookie Club of America, Inc.

Find More Startups Startup
Location: Escondido
Industry: Wholesale
Year Founded: 2018
Number Employees: 1-10 people
Business Stage: Growth (not profitable)
Entity Type: "C" Corporation
Description: Consumer product licensing is a hidden industry with revenues of several hundred billion dollars. We’ve formed Cookie Club of America (CCA),as a unique snack food brand affinity product. CCA is currently licensed with The Open Golf Championship, San Diego Zoo Global and soon to be added, NASCAR. Our launch mission is to fulfill and build out these initial license branded opportunities through the multiple vertical markets available to us both on, and offline. The knowledge gained from these licenses, including the predictability of long-term opportunities, will provide informed decisions as to where to place future capital for optimum return. Online Component: Our online store will offer products from other U.S. based bakeries from all 50 states. With the addition of our licensed brands CCA will act as an online marketplace providing third party bakeries with a huge amount of visibility that they simply could not achieve on their own. CCA will take a brokerage fee for the sale with orders filled directly by these third party suppliers. We are seeking a minimum of $250,000 up to $1.5 million, structured as debt with an equity kicker Proceeds will sustain the operation as outlined in the business plan and operating budget. Each Lender will receive Warrants for Class B Common shares at 10 cents ($.10) per share. Each $250,000 in Notes will receive warrants for 250,000 shares - equivalent to a 5% interest in the current company’s equity. 1.5 million shares of Class B stock are set aside for these warrants. Warrants are exercisable at any time, until they terminate ten years from the date of issuance. The Notes will accrue interest at 8% per year compounded annually. We expect that an initial $200,000 will create the dies, associated packaging and point-of-sale materials to propel us into revenue. The Company will seek a follow-on round of $10-$15Mil, opening global market penetration, compliments of our superior production and distribution capacities.