Based on information filed with the SEC, Mrs Erb’s Sustainable Foods reported the successful subscription and close of its non-brokered equity financing. One financial backer invested $100,000 almost two weeks ago. No offering was previously initiated by the company under a registration exemption with the SEC.
The company is behind Chia Star a chia seed-based beverage that comes in various flavors such as Blackberry Lime Refresh, Peach Green Tea Fusion, Pineapple Honey Love and Lemon Berry Splash. The beverage is hand crafted and micro-batched in Vermont, adjustments are made with each batch until the flavor is perfected. All flavors of Chia Star are vegan, gluten free, non GMO, and certified organic. Most of the flavors use organic stevia leaf as sweetener.
The company, headquartered in Denville NJ, is led by Sara Erb (President). Mrs Erb’s Sustainable Foods elected to keep its revenues undisclosed.
The executive team includes Audrey Erb.
The board of directors includes David Walters, Gary Madia, Jason Pouncy and Wayne Erb.
Company: Mrs Erb’s Sustainable Foods
Amount offered: $100,000
Amount placed: $100,000
First sale: 03-05-2014
Data as of: 03-17-2014