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Table 5 Previous Rounds of Financing - Table 5 and the preceding and following text describes Eco-Products financing history. Expand on this table to list
Table 5 Previous Rounds of Financing - Table 5 and the preceding and following text describes Eco-Products financing history. Expand on this table to list pre- and post-money valuation at each DATE USE OF FUNDS SHARE CAMPAIGN PRICE GOAL AMOUNT RAISED INVESTORS financing event, and the percent of company that was purchased by the investors 1990 1995 1999 at each financing event. Pay attention to the 100-1 stock split that occurred in Seed money Inventory Building supply division Inventory Inventory Working capital, inventory 2003 2007 2007-2008 $0.10 $1.00 $1.50 $5.00 $10.00 $1.00 $8,000 $20,000 $18,000 $80,000 $220,000 $3,500,000 $8,000 $20,000 $18,000 $80,000 $220,000 $2,500,000 investors - Savage family Kont Savage, Steve Savage 4 investors - Friends, family and employees investors - Friends and family 14 investors - Friends and family, angels 30 angel investors - local and out of state 2007. This means that after the financing event of 2007, 99 additional shares were issued to every shareholder for every share owned, resulting in 100 times the amount of shares outstanding after this split. So, after the 2007 financing but before this split there were 121,275 shares outstanding. Table 5 Previous Rounds of Financing - Table 5 and the preceding and following text describes Eco-Products financing history. Expand on this table to list pre- and post-money valuation at each DATE USE OF FUNDS SHARE CAMPAIGN PRICE GOAL AMOUNT RAISED INVESTORS financing event, and the percent of company that was purchased by the investors 1990 1995 1999 at each financing event. Pay attention to the 100-1 stock split that occurred in Seed money Inventory Building supply division Inventory Inventory Working capital, inventory 2003 2007 2007-2008 $0.10 $1.00 $1.50 $5.00 $10.00 $1.00 $8,000 $20,000 $18,000 $80,000 $220,000 $3,500,000 $8,000 $20,000 $18,000 $80,000 $220,000 $2,500,000 investors - Savage family Kont Savage, Steve Savage 4 investors - Friends, family and employees investors - Friends and family 14 investors - Friends and family, angels 30 angel investors - local and out of state 2007. This means that after the financing event of 2007, 99 additional shares were issued to every shareholder for every share owned, resulting in 100 times the amount of shares outstanding after this split. So, after the 2007 financing but before this split there were 121,275 shares outstanding
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