Hawaiian Ola Brew Co.

Hawaiian Ola Brew Co. logo via Clearbit

Profile

According to their SEC filings, Hawaiian Ola Brew Co. is a Corporation organized in HI on 12-22-2015. They report having 10 employee(s), and revenue in their most-recent fiscal year of $56,182.00 and $0.00 the prior year.

Location

74-5598 Luhia Street

Kailua-Kona, HI 96740

Equity Crowdfunding Campaigns

Reg CF Offering from Hawaiian Ola Brewing Corporation (Active)

Campaign Details

According to their SEC filings, Hawaiian Ola Brewing Corporation is raising $50,000.00 (up to a maximum of $300,000.00) in Convertible Note via Wefunder with a current deadline of 04-27-2019.

As compensation for managing the offering, Wefunder is being compensated as follows:

5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.

In addition to any direct compensation, Hawaiian Ola Brewing Corporation reports that Wefunder will also receive the following financial interest in the offering:

Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise.

Reg CF Offering from Hawaiian Ola Brewing Corporation (Previous)

Campaign Details

According to their SEC filings, Hawaiian Ola Brewing Corporation previously ran a Regulation Crowdfunding campaign to raise $50,000.00 (up to a maximum of $500,000.00) in Convertible Note via Wefunder before a deadline of 04-30-2018.

As compensation for managing the offering, Wefunder reported being compensated as follows:

5.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.

In addition to any direct compensation, Hawaiian Ola Brewing Corporation reported that Wefunder would also receive the following financial interest in the offering:

Securities equal to 2.0% of the securities sold will be issued to the intermediary upon a successful fundraise.

Reg CF Offering from Hawaiian Ola Brewing Corporation (Previous)

Campaign Details

According to their SEC filings, Hawaiian Ola Brewing Corporation previously ran a Regulation Crowdfunding campaign to raise $100,000.00 (up to a maximum of $1,000,000.00) in Convertible Note via Wefunder before a deadline of 05-01-2017.

As compensation for managing the offering, Wefunder reported being compensated as follows:

3.0% of the offering amount upon a successful fundraise.

In addition to any direct compensation, Hawaiian Ola Brewing Corporation reported that Wefunder would also receive the following financial interest in the offering:

No

Hawaiian Ola Brewing Corporation filed the following progress report with the SEC at the end of their campaign:

The final number is $496,140.00 in investments.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $56,182.00 $0.00
Cost of Goods Sold $21,309.00 $0.00
Taxes Paid $3,031.00 $0.00
Net Income $-611,104.00 $-155,318.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $187,127.00 $244,325.00
Accounts Receivable $1,510.00 $0.00
Short-term Debt $118,065.00 $42,592.00
Long-term Debt $2,231,004.00 $791,038.00

Complete Reg CF filings list for Hawaiian Ola Brew Co.

  • New Filing Form C

    [2018-11-16T21:37:58+00:00] Hawaiian Ola Brewing Corp filed a Form C to raise a target amount of $50,000.00 (up to a maximum of $300,000.00) of Convertible Note via Wefunder.

    File number: 020-24917

  • [2018-04-27T21:28:00+00:00] Hawaiian Ola Brewing Corp filed an amended Form C (Form C/A) regarding their offering to raise a target of $50,000.00 via Wefunder. The nature of the amendment was described as follows:

    Lowered target offering amount, and updated business plan.

    File number: 020-23992

  • New Filing Form C

    [2018-02-16T18:49:41+00:00] Hawaiian Ola Brewing Corp filed a Form C to raise a target amount of $200,000.00 (up to a maximum of $500,000.00) of Convertible Note via Wefunder.

    File number: 020-23992

  • [2018-02-12T18:13:08+00:00] Hawaiian Ola Brewing Corp filed a fundraising progress report (Form C-U) with the following update: "The final number is $496,140.00 in investments."

    File number: 020-22900

  • [2017-04-28T16:13:38+00:00] Hawaiian Ola Brewing Corp filed an amended Form C (Form C/A) regarding their offering to raise a target of $100,000.00 via Wefunder. The nature of the amendment was described as follows:

    Changed deadline date to May 1, and updated business plan.

    File number: 020-22900

  • [2017-03-01T18:05:40+00:00] Hawaiian Ola Brewing Corp filed an amended Form C (Form C/A) regarding their offering to raise a target of $100,000.00 via Wefunder. The nature of the amendment was described as follows:

    Extended deadline date to June 1st, and updated business plan.

    File number: 020-22900

  • [2016-09-06T17:16:31+00:00] Hawaiian Ola Brewing Corp filed an amended Form C (Form C/A) regarding their offering to raise a target of $100,000.00 via Wefunder. The nature of the amendment was described as follows:

    Changed offering terms, extended deadline, increased maximum offering amount to $1M, included CPA reviewed financials, and updated business plan.

    File number: 020-22900

  • New Filing Form C

    [2016-06-22T11:30:47+00:00] Hawaiian Ola Brew Co. filed a Form C to raise a target amount of $100,000.00 (up to a maximum of $0.00) of Convertible Note via Wefunder.

    File number: 020-22900