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BUSINESS INVESTMENT TO-DATE

  1. Q1 2019: Moved from contract labor in manufacturing to full-time production staff
  2. January 2019: First warehouse facility acquired
  3. June 2019: Enlisted professional consulting personnel to facilitate in revenue forecasting, syndicated and internal data analytics, sales planning, and capital raise support
  4. November 2019: Capital investment in production in 2-100 gallon kettles
  5. December 2019 - Q1 2020: Acquired and implemented ERP software system to manage all aspects of business
  6. March 2020: Moved into new, larger, state-of-the-art manufacturing facility and warehouse, added senior sales staff member, and added Sherpa production staff.
  7. April 2020: Signed contract to purchase monthly syndicated SPINS data

MANPOWER (PRODUCTION/SALES)

Additional personnel/staff to support expansion into cans and expansion geographically across the country.

CAN CO-PACKING SUPPORT

Capital Investment in creating and producing the first refrigerated RTD chai In the nation.

BOTTLING LINE ACQUISITION

Capital to purchase and Install equipment to fully support processing and packaging of chai in bottle format on a national level.

MARKETING SUPPORT AND RESOURCES

Capital to further enhance brand marketing programming and social media presence, retailer-specific marketing programming, demo support, Sherpa Chai swag, and event marketing.

EXTERNAL SALES SUPPORT RESOURCES

Access to key partners, brokers, and merchandising to support national expansion of product.

PRODUCT INNOVATION

Capital to ensure successful launch of cans into market, potential consideration for feature flavor offerings, customized case stack/shippers for retailers.

FACILITY EXPANSION

More space to house production line, corporate office/staff in one central location.

CHAI PRODUCT CERTIFICATION

Provide the highest quality chai product that is organic & GMO-free, gluten-free, vegan, etc. via appropriate product certification process.