# Modern Times Drinks, Inc. — Form C-U (Regulation Crowdfunding)

Modern Times Drinks, Inc. of San Diego, CA filed a Form C-U (Regulation Crowdfunding) with the SEC on 2020-06-03. Target raise $50K, up to $1.1M. Offered through Wefunder Portal LLC.

## Offering

- Filed: 2020-06-03
- Form: C-U
- Accession: 0001670254-20-000415
- Target amount: $50K
- Maximum amount: $1.1M
- Security type: Common Stock
- Securities offered: 199
- Price: $252.2000
- Deadline: 2019-04-30
- Funding portal / intermediary: Wefunder Portal LLC
- Intermediary file number: 007-00033
- Intermediary CRD: 283503

## Issuer

- CIK: 0001771430
- Website: http://www.moderntimesbeer.com
- Legal status: Corporation
- Organized in: CA
- Incorporated: 2017-05-01
- Address: 3725 Greenwood St, San Diego, CA, 92110
- Employees: 225

## Financials (as filed)

- Total assets (most recent): $13.4M
- Cash (most recent): $702K
- Revenue (most recent): $19.2M
- Revenue (prior): $14.9M
- Net income (most recent): $-1.3M
- Net income (prior): $2.7M
- Short-term debt: $4.3M
- Long-term debt: $18.0M

## People (9)

| Name | Role | Location |
| --- | --- | --- |
| David Israel | Director | Northbrook, IL |
| David Israel | Member, Board of Directors | Northbrook, IL |
| Jacob Mckean | CEO | San Diego, CA |
| Jacob Mckean | Chief Executive Officer | San Diego, CA |
| Jacob Mckean | Chief Executive Officer, and President | San Diego, CA |
| Amy Krone | Director | SAN DIEGO, CA |
| Amy Krone | Director of Art | SAN DIEGO, CA |
| Chris Sarette | Chief Operations Officer | SAN DIEGO, CA |
| Christopher Sarette | Chief Operations Officer, Secretary | SAN DIEGO, CA |

## Reg CF filing history (3)

| Filed | Form | Target | Max |
| --- | --- | --- | --- |
| [2020-06-12](https://search.stillhousedata.com/formc/0001644600-20-000013) | C-AR | — | — |
| [2019-04-08](https://search.stillhousedata.com/formc/0001670254-19-000168) | C | $50K | $1.1M |

## More

- [CIK 1771430 on SEC EDGAR (source of record)](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1771430&type=&dateb=&owner=include&count=40)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/formc/0001670254-20-000415.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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