This Reg CF offering is made available through Community Bond, LLC.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
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About
Combat Flip Flops - Business, Not Bullets
Veteran-owned footwear and lifestyle brand using manufacturing to turn areas of conflict into places of hope and prosperity
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| We are a Veteran-Owned business turning areas of conflict into places of hope and prosperity. With every product we craft, we're changing the narrative – fighting against the 'Forever Wars' by creating lasting jobs and peace. We are a positive example of America in today’s conflict areas. We share the stories of success that are contrary to main stream media. Combat Flip Flops demonstrates the most upstanding examples of those that live the mantra, “Be a Better Human.” Small business owners in conflict zones are THE leaders in their communities. Over the past 12 years of operations, these leaders perpetually improve the quality of their products, commitment to inclusion of the oppressed, and relentlessly work through problems to deliver. |
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Use of Proceeds
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The number one historical problem for Combat Flip Flops has been inventory due to available operating capital. Due to the manufacturing locations and focus on direct-to-consumer web sales, financing institutions were unwilling to support our inventory needs. Without that kind of financial backing, Combat Flip Flops used all available cash to fund production and ship to the Combat Flip Flops warehouse. Products quickly sold through, then Combat Flip Flops had to wait another 30-60 days for a delivery. During this period of zero inventory, Combat Flip Flops would heavily discount product with a “pre-sale” model–securing the sale, yet sacrificing profit margin. |
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Offering Documents
Meet the Combat Flip Flops - Business, Not Bullets team
Business, Not Bullets.
CEO
Matthew Griffin
West Point Graduate, Army Ranger, Combat Veteran, Henry Crown Fellow, Entrepreneur, Father, Husband.
President
Andy Sewrey
30 years experience in the construction industry, product design, project management, and logistics.
CMO
Donald Lee
20 years of online marketing experience. Army Ranger. Combat Veteran.
Advisors
Mark Cuban
is an American billionaire businessman, film producer, investor, and television personality. He is the owner of the Dallas Mavericks of the National Basketball Association (NBA), co-owner of 2929 Entertainment, and one of the main "sharks" on the ABC reality television series Shark Tank.
Paul Litchfield
was the Vice President of Advanced Concepts at Reebok from 1986 to April 2015. Mr. Litchfield began working in the athletic footwear industry at Reebok more than 30 years ago and is regarded as one of the most influential product creation experts in the industry
Pete Kadens
is a serial entrepreneur and dedicated philanthropist who currently serves as the Chairman of The Kadens Family Foundation, a charitable organization dedicated to closing the pervasive wealth and education gaps in the U.S.. Pete was a co-founder and served as CEO of Green Thumb Industries, currently the second largest cannabis company in the world with a current market capitalization of over $6 billion. Green Thumb industries went public in 2018 and transitioned to full time efforts at The Kadens Family Foundation.
Sheryl Tullis
is a success technology leader. From military information systems to tech marketing leader, her career spans P&G, Microsoft, mobile experience agencies, staffing, and technology consulting. Sheryl automated the first decision support system for the Army Directorate of Information Management in Germany, then created and led Procter & Gamble’s first e-commerce business. At Microsoft she served as Chief of Staff to the Chief Marketing Officer, helping transform the company’s shift to digital marketing. She then led the Marketing Excellence group, responsible for talent, training and development for 7,700 marketers, digital capabilities, and World Class Marketing practices.
Testimonials
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5-STARS EVERY TIME |
Project FAQs
Answer: Hello, A) 2023 Average Monthly Burn Rate (with marketing) : $46,296.44 A2) 2023 Average Monthly Burn Rate (without marketing and commissions): $24,251.72 B) Cash on hand: Ranges around the $35K range depending on sales deposits and ad expenses. We're in the low cash time of year as we're bringing in Spring inventory. C) At the current time, Main Street Bond is our only round. We are talking to a couple angels for investment after this round closes. VC firms have been 100% unsupportive over the last 18 months of fundraising, so we're not going to invest our time there any longer.
Answer: Hi There, Had a couple technical difficulties with the platform (user error) getting the questions sorted. The closing date was moved until the end of February. Combat Flip Flops was the first company to launch on Main Street Bond and we've been getting the bugs shook out. Plus, January is tough as most people are still recovering from holiday spending. Thanks for supporting the mission.
Answer: Hello. We extended the closing date until the end of February. Being new to the platform, it took us a few days to find all the original closing date mentions and get them changed to the new closing date on the Amended Form C.
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