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GET A PIECE OF GINJAN BROS

African inspired hospitality brand

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$182,450 Raised

REASONS TO INVEST

ABOUT

HEADQUARTERS
c/o Ginjan Bros, Inc. 800 Grand Concourse - 1 JS
Bronx, NY 10451

TEAM

Mohammed Diallo
Mohammed Diallo
CEO and Director

Mohammed is the Co-founder and CEO of Ginjan Bros, Inc. He sets the vision, leads strategy, and ensures project execution and alignment with the company's goals. Mohammed’s background is in the financial and legal services. He spent 5 years advising clients on a variety of financial products at one of the nation’s largest and most historied insurance and financial services firms, New York Life. In addition to providing his expertise to help steer finances and oversee strategy for Ginjan Bros, he has for the last two years lent his skills to a high growth venture backed financial technology startup in NYC. Mohammed holds a B.S in Business Administration & Management from Mercy college, where he played collegiate soccer on scholarship. Upon successful completion of this round of funding, Mohammed will focus all of his efforts on realizing the full potential of Ginjan Bros, Inc. He currently spends ~ 30 hours per week on the company. Mohammed is an anime expert and loves music. -------------------------Work History------------------------------- Company: Policy Genius (current primary employer) Title: Case Manager Dates: Jan 2017- Present Company: Ginjan Bros Title: Co-founder CEO Dates: Jul 2015- Present Company: New York Life Title: Licensed Agent Dates: Oct 2012 - Jan 2017 For a more detailed and complete profile on Mohammed's experiences, please visit his LinkedIn profile.

Ibrahima Diallo
Ibrahima Diallo
COO and Secretary

Ibrahima “Rahim” leads operations full time for Ginjan Bros, Inc. Rahim is a Materials Engineer by training, with ~ 10 years of experience in the hospitality industry dealing with food and wine purveyors in a variety of specialities, including: Italian, Chinese, Mediterranean, West African, South African, & Irish. Rahim’s latest role was as a Food and Beverage Manager at an event space, bar and restaurant in Harlem with a turnover of over $1MM per year. Rahim holds a B.S in Biomaterials engineering from Michigan State University, and a Master’s in Materials Science, focusing on electrochemical devices, mainly fuel cells for transportation and power generation. Rahim is a member of the National Society of Black Engineers. Rahim is an avid reader and a fan of the art of motion pictures (kids today call it movies). -------------------------Work History-------------------------------- Company: Ginjan Bros Title: Co-founder / COO Dates: May 2015- Present Company: My Image Studios Title: Food & Beverage Manager Dates: Nov 2014 - Dec 2015 Company: Experteer Title: Senior Analyst Dates: May 2013 - Dec 2014 For a more detailed and complete profile on Rahim's experiences, please visit his LinkedIn profile.

Ruen Ellis

Ruen Ellis

Brand & Design

Ruen has been involved in the incubator stage and launch of several brands, lending his research-led business development and design edge to the process. From consumer facing hospitality and fashion brands to enterprise facing technology clients, he has been the custodian of the creative direction process for small & medium businesses to Fortune 500 companies, like Citi bank, Estée Lauder, Allergan, Southwest, Bacardi, Toshiba, Swipecast, and WPP. Ruen leads creative at MOJO, ensuring that a solution driven design process adds true value to all of the firm's clients’ digital & brand needs.

Raul Wikkeling

Raul Wikkeling

Business Development

Over the last 8 years, Raul has led business development and fund raising efforts for startups in the apparel, technology (virtual & augmented reality), and CPG sectors. Prior to focusing on early stage companies, Raul worked in finance in a boutique private equity shop, bringing along significant experience with mid-cap privately held firms in the leisure, food, and entertainment industries.

Victoria Hewitt

Victoria Hewitt

Marketing

Coming from a journalism background, Victoria spent her early career in the fashion world as a model in the US and Europe. Working with household brands like Victoria’s Secret, Ysa Makino, 7th House, and Stephen Yearick. Victoria also comes from a family of holistic practitioners, which gave her a deep appreciation and understanding of the healing powers of food. After years of being her own product as a model, Victoria found her passion working with natural food brands with a focus on the healing properties of food. After years working as an account manager, she quickly found her niche in the product support, event marketing, sales and product placement arena. She now owns Excellent foods, a field marketing and branding company that focuses on helping natural food brands build their point of sale marketing initiative. She handles field marketing efforts for Ginjan as a contractor.

Gary Baddeley

Gary Baddeley

Operations

Gary Baddeley is an entertainment industry executive and attorney with deep experience in Digital Strategy, Film Production & Distribution, Music, Television, Publishing, Licensing and Start-ups. He is a member of the New York Bar with a JD from New York University School of Law; and a director of OTC Markets Group, Inc. (OTCQX: OTCM) and Downtown United Soccer Club, Inc.

TERMS

Ginjan Bros
Overview
INTEREST RATE
6.0%
VALUATION CAP
$10M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$350
CONVERSION TRIGGER
$1,000,000
OFFERING TYPE
Convertible Notes

Most Recent Fiscal Year-End

Prior Fiscal Year-End

Total Assets

$33,994

$27,003

Cash & Cash Equivalents

$24,659

$17,745

Accounts Receivable

$2,821

$2,854

Short-Term Debt

-$1,380

$1,380

Long-Term Debt

$34,925

$34,925

Revenue & Sales

$73,023

$109,824

Costs of Goods Sold

$1,106

$39,700

Taxes Paid

$79

$79

Net Income

-$45,550

-$93,283

What is a Convertible Note?

A convertible note offers you the right to receive {security_name} in Ginjan Bros. The amount of {security_name} you will receive in the future will be determined at the next equity round in which the Company raises at least $1,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $10,000,000.00 Valuation Cap or if less, then you will receive a % discount on the price the new investors are paying. You also receive 6.00% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to receive {security_name} equal to your investment and interest back at a price per security determined by dividing the Valuation Cap by the aggregate number of outstanding equity securities of the Company as of immediately prior (on a fully diluted basis).

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that we cannot anticipate at this moment. This may include fees and expenses we incurred in marketing this equity crowdfunding, and other expenses during our day to day operations that we cannot reasonable anticipate at the moment. Hence the reason for budgeting for miscellaneous expenditures and capital reserves. Additionally, given that Ginjan Bros, Inc. will absorb and assume all the assets and liabilities of Ginjan Bros, LLC. As such, we will use some of the proceeds to service debt accrued by Ginjan Bros, LLC. Below is the list of debts currently held by Ginjan Bros, LLC that will be assumed by Ginjan Bros, Inc. Debt Issuer: American Entrepreneurship Award Relationship to Ginjan Bros: Grant maker / Creditor Debt type: Grant or interest free debt Debt maturity: 12.31.2021 Interest rate: 0% Opening balance: $25,000.00 Current balance (as of 09.06.2018): $20,000.00 Repayment schedule: $5,000.00 annually in one lump sum Debt Issuer: Kiva.org Relationship to Ginjan Bros: Creditor Debt type: Interest free debt Debt maturity: 05.26.2019 Interest rate: 0% Opening balance: $10,000.00 Current balance (as of 09.06.2018): $2,500.46 Repayment schedule: $277.77 monthly Debt Issuer: Nora Lamraidi Relationship to Ginjan Bros: Wife and Sister-in-law of Co-founders Mohammed Diallo and Ibrahima Diallo, respectively. Debt type: Interest free family debt Debt maturity: flexible Interest rate: 0% Opening balance: $50,000.00 Current balance (as of 09.06.2018): $50,000.00 Repayment schedule: N/A $74,500.46 is the total amount that will be assumed by Ginjan Bros, Inc. upon successful completion of this financing event; and the subsequent absorption of Ginjan Bros, LLC.

PRESS

Article Image
Wendy Williams

We're featured on the Wendy Williams Show

Article Image
How I Built This

We get featured on the How I built this podcast

Article Image
Once teen immigrants, sports helped GinJan Bros. founders find their place in the U.S.

Chronicle of how sports helped two young immigrants (Mohammed & Rahim) find their tribe in a new country.

Article Image
This Ginger Drink Is Spicy, Sweet, and Perfect for Summer

"In Conakry, Guinea, when the kids had a break from classes to buy lunch from nearby street vendors, the food varied, but the drink was always the same."

ALL UPDATES

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Ginjan Bros.

JOIN THE DISCUSSION

0/2500

LH
Lawrence House

10 months ago

Any updates on the current state of Ginjan Bros? The last one I received was on January 17th 2022. No other email correspondence after.

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HM
Hip Montano

2 years ago

what's going on

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KD
Keith Davis

2 years ago

It's been quiet as of late. I haven't received an update from Ginjan in months. I was just wondering if the company is getting back on its feet since the mandated shut-down was lifted? When will investors receive the next update, and what are the financials looking like today. Inquiring minds want to know.

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HM
Hip Montano

3 years ago

I am wondering if your guys had taken Advantech of covid19 to deliver your product to customers for free. the future of today's Businesses it's free delivery. Ginjan Bro's hope all it's well with your guys business and family. Can you please inform investors about any contingency plans to stay in operation.

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KD
Keith Davis

3 years ago

Thank you.

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KD
Keith Davis

3 years ago

Hello Rahim, Thanks for the recent update about the securities filing. I am a little worried about the future of Ginjan and my investment. Can you please inform investors about any contingency plans to stay in operation. If unable to continue to pay rent for the cafe, are there plans to adopt a comprehensive E-commerce business model on a broader scale or using nationwide distributors? I am just trying to get a feel for the company's backup plan. Thanks.

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HM
Hip Montano

3 years ago

could buy the drink's from you guy's

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KD
Keith Davis

4 years ago

I reached out to the founder of Vegan Fine Foods with a link to your website. He said Ginjan Bros will be a perfect match and will reach out to you. That being said, the ball is in both of your companies courts. Hopefully, you guys will close the deal. Have a great Thanks Giving.

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KD
Keith Davis

4 years ago

No Problem. Actually, Vegan Fine Foods in listed on WeFunder.com, not Startengine. I have Dr. Steven Smith personal cell phone number and will tell him about Ginjan Bros. In the meantime, here is a link to their website. Check it out. You will be impressed. https://www.veganfinefoods.com

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KD
Keith Davis

4 years ago

Hello Ginjan Bros. Thanks for the recent update. I love it when I receive good news. I am also in investor with Vegan Fine Foods listed on startengine. It is an 100% all vegan grocery store. I believe it will be a smart move on your part to reach out to Dr. Steven Smith to get your products on their shelves. Just a suggestion if you haven't already thought about it. Have a great day.

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RAISED
$182,450
INVESTORS
261
MIN INVEST
$350
VALUATION CAP
$10M

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