Hi Lettuce investors and followers!

Greetings! It’s been a while since our last update on this campaign. We have been heads down, hands on deck, working on all aspects of the business - getting it to a place where it's not only true to its mission, but also financial sustainable. Happy to report that we are getting close to EBITDA cash flow positive. 

The work we are doing at Lettuce is just the start of our vision towards more sustainable households, self-sufficient communities and a better planet. We are at the cusp of taking a meaningful step with a new initiative called Trashless: 

From pantry items to household cleaning supplies - most common consumer products come in single-use packaging - which is ecologically damaging and economically expensive to produce, transport, use, discard or recycle. Trashless solves this huge problem by delivering consumables locally in reusable packaging, picking up the containers and delivering refills when prompted via a simple tap of a button on the Trashless phone app.  

Imagine your life free of single-use packaging. And a world with a lot less trash. 

We are running an Indiegogo fundraising campaign for Trashless here: igg.me/at/trashless. We would greatly appreciate you taking a look and consider making a contribution. 

Warm regards, 

Yogesh Sharma 

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Lettuce Networks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Lettuce Networks be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Lettuce Networks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Lettuce Networks be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Lettuce Networks offering. Here's an excerpt describing the specifics of the change:

Extended length of campaign.

When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Lettuce Networks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Lettuce Networks be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

Hi investors and followers, 

After a few months of reworking everything - we are back! Apologies for the silence here on updates, but we’ve been busy. Here’s where we’re at: 

Operations

We have brought on a new General Manager in Austin, Glynn Broussard, who has decades of experience running restaurants. He has systematically reworked our operating model as laid out in the last update - sourcing, assembling and delivering Lettuce products with a fraction of the physical and labor footprint compared to before. Result: A much stronger financial model that we expect will get us to breakeven in Austin shortly, as we ramp up to prior delivery volumes and then beyond over the next few weeks. 

Technology

We are thrilled to announce that our new technology platform and marketplace empowering local food ecosystems, Loconomy (www.loconomy.com) is now live! Loconomy aims to bring together local farmers, distributors, food artisans, food service establishments and consumers at one place, resulting in greater transparency, seamless digital transactions, more effective communications and higher efficiency in operations and logistics. 

Lettuce is already on Loconomy, with customers onboarding, ordering and managing their deliveries quickly and seamlessly. Several major local farmers and distributors are silently on Loconomy as well, with Lettuce purchasing most of the local ingredients that go into its products on Loconomy. Over the next few weeks and months dozens of farmers, producers, artisans and distributors based in and around Austin, will go fully live on Loconomy, kicking in network efforts and they conduct business with each other, and their customers. 

Expansion to other geographies will start in 2020 - though the platform is now open for local sellers anywhere to use its powerful set of features. There is no set up or subscription fee to be a Seller on Loconomy - it’s revenue model is based on commission on transactions. Sellers get - for free - custom built, integrated, state of the art software and services that’ll cost them thousands of dollars a month in aggregate to purchase elsewhere: Advanced ecommerce storefronts including sophisticated subscription features, connected inventory management, payments, customer support systems (including chat, email and telephony), marketing tools, driver management, routing, navigation and more. Learn more here: www.loconomy.com/supplier.

Marketing

We are executing on a powerful, cohesive marketing strategy that will bring awareness to Loconomy at a low cost - both among Sellers and Customers. This includes PR, search engine marketing, social media marketing and direct mail. This will trickle down to bringing more customer engagement and sales for Sellers on Loconomy, including Lettuce. 

We appreciate your patience as we’ve been working through significant updates to our operations, business processes and technology. Our vision for local, healthier and sustainable mainstream food systems to become mainstream is as stronger, clearer and achievable as ever. We look forward to your continued support! 

Sincerely, 

Yogesh Sharma 

Co-founder & CEO, Lettuce Networks 

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Lettuce Networks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Lettuce Networks be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Lettuce Networks offering. Here's an excerpt describing the specifics of the change:

Extended length of campaign.

When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Lettuce Networks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Lettuce Networks be on the lookout for an email that describes more about the disbursement process.

This campaign will continue to accept investments until its indicated closing date.

Thanks for funding the future.

-StartEngine

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Lettuce Networks offering. Here's an excerpt describing the specifics of the change:

Lettuce Networks has extended the end date of their campaign, updated their campaign page and added an officer.

When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.