Company	:	Trashless, Inc.
Corporate Address	:	4701 Red Bluff Road, Suite B, Austin, TX 78702
Offering Minimum	:	$10,000.00
Offering Maximum	:	$406,890.00
Minimum Investment Amount (per investor)	:	$250.00

Terms

Offering Type	:	Convertible Promissory Notes
Type of Equity Converted Into	:	Series Seed-1 Preferred Stock
Conversion Trigger	:	$3,000,000.00
Maturity Date	:	November 01, 2022
Valuation Cap	:	$6,000,000.00
Discount Rate	:	20.0%
Annual Interest Rate	:	5.0%

What is a Convertible Note?

A convertible note offers you the right to receive Series Seed-1 Preferred Stock in Trashless, Inc. . The amount of Series Seed-1 Preferred Stock you will receive in the future will be determined at the next equity round in which the Company raises at least $3,000,000.00 in a qualified equity financing. The highest conversion price per security is set based on a $6,000,000.00 Valuation Cap or if less, then you will receive a 20.0% discount on the price the new investors are paying. You also receive 5.0% 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 Series Seed-1 Preferred Stock 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).

COVID Relief

This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).

Expedited closing sooner than 21 days

Further, in reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and February 28, 2021, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal shall not direct transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).

*Annual Interest Rate subject to adjustment of 10% bonus for StartEngine shareholders. See 10% Bonus below

Company Perks*

Early Bird

Friends and Family - First 72 hours | 15% bonus interest
Super Early Bird - Next 72 hours | 10% bonus interest
Early Bird Bonus - Next 7 days | 5% bonus interest

Volume

Tier 1 perk - ($500+ investor hat)
Tier 2 perk - ($1000+ investor hat + A Flight of 7 specialty Trashless salts)
Tier 3 perk - ($5,000+ investor hat + A Flight of 7 specialty Trashless salts + Tea Tour - A collection of 6 Trashless teas)
Tier 4 perk - ($10,000+ investor hat + A Flight of 7 specialty Trashless salts + Tea Tour - A collection of 6 Trashless teas + Spice World Tour - A collection of 24 custom Trashless spice mixes + 5% interest shares)
Tier 5 perk - ($25,000+ investor hat + A Flight of 7 specialty Trashless salts + Tea Tour - A collection of 6 Trashless teas + Spice World Tour - A collection of 24 custom Trashless spice mixes + 10% bonus interest)
Tier 6 perk - ($50,000+ investor hat + A Flight of 7 specialty Trashless salts + Tea Tour - A collection of 6 Trashless teas + Spice World Tour - A collection of 24 custom Trashless spice mixes + 15% bonus interest)

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

The Company will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

Eligible StartEngine shareholders will receive a 10% increase in the annual interest rate on Convertible Promissory Notes in this Offering. This means your annual interest rate will be 5% instead of 5.5%.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.