TbhSkincare is an Australian company which delivers to Romania, China, Pakistan, Bangladesh (probably domestic shipment), India, Cambodia etc

But not to US and Canada

But they do supply to Mexico, so the we don't supply to the Americas as of yet doesn't make sense either.

Is it an anti-Israel kind of thing? Doesn't make sense since all EU countries and India are in the list.

Ukraine-Russia makes even less sense with China, India, Vietnam

Also, they merged with BoostLab (another foidshit company) to form YorkStBrands

https://yorkstbrands.com/

Now BoostLab however delivers to USA

So why don't TbhSkin provide delivery to us and the moosefrickers?

Short answer - I DONT KNOW

Long answer - WTF is going on

So right of the bat, I got some vague info about tbh Skincare's investors. They have an investor related FAQ which says frick all.

So 1. This is a crowdfunded company

2. What the heck is NextTribe Pty Ltd?

According to the extremely few search results I got:

https://www.australiacheck.com/nsw/nexttribe

https://creditorwatch.com.au/credit/profile/635960397

So NextTribe Pty Ltd has been inactive since 2019. What was its purpose? Raise equity? Private Equity?Act as custodian for private equity companies? Was it a shell company? Did it just fail? Did the owners just give up halfway through? We'll never know.

But if it has been cancelled as an effective business operation since 2019 with its licenses cancelled, how the heck were the investors of NextTribe able to purchase equity in Tbh Skincare 2 years later? Huh?

You can have a wiggle room of 3-6 months during which the investors (mostly lenders at an interest), of a bankrupt company get the opportunity to recuperate what they can. But the bankrupt or unlicensed company sure as heck don't make investing decisions for the investors. I'm already smelling fraud in the air. The frick is going on?

Also, TbhS did most of its crowdfunding via the company Equitise so I'm even more lost how NextTribe comes into play here

https://www.equitise.com/blog/tbh-skincare

Anyway, let's move past that for now.

The same line of tbhSkin reads

"please note that all investor updates are made via the Cake Equity platform"

What the frickerfrucker is Cake Equity now? I'm starting to believe this company is just one equity layering over another.

On to Cake Equity my friends!!

Oh no, another tag team VC bros. My gut feeling is worsening.

So what does Cake Equity do?

Cloud-based cap table management solutions for businesses. It features a solution for equity management, capital raising, startup ESOPs management, business valuation analysis, investor relationships, shareholder & employee portfolio management, and more. It also offers investor readiness strategy & documentation, corporate structuring, retail equity crowdfunding, and others.

https://tracxn.com/d/companies/cake/__HnqnCs4IfoTyVVvjkNp9D_QWa-lgAy2GG_LeEnpmMEY

My Brother in Christ, if you could do all that for just one company, you would be the next NVIDIA.

Simplified, all it does is prep the owners of gullible startups with no experience in finance with a cap table (who owns what percent of the company), and give some shiny VIBES to it to make it look like they did anything useful whatsoever.

Cake Equity's features (in their own words):

So, they made a software which shows you, an employee, your ESOP value. Literally that. I think @Aevann can code a real time chart in 12 hours which does the same.

Also, forgotten in a Google Drive? Huh?

So, Cake Equity is a bad startup with no real thought behind it, destined to fail, sure. What's new? That's like 99% of silicon valley.

THE POINT I'M TRYING TO MAKE !r-slurs is that why is tbhSkin pushing people who crowdfunded it towards opening an account in a SAAS forum catering to B2B markets and ESOP Cap Tables.

Crowdsourcing is just equity funding without a centralized IPO. WHY IS IT TREATED LIKE AN EMPLOYEE ESOP?

IS PWC THEIR ADVISOR? {Reference for r-slurs https://en.wikipedia.org/wiki/PwC_tax_scandal }

The simplest theory is Cake Equity is fricked and tbhSkin is getting some special discount on pricing for pushing outside investors to inflate Cake's numbers to make it more attractive to investors.

So who are Cake's (pronounced kek's) current investors?

The biggest one is Jason Calacanis. A super angel investor who is considered a genius in early angel investing.

Okay fine. So at last we have reached the end of one thread. What about the others?

Not really, Jason turned his angel gaze towards Australia in 2018.

https://www.afr.com/technology/worlds-best-angel-investor-jason-calacanis-targets-aussie-startups-and-warns-against-trusting-big-tech-20180613-h11bxm

So, a Billionaire or multi-multi-millionaire moves to Oceania to make more money. How Peter Thiel. I mean, how original!

Anyway, the questions are:

Why won't tbhskincare deliver to N.America? What is NextTribe Pty Ltd?

The answer to the first question, after more cosmetic hunting than a trans women before xer first pride parade seems simple at first. The US Customs cucked them.

Sunscreen regulations, amount of liquid in a bottle etc etc silly things

Blah blah blah, the FDA and Customs have a shit ton of rules which a startup might not be able to cope with

BUT

The second question:

It had registered itself in Singapore since 2015 (still active as of today)

https://sgp.databasesets.com/entities-registered/uen/201506639D

But the data is collected by Hong Kong/Mainland China

https://user.databasesets.com/en/home

https://user.databasesets.com/en/about_us

But it is also listed in the official Singapore Business Directory as a "Holding Company"

https://www.sgpbusiness.com/company/Next-Tribe-Pte-Ltd

And considering Singapore is the #3 Tax Haven in the world my best guess is that the poor frickers of TbhS let a lot of shady investors who shuffled their money around (at the midst of it all Jason Calacanis, who saw Singaporean Tax laundering and Aussie startup as a match made in heaven) and now tbhS is desperately trying to distance themselves from their bad decisions by rebranding and entering the US market.

!r-slurs !trolls !burgers