is armed forces brewing company, a good investment

All monies from rejected subscriptions will be returned by the Company to the investor, without interest or deductions. This information does not necessarily indicate beneficial ownership for any other purpose. Net tangible book value per Share consists of shareholders equity adjusted for the retained earnings (deficit), divided by the total number of Shares outstanding. The Chinese military is a branch of the People's Republic of China Armed Forces and contains the land, naval, air, and strategic missile forces. When you invest in Armed Forces Brewing Co. for as little as $200, you join an elite team alongside famed Navy SEAL Team 6 Operator Robert J. ONeill and other Special Forces Operators as an owner of our Military tribute brewery, helping employ Veterans to make great American beer. Lack of additional funding could force us to curtail substantially our growth plans. You are advised that, by law, the Company may be obligated to freeze the account of any purchaser, either by prohibiting additional subscriptions from it, declining any redemption requests and/or segregating the assets in the account in compliance with governmental regulations, and that the Company may also be required to report such action and to disclose such purchasers identity to the OFAC. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. The Companys Chief Executive Officer is Alan Beal. funds are transferred to said operating account. If the Company is sued in connection with any data security breach, the Company could be involved in protracted and costly litigation. In addition to selling their beer in kegs, they also distribute their beer to bars and restaurants throughout San Diego County.The company has experienced rapid growth since its inception and is currently on pace to produce over 10,000 barrels of beer in 2018. The Company may not be able to sell the Maximum Offering amount. The lack of additional capital resulting from the inability to generate cash flow from operations, or to raise capital from external sources would force the Company to substantially curtail or cease operations and would, therefore. As is the case with any business, particularly one without a proven business model, it should be expected that certain expenses unforeseeable to management at this juncture will arise in the future. You agree to promptly notify the Company should you become aware of any change in the information set forth in any of these representations. However, with the mega-beer merger not going exactly as planned, there are better beer investments than AB InBev. If paying by check, instructions shall be given by the Company as to how and where to deliver the payment by check and to whom the check should be made payable. Shares will be offered until either (a) the date upon which the Company confirms that it has received in the escrow account and/or or holding account gross proceeds of $7,500,000.00 in deposited funds; (b) the expiration of 365 days from the date of this Offering Circular unless extended for up to another 365 days in its sole discretion by the Company; or (c) the date upon which a determination is made by the Company to terminate the Offering in its sole discretion. The Company will pay existing officers in the future and may hire additional officers in the future and pay them and may also choose to compensate its directors in the future. Improper access to the Company's or these third parties' systems or databases could result in the theft, publication, deletion or modification of confidential customer and other information. Revenue. The Company has entered a highly competitive industry and within this highly competitive industry are companies with established track records and substantial capital backing. $0. $0. Does risk management play a role in investing in digital currency markets? My phone advertised me the announcement of the brewery last week as being different than other breweries. Your stake in the Company could be diluted due to the Company issuing additional Shares of Class C Common Stock or other securities such as stock, or securities or debt convertible into stock or additional classes of stock. There is not now, and likely will not be in the near future, a public market for the Shares. The actual effects of the spread of coronavirus or of another pandemic are difficult to assess as the actual effects will depend on many factors beyond the control and knowledge of the Company. The Company may provide for the indemnification of directors, officers and others to the fullest extent permitted by law and, to the extent permitted by such law, eliminate or limit the personal liability of directors, officers and others to the Company and its Shareholders for monetary damages for certain breaches of fiduciary duty. This discussion contains forward-looking statements reflecting the Companys current expectations that involve risks and uncertainties. Additionally, convertible notes may have a price cap on the conversion price, which effectively acts as a share price ceiling. It is not currently contemplated that registration under the Securities Act or other securities laws will be affected. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America ("GAAP"). Although the Company believes that our tax estimates will be reasonable: (i) there is no assurance that the final determination of tax audits or tax disputes will not be different from what is reflected in our income tax provisions, expense amounts for non-income based taxes and accruals and (ii) any material differences could have an adverse effect on our financial position and results of operations in the period or periods for which determination is made. Now, anyone can invest in companies at an early stage before the company is either acquired or holds an IPO, said Almerico. At each closing, with respect to subscriptions accepted by the Company, funds held in the escrow account or holding account will be distributed to the Company, and the associated Shares will be issued at that time to the investors that purchased such Shares. Depending on where you reside, we may not be able to ship beer to you. These important risk factors include, but are not limited to: The Company is a relatively new entity with limited tangible assets and its continued operation may require substantial additional funding. There are a few things to consider before investing in Armed Forces Brewing Company. Transferees of the Shares will be required to meet the above suitability standards. In addition, courts outside the United States are sometimes less willing to protect trade secrets. The company was founded in 2013 by two veterans of the United States Marine Corps, Adam Firestone and David Walker. Any such sales would generate gains and losses as measured by the difference between the amount of sale proceeds and the adjusted basis of the assets sold. There is no market for the Company's Class C Common Stock, and it is highly unlikely that any such market will develop subsequent to this offering unless the Company becomes successful and then only under certain circumstances. The Company complies with the requirements of ASC 340-10. To help makes sure the company is supplying good beer, it has enlisted the help of brewmasterBob RupprechtfromCarroll County. The Companys actual, perceived or alleged failure to comply with applicable laws and regulations or to protect personal data, could result in enforcement actions and significant penalties against the Company, which could result in negative publicity, increase the Companys operating costs, subject the Company to claims or other remedies and may harm its business which would negatively impact the Companys financial well-being and your investment. One of Beals goals for the company is to be 70% veterans as a way to keep the brand strong and give back to those whove served. The Shares offered by the Company constitute a highly speculative investment and you should be in an economic position to lose your entire investment. According to the Brewers Association, in 2019, beer sales overall were down 1.9% in 2019 from the prior year, and growth of U.S. beer and craft beer sales had slowed compared to prior years. (Exhibit 1A-2A). The Companys Operating Results and Cash Flow May Be Adversely Affected by Unfavorable Economic, Financial and Societal Market Conditions. With consumers around the world increasingly concerned with health and well-being and focused on a better diet, applied health science in food and drink could be a promising area for Kirin. You can read a more detailed breakdown of the perks, here. THIS OFFERING CIRCULAR DOES NOT CONSTITUTE AN OFFER OR SOLICITATION IN ANY JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION WOULD BE UNLAWFUL. As an outgrowth of these concerns, the possibility exists that advertising by beer producers could be restricted, that additional cautionary labeling or packaging requirements might be imposed, that further restrictions on the sale of alcohol might be imposed or that there may be renewed efforts to impose increased excise or other taxes on beer sold in the United States. The Company may require additional debt and/or equity financing to pursue our growth and business strategies. Your date of birth and social security number or other national ID number. Watch on. Nearly 20 years after the overthrow of Saddam Hussein by U.S.-led forces, Iraqi President Abdul Latif Rashid wants the world to know his country now is at peace, democratic and intent . Investments in Armed Forces Brewing Company begin at $200, at $10 a share and come in different tiers with their own perks. THIS OFFERING CIRCULAR DOES NOT KNOWINGLY CONTAIN ANY UNTRUE STATEMENT OF A MATERIAL FACT OR OMIT A MATERIAL FACT, AND ANY SUCH MISSTATEMENT OR OMISSION IS DONE WITHOUT THE KNOWLEDGE OF THE PREPARERS OF THIS DOCUMENT OR THE COMPANY. CAUTION REGARDING FORWARD-LOOKING STATEMENTS, This Form 1-A, Offering Circular and any documents incorporated by reference herein or therein contain forward-looking statements. These forward-looking statements include matters that are not historical facts. TRADING OF CLASS C SHARES WILL NOT BE PERMITTED UNLESS AND SHAREHOLDERS ARE NOTIFIED OTHERWISE BY THE COMPANY, WHICH MAY REQUIRE SHAREHOLDERS TO HOLD THEIR SHARES INDEFINITELY. You may not be able to liquidate your investment for any reason in the near future. Various federal and state laws, including labor laws, govern the Companys relationship with our employees and affect operating costs. 3881250. Armed Forces Brewing Company reserves the right to reject certain names and beer ingredients in their absolute discretion. Mr. Almericos law firm, Kendall A. Almerico, P.A., is counsel named in this Offering Circular as having prepared this Offering Circular. You will be required to complete a subscription agreement in order to invest. The company was founded in 2014 by two former Navy SEALs, Chrisf active military members, reservists, and veterans.The brewerys mission is to create world-class craft beer that celebrates the brave men and women of the United States Armed Forces.A portion of the proceeds from every sale goes towards supporting military charities. Because the Shares being sold are not publicly or otherwise traded, the market for the securities offered is presently stabilized. Media Contact: MARCH MarketingBeth.dillon@marchcorp.com773-294-5356. That brings us to the present day. This thread is archived . If The Maximum Offering Is Not Raised, It May Increase The Amount Of Long-Term Debt Or The Amount Of Additional Equity It Needs To Raise. Revenue is recognized when performance obligations under the terms of the contracts with our customers are satisfied. But persistent double-digit percentage sales growth is fantastic in an industry largely dominated by slow and predictable consumption trends. The brewery has a taproom and bar located onsite, as well as a tasting room and retail store. The company is well-positioned for continued growth and expansion in the coming years. Although the Company expects to develop arrangements with distributors, growth will require it to maintain such relationships and enter into agreements with additional distributors. 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