You Will Need To Keep Records Of Your Investment For Tax Purposes. Market-beating stocks from our award-winning analyst team. A Disruption In Brewing Activities Could Have A Material Adverse Effect. See "Plan of Distribution. The Company has limited disability and workers compensation insurance. An investment in the Companys Shares is speculative and there is no assurance that investors will obtain any return on their investment. Armed Forces Brewing Company is an early-stage company that plans to grow into the biggest and strongest company we can, to make your investment as valuable as possible. Armed Forces Brewing Companys stock offering will be held under Regulation A, a law passed as part of the 2012 Jumpstart Our Business Startups (JOBS) Act that allows small and emerging companies to raise capital by selling stock online through equity crowdfunding. Our beers pay tribute to the men and women of the greatest military in the world, and I am thrilled that anyone and everyone can own part of this patriotic company at this early stage alongside me.. According to their website, they boast a 95% success rate and target returns of between 1.2-2x investment. These cautionary statements qualify all forward-looking statements attributable to the Company or persons acting on its behalf. These laws and regulations are subject to frequent reevaluation, varying interpretations and political debate, and inquiries from governmental regulators charged with their enforcement. The Company maintains the right to accept subscriptions below the minimum investment amount or minimum per share investment amount in its discretion. The offering circular is available to download here for you to read and review before you invest. The following important factors, and those important factors described elsewhere in this Offering Circular. Based on the number of Shares of Class A Common Stock (2,839,222), Shares of Class B Common Stock (797,951) and Shares of Class C Common Stock (244,077) outstanding as of the date of this Offering Circular, that equates to a net tangible book value of approximately $(0.0004) per Share on a pro forma basis. Best known for Samuel Adams, one of the original "craft beer" names in the U.S. An Armed Forces Brewing Company Challenge Coin, Your name on our online wall of investors (and later in our physical locations) at the $200+ level, One invitation to our annual shareholder event*, Access to the investors-only section of our website, Four stickers one each from Armed Forces Brewing Company, the Seawolf brand, the Airman brand and the Soldier brand, Your name on our online wall of investors (and later in our physical locations) at the $500+ level, Two invitations to our annual shareholder event*, Access for one to VIP tent/section at one event we sponsor*, Eight stickers two each from Armed Forces Brewing Company, the Seawolf brand, the Airman brand and the Soldier brand, Your name on our online wall of investors (and later in our physical locations) at the $1,000+ level, Two Armed Forces Brewing Company beer glasses, Access for two to the VIP tent/section at one event we sponsor, Membership in our tasting club where you have the opportunity to taste certain new beers before they go to market**, Twelve stickers three each from Armed Forces Brewing Company, the Seawolf brand, the Airman brand and the Soldier brand. Information on the investment opportunity is available at: www.OwnArmedForcesBrewingCo.com. 137 following. market acceptance more rapidly than the Company is able and may be more effective themselves as well. The company is a product of the merger between U.S.. At the time of this filing, many restaurants and bars are shut down or operating in a limited capacity. Updated Sep 30, 2021 11:07 AM EDT. By submitting a subscription agreement to the Company, you will be agreeing to the following representations. Contact us to find out more information. The companys commitment to quality and its dedication to providing veterans with job opportunities makes it a great choice for those looking for an ethical and profitable way to invest their money. Again, any material changes from the earlier reported period are primarily due to the Company receiving this additional private funding in 2020. They have a market share of over 45% in the United States.Anheuser-Busch InBev is a publicly traded company on the New York Stock Exchange under the ticker symbol BUD. In addition to the veteran and spouse, two or more persons who intend to hold title may be placed on the mortgage with the veteran. At each closing, funds held in the Escrow Account or Holding Account will be distributed to the Company, and the associated Shares will be issued to all investors at time of each closing for investors whose funds and subscription have been cleared. Trustees and other fiduciaries of qualified retirement plans or IRAs that are set up as part of a plan sponsored and maintained by an employer, as well as trustees and fiduciaries of Keogh Plans under which employees, in addition to self-employed individuals, are participants (together, ERISA Plans), are governed by the fiduciary responsibility provisions of Title 1 of the Employee Retirement Income Security Act of 1974 (ERISA). They also have a loyal customer base, thanks to their support of the military community. The company was founded in 2014 by two veterans of the United States Marine Corps, Jake and Jared. 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. PROSPECTIVE INVESTORS ARE NOT TO CONSTRUE THE CONTENTS OF THIS OFFERING CIRCULAR, OR OF ANY PRIOR OR SUBSEQUENT COMMUNICATIONS FROM THE COMPANY OR ANY OF ITS EMPLOYEES, AGENTS OR AFFILIATES, AS INVESTMENT, LEGAL, FINANCIAL OR TAX ADVICE. THE SECURITIES DESCRIBED IN THIS OFFERING CIRCULAR HAVE NOT BEEN REGISTERED UNDER ANY STATE SECURITIES LAWS (COMMONLY CALLED "BLUE SKY" LAWS). THE CONTENTS OF THIS OFFERING CIRCULAR ARE NOT TO BE CONSTRUED AS LEGAL OR TAX ADVICE. If the Company rejects any offer to subscribe for the Shares, it will return the subscription payment, without interest. The Company currently relies on trade secrets. This pandemic has adversely affected our business and most alcohol-related businesses, as well as most restaurants and bars. #Veteranjobs #serviceleavers #jobboard If the Drag-Along Seller approves a Drag-Along Sale (an Approved Sale), the Drag-Along Seller shall deliver a written notice (a Drag-Along Notice) to the Company and each shareholder no more than 10 days after the execution and delivery by all of the parties thereto of the definitive agreement entered into with respect to the Approved Sale and, in any event, no later than 20 days before the closing date of the Approved Sale. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We are Veteran owned, Veteran operated, and we make great American beer for Americas Military Heroes, First Responders, and Patriots. You may be required to travel to an official Armed Forces Brewing Company location to taste the beer and provide feedback, or the tasting may take place at our annual shareholder event. Property and Equipment. Beyond Meat Narrows Its Losses. Every investor must buy at . The Armed Forces Brewing stock price is $10 per share of Class C Non-Voting Common Stock, with a minimum of a $200 investment. And, along the way, Kirin is embarking on digital updates to modernize its operation and increase efficiency, further bolstering the company's dividend-paying capability. The Company has based its forward-looking statements on its current expectations about future events. Terms Of Subsequent Financing, If Any, May Adversely Impact Your Investment. He has been involved in contract brewing for several international customers as well as fledgling nano-breweries. This Preliminary Offering Circular shall only be qualified upon order of the Commission, unless a subsequent amendment is filed indicating the intention to become qualified by operation of the terms of Regulation A. Certain states are considering or have passed laws and regulations that allow the sale and distribution of marijuana. He is also a global public speaker, social media influencer, and best-selling author of the book The Operator: Firing the Shots That Killed Osama bin Laden and My Years as a SEAL Team Warrior. Additional risks and uncertainties may also have an adverse effect on the Companys business and your investment in the Shares. You should consider carefully whether an investment in the Company is suitable in the light of your personal circumstances and the financial resources available to you. Operating Expenses. The material change in revenues was due to the inability to brew beer and meet demand when contract brewing was halted for several months during the pandemic. value means fair market value where available. Brewery. The offering circular explains that Armed Forces Brewing Company, Inc. is offering 750,000 Shares of Non-Voting Class C Common Stock at $10.00 per share with a minimum purchase of 20 Shares ($200.00). Armed Forces Brewings unique corporate mission and marketing have already created national and global buzz and demand. The Shares Being Offered Have No Voting Rights. As of December 31, 2019, the unrecognized tax benefits accrual was zero. In addition, the laws of some foreign countries do not protect the Company's proprietary rights to the same extent as do the laws of the United States. I saw the lightning and heard the thunder.. He has led, operated, and grown profitable multi-unit independent food & beverage groups in the Denver, Kansas City, and Charlotte markets. Armed Forces Brewing has successfully completed a test market run and is ready to expand to national and global distribution. Remember to stay diversified and focus on the long-term potential for these alcoholic beverage makers. The Company will undertake one or more closings on a rolling basis as funds are received from investors. Many of its competitors have substantially greater financial, technical and other resources, such as larger research and development staff and experienced marketing organizations. The companies that make the foods we eat can also produce investment opportunities. The Companys Business Plan Is Speculative. Each investor must represent in writing that he/she meets the applicable requirements set forth above and in the Subscription Agreement, including, among other things, that (i) he/she is purchasing the Shares for his/her own account and (ii) he/she has such knowledge and experience in financial and business matters that he/she is capable of evaluating without outside assistance the merits and risks of investing in the Shares, or he/she and his/her purchaser representative together have such knowledge and experience that they are capable of evaluating the merits and risks of investing in the Shares. Earned the Beer Foodie badge! All Rights Reserved. None of the Companys directors are independent as defined in Rule 4200 of FINRAs listing standards. The Company had $12,843 in revenue from January 1, 2020 to December 31, 2020. You can also view it on the SECs website here. The Company will also engage Dalmore as a consultant to provide ongoing general consulting services relating to the Offering such as coordination with third party vendors and general guidance with respect to the Offering. He is also instrumental in the development of Armed Forces Brewings beer products and quality control. When he is not on-duty, Jason travels the United States to attend craft beer festivals and new brewery openings. Growth is now expected to slow to a single-digit percentage pace. To the extent that the Offering Circular contains forward-looking statements regarding the financial condition, operating results, business prospects, or any other aspect of the Companys business, please be advised that the Companys actual financial condition, operating results, and business performance may differ materially from that projected or estimated by the Company. As of December 31, 2020, the Company had $18,962 in a corporate checking account. These prices do not necessarily accurately reflect the actual value of the Shares or the price that may be realized upon disposition of the Shares. Some or all of the Companys breweries, planned restaurants and bars, and contract brewers could lose their licenses to sell alcoholic beverages or have their hours of operation curtailed as a result of hearings of the licensing boards in jurisdictions where they are located or as a result of any changes in legislation governing licensed premises in the various jurisdictions in which they are located or may be located, with a material adverse effect on the Companys financial results and on your investment. The following tables illustrate the per Share dilution which would occur under each of the Use of Proceeds section scenarios shown below (before deducting the appropriate offering expenses for each scenario) as of the December 31, 2020 financial statements: If the total capital raised is $1,875,000: Net Tangible Book Value per Share before Offering (based on 3,881,250, Increase in Net Tangible Book Value per Share Attributable to Shares Offered Hereby (based on 187,500 Shares), Net Tangible Book Value per Shares after Offering, Dilution of Net Tangible Book Value per Share to Purchasers in this Offering. Rupani is an administrator of acquisitions and grants at the United States Geological Survey and company director . An investment in our company should only be made if you are capable of evaluating the risks and merits of this investment and if you have sufficient resources to bear the entire loss of your investment, should that occur. Consequently, as of the date of this Offering Circular, the Company has only limited assets, contributed by the founders and early investors. Every potential investor is advised to seek the advice of his, her or its own tax professionals before making this investment. If such an extension of the Offering is to occur, an appropriate filing will be made with the SEC to provide notification of the extension. It also exports its products to Canada, Europe, Asia, and Australia. (Tribune News Service) While driving throughAnnapolisand seeing theNaval Academyfor the first time, businessmanAlan Bealhad an idea to create a beer specifically for service members. The Shares have no voting rights. Navy Seal, Robert J. ONeill, Invites Americans to Join His Craft Beer Company Honoring the Armed Forces. 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, entitling the investor to receive the Shares when they are later issued as set out herein. Gary Bonadonna Jr. has been brewing up unionization efforts in western New York coffee houses since baristas at a local franchise asked his Workers United Rochester Regional Joint Board for help. While the Company uses reasonable efforts to protect these trade secrets, the Company cannot assure that its employees, consultants, contractors or advisors will not, unintentionally or willfully, disclose the Company's trade secrets to competitors or other third parties. The Company Has Not Paid Dividends In The Past And Is Uncertain If It Will Be Able To Pay Dividends In The Foreseeable Future, So Any Return On Investment May Be Limited To The Value Of The Shares. 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