In addition to the securities offered, each investor at the various investment levels below will receive perks from the Company, as detailed below. Existing patent, copyright, trademark and trade secret laws afford only limited protection. We celebrate our country, military, and beer! Right now, it contracts with a brewing company, which takes the recipes created by Rupprecht to a brewery inFloridato produce the beers. Company may need to increase the Company's financial commitment to creating and maintaining brand awareness. Beer is big business, but it's not a high-growth industry. This Offering involves significant risks, and you should consider the Shares highly speculative. The Company maintains the right to accept or reject subscriptions in whole or in part for any reason or for no reason. The FASB issues ASUs to amend the authoritative literature in ASC. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV. There can be no assurance that actual results will not differ from those estimates. Armed Forces Brewing Company is a veteran-owned and operated craft brewery located in San Diego, California. 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. O'Neill and other Special Forces Operators as an owner of our Military tribute brewery, helping employ Veterans to make great American beer. Forward-looking statements contained in this Offering Circular, based on past trends or activities, should not be taken as a representation that such trends or activities will continue in the future. The following important factors, and those important factors described elsewhere in this Offering Circular. hire necessary personnel or effectively manage unexpected expansion difficulties, the Company's financial condition and results of operations could be materially and adversely affected. It is currently distributed in 14 states and Washington D.C., with plans to expand nationwide.The investment potential of Armed Forces Brewing Company lies in its strong foundation, passionate team, and commitment to giving back to the military community. Investing In This Offering Using A Credit Card Has Several Risks. The tax character of any gain resulting from the sale of such property would probably be ordinarily up to the amount of the asset's accumulated depreciation or amortization and long-term capital gain to the extent of the excess. After the Offering Circular has been qualified by the Securities and Exchange Commission (the SEC), the Company will accept tenders of funds to purchase the Shares. As a result, these companies may obtain. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or others controlling or working with the Company pursuant to the foregoing provisions, the Company has been informed that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable. Armed Forces Brewing Company is a privately owned microbrewery that was founded in San Diego, California in 2014. To find a location where the beer can be purchased, go towww.armedforcesbrewing.com. Despite managements beliefs, there is no assurance that Armed Forces Brewing Company, Inc. will be profitable, or that managements opinion of the industrys favorable dynamics will not be outweighed in the future by unanticipated losses, adverse regulatory developments and other risks. Armed Forces Brewing Company is a small, veteran-owned brewery located in San Diego, California. It controls hundreds of beer brands such as Budweiser, Stella Artois, Beck's, Leffe, and an assortment of acquired craft brewers in the U.S. 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. The Company had $12,843 in revenue from January 1, 2020 to December 31, 2020. No matter what the economy, we always need these products. We do not have an obligation under ERISA or the Code with respect to such reports or valuation although management will use good faith efforts to assist fiduciaries with their valuation reports. The Shares of Class C Common Stock are an investment in equity. Additional material provisions of the drag-along rights include: Every shareholder must promptly deliver to the Companys board of directors a written notice of any offer or indication of interest for a Drag-Along Sale that it receives from a third party, whether the offer or indication of interest is formal or informal, binding or non-binding, or submitted orally or in writing, and a copy of the offer or indication of interest, if it is in writing. As the Company has limited operational history, it is extremely difficult to make accurate predictions and forecasts on our finances. Non-accredited investors are limited in the number of Shares they may purchase to an aggregate purchase price paid by such person that is no more than 10% of the greater of such persons annual income or net worth, not including the value of his or her primary residence, as calculated under Rule 501 of Regulation D promulgated under Section 4(a)(2) of the Securities Act of 1933, as amended. The companys beers are widely available and well-regarded, and its charitable foundation is making a difference for veterans and their families. The Shares Are Offered on A Best Efforts Basis and The Company May Not Raise the Maximum Amount Being Offered. The Company has entered a highly competitive industry and within this highly competitive industry are companies with established track records and substantial capital backing. All inquiries regarding this Offering should be. *Travel and accommodations not included on any perk. You may not be able to liquidate your investment for any reason in the near future. To date, we have been contract brewing, a model we will soon outgrow. Changes In Tax Laws, Or Their Interpretation, And Unfavorable Resolution Of Tax Contingencies Could Adversely Affect The Companys Tax Expense. Since April 24, 2002, all United States brokerage firms have been required to have comprehensive anti-money laundering programs in effect. Contact the author here. Armed Forces Brewing Company is the parent company for three beer brands that pay tribute to each branch of the Military: Seawolf Brewery (Navy, Marines, Coast Guard), Soldier Brewery (Army), and Airmen Brewery (Air Force and Space Force). When you review our offering circular, please review all of the risk factors before making an investment in our company. The Company reviews the carrying value of property and equipment for impairment whenever events and circumstances indicate that the carrying value of an asset may not be recoverable from the estimated future cash flows expected to result from its use and eventual disposition. Any costs and expenses associated with a terminated offering will be borne by the Company. Loans. PREAMBLE | WE THE PEOPLE T-SHIRT. (1) There are three classes of Shares issued by the Company. 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. Many of its competitors have substantially greater financial, technical and other resources, such as larger research and development staff and experienced marketing organizations. Workers at Remedy House Coffee in New York City just announced intentions to join. Therefore, should any of these key personnel, management or founders die or become disabled, the Company may not receive sufficient, or any, compensation that would assist with such person's absence. See The Offering Page 13 and Securities Being Offered Page 67 For Further Details. According to their website, they boast a 95% success rate and target returns of between 1.2-2x investment. Except as required by Delaware law, each holder of Class A Common Stock, as such, shall be entitled to one vote for each share of Class A Common Stock held of record by the holder on all matters on which shareholders generally are entitled to vote. ALTHOUGH ANY PROJECTIONS ARE BASED UPON ASSUMPTIONS, WHICH THE COMPANY BELIEVES TO BE REASONABLE, THE ACTUAL PERFORMANCE OF THE COMPANY WILL DEPEND UPON FACTORS BEYOND THE CONTROL OF THE COMPANY. If energy costs increase, there is no guarantee that such costs can be fully passed along through increased prices without affecting the Companys operations. The holders of the Class A Common Stock, Class B Common Stock and Class C Common Stock have equal rights provided by law of the state of Delaware for stockholders of a Delaware corporation and the shares of Class A Common Stock, Class B Common Stock and Class C Common Stock are identical in all respects, except that the holders of Shares of Class C Common Stock have no voting rights, except where expressly required by Delaware law. EACH INVESTOR SHOULD CONSULT HIS OR HER OWN ATTORNEY, ACCOUNTANT OR. After Beal created branding for the newSeawolf Breweryand started sharing it on social media, he was overwhelmed by the feedback he received from people who wanted the beer. The Companys Bank Accounts Will Not Be Fully Insured And Escrow or Holding Accounts In Which Investment Funds Will Be Held Pending Clearing By The Broker-Dealer May Not Be Insured In Part Or In Full. I saw the lightning and heard the thunder.. When the Company indicates that the Offering will hold a closing and the Investors subscription is to be accepted (either in whole or part), then the Holding Account shall disburse such Investors subscription proceeds in its possession to the account of the Company. The Company has budgeted for the fulfillment of all shareholder benefits/perks from its ongoing operating revenues. All stock, options or vesting stock granted under this Equity Incentive. Expenditures for maintenance and repairs are expensed as incurred. 2019-08 will affect companies that issue share-based payments (e g., options or warrants) to their customers. Agribusiness is big business. Invest better with The Motley Fool. See Page 68 below for further details. Armed Forces Brewing Companys mission is to brew beers that honor those who have served.The companys flagship beer is their American Pale Ale, which is brewed with hops from the Pacific Northwest. If youre considering investing in the company, it seems like a good bet. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. An increase in number of shares outstanding could also result from a share offering (such as an initial public offering, an equity crowdfunding round, a venture capital round, or an angel investment), employees or others exercising stock options, vesting of stock options or by conversion of certain instruments such as convertible bonds, other classes of stock or warrants into stock or other equity. In particular, the Company uses large quantities of hops and may be reliant on a single supply contract, or only a small number of suppliers, for this ingredient. The idea caught fire, leading to the first Starbucks to unionize. 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