Rather, the price of the Shares was derived as a result of internal decisions based upon various factors including prevailing market conditions, its future prospects and its capital structure. (1) The Company shall pay Dalmore a cash success fee equivalent to 5% of the gross proceeds raised in the Offering. The Company would also likely have to pay fines, penalties and/or other assessments imposed as a result of any data security breach. Sales Of The Companys Shares By Insiders Under Rule 144 Or Otherwise Could Reduce The Price Of The Shares, If A Trading Market Should Develop. Best known for Samuel Adams, one of the original "craft beer" names in the U.S. 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. Furthermore, the issuance by the Company of any additional securities pursuant to any future fundraising activities undertaken by the Company or could result in an issuance of securities whose rights, preferences and privileges are senior to those of existing Shareholders including you and could dilute the ownership or benefits of ownership of existing Shareholders including, but not limited to reducing the value of the Shares of Class C. Common Stock subscribed for under this Offering. There is no assurance that you will realize a return on your investment or that you will not lose your entire investment. Draft. In the future, the Company may compensate directors, particularly those who are not also employees and who act as independent board members, on either a per meeting or fixed compensation basis. Consequently, this is an uncommon growth stock in the alcohol investment world. So when Beal met a couple of guys during a party inWashington D.C., who were looking to get into the craft beer industry, he was instantly interested. 21 See more Follow us on social media: Instagram: armedforcesbrewingcompany Twitter: @ArmedForcesBC Parler: @ArmedForcesBrewingCompany 78,244 people like this 80,203 people follow this The Company intends to overcome the circumstances that impact its ability to remain a going concern through a combination of the commencement of revenues, with interim cash flow deficiencies being addressed through additional financing. The company currently distributes Seawolf Brewery beers in more than 130 stores in Maryland, Virginia, and Rhode Island and is expanding distribution into Florida in August with other states to follow. At times, the Company may maintain balances in excess of the federally insured limits. Since the Company is offering the Shares on a best efforts basis, there is no assurance that the Company will sell enough Shares to meet its capital needs. Statements contained herein as to the content of any agreements or other documents are summaries and, therefore, are necessarily selective and incomplete and are qualified in their entirety by the actual agreements or other documents. The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the footnotes thereto. The Company also believes that the importance of brand recognition will increase due to the relatively low barriers to entry in the Company's market. The following important factors, and those important factors described elsewhere in this Offering Circular. Dalmore will refund a portion of the $5,000.00 payment to the extent it is not used, incurred or provided to the Company. THE COMPANY RESERVES THE RIGHT TO DENY THE PURCHASE OF THE SECURITIES BY ANY FOREIGN PURCHASER. Computer, Website or Information System Breakdown Could Affect The Companys Business, Computer, website and/or information system breakdowns as well as cyber security attacks could impair the Companys ability to service its customers leading to reduced revenue from sales and/or reputational damage, which could have a material adverse effect on the Companys financial, A Data Security Breach Could Expose The Company To Liability And Protracted And Costly Litigation, And Could Adversely Affect The Company's Reputation And Operating Revenues. The Company has a very short operating history and no assurance that the business plan can be executed, or that the Company will generate revenues or profits. Certain states are considering or have passed laws and regulations that allow the sale and distribution of marijuana. 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. Companys Bylaws state that the holders of a majority of the outstanding Class A Common Stock have the right to seek and approve a Drag-Along Sale of the Company. This is a cause that is dear to the hearts of many Americans, and its nice to see a company supporting it.Finally, the company has plans to expand its operations in the near future. Although it's the fifth-largest beer maker in the world, Molson Coors' stock has substantially declined for years. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. (Exhibit 1A-2A). Bailey is a network systems engineer who works for theDepartment of Defense. The company was founded in 1366 and is headquartered in Belgium. To date, we have been contract brewing, a model we will soon outgrow. These calculations do not include the costs of the Offering, and such expenses will cause further dilution. I have two uncles who wereMarines, one of which was a Purple Heart recipient, and then I have another uncle and three cousins that went to West Point. The Shares will only be issued to purchasers who satisfy the requirements set forth in Regulation A. PLEASE REVIEW ALL RISK FACTORS ON PAGE 15 THROUGH PAGE 41 BEFORE MAKING AN INVESTMENT IN THIS COMPANY. 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. Armed Forces Brewing Company is a privately owned microbrewery that was founded in San Diego, California in 2014. He is an Afghanistan War veteran and served in the Marine Corps as a combat correspondent. I mean, I wont be shelling out that much cash for a sticker and a few minor benefits, but Im sure someone might. Should an interruption occur, the Company could experience temporary shortfalls in production and/or increased production and/or distribution costs and be required to make significant capital investments to secure alternative capacity for certain brands and packages, the combination of which could have a material adverse effect on the Companys business and financial results. THE COMPANY MAY REJECT ANY OFFER IN WHOLE OR IN PART AND NEED NOT ACCEPT OFFERS IN THE ORDER RECEIVED. The military exchange retail network is made up of 1,045 package stores and mini-marts in the continental U.S. that account for $292 million in annual beer sales. Loans. Unfortunately, the pandemic halted contract brewing operations and the Company could not contract brew any of its beer nor could it continue to test market its products through most of 2020, but the Company resumed contract brewing with its production partners in December of 2020. ARMED FORCES BREWING COMPANY 16 OZ BELGIAN BEER GLASS. Investors may not withdraw their funds tendered from the escrow account or holding account unless the Offering is terminated without a closing having occurred. Special Hops by Armed Forces Brewing Company is a IPA - American which has a rating of 3.5 out of 5, with 182 ratings and reviews on Untappd. 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 subscribers will be instructed by the Company or its agents to transfer funds by credit or debit card or ACH transfer, and possibly by wire transfer or check, directly to the Escrow Account, bank account or holding account established for this Offering. NO ASSURANCE CAN BE GIVEN THAT THE COMPANYS ACTUAL PERFORMANCE WILL MATCH THE PROJECTIONS. Recent changes to Regulation A promulgated under the Securities Act prohibit an issuer from claiming an exemption from registration of its securities under such rule if the issuer, any of its predecessors, any affiliated issuer, any director, executive officer, other officer participating in the offering of the interests, general partner or managing member of the issuer, any beneficial owner of 20% or more of the voting power of the issuers outstanding voting equity securities, any promoter connected with the issuer in any capacity as of the date hereof, any investment manager of the issuer, any person that has been or will be paid (directly or indirectly) remuneration for solicitation of purchasers in connection with such sale of the issuers interests, any general partner. 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. the updated standard will have on the financial statements and related disclosures. All monies from rejected subscriptions will be returned by the Company to the investor, without interest or deductions. Existing patent, copyright, trademark and trade secret laws afford only limited protection. The purchase of the Companys Shares involves substantial risks. 21 & up. Such occurrences may create bad tasting beer or pose health risk to the consumer or risk to the integrity and safety of the packaging. Chief Executive Officer (Principal Executive Officer) Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) and Director. There are no restrictions on alienability of the Shares in the corporate documents other than those disclosed in this Offering Circular. The Company's Employees May Engage In Misconduct Or Improper Activities. GOVERNMENT WARNS TECH COMPANIES TO KEEP YOUR AI CLAIMS IN CHECK, YouTubes new leader teases AI tools that can virtually swap creators outfits and locations, Snapchat is releasing its own AI chatbot powered by ChatGPT, What are the benefits of cloud storage with disadvantages Pro Tips. 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. With their knowledge of beer and my knowledge of the industry and connection to the military, it was a great fit.. Description Item Exhibit, Broker-Dealer Services Agreement with Dalmore Group, LLC. 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