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As of December 31, 2020, the Company had recorded a balance of deferred offering costs of $0. For a full description of the drag-along rights of the Shares of Class C Common Stock offered herein, please review Article XV of the Bylaws (Exhibit 1A-2B). The Companys Advertising and Promotional Investments May Affect the Companys Financial Results. As such, you will not be afforded protection, by any provision of the Shares or as a Shareholder, in the event of a transaction that may adversely affect you, including a reorganization, restructuring, merger or other similar transaction involving the Company. Any infringement of the Company's patent, trademark, copyright or trade secret rights could result in significant litigation costs, and any failure to adequately protect the Company's trade secret rights could result in the Company's competitors offering similar products, potentially resulting in loss of a competitive advantage and decreased revenues. Information on the investment opportunity is available at: www.OwnArmedForcesBrewingCo.com. Were excited that more and more shelf-ready products at strong price points are being produced in theU.S., like those atArmed Forces Brewing Co., saidFelicia McCranie, Walmarts director of corporate affairs. This litigation could result in diversion of resources and could materially adversely affect the Company's operating results. The subscription price of the Shares has been arbitrarily determined by the Company's management without regard to the Company's assets or earnings or the lack thereof, book value or other generally accepted valuation criteria and does not represent nor is it intended to imply that the Shares being offered have a market value or could be resold at that price, even if a sale were permissible. An investment in the Companys Shares is speculative and there is no assurance that investors will obtain any return on their investment. The Company has not authorized anyone to provide you with information different from that contained in this Form 1-A and Offering Circular. The Company has been and will likely continue to be affected by the coronavirus pandemic. We wish we didnt have to ask for your private information, but we have some legal responsibilities and requirements. There can be no assurance that actual results will not differ from those estimates. Bailey is a network systems engineer who works for theDepartment of Defense. occurred by the termination date of the Offering, in which event investor funds held in the Escrow Account, Holding Account or bank account will promptly be refunded to each investor without interest or deductions. The Exclusive Forum Provision In The Subscription Agreement May Have The Effect Of Limiting An Investors Ability To Bring Legal Action Against The Company And Could Limit An Investors Ability To Obtain A Favorable Judicial Forum For Disputes. The maximum aggregate amount of the Shares offered is $7,500,000.00 (the Maximum Offering). (Tribune News Service) While driving throughAnnapolisand seeing theNaval Academyfor the first time, businessmanAlan Bealhad an idea to create a beer specifically for service members. He believes this will be possible once the company has its own brewery with a sales team to bolster the 17 current team members. The Companys present business and planned business are speculative and subject to numerous risks and uncertainties. 4631250, Shares of Class A Common Stock Outstanding, Shares of Class B Common Stock Outstanding, Shares of Class C Common Stock Outstanding, Shares of Class A Common Stock in this Offering (1), Shares of Class B Common Stock in this Offering (1), Shares of Class C Common Stock in this Offering (1), Total shares to be outstanding after the Offering (2). The Company maintains the right to accept or reject subscriptions in whole or in part for any reason or for no reason. Employee misconduct could also involve improper or illegal activities which could result in regulatory sanctions and serious harm to the Company's reputation. 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 Companys Bylaws limit the liability of directors and officers of the Company to the maximum extent permitted by Delaware law. Federal regulations and Executive Orders administered by the OFAC prohibit, among other things, the engagement in transactions with, and the provision of services to, certain foreign countries, territories, entities and individuals. Further, the Company's success and achievement of the Company's growth plans depend on the Company's ability to recruit, hire, train and retain other highly qualified technical and managerial personnel. Therefore, the Company may not be able to protect the Company's existing patent, copyright, trademark and trade secret rights against unauthorized third-party use. All five armed services are among the seven uniformed services of the United States.From the time of its inception, the U.S. Armed Forces played a decisive role in the history of the United States. Existing patent, copyright, trademark and trade secret laws afford only limited protection. So if youre looking for a tasty investment, this could be the one for you.Of course, as with any investment, there are no guarantees. Kirin isn't a growth business, though, and sales have been stagnant for years. Asa part of our series about the future of retail, I had the pleasure of interviewing Derek Detenber. (1) The Company shall pay Dalmore a cash success fee equivalent to 5% of the gross proceeds raised in the Offering. Dissolution or Liquidation of the Company. If such a finding were made, the Company may lose its ability to rely upon exemptions under Regulation A, and, depending on the circumstances, may be required to register the Offering of the Companys Shares with the SEC and under applicable state securities laws or to conduct a rescission offer with respect to the securities sold in the Offering. 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. Generally, no sale may be made to anyone in our offering if the aggregate purchase price you pay is more than 10% of the greater of your annual income or net worth. Bob is in rare company to be one of a handful of brewers to win the Maryland Governors Cup for Excellence in Craft Beer Brewing. Integral Transfer Agency USA Inc. will serve as transfer agent to maintain shareholder information. And he kills space aliens? James Earl Carter Jr. (born October 1, 1924) is an American retired politician who served as the 39th president of the United States from 1977 to 1981. There is not now, and likely will not be in the near future, a public market for the Shares. Your rights and the value of your investment in the Shares of Class C Common Stock could be reduced by the dilution caused by future equity issuances. Armed Forces Brewing is distributed inTexas,Maryland,VirginiaandRhode Islandand is about to expand toFloridaandAlabama. Due to restrictions caused by the COVID-19 global pandemic, the Company reserves the right to not hold such event at all, to hold such events in a virtual or online setting, or to hold such events in a manner otherwise modified as required by laws and restrictions imposed as a result of the pandemic. Total revenue for the period from January 1, 2019 to December 31, 2019 was $12,889 as the Company was in the start-up phase and test marketed its beer in two states, Maryland and Virginia. The securities sold in this Offering may have issues related to taxation at many levels, including tax laws and regulations at the state, local and federal levels in the Unites States, and at all levels of government in non-U.S. jurisdictions. The brewery was founded in 2012 by three veterans of the United States Marine Corps: Chris Christoffersen, Brad Williams, and Matt corporal.The brewerys mission is to create world-class beer that honors our military service and inspires patriotism. Bootstrap Brewing has won numerous awards for its beers, including a gold medal at the Great American Beer Festival and a silver medal at the World Beer Cup.Bootstrap Brewings beers are available in Colorado, Kansas, Nebraska, Wyoming, and New Mexico. The Company was initially formed as a Delaware Limited Liability Company named Seawolf Brewing Company LLC on January 11, 2019 and converted into a Delaware corporation, Seawolf Brewing Company Inc. on September 8, 2020. It also has several wine and spirits brands and an almost 40% stake in marijuana business Canopy Growth (NASDAQ:CGC), making it one of the largest diversified beverage companies around. The Company had net cash of $(155) on December 31, 2019. The Companys Actual Or Perceived Failure To Adequately Protect Personal Data Could Harm Its Business. If the Company fails to manage its growth effectively, its business, financial condition or operating results could be materially harmed. Our Military Brand Ambassador: Robert ONeill. Funds will be promptly refunded without interest, for sales that are not consummated. I have a grandfather who served in World War II. In November 2019, the FASB issued Accounting Standards Update (ASU) No. 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. ERISA Plan must give the participant or beneficiary a reasonable opportunity to exercise such control and must permit him to choose among a broad range of investment alternatives. But persistent double-digit percentage sales growth is fantastic in an industry largely dominated by slow and predictable consumption trends. Share only with people of legal drinking age. Upon acceptance by the Company of a subscription, a confirmation of such acceptance will be sent to the investor. Attend a shooting range with members of the Companys management and advisors. The Company has entered a highly competitive industry and within this highly competitive industry are companies with established track records and substantial capital backing. Your name on our online wall of investors (and later in our physical locations) at the $50,000+ level plus special recognition at each Armed Forces Brewing Company location opened in the future. AFBC. Jeff has been involved with more than 50 openings, remodels, and consultations in his career. Rupprecht formerly worked withDuClaw Brewing Co.and has won the Maryland Governors Cup for Excellence in Craft Beer Brewing. In order to review all of the terms of our securities offering, you should review our offering circular that contains all of the terms, conditions, risk factors, and disclosures that you should read and understand before you invest in our company. There can be no assurance that the Company will effectively manage such increasing complexity without experiencing future planning failures, operating inefficiencies, insufficient employee training, control deficiencies or other issues that could have a material adverse effect on the Companys business and financial results, The Company may continue to avail itself of contract brewing at third-party breweries. A member of the Democratic Party, he previously served as a Georgia state senator from 1963 to 1967, and as the 76th governor of Georgia from 1971 to 1975.. Carter was born and raised in Plains, Georgia, graduated from the United States Naval . Similar to issuing a cash rebate to a customer, issuing a share-based payment to a customer can incentivize additional purchases. The Shares are being offered and sold by Armed Forces Brewing Company, Inc., a Delaware Corporation (Armed Forces Brewing, we, our or the Company). The minimum subscription that will be accepted from an investor is Two Hundred Dollars ($200.00) (the "Minimum Subscription"), however, the Company reserves the right to accept a lower amount in the Companys absolute discretion. Contact the author here. The Company anticipates competition among domestic craft brewers will remain strong, as many local craft brewers continue to experience growth. A loss that is uninsured, or underinsured, or which otherwise exceeds policy limits may require us to pay substantial amounts, which could adversely affect the Companys financial condition and operating results. However, potential. Lack of additional funding could force the Company to curtail substantially the Companys growth plans. Musk is the co-founder of the electric car company Tesla Motors, in addition to leading several other companies including SpaceX. This Offering is a material event that should cause future reported financial information to be materially different than the numbers reflected below. Interest on debt securities could increase costs and negatively impact operating results. The Company has engaged Dalmore Group, LLC (Dalmore), a broker-dealer registered with the SEC and members of the Financial Industry Regulatory Authority (FINRA), to perform the following functions in connection with this Offering, but not for underwriting or placement agent services: 1.Review investor information, including KYC (Know Your Customer) data, perform AML (Anti-Money Laundering) and other compliance background checks, and provide a recommendation to Company whether or not to accept investor as an investor of the Company; 2.Review each investors subscription agreement to confirm such investors participation in the offering, and provide a determination to Company whether or not to accept the use of the subscription agreement for the investors participation; 3. Armed Forces Brewing is a military tribute craft beer brewing company comprised of three brands that pay homage to our U.S. military branches and military members both active duty and veterans. The Company plans to undertake further equity financing which may be dilutive to existing Shareholders, including you, or result in an issuance of securities whose rights, preferences and privileges are senior to those of existing Shareholders, including you, and also reducing the value of Shares subscribed for under this Offering. If the operation of the servers is interrupted for any reason, including natural disaster, financial insolvency of a third-party provider, or malicious electronic intrusion into the data center, its business would be significantly damaged. As of December 31, 2020, the Company is operating as a going concern. The price of the Shares of Class C Common Stock is arbitrary and may not be indicative of the value of the Shares of Class C Common Stock or the Company. Beer is a top beverage for consumers all over the world and generates ample profits for the major producers and their shareholders. Armed Forces Brewing - "Invest in my brewery 'cause I'm an operator and guns are cool" ownarmedforcesbrewingco. Rupani is an administrator of acquisitions and grants at the United States Geological Survey and company director . And, theyre growing quickly, with plans to expand their brewing operations and open new taprooms in the near future.On the downside, theres the potential for negative publicity if any of their beers are linked to health problems. 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. Has not authorized anyone to provide you with information different from that contained in this Form 1-A and Circular. Companies including SpaceX ) no provide you with information different from that contained in this Form and. 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