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). This offering statement has been signed by the following persons in the capacities and on the dates indicated. These calculations do not include the costs of the Offering, and such expenses will cause further dilution. Litigation may be necessary in the future to enforce the Company's intellectual property rights, to protect the Company's trade secrets or to determine the validity and scope of the proprietary rights of others. At the time of this filing, many restaurants and bars are shut down or operating in a limited capacity. "Our office has worked closely with the Colorado-Wyoming USPS district . This Form 1-A and Offering Circular are submitted in connection with the Offering described herein and may not be reproduced or used for any other purpose. It is reasonably possible that changes in estimates will occur in the near term. The Company may find it necessary or advisable to reallocate portions of the net proceeds reserved for one category to another, or to add additional categories, and the Company will have broad discretion in doing so. Does risk management play a role in investing in digital currency markets? If the Company fails to manage its growth effectively, its business, financial condition or operating results could be materially harmed. To help you understand these efforts, the Company wants to provide you with some information about money laundering and the Companys efforts to help implement the USA Patriot Act. are offering to sell, and seeking offers to buy, the Shares only in jurisdictions where offers and sales are permitted. Beer, one of the original alcoholic beverages, was developed at the dawn of human civilization. The stock offering provides all Americans with the opportunity to invest in Armed Forces Brewing Company for as little as $200 at $10 per share with a goal is to raise $7.5 million. Armed Forces Brewings team and business plan was created with the ability to mass scale. Launched in 2019, Armed Forces Brewing Company was founded by experienced veterans of the food and beverage industry, U.S. Military Veterans including former SEAL Team 6 Operator Robert J. ONeill and an award-winning brewmaster, Bob Rupprecht. Operating expenses for the period were comprised of the Company investing in developing their future beer portfolio and marketing strategy, and legal consultation. Overall, though, Armed Forces Brewing Company seems like a solid investment for those looking to support a good cause and enjoy some delicious beer. George served for over twenty years in the Army, including tours of duty in Iraq and Afghanistan. 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. If any asset sold were depreciable or amortizable, a gain probably would be produced since depreciation and amortization deductions decrease the adjusted tax basis. Enforcing a claim that a third party illegally obtained and is using the Company's trade secrets could be expensive and time consuming, and the outcome of such a claim is unpredictable. Factors or events that could cause the Companys actual operating and financial performance to differ may emerge from time to time, and it is not possible for the Company to predict all of them. EACH INVESTOR SHOULD CONSULT HIS OR HER OWN ATTORNEY, ACCOUNTANT OR. We plan to build a team to scale Armed Forces Brewing Company across the country, and eventually internationally as well. 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. Thats the responsible thing to do to protect all of us, and to protect you as an investor. The company was founded in 2014 by two former Marines, Adam Firestone and David Walker. $12.00. Jasons expertise is in Information Technology, Information Security, System Engineering, Project Management, Change Management, Budgeting, Acquisitions, and craft beer. The companys beers are widely available and well-regarded, and its charitable foundation is making a difference for veterans and their families. Integral Transfer Agency USA Inc. will serve as transfer agent to maintain shareholder information. Kirin isn't a growth business, though, and sales have been stagnant for years. The Company's success is heavily dependent upon the continued active participation of the Company's current executive officers, as well as other key personnel and contractors. (1) There are three classes of Shares issued by the Company. Armed Forces Brewing - "Invest in my brewery 'cause I'm an operator and guns are cool" ownarmedforcesbrewingco. The timing and amounts of such closings will be in the sole and absolute discretion of the Company, who will take into consideration as to when closings will take place such matters as the amount of funds raised in the Offering prior to each such proposed closing, the feedback received from market participants regarding their interest in participating in the Offering and the impact that a closing would have on the continuation of the Offering. Fees in the charts above only reflect the cash fees and do not reflect the warrants, which are also not represented in the table of beneficial ownership herein. Located in San Diego, California, Armed Forces has been in operation since 2014 and has seen tremendous growth in both production and sales. The company is headquartered in Tampa, Florida, and it has a strong presence in the United States. Invest Now Company Name Armed Forces Brewing Co., Inc Max Offering Percentage of beneficial ownership before the offering is based on 3,881,250 shares outstanding which includes 88,206 shares set aside for the Equity Incentive Plan that are not outstanding or have not been issued as of the date of this Offering Circular. Perks will be fulfilled when this public stock offering has ended. The Companys regular bank accounts, any escrow account and bank accounts that may be used to hold some investor funds while investors are going through the compliance process before a closing occurs, have federal insurance that is limited to a certain amount of coverage. I mean, I wont be shelling out that much cash for a sticker and a few minor benefits, but Im sure someone might. The Company was formed for the general purpose of transacting any or all lawful business for which a corporation may be formed in the State of Delaware. THE COMPANY RESERVES THE RIGHT TO DENY THE PURCHASE OF THE SECURITIES BY ANY FOREIGN PURCHASER. 11.7K followers. The Companys Chief Executive Officer is Alan Beal. If all of the Shares in this Offering are fully subscribed and sold, the Shares offered herein will constitute approximately 16.19% of the total outstanding shares of the Company. market acceptance more rapidly than the Company is able and may be more effective themselves as well. tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Further, even if these efforts are successful, they may not be cost-effective. Two Armed Forces Brewing Company hats Four Armed Forces Brewing Company beer glasses Access for three to the VIP tent/section at one event we sponsor Membership in our tasting club where you have the opportunity taste every new beer before it goes to market** *Travel and accommodations not included on any perk ** Restrictions apply. 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). Therefore, the. Before joining Armed Forces Brewing, Bob was the brewmaster for DuClaw Brewing Company in Rosedale, Maryland from 2014-2017. The Company intends to engage Integral Transfer Agency USA Inc. to serve as the transfer agent and registrant for the Shares. They offer growlers and kegs to-go from their tasting room located in the Point Loma neighborhood of San Diego. The Company would also likely have to pay fines, penalties and/or other assessments imposed as a result of any data security breach. 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. 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. Currently it is not possible to predict the impact of this on sales of alcohol, but it is possible that legal marijuana usage could adversely impact the demand for the Companys products. Different rules apply to accredited investors and non-natural persons. In addition, if the Company needs to raise more equity capital from the sale of additional stock or notes, institutional or other investors may negotiate terms at least as, and possibly more favorable than the terms of your investment. They now have three beers on the market: Special Hops IPA; Catshot, a lager whose name is a tribute to aircraft personnel; and The Preamble, a light session beer. Accounts and Notes Receivable. 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. Updated Sep 30, 2021 11:07 AM EDT. Accordingly, the Company's initial business model may not be successful and may need to be changed. 2019-08 will affect companies that issue share-based payments (e g., options or warrants) to their customers. 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. Commodity markets are volatile and unexpected changes in commodity prices can reduce the Companys profit margin and make budgeting difficult. 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. CompensationStock Compensation (Topic718) and Revenue from Contracts with Customers (Topic 606): Codification Improvements Share-Based Consideration Payable to a Customer, which simplifies and increases comparability of accounting for nonemployee share-based payments, specifically those made to customers ASU No. The Company is not involved in any litigation and is not aware of any pending or threatened legal actions. The Company intends to purchase or build one or more breweries, and to reduce reliance on contract brewing. any discussion of the timing or nature of future operating or financial performance or other events. The Company's projected growth will place a significant strain on the Company's administrative, operational and financial resources. The Company has been and will likely continue to be affected by the coronavirus pandemic. If the Approved Sale is structured as a sale of shares, each shareholder will receive the consideration for its shares that is set forth in the acquisition agreement for the Approved Sale. 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. If you do not have a regular brokerage account, or your regular broker will not hold the Shares for you (and many brokers refuse to hold Regulation A securities for their customers and are not set up to hold securities in Share form) there will be nobody keeping records for you for tax purposes and you will have to keep your own records, and calculate the gain on any sales of any securities you sell. share) and will, when exercised, provide Dalmore or their assigns with Shares of Class C Common Stock. 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