Similarly, domains owned and used by the Company may be challenged by others who contest the ability of the Company to use the domain name or URL. The company is headquartered in San Diego, California. INVESTORS SHOULD BE AWARE THATTHEY WILL BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME. Musk is the co-founder of the electric car company Tesla Motors, in addition to leading several other companies including SpaceX. If the Company decides to issue more Shares or other securities, an investor could experience value dilution, with each Share being worth less than before, and control dilution, with the total percentage an investor owns being less than before. The Company does not expect to create any additional classes of stock during the next 12 months, but the Company is not limited from creating additional classes which may have preferred dividend, voting and/or liquidation rights or other benefits not available to holders of its Shares if it chooses to do so. Kendall Almerico, securities counsel to the Company, is the holder of an option to exercise for 112,827 Shares of Class C Common Stock of the Company. We now move to questions from Labour leader Sir Keir Starmer. Regulations issued on November 13, 1986, by the Department of Labor (the Final Plan Assets Regulations) provide that when an ERISA Plan or any other plan covered by Code Section 4975 (e.g., an IRA or a Keogh Plan which covers only self-employed persons) makes an investment in an equity interest of an entity that is neither a publicly offered security nor a security issued by an investment company registered under the Investment Company Act of 1940, the underlying assets of the entity in which the investment is made could be treated as assets of the investing plan (referred to in ERISA as plan assets). Therefore, the. market acceptance more rapidly than the Company is able and may be more effective themselves as well. The company has won several awards, including a gold medal at the Great American Beer Festival and a silver medal at the World Beer Cup.The companys founders have stated that their mission is to brew quality craft beer for everyone to enjoy. As of December 31, 2020, the Company had recorded a balance of deferred offering costs of $0. Each investor should consult their tax professional prior to investing. However, potential. There is also uncertainty as to what will happen to in this regard should another health-related outbreak occur in the future. 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. So do your own research before making any decisions. Armed Forces Brewing Company is a craft brewing company with three offerings: Seawolf Brewery, Soldier Brewery, and Airmen Brewery. 30 posts. If you decide to subscribe for any Shares in this Offering, you must deliver a funds for acceptance or rejection. Additional mergers and acquisitions in its industry may result in even more resources being concentrated in its competitors. The West Coast IPA is brewed with Cascade, Chinook, and Simcoe hops, and has a 6.8% ABV.In addition to its West Coast IPA, Armed Forces Brewing Company also brews a rotating selection of seasonal and limited release beers. The Company faces uncertainty as the ongoing pandemic causes significant disruption to U.S and global markets and business, and the alcohol, restaurant and bar industries in general. Patents, trademarks and copyrights that have been or may be obtained by the Company may be challenged by others, or enforcement of the patents, trademarks and copyrights may be required. Attend a shooting range with members of the Companys management and advisors. The Company Faces Significant Competition in the United States, Canada and Elsewhere. 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. The price per Share of Class C Common Stock in this Offering is $10.00 per Share. Invest now at the link in our bio! If the maximum amount is raised in this Offering, investors in this Offering will own approximately 16.19% of the Company. (4)If you are affiliated with a non-U.S. banking institution (a Foreign Bank), or if you receive deposits from, make payments on behalf of, or handle other financial transactions related to a Foreign Bank, you represent and warrant to the Company that: (a) the Foreign Bank has a fixed address, and not solely an electronic address, in a country in which the Foreign Bank is authorized to conduct banking activities; (b) the Foreign Bank maintains operating records related to its banking activities; (c) the Foreign Bank is subject to inspection by the banking authority that licensed the Foreign Bank to conduct its banking activities; and (d) the Foreign Bank does not provide banking services to any other Foreign Bank that does not have a physical presence in any country and that is not a regulated affiliate. He has led, operated, and grown profitable multi-unit independent food & beverage groups in the Denver, Kansas City, and Charlotte markets. Attention has shifted to higher-end beers and trendy beverages such as sparkling hard seltzer (the premium side of the business) to better align the brand portfolio with current consumer tastes. Encryption software and the other technologies used to provide security for storage, processing and transmission of confidential customer and other information may not be effective to protect against data security breaches by third parties. Chief Executive Officer, Chief Financial Officer and Director. 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. Rupprecht serves as the chief brewing officer of Armed Forces Brewing. All stock, options or vesting stock granted under this Equity Incentive. Armed Forces Brewings brewmaster Bob Rupprecht is one of a handful of brewers to win the Maryland Governors Cup for Excellence in Craft Beer Brewing. The price at which the Shares are being offered has been arbitrarily determined by the Company. Armed Forces Brewing is distributed inTexas,Maryland,VirginiaandRhode Islandand is about to expand toFloridaandAlabama. As an outgrowth of these concerns, the possibility exists that advertising by beer producers could be restricted, that additional cautionary labeling or packaging requirements might be imposed, that further restrictions on the sale of alcohol might be imposed or that there may be renewed efforts to impose increased excise or other taxes on beer sold in the United States. Reliance on its own breweries may expose the Company to capacity constraints and risk of disruption of supply, as these breweries are operating at or close to current capacity in peak months. The Companys Future Financial Performance And Its Ability To Compete Effectively Will Depend, In Part, On The Companys Ability To Manage Any Future Growth Effectively. The Companys ability to obtain and then maintain its distribution arrangements may be adversely affected by the fact that many of its distributors will be reliant on one of the major beer producers for a large percentage of their revenue and, therefore, they may be influenced by such producers. Chief Operations Officer and Board of Directors Member, Jeff has been one of the top F&B owners/operators/consultants in the Southeast for over 30 years. He believes this will be possible once the company has its own brewery with a sales team to bolster the 17 current team members. Alan was the Chief Operating Officer of Seawolf Brewery, LLC based in Annapolis Maryland from 2015 to 2019, and has been the Chief Executive Officer of Seawolf Brewing Company, Inc. which became Armed Forces Brewing Company, Inc. since its inception in 2019. He wasan Admin Operations Specialist at the United States Geological Survey based in Catonsville, MD from 2016 to 2020 and became a Contract Specialist at the United States Geological Survey in March 2020, a position he has held to present. The warrants may be exercised by Dalmore or their assigns for no cost ($0.00 per share) and will, when exercised, provide Dalmore or their assigns with shares of Class C common stock. They have an additional 53 package stores on military bases overseas that have an annual revenue of $85 million. Net Loss. Such problems, even when unsubstantiated, could be harmful to the Companys image and the reputation of the Company and its products. Any costs and expenses associated with a terminated offering will be borne by the Company. All of their beers are brewed in small batches, using only the finest ingredients. 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. The Company has budgeted for the fulfillment of all shareholder benefits/perks from its ongoing operating revenues. Because the Shares have not been registered under the Securities Act or under the securities laws of any state or non-United States jurisdiction, the Shares may have certain transfer restrictions. At present, the Company contract brews all of its beer. 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 Escrow Account shall disburse such Investors subscription proceeds in its possession to the account of the Company. The lists of the OFAC-prohibited countries, territories, individuals and entities can be found on the OFAC website at http://www.treas.gov/ofac. The company Reddit page has over 1,700 subscribers and is a popular source of information for potential investors.The company brews a variety of beers including IPAs, stouts, lagers, and wheat beers. The Company has already incurred debt and will likely incur additional debt (including secured debt) in the future and in the continuing operations of its business. 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