{"data":{"type":"company_profile","id":12318,"entity_id":"wefunder:company:12318","attributes":{"canonical_url":"https://wefunder.com/bloomery","generated_at":"2026-06-24T05:34:56Z","updated_at":"2026-06-24T05:00:05Z","entity_ids":{"company":"wefunder:company:12318","slug":"wefunder:company_slug:bloomery"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-24T05:34:56Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-24T05:00:05Z","as_of":"2026-06-24T05:34:56Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-24T05:00:05Z","as_of":"2026-06-24T05:34:56Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-11-05T15:21:43Z","as_of":"2026-06-24T05:34:56Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-11-05T15:21:43Z","as_of":"2026-06-24T05:34:56Z","confidence":"medium"}}},"company":{"id":12318,"entity_id":"wefunder:company:12318","slug":"bloomery","name":"Bloomery","tagline":"Award-winning farm-fresh liqueurs hand-crafted in West Virginia","elevator_pitch":"With a sweet spin on moonshine, Bloomery’s all natural, farm fresh SweetShine liqueurs are crafted the way the old timers used to do it, by hand. We embody authentic, simple, clean, farm-fresh flavors and adventurous, award-winning American made soul. In a bottle. We are the only craft distillery in America whose complete focus is on making a line of all natural, garden to glass cocktail liqueurs, while growing some of the farm-fresh ingredients, right here on our farm.","location":"Charles Town, WV","website":"https://bloomerysweetshine.com/","total_amount_raised":196900,"total_investors":360,"is_funded":true,"is_active":true,"related_urls":["https://wefunder.com/bloomery","https://bloomerysweetshine.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/12318/xxl_cropped_Screen_Shot_2018-07-11_at_6.45.46_PM.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/12318/large_cropped_logo.jpg","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/12318/standard_cropped_Screen_Shot_2018-07-11_at_6.45.46_PM.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/12318/standard_cropped_Screen_Shot_2018-07-11_at_6.45.46_PM.jpg"},"links":{"company_url":"https://bloomerysweetshine.com/","twitter_url":"http://twitter.com/bloomerytweets","facebook_url":"https://www.facebook.com/BloomeryPlantationDistillery/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"$790,678 sales in 2015"},{"index":2,"claim_id":"claim-fact-2","value":"25 Awards in five years"},{"index":3,"claim_id":"claim-fact-3","value":"92 Score: \"Outstanding\" from Tasting Panel Magazine"},{"index":4,"claim_id":"claim-fact-4","value":"38% year over year growth. Nearly 100% word-of-mouth marketing"},{"index":5,"claim_id":"claim-fact-5","value":"~90% sales on-site. Now ready to distribute nationwide"}],"team":[{"id":71020,"entity_id":"wefunder:company_role:71020","user_entity_id":"wefunder:user:77539","role":"founder","name":"Linda Losey","title":"CCO/COO","bio":"Linda sets the vision for the company, and oversees operations as well as the direction of product lines, branding and marketing.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/71020/square_cropped_Linda_Losey.jpg?1476930860","profile_url":"https://wefunder.com/lindalosey","linkedin_url":"https://www.linkedin.com/in/linda-losey-ab966398","related_urls":["https://wefunder.com/lindalosey"]},{"id":71950,"entity_id":"wefunder:company_role:71950","role":"founder","name":"Rob Losey","title":"Director of National Sales and Distribution","bio":"Rob is the go to guy. He oversees, manages and directs Bloomery's national sales and distribution, the tasting room and public relations.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/71950/square_cropped_Rob_On_Tractor.jpg?1476536092","related_urls":[]},{"id":71949,"entity_id":"wefunder:company_role:71949","role":"founder","name":"Thomas J. Kiefer","title":"CEO","bio":"A structural and civil engineer, Tom is the grounded partner, carrying out Bloomery's strategic plans and policies, and overseeing operations.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/71949/square_cropped_Tom_1.jpg?1476535747","linkedin_url":"https://www.linkedin.com/in/tom-kiefer-9978611","related_urls":[]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":33,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":8084,"entity_id":"wefunder:fundraise:8084","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":70000.0,"funding_started_at":"2016-10-20T16:07:20Z","funding_closed_at":"2017-01-28T18:36:56Z","auto_close_at":"2017-01-28T04:59:59Z"}],"latest_fundraise":{"id":8084,"entity_id":"wefunder:fundraise:8084","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2016-10-20T16:07:20Z","funding_closed_at":"2017-01-28T18:36:56Z","terms":{"eb":null,"nb":"$2M","txt":"pre-money valuation"}},"recent_posts":[],"q_and_a":[{"id":7646,"entity_id":"wefunder:comment:7646","question":"James from Facebook asks: 1) What do you get for investing in this distillery? 2) Are these units of ownership registered with the state, county or federal government? Are payouts too? 3) A rate of return of 10% the first year is phenmenal. How do you report this to the state and IRS and the individual? 4) Is there a minimum investment and how would one set up an account for periodic deposits. 5) Can you post a financial statement? 6) I dont see a profit and loss statement for 2015 or 2016 a breakdown of assets, expenses and stockholder equity. The actual figures. Answers: 1) Hi you become an owner, with us! Full details are here for return on investment, at the top of the page: https://wefunder.com/bloomery 2) Hi, through the Jobs Act, non-accredited friends, family members, fans and others can now invest in America's small businesses. The only way they can do that is through an SEC registered portal like Wefunder, or StartEngine, etc. So all of it is registered with the SEC, as far as our filed Form C and the money in escrow, etc. However there is not a market for the shares or units, currently, as it is not an IPO, rather it is a private offering of a small business that is not publicly traded. When Bloomery becomes profitable distributions will be made per our filed Form C and what is stated at the top of the page at https://wefunder.com/bloomery depending on the amount invested into the company. If an investment is made you would own units of interest (shares), you would be an owner, with distributions coming as the company gains profitability. You can see the SEC Regulation Crowdfunding rules here: https://www.seedinvest.com/.../regulation-crowdfunding-rules Hope that helps! 3) Plus, again, once we're profitable, you get paid back your original investment, then once that's completed at the 10% rate, the distributions come in :) It is good! Because we are an LLC you would be issued K-1's for IRS reporting. 4) Yep $100 for 10 shares is the minimum. Just set up the account at \"invest now\" at Wefunder.com/Bloomery Easy-peasey : ) but you can only invest twice. 5) Sure, you'll find all of our reviewed financials at Wefunder.com/Bloomery near the bottom under the Form C link that was filed with the SEC. Everything is required to be done through the Wefunder portal. Hope that helps. 6) Our 2014 and 2015 P\u0026amp;L are in the documents, along with the reviewed financial comments from an independent firm, as an exhibit to Form C. 2016 is not in the filed Form C, as we had to provide the two years prior to the start of the campaign. Shareholder information for current Class A members (the founders), and Class B members (future--as we don't have any yet) are in the filed Form C as well. There are no current Class B holders as the campaign runs through October 2017. The SEC rules are a bit counter intuitive in that the first financials are due to shareholders (once we officially have Class B holders) for the year in which the campaign closes. Since the campaign closes in October of this year, the first financials will be coming out in early 2018. There is a link to the Form C at the very bottom under \"other disclosures.\" This link should take you to the official filing https://www.sec.gov/.../0001674421-16-000011-index.htm which should help you see the Form C, the business plan and exhibits. Hope this all helps.","author_name":"Linda Losey","votes":1,"created_at":"2017-01-16T04:11:11Z","canonical_url":"https://wefunder.com/bloomery#question-7646","answers":[]},{"id":7403,"entity_id":"wefunder:comment:7403","question":"Congratulations on the journey thus far and all the success. Hoping for continued success, especially, as a potential investor. A few questions for the team. [1] What were your final sales in 2016? An estimate for now will suffice, if you are still rolling up/tabulating the numbers. [2] Based on the 2016 sales, and assuming you only get to $70k of funding this round (given the other round ends later in the year), what is your revenue and net profit estimates for 2017? [3] Is Daymond John an investor/partner in the business? I saw he was referenced in your pitch as developing a marketing plan together, so it'd be helpful to clarify his relationship to the company. [4] I assume the Company has full business insurance which fully covers everything, including lost revenues/profits? For example, did business interruption insurance cover your 2-month closure when fighting the tax legislature? [5] As you expand in 2017 and 2018, especially in the area of distribution, how do you envision your cost increasing? What would that $4/unit be after the expansion of distribution? Do you expect to pass on increased costs to consumers, or absorb that in the Company's profits? [6] Are the owners/partners currently taking salaries? If not, what do you think a normalized salary should be for 3 of you and will you start taking that in 2017? (This will help me get to a normalized Income Statement/Profit analysis for the company). [7] I assume you are only servicing interest on the debt at the moment and currently not amortizing the principal balance - - is that correct? or are you fully servicing interest and principal repayment even without profitability? [8] The tasting room seems to be a significant portion of sales and it is just one location! Do you plan to build-out more tasting rooms in WV or other states? Or are you hoping the tasting room becomes a very insignificant portion of revenues after expansion of distributions? I know these are long and detailed questions, but just looking to cover off a few more bases before I commit to investing. Once again, congratulations on the journey and success thus far - - well-deserved.","author_name":"Anthony Omokha","votes":1,"created_at":"2017-01-04T01:51:43Z","canonical_url":"https://wefunder.com/bloomery#question-7403","answers":[{"id":7417,"entity_id":"wefunder:comment:7417","answer":"Hi Anthony, thanks for doing your fundamental diligence with these questions that will also help others :) So here goes (1) Our final numbers are not compiled yet. Our best forecast is slightly higher than last year at $800,000. (2) Our best estimates for 2017: $1.2 M for revenue with a net profit of $337 for 2017 as shown in the filed Form C (3) Daymond John is not an investor/partner in the business. We attained a meeting with him for marketing advice, which he provided. He very much enjoyed us. Along with the advice he gave, he asked us to serve our cocktails at his July 4th party in the Catskills, which we had a blast doing. (4) We do have full business insurance coverage, including business interruption insurance. We did not use the interruption coverage during the two months we were closed. (5) As we expand our distribution and create larger batches--buying ingredients, bottles, and corks in larger bulk--we anticipate our cost of goods per bottle decreasing. (6) As an LLC our partners don't take salaries, as it's not recommended by the IRS, rather we take what is called a guaranteed payment. Currently two of us are taking home around $40,000 a year each. The third partner is employed full-time elsewhere and works on the business, part-time to cover his duties, but is not compensated for his Bloomery work--other than pure love, pain, and enjoyment : ) Over time, we hope to normalize our salaries by at least twice the current pay. (7) We are paying down both interest and principle on our loans. (8) Although we have been approached by some who are interested in franchising the business in other areas, and we have toyed with the idea, it would serve as a distraction at this time and would be expensive to implement. We are focusing expanding our National Sales where we will enjoy the most profitability by increasing our sales numbers nationally.","author_name":"Linda Losey","votes":2,"created_at":"2017-01-04T17:57:23Z"}]},{"id":6413,"entity_id":"wefunder:comment:6413","question":"Justin from Facebook asks: What market are you traded on? Answer: Hi Justin, thanks for your question! We are not, nor are any securities that any company is selling through Regulation CF. The securities are not publicly traded securities. It is not an IPO offering. As stated in our Form C, currently there is no market to trade Reg CF securities. The purchaser has to hang onto them for at least a year. We are a privately held company offering securities through a regulation crowdfunding campaign. We encourage you to read the entire Form C before investing in our company to understand all of the risks.","author_name":"Linda Losey","votes":1,"created_at":"2016-11-06T23:14:11Z","canonical_url":"https://wefunder.com/bloomery#question-6413","answers":[]},{"id":6101,"entity_id":"wefunder:comment:6101","question":"Tom from Facebook asks: Do you have to be accredited? Answer: No, that's the beauty of Regulation Crowdfunding! An investor is limited in the amount he or she may invest in crowdfunding securities in any 12-month period: • If either the annual income or the net worth of the investor is less than $100,000, the investor is limited to the greater of $2,000 or 5% of the lesser of his or her annual income or net worth. • If the annual income and net worth of the investor are both greater than $100,000, the investor is limited to 10% of the lesser of his or her annual income or net worth, to a maximum of $100,000.","author_name":"Linda Losey","votes":1,"created_at":"2016-10-22T17:55:49Z","canonical_url":"https://wefunder.com/bloomery#question-6101","answers":[]},{"id":76239,"entity_id":"wefunder:comment:76239","question":"Regarding my invenstment, Can I specify \"payable upon death\" to another individual. Also, how do I transfer ownership of my investment while I am alive thank you.","author_name":"Barbara Jane Pinel","votes":0,"created_at":"2020-01-30T18:30:49Z","canonical_url":"https://wefunder.com/bloomery#question-76239","answers":[{"id":76392,"entity_id":"wefunder:comment:76392","answer":"Hi Barbara, It sounds as though you haven't received the news of Bloomey's Dissolution either through the emails sent or through Facebook : /. Unfortunately we had to close Bloomery's doors back in June and the company was dissolved on 11/30/19. We are sending out the final K-1's by February 15. If you have had a change of email address, please just let me know so I can forward to the accountant. It personally broke us, and broke our hearts, to close the doors after 10 years of losses. Thanks so much for being such a great fan through the years. Best to you and your family. Linda​​","author_name":"Linda Losey","votes":1,"created_at":"2020-02-01T00:16:27Z"}]},{"id":70656,"entity_id":"wefunder:comment:70656","question":"Any documents for investors?","author_name":"Misty Guevara","votes":0,"created_at":"2019-12-06T23:40:04Z","canonical_url":"https://wefunder.com/bloomery#question-70656","answers":[{"id":70662,"entity_id":"wefunder:comment:70662","answer":"Hi Misty, I'll be posting the dissolution document on here, as soon as I receive it back from the state. I'm not sure if we'll have K-1s this year or not, I'm waiting to hear back on that as well. If we have the K-1s those will go out sometime in February after the final books are closed for YE 2019. When I post the dissolution document for your accountant, hopefully I'll have the K-1 answer. Best, Linda","author_name":"Linda Losey","votes":1,"created_at":"2019-12-07T01:38:48Z"}]},{"id":63149,"entity_id":"wefunder:comment:63149","question":"Since Bloomery has filed for bankruptcy, when should investors expect to receive documents for claiming a 2019 tax loss?","author_name":"Stephen William WALLS","votes":0,"created_at":"2019-09-13T16:35:08Z","canonical_url":"https://wefunder.com/bloomery#question-63149","answers":[]},{"id":24472,"entity_id":"wefunder:comment:24472","question":"Any mid year updates for investors?","author_name":"Dilraj Ghumman","votes":0,"created_at":"2018-07-19T15:11:35Z","canonical_url":"https://wefunder.com/bloomery#question-24472","answers":[{"id":24638,"entity_id":"wefunder:comment:24638","answer":"Hi I am working on the mid-year update now. Our June numbers don't close out with the state until the end of July, and then I'll need to compile and close out. So I hope to have something out within the month. Thanks for checking : )","author_name":"Linda Losey","votes":0,"created_at":"2018-07-22T17:47:09Z"}]},{"id":9415,"entity_id":"wefunder:comment:9415","question":"Is there still a chance to invest OR will there be in the future. I So wanted to the first time put had computer problems and didnt get to.","author_name":"Lois Scott","votes":0,"created_at":"2017-04-27T14:42:41Z","canonical_url":"https://wefunder.com/bloomery#question-9415","answers":[{"id":9422,"entity_id":"wefunder:comment:9422","answer":"Hi Lois, thanks so much for reaching out. Unfortunately our Reg CF crowdfunding campaign closed on January 27, 2017. As of right now we do not anticipate another round, but who knows what the future will hold? So please watch our social media and website, as if we do another round in 2018, it'll be blasted everywhere! Thanks so much for your belief in us and your support. It means the world to us!","author_name":"Linda Losey","votes":0,"created_at":"2017-04-27T16:05:51Z"}]},{"id":7682,"entity_id":"wefunder:comment:7682","question":"What is the timeline \u0026amp; status of rolling out distribution to new states?","author_name":"Craig J. Vom Lehn","votes":0,"created_at":"2017-01-17T23:42:24Z","canonical_url":"https://wefunder.com/bloomery#question-7682","answers":[{"id":7729,"entity_id":"wefunder:comment:7729","answer":"Hi Craig, we are working on the various options. We certainly are planning on support for and expanding our sales in the four major cities we currently are in: Baltimore, DC, NY and Boston. We are also planning on opening up new states for distribution. We just opened MA and RI is currently in the works--we are waiting on the initial order. From there we are looking to head South and West over the next few years--with plans to hit the major millennial-driven areas first.","author_name":"Linda Losey","votes":0,"created_at":"2017-01-21T16:32:44Z"}]},{"id":7639,"entity_id":"wefunder:comment:7639","question":"Hey Linda how much longer do you thin this round of investing will go ?","author_name":"Ty Sharpe","votes":0,"created_at":"2017-01-15T22:17:58Z","canonical_url":"https://wefunder.com/bloomery#question-7639","answers":[{"id":7730,"entity_id":"wefunder:comment:7730","answer":"Hi Ty, I couldn't answer that before I knew, so my apologies in the delayed answer. Our closing date is now January 27, 2017.","author_name":"Linda Losey","votes":0,"created_at":"2017-01-21T16:33:29Z"}]},{"id":7581,"entity_id":"wefunder:comment:7581","question":"Just wondering what your planned exit strategy is. Do you intend to continually operate in perpetuity, or do you intend to be acquired by a larger player?","author_name":"Craig J. Vom Lehn","votes":0,"created_at":"2017-01-12T15:47:43Z","canonical_url":"https://wefunder.com/bloomery#question-7581","answers":[{"id":7596,"entity_id":"wefunder:comment:7596","answer":"Hi Craig, while we are fully committed to and planning on running our company, it is often the case that a larger player courts a successful, small craft distillery. If that happens at some point in the future, we would certainly be open to discussing whatever works best in the interest of our company and for our investors.","author_name":"Linda Losey","votes":1,"created_at":"2017-01-12T23:10:38Z"}]},{"id":7495,"entity_id":"wefunder:comment:7495","question":"Linda, Do you have an idea when the 2016 financials will be released for review?","author_name":"Jordan Wolfe","votes":0,"created_at":"2017-01-06T18:05:14Z","canonical_url":"https://wefunder.com/bloomery#question-7495","answers":[{"id":7521,"entity_id":"wefunder:comment:7521","answer":"Hey Jordan, the SEC rules are a bit counter intuitive in that the first financials are due for the year in which the campaign closes. Since the campaign closes in October of this year, the first financials will be coming out in early 2018.","author_name":"Linda Losey","votes":0,"created_at":"2017-01-07T16:40:37Z"}]},{"id":7421,"entity_id":"wefunder:comment:7421","question":"Linda - thanks for the detailed responses to my questions. I appreciate it. You can count me in!","author_name":"Anthony Omokha","votes":0,"created_at":"2017-01-04T19:15:25Z","canonical_url":"https://wefunder.com/bloomery#question-7421","answers":[{"id":7436,"entity_id":"wefunder:comment:7436","answer":"Awesome, thanks so much for taking the time to discover more about us : )","author_name":"Linda Losey","votes":0,"created_at":"2017-01-04T21:27:38Z"}]},{"id":6918,"entity_id":"wefunder:comment:6918","question":"If I invest an amount less than $5,000 fiscal year 2016 and the remainder to meet $5,000 in 2017, is that investment cumulative? Or in order to receive said package ($5,000 package) you must invest $5,000 in one instance?","author_name":"Jordan Wolfe","votes":0,"created_at":"2016-12-07T03:45:07Z","canonical_url":"https://wefunder.com/bloomery#question-6918","answers":[{"id":6936,"entity_id":"wefunder:comment:6936","answer":"Hi Jordan, it's cumulative, so both times will count toward the individual perk package : )","author_name":"Linda Losey","votes":0,"created_at":"2016-12-07T18:29:58Z"}]},{"id":6861,"entity_id":"wefunder:comment:6861","question":"I recently bought some shares from you and haven't received any emails from you give us the ok or not. We are local and really enjoy your product and the atmosphere of your present location. So if you could and the time to send and email we would love it thank you","author_name":"Robert Barnhart","votes":0,"created_at":"2016-12-04T16:29:03Z","canonical_url":"https://wefunder.com/bloomery#question-6861","answers":[{"id":6873,"entity_id":"wefunder:comment:6873","answer":"Hi Robert. I receive a downloaded excel spreadsheet every five days or so, and send out an email to all of our recent purchasers. From that I send out a thank you as well as a link to a private Facebook group for all of our investors. We are coming up on the five days, so watch your inbox. And thank you for both visiting us, supporting us locally AND believing in us enough to purchase shares!","author_name":"Linda Losey","votes":0,"created_at":"2016-12-05T03:06:24Z"}]},{"id":6854,"entity_id":"wefunder:comment:6854","question":"You mention you plan to basically have two rounds here on Wefunder, or at least two different withdrawals of the cash raised. Will there be different terms for the units sold on the second round?","author_name":"Robert Talts","votes":0,"created_at":"2016-12-04T03:50:05Z","canonical_url":"https://wefunder.com/bloomery#question-6854","answers":[{"id":6872,"entity_id":"wefunder:comment:6872","answer":"Hi Robert, the rounds will be on the same terms as the entire offering. Per the SEC we have a year to raise a million under a REG CF, and we are allowed two closes for the offering. These rounds are under the Form C that was filed for the offering--so all of the terms are the same for both rounds.","author_name":"Linda Losey","votes":0,"created_at":"2016-12-05T03:02:26Z"}]},{"id":6711,"entity_id":"wefunder:comment:6711","question":"I would like to invest but I have hit my 2k limit for startup investing for 12 months. In nine months though I will be able to invest another 700 in a company so I hope to see that as stated below in your comments you all will still be accepting funding on the same terms. Thank you and good luck. P.S. what is the alcohol content is in each bottle?","author_name":"Robert Talts","votes":0,"created_at":"2016-11-27T02:04:12Z","canonical_url":"https://wefunder.com/bloomery#question-6711","answers":[{"id":6717,"entity_id":"wefunder:comment:6717","answer":"Hi Robert thanks for your interest! Depending on when we hit our milestones will determine how long the round will remain open. I'm not sure when that will be, but we do have until October 16, 2017 to raise $1M. So keep an eye out on the raise--I may also follow us on this site to receive updates, which may help too. As to the alcohol content of each bottle, the ABV varies by batch and flavor. Basically they run close to 40° +/-, the outliers are our Hard Lemonade at 8° and our Black Walnut at 70°. Good luck with your investments and we hope to see you in 9 months!","author_name":"Linda Losey","votes":1,"created_at":"2016-11-27T17:32:15Z"}]},{"id":6687,"entity_id":"wefunder:comment:6687","question":"Just a really quick question as I love a lot of what I see here and read through the other Q\u0026amp;As. You mention these are \"Units\". Do you mean shares? or does a unit actually have other aspects to it? Sometimes Units are used to describe a share with a warrant etc. Just want to make sure I have definition of Unit down correctly. I looked all over before asking but could not find the answer. Thanks for you help!","author_name":"Martin Adamo","votes":0,"created_at":"2016-11-24T16:34:14Z","canonical_url":"https://wefunder.com/bloomery#question-6687","answers":[{"id":6716,"entity_id":"wefunder:comment:6716","answer":"Hi Martin, glad to help. We are an LLC so as such we don't have shares, per se, like a corporation, but rather \"units.\" As an LLC you would become a member of the LLC, rather than a stockholder of a corporation, and would hold \"units\" of the LLC. A unit is similar in nature to the term share of a corporation.","author_name":"Linda Losey","votes":0,"created_at":"2016-11-27T17:24:55Z"}]},{"id":6662,"entity_id":"wefunder:comment:6662","question":"Russell via an email asks: What is your deadline for raising the minimum? Answer: We have until October 16, 2017 to close the fundraise. We are hoping to do that in two stages. The first being in January 2017 once of course we at least reach the $70,000 minimum, which I feel pretty confident we'll attain in the next week or two, then whatever else is achieved through January or February of 2017. Then we'll close the next round sometime on or before October 16, 2017.","author_name":"Linda Losey","votes":0,"created_at":"2016-11-23T18:17:54Z","canonical_url":"https://wefunder.com/bloomery#question-6662","answers":[]},{"id":6602,"entity_id":"wefunder:comment:6602","question":"Hi goodafternoon I have a question I have invested in bloomery its been five 6business days since then but the amount that invested has not yet been withdrawn from my account how much longer would it take for you guys to recieve it? Thanks!.","author_name":"Vilma/Miguel Perez/Gonzalez","votes":0,"created_at":"2016-11-21T20:56:15Z","canonical_url":"https://wefunder.com/bloomery#question-6602","answers":[{"id":6635,"entity_id":"wefunder:comment:6635","answer":"Hi Vilma and Miguel, I forwarded your question to WeFunder and this is their response: Hi Linda, Thanks for your email. We have not yet charged this user’s account for their $300 investment. We will do so soon. It is currently pending. They can see the status of their investment in their investment’s page: www.wefunder.com/my_investments Nothing needs to be done on their part, we just have not attempted the charge yet, and have quite a few payments to process so appreciate their patience. Best, Jiwon","author_name":"Linda Losey","votes":0,"created_at":"2016-11-22T17:40:25Z"}]},{"id":6467,"entity_id":"wefunder:comment:6467","question":"Hi good morning, quick question can me and my wife create a joint investment within your company?","author_name":"Vilma/Miguel Perez/Gonzalez","votes":0,"created_at":"2016-11-11T14:36:28Z","canonical_url":"https://wefunder.com/bloomery#question-6467","answers":[{"id":6480,"entity_id":"wefunder:comment:6480","answer":"Hi, I asked WeFunder for an answer as this question has to do with their site and how they accept and manage the investment. This is how they replied : ( \"Unfortunately at the moment we are unable to accept joint investments and can only accept one name on the investment! Sorry we cannot be more helpful in this case but let us know if you have any other questions (hello@wefunder.com)\"","author_name":"Linda Losey","votes":0,"created_at":"2016-11-11T19:53:44Z"}]},{"id":6466,"entity_id":"wefunder:comment:6466","question":"Your income statement for 17-18 shows no interest for the line(s) of credit yet the balance sheet states that you will carry a balance of $250,000+ on the line of credit. 1) What is the reason for this discrepancy as it would turn the small income in 17 to a loss? 2)The cash from the line of credit also appears to make up a significant portion of the current assets total for both 17 and 18, is this an accurate statement? 3) To me it seems that y'all are walking a tightrope concerning the level of debt on the company, are there plans to pay that down more quickly than minimum payments? Thanks for your time.","author_name":"Jeremy Schmidt","votes":0,"created_at":"2016-11-11T10:37:06Z","canonical_url":"https://wefunder.com/bloomery#question-6466","answers":[{"id":6482,"entity_id":"wefunder:comment:6482","answer":"Hi Jeremy. As to question (1) We carry on our Profit and Loss Statements one line item for interest on all of our loans through United. When I made the projections through the computer worksheet I split the interest into two categories Commercial Loan and Mortgage and did not split it out into a third line, the line of credit line on the income statement worksheet. The interest for all of the loans are on the Income Statement, as either loan or mortgage. (2) The ending cash for years '17 and '18 is above the line of credit line, so your statement is not accurate. The ending cash comes from our sales in the tasting room and from our revenue through distributors, less the cash outflows. (3) You are correct in that we are walking a tightrope regarding our cash flow and balancing debt, as we are not at break-even yet. We anticipate hitting break-even in 2017, and look forward to becoming profitable once break-even has been achieved. Once that has been achieved we certainly anticipate paying down our debt as money comes in.","author_name":"Linda Losey","votes":0,"created_at":"2016-11-11T20:35:47Z"}]},{"id":6464,"entity_id":"wefunder:comment:6464","question":"Everything looks great. Love your artwork. (1) Can I buy your product in Kentucky, California or New York. (2) Why did you switch to WeFunder from StartEngine. The StartEngine portal is hard to use from what I have experienced.","author_name":"Jim West","votes":0,"created_at":"2016-11-11T04:17:24Z","canonical_url":"https://wefunder.com/bloomery#question-6464","answers":[{"id":6479,"entity_id":"wefunder:comment:6479","answer":"Hi Jim, the artwork is award-winning, so thanks for noticing and the kudos! As to your questions....We are working on getting distribution outside of the northeast, so we are not in California or Kentucky yet, but we are in NY. You can view the locations of the stores in NY at www.http://bloomerysweetshine.com/where-to-buy-ny/ As to WeFunder vs. StartEngine: On May 16, 2016 we were the first company in America to launch a Regulation Crowdfunding Campaign and, yes, we were with StartEngine. There was no history with a Reg CF prior to our launch; we learned a lot, as I'm sure StartEngine did. When we decided to relaunch a new campaign, we looked at all of the players out there, and WeFunder, by every measure, was the most successful with how they launched and helped grow a campaign. So this time around we opted to take a chance on WeFunder.","author_name":"Linda Losey","votes":0,"created_at":"2016-11-11T19:51:01Z"}]},{"id":6281,"entity_id":"wefunder:comment:6281","question":"Is there a link to the financial data, P\u0026amp;L, etc?","author_name":"David B. Schmier","votes":0,"created_at":"2016-10-29T13:36:46Z","canonical_url":"https://wefunder.com/bloomery#question-6281","answers":[{"id":6285,"entity_id":"wefunder:comment:6285","answer":"Sure, scroll below to the black part of the site under \"Other Disclosures,\" and you'll see a link to the Form C, press on that and it will take you to the official filing along with the business plan.","author_name":"Linda Losey","votes":0,"created_at":"2016-10-29T18:16:08Z"}]}],"faq":[{"question":"Are your products shelf stable?","answer":"Yes, they are. We even have some open bottles that are four years old, and still taste good. Although, we recommend that they don't sit on your shelves for four years. We call that alcohol abuse, as most of our products are consumed within 20 minutes of purchase :)"},{"question":"So is this a purchasing of shares which pay dividends later if the company makes profits","answer":"Hi Luke--Yes, you have the general idea subject to differences in terminology. Technically, the securities offered are units of membership interests in a limited liability company (LLC) that entitle their owners to distributions – as opposed to shares of stock in a corporation that entitle their owners to dividends. But, the concept is the same - the holders of the securities will be paid distributions if the Distillery makes profits that are distributed to the Company (versus retained by Dis..."},{"question":"If I was to invest in your company, how would I see my investment grow? What steps are you taking to assure your investors they will be able to reap the rewards of investing in Bloomery? I know that it will be difficult to give out dividends, until the business becomes profita...","answer":"Thanks for the great questions. In general, our Form C (available via the link in the “Other Disclosures” section below) should answer most of your questions. But, we’ll provide some additional comments to each question here. Question 1 – If I was to invest in your company, how would I see my investment grow? Answer 1 – The value of your investment should of course increase as the value of the Company increases – and that will primarily result from increased revenues and achieving profitabili..."},{"question":"So if I am reading this correctly, you want to raise up to $1,000,000 and you have valued your business at $2,000,000. So your selling up to a 50% stake in the company. You have valued the shares at $10 per share and the min investment is $100. So each $100 investor is owning ...","answer":"Thanks for the question. You are readings things correctly to some extent – but possibly off on a few points. The $2M valuation (which was arbitrarily determined and is not based on book value, a professional appraisal, etc.) is the value of the Company before raising funds through the Offering. Any funds raised would be expected to increase the value of the Company. The Company, with the $2M valuation, is what is currently owned by the Class A Members, who collectively own 200,000 Units of C..."},{"question":"Is there a link to the financial data, P\u0026amp;L, etc?","answer":"Sure, scroll below to the black part of the site under \"Other Disclosures,\" and you'll see a link to the Form C, press on that and it will take you to the official filing along with the business plan."}]}}}