Question 1

Good stuff, lots to like including the relationship with Southern Glazers, and a reasonable valuation which seems to be an increasingly rare thing these days. Just a few questions: 1. Revenue is quite low after a year (though burn rate is not bad at all). What gives you confid...

Accepted Answer

Hi, thanks for taking the time to research us and ask questions! 1. With 500K we will be able to hire our first sales team, have a serious monthly marketing budget, and release the Bourbon Mule. These three goals will all work in tandem to increase revenue. We see a path to 1,800 cases per month in the state of Ohio alone, which we project as our break even point. 2. Without any marketing the Kroger’s in central Ohio are doing the best. This most likely due to word of mouth and our brick and ...

Question 2

Why are you selling preferred shares? Do you intend to redeem them or allow us to continue to be shareholders for the long run?

Accepted Answer

Hi, thank you for the question! The preferred units that investors are purchasing will receive their share of any distribution of profits up to their original contribution before the founders will receive any distribution from profits. Once investors have their original contribution back any future distributions would be split between all members based on their shares. While nothing is certain in this emerging alcohol sector, we expect it to take several years, or longer, to get to a point wh...

Question 3

Which of the 4 return methods, offered by wefunder, does this investment cover?

Accepted Answer

Hi, I think you're referring to this page when you say "4 return methods". https://help.wefunder.com/returns If so, of the 4 they list this is method that most accurately describes what we are offering: "Stock, Dividends. While a tech startup almost never offers dividends, a later-stage local business - such as a brewery opening a second location - often will. The type of dividend can vary. Some might offer a fixed dividend per share per year. Some might offer a percentage of profits. A commo...

Question 4

I am interested in investing, providing tv airtime throughout Ohio and adjoining states, in return for equity. Can do a large amount of tv airtime. Contact me, please, Rick Freeman, at MAJORMEDIA, 800.339.5751 x1101.

Accepted Answer

Thanks for reaching out. At this time we are only selling equity based on the terms listed here in our Wefunder campaign.

Question 5

It sounds like switching from bottles to cans will yield a significantly higher profit margin in the long term (you mention going from $40/case right now to something more like $24/case). What's your timeline on switching from bottles to cans and what do you expect the immedia...

Accepted Answer

Hi, thanks for the questions! I'd like to lay out all the details of the switch for you. There are many reasons why we feel that cans are a better fit for our products, but here are a few technical reasons why we're doing it. First off, the reason we went with bottles to start was based on the abilities of our co-packer. They installed a high-speed canning line in the spring so they now have the capacity to handle our switch. Second, a weird quirk in liquor law allows our product to go into a...

Rambling House Cocktails

Ready-to-drink cocktails made with the best craft ginger beer in Ohio

$167,725

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Rambling House Cocktails

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$167,725

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