Lost Spirits Distillery, Inc.

Las Vegas Expansion Coming Into Focus Despite COVID.

Published on Jul 10, 2020

Dear Shareholders, 

It's been about 4 months since, with your help, Lost Spirits soared past WeFunders record for the most oversubscribed Reg CF offering EVER!!!

At that time we were generating a good amount of revenue from our Los Angeles tour operations, bottle production was at an all time high, and we were in late stage negotiations to expand into Las Vegas.  

COVID certainly took some of the wind out of our sails.  We were forced to temporarily pause our Los Angeles operations (which remain closed - for now) and COVID cost the company precious expansion capital. 

COVID aside, we are pressing forward with our expansion plans at full speed.  The current designs, feature submarines, holograms, daiquiris, and 3 NEW products developed in the renown Lost Spirits lab.

In summary:  

We operate in some of the sectors hardest hit by the COVID-19 crisis (fine dining, tourism, public gatherings, etc.).  And we have been unquestionably affected by it.  At this time, we are working diligently not only to survive, but also to expand during the shut down.  While we cannot ever guarantee success, we can say that we are working as hard as ever to make it through this and grow Lost Spirits for all our shareholders.   

Sincerely, 

Bryan Davis

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