*Inside the new 80 foot long 20,000 Leagues Under the Seas Rum Tasting room Lost Spirits - Las Vegas, Nevada
Safe Harbor Statement
The information in this presentation is the confidential property of Lost Spirits Distillery LLC (the “company”) and includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. There can be no guarantees with respect to the development and marketing of company products and services, or that they will prove to be commercially successful. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements.
The Light at the End of the Tunnel
Dear Fellow Shareholders,
Despite all the problems caused by Covid-19, we are pleased to report that Lost Spirits has nearly completed its massive, 35,000 square foot, expansion project in Las Vegas.
With a projected opening date in May, Lost Spirits Las Vegas is expected to host more guests next quarter than in Lost Spirits entire operating history (since 2010).
The massive expansion project will position the company as a global leader in the experience economy. We also project that it will bring in over 30 million dollars in annual revenue, providing Lost Spirits with the resources to expand both its bottle business and tour business for years to come.
Sincerely,
Bryan Davis
Co-Founder & CEO
Las Vegas
Key Milestones
- Building Shell & Core 100% Complete & Inspected
- Interior “TI” Construction over 70% Complete
- City & State Permits Issued (allowing a 3,000 guest occupancy rating)
- Federal Distillery License Issued
- Zoning & Land Use Entitlements Granted
Covid-19 Outlook
Las Vegas:
Lost Spirits Las Vegas will open with a Covid adjusted 50% occupancy limit (1,500 guests), more than sufficient for the 400 guests & staff needed to meet our financial projections.
The regulatory climate, and successful vaccination program in Las Vegas make it unlikely that we will see further regulatory restrictions here.
The AREA15 entertainment complex, where Lost Spirits Las Vegas is located, is already seeing days with over 10,000 visitors and attendance is growing rapidly.
Los Angeles:
Lost Spirits Los Angeles, is currently operational for bottle production only. The production team are presently filling all Pre-Covid back orders.
We do not know when Los Angeles will reopen for tours. The orange tier regulations do not allow sufficient capacity in the facility to accommodate both staff and tour guests.
As the year progresses, we anticipate using the factory in Los Angeles to grow our wholesale bottle business while we wait for new regulatory regimes to permit us to restart tours.
NOTE: The current California ”Blueprint for a Safer Economy” does not provide a mechanism for some business types (including Lost Spirits) to ever return to normal. The forthcoming “green tier” will indicate which restrictions will remain after the pandemic ends. It is possible that we may not ever be permitted to return to operations in California as they existed pre-pandemic.
2nd Las Vegas Expansion Deal in the Works!
Lost Spirits is presently negotiating with AREA15 to further expand Lost Spirits footprint in Las Vegas.
The proposed project would take Lost Spirits Las Vegas to well over 100,000 square feet and projected annual revenue in excess of $100 million dollars.
Regulation D Stock Offering
The current Reg D stock offering remains open on WeFunder.com as we push to complete Las Vegas.
As of today $1,059,692 of the $2,000,000 offering has been sold to accredited investors.
If you are interested in investing in Lost Spirits, now is an excellent time to do so. You would be helping us complete the expansion project, and increase bottle production, while benefiting from "pandemic" deal terms.
Stock Transfer Notices:
Rancho Berry Inc. is requesting to transfer 8197 shares to Brent Kelsey.
Ranch Berry Inc. is requesting to transfer 8197 shares to FelixMonasakanian.
Bryan Davis is requesting to transfer 81,968 shares to Distillery Investments, LLC.