In May of 2017, Epec Holdings, Inc (owner of James FC Hyde Sorgho Whiskey) entered into a binding letter of intent to acquire 100% of Jersey Artisan Distilling ("JAD").  When discussing our 2018 goals on our Startengine offering page, we stated, "Our first goal is to complete the acquisition of Jersey Artisan Distilling, thereby uniting the James FC Hyde Sorgho Brand with the distillery that is producing it and seamlessly integrating and gaining control of a critical vendor and strategic asset."

In an important interim milestone, Epec has acquired approximately 30% of JAD.  By doing so, Epec acquires certain legal authority to navigate the difficult and complex federal and state regulatory process (alcohol being a "controlled substance").  By acquiring authority to navigate the regulatory labyrinth, Epec anticipates it can acquire the remaining 70% of JAD within 45 days, to complete the acquisition.

In addition, by adding a 30% equity interest in JAD, to Epec Holding's material equity interest in Delta BioRenewables - the Memphis based sorghum operation - Epec has completed  the "from farm to table" integrated supply chain.  Sorghum seeds going in the ground in Memphis, with bottles of James FC Hyde Sorgho Whiskey produced in Fairfield, NJ.

About Epec Holdings, Inc is a vertically integrated holding company.  Owning material equity stakes in sorghum operation - Delta BioRenewables of Memphis Tennessee; James FC Hyde Sorgho Whiskey's distiller - Jersey Artisan Distilling of Fairfield NJ; and wholly owned subsidiaries Epic Spirits - owner of James FC Hyde(R) Sorgho Whiskey brand, and The Sorgho Alliance - owner of the registered trademark Sorgho Whiskey(R).