VIP Treatment and 4 invitations to our annual shareholder event*. If The Maximum Offering Is Not Raised, It May Increase The Amount Of Long-Term Debt Or The Amount Of Additional Equity It Needs To Raise. The text on this website is a summary but does not contain all of the terms of our securities offering. The estimated Offering Expenses in this chart include, among other things, legal fees, accounting costs, reproduction expenses, due diligence, marketing, consulting, broker-dealer out-of-pocket expenses, administrative services, technology provider fees, banking fees, other costs of blue sky compliance, and actual out-of-pocket expenses incurred by the Company selling the Shares, but which do not include fees paid to Dalmore or any type of commissions to be paid to any broker-dealer. Although it isn't the small business it once was, Boston Beer still represents a sliver of North American beer consumption. In addition, courts outside the United States are sometimes less willing to protect trade secrets. No person has been authorized to give any information or to make any representations concerning our company other than those contained in our offering circular, and if given or made, such other information or representation must not be relied upon. The Company is permitted to issue preferred stock pursuant to the terms of our Company documents, preferred stock could be issued in series from time to time with such designation, rights, preferences, and limitations as needed to raise capital. Operating expenses for the period from January 1, 2020 to December 31, 2020 were $58,950. The Market For Beer and Craft Beer Was Slowing Prior To The Pandemic. The Shares are being offered and sold by Armed Forces Brewing Company, Inc., a Delaware Corporation (Armed Forces Brewing, we, our or the Company). Potential interruptions at breweries include labor issues, governmental action, quality issues, contractual disputes, machinery failures, operational shutdowns or natural or unavoidable catastrophes. Although the Company believes that our tax estimates will be reasonable: (i) there is no assurance that the final determination of tax audits or tax disputes will not be different from what is reflected in our income tax provisions, expense amounts for non-income based taxes and accruals and (ii) any material differences could have an adverse effect on our financial position and results of operations in the period or periods for which determination is made. Armed Forces Brewing plans to sell its beer in Walmart and HEB grocery stores, which are inTexasandIllinois, this year. Loans. He believes this will be possible once the company has its own brewery with a sales team to bolster the 17 current team members. Your name on our online wall of investors (and later in our physical locations) at the $50,000+ level plus special recognition at each Armed Forces Brewing Company location opened in the future. Calculated by Time-Weighted Return since 2002. Armed Forces Brewing Company is a small, veteran-owned brewery located in San Diego, California. These statements may include words such as may, could, will, should, can have, likely, assume, expect, anticipate, plan, intend, believe, predict, project, estimate, forecast, outlook, potential, or continue, or the negative of these terms, and other comparable terminology and other words and terms of similar meaning in connection with. In addition, courts outside the United States are sometimes less willing to protect trade secrets. If either a third-party facility failed, or the Company's ability to access the Internet was interfered with because of the failure of Internet equipment in general or if the Company becomes subject to malicious attacks of computer intruders, its business and operating results will be materially adversely affected. *Travel and accommodations not included on any perk. I have two uncles who wereMarines, one of which was a Purple Heart recipient, and then I have another uncle and three cousins that went to West Point. To help you understand these efforts, the Company wants to provide you with some information about money laundering and the Companys efforts to help implement the USA Patriot Act. To make great beer, you need a great brewmaster. Investments in Armed Forces Brewing Company begin at $200, at $10 a share and come in different tiers with their own perks. Therefore, should any of these key personnel, management or founders die or become disabled, the Company may not receive sufficient, or any, compensation that would assist with such person's absence. The Shares will be sold only to a person who is not an accredited investor if the aggregate purchase price paid by such person is no more than 10% of the greater of such persons annual income or net worth, not including the value of his primary residence, as calculated under Rule 501 of Regulation D promulgated under Section 4(a)(2) of the Securities Act of 1933, as amended. The Company urges you to carefully consider these matters, and the risk factors described in this Offering Circular, prior to making an investment in its Shares. The names and/or logos of Company brands may be challenged by holders of trademarks who file opposition notices, or otherwise contest, trademark applications by the Company for its brands. INVESTMENT OPPORTUNITY. Some of the advisors, consultants and others to whom the Companys ultimate success may be reliant upon have not signed contracts with the Company and may not ever do so. For the avoidance of doubt, the warrants will not be exercisable more than five years from the qualification date of this Offering pursuant to FINRA Rule 5110(f)(2)(G)(i). Depreciation expenses totaled $723 for the year ended December 31, 2019. There is also uncertainly as to what long-term restrictions or other effects will occur in the alcohol, restaurant and bar industries. The Company discloses important factors that could cause its actual results to differ materially from its expectations under the caption Risk Factors below. America Deserves Great Beer. You should thoroughly read and understand the significance of these restrictions and seek the opinion of your investment advisors before purchasing the Shares being offered. Any holding accounts may be with payment processors and not a regulated banking institution, and thus may have no federal insurance covering said funds unlike if the funds had been deposited into a regulated U.S. bank or similar banking institution or may have federal insurance that is limited to a certain amount of coverage. The Company is required to exercise reasonable care in conducting an inquiry to determine whether any such persons have been subject to such Disqualifying Events and is required to disclose any Disqualifying Events that occurred prior to September 23, 2013 to investors in the Company. Bob is in rare company to be one of a handful of brewers to win the Maryland Governors Cup for Excellence in Craft Beer Brewing. In many cases, the accounting treatment of a particular transaction is specifically dictated by accounting principles generally accepted in the United States, with no need for management's judgment in their application. The Company has based its forward-looking statements on its current expectations about future events. If you are making an investment expecting to own a certain percentage of the Company or expecting each Share to hold a certain amount of value, it is important to realize how the value of those Shares can decrease by actions taken by the Company. Overall, though, Armed Forces Brewing Company seems like a solid investment for those looking to support a good cause and enjoy some delicious beer. The Companys team that is present will hand sign the investors target after the shooting event. Significant judgment is required in determining our provision for income taxes and other tax liabilities. As of the date of this Offering Circular, the Company has one full-time employee. Contact us to find out more information. Unless Extended For Up To Another 365 days or Terminated Earlier By The Issuer. If energy costs increase, there is no guarantee that such costs can be fully passed along through increased prices without affecting the Companys operations. The Company maintains its cash with a major financial institution located in the United States of America, which it believes to be credit worthy. The Company does not anticipate dissolution or liquidation. A Sanctioned Country means a country subject to a sanctions program identified on the list maintained by OFAC and available at www.ustreas.gov/offices/enforcement/ofac/sdn or as otherwise published from time to time. Selling broker-dealers and other persons who may participate in the offering may make additional reasonable inquiries in order to verify an investor's suitability for an investment in the Company. The Companys products also compete generally with other alcoholic beverages. Investors will be subject to substantial risks involved in an investment in the Company, including the risk of losing their entire investment. Armed Forces Brewing Company reserves the right to reject certain names and beer ingredients in their absolute discretion. Income taxes are provided for the tax effects of transactions reporting in the financial statements and consist of taxes currently due plus deferred taxes related primarily to differences between the basis of receivables, inventory, property and equipment, intangible assets, and accrued expenses for financial and income tax reporting. In late 2019, a novel coronavirus (COVID-19) surfaced, reportedly, in Wuhan, China. You can "enlist" by investing $200 to $499, at which point you'll. The majority of our currently outstanding stock is beneficially owned and controlled by a group of insiders, including our employees, directors, executive officers and inside shareholders. TRADING OF CLASS C SHARES WILL NOT BE PERMITTED UNLESS AND SHAREHOLDERS ARE NOTIFIED OTHERWISE BY THE COMPANY, WHICH MAY REQUIRE SHAREHOLDERS TO HOLD THEIR SHARES INDEFINITELY. Forward-looking statements give the Company's current reasonable expectations and projections relating to its financial condition, results of operations, plans, objectives, future performance and business. As of December 31, 2019, the Company had fixed assets of $2,169. Consequently, this is an uncommon growth stock in the alcohol investment world. The Companys Bank Accounts Will Not Be Fully Insured And Escrow or Holding Accounts In Which Investment Funds Will Be Held Pending Clearing By The Broker-Dealer May Not Be Insured In Part Or In Full. When the Company indicates that the Offering will hold a closing and the Investors subscription is to be accepted (either in whole or part), then the Escrow Account shall disburse such Investors subscription proceeds in its possession to the account of the Company. The Companys Chief Executive Officer may be reached at 410-999-4117 or via e-mail to alan@armedforcesbrewingco.com. Furthermore, the effect of certain aspects of the Tax Act on state income tax frameworks is currently unclear, and potential changes to state income tax laws or their interpretation could further increase the Companys income tax expense. Visit the online layout for the full scope of perks and benefits offered. Additionally, this concentration of ownership could discourage or prevent a potential takeover of our Company that might otherwise result in an investor receiving a premium over the market price for its Shares. The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors. Armed Forces Brewing Company, Inc. (A Delaware Corporation) 1420 Catlyn Place Annapolis, MD 21401 410-999-4117 www.ArmedForcesBrewingCo.com 750,000 Shares of Non-Voting Class C Common Stock at $10.00 per Share Minimum Investment: 20 Shares of Non-Voting Class C Common Stock ($200.00) Maximum Offering: $7,500,000.00 Costs may be greater in some locations and may increase as a result of economic or other factors beyond the Companys control, with a resulting material adverse effect on the Companys financial results and on your investment. Armed Forces Brewing Company was created to pay homage to the U.S. Military through its four beer brands that pay tribute to each branch of the Military: Seawolf Brewery (Navy, Coast Guard), Soldier Brewery (Army), Jarhead Brewery (Marines) and Airmen Brewery (Air Force and Space Force). The new standard for nonpublic entities will be effective for fiscal years beginning after December 15, 2020, and interim periods within those fiscal years, and early application is permitted. 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