BRC Inc (BRCC)

[RFB]

Welcome to your new home for the foreseeable future (next two years). Between 7-10 dollars...If they dilute any more adjust accordingly down to 5 dollars....

[RFB]

https://www.cnbc.com/2022/06/27/spacs-wipe-out-half-of-their-value-as-investors-lose-appetite-for-risky-growth-stocks.html

Hafer brought customers and investors along, into one of the worst case scenarious possible, all the while lining his and his inner circles pockets...

Words can not capture the dishonorable actions of all involved...I only hope they truly reap what they sow....especially given they do this under the umbrella of supporting veterans, active duty and first responders.

Pathetic..

[RFB]

The truly disappointing part of all of this....not one word from the company or leadership...nothing. Hafer and the entire inne circle planned the listing and are now walking away, pockets lined, caring nothing about the shareholders, customers and veternans they have harmed through their callous and dishonorable actions.

[Bane]

Have a great day!

[RFB]

"the company I work for employs 680,000 globally who support BRCC."

LMAO

It continues to hit all time lows again, and again, and again....remind me to not have your company support.....as it must be horrific support.

Anyone that deals with BRCC at this point and time is suspect....sleep with the dogs, you get flees.

I have lost any and all repect for anyone that deals with Hafer and the leadership at Black Rifle....period.

You reap what you sow....Hafer and everyone at BRCC is reaping what they have sown....corruption, taint and overall vitrol for anyone outside the company....piss poor leaership. The entire C Suite needs to be replaced...they were great at running a small start up....they are in with the big boys now and getting their arses handed to them due to their own corruption....

[Bane]

You don’t have to explain anything as you and your alleged company will have no impact good or bad on BRCC. The company I work for employs 680,000 globally who support BRCC.

[RFB]

The company I work for has over 60,000 employees globally! (as you can image, countless facilities) I am not going to explain this over and over....in short, I am doing my part to ensure they never deal with BRCC, and doing all I can to make sure I never have to see a Black Rifle product in any of our facilities...

[Bane]

May deal with? You don’t deal with BRCC.

[RFB]

Yes, my EVPs, Directors or in short, the personnel within our company who may deal with these producement matters. It is a global company, as BRCC can not even get out of the box I dont have to worry about international, now do I? Have relayed to our product managers my concerns as it relates to Black Rifle, its business and its activities (perceived or otherwise). They acknowledged by concerns and relayed we do not have any company dealings with them, and added a note to procurement, to contact me about my concerns should they consider any potential deals in the future.

Cheers....thats all of ?s!

[Bane]

Your executives ????????????????????????????????????????????????

[RFB]

There it is....dead cat continuing to fall...waiting for word of more dilution (reverse split as a bonus) or potential bankrauptcy later this year. They are burning cash as quickly as it comes into the company...so disappointed in how corrupt the company turned and so quickly given the past...

Thankfully my company does not deal with them any at this point, have relayed to my executives to not develop any and have asked a couple businesses here in NVa to stop selling thier products, given their questionable business practices...

[RFB]

Dead cat bounce underway, downtrend will pick back up in a day or two....nothing but problems lie ahead for BRCC management, many of their own making...

[RFB]

You might want to do some more research....and stop misleading folks!

Black Rifle has some serious issues and they are only compounded by the current market environment. They are hemorrhaging money and the cost for debt is going through the roof at the moment, especially today as treasuries are spiking hard. I have zero doubt the entire team at BRCC is shatting the bed about right now....they walked in late to the party and now the "growth at all costs" is truly going to eat them alive. I truly would not be surprised to see them stop all growth end of this year and start to contract early next year as they will not be able to take on any more debt at these rates...they are having a come to Jesus moment about right now...guaranteed!

Short term they may dead cat bounce back up to 10.00 on nothing more than speculation, 6-12 months...3-6 dollar range.

BRCC came late to the party and are being guided to the door time now....Total Package 6...OUT

[joseytheoutlawwales]

Buy time

[RocRelease]

Buddy, your epic google skillz lead to the same fake lawsuit threat, just posted on different newswires. The "law firm" posting the legal threat doesnt exist, it is fake. The other one "investigates" just about everyone...frivolous nonsense.

[RFB]

New all time low for the stock! Hell yeah, burn this shit in Hafer and other leaders! You all got your pockets lined, truly stick it to your shareholders and customers....

Talk about being woefully over their heads....

[RFB]

Add another large misstep to Hafer and crew. They had all of the excitement of the IPO, along with a huge infusion of capital and destroyed any and all the momentum with corrupt tactics and horrific management. Now volume and interest has dried up - this will only lead to further declines, selling off of the stock and lower lows heading forward. Forecasts for growth will be slashed (economy will assist with this, and at least give them a scape goat for their pathetic execution) and the security will continue to see lower and lower lows.....get ready for that 52 week low to see update after update....All the while they have lingering lawsuit and insiders as well as retail holder pissed at them for the corrupt warrant action. I truly do not see a silver lining here....could easily see 3-5 dollar range and have to declare bankruptcy later next year due to the crazy burn rate they have going...only other option, completely destroy/dilute the shares and lose complete trust of market. Pinks anyone?

[RFB]

Although executed at wave tops, a pretty good overview. And again, there are multiple investigation by other firms she does not address, hence the google link. Enjoy.

Leadership here has been making mistake after mistake and their recent actions only add to the mistrust by customers and investors, two folks they NEED to survive. Truly scared they are going to collapse under their own weight and destroy any and all value - but given the amount they have paid to all insiders - I honestly do not think Hafer and all the other insiders involved care. It clearly appears they have sold their reputations....I truly hope I am wrong...I do, but the facts as they currently stand show differently...

[RFB]

https://www.google.com/search?q=BRCC+investigations&rlz=1C1CHBF_enUS1008US1008&oq=BRCC+investigations&aqs=chrome..69i57j0i433i512j0i131i433i512l3j0i512j0i131i433i512j0i512l3.7904j0j7&sourceid=chrome&ie=UTF-8

An easy google search will help you out there chief. Not to mention almost all of them have been PRed. Amazing - to actually do research on a company.....

[RocRelease]

Which law firms and where are these alleged law suits? You have them or nah?

[RFB]

Again, this is just one lawsuit filed. There are multiple other law firms looking into the company and potential violations of rules/fiduciary responsibilities. They have failed investors, of this, there is zero doubt. They are below list price as of today and given the backdrop of the current economy, they are not in the best position. The growth at all cost mantra has passed as borrowing costs are going through the roof. They are deeply in debt and not even close to breaking even. In short, they have rewarded insiders unjustly for setting the company up for failure. Will they be able to pull it out, dont know, but all insiders pockets have been lined at the expense of retail holders and customers of the company. Or in even more short order, insiders lack integrity, honor and have sold their reputations for greenbacks....

[RocRelease]

More info on the trash 1791 Management suit. The guy behind it is an actual crazy person. His divorce papers are tragic and he's insane look at this sh*t... https://www.1791managementfacts.com/divorcepapers

[RFB]

Cant speak to this specific one you are hung up on, but there are multiple firms entertaining action against BRCC. Along with this they are diluting heavily and burning cash quick. It appears to be more of a fire sale here versus an actual attempt to run a legitimate company. They have compounding issues and in a hug hole and instead of trying to fill the hole, they are digging deeper. Again, would not be surprised to see 5-7 dollar range here....and if they dont stop digging, even lower...

[RocRelease]

So you agree these suits and the press releases we've seen the past few weeks are BS. Seriously read this https://www.1791managementfacts.com/ It's a buffoonish FUD play. If someone has to use fake press releases and fake law firms to make one's case it's nonsense.

[RFB]

Only problem ROC is there are numerous other companies/firms that have announced investigations and actions on/in the company. Setting all that aside for a moment...they continue to line/execute insider's transactions awarding them countless shares while violating any retail holders past and present with their excessive dilutive actions. Good luck guessing on what the true structure of the company looks like, but it appears the 77 insiders in this filing have countless shares which will result in endless dilution of any potential investor. Seen targets thrown out there which I thought were foolish, but the 5-8 dollar range is easily obtainable with all the ongoing dilution and insider dumping of shares into the market. Truly does appear they went public to get as much value as possible out of it and in the process destroy the overall company/value. In short, a few people get rich while they dump all the debt/worthless shares onto veterans, and retail investors....at least that is what is happening thus far....

Small Company Offering and Sale of Securities Without Registration (d)

[RocRelease]

Bogus Lawsuits Against Black Rifle Coffee & Energy Vault Holdings Appear Fraudulent. Jonathan Wallentine, the petitioner has history of fraud and created a bogus law firm's website based on his grievances against his ex-wife's divorce lawyers. Both lawsuits are trash FUD. Amateur short play. Details here https://www.1791managementfacts.com/
BRCC
NRGV

[RFB]

Lawsuit Filed Against Black Rifle Coffee (NYSE: BRCC): 1791 Management files Stock Market Manipulation and Securities Fraud Lawsuit against BRC Inc.

Does this honestly surprise anyone? With all of the BS they pulled since the IPO, they were begging to have investors challenge them in court. Bottomline for shareholders.... yet another drain on margins that are already evaporating due to inflation and several other factors.

This IPO/company has been nightmare and example of what NOT to do since listing...pure poison at this stage...

5.00 anyone?

[RFB]

Just like so many politicians, took the opportunity to line their own pockets...now they are reaping what they sowed.... distrust, corruption, and a total lack of integrity.

"1791 Management sends letter to Black Rifle Coffee Company (BRCC) demanding they brew up an "action plan" to address serious allegations of Corporate Governance failures and Code of Conduct violations"

https://www.prnewswire.com/news-releases/1791-management-sends-letter-to-black-rifle-coffee-company-brcc-demanding-they-brew-up-an-action-plan-to-address-serious-allegations-of-corporate-governance-failures-and-code-of-conduct-violations-301549388.html

[RFB]

Dead cat bounce, now headed lower again. There is no news/events that give this any footing and with each release it only gets worse, from greedy insiders to disappointing results to more dilution, this IPO truly could not be more of a disaster for all involved....pathetic, only word that describes all of the leadership involved...misstep after misstep...

[RFB]

The Financial Results this morning only add fuel to the investigation and will provide the attorneys with countless ammunition moving forward. (pun intended) Looking at all the financial derivatives and the associated costs. Again, the leadership team here appears to be in over their heads and continue to make misstep after misstep....hard watching a company fail so miserably. You reap what you sow....

[RFB]

INVESTIGATION CONTINUES:
https://www.prnewswire.com/news-releases/on-behalf-of-investors-hittelman-strunk-continues-its-investigation-of-black-rifle-coffees-potential-deception-of-public-shareholders-effective-may-5-2022-insiders-of-black-rifle-coffee-brcc-can-sell-stock-just-one-day-afte-301541430.html?tc=eml_cleartime

[RFB]

And in the latest (and seem to be unending) stupid arse move(s) by insiders and authentic brands they issue/award even more dilutive activities to an inept leadership team that has watched its IPO lose over 66% of its value in recent weeks and is close to 25% under the initial IPO price. Could insiders PLEASE stop with the corruption, greed and stupid arse maneuvering, if nothing more than to save your own reputations. I have no better words than utterly stupid!!!


https://www.bing.com/videos/search?q=tom+cruise+flipping+out+few+good+men&&view=detail&mid=83642BABDD5B65BB7C6083642BABDD5B65BB7C60&&FORM=VDRVSR

[RFB]

Given the ongoing market downturn, the corrupt way they executed the listing/IPO, and the forth coming investigation by the law firm already PRed, would not be surprised to see them go down to single dollar range. They could not have executed a worse listing - and I would argue the board is guilty of failing in its fiduciary duties to the shareholders - opening each and every one to legal action.

You have got to laugh at the complete disregard for shareholders, customers and anyone associated - BRCC lists only to go bankrupt in its first year due to a complete ineptness and greed of leadership involved...someone mentioned Rivian - look at them, they are being destroyed and companies continue to divest of them...BRCC has quickly taken what was a great reputation and destroyed it in just a few short months...give them more time and money and they will completely destroy any and all value.

https://www.cnbc.com/2022/05/09/rivian-stock-plummets-as-ford-plans-to-sell-shares-of-ev-start-up.html

[The Good Doctor]

Good Points! I as well will continue to buy shares and support this company, I truly believe this will bounce in a huge way fairly soon Imo Will See. Thanks!

[joseytheoutlawwales]

It’s just a wild ass guess though.

I added another few hundred shares today between 11.50 and 11.90.

I’m not as angry with the company as some, and I still fully support the company being a consumer and an investor.
In truth, after how they helped my family, I’m RIDE or DIE with Black Rifle.

And literally their AK47 roast is in my mug here at work. Their product is excellent, and they WILL (IMO) be able to cope with increase of scale.

Show me an SPAC that hasn’t been shady as sh1t towards investors following the release. RIVN… ahem. Virgin galactic…. Oh no… and the list goes on and on.

I look at it this way.
I see the value here still being substantial 5-10 years down the road, and buying at $12 I truly believe will get us closer to $50 at some point.

I’ll continue to buy if/as we drop lower.

[The Good Doctor]

Thanks for the response..

[joseytheoutlawwales]

Probably $5-8

[The Good Doctor]

Where's the Bottom on this?

[RFB]

ALCON:
Sent traffic to the law firm to give them some background and join, if nothing more than to give them standing and continue forward. Only lost a couple hundred on one trade here, while making much more on the run up in early April, but if nothing will give them what they need to continue forward...standing. To continue, I will stand side by side with anyone, despite how much these greedy ass lawyers will take/make to ensure that those that attempt to use the uniform and the Services as a front/slogan/gimmick to gain financially all the while mortgaging our reputation as a result and abusing this hard-earned position, to gain personally.
I truly have a disdain for BRCC, its leadership and all those involved in this IPO - while I am just one retiree in the NCR, I will do all I can to ensure their questionable activities and actions are brought to light in the military community and beyond. Have started reaching out to my network and professional affiliations in an attempt to have them sever any ties they may have with them and ensure they do not support BRCC in any future transactions. As well, I have reached out to a few publications in an attempt to have a story published on the most recent activities, which cater to the service community. Lastly, compiling a list of vendors who sell their products and will be asking them to discontinue their affiliation/contracts with the company.

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything." — Albert Einstein

[RFB]

Below is what happens when you mislead investors and a board fails to properly execute its fiduciary responsibilities...this will haunt them for years now with litigation, and why....because BRCC (Silverbox) leadership was greedy and corrupt. As when they wore uniforms...their mission, their job was to protect others, in short, they have failed mission!

BRCC INVESTIGATION ALERT: Hittelman Strunk Announces Investigation into BRC Inc. (BRCC, BRCC-WT) f/k/a SilverBox Engaged Merger Corp I Investors and Encourages Investors with Losses to Inquire About Securities Class Action Investigation
PR Newswire

NEWPORT, Calif., May 4, 2022

NEWPORT, Calif., May 4, 2022 /PRNewswire/ --

WHY:
Hittelman Strunk, a securities firm, announces an investigation of potential securities fraud claims on behalf of shareholders of BRC Inc., f/k/a SilverBox Engaged Merger Corp I (NYSE: BRCC, BRCC-WT) resulting from allegations that BRC Inc. breached their fiduciary duties by prioritizing their own interests when they announced redemption of all outstanding public warrants before properly disclosing the effects of shareholder dilution. People at the company claim that timely public disclosure is not the responsibility of BRC Inc.

SO WHAT:
If you purchased BRC Inc. securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. Hittelman Strunk is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT:
To join the prospective class action, go to https://www.hittelmanstrunk.com/brcc.

WHAT IS THIS ABOUT:

On March 30, 2022, the SEC proposed extensive new SPAC rules that require enhanced and timely dilution disclosure.
a. https://www.sec.gov/rules/proposed/2022/33-11048.pdf
On April 4, 2022, BRC Inc. announced Redemption of all outstanding warrants
a. https://www.yahoo.com/now/brc-inc-announces-redemption-outstanding-200500254.html
On April 19, 2022, BRC Inc. filed an amendment to their public disclosure regarding their redemption announcement.
From April 4, 2022, to April 19, 2022, BRC's stock price fell $10.60 per share, or
-34.48%, to close at $17.68 per share on April 19, 2022, causing significant harm to investors.
As of May 2, 2022, BRC's stock price closed at $13.70; down approximately 60% from its April 11, 2022 closing price of $33.11.
WHY HITTELMAN STRUNK:
We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience and resources. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. Hittelman Strunk represents investors and concentrates its practice in getting justice for investors.

Contact
Hittelman Strunk LLP
https://www.hittelmanstrunk.com/

Cision View original content:https://www.prnewswire.com/news-releases/brcc-investigation-alert-hittelman-strunk-announces-investigation-into-brc-inc-brcc-brcc-wt-fka-silverbox-engaged-merger-corp-i-investors-and-encourages-investors-with-losses-to-inquire-about-securities-class-action-investi-301539234.html

SOURCE Hittelman Strunk

[Bane]

I agree brother. I will buy more at the bottom and ride the wave back up. Sorry about your loss of your house. I live in Canon City…moved there from the Springs. The fire danger is real and hope to get on a fire sale of shares to make some money.

Love the product and get my month delivery of Black Beards delight.

[joseytheoutlawwales]

Respectfully, you kind of have to separate the new public entity post-SPAC, and how prior owners divested shares, from their former entity and involvement and solidarity.

Take a breath and realize they still have an enormous corporate and personal effort into giving back to veterans, LEO, and first responders; as well as the community at large.
I was myself a beneficiary after we lost our home in CO in the wildfires this past December.

They are STILL good people.

What they Chose to do with THEIR shares is of no concern to me. Frankly, after all the work they put in building the company i am actually happy for them to make such a solid paycheck.

I understand your frustration, and hear that you think their honor and loyalty are in question. I respectfully disagree, but we are entitled to different opinions- this entitlement of divergent opinion comes on the back of your service to this country.

Either way, I also hope for a dip to single dollars, as I firmly believe BRCC will be +$50 within 1-2 years.

Buy and hold. iMO

[RFB]

See the greedy arse management team is still reaping what they sowed...would like to see it drop to single dollars...then have them default or pull some other dumbass maneuver and bring down the entire thing...

Truly am ashamed, disappointed and frankly pissed they have their "branding" from my branch of service.

Honor and integrity of all involved went right out the window....with their future reputations.

[RFB]

Has zero to do with retail - The merger terms/structure were shit. The companies/shells involved all took a bite of BRCCs ass and warrants were just part of the crap structure they built in an attempt to please all involved. What they ultimately did was show the larger market the ineptness of the management team and where their priorities ultimately lie. They have little to no interest in seeing this succeed and want their capital now! They threw customers and common under the bus as they ran over them with these antics...The market it pricing/treating them accordingly - I will not be surprised to see it dive further. I used to be a huge advocate for the company...I have cut all ties....

[The Good Doctor]

So I take it the company has been diluting for a while? Maybe to strengthen position in retail? Thoughts.......

[RFB]

Give the management team kudos for the quickest destruction of a name/brand I have seen in some time. They have effectively killed all value and initial momentum from the excitement of the IPO and displayed for any potential investors they have ZERO issues with diluting and killing any future value. Talk about poising your own future for the sake of a short-term gain.

Continuing to reach out to professional network and educate them of the actions of BRCCs leadership team, also ensuring current company has nothing to do with them, now and in the future. They truly imploded on themselves...captured all the companies/individuals involved - just so when the names come up in the future, I know to let my business partners to not only walk away, but run and dont look back!

[RFB]

Bane, this is exactly what I did and made a substantial profit, that is not my concern. My concern is the way all involved executed this merger and subsequent warrants - mainly the timing and resultant pricing action. I would much have preferred to hold the security for at least a year or years and the company to have been honest. It was simply, a bait and switch; it was corrupt, and it was pure greed on all involved. I have contacted the SEC as well and asked them to investigate (all parties/companies involved) given the volatility and the fact we have not seen any insider filings during this time (I honestly expect them to file soon and validate even more so the corruption - we shall see). Do you mean to assume, that insiders did not take advantage of the most recent pricing or positioned previously knowing a manipulative price would be enacted? In short, the entirety of the IPO since inception has been them throwing stinky trash on a fire, it absolutely reeks of corruption and greed. Not to mention it sets shareholders up for future failure given the unprofessional nature of the management's activities.

I will not speak for others, I speak for myself and will do what I feel/know to be right and just, always have...

Thanks back to you...retired out of the building a few years ago and still know quite a few folks in the E-ring...have reached out to a few of them, enlightening them, or more accurately updating them of the most recent activities of BRCC. They used to set up in the concourse just inside the entrance for the busses/metro next to the Bank of America....I am doing all I can to limit their presence in the building moving forward.

Sorry, as a veteran, I will not stand idly by and watch a company that advertises and frankly profits from their veteran status, while speaking out both sides of their mouth. -- We support you, until there are millions involved then we sell out our brothers and sisters without blinking an eye. They have lost all of my respect...I hope they sleep well at night...well not really.

[Bane]

No matter how you feel about the company, you can still make money on the way up and flip out. I wish I would have bought more on the recent bottom. As with any company that goes public it runs and drops with the selling of warrants or shares to secure the IPO.

Honestly your letter to the military retail will fall on deaf ears as they are in it to mark retail sales not make money in the market. It would take a wave of letters such as your to raven start to convince them not to sell BRCC products.

Thank you for your service Brother. Retire in 2015 after 33yrs at the top of the enlisted corps.

[RFB]

My position on BRCCs leadership and this new entity has changed significantly after these most recent activities and corrupt actions on the part of all involved. I would not have an issue with this if they executed actions differently and did not throw the small retail investor and their longtime supporters under the bus of big money. As a commander I always fiercely defended my troops and punished, in accordance with UCMJ, those which violated the trust of the unit and nation.

BRCC leadership violated the trust and confidence of their customers and supporters with their most recent actions.

I used to be large advocate of the company/products, educating my peers in the Pentagon, skydivers at the drop zone and my professional network here in the National Capital Region - now I will be one of their largest opponents.

For my part, I have drafted correspondence to AAFES, MCX, and Navy Exchange Service Command making them aware of the company's questionable actions and their most recent financial activities - while I will not label them as illegal, I will label them as corrupt and in violation of the values we hold as service members, veterans, and patriots.

[joseytheoutlawwales]

Good luck to you as well.

I don’t read into this the severity that you do, in fact I just bought more.
But then again I know several of the owners on a closer level that most.

I will continue to buy and see the value +$50 by 2023.