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loan will bear interest at 9.25% and carry a commitment fee of 2.5%..... Nice cheap rate LOL
Sold 25% of the whiskey stock for 1.5 Mill
CONTINUED SALE OF ASSETS !!! to pay ??? Bonus and settlements ???
The Ship is sinking faster
sold 798 barrels of whiskey for $1.5 million
remaining inventory of 2,391 barrels of various types
Phone number still works, but answering machine goes into a loop to nowhere...
Just like management... Ha Ha HA
Try Harder .50 is in sight !!!
$2,611,822.71. They sold a total of 1,431,911 shares worth more than ,,,
In the last twelve months, Eastside Distilling insiders bought shares 1 times. They purchased a total of 20,000 shares worth more than $35,800.00. In the last twelve months, insiders at the sold shares 5 times. They sold a total of 1,431,911 shares worth more than $2,611,822.71. The most recent insider tranaction occured on December, 20th when Director Eric J Finnsson sold 522 shares worth more than $887.40. Insiders at Eastside Distilling own 5.9 % of the company.
https://www.insidertrades.com/eastside-distilling-inc-stock/elizabeth-ann-levy-navarro/
almost all the original group is gone, now bean counters, and ...
well let's just say not the "best people" in my opinion....
Nice to see the warrants UNDERWATER
Management if you can call them that have proven to be Less than
of befit to shareholders.
Sub $2.00 by Dec ???
$EAST: Ganja Tequila
Need it
GO $EAST
Yep, releasing the rest of my Feb. shares tomorrow...
excellent run.
conversion price of $2.20 per share, and (b) warrants to purchase up to 900,000 shares of common stock at an exercise price equal to $2.65 per share
To approve an amendment to the Company’s articles of incorporation to increase the number of authorized shares of the Company’s common stock, par value $0.0001 per share, from 15,000,000 to 35,000,000, which we refer to as the “Charter Amendment Proposal”;
4. To approve a proposal, which we refer to as the “Anti-Dilution Approval Proposal,” to approve the anti-dilution protection provisions included in (a) Three Million Three Hundred Thousand Dollars ($3,300,000) of principal amount of six percent (6%) secured convertible promissory notes of the Company, which notes are convertible into shares of common stock, pursuant to the terms and conditions set forth in the notes with an initial conversion price of $2.20 per share, and (b) warrants to purchase up to 900,000 shares of common stock at an exercise price equal to $2.65 per share issued in connection with the Company’s entry into a securities purchase agreement with accredited investors for their purchase of the Notes and Warrants for gross proceeds of $3.3 million;
$EAST Chart looking strong here.
https://twitter.com/QuabbinR/status/1419347373705281545?s=20
Anyone else waiting to get in on their former Master Distiller, Melissa "Mel" Heims's deal ?
The former key person in the company In My Opinion...
https://www.bignosekate.co/
Too bad this co went from promising co. to a POS self serving ,,,
Opened this week for the booze...
https://www.eastsidedistilling.com/
I wonder what their actual cost was in the deal they are selling,
is it actually a loss or a gain, adding up the years of losses and
loans outstanding ....
anyone do the math >???
Yeah if not less because of the report that came out
But i think they are wrong because i my self just found out of the wiskey last year and others I've gotten it for also like it so it will continue to grow
Redneck Rivera is what i can get in Michigan I'm going to make a order for all the others and have them send to my Florida house the website won't allow shipping to Michigan
Yeah trying to find it locally cant
Hue Hue Rum.
Is delicioux on the rocks.
Yeah what i like is because of the contract with Publix i can get me wiskey in Florida when there for winter and get it at Walmart in Michigan with 20,000 shares when I head to Oregon going to head by HQ
Now it's primed to buy again
Cool idea! - COFFEE RUM COCKTAILS - WHAT’S FOR BRUNCH (PLUS, A MENU!)
https://www.eastsidedistilling.com/blog/2020/8/10/coffee-rum-cocktails-whats-for-brunch
Made from sugarcane and its byproducts, like molasses, rum has been making cocktails better, and pirate life worth singing about well before it’s first historical mention in 1654. Spanning cultures and countries, rum’s versatility and appeal make it the perfect foundation for your favorite rum cocktails, straight up, or chilled with a couple ice cubes.
But take rum and add cold-brewed coffee, and now we’re talking about everyone’s favorite late morning meal (is it a late breakfast or early lunch?) None other than brunch. So, what does a brunch menu featuring coffee rum cocktails look like? Read on to find out.
huehuecoffeerum
Nothing can put a smile on your face like Hue-Hue.
https://www.instagram.com/p/CDb_DmSlM34/?utm_source=ig_embed
Haha yeah if was a flipper! $EAST
$EAST grabbing some here, should run soon!!!
We should merge with (wvvi) both based same state and with both selling teams and both products served each other locations we could do great things
Yeah with the major sell off time to buy more I'm planning on moving to Oregon buy more when i apply for job better chance if you own a ton
It beat the street yeah
They are going to mess with the share structure.
They have in the past several times.
It is 100% clear they are at it again
3. Amendment to Articles of Incorporation.
The amendment to Eastside’s articles of incorporation to increase the number of authorized shares of Eastside’s Common Stock from 15,000,000 to 50,000,000 was not approved per the votes cast as follows:
Votes For Votes Against Abstentions
4,914,668 2,327,832 99,027
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Eastside Distilling, Inc. (NASDAQ: EAST) has been producing high-quality, award-winning craft spirits in Portland, Oregon, since 2008. The Company is distinguished by its highly decorated product lineup that includes Azuñia Tequilas, Burnside Whiskeys, Hue-Hue Coffee Rum, and Portland Potato Vodkas. All Eastside spirits are crafted from natural ingredients for quality and taste. Eastside's Craft Canning + Bottling subsidiary is one of the Northwest's leading independent ready-to-drink canners.
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