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New Low of the year !
Management continues to do a stellar job...
Day's Range 0.4800 - 0.5000
52 Week Range 0.4800 - 3.1700
Volume 98,598
Avg. Volume 92,859
INVESTOR RELATIONS
non working number from their website (503) 542-7420
Reverse SPLIT - Get Ready, they did it before,
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard.
On June 3, 2022, Eastside Distilling received a deficiency letter from the Listing Qualifications Department (the “Staff”) of
the Nasdaq Stock Market (“Nasdaq”) notifying Eastside Distilling that, for the preceding 30 consecutive business days, the closing bid
price for Eastside Distilling’s Common Stock was below the minimum $1.00 per share requirement for continued inclusion on The
Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”).
The notification has no immediate effect on Eastside Distilling’s Nasdaq listing. In accordance with Nasdaq rules, Eastside
Distilling has been provided a period of 180 calendar days, or until November 30, 2022 (the “Compliance Date”), to regain compliance
with the Bid Price Requirement. If, at any time before the Compliance Date, the closing bid price for the Common Stock is at least
$1.00 for a minimum of 10 consecutive business days, the Staff will provide Eastside Distilling written confirmation of compliance
with the Bid Price Requirement.
If Eastside Distilling does not regain compliance with the Bid Price Requirement by the Compliance Date and is not eligible
for an additional compliance period at that time, the Staff will provide written notification to Eastside Distilling that the Common
Stock will be subject to delisting. At that time, Eastside Distilling may appeal the Staff’s delisting determination to a Nasdaq Hearings
Panel.
Eastside Distilling intends to monitor the closing bid price of the Common Stock and will consider available options if the
Common Stock does not trade at a level likely to result in the Company regaining compliance with the Bid Price Requirement by the
Compliance Date.
Read #7
https://www.m2compliance.com/hosting/company/EAST/link_files/2022/07-05-2022/Form4(07-05-2022)EastsideDistilling(1)/Form4.pdf
5. These securities are held directly by Stephanie A. Kilkenny, Trustee of the Stephanie A. Kilkenny Trust. The inclusion of these securities in this report shall not be deemed an admission that the Reporting Person is the
beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
6. These securities are held directly by Patrick J. Kilkenny, Trustee of the Patrick J. Kilkenny Revocable Trust. Mr. Kilkenny is the spouse of the Reporting Person. The inclusion of these securities in this report shall not
be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
7. The Warrants were acquired from the Issuer by TQLA, LLC in consideration of the purchase by TQLA, LLC of a promissory note in the principal amount of $3,000,000. The Reporting Person, together with her
spouse, owns and controls TQLA, LLC. The inclusion of these securities in this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 of
the Securities Exchange Act of 1934, as amended, or for any other purpose
MEET THE TEAM
GEOFFREY GWIN
INTERIM CHIEF EXECUTIVE OFFICER & CHIEF FINANCIAL OFFICER
AMY LANCER
CHIEF COMMERCIAL OFFICER OF SPIRITS
AMY BRASSARD
CORPORATE AFFAIRS DIRECTOR & CORPORATE SECRETARY
HEATHER WHYTE
VICE PRESIDENT OF HUMAN RESOURCES
JOE IBRAHIM
DIRECTOR OF SPIRITS OPERATIONS
BOARD OF DIRECTORS
ERIC FINNSSON (AUDIT COMMITTEE CHAIR)
ROBERT GRAMMEN (NOMINATION AND CORPORATE GOVERNANCE COMMITTE CHAIR)
STEPHANIE KILKENNY
ELIZABETH LEVY-NAVARRO (CHAIRMAN AND COMPENSATION COMMITTEE CHAIR)
JOSEPH GIANSANTE
AUGUST 03, 2021 last time their investor page was updated on the website.
Maybe they could trade some Rum to a web company to keep it current. LOL
06/30/2022 DIRECTORS & employee shares distributed
https://www.m2compliance.com/hosting/company/EAST/filings.html
Worth a look....
0.6000-0.0029 (-0.48%) 0.5700 -0.03 (-5.00%)After hours: 06:45PM EDT
Want a GOOD LAUGH ? Read this
https://ih.advfn.com/stock-market/NASDAQ/eastside-distilling-EAST/stock-news/88208531/proxy-statement-definitive-def-14a
Paul Block 2021 350,000 - 200,000 (1) - 550,000
Chief Executive Officer, Director (From July 1, 2020 Until February 1, 2022)
$500,000 a year to run the company into the ground ... but he quit
Day's Range 0.6435 - 0.7190
52 Week Range 0.6435 - 4.8300
$4.83 high, nice to see value supported so well by a fine management team
They should hire some third graders to run the company, any bets on who would do a better job ?
loan will bear interest at 9.25% and carry a commitment fee of 2.5%..... Nice cheap rate LOL
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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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