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Lena’s outstanding loans have nothing to do……
with the licenses or ownership. Read what it says…..geez.
Nothing will be transferred (ownership) until governmental approval, not lender approval, which is ONLY for loan responsibility.
Plus, the poster you are responding to once claimed a APRU wouldn’t even need to apply for a license, which is what the update clearly shows. They must certainly do to acquire ownership of Lena, just as I have explained.
First they are seeking approval for the responsibility of the loan and guarantees to APRU. If/when that is approved they’ll file for a transfer of ownership via a license. I have posted on several occasions where the Commission approved transfer of ownership to a new owner who was applying for a license.
You don’t transfer ownership and then apply as LC claimed several times. It’s simultaneous.
APRU and Lena Brewing will be working with Lena’s lenders for transfer of responsibility of outstanding loan covenants and guarantees to APRU and upon lender approval and transfer, APRU and Lena Brewing will file required paperwork with governmental agencies to transfer ownership of Lena Brewing to Apple Rush Company, Inc. as a wholly owned subsidiary. Operations will be maintained by Ross Vehmeier and the staff at Lena Brewing."
But congrats. It’s good to see Tony might pull it off.
He still needs to get the Illinois registration straightened out and he needs to get beneficial ownership clearly defined in the Articles.
Someone claimed this earlier today as if he.......
was that good legal counsel you referenced.
Here's more requirements for manufacturing food products......
in Illinois.
Federal
Sec. 120.1 Applicability.
(a) Any juice sold as such or used as an ingredient in beverages shall be processed in accordance with the requirements of this part. Juice means the aqueous liquid expressed or extracted from one or more fruits or vegetables, purees of the edible portions of one or more fruits or vegetables, or any concentrates of such liquid or puree. The requirements of this part shall apply to any juice regardless of whether the juice, or any of its ingredients, is or has been shipped in interstate commerce (as defined in section 201(b) of the Federal Food, Drug, and Cosmetic Act, 21 U.S.C. 321(b)).
https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfcfr/CFRSearch.cfm?fr=120.1
State
*If either a LLC or Corporation, list the registered agent on file with the Secretary of State here:
That's on page 2 here. https://dph.illinois.gov/content/dam/soi/en/web/idph/files/idph-fdd-manufactured-food-application-0.pdf
It's all about regulations and collecting taxes bro. Tony has to get the registration issues resolved before APRU can transact business in Illinois. That would include acquiring Lena and/or manufacturing products.
In the meantime, the Texas corporation (APRU) can sell cans and kratom to Mitra or whomever thru the Florida subsidiaries.
Illinois Department Of Revenue (IDOR)
In Illinois, most business are required to be registered and/or licensed by the IDOR. If you plan to hire employees, buy or sell products wholesale or retail, or manufacture goods, you must register with the IDOR.
https://dceo.illinois.gov/smallbizassistance/beginhere/stepbystepguide.html#register
Everyone knows what Tony (the driver) looks……
like.
Destination beach party!!!
#ballsintheair
In the short term, wouldn’t SFRX be…..
bringing up billion$ in treasure?
The AWOL affiliate opined that they wouldn’t be waiting on the permit if they hadn’t already found treasure.
And isn’t that when the whole world is going to find out about SFRX?
$15B would be the largest find in history. If the permit was issued this week, by the end of January we should see proof the tech works as advertised.
But they read Mergers and Acquisitions for Dummies......
so they're good.
What do you think they sell a can for......
since they can't produce the product?
What about kratom?
Amended annual report at TX SOS. Rowdy Brands......
was not listed as a subsidiary but was listed in the earlier report filed in October.
No amendment to the Preferred shares and nothing new at Illinois SOS.
Someone let Alonzo know a change of control.......
needs to be filed with NV. That would include any change to voting rights.
There's nothing filed.....yet.
What happened to call Kyle so he could…..
tell us when the permit was going to be issued?
It was supposed to be mid October, right?
Now, it's "lucky" to even be issued this year?
Shouldn’t we consider what SFRX stated in their SEC filing, which was it may never get issued?
Even though other salvors with vastly greater experience have worked the Juno site over the prior 4 decades, we’re being told that they weren't as smart as Kyle because they didn’t know to look under the worm poop for the treasure.
I recall the AWOL affiliate claiming the other salvors didn’t even know worm poop was there.
What ever happened to his claim the treasure was 5 miles from the ballast pile? Why would someone claim to know where treasure was without knowing if the ship was carrying treasure?
This board is so much fun.
I wonder how the hall monitors are going......
report to Tony who all the mean people are if they're using the ignore feature.
FWIW......I think Tony prolly did present to Publix, but it's a longshot it goes anywhere when they're currently selling about 5 cans a day.
Time will tell.
If they only had a treasure site to scan…….
Imagine using the ignore feature yet responding......
to every post the user makes.
#shortbusheadedtothebeach
If Tony can get that REVOKED status resolved……
in Illinois, it makes it possible.
GL with that.
Back in 2016 or thereabouts, Iconic Brands announced a deal with Christie Brinkley for what was being sold as healthy Champagne. My stalker can feel free to check my posts to verify.
I made some really nice bank on that one. I checked the licensing and everything was in order. I went in pretty large for an OTC ticker and tripled my money.
Tony’s biggest obstacle is the owner(s) of the lost CERT. Maybe he can figure it out.
BTW, some want folks to believe licenses aren’t needed for the alcohol industry.
Or they say, at best, you can purchase and operate an alcohol business and get licensing later. In other words, APRU can acquire Lena, then apply for a license later, which can take several months.
It doesn’t work that way. You must carry Dram Shop Insurance, and a license is required for it to be valid.
Hope it works out for ya.
#dontfeedthebears
#thehallmonitorswillgetmad
You care. You were touting the loan…….and
claimed no restricted shares were for sale.
Explain the 4(2) exemption if they aren’t selling restricted shares.
The lender can’t legally know more than anyone else does.
There wasn’t even a reason to file the 8K. It’s the normal course of business for SFRX.
#morewhitenoise
#spewyourbullshit
SFRX - Additional paid in capital a/o 12/31/21…….$20,714,410
As of 12/31/22……$22,947,138
As of 9/30/23…….$25,431,883
Acknowledgement of Lender. Lender acknowledges that this Agreement may be deemed a “security” as such term is defined under the Securities Act of 1933, as amended (the “Securities Act”), as well as various states’ securities laws and that such Agreement will not be registered under the Securities Act, Chapter 517, Florida Statutes, or any other states’ securities laws on the grounds that the transaction in which this Agreement is issued qualifies for applicable exemptions from the securities registration requirements of such statutes. The exemptions being claimed include, but are not necessarily limited to, those available under Section 4(2) of the Securities Act and Section 517.061(11) Florida Statutes. The reliance by the Borrower upon the exemptions from the securities registration requirements of the federal and state securities laws is predicated in part on the representations of Lender set forth in this Agreement.
SFRX has raised over $2.5MM this year via dilution prior to this agreement, and this is no different.
Section 4(2) exemption.
https://www.sec.gov/Archives/edgar/data/1106213/000119983523000597/sfrx_ex10-1.htm
BTW, a little birdie told me those paid to trash OTC companies often get bonuses for ignores.
Any truth to the rumor of a MLK Day……
2024 closing on Lena?
Or was that manufactured?
Thanks
#lovehittingdatnerve
#youknowallaboutmanufacturingshit
I can hear Willie now……..
You were always on my mind, always on my mind.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173276558
APRU got an extra week this month……
But still not listed on the agenda.
https://drive.google.com/file/d/1Cnk0rzw4_9IBH8PQDcE4CG2LOyD7HaSn/view
#revoked
Everything reminds you that, for some reason......
You have a great day too!
And good luck with the registration.
That's almost as much as that drink......
company you tout brings in daily now. What is it, $37 daily for Q3?
Now that's big money.
Regardless, when SFRX salvages the $15B from under the worm poop, I have an order ready to go.
Kyle said $10 a share was possible with a few more finds.
We'll all be wiping our rear ends with $20 bills bro!
You're such a good fit here.
Aaahhhh, you're so sweet. So, how's the......
registration coming?
Or will they buy and operate the brewery without it?
Don't discourage him. You think he can.....
afford that?
Seriously?
BTW.....how's that registration coming in Illinois?
Revoked is akin to defunct.
You're a good fit here too. Thanks for trolling.
#sendintheclowns
An unknown investor may provide 4 months…….
of funding at the current burn rate.
They’ve already issued over 1B shares this year, and if you think they’ll stop anytime soon…..well.
They need 3 times that money to keep the lights on. They have quite the expenses. Just look at the fins.
Apparently it takes a lot of money not to find treasure. Not even a trinket.
#morewhitenoise
#hotairballoon
S123 is just upset I can’t be bought…….which
is what he wanted to do. All you guys care about is making white noise so you can dump shares. And man does SFRX have a huge OS count. Almost 8.3B. Y’all need buyers, huh?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172552857
Not only did he falsely claim EXPL was listed as defunct, he also suggested NGC and Josh Gates conspired with them.
You mean making less than $40 a day…..,
like this (ahem) business is? That kind of serious money?
I retired from construction. I’ve made enough….I hope. We couldn’t sign a contract with a sub that wasn’t properly registered in their jurisdiction.
To obtain building permits we would need a business license in every city we did a project. TAXES, TAXES, TAXES!
The alcohol industry is by far much more regulated. They want to tax EVERY shot, beer, and glass of wine. TAXES, TAXES, TAXES!
Tony is not currently running a business, he’s a social media figure that tweets as if he is. His followers don’t know any better.
In fairness, the owner of the lost cert has Tony by the short hairs, but Tony is trying to figure out how to remedy the situation. He’s doing good keeping Ross on his side.
In the meantime Tony appears to be selling cans and kratom, which keeps the sheep a bit giddy.
It doesn’t take much.
Your ignore button needs tweaking. You seem to follow my every word, along with your sidekick.
The burn rate is 250K a month while…….
waiting on a permit.
Do the math.
About time for the BOD salaries to be paid. They so earned it.
Results are what impresses me. Touting the share……
price is more up your alley, as well as the AWOL affiliate. You two wouldn’t know anything about results, unless it’s losing over $25MM and never finding a single piece of treasure or positively identifying a wreck. You’re a good fit with SFRX.
You need to re-read my post. I was simply mocking a pumptard of this 24/7 comedy show that claims they have the Industry Leading Recovery Process. That’s too funny.
As far as me leaving, how does that work if I am “allegedly” being paid to post negatively?
I suppose you’re impressed with SFRX waiting for a permit they have said they may never get. I bet it cost a lot of money to pimp out those speed boats, I mean research vessels.
What does the crew do if they need to take a leak?
It’s rhetorical.
Doesn’t that bother the diver gal with the nose ring that is worried about protecting the marine life?
SFRX lost $2,282,411 for 2023 ending 9/30……
They’ll likely burn thru that money by April Fool’s Day, if not before.
Nice spin on the note though. Perhaps if the loan had been project specific, but it’s not. It says they can even repay debt with the funds.
It’s amusing you mentioned EXPL. If I were like the AWOL affiliate I would say, up 200% YTD and up 50% for the day. I thought it never traded, but as we can see, it does.
Regardless, $1MM is peanuts if you’re on pace to lose over $3MM for 2023. And in the salvage industry, it’s doesn’t go far if you don’t know what you’re doing.
But hey, with the right ticker it makes for a good pump for novices.
Outstanding Shares
8,272,291,446
12/08/2023
Maybe the loan will slow dilution for a month or two. But it’s about time to issue shares to the BOD for another year of zip, zero, nada.
Have a great weekend.
Is Lena looking to use the new line......
to produce the RTD for a 3rd party?
And is Tony looking to sell those cans he bought at a fire sale?
Hmmm
Curious wording here.
A Distiller is a person who distills, ferments, brews, makes, mixes, concocts, processes, blends, bottles or fills an original package with any alcoholic liquor. A distiller may make sales and deliveries of alcoholic liquor to distillers, rectifiers, importing distributors, distributors, and non-beverage users and to no other licensees. This includes a manufacturer of wine, but does not include a manufacturer of beer or bottler of wine.
This is near the top of the application. What was that you and others were saying about a registration? Tired of being reminded it's REVOKED, are you?
If so, take it up with Tony.
For ALL of the following license classes, please provide the REQUIRED supporting documentation with this application:
• Registration Statement Whoop there it is
• Copy of Federal Label Approval(s) That's a COLA
https://ilcc.illinois.gov/content/dam/soi/en/web/ilcc/sitecollectiondocuments/manufacturer-application.pdf
I don’t think it’s deception. He may have……
an idea for an RTD. Big whoop, it still has to go thru the TTB in order to sell. That will take a while.
I think it’s more cover for the 18 month SNAG.
Tony reminds me of this guy. One idea after another and that keeps him off focus.
It can’t be put in cans to sell without……
a COLA.
If they’re making whiskey, then Lena will need a distillers license, regardless of who owns Lena.
Let me know if you need anything else.
You mean the posters on ignore?.......lol
A demo could be so easy to give.......
A real police officer could conduct a sobriety and breath test and confirm someone was over the limit. Perhaps have a doctor do bloodwork too.
The subject could drink the Shot, and boom.
Does anyone know if they have done this?
If not, why not?
I think Publix is a longshot, but perhaps.....
they may give a couple of stores a try. Folks were suggesting the meeting will take them nationwide immediately.
We'll see. I wish them well.
As far as the extraction process goes, companies make claims all the time. It's their opinion or (ahem) belief.
A perfect example is SFRX (Kyle Kennedy). The brewery visitor has been touting that stock.
They claim they have the Industry Leading Recovery Process in shipwreck salvage. But they've NEVER found any treasure. They have also only found a partial wreck that a hurricane had made visible when it moved sand off of it. It wasn't their research that led them to the partial wreck. There is not even enough there to ID it.
They also claim they have the only AUV that can detect nonferrous metals like silver and gold. They have claimed for about 4 1/2 years it works. Zip, zero, nada.
Plus, they claimed a few months ago they are developing a device that when you put it in the water can detect a treasure ship within 50 miles.
Companies make bullshit claims all the time.
How has APRU changed the $2B industry? Inquiring minds want to know.
I love that we're being ignored, while they're commenting on our posts.
24/7 comedy.