It's perfectly primed. With the taproom opening by the end of July, along with the Brain Bypass 1st place award, they should be set to release a huge filing that brings in the hospitality franchise and an opening date for the taproom, sometime within the next 2-3 weeks, or sooner!
Since the key employees now have a lot of common shares, per the Q1 filing, the deal should happen, at least logically thinking. Forthcoming retail sales and taproom profits should allow them to turn off the dilution spigot for good, in the not-too-distant future!
Then, in about a year, the fed funds rate should be down, bringing construction loan rates down for property development and then they "should" be able to begin the land development on the full size brewery in Grass Valley, CA. using that conventional debt financing.
It's rare to see an OTC play make the transition from dilution financing to conventional debt financing, but if there ever was a reason for it to happen, this play makes sense.
Just my opinion; not investment advice.
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