just to sell candles, then an alcohol license wouldn’t be needed.
YOU GOT ME!!!
Feel better now? You’re brilliant!!!
I’m sure the current ever-declining sales APRU has will make payroll and pay for the expansion of this venture. Makes so much sense.
Why would they keep a profitable brewery that Tony says they will OWN, open? That would be so stupid, right?
Remember, they only need a license if the brewery stays open and they don’t ACQUIRE 5% or more. Ross would not need to list APRU as an owner on the license.
We’ve been over this before. Tony has NEVER presented your theory to the public. It is rather amusing you keep running with it.
Also, they still need to get their REVOKED status resolved to do ANY business in Illinois.
Prior to this acquisition, we had announced a letter of intent to purchase Lena Beverage. We are excited to announce that we have ironed out the details for this transaction and have set a closing date of January 16th to handle all of the current ownership tax implications, corporate structure changes, and potential regulatory requirements. Lena Beverage is a craft brewing operation with licensing for beer, alcohol, and hemp production. These capabilities allow us to be very creative in our future endeavors. Ross Vehmeier will continue to operate Lena and will lead our expansion to additional markets. His hospitality background in running brewing operations, restaurants, hotels, and catering operations is invaluable to our team. Ross’ talents will allow us to do some of the products that we have talked about and committed to in the past, such as Hard Rush. The transaction will be paid for in cash, non-convertible debt, and preferred shares of APRU. This acquisition provides us with the cycle closing capability of our seed to sale initiative. We will also be able to begin producing Apple Rush in our own facilities and not be captive to large volumes per batch.
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