SEC Comment Letter 0000000000-24-013724 to Armed Forces Brewing Company, Inc. (CIK 0001832987)
Armed Forces Brewing Company, Inc. (CIK 0001832987)
Date: Dec. 13, 2024 · CIK: 0001832987 · Accession: 0000000000-24-013724
AI Filing Summary & Sentiment
File numbers found in text: 024-12221
Letter
December 13, 2024 Alan Beal Chief Executive Officer Armed Forces Brewing Company, Inc. 211 W 24th Street Norfolk, VA 23517 Re:Armed Forces Brewing Company, Inc. Post Qualification Amendment No. 5 to Offering Statement on Form 1-A Filed December 12, 2024 File No. 024-12221 Dear Alan Beal: We have reviewed your amended offering statement and have the following comment. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your offering statement and the information you provide in response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our December 9, 2024 letter. Amendment No. 5 to Post Qualification Amendment to Offering Statement on Form 1-A filed December 12, 2024 Audited Consolidated Financial Statements as of December 31, 2023 and 2022, page 128 1.It appears to us that the audited financial statements, which were converted into a text searchable format, are not consistent with the audited financial statements previously presented in Amendment No. 4 to your offering statement. Please revise your offering statement to present the appropriate audited financial statements including the correct earnings per share information and related footnote disclosure in note 10.
December 13, 2024 Page 2 Please contact Dale Welcome at 202-551-3865 or Ernest Greene at 202-551-3733 if you have questions regarding comments on the financial statements and related matters. Please contact Jenny O'Shanick at 202-551-8005 or Erin Purnell at 202-551-3454 with any other questions. Sincerely, Division of Corporation Finance Office of Manufacturing cc:Kendall Almerico
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December 13, 2024
Alan Beal
Chief Executive Officer
Armed Forces Brewing Company, Inc.
211 W 24th Street
Norfolk, VA 23517
Re:Armed Forces Brewing Company, Inc.
Post Qualification Amendment No. 5 to
Offering Statement on Form 1-A
Filed December 12, 2024
File No. 024-12221
Dear Alan Beal:
We have reviewed your amended offering statement and have the following comment.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe a comment applies to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your offering statement and the information you
provide in response to this letter, we may have additional comments. Unless we note
otherwise, any references to prior comments are to comments in our December 9, 2024 letter.
Amendment No. 5 to Post Qualification Amendment to Offering Statement on Form 1-A
filed December 12, 2024
Audited Consolidated Financial Statements as of December 31, 2023 and 2022, page 128
1.It appears to us that the audited financial statements, which were converted into a text
searchable format, are not consistent with the audited financial statements previously
presented in Amendment No. 4 to your offering statement. Please revise your offering
statement to present the appropriate audited financial statements including the correct
earnings per share information and related footnote disclosure in note 10.
December 13, 2024
Page 2
Please contact Dale Welcome at 202-551-3865 or Ernest Greene at 202-551-3733 if
you have questions regarding comments on the financial statements and related
matters. Please contact Jenny O'Shanick at 202-551-8005 or Erin Purnell at 202-551-3454
with any other questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing
cc:Kendall Almerico