Getting Close

We are getting very close to our funding needed to start the brewery! We’re currently at $190,000 in the bank and it sounds like a fair amount of additional checks are in the mail. For those of you who don’t know, we’ve got a total amount of $240,000 needed before we can start the brewery. If we don’t reach our target, all the investors get their money back and we think about getting (gasp!) desk jobs. And our deadline is coming up really soon: August 30. It looks like we’re on track to meet our goal, but it’s going to come right down to the wire.

Like to become a community owner yourself? Head over to the Ownership tab or contact Collin for more information. We’re also holding a Q&A type of meeting for prospective investors on August 27th. You can read a little more about it and RSVP here. If you’d like to become an owner, we need to have the paperwork in hand no later than August 28th, so now’s the time!

One of the perks of being an owner is CSB membership for as long as you hold the stock – a free growler fill every month. Just for giggles, I did a not-so-sophisticated return on investment analysis, and growler fills alone have a ten-year payback if you invest the minimum. Now hopefully we’ll be paying dividends before too long, but it’s nice to have some beery returns as well.

It has been quite a wild ride coming right out of the gates with a public offering. And while it’s been a blast, we’re pretty excited to get back to the beer. I’m sure anybody who’s been anywhere near our facebook/twitter pages lately is also excited for us to quit going on and on about fundraising. Among the more beer-related things we’re working on, is finalizing our building layout, brewer’s licensing, construction permits, brewing equipment procurement and hop contracts.

Sorry, FrankenBrew. You’ve been a trusty friend, but your days are numbered.