That’s right. Bogus is going public. So if you’ve ever wanted to own a piece of a brewery, now’s your chance.
We tout ourselves as community supported. Well now, we’ll be publicly owned as well. You, my (21+, Idaho resident) friend, can own a brewery. It’s a power to the people approach that fits right in with our ideals. And as one of our owners, you’ll have the inside scoop on what’s coming up in the brewery and have some artistic guidance in the beer we make. We’ll include you in our CSB membership and invite you to Guinea Pig Nights – events where you can beta-test the pilot batches we’re working on and let us know what you think. However, this is not a dividends-in-beer investment. It’s common stock in the company, which comes with voting rights and dividends when (and to the degree) possible. Of course the beer never hurts.
“Wait a minute,” you say, “This is not how the world works!” You’re right. Normally. In a business-as-usual world, there are two ways to get the capital you need to start your company: go to the bank, or find a small number of well-to-do individuals. Neither of those options sounded very, well, Bogus to us, so we found our own way. It’s called the Small Company Offering Registration (SCOR) and is administered by the Idaho Department of Finance. Public ownership is much more our style.
Check out more details of the offering on the Ownership page and we can’t wait to hear from you.