Sean Spiegelman, AMB CEO, stated “RADIUS has developed a strong reputation for its outreach and advisory work in support of qualified issuers positioning to uplist. We believe the company’s growth will continue to demonstrate our ability to execute our business plan, in conjunction with our expanding awareness initiatives through RADIUS, and this will help AMB ultimately reach and build significant shareholder value. We are currently evaluating when the time will be right to file our Regulation A+ public offering and uplist as a fully reporting A+ filer on the OTCQB or QX marketplace. We have had very healthy discussions with the OTC Markets Group about their requirements for both markets and feel that we are well positioned to move once the timeline is established.”
Justin Kulik, Managing Partner of RADIUS, commented, “From our earliest interviews with management it was apparent the Company was passionate about sustainability and philanthropy as a means to long-term growth. The results have been compelling with revenues and profitability both up this year and significant expansion expected through the Company’s Master Distribution agreement with Craft Brew Alliance. We look forward to strategically widening AMB’s investor audience in parallel with Company growth to ensure a fair long-term valuation of its equity.”
Comprised of two wholly-owned subsidiaries, its craft beer business “Appalachian Mountain Brewery, LLC” is dedicated to making seriously delicious craft beer while focusing its business model on community, sustainability and philanthropy. Winner of numerous medals and awards, the Brewery brews and offers for sale many different craft beers. Its wholly-owned subsidiary “FarmToFlame, LLC” operates a food truck that features a unique wood fired oven in the truck, providing our customers with a casual dining experience that balances innovation and sustainability. Appalachian Mountain Cidery makes a hard cider using third generation locally grown North Carolina apples. Both subsidiaries have received the prestigious official certification by ASAP (Appalachian Sustainable Agriculture Project) for Western North Carolina grown and produced products.
FORWARD LOOKING STATEMENTS
This release contains certain “forward-looking statements” relating to the business of AMB and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “estimates,” “believes,” “anticipates,” “intends,” “expects” and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on AMB’s current expectations and beliefs concerning future developments and their potential effects on AMB. There can be no assurance that future developments affecting AMB will be those anticipated by AMB. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual actions taken or results or performance to be materially different from those expressed or implied by such forward-looking statements. AMB undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.