hedge_fun
3日前
Have you noticed Tony doesn't say APRU.......
brews craft beers through their subsidiary, Lena Brewing?
Apple Rush Company, Inc. (OTCpink:APRU), a leading supplier in the functional botanical beverage industry, is excited to announce the completion of phase two at our Lena Brewery.
About The Apple Rush Company, Inc.
The Apple Rush Company, Inc., through its subsidiary APRU, LLC, is a distributor ofCPGproducts under the trademarked Apple Rush brand, Element brand and other labels. The Apple Rush brand has more than 50 years of existence in the natural beverage industry. As a historical leader in the organic and natural beverage sector our goal is tonowbecomealeader in the distribution of anhydrous hemp oil products nationwide. For more information, please go towww.aprubrands.com, www.element-brands.com, elementk.kratomwave.store with our expanded product portfolio.
grantastic
4日前
I'm talking about Lena Brewery, as a standalone business.
A brand new restaurant/pub should repay its initial capital loans in about 7 years, if it's moderately successful. If it's only sorta-successful, it might pay off half the loans in 7 years and take another 5 for the 2nd half.
If Lena *still* owes $2m to the bank, even after operating for > 10 years, that means it's probably somewhere near breakeven. And what's the point of anyone killing themselves running a breakeven restaurant perpetually stuck $2m in debt?
Ergo, it makes sense for Lena owners to be desperate to bail out for whatever they can get.
Wasn’t it over $2MM in two notes? Going by……
memory here.
The fins are clear as mud, but I seem to recall about a 20% profit margin, but then there’s administrative costs, but is that Tony’s deferred salary and other things that have nothing to do with Lena? That put APRU at a loss.
grantastic
6日前
The financials already claim that "Lena Brewing Company, LLC" is a subsidiary, i.e., 100% ownership.
Even if this LLC were non-fictional, and even if Tony admitted that his disclosures have been lying for years about the 100% ownership, it seems unlikely that Tony is going to change his stripes and be honest with whatever % he names.
if you can't trust the %, and you can't trust the public disclosures, is there any way to really "establish a true value"?
shareholders knowing percentage ownership of Lena Brewing would help in establishing a true value.
hedge_fun
1週前
APRU isn’t qualified to own a brewery in…….
Illinois.
Their registration has been REVOKED for over a decade. That means they have no legal standing, they can’t open a checking account, and they can’t obtain insurance.
Further, the beneficial ownership of APRU is clear as mud thanks to Tony. The Preferred B shares cancel out the A shares, yet both claim majority ownership. Read the Designations.
Tony says Lena is a subsidiary of APRU, but if you read the filing carefully he says it’s a LLC. Lena is a corporation not a LLC. He obviously thinks shareholders are too stupid to figure that out.
As far as the licenses go, Ross can still use the licenses he has that includes the names of the former owners until renewal in September. A new license is required only if someone purchases 5% or more of Lena.
GL
trading.jeff
1週前
I entered a question into Perplexity AI and, indeed, I received an answer that Apple Rush owns Lena Brewing. However, upon clicking on the numbered footnotes, it looks like all they do is cull PRs from various sites. I only asked one question, whether Apple Rush owns Lena Brewing; didn't ask others.
$APRU
hedge_fun
1週前
I appreciate the effort. If/when I see……
Apple Rush with an “active” status with the Illinois SOS I will know an acquisition can move forward and would likely take a position.
At that point Tony, along with any other beneficial owner of APRU, they must apply with the Illinois ABC for a license. In the case of Lena they have two, an on premise consumption license and a brewer’s license.
After the state issues the licenses there will be a hearing agenda posted with the Village of Lena followed by an actual hearing APPROVING the sale of the brewery.
All this can be observed basically in real time and if/when I see it taking place I will tout the every living crap out of this thing and make bank.
The issue here is Tony created a corporate mess back in 2014 and it has yet to be resolved.
It would seem that whoever owns the A shares would want to cooperate with Tony so everyone could make bank, but Tony pissed off the wrong people.
To put it another way, Tony lacks control of APRU and the corporate mess has yet to be resolved. Until it is this is a pipe dream.
You may get a promo group here and get a short term pop, but that’s about it.
I’m surprised Tony keeps pretending things are moving forward. His reputation is toast.
Also, APRU doesn’t own the trucking company. That too was bullshit.
Catpole
1週前
Hedge, AI is an interesting tool. You ask a question, and you get an overview of what it discovers. The answers are nothing more than the discovery of which can be true or false. I only wrote the responses I was given to my questions. There is no link to forward to you.
As you point out, there is no current record in Illinois of APRU. Only Lena Brewing.
The one question I continue to try and find out is the percent of ownership that APRU has of Lena Brewing. The AI answer is that Ross Vehmeier owns 37.63 and APRU owns the rest. That does match what was in previous filings for the Ross ownership. As far as the other five previous listed owners the answer I got was ownership changed by use of cash, non-convertible debt and preferred shares. It was called asset purchase consolidation.
Again, I am only reporting what I found by searching Perplexity AI. No actual filing, no confirmation by the State of Illinois and, no liquor license for APRU.
The mystery of APRU ownership remains until we actually see the filings.
Catpole
1週前
Are you aware of how AI works? If so, down load Perplexity. I use it for all my searches. Google is no longer needed. Ask questions about APRU and Lena Brewing, about Ross and his ownership, about the asset purchase agreement, about what assets were included in transaction, about other ownership of Lena Brewing. The more you ask the more you find out. It even gives you additional items you may want to know.
No BS here! Just disclosing what I found. Please do the same. If this information is correct the PPS is way undervalued.
hedge_fun
1週前
Bullshit. There was no public notice and……
hearing on the matter.
https://www.villageoflena.com/government/meeting-agendas-and-minutes/
There has been no new licenses issued.
Is someone looking to dump?
Is someone going to respond with, thanks CP, great to know? Thanks for the DD, blah, blah, blah?
But please, tell us the source of your (mis)information. It should be hilarious!!!
TIA
Happy Friday!