Author Topic: Buying the Pabst Brewing Company  (Read 2749 times)

Offline narcout

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Re: Buying the Pabst Brewing Company
« Reply #1 on: December 14, 2009, 08:35:24 PM »
Maybe I should talk to Augie Pabst and get the real recipe and start a real revival.

Offline rep

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Re: Buying the Pabst Brewing Company
« Reply #2 on: December 14, 2009, 09:19:15 PM »
Maybe I should talk to Augie Pabst and get the real recipe and start a real revival.

I think the states Stewardship program acquired a piece of an old Pabst property up your way.  Am I correct on that?
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Offline The Professor

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Re: Buying the Pabst Brewing Company
« Reply #3 on: December 14, 2009, 09:40:26 PM »
Maybe I should talk to Augie Pabst and get the real recipe and start a real revival.

Yeah...and bring back Pabst Bock.  'Twas one of my favorites 40 years ago in my college years.
Roasty, delicious, perfect for my even then quirky image  (I never drank 'normal' beer) ...and it was priced right.
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Offline a10t2

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Re: Buying the Pabst Brewing Company
« Reply #4 on: December 14, 2009, 10:08:10 PM »
perfect for my even then quirky image  (I never drank 'normal' beer) ...and it was priced right.

Funny, that's why hipsters drink PBR now.
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Offline scottyb

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Re: Buying the Pabst Brewing Company
« Reply #5 on: December 15, 2009, 04:28:00 AM »
Your bell bottoms will come back in style one day too.
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Offline majorvices

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Re: Buying the Pabst Brewing Company
« Reply #6 on: December 16, 2009, 06:42:50 AM »
So, who is really getting all that money??? That has to be a fantastic scam, if it works. A fool and his money ....  ;)
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Offline nicneufeld

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Re: Buying the Pabst Brewing Company
« Reply #7 on: December 16, 2009, 07:30:32 AM »
So, who is really getting all that money??? That has to be a fantastic scam, if it works. A fool and his money ....  ;)

My first impression too, I admit...

Offline tygo

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Re: Buying the Pabst Brewing Company
« Reply #8 on: December 16, 2009, 08:00:09 AM »
Yeah, I thought that the benefits promised (other than a token amount of beer) where a little vague.  Even if it's not a complete scam what does "ownership certificate" mean?  You get a certificate they printed off from their computer saying, "Congratulations, you are the proud owner of 0.0000017% of the Pabst Brewery!"
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Offline narcout

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Re: Buying the Pabst Brewing Company
« Reply #9 on: December 16, 2009, 11:32:12 AM »
So, who is really getting all that money??? That has to be a fantastic scam, if it works. A fool and his money ....  ;)

I don't think it's a scam, but it is interesting that there is no mention of whether holding an "ownership certificate" entitles one to a share of the profits interest.

I'm not a securities lawyer, and it's an extremely complicated area of the law, but my guess would be that they are trying to avoid having this pledge drive qualify as the offering of a security subject to regulation by the SEC.

If they actually reach the $300 million goal and attempt to collect the money (notice they are not actually asking for any money at this point), I think they would have to register the offering with the SEC (unless they qualify for one of the exemptions) and provide each potential investor with a qualifying prospectus which would contain all of the relevant information which the website is obviously lacking.

Of couse anyone who is really interested in becoming the part owner of a brewing company can simply buy stock in any of the ones that are publicly traded...

boulderbrewer

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Re: Buying the Pabst Brewing Company
« Reply #10 on: December 18, 2009, 09:51:06 PM »
Maybe I should talk to Augie Pabst and get the real recipe and start a real revival.

I think the states Stewardship program acquired a piece of an old Pabst property up your way.  Am I correct on that?

Not sure, I have not seen it in the paper, but you never know around here it takes alot of time to see what is going around here. Augies property was not a long time held property by the family.

Offline The Professor

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Re: Buying the Pabst Brewing Company
« Reply #11 on: December 18, 2009, 11:01:43 PM »
Your bell bottoms will come back in style one day too.
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AL
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boulderbrewer

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Re: Buying the Pabst Brewing Company
« Reply #12 on: December 20, 2009, 07:39:01 PM »
Your bell bottoms will come back in style one day too.

I hope they do and the ones with vertical red, white and blue strips. :o