

While the risks and uncertainties described below are not the only ones the Company faces, they do represent those risks and uncertainties the Company believes are material to the Company’s business, operating results, prospects, and financial condition. As a result, these risks can cause the value of the Company, and therefore, the shares, to decline and could cause the total or partial loss of the investor’s investment in the shares. The risks discussed below can adversely affect the Company’s business, operating results, prospects, and financial condition. A prospective investor should carefully consider the following risk factors in conjunction with the other information provided by the Company before purchasing any shares. Risk Factors:Īn investment in the shares involves significant risks and uncertainties. Initially to supply the wholesale market, but also to supply the new bigger better Los Angeles entertainment facility. During 2022, we plan to reopen the LA factory and start making whisky again. The company was able to hold onto it's leases and liquor licenses. Yet, somehow, we are still here and we are still growing. A 15 month forced closure is a death sentence for almost any business. Lost Spirits also owns an extraordinary entertainment trademark portfolio (USA only) including:ĬOVID was a painful experience for us. United States, China, Japan, Australia, Israel, Mexico, India, and Canada The technology attracted millions of dollars in investments from major players in the distilled spirits industry.Įarly prototype of the laboratory reactors. In 2015, Lost Spirits was the first and only company to prove that it was possible to create the effects of advanced age in spirits (in a laboratory). The Company's foundation rests on the spirits maturation technology invented by Co-Founder / CEO Bryan Davis. A Valuable Intellectual Property Portfolio With LA shut down by government order for 15 straight months, our core team aggressively designed & built the new bigger Las Vegas operation. However, we are nothing if not resilient. Shortly thereafter we were shut down due to local COVID-19 measures. By Q4 we were back to sold out every weekend. By Q3 of the same year, sales were setting new records. During the rebuild, the tour was optimized to allow more people to enjoy it. In January 2019 Lost Spirits was shut down after a fire started in one of the tasting rooms. With all those funds we will build never ending worlds to explore. The expansion will help us take Lost Spirits to our target $30 million dollars in annual revenue (not guaranteed). Including jazz clubs & cigar lounges, and near limitless space for acrobats, performers, and the human / animal hybrids to roam. Moreau concept in ways no one will see coming. The park will build off the original Island of Dr. In 2022, we plan to reopen & reimagine lost Spirits Los Angeles. It's commonly described as "The Disneyland of liquor" and "Willy Wonka's Booze Factory." What's next: Return to Los Angeles. Our Las Vegas distillery is set deep in a dreamy carnival surrounded by a 20,000 Leagues Under the Sea experience. Our patented technology allows us to recreate the effect of 20 years of barrel ageing in a laboratory to make award winning whisky, rum, and brandy, and we've built the distillery experience to showcase our spirits and technology. Lost Spirits in a harmonious coexistence of science, art, entertainment, whisk(e)y, and rum. The distillery now incorporates a dazzling and whimsical show with everything from snake charmers & acrobats to victorian chapels and submarines. During the COVID lockdown we built a new bigger operation in Las Vegas. One that combined our love for experiential entertainment with our love of science, and fine spirits. In 2017 we opened a new kind of distillery concept. Bottles regularly went into the hundreds and sometimes thousands of dollars each at auction. From 2010 - 2017 Lost Spirits was a top 5 craft distillery with a fiercely loyal cult following.
