BOONE, N.C., April 14, 2016 (GLOBE NEWSWIRE) -- Appalachian Mountain Brewery, Inc. (OTC:HOPS) (“AMB”) announced today the formation of “We Can So You Can”, a state approved non-profit corporation in the final stages of its 501(c)(3) application.
“We are proud of the Company’s exponential growth since our inception in 2011. In line with our mission to support the revitalization of our communities, mountains and rivers, we are committed to leveraging our growth to the benefit of the communities we serve”, stated CEO of AMB, Sean Spiegelman, adding, “The incubator arm of the foundation will invest in socially driven concepts offering the public an opportunity to invest alongside AMB as we grow existing businesses and help create new companies built on our principles of a shared economy.”
Jeremy Barnes, CFO of AMB commented, “New ventures will circulate funds back into "We Can So You Can" enabling a self-funding mechanism for the long-term sustainability of the foundation. Our focus remains on building long-term shareholder value as we continue to manufacture our award-winning craft beer and ciders within a truly sustainable model.”
About “We Can So You Can”
A mission driven public charity funded in part by AMB and FarmToFlame food truck to support the communities it serves through investment in social-minded businesses engaged primarily in education, agriculture and renewable energy.
For more information please view the “We Can So You Can” film: http://appalachianmountainbrewery.com/wecan
About Appalachian Mountain Brewery, Inc.
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.
For further information:
Website: www.AMB.beer
Facebook: https://www.facebook.com/appalachianmountain.brewery
Awards: www.usopenbeer.com
Sustainability: http://portal.ncdenr.org/web/deao/ncgreentravel-attractionlist
Twitter: https://twitter.com/AMBrewery
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.