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Author Topic: New Glarus  (Read 31640 times)

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Offline mr. furley

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Re: New Glarus
« Reply #650 on: July 26, 2021, 11:55:18 AM »
Wild Sour
Black Top
Cran-bic
Hop Hearty
Imperial Stout
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TITS help you hit home runs.

Offline emerge

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Re: New Glarus
« Reply #651 on: July 26, 2021, 12:23:47 PM »
Wild Black Raspberry was my suggestion. Blackcurrant would work too.

Bohemian Lager
Hometown Blonde
Sour Brown Ale
Wild Peach
Eisbock

Wondering how accurate their beer schedule is, does specialty stuff usually hit shops the 1st of the month? Or ship out on the 1st? TIA :popcorn:

Offline thewimperoo

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Re: New Glarus
« Reply #652 on: August 16, 2021, 12:18:22 PM »
Looks like R&D Vintage 2020 was poured from unlabeled bottles at GToM.  Wonder if Vintage 2019 and this one are ever going to get released.
Dan

Offline emerge

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Re: New Glarus
« Reply #653 on: August 16, 2021, 02:08:55 PM »
Looks like R&D Vintage 2020 was poured from unlabeled bottles at GToM.  Wonder if Vintage 2019 and this one are ever going to get released.

It would be really cool if there was a healthy surplus they could just sell year-round from the Beer Depot. No lines, no crowds.

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Re: New Glarus
« Reply #654 on: August 20, 2021, 07:48:13 PM »
Thumbprint Pear 21 is shipping now :excited::cheese:

Offline mr. furley

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Offline emerge

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Re: New Glarus
« Reply #657 on: August 22, 2021, 08:33:42 AM »
So they think because they’re shareholders, they’re entitled to everything and calling the shots on where profits go?

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Re: New Glarus
« Reply #658 on: August 22, 2021, 09:41:02 AM »
So they think because they’re shareholders, they’re entitled to everything and calling the shots on where profits go?

Using their money to start a business without them is fair grounds for a complaint.  These are pretty serious charges:

Quote
The group also alleges a list of claims that pertain to stock transfers:

The owner used Brewery money and resources to set up Deb Carey’s nonprofit family foundation, and changed internal shareholder rules so that shareholders could not donate shares to any charity other than Carey’s.
Carey exempted herself and her daughter from stock transfer restrictions that applied to the other shareholders.
She withheld and manipulated financial and valuation data, and used Brewery money to buy the minority shareholders’ voting shares at low values to retain and bolster Carey’s voting majority.
She pushed new stock transfer restrictions that would not apply to Carey, where the Brewery could buy back minority shares at substantially less than fair market value and less than prices offered by third parties.
She threatened that if the minority shareholders did not agree to the new stock transfer restrictions, or the preferred status of her family foundation, that Carey would arrange to sell her shares to the highest bidder and freeze the minority shareholders out of the sale.

Also, the Wisconsin thing is a total red herring, if she was going to sell her shares to the highest bidder, there's zero chance they were going to stay WI-only.

Offline emerge

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Re: New Glarus
« Reply #659 on: August 23, 2021, 09:40:00 AM »
Let's say you make 100M from your business, your profit share. You have to ask investors in that company if it's ok to start another company with your profits?

Saying it was "meant to be owned by the brewery" just sounds like they're butthurt they're not getting a piece of it, not that the brewery is actually funding it. It's really not clear what (if any) agreement there was here. Maybe they pitched the distillery idea, then decided to take sole ownership.

The other allegations will have to be proven in court, I agree that they're serious if true.

Offline JJ

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Re: New Glarus
« Reply #660 on: August 23, 2021, 09:56:25 AM »
Let's say you make 100M from your business, your profit share. You have to ask investors in that company if it's ok to start another company with your profits?

Saying it was "meant to be owned by the brewery" just sounds like they're butthurt they're not getting a piece of it, not that the brewery is actually funding it. It's really not clear what (if any) agreement there was here. Maybe they pitched the distillery idea, then decided to take sole ownership.

The other allegations will have to be proven in court, I agree that they're serious if true.
Let's say you make 100M from your business, your profit share. You have to ask investors in that company if it's ok to start another company with your profits?

Saying it was "meant to be owned by the brewery" just sounds like they're butthurt they're not getting a piece of it, not that the brewery is actually funding it. It's really not clear what (if any) agreement there was here. Maybe they pitched the distillery idea, then decided to take sole ownership.

The other allegations will have to be proven in court, I agree that they're serious if true.
As long as investors (the Careys included) are being paid their share of dividends what is done with that money is irrelevant. Dan Carey could have invested it in MyPillow stock and nobody could say anything. If the seed money that was intended to be used to fund the distillery was part of the brewery profits meant to be reinvested into the brewery, there may be a case.

Also, all the claims if true, yikes. This does sound like a Deb Carey thing.
The Force is what gives a brewer his power. It's an energy field created by yeast. It surrounds us and penetrates us. It converts polysaccharides to ethyl alcohol.

Offline emerge

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Re: New Glarus
« Reply #661 on: August 23, 2021, 10:11:14 AM »
Also, what lawyer would've advised any of that would be a good idea? Saul Goodman?
Unless it was done secretly. Just wondering aloud what the paper trail looks like here.

Offline JJ

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Re: New Glarus
« Reply #662 on: August 23, 2021, 10:49:10 AM »
Also, what lawyer would've advised any of that would be a good idea? Saul Goodman?
Unless it was done secretly. Just wondering aloud what the paper trail looks like here.
"Look, I know what you're thinkin'. It's too good to be true, right? What if I told you it's not? Sure these other guys will tell you 'You can't do that with our money!' but here's the thing. It's not their money. In fact, is there even any money? I don't think so, pal. All you have here is Cap-i-tal, my friend. Investible capital to do what you want with. Let them raise a stink. I'll keep them so tied up in paperwork you'll be sipping your first vodka before they even finish reading my first round of depositions. Look, I gotta guy that can 'convince' them to see it your way. I give Mike a call and, BAM, you're in business."
The Force is what gives a brewer his power. It's an energy field created by yeast. It surrounds us and penetrates us. It converts polysaccharides to ethyl alcohol.

Offline emerge

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Re: New Glarus
« Reply #663 on: August 23, 2021, 11:57:13 AM »
 :lol: read that in Bob Odenkirk's voice :D

Online howardf

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Re: New Glarus
« Reply #664 on: August 23, 2021, 07:09:14 PM »
Let's say you make 100M from your business, your profit share. You have to ask investors in that company if it's ok to start another company with your profits?

Saying it was "meant to be owned by the brewery" just sounds like they're butthurt they're not getting a piece of it, not that the brewery is actually funding it. It's really not clear what (if any) agreement there was here. Maybe they pitched the distillery idea, then decided to take sole ownership.

The other allegations will have to be proven in court, I agree that they're serious if true.

If it's your money, no.  If it's the business' money, absolutely.  If a company I own shares in funds a new startup, the company, and by extension the shareholders, enjoy the successes of that new business.  If the owner of the company takes his own money to start said business, it's got nothing to do with me.

The separate rights for separate people thing is a solid no-no.  There are companies that have different classes of shares, like Google for instance.  They have old school GOOGL, and they have a second stock ticker GOOG.  The difference is GOOG has no voting rights.  That was stated up front before anyone bought any of the GOOG shares, so they knew what they were getting in to.  You can't retroactively take rights away from people after you've taken their money.
« Last Edit: August 23, 2021, 07:13:32 PM by howardf »

Offline emerge

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Re: New Glarus
« Reply #665 on: August 23, 2021, 11:30:25 PM »
The distilery idea was floated years ago. I’m assuming the Carey’s have enough to startup on their own. Their brewery is 12th largest in the US.

Here is a more recent article with more info:
https://www.wpr.org/node/1840366

Had to laugh at the idea that the investors came up with the idea of the brewery. This is all getting a little too rich. To me it sounds like she’s trying to protect their majority stake, if anything.

Original $25K investment now worth 10M, and they’re the ones suing? :shrug:
« Last Edit: August 23, 2021, 11:32:54 PM by emerge »

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Re: New Glarus
« Reply #666 on: August 24, 2021, 06:34:04 AM »
The distilery idea was floated years ago. I’m assuming the Carey’s have enough to startup on their own. Their brewery is 12th largest in the US.

Here is a more recent article with more info:
https://www.wpr.org/node/1840366

Had to laugh at the idea that the investors came up with the idea of the brewery. This is all getting a little too rich. To me it sounds like she’s trying to protect their majority stake, if anything.

Original $25K investment now worth 10M, and they’re the ones suing? :shrug:

Quote
CEO Says Lawsuit Is Retaliation For Not Laying Off Employees During Pandemic

 <_< <_< <_< <_<

Quote
"I’ve made these people very wealthy and to have lies said is flat out stunning," Deb said.

Wisconsin first, then no handouts, now look how rich I've made these people.  Pure spin.  I didn't realize the investors were from the very beginning, assumed they came along during the huge expansion.  I have a feeling the Carey's are trying to win over the court of public opinion, because actual court is going to go very badly for them.

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Re: New Glarus
« Reply #667 on: August 24, 2021, 09:44:10 AM »
Her claims do seem like spin, each article has her giving entirely different reasons. Maybe just stick with "they're lying" then back it up with evidence in court. Both sides are spinning, from this second article. Next thing they'll be claiming the brewery concept is their IP and come up with a new lawsuit.

I'm just saying it's entirely possible they could fund a distillery without brewery money. All the misconduct claims will have to be proven. There aren't enough details either way to know yet.

Quote
"I’ve made these people very wealthy" Deb said.

This is true though. Nearly a 40K% ROI is a lot. If they had 25K to invest in the early 90's, they were probably already doing ok.
« Last Edit: August 24, 2021, 09:58:01 AM by emerge »

Online howardf

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Re: New Glarus
« Reply #668 on: August 24, 2021, 01:57:07 PM »
Her claims do seem like spin, each article has her giving entirely different reasons. Maybe just stick with "they're lying" then back it up with evidence in court. Both sides are spinning, from this second article. Next thing they'll be claiming the brewery concept is their IP and come up with a new lawsuit.

I'm just saying it's entirely possible they could fund a distillery without brewery money. All the misconduct claims will have to be proven. There aren't enough details either way to know yet.

Quote
"I’ve made these people very wealthy" Deb said.

This is true though. Nearly a 40K% ROI is a lot. If they had 25K to invest in the early 90's, they were probably already doing ok.

That's a two way street though.  Vision and money have to come together, you can't get anything done without both.  So another way to look at it was they empowered her to create the business that has paid off handsomely for everyone involved.

Offline emerge

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Re: New Glarus
« Reply #669 on: August 24, 2021, 02:14:12 PM »
Her claims do seem like spin, each article has her giving entirely different reasons. Maybe just stick with "they're lying" then back it up with evidence in court. Both sides are spinning, from this second article. Next thing they'll be claiming the brewery concept is their IP and come up with a new lawsuit.

I'm just saying it's entirely possible they could fund a distillery without brewery money. All the misconduct claims will have to be proven. There aren't enough details either way to know yet.

Quote
"I’ve made these people very wealthy" Deb said.

This is true though. Nearly a 40K% ROI is a lot. If they had 25K to invest in the early 90's, they were probably already doing ok.

That's a two way street though.  Vision and money have to come together, you can't get anything done without both.  So another way to look at it was they empowered her to create the business that has paid off handsomely for everyone involved.

I agree with you there.

As majority owner/stakeholder, Carey still calls the shots and has veto powers, within legal limits. It sounds like the investors don't have creative or even financial control, they just give feedback and receive dividends. Just speculating though, i'm not sure how NG is structured, and this isn't my area of expertise. This lawsuit seems like a retaliation to me, but maybe there was misconduct, who knows. I don't really want to speculate further, but I wouldn't be surprised if there's a lot more to this story.

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Re: New Glarus
« Reply #670 on: August 25, 2021, 11:01:26 AM »
Woodmans Kenosha had a huge stack of Scream IIPA, looks like that got delivered ahead of the Pear 21 in SE WI. Didn't know it was fresh, otherwise I would've grabbed some. :shrug:

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Re: New Glarus
« Reply #671 on: September 16, 2021, 10:31:19 PM »
https://m.facebook.com/story.php?story_fbid=10159494535573700&id=46662743699&m_entstream_source=feed_mobile

6 pks of a Dan Carey double decoction Dopplebock for $9 hitting the shelves soon.  :banned: x infinity
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Re: New Glarus
« Reply #672 on: September 17, 2021, 03:32:38 AM »
 :banned: :thumbup:

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Re: New Glarus
« Reply #673 on: October 09, 2021, 10:35:27 PM »
Gyrator is great.  :banned::rock: Pear 21 sucks. :yuck:

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Re: New Glarus
« Reply #674 on: October 21, 2021, 03:00:40 PM »
New Glarus is open again! They have 3 R&D's in the Beer Depot!

...and they're only open M-F 10-5. :thumbdown:

Offline wisconsinbeer1

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Re: New Glarus
« Reply #675 on: October 21, 2021, 03:11:08 PM »
New Glarus is open again! They have 3 R&D's in the Beer Depot!

...and they're only open M-F 10-5. :thumbdown:

ISO!!!!!
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Offline Swabs

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Re: New Glarus
« Reply #676 on: October 21, 2021, 06:17:34 PM »
Gyrator is great.  :banned::rock: Pear 21 sucks. :yuck:

 :( I just was give 2 Pear 21s
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Re: New Glarus
« Reply #677 on: October 21, 2021, 08:56:34 PM »
Gyrator is great.  :banned::rock: Pear 21 sucks. :yuck:

 :( I just was give 2 Pear 21s

Some friend  :hot:

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Re: New Glarus
« Reply #678 on: October 24, 2021, 03:04:24 AM »
Gyrator is great.  :banned::rock: Pear 21 sucks. :yuck:

 :( I just was give 2 Pear 21s

Some friend  :hot:

I thought it was decent at Great Taste, unless I had something different..  :shrug:
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Re: New Glarus
« Reply #679 on: October 24, 2021, 11:13:35 PM »
Gyrator is great.  :banned::rock: Pear 21 sucks. :yuck:

 :( I just was give 2 Pear 21s

Some friend  :hot:

I thought it was decent at Great Taste, unless I had something different..  :shrug:

Was it sickly sweet? They have been sweetening and pasteurizing their Thumbprint sour beers for the last few years, not really sure why. Mass appeal I guess. 4-5 disappointments in a row now.
« Last Edit: October 25, 2021, 11:24:59 AM by emerge »

Offline heckmanm

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Re: New Glarus
« Reply #680 on: October 25, 2021, 08:27:28 PM »
Gyrator is great.  :banned::rock: Pear 21 sucks. :yuck:
Friend of mine was in 'scansin over the weekend and brought me a sixer of Gyrator.  Meeting up Thursday.
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Re: New Glarus
« Reply #681 on: October 25, 2021, 09:57:14 PM »
Gyrator is great.  :banned::rock: Pear 21 sucks. :yuck:
Friend of mine was in 'scansin over the weekend and brought me a sixer of Gyrator.  Meeting up Thursday.

 :banned: :thumbup:

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Re: New Glarus
« Reply #682 on: November 03, 2021, 11:58:12 AM »
Gyrator is great.  :banned::rock: Pear 21 sucks. :yuck:
Friend of mine was in 'scansin over the weekend and brought me a sixer of Gyrator.  Meeting up Thursday.

 :banned: :thumbup:

Had one last night - deeeeeeeeee-lightful  :banned:
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