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discover certificates of WorldCom stock, of Sirius stock and of numerous other
now-defunct shares that were traded during the roaring, heady days of the
telecom bubble. It is important to note that most of the more recent telecom
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will likely enjoy rich investment returns.
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Item # 184 - Price $129.95
$4.95 Shipping
This stock certificate was issued and is "not canclelled". Notice the very low certificate number.
Red Bell Brewing Company (Red Bell) produced ten styles of beer year round, marketed under distinct brand names. The Company's flagship brands were Philadelphia Original Lager and Philadelphia Traditional Irish Amber. The Company's other principal products included Philadelphia Black & Tan, Red Bell Cherry Stout, Philadelphia Original Light, Lemon Hill Wheat, American Pale Ale, Red Bell Heffe-Weizen, Ahopalypse Now (IPA), and Wee Heavy Scottish Ale. Red Bell marketed its handcrafted ales and lagers through a third party independent distribution network. The Company sold beer in cases and kegs on a wholesale basis.
Red Bell's objective was to operate and continue to open in the future high profile, strategically located brew pub locations featuring its own beer as well as to increase awareness for case and keg beer sales to wholesale distributors. For the nine months ended 9/30/01, revenues fell 40% to $226 thousand. Net loss applicable to Common totaled $3.6 million, up from $1.3 million. Results reflect the decreased sales, and a $2 million impairment loss.
Effective January 1, 2002, the company's brewery license was not renewed because they did not obtain the required tax clearance certificates from the Commonwealth of Pennsylvania taxing authorities because they owe taxes to the Commonwealth in the approximate amount of $80,000. As a result, they have not brewed beer at their main brewery or sold beer since that date.
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