Wayfarer's Ale - Thread not started by GRock (See OP)

[GuingesRock]

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[saosborne]

There is no reason to compete. Wolfville could become a big brewing centre for NS if everyone works together. Just like it has done with the wineries.

so true, ever heard of fort collins?

[GasMD30]

but what kind of "community" purposely squats next to an already established company who is already doing that?

personally i think that makes alot of sense. it sure makes brewery tours and tap room sampling alot easier

Yes! Like a distillery district of sorts

[chalmers]

Folks, let's keep the posts in this thread to known facts, or questions looking for information, and not rumours. There's no need to spread untruths or making implications here. We do have a thread for "Rumours and Random Babble", let's keep those types of posts there.

[mcgster]

Did Killacky delete all his posts... man thats sketchy...

[Jimmy]

Did Killacky delete all his posts... man thats sketchy...

I deleted them - he asked me to delete his account and posts.

[mcgster]

Fair enough, they certainly aren't obligated to listen to anyone's opinion on the forum it is just a shame that things went this way. It would have been a great thread if they were interested in our feedback.

[CorneliusAlphonse]

He said their lawyer told them to delete it

[Jimmy]

He said their lawyer told them to delete it

I think that was only a specific portion of one of his posts that he had already deleted - not all of his posts.

[GuingesRock]

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[mumblecrunch]

Did Killacky delete all his posts... man thats sketchy...

I deleted them - he asked me to delete his account and posts.

He also had suggested earlier that his lawyer(s) had advised him that he'd already said more than he's really allowed to.

On one hand he mentioned the amount of regulatory filings and paperwork that were involved in the CEDIF process and yet it seems he's not allowed to share very much (like a business plan). Can anyone who's been involved in another CEDIF comment as to whether this is "normal" for that process? As was stated, by nature this is a high-risk investment (and this was proffered as a reason for that lack of info) but you would think that would lead to more disclosure, not less.

[GuingesRock]

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[AllanMar]

Did Killacky delete all his posts... man thats sketchy...

I deleted them - he asked me to delete his account and posts.

He also had suggested earlier that his lawyer(s) had advised him that he'd already said more than he's really allowed to.

On one hand he mentioned the amount of regulatory filings and paperwork that were involved in the CEDIF process and yet it seems he's not allowed to share very much (like a business plan). Can anyone who's been involved in another CEDIF comment as to whether this is "normal" for that process? As was stated, by nature this is a high-risk investment (and this was proffered as a reason for that lack of info) but you would think that would lead to more disclosure, not less.

I can't say for certain as I'm not a lawyer, but my interpretation would be the laws don't prevent him from disclosing more information. The issue is since they didn't do it in the offering, they have to be careful about how they disclose it and that it is fair. It could be an issue if he said things here that weren't disclosed to other investors, which I suspect is why the lawyers had concerns.

I would have expected more information in the initial offering. The website reads more like "why CEDIF's are great" rather than "why this investment is great"

[Jimmy]

There's a bit more information on the site now. http://www.investwayfarers.com/" onclick="window.open(this.href);return false;

I have to admit, I found the "fly through" of the brewery quite funny. A big huge empty building with what appears to be a fairly small boil kettle and mash tun, no fermenters, brite tanks, or coolers, and a hipster brewer overlooking everything

[GuingesRock]

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[canuck]

Unless I've missed it, I'm still not seeing a single thing on their website regarding actual beers, brewer, etc........just financial fluff. It's like investing in a Technology company without knowing what type of Technology they are actually focused on. Seems very odd to me.

[GuingesRock]

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[canuck]

Unless I've missed it, I'm still not seeing a single thing on their website regarding actual beers, brewer, etc........just financial fluff. It's like investing in a Technology company without knowing what type of Technology they are actually focused on. Seems very odd to me.

Good comment. I don't know how this is all going to pan out. They all enjoy brewing and want to be hands on. They seem to want people who are keen on beer and brewing to be investing in this and to be part of the way it develops. I believe they have turned down large investors who weren't interested in beer and just wanted to invest in a brewery, which speaks against the comment that they are simply business people jumping on a bandwagon. There's talk of a few of them going to the UK to do a course. Whether or not, when the time comes, they will be recruiting a brewer, I don't know. I can't imagine churning out two batches a day without that. They've been working their way through my beers that have done well in competitions, the poolside blonde, the Black Gold stout, and the "three" IPA have been made up there so far and have been very well received. I have a porter, an American wheat, some APAs, a mild, and an English IPA that they haven't brewed yet. They have a couple of their own that they like to brew, a lager and a historic English pale ale, I believe. I helped out a with water chemistry etc. They've visited and consulted with many breweries on the design and layout etc.

There seems to be an idea of a brewing community behind this, rather than simply a business or a factory for producing beer. There's a vision there ...a movement of some kind, a celebration of beer and the way it brings people together, and I think that's something that might actually work. It's an interesting spin, and it will be interesting to see how it all turns out. I've seen it in action on a small scale, everyone is just loving it, drinking beer and being part of making it too, however small that part might be.

This isn't the way it's usually done by any means, there are some fairly revolutionary and imaginative thought processes going on here.

Mark, I've bolded two comments that I find interesting.....or should I say confusing. IMHO, if they were looking for investors that were keen on craft beer they'd actually be talking more about the beer than the financial side of things. Everything starts with the actual beer when starting a brewery (again IMHO). I dunno, everything I've read in this thread and also on their website has ZERO beer information, which I find really odd coming from a business that wants to produce beer. Anyways, just my .02 cents again.

[AllanMar]

I dunno, everything I've read in this thread and also on their website has ZERO beer information, which I find really odd coming from a business that wants to produce beer.

It's a great resource on why CEDIF's are a good investment opportunity though! (just look at the brochure they posted)

The only thing I've gathered from reading the information they've given is that they expect to be successful by having larger capacity than other craft breweries. That's a pretty bold plan for any new business, let alone a craft brewery.

[GuingesRock]

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[AllanMar]

let alone a craft brewery.

Are there any at the moment that have trouble selling their beer? Most are at capacity, often from the start. I think that will change and move towards quality as more breweries are built. That's why I think it will be great that three large new breweries are planned for this area.

Not really, because the ones that have trouble selling their beer fail. Which why being big isn't the best thing to be your main plan for a new business.
The breweries are at capacity because they started a small with a plan for beer rather then being large.

I'm sure Wayfarers sole plan is not just to be big, but they're not doing a good job conveying what the rest of their plan is in anything I've seen. It also seems disappointing with the amount of control (votes) they're offering these investors for the amount of money their looking for. It doesn't really imply their looking for a community, but rather just money from their investors.

[canuck]

let alone a craft brewery.

Are there any at the moment that have trouble selling their beer? Most are at capacity, often from the start. I think that will change and move towards quality as more breweries are built.

I think the old phrase learning to walk before you run applies here though.

[GuingesRock]

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[BobbyOK]

I haven't heard of a brewery that went under, recently, around here. Have there been any? The Heart and Thistle maybe, but that was for other reasons. Where there any and why did they fail please?

John Shippey's - location more than anything. Great for 2 months in the summer, terrible for the rest of the year.

Keltic Brewing in Truro - started too big and too mainstream. Owner seeing $$$ signs and thinking he could re-create Moosehead (where he used to work).

Maritime Brewing Company in Dartmouth - started too big and too mainstream. Owner seeing $$$ signs and thinking he could re-create Moosehead (where he used to work).

Hmm. Those last two seem awfully similar. I wonder why?

Hans Haus in Moncton - sounds like a similar story to Maritime and Keltic, but also the owner thought a central location in Moncton would make distribution across the Maritimes easy. The 3 liquor monopolies had other ideas.

New Scotland in Pictou - not sure the history here.

Only other one I can think of is Highland Classic in Cape Breton, but that may have just been a brand that Keith's or Molson had put out that didn't work.

[GuingesRock]

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