Founded in 2013, Thumb Butte Distillery’s mission is to stake a claim in the American small-batch distilling business in historic Arizona by making vodka, gin, rye whiskey, single malt whiskey, bourbon, and dark rum. It handcrafts award-winning small-batch spirits in its hometown of Prescott, Arizona and intends to continue the western American tradition of creating spirits from locally grown grains, herbs, and fruits. Thumb Butte spirits are distributed statewide in Arizona, and the company is seeking to expand its distribution footprint to more states including Nevada, Wyoming, Illinois, California, and New York. Bottles can also be purchased at the distillery’s tasting room or directly from the company’s website. [Read More]
Preferred securities are a type of investment that generally offer higher yields than traditional fixed.
February 11, 2019
April 08, 2019
General Marketing: 19% - 8%
R&D: 9% - 5%
Manufacturing: 40% - 33%
Equipment Purchases: 0% -17%
Future Wages: 0% - 17%
Repayment of Debt: 0% - 1%
Repayment of Obligations in Arrears: 0% - 1%
General Working Capital: 32% - 18%
Dana Murdock - Owner and President
Dana is the president and one of the original founders of Thumb Butte Distillery. She is also one of the lead distillers and is actively involved in the company’s day-to-day operations. She personally designs all of the distillery’s gin spirits. Dana’s previous experience includes ceramics, artisan baking, health care analysis, and vocational counseling.
Jim Bacigalupi - Owner and Head Distiller
Jim designs all of the whiskeys, oversees the aging processes, and is one of the founding members of the distillery. He worked as an artist for more than 40 years designing furniture and has worked in the glass and metal craft industries. He helps operate the distillery on a day-to-day basis and oversees every distillation. He is from California and has lived in Arizona for 14 years.
Price Per Share: $4.59
Liquidation Preference: 1x
Conversion Provisions: Convertible into one share of Common (subject to proportional adjustments for stock splits) at any time at the option of the holder.
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