Two farming companies owned by Fred and Nancy Cline of Cline Family Cellars have sued the BNSF Railway Company and three of its contractors alleging negligent and illegal use of powerful herbicides that damaged vineyards and orchards near the train tracks. The lawsuit was filed in Contra Costa Superior Court by Mulehead Growers, LLC and […]
WII article prompts Triumph Wine Group to amend SEC filings & web site, but lacks vital state permit to legally make wine
January 17, 2018
Wine Industry Insight’s Jan. 15 article has prompted Triumph Wine Group to quickly amend its Securities and Exchange Commission (SEC) filings and FlashFunders web site. However, an offering statement in English still is not easy to find on that site, and many statements remain incomplete, unverified, or misleading. What’s more, TWG lacks a key state […]
Triumph Wine Group Crowdfunded Financial Offering Marred by Serious Errors, Inadequate Disclosure, Misleading Language, Flawed Business Plan
January 15, 2018
NOTE: Lewis Perdue has decades of experience with public offerings as a journalist (The Street.Com, MarketWatch, Dow-Jones, Wall Street Journal.com) and from personal experience as the CEO of a financial payments start-up (PocketPass) which was acquired by a public company after implementing the first operational mobile payments company. Lew founded, operated and later sold Wines […]
The Triumph code. There actually is an offering statement, but it is deliberately hidden and inaccessible
The absence of an offering statement seemed like the most boneheaded mistake a company could possibly make. As a business founder and someone who has raised funds in a variety of ways including partnerships and as a CEO of a NASDAQ traded public company, transparency, disclosure and the offering statement are fundamental. The lack of […]
Triumph National Sales wines among many processed at three custom crush facilities
Labels for all wines sold must have a Certificate of Label Approval (COLA) from the U.S. Alcohol and Tobacco Tax and Trade Bureau (TTB) These three label approvals for Triumph Cellars wines tell the Bonded Winery Number (BWN) where the grapes were crushed and fermented. TTB COLA – 2017 Approval Chardonnay BWN-CA-21424 TOP IT OFF […]