Crafter Brewer BrewDog Hopes Investors Will Take a Gamble on its Shares
UK craft brewer BrewDog hopes to entice investors, selling shares to the public and offering a way for investors to double their equity.
Is it worth taking a gamble on a UK brewery company that's set its sights on breaking into the U.S. market? Craft brewer BrewDog is expanding in the U.S., and is selling shares of the company directly to the public. Company Founder James Watt explains that in order to entice investors, BrewDog plans to team up with a soon-to-be named casino that will allow investors to try to double their equity in BrewDog by betting at a roulette table. It's a gimic that Watt hopes will enable BrewDog to reach its goal of raising $50 million in the U.S. by February. TheStreet's Rhonda Schaffler has details from Wall Street.
