What seems like a parody to you, seems like a pretty clever hack to me. The novelty of the making a beer pong company seems like the ultimate slap in the face to other public companies worrying about SOX compliance and such. I bet they make a lot of money from people willing to laugh at the idea and support their idea.
Reminds me of the homeless guys whose pitch is something like "I don't want money for food, I just want to buy beer". They expect the honesty to work, but personally, I think that if you want to get wasted on beer, you should get a job. So while the pitch is unique and honest, they aren't getting any of my money.
Yes, it is a pretty clever hack but one that reads like a parody (at least to a lawyer's eye, having read too much of the usual bloat that fills the S1 statements over the years).
By the way, the most priceless detail in the whole thing: SEC registration fee = $0.90 (Item 13).
Comments
What seems like a parody to you, seems like a pretty clever hack to me. The novelty of the making a beer pong company seems like the ultimate slap in the face to other public companies worrying about SOX compliance and such. I bet they make a lot of money from people willing to laugh at the idea and support their idea.
Reminds me of the homeless guys whose pitch is something like "I don't want money for food, I just want to buy beer". They expect the honesty to work, but personally, I think that if you want to get wasted on beer, you should get a job. So while the pitch is unique and honest, they aren't getting any of my money.
Yes, it is a pretty clever hack but one that reads like a parody (at least to a lawyer's eye, having read too much of the usual bloat that fills the S1 statements over the years).
By the way, the most priceless detail in the whole thing: SEC registration fee = $0.90 (Item 13).