AN ALBUQUERQUE BREWERY
HAS A NEW WAY OF ASKING
FOR THE
COMMUNITY'S HELP DURING
THE PANDEMIC... SEEKING
INVESTORS.
NEWS 13'S JACKIE KENT
SPOKE TO THE OWNER --
AND TO A FINANCIAL
EXPERT
ABOUT THESE TYPES OF
OFFERS.
SHE'S LIVE NEAR BROADWAY
AND CESAR CHAVEZ --
JACKIE.
LYSEE... THE OWNER OF
NEXUS BREWERY IS
CHOOSING TO TAKE THIS
ROUTE TO EXPAND ONE OF
THEIR LOCATIONS AT A
TIME WHEN REVENUE IS
DOWN.
Kenneth Carson, Nexus
Brewery Owner: We
probably would've gone
with the bank to do this
expansion but because of
the virus, it kind of
held us back.
NEXUS BREWERY OWNER
KENNETH CARSON...
IS TRYING TO RAISE AT
LEAST 100- THOUSAND
DOLLARS THROUGH THIS
WEBSITE, MAIN-VEST...
YOU CHOOSE THE AMOUNT
YOU WANT TO INVEST AND
YOU'LL GET A
REVENUE SHARING NOTE --
THE BUSINESS AGREES TO
SHARE A PORTION
OF THEIR REVENUE UNTIL
YOU'RE REPAID WITH
INTEREST.
NEXUS' GOAL IS TO EXPAND
THE DINING ROOM BY ABOUT
3-THOUSAND FEET AT
THE NEW SMOKEHOUSE
LOCATION OFF CESAR
CHAVEZ
BEFORE WINTER... SO THAT
DINERS WON'T HAVE TO BE
ON A COLD PATIO.
A LOCAL CHIEF INVESTMENT
OFFICER SAYS WHILE IT'S
IMPORTANT TO
INVEST...
IN THE COMMUNITY AND
CAUSES YOU CARE ABOUT...
YOU SHOULD KNOW THE
RISKS.
Lee Munson, Portfolio
Wealth Advisors Chief
Investment Officer: Only
invest what you never
need
to see again and I would
say that, do your due
diligence and never
invest in a privately
held business
unless you are a fan,
you understand it inside
and out.
LEE MUNSON WITH
PORTFOLIO WEALTH
ADVISORS SAYS POTENTIAL
INVESTORS SHOULD ALWAYS
ASK WHY A BUSINESS
DIDN'T FIRST GO THROUGH
A BANK... OR WHY THEY
COULDN'T GET A BANK
LOAN...
AND SEE IF THE INTEREST
IS TOO GOOD TO BE TRUE,
WHICH HE SAYS IS
ABOUT 8-PERCENT AND UP.
CARSON SAYS HE DOES WANT
TO BE TRANSPARENT ABOUT
THE RISKS
INVOLVED... AND DIDN'T
GO THROUGH THE BANK
BECAUSE HE THOUGHT THIS
WOULD BE A QUICKER WAY
TO GET THE PROJECT UP
AND RUNNING...
HE WOULD STILL NEED THE
CITY TO SIGN OFF ON
CONSTRUCTION
PERMITS.
LYSEE... BACK TO YOU.
OKAY... JACKIE.
IF THEY DON'T REACH
THEIR MONEY TARGET...
CARSON SAYS HE'LL GO
THROUGH THE BANK AND DO
