{"id":1333,"date":"2024-07-11T11:30:22","date_gmt":"2024-07-11T11:30:22","guid":{"rendered":"https:\/\/bossandthebrewer.com\/?post_type=podcast&#038;p=1333"},"modified":"2024-07-11T11:30:35","modified_gmt":"2024-07-11T11:30:35","slug":"batb-129-brewski-beer-baron-close-beer-cartel-sale-buddys-beers-and-sauce-crowdfunds","status":"publish","type":"podcast","link":"https:\/\/bossandthebrewer.com\/index.php\/podcast\/batb-129-brewski-beer-baron-close-beer-cartel-sale-buddys-beers-and-sauce-crowdfunds\/","title":{"rendered":"BatB 129 &#8211; Brewski &amp; Beer Baron Close, Beer Cartel Sale, Buddy&#8217;s Beers and Sauce Crowdfunds"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Boss and the Brewer #129 - Brewski &amp; Beer Baron Close, Beer Cartel Sale, and Sauce Crowdfunds\" width=\"1200\" height=\"900\" src=\"https:\/\/www.youtube.com\/embed\/6HL6pCAy0Xc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>Docket<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Brewski To Close After A Decade Of Beers &#8211; <a href=\"https:\/\/craftypint.com\/news\/3507\/brewski-to-close-after-a-decade-of-beers\">https:\/\/craftypint.com\/news\/3507\/brewski-to-close-after-a-decade-of-beers<\/a>&nbsp;<\/li>\n\n\n\n<li>Just Wines Buys Beer Cartel And Brewquets &#8211; <a href=\"https:\/\/craftypint.com\/news\/3502\/just-wines-buys-beer-cartel-and-brewquets\">https:\/\/craftypint.com\/news\/3502\/just-wines-buys-beer-cartel-and-brewquets<\/a>&nbsp;<\/li>\n\n\n\n<li>Brew Baron Closes &#8211; <a href=\"https:\/\/www.facebook.com\/brewbaronbeerco\/posts\/pfbid0kw3T1EnFTvoxTS2MjfBTWZKP8MB7JZ96McjwCxUu5LWD87YU9hMHCjeV7ikDhDjMl\">https:\/\/www.facebook.com\/brewbaronbeerco\/posts\/pfbid0kw3T1EnFTvoxTS2MjfBTWZKP8MB7JZ96McjwCxUu5LWD87YU9hMHCjeV7ikDhDjMl<\/a>&nbsp;<\/li>\n\n\n\n<li>Buddy Kicks Carbs Not Beers &#8211; <a href=\"https:\/\/www.beerandbrewer.com\/lion-launches-hahn-ultra-zero-carb-with-afl-legend\/\">https:\/\/www.beerandbrewer.com\/lion-launches-hahn-ultra-zero-carb-with-afl-legend\/<\/a>\u00a0<\/li>\n\n\n\n<li>Sauce Brewing Crowdfunding <\/li>\n<\/ol>\n\n\n\n<p><strong>Hendo Reacts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>HR1 &#8211; <a href=\"https:\/\/www.facebook.com\/share\/r\/NWbMYsSfiJ4bzm5f\/?mibextid=qDwCgo\">https:\/\/www.facebook.com\/share\/r\/NWbMYsSfiJ4bzm5f\/?mibextid=qDwCgo<\/a>&nbsp;<\/li>\n\n\n\n<li>HR2 &#8211; Andrew Lange<a href=\"https:\/\/www.instagram.com\/reel\/C9MvGcRM32c\/?igsh=MW1yemgxdzdxdTA2eA==\"> https:\/\/www.instagram.com\/reel\/C9MvGcRM32c\/?igsh=MW1yemgxdzdxdTA2eA==<\/a><\/li>\n\n\n\n<li>HR3 &#8211; Ben Taylor &#8211; <a href=\"https:\/\/www.facebook.com\/groups\/621725869211131\/?multi_permalinks=1247182116665500&amp;hoisted_section_header_type=recently_seen\">https:\/\/www.facebook.com\/groups\/621725869211131\/?multi_permalinks=1247182116665500&amp;hoisted_section_header_type=recently_seen<\/a>&nbsp;&nbsp;<\/li>\n\n\n\n<li>HRF1-1 &#8211;<a href=\"https:\/\/www.instagram.com\/p\/C9KWGpXoFx_\/?igsh=a3luNDVqOXY3MGYz\"> https:\/\/www.instagram.com\/p\/C9KWGpXoFx_\/?igsh=a3luNDVqOXY3MGYz<\/a><\/li>\n\n\n\n<li>HRF1-2 &#8211; <a href=\"https:\/\/x.com\/lnthefade\/status\/1809923519989313964?s=46&amp;t=oDJFFAY9Qk2fXUg5o3sbAw\">https:\/\/x.com\/lnthefade\/status\/1809923519989313964?s=46&amp;t=oDJFFAY9Qk2fXUg5o3sbAw<\/a><\/li>\n<\/ul>\n\n\n\n<p><strong>Insolvency Indicators<\/strong><\/p>\n\n\n\n<p>The 14 potential indicators of insolvency set out in the matter of <strong>ASIC v Plymin<\/strong> are:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Continuing losses<\/strong>: Ongoing financial losses indicate a lack of profitability and cash flow to meet obligations.<\/li>\n\n\n\n<li><strong>Liquidity ratios below 1<\/strong>: Indicates that current liabilities exceed current assets.<\/li>\n\n\n\n<li><strong>Overdue taxes<\/strong>: Unpaid taxes suggest cash flow problems and prioritization of other payments over government obligations.<\/li>\n\n\n\n<li><strong>Poor relationship with present bank<\/strong>: Difficulty in maintaining good terms with banks or financiers.<\/li>\n\n\n\n<li><strong>No access to alternative finance<\/strong>: Inability to secure additional funding from other sources.<\/li>\n\n\n\n<li><strong>Inability to raise further equity capital<\/strong>: Challenges in obtaining additional equity investments.<\/li>\n\n\n\n<li><strong>Suppliers placing the company on cash on delivery (COD) terms<\/strong>: Suppliers demand immediate payment rather than offering credit terms.<\/li>\n\n\n\n<li><strong>Creditors unpaid outside trading terms<\/strong>: Regularly exceeding payment terms agreed with creditors.<\/li>\n\n\n\n<li><strong>Issuing post-dated cheques<\/strong>: Using post-dated cheques to delay payments.<\/li>\n\n\n\n<li><strong>Dishonoured cheques<\/strong>: Cheques issued by the company being dishonoured due to insufficient funds.<\/li>\n\n\n\n<li><strong>Special arrangements with selected creditors<\/strong>: Making unusual payment arrangements with specific creditors to avoid default.<\/li>\n\n\n\n<li><strong>Solicitors&#8217; letters, summons(es), judgments or warrants issued against the company<\/strong>: Legal actions initiated by creditors due to unpaid debts.<\/li>\n\n\n\n<li><strong>Payments to creditors of rounded sums which are not reconcilable to specific invoices<\/strong>: Paying arbitrary amounts to creditors rather than settling specific invoices.<\/li>\n\n\n\n<li><strong>Inability to produce timely and accurate financial information to display the company&#8217;s trading performance and financial position, and make reliable forecasts<\/strong>: Lack of up-to-date and precise financial records to assess financial health and future performance.<\/li>\n<\/ol>\n\n\n\n<p>These indicators collectively help in assessing whether a company is insolvent, emphasizing the importance of thorough financial monitoring and management.<\/p>\n\n\n\n<p><strong>12 Questions<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.facebook.com\/groups\/bossandthebrewer\/posts\/1249652153085163\">https:\/\/www.facebook.com\/groups\/bossandthebrewer\/posts\/1249652153085163<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Docket Hendo Reacts Insolvency Indicators The 14 potential indicators of insolvency set out in the matter of ASIC v Plymin are: These indicators collectively help in assessing whether a company is insolvent, emphasizing the importance of thorough financial monitoring and management. 12 Questions https:\/\/www.facebook.com\/groups\/bossandthebrewer\/posts\/1249652153085163<\/p>\n","protected":false},"author":1,"featured_media":1334,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"episode_type":"audio","audio_file":"https:\/\/bossandthebrewer.com\/wp-content\/uploads\/podcast_episodes\/BATB129.mp3","cover_image":"","cover_image_id":"","duration":"01:11:55","filesize":"73.1","date_recorded":"2024-07-11","explicit":"on","block":"","itunes_episode_number":"129","itunes_title":"Brewski & Beer Baron Close, Beer Cartel Sale, Buddy's Beers and Sauce Crowdfunds","itunes_season_number":"","itunes_episode_type":"full","filesize_raw":""},"tags":[],"series":[11],"class_list":["post-1333","podcast","type-podcast","status-publish","format-standard","has-post-thumbnail","hentry","series-boss-and-the-brewer"],"episode_featured_image":"https:\/\/bossandthebrewer.com\/wp-content\/uploads\/2024\/07\/BatB129.jpg","episode_player_image":"https:\/\/bossandthebrewer.com\/wp-content\/uploads\/2021\/09\/beard.jpg","download_link":"https:\/\/bossandthebrewer.com\/podcast-download\/1333\/batb-129-brewski-beer-baron-close-beer-cartel-sale-buddys-beers-and-sauce-crowdfunds.mp3","player_link":"https:\/\/bossandthebrewer.com\/podcast-player\/1333\/batb-129-brewski-beer-baron-close-beer-cartel-sale-buddys-beers-and-sauce-crowdfunds.mp3","audio_player":null,"episode_data":{"playerMode":"dark","subscribeUrls":{"apple_podcasts":{"key":"apple_podcasts","url":"https:\/\/podcasts.apple.com\/us\/podcast\/boss-and-the-brewer\/id1586737329","label":"Apple Podcasts","class":"apple_podcasts","icon":"apple-podcasts.png"},"google_podcasts":{"key":"google_podcasts","url":"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9ib3NzYW5kdGhlYnJld2VyLmNvbS9mZWVkL3BvZGNhc3QvYm9zcy1hbmQtdGhlLWJyZXdlcg","label":"Google Podcasts","class":"google_podcasts","icon":"google-podcasts.png"},"spotify":{"key":"spotify","url":"https:\/\/open.spotify.com\/show\/4NGdUQnNW5392pEnYXNrmk","label":"Spotify","class":"spotify","icon":"spotify.png"},"stitcher":{"key":"stitcher","url":"https:\/\/www.stitcher.com\/podcast\/boss-and-the-brewer","label":"Stitcher","class":"stitcher","icon":"stitcher.png"}},"rssFeedUrl":"https:\/\/bossandthebrewer.com\/feed\/podcast\/boss-and-the-brewer","embedCode":"<blockquote class=\"wp-embedded-content\" data-secret=\"FvvNkp2hrU\"><a href=\"https:\/\/bossandthebrewer.com\/index.php\/podcast\/batb-129-brewski-beer-baron-close-beer-cartel-sale-buddys-beers-and-sauce-crowdfunds\/\">BatB 129 &#8211; 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