Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
Scheid Vineyards Inc.
305 Hilltown Rd., Salinas CA 93908
_______________________________
(831) 455-9990
www.scheidvineyards.com
info@scheidfamilywines.com
SIC Code: 2084
Quarterly Report
For the Period Ending: November 30, 2021
(the "Reporting Period")
As of November 30, 2021, the number of shares outstanding of our Common Stock was:
Class A: 763,593
Class B: 132,551
Total Common Shares: 896,144
As of August 31, 2021, the number of shares outstanding of our Common Stock was:
Class A: 763,593
Class B: 132,551
Total Common Shares: 896,144
As of February 28, 2021, the number of shares outstanding of our Common Stock was:
Class A: 748,093
Class B: 132,551
Total Common Shares: 880,644
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):
Yes: ☐ | No: ☒ |
Indicate by check mark whether the company's shell status has changed since the previous reporting period:
Yes: ☐ No: ☒
Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:
Yes: ☐ | No: ☒ |
- Name and address of the issuer and its predecessors (if any) Issuer: Scheid Vineyards Inc.
Predecessors: None
Date and state of incorporation: July 15, 1997 in the state of Delaware (Active)
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:
None
The address of the issuer's principal executive office:
305 Hilltown Rd., Salinas CA 93908
The address of the issuer's principal place of business: 1972 Hobson Avenue, Greenfield, CA 93927
Check box if principal executive office and principal place of business are the same address: ☐
Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: ☐ | No: ☒ | |||
2) | Security Information | |||
Trading symbol: | SVIN | |||
Exact title and class of securities outstanding: | Class A Common Stock | |||
CUSIP: | 806403200 | |||
Par or stated value: | $.001 | |||
Total shares authorized: | 4,0000,000 | as of date: 11/30/21 | ||
Total shares outstanding: | 763,593 | as of date: 11/30/21 | ||
Number of shares in the Public Float: | 406,263 | as of date: 11/30/21 | ||
Total number of shareholders of record: | 99 | as of date: 11/30/21 | ||
All additional class(es) of publicly traded securities (if any): None | ||||
Transfer Agent | ||||
Name: American Stock Transfer &Trust | ||||
Address 1: 6201 15th Avenue | ||||
Address 2: Brooklyn, NY 11219 | ||||
Phone: 718 921-8200 | ||||
Is the Transfer Agent registered under the Exchange Act? | Yes: | No: |
- Issuance History
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods: ☐
Shares Outstanding as of Second Most Recent | ||||||||||
Fiscal Year End: February 29, 2020 | ||||||||||
Opening Balance: | Common: 882,644 | |||||||||
Preferred: 0 | ||||||||||
Date of | Transaction | Number of | Class of | Value of | Were the | Individual/ Entity | Reason for share | Restricted or | Exemption | |
Transaction | type (e.g. new | Shares | Securities | shares | shares | Shares were | issuance (e.g. for | Unrestricted | or | |
issuance, | Issued (or | issued | issued at | issued to | cash or debt | as of this | Registration | |||
cancellation, | cancelled) | ($/per | a discount | (entities must | conversion) | filing. | Type. | |||
shares | share) at | to market | have individual | -OR- | ||||||
returned to | Issuance | price at | with voting / | Nature of | ||||||
treasury) | the time | investment | Services | |||||||
of | control | Provided | ||||||||
issuance? | disclosed). | |||||||||
(Yes/No) | ||||||||||
November 20, | Repurchase | ( 2,000) | Class A | $16.12 | No | Emily K. Scheid | Repurchase | n/a | n/a | |
2020 | of Shares | |||||||||
March 2, 2021 | New | 1,500 | Class A | $15.00 | No | Tony Stephen | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 1,000 | Class A | $15.00 | No | Michael | Stock Issued as | Unrestricted | n/a | |
Issuance | Thomsen | Compensation | ||||||||
March 2, 2021 | New | 1,000 | Class A | $15.00 | No | Robert Garza | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 1,000 | Class A | $15.00 | No | Stefany Chaney | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 1,000 | Class A | $15.00 | No | Henry Politz | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 1,000 | Class A | $15.00 | No | John Holder | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Justin Perino | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Tom Hornick | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Pete Garibay | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Bruce Hungate | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Jess Hogg | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Andrew Powell | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Brent Simpson | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Dan Blanchard | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Ed Chalupa | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Fredrik Sjoelin | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Keith Knack | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Time Wera | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 500 | Class A | $15.00 | No | Dave | Stock Issued as | Unrestricted | n/a | |
Issuance | Nagengast | Compensation | ||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | Greg Waters | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | Patrick Baker | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | Brian Escobar | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | David Parker | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | Joanne Schmidt | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | John Smylie | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | John Spillane | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | Joseph Fritz | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | Julie Hruben | Stock Issued as | Unrestricted | n/a | |
Issuance | Compensation | |||||||||
March 2, 2021 | New | 250 | Class A | $15.00 | No | Michelle | Stock Issued as | Unrestricted | n/a | |
Issuance | Mcpherson | Compensation | ||||||||
Shares Outstanding on Date of This Report: | ||||||||||
Ending Balance: | ||||||||||
Date November 30, 2021 | Common: 896,144 | |||||||||
Preferred: 0 | ||||||||||
B. Debt Securities, Including Promissory and Convertible Notes
Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.
Check this box if there are no outstanding promissory, convertible notes or debt arrangements: ☒
- Financial Statements
A. The following financial statements were prepared in accordance with:
☒ U.S. GAAP ☐ IFRS
- The financial statements for this reporting period were prepared by (name of individual)2:
Name: | Michael Thomsen |
Title: | Chief Financial Officer |
Relationship to Issuer: | Officer |
Provide the financial statements described below for the most recent fiscal year or quarter. For the initial disclosure statement (qualifying for Pink Current Information for the first time) please provide reports for the two previous fiscal years and any subsequent interim periods.
- Balance sheet;
- Statement of income;
- Statement of cash flows;
- Statement of of Changes in Stockholders' Equity
- Financial notes
Such financial statements are incorporated by reference through OTCIQ as a separate Quarterly Report for the nine months ended November 30, 2021 and was posted to OTCIQ on January 20, 2022.
- Issuer's Business, Products and Services
The purpose of this section is to provide a clear description of the issuer's current operations. In answering this item, please include the following:
-
Summarize the issuer's business operations (If the issuer does not have current operations, state "no operations"). Scheid Vineyards is a family-owned and operated, estate-driven wine company founded in 1972. Based in Monterey County, California, Scheid is uniquely integrated to bring high quality estate grown wines to the marketplace from its sustainably certified vineyards and innovative luxury level winery. Scheid's winery and bottling operations are powered by 100% renewable wind energy generated by a 400-foot-tall wind turbine, which also supplies energy to many homes in the local community. The Scheid Family Wines globally distributed portfolio includes Scheid Vineyards, Sunny with a
Chance of Flowers, District 7, Ryder Estate, Metz Road, VDR, and Stokes' Ghost. Scheid Family Wines also produces many regionally distributed brands for specific clients and distributors. - Please list any subsidiaries, parents, or affiliated companies.
100% owned Subsidiary: Scheid Vineyards California Inc - Describe the issuers' principal products or services. Bottled Wine, Bulk Wine, Wine Grapes, Custom Crush Services.
- Issuer's Facilities
Scheid Vineyards operates approximately 3,000 acres of wine grape vineyards near the city of Greenfield in Monterey County, California, as well as a 30,000-ton capacity, 80,000 square foot winery facility, and an 8,000 square foot bottling and warehouse facility. The Company owns approximately 50% of its vineyard land and leases the remaining 50% under
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Scheid Vineyards Inc. published this content on 20 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 17:30:09 UTC.