Bootie Beer Corporation

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Bootie Beer Co. has filed a voluntary petition under the provisions of Chapter 7 of the US Bankruptcy Code in a Florida court.

Bootie Beer has posted a large dip in net losses for the first three months of this year.

Bootie Beer Corporation has filed for a name change to alter the company’s name to TMT Capital Corporation.

Bootie Beer has lined up US$25m for what it calls strategic acquisitions. The US-based company has entered into an investment banking agreement with KMA Capital Partners to raise up to US$25m.

The board of Wisconsin brewer Bootie Beer Corporation has announced a share repurchase programme which could see the company buy back up to 2m shares of its common stock.

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