*Bonus discount subject to adjustment of bonus discounts for StartEngine noteholders. See discount bonus below.

Alcohol Beverage Wholesale or Retailer Licenses Notice

Holders of alcohol beverage wholesale or retailer licenses, and their employees, are prohibited from participating in this investment. By participating in this offering you confirm that you are not a wholesale or retail licensee nor are you an owner or managerial level employee of such a licensee nor the trustee of a trust that possesses stock or a membership interest in an entity licensed at the wholesaler or retail tier.

Investment Incentives & Bonuses*

Loyalty Bonus: Previous investors in Shankar Distillers Inc will receive 5% addition to the base discount rate.

Time-Based Perks

 Early Bird 1: Invest $1,000+ within the first 2 weeks and receive 2% addition to the base discount rate.

 Early Bird 2: Invest $5,000+ within the first 2 weeks and receive 4% addition to the base discount rate.

 Early Bird 3: Invest $10,000+ within the first 2 weeks and receive 6% addition to the base discount rate.

 Early Bird 4: Invest $25,000+ within the first 2 weeks and receive 8% addition to the base discount rate.

 Flash Perk 1: Invest $2,500+ between days 35 - 40 and receive 5% addition to the base discount rate.

 Flash Perk 2: Invest $5,000+ between days 60 - 65 and receive 5% addition to the base discount rate.

 Amount-Based Perks

 Tier 1 Perk: Invest $1,000+ and receive 2% addition to the base discount rate.

 Tier 2 Perk: Invest $5,000+ and receive 3% addition to the base discount rate.

 Tier 3 Perk: Invest $10,000+ and receive 4% addition to the base discount rate.

 Tier 4 Perk: Invest $25,000+ and receive 5% addition to the base discount rate.

*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus discounts from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.

Crowdfunding investments made through a self-directed IRA cannot receive perks due to tax laws. The Internal Revenue Service (IRS) prohibits self-dealing transactions in which the investor receives an immediate, personal financial gain on investments owned by their retirement account. As a result, an investor must refuse those perks because they would be receiving a benefit from their IRA account.

The 10% StartEngine Venture Club Bonus

Shankar Distillers Inc will offer a 10% additional discount bonus for all investments that are committed by investors that are eligible for the StartEngine Venture Club.

Eligible StartEngine noteholders will receive a 10% bonus discount on the note in this Offering. For example, this would mean your discount percentage would be 30% instead of 20%. 

This 10% Bonus is only valid during the investor’s eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the time of offering elapsed (if any). Eligible investors will also receive the Venture Club bonus and the Loyalty Bonus in addition to the aforementioned bonus.