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Subsequent Events
6 Months Ended
Jun. 30, 2015
Subsequent Events [Abstract]  
Subsequent Events

11.      Subsequent Events

 

In July 2015, the Company issued 225,000 shares of common stock to third-party consultants in exchange for services rendered. The market value of these shares was approximately $463,000 on the date of issuance.

  

On July 24, 2015, the Company entered into a First Amendment to Amended Five Percent (5%) Convertible Note dated September 19, 2014 (originally dated June 13, 2014) issued by Eurocan Holdings Ltd. (now known as Eastside Distilling, Inc.) to Crystal Falls Investments, LLC in the principal amount of $150,000 pursuant to which the Maturity Date under such note was extended to December 13, 2015.

 

On August 12, 2015, the Company entered into amendments to the Employment Agreements for each of Messrs. Earles and Kunkel. Under these amendments, the base salary was increased to $245,000 and $104,000 for Mr. Earles and Mr. Kunkel, respectively.