Uncle Nearest Receivership & Lawsuit : LIVE UPDATES

This is the LIVE UPDATE page for the ongoing saga of the Uncle Nearest Receivership which was ordered on 8/14. If you haven’t been following along, please check out this piece first. It’s a decent breakdown of how we got here. This piece here will be heavily seasoned with commentary and that will be italicized.

If you feel like sharing your story or have any tips feel free to contact me here. Your anonymity and confidentiality will be respected.

This is a real 4, not a Weaver “4”.

UPDATE 2/15-

While Sunday with the Deceivers (TM) is going on with the usual “baba”, Keith mumbling lifelessly through the video, making redbeans and turkey legs, while having Grown Folk Mimosas and watching church on tv, Humble Baron has officially stopped taking reservations. “Christopher Moltisanti” received a cancellation notice of “his” reservation via text and email explaining how it “works” now (image below).

With paper checks being issued, and it being Presidents Day on Monday, I guess the employees will have to wait until Tuesday for their money, assuming the checks clear? Zelle, Ca$hApp, Venmo, PayPal, ApplePay, GooglePay….. JFC.

My jaw still hurts, but I’m on the mend, I’ve got some quick hits, thoughts, and questions for today.

• Here is the case docket information for the California case since it doesn’t yet come up in Google search.

  • UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION.

  • Case No. 2:26-cv-526

  • ALTSHARES EVENT-DRIVEN ETF, on Behalf of Itself and All Others Similarly Situated, Plaintiff, CLASS ACTION

  • CLASS ACTION COMPLAINT FOR VIOLATIONS OF THE FEDERAL SECURITIES LAWS

  • DEMAND FOR JURY TRIAL

    vs.

    ENDEAVOR GROUP HOLDINGS,INC., ARIEL EMANUEL, PATRICK WHITESELL, MARK SHAPIRO, EGON DURBAN, URSULA BURNS, FAWN WEAVER, STEPHEN EVANS, JACQUELINE RESES, and SILVER LAKE GROUP, L.L.C., Defendants.

• Fun fact, Patrick Whitesell who is a defendant in this fraud case, is also an investor in wait for it, wait for it, Uncle Nearest.

• Fun fact, Egon Durbin who is a defendant in this fraud case, is also an investor in Uncle Nearest.

• Fun fact, Ari Emanuel who is a defendant in this fraud case, is also an investor in Uncle Nearest.

• Irony it would seem, is not yet dead and buried.

• Fun Fact, Elon Musk was on the board too, but resigned in 2022 before the mess.

• Fun Fact, Fawn liked to tell anyone who would listen that she and Elon talked regularly.

• I made a glib remark about the whole “soror” thing and let me be clear. Sororities have social benefits, and I understand the value of these organizations. It’s infuriating when you didn’t earn it, but bought into it because of fame and other peoples money. So I apologize to the sorority folks out there, I didn’t mean anything towards you. I do not apologize to the culties who “soror” in the comments who continue to carry water for The Weaver (TM) and ignore all facts no matter how clear they are.

• The Weaver (TM) property at HWY 82-S 1409 is still deeded to The Weaver Trusties.

• Just wanted to say hello to the Rock Town folks, no really, just wanted to say hello.

• Former employees of Uncle Nearest are having trouble finding work, with some of them reporting that they are actually being asked about their involvement in the UN debacle. As if any of the former employees had anything to do with this mess. Uncle Nearest on the resume (or CV if you prefer) is a gift that keeps on giving, kinda like herpes.

• A pal said something to me via DM that I found to be important to share, as The Weaver (TM) mess impacts the industry at large, not just UN.

  • “This person/company has been the standard and example set before every whiskey startup in the past few years. I don’t know one whiskey marketing or PR director (I’ve seen both) who hasn’t been told, ‘do what UN does but better. Find a way…’ and I’ve even seen industry colleagues fired because they couldn’t compete with UN. So many were judged on a sham, not to mention the collateral damage along the way.”

    • The fact that people were expected to match Fawntasy Results is a real blemish on the industry. People in leadership should have known better, and many industry people have doubted the “realness” of UN for a number of years. Imagine getting shitcanned because you couldn’t beat fraud.

• How will the judge receive the three part video series? I can’t imagine anyone is happy with that.

• I’m still SO IRKED that the employees keep getting screwed by the unbothered and unmoved.

• I’m pretty sure that the Weaver’s are exiting Tennessee. I doubt they’ll be back, even if they temporarily regain control of the company (no way that happens).

• I fear that the “distillery” will be abandoned, and the label will end up somewhere else. A distillery that cannot make whiskey is valued at the parts of the Vendome still. This will not be good for Shelbyville, and that’s a real shame. This Weaver induced catastrophe will have a lasting impact on that town, and its residents.

Thankfully they didn’t have to make the drive from Newark.

Christopher and Adriana are disappointed but they understand.

No hidden messages here, just tired, sore, and want a Genny Cream.

UPDATE 2/14-

One of the dreadful things about having to take cycles of antibiotics is that you have to take them every six hours on the button. Which means, one has to get up at stupid hours in the morning to take them. I’m on a 10/4/10/4 cycle, so at 4am I took it, drank my water and then couldn’t go back to sleep. So I started playing on the internet. Why does this matter? Because there is a new lawsuit, HOLD UP HOLD UP WAIT A MINUTE, it’s not against Uncle Nearest, and no I’m not referring to the bombshell complaint that was lodged against Bardstown Bourbon Company.

So why is that on this live update page for the Uncle Nearest case? Glad you asked. I ask for you to indulge me for a moment or two.

This brand new class action lawsuit was filed in California against Endeavor Group Holdings, Inc. (and its affiliates) in connection with the take private merger that occurred in 2025. The lawsuit was filed January 16th 2026. The plaintiffs claim that Endeavor misrepresented the fairness of the transaction and understated the value of the company, thereby pressuring shareholders to sell at artificially deflated prices. The case centers around Endeavor’s $27.50 per share buyout offer, which was criticized as unfair based on flawed valuations and concealed information about the post-merger surge in the value of TKO, Endeavor’s most valuable asset (yes, that TKO, WWE/MMA).

The complaint highlights that key players like Ariel Emanuel, Patrick Whitesell, Fawn Weaver, and other board members were part of a coordinated effort where insiders negotiated favorable terms for themselves, including equity rollovers and significant side benefits not shared by the public shareholders. The merger process was pushed forward under questionable circumstances, where minority shareholders were denied a true “majority-of-the-minority” vote, and essential financial information (especially about TKO’s rise in value) was deliberately left undisclosed to investors. Oopsie.

Fawn Weaver, as a member of Endeavor's board and the Audit Committee (2021-2024), is implicated for her role in overseeing the company during the period leading up to the merger. She is named as one of the defendants because the board was responsible for approving the merger terms, which the plaintiffs argue were unfair to public shareholders. Specifically, the failure to disclose the dramatic increase in TKO’s value after the fairness opinion and the tax savings that were diverted through amendments to the Tax Receivable Agreement (TRA) are central to the allegations, which ultimately claim that the defendants, including Weaver, failed to ensure transparency and accountability to public shareholders during the merger process.

This is likely not good for The Weaver (TM) because her position on Endeavor's board and involvement in overseeing corporate governance could make her personally liable if the court finds that she and the other directors misled investors or failed to fulfill their fiduciary duties during the merger process. Anyone notice a trend here? Her role faces a hard look as part of the board level failure to protect the interests of minority shareholders (now where have I heard this before?), especially given the lucrative terms secured by insiders while public investors were forced to accept undervalued buyout terms.

Is the claim asserting that The Weaver (TM) is entirely to blame? No of course not, they’re blaming the entire board. But it is interesting that she’s held two board seats, and both companies have ended up in court.

While I won’t be breaking down that lawsuit, I did read it, and there are so many common themes regarding The Weaver (TM) on that board of directors, and on the UN board of directors that I included it here.

No word on whether she remains unbothered, and unmoved.

Know what doesn’t pay the bills? Zero dollars or the Weavers.

UPDATE #3- 2/13-

Regarding Humble Baron employees- this enfeebled company that is run solely by the Weaver’s and not the receiver, will be issued paper checks, not today, not Saturday, not Sunday, but on Monday. These Cosplaying Moguls think they can run Uncle Nearest when they can’t even run a bar with a half dozen total employees. These “leaders” are unfit, inept, incapable, unqualified, inadequate, clumsy, bumbleheads. Venmo these folks their MONEY. You’re on your phone constantly, send over the ca$h.

UPDATE #2- 2/13-

While The Weaver (TM) was on her late night social media bender, payroll for Humble Baron was not met. I’m guessing Mr. Severini from Genesis will blame the receiver for it even though HB is not under his control. One or more Weaver’s will remain unbothered and unmoved that the few remaining employees probably won’t get paid unless Keith sells a car or something. I’m sure it’s just an oversight. A mistake. Senzaki’s fault. A plot to steal the company. Fun fact, Lamborghinis and Teslas do not have good resale value. Neither do real live horses.

Folks, I play around on this blog, I poke fun at the absurdity of what is taking place often. There’s banks, and investors and money to divvy up, but most importantly there are real humans that continue to get ratfucked by the Weaver’s and their ineptitude. I am baffled by the continued out of touch tone deaf social media presence of this cosplayer mogul who can’t even pay some poor bartender souls who need the money that they earned from WORK they already provided.

This kind of shit infuriates me so much. The Weaver (TM) says the team that has stuck by her is the TRUTH. Truth don’t pay the rent boss. Truth don’t pay for childcare, or healthcare, or gas for the car, the electric bill, food, water, heat. Know what does? Cash money direct deposited ON TIME as agreed upon in exchange for labor.

Unbothered, unmoved. Awful awful and awful. The culties won’t care, because “soror!” and all that crap. I care. The employees care. The Weaver’s do not. But hey, Sunday with the Weaver’s is coming up where Fawn will make a terrible cocktail, claim she invented it, snuggle with baba who looks like he wishes he had explosive diarrhea so he could have some quiet time alone in the bathroom, and then we can watch them make some food that others watching can't make because they haven’t been fucking paid.

Too fast, too loud, too much stimulation.

UPDATE 2/13-

I begin today with a deep sigh. I had oral surgery yesterday morning to remove two teeth in preparation for implants. Long story short, genetically soft teeth and 20 years of playing hockey is a bad combination. Kinda like The Weaver (TM) running a company. Anyway, I can’t talk for a few days, but these fingers can. I was going to go over a few things on my mind and show the beginnings of my deep dives on Kai and Alex Pineda (UN’s corporate chaplain), but The Weaver might have found some of that Columbian Addy, and took to the socials. So today, we will break that down.

There was a three part video series, the last one was super late, but the energy was still high. The videos were all at a frenetic pace, I thought I had changed the speed of the playback, but then remembered I wasn’t on TikTok and this was real speed. It sounds like one long essay with no punctuation, so I’ll break it up into indigestible parts with my usual seasoning below it in italics.

PART ONE- Recorded at 9:10pm.

• “The post, so many of you been waiting six months to see, but I couldn't record it until I finally took the stand on Monday.”

  • Well, no not really. Many of us, this cat included, have been following the case in detail, and not just with what is publicly known via court records. But go on.

• “They say Uncle Nearest isn't solvent, but the numbers don't add up. Every cash flow report we've gotten from the receiver shows Uncle Near's operating between cash flow neutral and cash flow positive.”

  • They being, the bank, the receiver, the 100+ vendors/contractors that weren’t paid prior to the receivership, the employees that were laid off, but yeah, all that adds up to a successful solvent company, go on.

• “Debt balances include amounts that aren't even owed, and the same barrels once called missing to prove fraud are now being counted as 45 million in debt. That's not insolvency. That's a fundamental contradiction.:

  • She used air quotes talking about the “missing barrels.” I’m pretty sure that The Weaver (TM) has accused Senzaki of inflating barrel counts that were “discovered” by Felicia Gallagher and that the “third party investigation” approved by the board of directors (Fawn, Keith, John Eugster) and also not “disclosed” to The Weaver (TM) to protect “impartiality” who also seems well versed in the “findings” acknowledges the “missing barrels.” Air quotes are funny. As for fundamental contradictions, it makes sense that there are, when one position is fact based, and the other is not.

• “So how does that happen in a court appointed process that is supposed to be neutral? Let's get into it. This is nightcap with Fawn Weaver, I take hot topics, strip away the drama, politics, and gaslighting add truth, history, and a little bit of hope, served, straight up. No chaser. “

  • She will use this same promo intro in the next two videos.

• “I've been documenting what's been going on for my third New York Times bestselling book, and I didn't have a title till last week. The attempted heist of Uncle Nearest.“

  • I love this line so very fucking much. How is it a NY Times bestselling book when you haven’t had Chatgpt write it yet? Also, without using employee amazon accounts, company credit cards, and sock puppets to boost pre-sales, how will it make the list this time?

• “First off, the balance sheet the receiver submitted to the court, but then didn't stand by it while on this stand, showed approximately 20 million tied to a convertible note related to the sale of my personal shares, and no structure to convert to equity in 2030. It shows 3.7 million supposedly owed to my holding company. $17 million, owed to UN affiliates. When asked what that was for, he says, I don't know. It was in the system when I got here, we just left it there. “

  • This was a lot of gobbledygook. Not much more than a word salad that is fat free, gluten free, additive free, and flavor free, The Weaver (TM) does things like this a lot, it’s flooding the zone, and it is intended to overwhelm you and cause the cultie brain to go “oh yeah, that makes sense” when it does not in fact make sense. Case in point in the comments to her video below.

• “You know, those combine this $40 million of the debt. Six months in, the receiver admitted, at Monday's hearing under cross examination, that he nor his team has sent confirmation letters to verify whether the debt being counted is actually owed.”

  • Let’s just say that I expect to see a lot of things from the transcripts that she won’t have mentioned, so I expect that this is her framing things in her favor. I mean Cap’N Phillip doesn’t have an IG to respond, he’s doing what he does professionally and carefully. Trying to unwind the mess that’s been done to this company since 2018 is not easy. We are six months in, and yeah, that’s a lot of time, but is it? Do you need to send a confirmation letter that a debt is owned when a company sends a demand letter demanding payment?

• “Then there's the 45 million debt for the missing barrels the receiver testified as now due related to barrels we financed on a forward purchase contract. He admitted his decision to stop paying storage and taxes almost 25,000 barrels is what triggered the acceleration by many, many years.”

  • I’d like to see his statement of testimony on this, because I think what triggered things by many many years is The Weaver (TM) not paying the debts owed, and running the company straight into the receivership.

• “Now let's talk about the so called refinance process. The stated focus of bringing in an investment bank so early was to finance the debt. But as the receiver admitted under cross examination, there was no business plan created. The process began in mid November. Letters of intent were required by December 19th, four weeks later, a super wide net was cast. That signals distress, and distress tells the market, bid low for all the assets. “

  • I mean sure, other than the very public bank lawsuit, the receivership, all the court document revelations, the investors being furious, no cap table, made up sales numbers, the receiver must have caused the BroFundMe’s to lowball offer.

• “Meanwhile, the bank is paying the receiver approximately $500,000 a month. Yep, half a million dollars a month in controlling all of our sales and marketing budget.”

  • While it is true that the bank is pouring a shit ton of money into the receivership, which is keeping the lights on by the way, the bank has already stated that they aren’t micromanaging the receiver budget in any line item veto manner. This money would “poof” immediately upon the receivership being ended. Sure it’s added to the UN bill to the bank, but what’s a few million more when you owe $108 million that you can’t pay already? Especially when the bank forecloses on your stuff.

• “When the judge granted the receivership, he said he would only tolerate it for as long as it was necessary. He made clear that a material change would allow any of us to request a termination.”

  • True. This is how these things work.

• “A receiver is charged with maintaining status quo, when an otherwise successful and growing business, with financial challenges that could have been overcome by collaboration, experiences a precipitous decline immediately after the appointment of a receiver? That's a material change.”

  • Remember folks, this was not a successful business, but sure, she can try to paint this picture to the judge. A good friend of mine has always said, successful bars and restaurants don’t go into bankruptcy. I’d say the same would apply here.

• “When a bank is granted an emergency receivership by claiming 21 million in barrels that are missing, that are now miraculously found, and you tell the court that Uncle Nearest was in default for 18 months for a payment missed in January 2024. But don't tell him that it was actually paid February 1st and 16 million more during that period, part two is coming.

  • They didn’t file because of the barrel discrepancy, that was only part of it. Mostly the defaults on the loans, then negotiating the forbearance agreement, defaulting on that…. Let me just pull some quotes from the August receivership ermergency hearing transcipts..

    • FARM CREDIT ATTORNEY- “We signed the forbearance agreement, they make the payment. There was a payment to be paid at time of execution. That payment was made. “

    • JUDGE- “That was seven and a half million?

    • FCA- “Seven and a half million dollars, your honor. “

    • FCA- When the forbearance agreement was executed the money was paid, but then almost immediately they’re in default because they haven’t delivered any of the doucments, or done, you know, hit the milestones that they were supposed to hit under the forbearance agreement. The rub that really got us here today, the kind of straw that broke the camel’s bak, there was a 10 million dollar payment that was due June 16th. We had a meeting with them that Friday afternoon. We were sending wire instructions.

    • “Is the payment going to be made?”

    • “Yes. Yes. Yes.”

    • FCA- No payment made.

    • JUDGE- So forbearance agreement goes down April 15, 2025. Now after that agreement tell me what they’ve done to default.

    • FCA- So they failed to meet the January 16th payment under the forbearance agreement. There’s actually another payment that’s due next week. So I would say that’s an anticipatory payment default. I can’t imagine that ones going to be made.

    • JUDGE- How much is it?

    • FCA- $10 million. There are, you know, no interest payments that have been made. They’ve missed the quarterly installment payments on the term loans. THey’ve missed the amortization payments on the RELOC. We still don’t have monthly financial statements. We don’t have the borrowing base certificates. We still don’t have year-end financials for the fiscal year ending 12/31.

    • JUDGE- (To Rocky King, the Weaver’s attorney) Mr. King are you going to pay that 10 million next week?

    • ROCKY- Me personally, your honor? No, i’m going to be a little shy. We do not have that to pay next week. At least that’s my understanding as of right now, because it’s stacking.

They didn’t have the money prior to the receivership, they don’t have it now. Let’s get to part two.

REDBULL GIVES YOU WIIIIIIIIIIIIIIIIIINGS.

PART TWO- Recorded at 12:30am.

• But the the receiver's supposed to be a court appointed neutral. But the bank pays them approximately half a million dollars per month. The bank controls our ability to bottle product and ship it to you. Toasted barrels rolling out now instead of last October, because the bank did not believe limited time offerings sell.

  • The bank doesn’t control these things. The receiver does though, and if he runs a cost to benefit ratio on an LTO and the juice isn’t worth the squeeze, then he kiboshes it. Any LTO release would involve The Weaver (TM) traveling to sign bottles, often. That cost counts. LTO’s are good money makers for some companies, and it’s probably true they work well for this one too. However, that doesn’t move the product that sits on shelves that have a quarter inch of pigeon shit on them they’ve been sitting so long. Selling through an LTO doesn’t make the store order more core product that they already have a ton of. Sure, they’ll order another LTO when it's available, but that’s not paying the debts off. The focus on Toasted, or cognac, or Copium finished LTO’s are not going to magically turn the company into a cash flow, debt paying concern.

• “Out of stocks of Uncle Nearest 1884, in September, and October, happened because they cut our bottling capacity by 75%. New York waited for months. Texas had to get product from Indiana. At one point, it became clear, the operational constraints, being posed, would impact revenue in our Nilsen results. But the Uncle nearest team pivoted, every roadblock we adjusted.”

  • I’m expected to believe, as are you, that out of stocks occurred barely a month into the receivership? Look, I’m prone to occasionally falling out of a stupid tree and hitting every branch on the way down, but even after that I’m not dumb enough to buy what The Weaver (TM) is selling here.

• “Then when our sales in our Nielsen decreased, the bank and receiver attributed to a loss of demand. So they create the conditions and then cite the outcome for the court? Sounds an awful lot like those 20,000 missing barrels they've now miraculously found, only to book them as debt without recognizing the fair value of the assets.”

  • The demand decrease is because it tends to decrease after the holiday quarter for almost all spirits. Also, another reminder that the missing barrels were before the receivership and even if they didn’t book them as debt, you still owe $108 million that you have failed to pay..

• “How can they do that? Well, it all came out in the court this week, so... let's get to it. This is Nightcap with Fawn Weaver, where I take hot topics, strip away the drama, politics, and gaslighting. I add truth, history, and a little bit of hope, served, straight up, no chaser. This is part two of a three part series, the attempted heist of Uncle Nearest. “

  • She says this so fast, it’s impressive.

• “Using that demand narrative as the backdrop, nearly six months into the process, five months into the receivership, the claim was made for the first time last week that Uncle Nearest was losing a million dollars a month when the receivership began. Yet, five weeks after the appointment, the receiver filed, the company was operating as a going concern. Mathematically, both cannot be true.”

  • This is how investigation works. You take over a distressed business, and on the face of it, it doesn’t look that bad. You say so, to calm the investors, the creditors, the employees. It’s not a lie, it’s reassurance that the business is now in competent hands, stand by as we work, and we will update the court as required. In time, after looking at the books, and reconstructing the previous deleted years, you have an oh fuck moment when you realize that what you’re being told by management (Hi Kate!) isn’t true. So then you revise things, and your opinion changes, and then you report that to the court as you're required to do. The receiver wasn’t lying, he was reporting on the rosy numbers he was being given, until his team was like hold up Cap, shit stinks in here.

• “The $1 million figure came from an initial aired 52 week run rate model that his finance consultants ran. After our former CFO's departure on October 2024, discovering over 7 million in unaccounted for debt excluding Farm Credit, we reduced operating expenses by 40%. Then another 20%. Painful, but done, before the receivership.”

  • The same CFO who was still working at UN well into 2025. The same CFO who was the CFO at Grant Sidney prior to UN being founded. Also, those cuts probably didn’t apply to The Weaver (TM) travel, glam squad, social media, and bottle signing budget.

• “The 52 week run rate included legacy payments, and more than 2 million extraordinary expenses tied to the legal and finance consultants in negotiating with the bank. And the independent third party investigation into our former CFO and his team.”

  • If you paid the bills you wouldn’t have spent that $2 million negotiating (again) with the bank?

• “Once those were removed, every 13 week forecast since has shown neutral to positive cash flow.”

  • Nothing about Kate making the numbers work? Hi Kate.

• “The CFO of our longtime payroll and benefits provider testified that, contrary to the receiver's statements about payroll being in jeopardy, the company, under my leadership, since they became our PEO in 2019, had never once been at risk of risking payroll.”

  • How many shares or options does Genesis hold I wonder? The receiver probably looked at the acknowledged payroll debt (remember they were paying the old stuff first, while accruing new payroll debt to Genesis), and went oh shit, we don’t have the money for that. Probably unaware of the agreement UN had with Genesis, which was probably not well papered.

• “As late as January 12th, the receiver told him the company was cash flow, neutral, and positive, once his fees were removed. Something our reconstruction reconfirms. He also testified that the receiver said there was significant value in the brand, and that he was working toward transitioning it back to the Weavers. “

  • There is value in the brand, no doubt. Just not enough to cover the debts.

• “He testified the receiver told him repeatedly, I need to transition this back to the Weavers. That is what the receiver was saying privately, January 12th. Two weeks later, insolvency was claimed publicly. While staring directly at the receiver, the CFO of the payroll company said, When you're intentionally lied to, and my world is a CPA, it's called fraud. I feel like Mr. Young committed fraud.”

  • Note that he didn’t say he DID commit fraud. How one feels isn’t the same as fact based accusations.

    Are you all ready for part 3? Also not a doozy, but a snoozy.

3:30 am, still going….. nothing outlasts the Fawnergizer Bunny.

PART THREE- Recorded after 3am, posted 3:56am.

• “Is anybody still awake for the part three of the three part series? I don't know why I'm awake. I should have done this tomorrow.”

  • Sorry, I wasn’t awake for part three, I was out of Ripped Fuel.
    
    

• “So let's jump right in. This is nightcap with Fawn Weaver, where I take hot topics, strip away the drama, politics, and gaslighting, and add truth, history, and a little bit of hope, served, straight up. No chaser. “

  • This is my favorite part of her videos, when the broadcaster voice comes out.

• “For the last six months, I've been silent about the case. That was intentional.”

  • I’m sorry, WHUT? She’s claimed twice that the gag order was off (it was only one gag order), and hasn’t stopped talking about the case. Follow the Case. Social media reels that when posted cause my brain to hurt, an ill-advised civil suit about Senzaki which was simply to get her allegations included in the bank lawsuit. She has never stopped talking. Talk talk, talk talk talk… so much talk that I wonder if she’s ever heard real silence in her life? Has Keith since knowing her? Also, people that lie about the smallest dumbest things in the face of provable evidence will also lie just as casually about the biggest things.

• “Nothing I said publicly could risk being interpreted as influencing the court or interfering with the process. I've only given two interviews since this case began, and those were this week, because I could now point to the record since my voice is finally on it. “

  • I mean, you were warned about speaking on the socials about the case. The court literally gave you a fucking gag order. The receiver alleges that The Weaver (TM) has been actively trying to undermine him in a variety of ways.

This seems like a good spot to take a little break from the video breakdown for this little nugget of news-

The Weaver (TM) has told some staff that near the end of March she plans to embark upon a Thank You Tour after the receivership is lifted and she’s back in charge. She’s going to see the folks that stuck it out and stuck by her side.

• “I won't answer any legal related questions here because I don't care about defending. I care about winning. Speaking of the record, I wrap this series up with something a bit humorous.”

  • Funnier than running your company into receivership and then blaming everyone else on the planet and never taking accountability for literally ONE thing? Please, go on.

• “The bank introduced a pre receivership 13 week cash flow, showing negative 6.4 million. That it said, we prepared. And the days leading up the hearing, there were a flurry of filings filled with inconsistencies. We asked for three days, the judge gave us two, so we prioritized. We made our record. Under cross examination, the bank's financial consultant admitted nearly every line item in that document was identical across 13 weeks.”

  • A horse walks into a bar, the bartender asks “say, why the long face?”

  • A man finds a genie in a bottle. Genie grants him three wishes.

    Man- I want to be Rich.

    Genie- Granted.

    Rich- I want a lot of money.

• “Bottom line is, none of those numbers were real. That was a formatting template. During my testimony, the actual 13 week cash flow covering the same dates was admitted into evidence. That report showed positive cash flow, a swing of approximately 7.7 million over the upcoming 20 weeks using their exhibit, and four weeks of the actuals were also positive.”

  • I think she’s claiming that the numbers were wrong and hers were right, but the submitted numbers were a template that didn’t have the numbers, so in the absence of the numbers, her numbers must be trusted as Gospel. Am I doing this right?

• “Seven witnesses testified over six hours. I asked to go last. No prepared testimony, no scripted questions. The judge gave me a little leeway so we could wrap the day up. I looked squarely at the receiver and the bank, and I said, If they want to prove fraud or misappropriation, by all means, please do.”

  • I’ve learned a lot of hard lessons in my life, and one of them is not to dare people to do the thing you’re most afraid of.

• “You have access to every record that exists, but until you can charge me with something or actually claim something against me, do not kill my company in the process.”

  • Not all the records, that’s why the receiver wants Grant Sidney included in the receivership, so he can see the Quickbooks that belong solely to Grant Sidney. Know who else has seen those books? Senzaki.

• “If the bank wants to make sure they have what they have protected, leave the receiver and monitoring. Continue doing the third party investigation our board began pre receivership. Please, by all means, because it's the only way I will clear my name that you have slandered and smeared. “

  • Easy solution for The Weaver (TM), withdaw the motion to remove the receiver. Also, ma’am you’re the reason you’re in court. You asked for this! What is it you want now?

No notes.

Better title than “If I Did It”

• “The receiver's counsel declined to cross examine.”

  • We will know more about this in May when the transcripts become available, but I’m guessing the bank had something to say? Or were they filibustered out too? Also, why cross examine if all the rakes have been stepped on?
    
    

• “The judge closed it by saying, I haven't made the decision, but if I were to terminate this receivership, that stay goes away. If there are wolves at the door, they're coming in. And my inside voice was audible. I yelled out YES! “

  • There’s something very very wrong with this person. I’m not a doctor, but damn.

• “Oops, I'm sorry about that, judge. Because I understood what he meant, and I do. “

  • Do you though? Is there literally anyone in your life that loves you enough to tell you that you’re in trouble?
    
    

• “But I would rather face challenges that are visible than fight battles behind hidden processes.”

  • The Weaver (TM) is going to be in a lot of court rooms should this receivership end anytime soon. Her proposed Thank You Tour will be short lived at best, as the lawsuits will pile up.

• “Under, Tennessee law, the standard is balance sheet solvency, assets versus liabilities. At fair market value. Uncle Nearest certainly meets that legal standard. “

  • Trust Me Bro.

• “Additional filings are due in the weeks ahead, and then we expect a ruling shortly thereafter, possibly as early as three or four weeks.”

  • Yep, true. And i expect the ruling mid March. Since both sides didn’t even get to the “inclusion” part of the hearing, all the arguments for and against will be filed through the court (this is good, since we won’t have to wait 3 months for transcripts!) unsealed of course.

• “Once the hearing transcripts have been made available, I'll let you know. “

  • Follow the case still hasn’t been updated since 1/20.

• “It'll be good reading. I love y'all. I appreciate you. They call me the People's CEO, and I'm going to bed. Cheers. “

Part of this is probably true.

UPDATE 2/12-

Baby update for today. Pacer just had the transcript posting, image above. Calendar alert set for 5/12/26 for release via pacer. Which reminds me, the transcript from the first hearing is available. BRB.

This is how I imagined the scene.

UPDATE 2/11-

First up, we have a report FINALLY, from someone that was in the court room. I will not be reposting their story.. First, it’s their work. Second, it’s their livelihood, and thirdly it’s behind the paywall. Sign up for $1 for the month. Contribute to the media if you can.

I will be breaking down some key parts of it however, cuz I’m snarky, and I’ve got afternoon cold brew. Let’s go.

• Michael Collins who is the Meowvants (TM) attorney didn’t submit his exhibit list (thought he did Sunday night?) and brought up some things that the Bank/Receiver hadn’t viewed.

  • Lil Oopsie.

• The Meowvants (TM) claimed they were attempting to refute (line by line) the allegations they were facing, and were again focused on the lack of time for the task at hand.

  • There’s too much evidence. Of course you don’t have time to create a story for each thing.

• Michael Collins said “We’ve been drinking from a fire hose.”

  • Bruh, have your pity party elsewhere with all the junk that’s been filed from your clients.

• Cap’N Phillip revealed that Advanced Spirits has called in their debt last week. Forty-Five Million US American Dollars.

  • Pretty sure this is less than a good thing. This makes the total debt at approximately $210 million. Looks like The BroFundMe’s are gonna need a bigger boatful of suckers.

• The Weaver (TM) claimed multiple times that Advanced only asked for the immediate payment because she wasn’t in charge. She claims she had been successful at balancing these debts to creditors through the good relationships she had with those companies.

  • Ermmm. I wonder how many of those companies miss all of the broken promises from The Weaver (TM). While they aren’t getting paid from the receiver, at least they know where they stand. Also, by successful she means she’s been good at bullshitting them all.

• The Weaver (TM) testified, and was the last to do so for the day.

  • Were drinks being served in the courtroom? I know I woulda needed one.

• She threw some propaganda out there, of course, I mean achievements.

• Her rebuttals are more or less what she’s said publicly and in filings. All UN’s problems are because of the receivership. Cratered sales, demand letters for payment, low valuations etc..

  • I forget, is the receiver the one who hasn’t paid taxes since 2018? Is the receiver the one who defaulted on three loans, negotiated a forbearance agreement, then defaulted on that too, didn’t pay the bills to the tune of millions of dollars, lied to investors, cooked up sales numbers in Fawntasyland, fired a CFO who may be bad and then kept him on another half-year and change? Ma’am, this man is here to clean up the mess, not the cause of said mess.

• The Weaver (TM) claimed that “we cut the fat, we cut no muscle” and the receivership has cut muscle.

  • I’m sure all of those laid off employees love hearing they were the fat and not the muscle, but one thing we all have learned by now, The Weaver (TM) cares about one human being only, and it ain’t Keith.

• The Weaver (TM) who was probably hopped up on Copium, stated “If I went to the Courthouse steps and said UN is back in my hands, every store with UN would sell out.”

  • I mean where to start with this one? The delusion? The insanity? She still thinks Clear the Shelves would solve the problems? Myself and many others have debunked the Clear the Shelves campaign. Even if some magical being bought every single bottle, not a dime of that comes to the company. THat money was already spent, and if the judge grants inclusion, we may find out exactly what it was spent on.

• The attorney for Farm Credit perhaps had the best response. “But that wouldn’t make the debt go away would it?”

  • No notes. Bravo Demetra Liggins, BRAVO.

• Anthony Severini (remember this name, he’s in the Menos lawsuit as Fawn’s whipping boy) said “When you’re intentionally lied to as a CPA, that’s fraud. And I feel like Mr. Young (Cap’N Phillip) committed fraud.”

  • During the Army McCarthy hearings in the 1950’s, Joseph Welch said “"Have you no sense of decency, sir, at long last?" To claim that the receiver committed fraud in regards to Genesis Global, who he has made very payment to on time, is beyond the fucking pale.

• There was no rulings, other than what we know, the receivership continues as is unless otherwise ordered.

• The judge closed the proceedings with a soft warning. He reminded that if the receivership is ended, the stay on lawsuits is also removed. He dropped a good line (not quite Hamlet quality), “If there are wolves at the door, they’re coming in.”

  • Lions, tigers, bears, wolves, a few honey badgers are all gonna want to take a bite or two

Latin is fun for the whole family. Even the square ones.

UPDATE #3- 2/10-

We didn’t get the court documents today that we wanted, but we did get some quicks. We got some minutes (boring), and an order (also boring). Let’s break down the order and get on with our day (the exhibit list will be in image form below).

• “On February 9, 2026, the Court held a hearing on Non-Party Grant Sidney, Inc., Defendant Fawn Weaver, and Defendant Keith Weaver’s Motion to Reconsider [Doc. 91] asking the Court to reconsider its appointment of a receiver over Defendants Uncle Nearest, Inc., Nearest Green Distillery, Inc., Uncle Nearest Real Estate Holdings, LLC, and a list of other assets defined in paragraphs 2 and 3 of the Order Appointing Receiver.”

  • Yeah, we know it was 2/9 and zero media attended. Pretty embarrassing showing on the local media by the way. How do you miss that hearing? I’m not pointing a finger at anyone specific, but jesus this is a big deal in the business/spirits world and has garnered attention globally. A real miss.

• “At the end of the hearing, the Court informed the Parties that it would allow them to submit additional materials relating to both the Motion to Reconsider and the Receiver’s Motion for Clarification [Doc. 41] which the Court was unable to hear at the February 9th hearing due to time constraints. This Order governs the submission of these additional materials.”

  • I wonder who talked too much throughout the hearing. Any bets? Probably rhymes with Deceiver. Oh wait, lots of things rhyme with that. Let’s say it rhymes with Dawn. .

• “The Receiver’s Motion for Clarification [Doc. 41]—which seeks clarification as to whether seven additional entities should be included in the receivership estate—was also set to be heard on February 9th. At the February 9th hearing, however, the Receiver agreed to submit his motion on the papers given the limited time available for a hearing.”

  • Cap’N Phillip is like sure boss, I can email that to ya.

• “On or before February 26, 2026, the Parties SHALL submit supplemental briefs regarding the Motion to Reconsider [Doc. 91] and/or the Motion for Clarification [Doc. 41] as may be appropriate.”

  • The parties being EVERYONE involved.

• “These supplemental briefs SHALL address—with record citations and supporting legal authority—the Parties’ post-hearing positions on the Motion to Reconsider and/or the Motion for Clarification. Special emphasis should be placed on what the evidence presented at the February 9th hearing shows, not on rehashing prior arguments.”

  • Direct. Specific. No fucking rehashes. Focus on what was discussed, not some new nonsense.

• “The Parties that have taken a position on both the Motion to Reconsider and the Motion for Clarification SHALL submit separate supplemental briefs for each motion.”

  • Separate briefs. Oh noes. Pacer taking all my monies. Well, not really, the cats do, but every 10 pages filed is one less can of delicious wet food for the ferals. I feel like The Weaver doesn’t like cats.

Please don’t ask me how to interpret this, I have no idea.

• “The Parties may submit supplemental exhibits alongside their briefs. On or before March 5, 2026, the Parties may submit responses to any and all supplemental briefs filed pursuant to this Order. Replies are neither necessary nor permitted.”

  • Where have I heard that “neither necessary nor permitted” line before? OH right, this same court, different order.

• “Finally, and as noted at the February 9th hearing, the status quo shall remain unchanged until such time as the Court rules on the Motion to Reconsider and the Motion for Clarification. In other words (and for the avoidance of any doubt), the Receiver continues to possess all the powers granted to him in the Order Appointing Receiver [Doc. 39], and the receivership retains its original scope.”

  • This is for the most thickheaded of the parties. We all know which ones.

• “SO ORDERED.”

Look, I was obviously not there in court, and those that were aren’t talking. The transcript can only be done via the court clerk right now (90 day pacer delay) and it’s like $4 per page. It’s several hours of testimony, I’m not rich, these cats eat very well, so we won’t know what was said, who talked for how long, and how it ended.

I can however read between the lines, and give some thoughts. So here they are-

• The Weaver (TM) probably filibustered.

• The court probably wants to make sure they get this right, and have all the legalities lined up straight and clean.

• The receivership goes on until further notice, and that includes sale preparation, running the business, and continuing the work they laid out in the quarterly report. That also means investigations continue.

• John Eugster gonna have an emo cry cry one of these days. Those FINRA complaints won’t get better with age.

• Filing date 2/26.

• Response date 3/5.

• Senzaki is not uttering a single peep and yet he is just getting dragged non-stop. This might be the biggest rope-a-dope since Ali.

• On we go.

Folks, I present to you, the New York Times.

UPDATE #2 2/10-

The New York Times has entered the chat. If you’re a subscriber, click the link here.

UPDATE 2/10-

I knew we were going to have to rely on the local media to report back on what happened in court, I just didn’t know we were all going to have to wait so damn long. I got up super early this morning to check, and still nothing. When I know something other than The Weaver (TM) stories on IG, I’ll update. In the meantime another data driven breakdown by Whiskeydecision on IG.

UPDATE #2- 2/9-

The hearing is over, and we have literally nothing about it except that The Weaver is grateful grateful grateful she was in court today, she really likes lemon drops and hamburgers, Keith and Victoria are here favorite people (Sorry Kate), and that she will update us all soon (once she runs her story through ChatGPT obviously).

None of my sources were at the hearing, so we will have to wait for the court documents/orders to see how it went, because the Receiver doesn’t use IG to work the case.

Just remember, the judge could’ve taken Fawn’s wallet, and she would tell everyone how blessed she was.

UPDATE 2/9-

The hearing is underway, and while we wait for any nuggets to drop from local reporting in Knoxville, I needed an excuse to drink some cold brew and type, and Whiskeydecision on Instagram gave it to me. He took the sales reporting from the Receivers Quarterly report (which The Weaver (TM) strangely did not dispute, even though she had claimed $75m) and compared it to the 2024 complete numbers for Four Roses which was recently sold for $775 million.

• FR had $175 million in revenue (sales) in 2024.

• That makes a multiple of 4.4x.

• Fawn claims $500 million in valuation on sales that never approached even half that.

• Fawn multiples would be 20-40x at a valuation of $500 million to $1.1 billion.

• Four Roses is a profitable distillery.

• Uncle Nearest has never turned a profit, and is also not a distillery.

• Fawn really leans into the intangibles of the brand and its place in the market and historical significance. AKA the good old Trust Me Bro Vibe valuation.

• Prior to the receivership, when it was safer to claim numbers that no one in management would challenge, yeah even Eugster, the one non-Weaver board of directors member, this self declared valuation was nutty.

Anyone else refreshing news sites like it’s their full time job today? I am. WSJ, Shelbyville, NYT, Axios…

Did I catch this at a Mardi Gras parade? Yes, yes I did. The world can be a funny place sometimes.

UPDATE #2- 2/8-

Just a quick one, The Weaver (TM) filed a late night updated list of witnesses and exhibits. Couple quick things.

• Added Witness- David M. Ozgo, Former Chief Economist, DISCUS

  • He was with DISCUS about 20 years and left in 2021.

• Added- “ Fawn Wesaver E-mail to Investors”

  • No, that typo isn’t mine. It was in the filing. Fawn Wesaver. Tomorrow should be more of the same.

UPDATE 2/8-

We’ve got a few hours before kickoff (Go Bills!) so I figured I’d just drop a couple of quick hits, things I’m wondering, and a few links to some articles. Regrettably I will not be attending the hearing tomorrow, the logistics were too complicated and too expensive for me to go up there just to say “Hi Kate.” I’ll leave the reporting on the hearing to the professionals. I will do updates with links to their stories, and if anyone wants to share what they saw/heard at the hearing, I will report on that (and court docs/orders).

• Duane Cross has a good article that pretty much is a what’s what recap of the entire story, so if you want a very well done cheat sheet to refresh (or test) your memory, this is it.

• Sometimes whiskey writer who writes a lot about whiskey, Chuck Cowdery also wrote up his own article about the saga.

• Will the judge order the continuation of the receivership or dissolution of it from the bench?

• Will the judge order inclusion or deny inclusion from the bench?

• Will there be several days of deliberations as the Weaver’s continue to liquidate assets?

• If the house was sold to the Pineda’s (friends of), does Keith get to stay there for free? Or does he have an AirBnB?

• Will Kate finally realize what’s going on?

• Will anyone in the court refer to the Movants as the Meowvants (TM)?

• How long will it take for the judge to break his gavel?

• Will Michael Collins cry in the car?

• Will the unbothered and unmoved persona make it through the week?

• Will MomTok survive this?

• How many employees current or former will be in the audience?

• Will any of the investors attend?

• I wonder if the BroFundMe’s will be there.

• This is a great opportunity for The Weaver (TM) to tell the world how everyone on earth is a liar but her.

• Kandi is tired, but she’s a damn national treasure. I wish she was gonna be there for the hearing, but her ride is longer than mine.

• I am behind on responding to people. Like weeks behind. I apologize. I haven’t forgotten, nor am I ignoring you.

• I think there will be a lot of interesting things taking place on Monday that aren’t just the hearing itself.

• I wonder if we will get a hype video at 6am.

Selling your car to make payroll? If so, ouch.

UPDATE 2/7-

Happy day before the Super Bowl to anyone that cares. Today I’m just doing some quick hits and relaying some things I have heard through the grapevine. I’m not declaring that these are true, but I trust that they are based on my working knowledge with sources that haven’t gone wrong once.

• Humble Baron will be open Saturdays and Sundays 12-5.

• There will be drinks only.

• No more brunch.

• They have 3 people left over from the Bleak Friday Layoff Massacre.

• If you want food, you have to go get it yourselves in the Barrelhouse. (no servers).

• Hunble Baron will be making fresh popcorn in that very expensive kitchen.

• The Weaver (TM) may have sold their house in Shelbyville in a pocket sale (no word on closing price). I’m waiting for the deed documents to be made public.

• It is alleged that Alex and Kia Pineda bought it (both are closely tied to the Weavers.).

• Keith may have sold his beloved Mustang to meet payroll for Humble Baron (which could explain why the direct deposit didn’t happen).

• Keith may have been told that he cannot touch any of the bank accounts for the entities likely to be brought in to the receivership. Or he may not have been. Or there isn’t any money in them anyway.

• There are very few people taking tours at the distillery (which is not uncommon in winter to be fair.).

• No word on why you cannot reserve a spot at HB from the website for February or any other month (oddly the mobile version does allow for non-February reservations).

• Cap’N Phillip may or may not be on site next week for several days with interested buyers. Just not Monday.

• The Court has issued a location change for the hearing, as they are expecting a lot more of the public to show up because Fawn is in essence, begging folks to do so.

• That trip for me would be north of $1,000 and since I can’t just use UN funds to fly, hotel, and get my hair done…. I’m faced with 8.5 hours of driving each way. Gonna be a game day decision for me, probably not gonna.

• If anyone gets a voice memo recording of the hearing, please send it to me.

If you’re wondering what yesterday’s pacer entry was all about.

The quality of the filings this week vary greatly.

UPDATE 2/6-

Now that the dust has settled from all of the filings, hopefully it’s rather quiet until Monday. While I don’t expect a lot of court documents to drop that day, I do expect there will be news coming out of the hearing rather quickly. While I won’t be in attendance, I expect local news to be covering it, so it’s not like we will all be in the dark. This morning I wanted to do some quick hits, and I’ll lead with them, but below there will be a short breakdown of an affidavit of The Weaver (TM) witness Anthony Severini that was buried in her bloated filing.

• Gallo is purchasing Four Roses for $775 million. Now ask yourself, is UN worth the $500 million that The Weaver (TM) claims? Also, if she claims it’s a half billion valuation now, what happened to the other half she used to claim? Four Roses did about $170m in sales in 2024. Fawn thinks UN is 12x earnings. I can’t. I just cannot.

• Humble Baron mobile site is showing bookings available for March, but not the desktop version, which has all reservation links removed. Is it going to reopen? Is it not?

• I predict that The Weaver (TM) lies the moment her hand hits the bible at that hearing and doesn’t stop until the end.

• I predict she will attempt to filibuster her way through the hearing, trying to delay and monopolize the time of the court.

• I predict that her bluster will be as out of touch with reality in court as it is on socials.

• I predict that the judge will have to use the Irk Stick often.

• I predict that Keith will crack.

• I predict Kate will speak fast, and use a lot of dressing on a word salad. Hi Kate.

• I predict that this hearing will not go the way The Weaver (TM) thinks it will.

• I predict that facts will defeat vibes.

• I predict that not only will the receivership continue, but that inclusion of the Seventies (TM) will happen, and quickly.

Ok, now for the affidavit declaration document of Anthony Severini, who is the CFO of Genesis Global Workforce Solutions Inc. and is being called as a witness for the Meowvants (TM).

• “Genesis Global is the Employer of Record ("EOR") for Uncle Nearest, Inc., responsible for payroll processing, employee benefits administration, and related human resources functions.

  4. Genesis Global has served as the EOR for Uncle Nearest, Inc. since 2019.

  5. This Declaration addresses (a) the historic business relationship between Genesis Global and Uncle Nearest, Inc. and (b) the relationship between Genesis Global and the court- appointed Receiver for Uncle Nearest, Inc., including relevant communications concerning payroll.”

  • Anthony Severini sounds familiar somehow. This is a Foreshadowing Alert.

• “This affidavit further addresses the continued support of Fawn Weaver and Keith Weaver, founders of Uncle Nearest, Inc., by Genesis Global, as well as my own support, and the future of the business relationship between Genesis Global and Uncle Nearest, Inc.”

  • Is this about to be weird? It’s starting kinda weird.

• “Genesis Global has provided extended financing terms to Uncle Nearest for payroll and benefits for their employees based on our long-standing business and personal relationship with the Weavers and our belief that Uncle Nearest has a strong future with positive potential to keep paying its financial obligations. These beliefs are based on our basic knowledge of their industry, our direct experience with the brand, its market penetration that we have seen first-hand, and our direct positive experience with both Fawn and Keith Weaver. During the time I have known Fawn and Keith, they have honored all their agreements with me and Genesis Global without exception.”

  • It’s weird, UN owes or owed, $200k to Genesis. If that’s honoring all their agreements, I’d hate to see a disagreement, oh wait, that’s part of the Foreshadowing Alert. .

• “Prior to the Receivership being installed in August 2025, payments were being made and applied to the oldest outstanding invoices first. Subsequent to the Receivership, we are required to apply payments to current payroll invoices. Invoices that were outstanding as of the Receivership starting date are continuing to age to comply with the court requirements.”

  • Were they catching up? Doesn’t look like it. Seems like they were paying old debts while accumulating new ones, not quite getting back above water. Kinda like treading water, six feet under the surface.

• “As late as the day before the commencement of the Receivership, Genesis had agreed to continue to process and pay all the employees of Uncle Nearest and Nearest Green.”

  • On credit. Without the generosity of Genesis, the employees would not have been paid.

• “Only as a result of the notification of the Receivership that informed me that the Weavers were no longer allowed to make financial decisions on behalf of the Company, I was required to freeze any new credit to Uncle Nearest. Since the Weavers were now precluded from making financial commitments on behalf of the Company, Genesis Global did not have any assurances from the Weavers on Genesis being paid for their services going forward.”

  • I would like to see the assurances from them prior to the receivership that led a CFO to continue allowing debt to accrue while fronting them money. I’d love to see that contract (not entered as an exhibit).

• “Upon our receipt of the Court’s notification of the Receiver, I reached out to the Receiver to inform them that we are now requiring payroll to be paid in advance. This is our standard practice when a company is in this type of situation. This was not a reflection of our belief in the Company or the Weavers, but a reflection that the Weavers were no longer controlling the finances of the Company and could not commit to making sure Genesis Global was repaid on its services.”

  • Is it me? It’s weird right? They don’t trust the receiver, but they trust the people running a company into receivership? I get that the stay froze all debt, but the receiver was going to pay for new payroll, so in essence, it’s a semantical difference. The Weavers were paying old debt while accruing new ones, the receiver was paying new debt and not old ones. Is this a good witness for The Weaver (TM)?

She didn’t always like the judge.

• “To be clear, payroll for Uncle Nearest was not in jeopardy of not being processed prior to the Receiver’s commencement.”

  • I really wonder what terms were behind this fronting the money. Surely there are terms.

• “During September 2025, I had a conversation with Philip Young to get an understanding of the overall process of the Receiver, status of our outstanding payables and the state of the business. During this conversation, Mr. Young stated he was very bullish on the Company, he believed the Company’s value was much larger than its liabilities. He stated he was hopeful that by the end of the year but most likely by end of Q1 2026, the company would have new financing in place or the company would be sold and believed every vendor would be paid back in full, including Genesis Global.”

  • This was a mere week or two into the receivership. Cap’N Phillip was looking at “books” that were untrustworthy, but he was not aware of that at the time. Genesis is unlikely to ever see a dime of that debt they allowed to grow.

• “Based on those representations, Genesis Global agreed to continue processing payroll even though the creditor stay prevented payment on invoices that Uncle Nearest had been systematically paying down prior to the receivership.”

  • How much was being paid down vs. accrued? The debt to Genesis is $200k ish. Was it $400k prior? $201k?

• “Early in January 2026, I had a follow up conversation with Mr. Young. He stated during this call that no bank offers had come in to refinance debt nor had any acceptable investor offers come in. At this time, he was unsure when the Receivorship would end but that he was informing the bank and the courts that it is unsustainable to keep a receiver in place too long, as it does damage to the brand and general operations will begin to suffer. Additionally, I asked Mr.Young if the Company was cash flow positive now. He stated the company has been running cash flow positive. I then asked if this accounted for the receiver costs, which he said it did not.”

  • Somebody is lying…….

• “On Monday, January 19, 2026, I received a call from Ms. Weaver asking whether I had ever told the Receiver that payroll for Uncle Nearest was in jeopardy of being paid. I told her payroll for the Company, prior to the receivership, was always processed and funded based on commitments from her and our belief in their ability to operate the company and their personal assurances to continue to make payments to Genesis. Since the Receiver has been installed, payroll being paid and processed is now dependent on Genesis receiving funds from the Receiver timely. While the Receiver is in place and the Weavers are not providing representations for the Company, we cannot extend any credit to the receiver.”

  • Pretty sure the receiver isn’t expecting any credit, which is why he’s paying Genesis for payroll. Unlike a certain CEO. I’m still scratching my head about this witness. This doesn’t seem like any kind of smoking gun. It’s a drop in the bucket of things that The Weaver (TM) is facing in this hearing on 2/9.

Ok, so about that foreshadowing alert- I thought I recognized the name, and my Angel on my Shoulder (TM) reminded me of where I recognized it. The Menos lawsuit.

• “At all relevant times, Uncle Nearest outsourced the logistics for onboarding and HR- related training to Genesis Global, which Plaintiff disputes to the extent that Weaver represented via email that she “oversee[s] all aspects of [Uncle Nearest]’s work environment.”

• “In an email exchange between Weaver and Anthony Severini (“Severini”) of Genesis Global Recruiting, Inc. on July 7, 2021, Weaver discovered that Uncle Nearest was not in full compliance with all state sexual harassment training requirements— specifically for its Illinois and New York employees, including Plaintiff—which Weaver told Genesis Global was a “pretty big miss on your part.”

• “Severini replied that “they all receive our handbook which has a policy around harassment and complaint policies.”

• “Plaintiff testified that she never received an employee handbook until October 12, 2021, after lodging her complaint.”

  • Is any of this surprising really?

Lots of sharks passing on this pizza with no cheese.

UPDATE #4- 2/5-

Couple of quick things. The court ordered the documents exposing the SSN’s to be sealed and then refiled with redactions. Which they’ve now done. Gosh bank, you coulda thanked me at least. It’s ok though, it was the right thing to do.

UPDATE #3- 2/5-

107 pages. That’s The Weaver (TM) filing. A lot of it is a giant rehash also known as the airing of her grievances. A lot of exhibits (yes, I’m aware I haven’t broken down the Receiver or Bank exhibits yet). So probably about 10 pages of actual interest, so expect a lot of excerpts.

Before we dive into it, I just have to say I still cannot believe that video, or that email she sent to shareholders. Mindblowing dumbshittery full of lies, lies, and Fawn lies.

Anyone still believing her, that isn’t a bot, deserves what they’re getting or will get at this point. I get sticking around for the paycheck, I truly do, and I respect that, but I’m talking about the true believers, the ones willing to put on sneakers and wait for the UFO’s to show up and take them away…. those folks, have enabled this to go on far longer than it should have, and their time to face the music is coming.

On with the show.

Ok, 3 pages in and I need a drink. She pretty much just rehashes what she’s been filing forever.

• “With respect to the Uncle Nearest brand value, using the Receiver’s own acknowledgement of $41 million in 2024 revenue, which figure excludes GAAP-compliant wholesale barrel sales that have historically been a core component of the Company’s business and are similarly utilized by other major bourbon producers, and applying the conservative 12.9x sales multiple used in prior capital raises, the brand itself is worth greatly in excess of the $160 million, which is the total indebtedness asserted by the Receiver but has not been supported by any filed schedules or financial statements. In sum, Uncle Nearest’s asset base, including hard assets and brand equity, is worth significantly more than the total alleged indebtedness of the Company.”

  • This is some mental gymnastics here at best. 12.9x multiple? PIE IN THE SKY COPIUM.

• “The Movants have developed a defined and actionable plan to reverse the sales degradation that has occurred during the Receivership and to restore the Company to the sales growth trajectory it maintained before the Receivership began.”

  • That plan is to take editable XL spreadsheets and just input whatever numbers make them look good.

The Meowvants (TM) then rehash that they can hire Felicia as CFO, and they have been in discussions with sources of financing (TRUST ME BRO INC.) to fund renewed marketing (note, not fund the operations of an insolvent business). Then some moves to improve sales growth numbers that are divorced from reality. They then say that the bank has provided no financial information or evidence to support the insolvency claim (they did, lots of it in the exhibits that are incoveniently hard to spin to support the narrative she is trying to drive.).

• “The Movants are providing the limited financial information that they have been provided to date and would request that, as part of the hearing on the Motion to Reconsider, the Receiver be required to file under seal comprehensive financial statements and operational documents for the Company.”

  • Not us, just the receiver, so the narrative can be spun. This will not stand.

She then drops some PR on the assets, talking about the distillery, the land, the most visited highest ranked fat free gluten free mumbo jumbo she’s been throwing around forever.

• “During the Summer of 2025, prior to the Receivership, the Company’s management was entertaining two sale-leaseback transactions – both placing a value on the Uncle Nearest Distillery property of $65 million or greater.”

  • Now this sounds like why the bank filed the lawsuit to protect assets from dilution. The Weaver (TM) was about to squeeze the value out of that property, and had the bank not moved, it would have.

• “Some of the Company’s rye inventory valued above $3,000.”

  • For Canadian rye? Are you insane? No shade at Canadian Rye, I’m a big fan of WhistlePig’s sourced stuff, Barrell and their excellent Canadian Rye that ends up in Seagrass releases, and Alberta Premium. But no way is the UN stuff valued at above $3000 a barrel. Right now brokers are trying to move 8 year-old Old Grand Dad aged at 8 years for $1400-1800 a barrel. Don’t @ me, I know OGD isn’t rye.

• “The Martha’s Vineyard property has an estimated value of $4,000,000.”

  • You mean this one?

• “The property in Cognac, France has a value of at least $2,000,000.”

• “Using the 12.9x sales multiple historically applied to Uncle Nearest capital raises — a multiple that is conservative when compared to those applied in recent transactions involving similarly situated brands — the brand’s value as of the first month of the Receivership would have been $528,900,000. “

  • William Shakespeare, in all of his eloquence would reply simply, “Bullshit.”

• “The Receiver has asserted that the Company’s total debt is $160 million but has provided no financial information to support that calculation.”

  • I mean he did. Well, ok, the bank did. See below image.

Tack on the $108 million and counting on the loan alone.

• “Receiver has not provided the Court with financial records to clarify this calculation and has informed the Movants that Company financials will not be shared unless the Movants agree not to submit them in Court filings — a condition they cannot accept.”

  • Well, he says it a little differently. He doesn’t trust The Weaver (TM) with the information, because he thinks Fawn then feeds it to Kate to bloat her sales numbers to make it look like the company is solvent. Hi Kate.

She then goes on in propping up the farcical NexGen power move for the culture BroFundMe offer. We will not be wasting any more time on that group, unless they stupidly write a check.

She then goes on to spin some form of new math that unsurprisingly doesn’t add up, in an effort to prove solvency.

• “While the management team that had been in control of the Company from its founding until the appointment of the Receiver was not perfect, it did shepherd the Company from a start-up with no sales to one of the 30 lar”

  • Yeah I stopped typing mid-sentence because a lot of propaganda followed. “Not perfect” is one way of saying running up massive debts, uncontrollable spending on vanity, ego, non-money generating assets, stealing from employees, and running the company into receivership.”

• “Penelope Bourbon, which is another RNDC brand similar to Uncle Nearest, was out-performing the market and achieving positive year-over-year growth through August 2025, as was Uncle Nearest. Penelope Bourbon’s growth during this period was driven in material part by the successful execution of Limited Time Offers (“LTOs”), a strategy that the Receiver and Farm Credit declined to approve for Uncle Nearest during a critical selling window.”

  • Sorry Matt. Also, sorry, but Penelope and UN aren’t even in the same league, let alone sport.

• “The Receiver also made the decision to forego bottling which caused out of stocks among a number of markets. Instead of bottling product and selling it to RNDC at a profit, the Receiver allowed RNDC to move existing product between its various associated distributorships. Since a distributor is not allowed to move product between states, the only way that this could be accomplished was for Uncle Nearest to accept a return of product from one distributor in one state, issue a credit, and then resell the product to another distributor in another state using that credit. This circular transaction generated no revenue for Uncle Nearest, resulted in lost sales, and allowed the receiving distributor to sell the product without paying for it, while Uncle Nearest bore the opportunity cost.”

  • The lack of concern for RNDC by Fawn is likely just how she views all vendors big and small. Your problem not mine doesn’t inspire confidence in other businesses to want to do business with you. There were massive stocks in Texas, California, and Florida, 18-24 months worth of UN sitting in distribution warehouses. Which was why Clear the Shelves would never work. That would have to have been sustained for at least a year before the distributor might feel compelled to order new product.

The Weaver then continues on claiming that the Receiver is a liar. It’s the usual stuff. No evidence provided (I swear to god they filed this document without looking at the receivers / banks exhibits. Likely because ChatGPT struggles with reading images (nice play Cap’N Phillip, for filing your entire affidavit as images), she probably didn’t even see that there is in fact EVIDENCE.

Lamborghinis are funnier than a truck.

• “With respect to the Quickbooks records that were deleted by a former employee, the Receiver acknowledges that he was made aware of that situation in the first few days of the Receivership and yet, after more than five months, provides no update on the status of those records other than that he “is working to recover that data.”

  • The QB data exists. It’s not lost. Nothing is ever truly deleted anymore.

• “The Receiver has indicated that he “has begun a forensic investigation into the finances and transactions of the company” and that the investigation “is expected to take considerable time to complete.”22 The problem is that we are not before the Court on a fraud allegation. “

  • Not yet. Not yet. Tick Tock.

• “The Receiver has turned this case into a fishing expedition to investigate matters that are simply not before the Court. To be clear, the Movant’s don’t fear an investigation other than the fact that, at a professional fee burn rate approaching approximately $400,000 per month, the proposed investigation taking considerable time will cost the Company more than it should have to afford, considering that, after approximately five months of investigation and approximately $2 million in fees, the Receiver has been unable to identify any allegation of fraud with the specificity that would be required for a properly plead fraud allegation. Indeed, as noted above, the alleged missing barrels are actually now known to not be missing at all and the allegations relating to the Martha’s Vineyard property has been completely debunked.”

  • Let’s be clear, they absolutely fear an investigation. They couldn’t give two shits about a burn rate for a company they aren’t even paying bills for. The bank is paying for that. Nothing has been debunked, no matter how many times The Weaver (TM) says they have.

They wrap up with a request the termination of the receivership. You know, part of me is hoping the Judge just says ok Fawn, you convinced me, here’s your company, go do your thing. We all know how that would turn out, and that’s me being petty, and entertaining my childhood love of setting things on fire (no animals, no property, no crimes). Stepping aside from my cynical attitude, I cannot in any way grasp any possibility that the judge removes the receivership.

I can foresee some sanctions on her however, for that email, and that video. I’ll look over the exhibits over the weekend, along with the Farm Credit ones, and the Receivers and report on anything interesting.

It’s such a bizarre thing to watch such a massive fall from grace in the glow of a ring light and a giant framed selfie in the background - Angel on my Shoulder.

UPDATE #2- 2/5-

What the FUCK did I just watch? I slept in late today, I’ve been pretty exhausted by this past week and I wake up to one of the wildest, most bizarre, unhinged, and decoupled from reality things from The Weaver (TM) that I’ve seen in a long time. The video is on her IG, you know where it is, you don’t need me to link it. I’ll break it down, and there will be screenshots, oh yes, there WILL be screenshots. Let’s break it all the way down.

• “Fam, God is so good. First of all, y'all are blowing up. My DMs and my emails, and just letting me know how much you have my back, my text messages, saying, Y'all are praying, all the rest of that stuff, I love you.”

  • Prayer is about all that’s left to do, and crying, lots and lots of crying. Culties gonna Cult.

• “You should know something about me, though. I have no idea what y'all are talking about a little bit. “

  • If you don’t know what they’re talking about, why this video that will be precisely about what they’re talking about? Also, that “a little bit” was the truth escaping The Weaver (TM) mouth for the first time in a long time.

• “But I've never been one to believe my own press. So I've never read it when it was good. I don't read it when it's bad. “

  • Have you ever looked at the UN website and looked at the massive collection of press releases? Folks, I’m not sure there’s anyone more obsessed with their own press as this person is.

• “So the only way I know when it's been, like, a wild week of press is that y'all will blow me up to telling me you got my back, so I love you for that. “

  • I guess she doesn’t talk to her lawyer much.

• But just know, I started this process unbothered, unmoved. I remain unbothered, unmoved.”

  • I’ll let the commenter below respond to this one.

NO NOTES.

• “I set out to do something, and I was very clear that I was setting out to build the next great American brand. Hard Stop, not Spirit Brand, next great American brand, period.”

  • And that brand was Fawn Weaver.

• “And I also said, I would be the first person to build, lead, and own a spirit conglomerate that had not been founded by led by, owned by a white male.”

  • Sure, and this was an important thing to do. Why you fuck that up?

• “The moment I did that, it put a target on my back. I already knew that, and that's okay.”

  • Why is that assholes always talk about targets on their backs, and never about how that target was so firmly affixed? It’s because you’re an asshole.

• “When you're coming into an industry, that has been gate kept since literally before the founding of our country. You come in, and you can walk through the gate, or you can let the whole world know, I'm just gonna tear down the gate. And everybody else is gonna come in through without a gate. And I was real clear in saying that. “

  • A powerful picture she paints here, and yes, the gatekeeping is in fact real, for women, and POC.

• “So I knew what was gonna happen at some point, but make no mistake about it, and most of you have already seen this. What we're witnessing is literally an attempt to robbery in broad daylight.”

  • Did you disclose this in the PPM risk section that potential investors could see prior to handing over their hard earned scratch? Of course not. The only attempted robbery was what went on through Series A through E investment rounds, and the bank loans, and the not paying vendors, and the missed payrolls, the missing tips for tipped employees, on and on and on. But go on about how the Bank is trying to steal YOUR business that was founded on the backs and money of countless others who will never see a dime in return.

Ma’am, ma’am, WE HAVE ALL HEARD YOU TALK ABOUT THE CASE.

• “Rest assured, it is not gonna happen.”

  • She’s right, it will not be the robbery of her business as she has long been positioning to her culties. But the loss of the company, and her control of it, happened the moment she missed the payment on the Forbearance agreement. That was the day, it was over.

• “You can file whatever you want. You can say whatever you want. But when it comes to the court, you gotta get on the stand, and you gotta go under cross examination, and that's when the details come out. “

  • This is called horseshittery. The details are in the filings. The exhibits. The receipts. You can lie on the stand just like you lie on social media. The facts matter more than your ability to deceive others with dead-eye confidence.

• “So this is what I will tell you. The court, the hearing, it's on Monday. 10:00 a.m. And Knoxville. It's open to the public.
  So those who have such a huge interest in this, show up.”

  • This is either a very shrewd attempt at getting the judge to close the hearing to the public to avoid a spectacle, or she’s just bullshitting people to FOLLOW THE CASE in person and spend more money to show up and give her dopamine hits. I was gonna go, but I’m not spending $1000 on a flight, hotel, rental, food to watch The Weaver (TM) get up and lie. If the courtroom is closed, I beg the judge to have Zoom access, or a livestream of some sort.

• “I think you would be really amazed to see the difference between what is true and what has been filed. And I've been waiting for this day to go in the court before this judge. “

  • We already see the difference. Trust us, we have eyes. We have ears.

‍

• “Be clear. This judge is a very fair judge. He will deal with no shenanigans. “

  • Irony is truly dead.

• “And I've been waiting to get beforehand for about five months, and I'm so excited, and I'm so grateful, and I love y'all.”

  • If only you could have been bothered to be at the first hearing, rather than sending Keith to the stand ALONE, to stand in front and be slaughtered in court. But, that bottle signing was so important. That dopamine hit so coveted.

• “Let me tell you something. Uncle Nearest team, y'all are the truth.”

  • Except for the Humble Baron folks, who we laid off without notice and just said BYE.

• “The way that you have stayed focused and just keep pushing, I love you. We started this mission together. We will finish it together.”

  • There is no doubt in my mind that the people there have worked very hard for a story they believed in. Often at great cost to their mental and physical wellbeing.

Idea credit to CRPRINCE

For someone who doesn’t read their own press they sure do respond and delete a lot of it.

• “To the very end. Love y'all. Cheers.”

  • Beware cups of Flavor-Aid Uncle Nearest Grown Folks Old Fashioned’s

Folks, you can expect this video to be filed as another exhibit. The Judge warned about this kind of thing, so of course she’s out there doing it. This is the stuff that the bank, and the receiver referenced about her actions further damaging the brand and its value. To the very end, will be bitter, violent, and destructive, and there will only be one person to blame when it’s all over, and that my friends, is none other than Fawn Evette Weaver.

To the very end. Love y'all. Cheers.

Don’t worry Bank, a missed kick isn’t the end of the world. Unless you’re a Bills fan.

UPDATE 2/5-

Today kicks off with a baby update of a quick filing by Farm Credit that is merely meant to rectify a lil’ oopsie on their exhibit filings.

• “In support of this motion, FCMA states as follows:

  1. Pursuant Federal Rule of Civil Procedure 5.2 and Local Rules 26.2(b) and 5.3, the Electronic Case Filing Rules and Procedures Rule 12.2, FCMA requests the Court to seal certain exhibits filed on February 3, 2026, in connection with the Declarations.

  2. Certain exhibits to the Declarations require the redaction of personal identifying information. \

  3 Accordingly, FCMA requests that the exhibits be sealed.

  1 Dkt. No. 130.

  2 Dkt. No. 131.

  3 Dkt. Nos. 130-1, 130-3, 130-4, and 130-5; Dkt. Nos. 131-12, 131-13, and 131-14.

  3 FCMA will timely re-file the Declarations with the appropriately redacted versions of the exhibits.”

  • Just their fixing of forgetting to redact a few socials NBD.

Don’t help just film.

UPDATE #3- 2/4-

Well, we knew that email to the investors from The Weaver (TM) wasn't a good idea, nor did we think it was permitted by the receivership order. So, the Receiver just filed a late exhibit, that’s simply a copy of the email she sent, (I reported on it down below somewhere). Here was his filing. BRIEF. Gloriously brief.

• “Comes now Phillip G. Young, Jr., the Court-appointed receiver herein (“Receiver”), by and through undersigned counsel, and hereby gives notice of an additional exhibit he might introduce at the February 9, 2026, hearing in this matter. The Court previously set February 2, 2026, as the deadline for filing notices of all hearing exhibits. The Receiver timely filed his witness and exhibit list on February 2, 2026. On February 3, 2026, the Receiver was forwarded the attached email. This email, authored by Fawn Weaver and sent to shareholders and employees on the evening of February 2, 2026, is relevant to both motions to be heard by this Court on February 9, 2026. As such, the Receiver respectfully adds it as a potential exhibit for the hearing. A copy of the attached email was circulated to counsel for the other interested parties prior to this filing with the Court.”

  • Nothing like a rake to the face.
    
    

The QR code is a dummy, which is on brand….

UPDATE #2- 2/4-

While we wait for the expected deluge of pages filed by The Weaver (TM) (today or tomorrow), we will finally tackle the Farm Credit Motion to support affidavit. Both of the witnesses, and this affidavit have a lot of redundancy, frequently quoting the Receivers 2nd Quarterly Report. I’ll stick to the highlights, and yeah, I can finally feel my fingers again, let’s put them to work.

• “Contrary to the Movant’s assertion that the Receiver was appointed solely to protect FCMA’s Collateral, the Receivership was established to install competent, independent management to halt further dissipation of assets, stabilize the company, and ensure transparent oversight in the face of serious fraud and misconduct concerns. The Receiver has made great strides in these respects, but more work remains that requires that the Receivership should continue.”

  • Competent. Don’t think the banks are above throwing shade at the incompetents.

• “The Weavers’ and Grant Sidney’s own complaint against the Company’s former CFO (the “Senzaki Complaint”) amplifies, rather than alleviates, these concerns.”

  • Shouldn’t have filed that…..

• “In the Senzaki Complaint, the Weavers and Grant Sidney describe a company riddled with fraud and misconduct during the Weavers’ tenure at the helm of the company. In addition, they allege that under the Weavers’ leadership, multiple instances of fraud were allegedly perpetrated upon FCMA, creditors, and shareholders. If true, the allegations reveal a multitude of victims, including FCMA, investors, and other creditors, and bring the reasons this Receivership is needed into sharp focus: asset integrity, stakeholder protection, and the need for competent, neutral management pending a full investigation.”

  • Bank shade seems to hit differently. Also, sounds like The Weaver might one day face a separate civil case?

• “The Senzaki Complaint was inappropriately filed by the Weavers as the claims asserted belong to the Receivership Estate. As such, an attempt to exercise control over the claims violates the non-disturbance and stay provisions of the Court’s Receivership Order.”

  • The bank seems to be leaving no stone unturned. I feel like they will be showing a lot of rakes that have been stepped on during the hearing.

• “Further, Uncle Nearest’s prior counsel admitted that its solvency is questionable and the business was experiencing cash flow issues. Specifically, when asked by the Court whether the Uncle Nearest entities are solvent, counsel to Uncle Nearest stated “Your Honor, I believe there is a solvency question as we sit here today. Furthermore, when asked whether the company is turning a profit, counsel to Uncle Nearest stated that “It has not -- I don't believe it – I believe it has turned a profit, but it is -- we're in a cash flow issue. We're in a cash flow issue.”

  • You may recall that this was disclosed during the first hearing. Keith even admitted this.

• “The Movants’ assertion that FCMA is well-secured by the enterprise value of Uncle Nearest, even if true, provides little comfort in light of the prior statement that “the Board never had the intention of selling the company.”

  • Fair point, and they had positioned that a sale was the likely exit for early investors, until they unilaterally decided they would never sell.”

• “The Movants rely on twisted interpretations of forward-looking opinions made months ago without the benefit of detailed information about Uncle Nearest’s operations and finances to prove Uncle Nearest is solvent instead of any factual showing of present solvency.”

  • Twisted. Now that is a hell of a word. I’m not sure what kind of Flavor-Aid The Weaver (TM) is distributing over there, but don’t drink it folks.

We are pretty sure this kitten was CleoCatra’s baby, who stopped visiting us awhile ago, pretty sure someone brought this cutie inside and kept it. She was sweet.

• “Absent this Receivership, FCMA’s Collateral is in imminent danger of being lost, concealed, injured, diminished in value, or squandered due to potential commingling of FCMA’s Collateral with the Additional Entities.”

  • Hell, this is probably in danger of being lost, concealed, injured, diminished in value, or squandered if inclusion of the Seventies (TM) isn’t granted.

• “The lack of visibility, despite the Receiver’s and his team’s efforts, into the Defendants’ and Additional Entities’ finances to determine how FCMA’s Collateral (which includes cash proceeds) is being, or has been, used is concerning.”

  • So many LLC’s that aren’t even mentioned in the request for inclusion too. That’s long been the question, what was the money spent on? If the assets aren’t worth the bank loan amount, where the FUCK did all that investor money get spent?

• “FCMA has only been able to view limited financial information from the Defendants, which suggests that at least some of FCMA’s Collateral is in imminent danger of being lost, if it has not been already. This situation is worsened by the fact that a “substantial amount [of] financial records before 2024 were erased from the Company’s computer system” under the Weavers’ watch.”

  • No one in that company with access to records had an iCloud backup? LOL. Deleted my foot. Hidden, moved, removed. Second or third sets of books. The information is out there, just needs to be located. Also, if The Weaver (TM) has been playing cute with bank records, imagine how cute they’ll be playing with Grant Sidney’s books.

• “The alternative to the Receiver running the company is returning control to the Weavers, whose management failures necessitated the receivership, which will force FCMA to exercise its rights and remedies, including foreclosure.”

  • It’s true, not everything can be someone else’s fault. She’s the boss of all bosses, and let me tell you, any employee that works or worked there knows that she’s the boss and can't rip a fart without her approval.

• “It is worth noting that, despite discovering the barrel discrepancy created by Michael Senzaki in January 2024, he continued to work for, and/or be paid by the Company, until the end of 2024.”

  • Ermmmmm. He was there post end of 2024, as a consultant.

• “At the Receivership Hearing, Keith Weaver implied that Michael Senzaki was kept on after being relieved of his financial responsibilities. Specifically, when asked why Michael Senzaki stopped working for the company at the end of 2024, Keith Weaver stated “[i]nitially the — a host of investors really enjoyed working with Mike. However, we had some pretty clear need to have strong financial leadership. So effectively, like, Felicia Gallagher, our SVP of financial planning, took over the duties at the beginning of — well, really the tail end of 2023, going into 2024.”

  • Felicia is the one that The Weaver (TM) claims is ready to come back when the receivership is lifted. The one where the receiver said they cannot afford a CFO right now, also I forget why she left in the first place?

• “The Weaver Declaration attempts to attribute all unfavorable aspects of Uncle Nearest to the Receivership itself, while crediting all favorable developments to the Weavers. The allegations in the Weaver Declaration are largely conclusory and ignore the stark realities of how Uncle Nearest came to this point and what the Receiver accomplished.”

  • Standard operating procedure for all things Weaver. It’s never my fault, and all glory is mine.

• “The claim that the Receivership has undermined the value of the brand also disregards Fawn Weaver’s public campaigns and commentary, which have eroded confidence in the brand. In the weeks preceding the Court’s appointment of the Receiver, Fawn Weaver repeatedly violated the Court’s Order regarding publication of statements, even making light of her obligations under it, resulting in the Court’s admonishment.50 Additionally, Fawn Weaver’s “Follow the Case” page portrays the receivership as an adversarial battle between herself on the one hand, and the Receiver and FCMA on the other.51 The site’s tone conveys the Receivership as a detriment to Fawn Weaver and Uncle Nearest.”

  • Will the cats enter the record?!!!! Also, Follow the case still hasn’t been updated since January 8th.

• “See John Mariani, With Bankruptcies and Lower Demand, America’s Whiskey Industry Faces Strong Headwinds in 2026, FORBES, ww.forbes.com/sites/johnmariani/2026/01/01/with-bankruptcies-and-lower-demand-americas- whiskey-industry-faces-strong-headwinds-in-2026/ (Jan. 1, 2026); see also Daniel Kline, Troubled whiskey brand falls into Chapter 7-like liquidation, THESTREET, https://www.thestreet.com/retail/250m-distillery-collapses-into-bankruptcy-like-receivership (Jan, 7, 2026).

  Follow the Case, FAWN WEAVER, https://fawnweaver.com/follow-the-case/.

  Indeed, the page goes so far as to portray the Receivership as a biblical Job-like trial visited upon her personally, creating a polarizing narrative that invites confusion among consumers, vendors, investors, and shareholders. Id.”

  • Dang, we were so close.

This is Heathcliff, who only comes for water, and always makes a puddle. Such a sloppy drinker.

• “Movants’ assertions that the pre-receivership management team is in fact in the best position to oversee the management of Uncle Nearest and continue the Receiver’s investigations is contrary to the record. “

  • Fawn Weaver did not just miraculously become a competent CEO after the receiver took over. She took a lot of money, threw it on a fire, and asked for more. Now that there is no more coming, she won’t just be able to run a lean, less glamorous brand while living a high lifestyle funded by other peoples money.

• “FCMA was aware that the MV Property would be purchased using proceeds of FCMA’s Loans and it did not require a mortgage in its favor on the MV Property at that time. What FCMA was not aware of was that the MV Property would be purchased by an entity other than any of the Borrowers and later mortgaged to an entirely different lender. FCMA relied on the terms of the Credit Agreement, which obligated the Borrowers to use the proceeds of the Loans to purchase the MV Property, to ensure that the MV Property was still effectively part of its Collateral pool as an asset of the Borrowers.”

  • The question is still, why did they mortgage a house that they were supposed to pay cash for? How do you owe two debts on one house that you JUST BOUGHT. Also, owned by Keith, paid for by UN funds.

• “Movants assert that the MV Property was at all times privately owned and could not be owned by the company due to local regulatory restrictions. This contradicts Keith Weaver’s testimony at the Receivership Hearing that although the owner of the MV Property was Keith, he was such owner through a single-member LLC.80 Furthermore, the Receiver noted that the MV Property “was purchased using the Company’s funds and that all expenses have been paid by the Company.”81 Additionally, if there were regulatory constraints on the Borrowers’ ability to do what they agreed to do in the Credit Agreement, this is information that should have been shared with FCMA at the time they executed the amendment providing the funds for purchase.”

  • Keith also recently forwarded the tax bill to the receiver for payment. LOL.

• “The Defendants’ multiple filings are a transparent effort to halt the sale or refinancing process and have potentially reduced recovery under either process.84 Throughout the course of this Receivership, Defendants have filed multiple filings under a different pretense, but with the hidden agenda of stopping the sale process.”

  • We have all seen and thought this as well.

• “The Receiver was clear that litigation at this time negatively impacts his reorganization efforts.86 Defendants’ filing of the Senzaki Complaint is their latest move with severe ramifications for the sale or refinancing process. After conversations with creditors, vendors, employees, shareholders, Receivership consultants, and potential investors, the Receiver has assessed that the Weavers’ recent pleadings filed in this Court, as well as their filing of the Senzaki Complaint, “has further damaged the value of the brand.”

  • No cats were asked their opinions on the matter, but we agree.

Farm Credit then goes on to request that the Motion to reconsider be DENIED.

This is Maggie. Maggie lives a few blocks over, that I visit on walks. Maggie sits in my lap, lets me pet, purrs, and eats delicious Pounceables.

UPDATE 2/4-

Not. ENOUGH. SLEEP. I apologize for the lack of CatToons, I ran out of all the ones I had in the can, and haven’t had time to just think and be creative. So you’ll continue to see the neighborhood Ferals intermittently for the next few days. With the avalanche of things that have already been filed, I expect it to get get even worse when The Weaver (TM) dumps theirs today and tomorrow.

Today we are going to begin with the 2nd declaration affidavit from a Farm Credit witness. We will continue to break down things throughout the day, time and cold brew permitting. Keep in mind that I’ll be doing a lot of excerpts when appropriate because a lot of these filings are referring to the Second Quarterly Report and the Receivers Affidavit, so they might appear shorter or incomplete on the surface.

Let’s go with the testimony from Kevin Larin in support of Farm Credit’s motion in support of the receiver. He begins with his qualifications and experience, for the sake of brevity, we will skip that.

• “Based upon information obtained throughout the Riveron engagement in this matter, Riveron is of the opinion that Uncle Nearest was insolvent as of the time of the Receivership Hearing and continues to be insolvent to date.”

  • It would seem that people that are financially literate all seem to agree that UN is insolvent, I am inclined to believe financial experts over bottle signing experts.

• “Simply put, Uncle Nearest’s outflows of cash were exceeding its inflows, and its debt continued to grow pre- receivership.”

  • I’m sensing a theme here.

• “Riveron has not received any reliable financial statements since our engagement began, so an exact picture of its liabilities is incomplete. However, based on information provided by the Receiver and his advisors, the Riveron team estimates that Uncle Nearest’s current liabilities consist of at least $174 million, comprised of:

  (a) $120 million outstanding obligations to Farm Credit;

  (b) $28 million in notes payable, including at least $20 million in unsecured loans to Grant Sidney, Inc. (“Grant Sidney”);8

  (c) $22 million in trade payables; and

  (d) $4 million in other accrued expenses and other liabilities.”

  • Say it with me folks- One Hundred Seventy Four Million U.S. AMERICAN DOLLARS. I swear every filing just makes the NexGen offer, partners, and investors look even more foolishly stupid.

• “Based on a summary of those qualified indications of interest as provided by the Receiver, none of the bidding parties has expressed a willingness to pay for the Uncle Nearest assets in an amount that would satisfy the estimated $174 million of known liabilities.”

  • I’m probably going to lose a bet about what the company gets sold for, and even my bet was far far far FAR less than the $108 million. Reminder, these are KNOWN liabilities. There may be more that are unknown, which is why the inclusion of the Seventies (TM) is so important. We are far from discovering the total liabilities.

• “Additionally, based on the Receiver’s most recent cash flow forecast, I understand that cash flow is projected to continue to be negative and Uncle Nearest will need additional funding, likely from Farm Credit, beginning as early as March 22, 2026, to continue operations.”

  • Will need additional funding next month. CRIKEY. Can you imagine where this would be had there never been a receivership at all? Six more months of The Weaver (TM) regime would have been even more catastrophic. I mean, they might’ve just closed and run off into the night.

• “In addition, during the pre-receivership period, the management team of Uncle Nearest reported to Riveron a trade accounts payable balance of approximately $12 million.14 However, the Receiver and his professionals have since discovered previously unreported or unknown payables. As such, the unpaid trade payable balance has been revised to approximately $22 million, representing an 83% increase in the previously reported balance.”

  • Whenever telling the truth makes the most sense, The Weaver (TM) ignores all sense and reason, and decides to Fawn gonna Fawn.

• “This dramatic increase in trade payables is a further example of Uncle Nearest’s inability or unwillingness to pay its debts in the ordinary course and further strengthens my opinion that Uncle Nearest is insolvent under the cash flow standard of insolvency.”

  • Inability or unwillingness?. I’m going with both here, with a few dashes of ineptitude, deceit, a sprinkle of indifference, and a whole bottle of pettiness.

• “As of March 31, 2025, Uncle Nearest’s Borrowing Base was approximately $37.7 million, and the amount then owed on the Revolving Line was $65.2 million.18 The Revolving Line was in an Overadvance Position of approximately $27.6 million., or a 73% Overadvance Position. Uncle Nearest lacked sufficient liquidity to repay the Overadvance, and no credible or timely plans to address the Overadvance were presented or communicated to Farm Credit.”

  • No credible or timely plans….. It’s a nice way of saying that Trust Me Bro is not the same as cash money.

This is MooCow. He has an unfortunate face kinda like Pete Davidson, and he loves the catnip. I mean, LOVES it.

• “If a money judgment were entered in Farm Credit’s favor today for the full amount of Uncle Nearest’s obligations to it, as described above, Uncle Nearest would not have cash or assets to fully satisfy any such money judgment. A sale of Uncle Nearest and/or its assets akin to the transaction the Receiver is marketing appears to be the only mechanism for Farm Credit to recover even a meaningful percentage of its damages. Any such sale would be unlikely without the Receivership. Farm Credit’s alternatives to the receivership would include exercising other rights and remedies under the Loan Documents, including foreclosure.”

  • We joked about The Weaver (TM) and their fake distillery, but perhaps we should have been joking about the fake company she has been running. The company has been a shambles for years, and the bills are overdue, and everyone has empty pockets.

• “Uncle Nearest is prohibited from incurring debts under the credit agreement documents without FCMA’s express written approval. In at least four instances, Uncle Nearest incurred debt in contravention to the Loan Documents. The prohibited borrowings resulted in at least $1.8 million of FCMA’s Collateral to be diverted to other parties, including:

  (1) $111,395 to ByzFunder;

  (2) $1,208,000 to Dash Funding;

  (3) $388,215.79 to Diverse Capital; and

  (4) $115,162.65 to Green Note.”

  • ByzFunder offers alternative business funding, it can help companies access capital without going through traditional banks. Businesses can potentially receive quick funding sometimes within hours to a day after applying, with streamlined processes focused on minimal paperwork. Funding amounts generally range from around $5,000 up to $500,000 depending on the product and business profile. It is based in New York, NY and has been operating since about 2018‑2019. Sure sounds like a payday loan, all due respect.

  • Dash Funding provides fast access to business capital, claiming funding can often be arranged within 24 hours after application. It focuses on unsecured business funding, meaning no personal collateral is required in many cases. Hmm… another payday loan? No shade, all of us need the occasional $1.2 million quickly when the need hits.

  • Any guesses as to what Diverse Capital does? Yeah, you’re starting to understand aren’t you?

  • And yep, Green Note too….. Frankly I’m surprised that J.G. Wentworth isn’t on this list somehow.

• “The Record Reflects that Uncle Nearest engaged in fraudulent conduct.”

  • Wait, I need some breakfast popcorn because a giant assed rake was stepped on..

• “By the Weavers’ own admission in their complaint against the Company’s former CFO (the “Senzaki Complaint”),28 Uncle Nearest, Inc. perpetrated fraud on Farm Credit. The Senzaki Complaint states that Michael Senzaki and his Co-Conspirators “distorted the company’s true bottom-line condition, and concealed risks that directly threatened Plaintiff’s equity and value within Uncle Nearest – thereby inducing purported lender confidence that could not have existed absent the fraud.”

  • I said that performative civil lawsuit against Senzaki was a stupid thing to file. The receiver said it too. The bank was like, oh thank you we’ll take it from here.

Someone is about to get a case of the Red Ass, I’ll let the man speak for himself.

• “Uncle Nearest’s pre-receivership posture was defined by an environment of opacity and mismanagement. Uncle Nearest management could not, or would not, provide transparency into the following: its bank accounts and cash transactions; its operational metrics; a full accounting for its liabilities; and an accurate accounting for barrel collateral.

• “In the pre-receivership period, Uncle Nearest’s practices regularly included failure to deliver accurate, timely financial statements, maintain adequate internal controls, and meet ordinary-course obligations to creditors.”

• “As previously described, Uncle Nearest’s pre-receivership accounting records were at best unreliable due in part to non-reconciled balances, unusual journal entries, incomplete accounting for liabilities, and distorted revenue recognition practices.30 No financials that the Riveron team was provided could be relied upon.”

• “Were the Receivership to be terminated, Uncle Nearest would likely return to its practice of not filing financial statements, unreliable reporting that grossly overstated collateral value, a breakdown of basic corporate controls, and violations of the Loan Documents.”

Can you imagine the hearing on 2/9 when The Weaver (TM) attorney asks this man questions? I wouldn’t ask him his name for fear of him setting me on fire with financials.

This is Egg. Short for Easter Egg. We are pretty sure this is Clyde’s mom as they are together a lot.

UPDATE #6- 2/3-

Maybe I got one more in me for tonight. I still have some Jim Beam Distillers Cut in my glass and I don’t want to waste it. Also, another note to the receiver who keeps saying that Jim Beam is shutting down all production in 2026. Not true, just the aging facility in Clermont. Now, Let’s do the declaration/affidavit of Brian Klatt in support of response of Farm Credit, since he was called as a witness by The Weaver (TM).

• “ I am a Managing Director Food and Agribusiness for Farm Credit Mid-America, PCA (the “Lender” or “Farm Credit”).”

  • Oh yes, very nice surely impressive.

Then a bit of background on his duties, experiences, areas of expertise etc… We will skip that part.

• “During this Receivership, Uncle Nearest has made no payments on its outstanding obligations to Farm Credit. In fact, Uncle Nearest’s last payment of $7,500,000.00 to Farm Credit was on April 15, 2025, in connection with the execution of the Forbearance Agreement. As of February 2, 2026, the outstanding obligations total at least $120,850,721.16, which are projected to increase to at least $121,048,266.54 by February 9, 2026 (excluding any increase due to additional professional fees and expenses):”

  • Everything is a rounding error when you can’t pay your bills.

• “The Company’s recent cash flow reports show that Uncle Nearest has no ability to pay the outstanding and increasing obligations to Farm Credit without a refinancing or sale transaction.”

  • Yes. Go on.

• “To date, the IOIs submitted do not demonstrate that a transaction can be consummated that would generate enough proceeds to satisfy Uncle Nearest’s outstanding obligations to Farm Credit.”

  • IOI’s mean “indication of interest". This is the bank saying that we will never be made whole.

He then goes on to share the scheduling of the rolling 13-week operating budget, the infusions of money to the receivership ($3.8 million) and the schedule of it all.

• “Prior to the Receivership, there was little to no transparency for Farm Credit as to Uncle Nearest’s true financial state, including collections, operating disbursements and non- operating disbursements. The Receiver’s compliance with the budget and reporting requirements now provides transparency into Uncle Nearest’s financial state and has introduced a necessary level of discipline guiding Uncle Nearest through its current period of financial distress.”

  • This must’ve been refreshing to have some transparency that Fawn keeps talking about.

• “Uncle Nearest’s inclusion in its certified calculations of the Borrowing Base to Farm Credit of barrels that Uncle Nearest did not own free and clear (whether they were barrels it agreed to purchase in the future or owned at one time but had sold) violated the Credit Agreement and permitted Uncle Nearest to borrow approximately $24 million more than it should have been able to borrow under the Credit Agreement.”

  • The convoluted barrel management of this company is beyond comprehension.

• “The Credit Agreement explicitly excludes from the definition of Eligible Inventory “Inventory that is not owned by a Borrower free of any title defect or any Liens or interests of others” other than certain permitted liens not relevant to this issue.”

  • I”m sure the defense will be “no one told us we couldn’t do that.”

• “The representations and warranties that Uncle Nearest purported to make in each Borrowing Base Certificate were that the assets included in the calculation of the Borrowing Bases were bona fide, collectible, and undisputed. This structure was designed to protect Farm Credit from loaning money to Uncle Nearest without adequate collateral to secure the amount it loaned— the precise situation that happened here.”

  • Sounds like someone was lying to the bank. Sounds like the bank is saying liar liar pants on fire.

• “The discrepancy between Uncle Nearest’s barrel inventory began at least as early as 2023. For example, in February 2024, Uncle Nearest provided a report to Farm Credit allegedly reflecting the barrel inventory stored at Tennessee Distilling Group, LLC (“TDG”) as of December 31, 20236 This report stated that as of December 31, 2023, Uncle Nearest had stored at TDG (i) 22,324 new-fill barrels (i.e., barrels that TDG filled and transferred to UN),7 and (ii) 86,798 total barrels.8 The report showed that TDG had filled new barrels in each month from January through December 2023.”

  • And was it truthful this report?

• “However, Farm Credit also obtained from TDG inventory reports (the “TDG Reports”) for the period, which showed Uncle Nearest had thousands fewer barrels than it represented.9 The TDG Reports showed that, as of December 31, 2023, Uncle Nearest had at TDG (i) 14,054 new-fill barrels,10 and (ii) 63,254 total barrels.11 The TDG Reports also showed TDG had not filled any new barrels since September 2023. In sum, the TDG Reports from the end of 2023 reflected a shortfall of (i) 8,270 new-fill barrels, and (ii) 23,544 total barrels.”

  • Oopsie. No, it was not a truthful report. After all this, it’s a miracle for UN that Farm Credit didn’t sue them earlier than they did.

• “Under the Loan Documents, the Weavers have obligations to Farm Credit and personally granted security interests to Farm Credit to secure those obligations. As additional Collateral to secure Uncle Nearest’s obligations under the Loan Documents, (i) the Weavers executed a Deed of Trust dated July 22, 2022, granting a security interest to Farm Credit in the Dan Call Farm, and (ii) Keith Weaver executed a Deed of Trust on June 6, 2023, granting a security interest to Farm Credit in the Eady Road Property.12”

  • So the Weaver’s have personal obligations to Farm Credit. They have claimed repeatedly that they are not personally obligated to FC, and the bank clearly disagrees.

NexGen and their BROFUNDME movement won’t be able to keep up with the interest payments lol.

• “Additionally, both the Weavers executed the Forbearance Agreement as “Credit Support Parties”.13 In the Forbearance Agreement, among other things, the Weavers acknowledged:

Reminder, always read the fine print.

• “Termination of the Receivership would not cure Uncle Nearest’s underlying defaults. Farm Credit would be entitled to exercise its rights and remedies, including foreclosure. In short, ending the receivership would not restore business as usual—it would force Farm Credit to proceed with foreclosure and other remedies.”

  • Remove the receiver, we foreclose. End of company, end of drama. Proceed as you feel fit.

Only on Bravo.

UPDATE #5 - 2/3-

This will probably be my last update tonight. I’m gassed folks. I’m also aware that the kids these days think “gassed” means high. I’m not the new gassed, but the old tired gassed. These filings were from Farm Credit and the Weaver (TM) and are the witness lists. They also filed affidavits, that will have to wait util tomorrow morning and after a whole lot of cold brew.

Witness list for Farm Credit for the 2/9 hearing.

• “Brian Klatt, Managing Director Food & Agribusiness, of Farm Credit Mid-America,

  Kevin L. Larin, Managing Director of Riveron;”

  • Oh, that’s it. Well ok. Next document then.

Witness list for the Seventies (TM).

• “Fawn Weaver;

  b. Keith Weaver;

  c. Brian Klatt;

  d. Phillip Young;

  e. Tim Stone;

  f. Scott Schiller;

  Katherine Jerkens;

  h. Victoria Eady Butler;

  i. Danny Romano, Romano Beverage;

  j. Anthony Severini, Genesis Global”

  • They would drag Victoria Easy Butler into this? Also, Hi Kate.

The Weaver (TM) also listed a multitude of exhibits they will be submitting, which we will recap when they are visible. Of note, for me personally are these two-

• VR Investments, Inc. Articles of Incorporation dated June 14, 2013

  v. VR Investments Certificate of Amendment to Articles of Incorporation

VR Investments was Fawn’s company prior to Grant Sidney being founded. It was absorbed by Grant Sidney and we know nothing about the assets that VR brought to Grant Sidney upon the merge.

Farm Credit also filed their list of exhibits, which we will break down in another update probably this weekend. There are two declarations of note, and that will be tomorrow morning. I expect them to be spicy.

Exhibits I’m very interested in-

• “Settlement Agreement made by and among Levy Premium Foodservice Limited Partnership, on the one hand, and Shelbyville Barrel House BBQ LLC and Humble Baron, Inc., on the other hand dated March 18, 2025”

  • The lawsuits that were sealed if my sleep deprived brain recalls correctly.

• “Diverse Capital Sale of Future Receipts Agreement dated June 26, 2024”

  • The barrel futures sales.

-

Hi Kate.

UPDATE #4- 2/3-

Now for some excerpts from the Receivers Response to the motion to remove him from the receivership thing. The documents that the receiver filed were commingled (see what I did there?) and referenced much of the same things. There are some nuggets in this one that I will showcase below. Also, because my brain is so tired I cannot be creative in my cat pics. I have two more ferals to show ya, so at least it won’t be one long block of text.

• “To date, no potential purchaser has submitted an offer to purchase the Company’s assets for even the amount of Farm Credit’s secured debt, much less a price sufficient to pay all indebtedness.3 Based upon the reaction of the market, the Receiver now believes that the value of the Company is significantly less than the $160 million total indebtedness, and likely less than the total indebtedness to Farm Credit (meaning that Farm Credit is likely undersecured).”

  • In Mortal Kombat, this would be called FATALITY! which guts splashed all over the screen. Many of us thought that a sale of the assets and the company would make the bank whole. The receiver is now saying that the bank is not going to be made whole. The company value is slightly higher than a bucket of dog shit, but not much more.

• “Not only is the Company insolvent, but its sales are also struggling. While depletions (that is, the number of cases being purchased by distributors to replace sold units) remains solid and well ahead of its competitors, the Neilson data cited by the Motion correctly shows a decline in sales. This is no surprise to the Receiver. First, as the Receiver shared with Fawn Weaver in one of his first meetings with her, contentious litigation – especially contentious litigation that leads to a receivership – always damages a business. Litigation that is as public as this litigation has become is distracting for the corporate officers and employees, and causes the public to question the ongoing viability of a business. This is why the Receiver has consistently suggested to the Court and to the Movants that he must find an expeditious reorganization strategy for the Company.”

  • Oh to have been a fly on the wall at that meeting. Probably the first time in her UN life that someone told her what was what, that she couldn’t ignore or dismiss.

• “Arlington Capital has had two conversations with NexGen but has been unable to verify that NexGen has assets sufficient to refinance the Company’s debt. NexGen also confirmed for Arlington Capital that any offer would be based upon du diligence and that NexGen had done no diligence into the Company’s assets, liabilities, revenues, or profitability.”

  • NexGen surely recognizes that I’ve done all that work for them, and that it would be unwise to make this purchase, but of course, they don’t have the money, and they’ll back out when pressed to put up or shut up.

• “Finally, the Receiver’s research leads him to believe that one of NexGen’s partners was previously involved in Square One vodka, a brand owned by the Company; so, this “offer” may not be an arms’ length offer. All of this leads the Receiver to be skeptical of the legitimacy of NexGen’s “offer”.

  • I wonder if the receiver reads this blog. Kate does. Hi Kate.

• “The Movants allege that competitors are being given access to “proprietary information” that could be used to the competitive disadvantage of the Company. That is incorrect on two accounts. First, the Receiver has no “proprietary information” about the Company, he has provided no “proprietary information” to Arlington, so Arlington could provide no “proprietary information” to any third parties. The only information available in Arlington’s data room is financial information about the Company’s past performance. It contains no secret mash bill nor any secret marketing information – only financial performance data. Second, no party has been given access to Arlington’s data room without first signing a robust non-disclosure agreement (“NDA”). If a third party were to use some information in the data room to the competitive disadvantage of the Company, there would be a legal remedy for the misuse of that information.”

  • It was always a weak argument by The Weaver (TM). That the receiver has to reply to this is kinda sad.

• “The Receiver is in possession of information and records that lead him to believe that the Company might have valid causes of action against Mr. Senzaki.8 However, it is yet undetermined the extent of those causes of action, whether Mr. Senzaki is collectible, and/or whether Mr. Senzaki was operating alone or in concert with other employees, officers, directors, or shareholders of the Company.”

  • I have always maintained that Mike Senzaki was going to have to answer for a lot of things, and may in fact face some jail. However, I also maintain that Mike was directed to do many things, and that while he should have declined to do them, he will face some form of justice for failing to do the right thing.

Say hello to Pistachio. Like an alien, he mostly comes at night. Mostly. So he gets two cans of wet.

• “Beyond allegations of fraud, theft, and lender liability made by the Movants, the Receiver has been contacted by a number of creditors and shareholders who allege that they have been defrauded by the Company and/or its officers, directors, and employees. Over the course of the last three months, the Receiver has collected dozens of documents from the Company’s records and from third parties regarding these matters.”

  • There are quite a few of these documents floating around. I’ve mostly remained quiet about them so as to not risk exposing anyone. I’m glad to see the receiver now has these.

• “It is clear that misrepresentations about the finances of the Company were made to creditors and shareholders alike; it is less clear who made those misrepresentations and who possessed the knowledge of the falsity of the information provided.”

  • I can help with that. It is a Unicorn Cat!

• “The Receiver believes that the Movants, in the exercise of their fiduciary duties as officers and directors of the Company, should have known of the falsity of information being distributed; but he certainly cannot state that they did know.”

  • Not yet anyway.

We also have some possums that we feed. This is Teenage Dirtbag. The cats don’t mind sharing with him.

UPDATE #3 2/3-

Listen, I’m behind. I know this. There are so many filings. I’m definitely skipping around, so just hang in there with me as I scramble to read, update, discuss, etc.. I’ll kick it off with some thank you’s for the offers to fund my pacer bill. I will continue to decline any money while the case is ongoing, and after that, if anyone still wants to throw me a buck or two, it will all go towards feeding the cats in my backyard, their health care, donations to the Pet Hospital that does “free” spay/neutering etc.. It just doesn’t feel right to me to take in money for this, but believe me the sentiment is so appreciated. Now, on with the show, and we will be getting just to the hits as the affidavit filed below, references this quite extensively.

RECEIVER’S SECOND QUARTERLY REPORT

• “The first quarterly report in this case was filed less than six (6) weeks into this receivership matter. Since the filing of the first report, the Receiver has much more clarity on the financial status of Uncle Nearest, Inc. and its affiliates (collectively, the “Company”) and some of the causes of its financial decline. The Receiver’s findings herein reflect conclusions he has reached in the review of thousands of pages of documents; meetings with employees and former employees; discussions with shareholders, creditors, vendors, distributors, potential lenders, and potential investors; input from consultants retained as part of this Receivership; and his operation of the Company for approximately four (4) months.”

  • This man has seen some things in the last few months.

• “When the Receiver assumed control of the Company, it was in financial shambles.”

  • Shambles is one of my all time favorite words. And Captain Obvious here, most companies that end up in receivership aren’t financially crisp and clean.

• “It was unable to make payroll.”

  • I present to you, the PEOPLES CEO (TM).

• “It was over $1 million in arrears on payments to Tennessee Distilling Group.”

  • The actual distillery that makes the whiskey that you claim is Uncle Nearest’s recipe (it is not) wasn’t paid. What did you think was going to happen? Also, remember that the 777 release was not as old as was claimed, and this was because they could not access older aged barrels from TDG because they hadn’t been PAID.

• “It was losing approximately $1,000,000 every month.”

  • Naturally. That’s how high-net worth individuals run their company’s. I think I just strained my eyes from them rolling back in my head when I typed that.

• “The company’s CEO and CFO represented to the receiver that the company’s unsecured debt was substantially less than $10 million. It was discovered that it eclipsed $50 million.”

  • Wait, you mean that a CEO who ran a company into receivership didn’t tell the truth? Consider me shocked, shocked I say.

• “The Company remains insolvent on a month-to-month basis but for the financial support of Farm Credit Mid-America,”

  • REMAINS insolvent. The bank who is owed big money, is now keeping the lights on.

• “Chief Executive Officer represented to the Receiver in the first few days after his appointment that all of the Company’s financial records prior to 2024 had been erased by a former employee.”

  • Which employee? Folks, there were multiple sets of books. One set was deleted, more likely moved.

• “The Company’s barrel count was also exaggerated by more than 20,000 barrels. The Receiver was able to reconcile the barrel count as the Company continued to carry on its books, as inventory, barrels that were sold to third parties (with the reservation of a repurchase right or, in some cases, a repurchase obligation3); however, the inventory count was completely unreliable. “

  • We have all known this for awhile now, but it still hits hard whenever I am reminded of it.

• “The Receiver, with the assistance of his financial advisors, have now been able to reconstruct accurate financial records for 2024 and 2025”.

  • Well, well, well. I’ll bet that the financial records don’t match the quarterly reports that were delivered to the investors.

This is Toffee. This one actually lets me pet her now. She has learned that purring, meowing, and pets get her the good food.

• “The capitalization table did not capture a number of secondary market transactions, all of which were approved by the Company but not noted on the capitalization table.”

  • Side deals. He’s talking about side deals that were not available to the average investor, many of whom really wanted to get the hell out.

• “These repurchase rights or repurchase obligations permitted, or mandated, that the Company repurchase barrels at a substantially higher rate than their sales price. Indeed, the repurchase rate is multiples of the fair market value of whiskey barrels in the market today.”

  • And people still want her to remain CEO? Jesus, if any of us were 1/100th as incompetent at business like The Weaver (TM) we would be fired so fast.

• “The Receiver has taken all steps to maintain the Company’s existing intellectual property. He has also taken steps to maintain the Company’s relevant licenses with state and federal authorities.”

  • You’re welcome Cap, just doing our part.

• “The Receiver discovered that the Company has not filed federal tax returns since 2018. He is working with the Company’s accountants to develop a timeline and a budget for bringing the Company into compliance with Internal Revenue Service and federal tax law requirements.”

  • Any one of you out there reading this, try not paying your taxes for 6/7 years. Say it to your kids, they’ll love it.

• “The Company is unable to simply “operate” its way out of its current financial condition. Therefore, the Receiver retained Arlington to identify potential refinancing sources for the Company and/or to market the Company’s assets for sale, based upon the Receiver’s recognition that the Company cannot remain in this Receivership in perpetuity.”

  • The business cannot come out of this. It cannot “Clear the Shelves” into profitability. It is slowly drowning in its own debt, declining sales, and a brand that may never recover.”

• “The Receiver identified the Company’s assets located in Cognac, France as assets that could be liquidated without impacting the Company’s operations, and should be liquidated in order to reduce the Company’s indebtedness. Fawn Weaver initially indicated to the Receiver that she had a party that was willing to pay $10,000,000 for the real property in France and the personal and intellectual property associated therewith. The Receiver had subsequent conversations with the potential purchaser, who indicated that he would be willing to pay a reduced price of $7,000,000. After the Receiver performed his due diligence on the value of the assets, and he began pushing the potential purchaser for a written agreement, the potential purchaser indicated that he was no longer interested. The Receiver believes that the potential purchaser backed out at the behest of Fawn Weaver after the Receiver had indicated to Ms. Weaver that the Receiver intended to use the proceeds from the sale to pay down debt of the Company, not for ongoing operations. The Receiver believes that Ms. Weaver intended to use the proceeds from the sale of the French assets as “proof” of the solvency of the Company. “

  • If only she had used her powers for good. If only. What a stupid thing to do. Obstructing things, making it impossible to sell things, all for what? To bleed the bank for a few dollars more? The Weaver (TM) is going to crash and burn on the stand.

• “The Receiver likewise believes that the Company’s house in Martha’s Vineyard should be liquidated.4 The Receiver has identified a real estate professional in Martha’s Vineyard who has given him an estimated value of the property and has agreed to list the property for sale. The Receiver intends to sign the listing agreement this month.”

  • Bye bye MV house. We hardly knew yeeeeeeee.

• “The Receiver is also communicating with two potential parties about the sale or transfer of the Company’s assets associated with its vodka product. Based upon conversations with consultants, industry experts, and potential purchasers, he believes that the value of the vodka assets is negligible.”

  • As a former Californian this hurts my heart to read this. As readers of this blog may have noticed, Square One Organic Vodka gets a lot of love from me. The problem with this is that the value isn’t negligible, but the cost to revive it is substantial. That The Weaver (TM) helped destroy this brand for no other reason than she could, really irritates me beyond reason.

This is Cleocatra. She is not impressed with King Narmer.

Folks, Captain Phillip is ready for this.

• “The Receiver is aware of recent pleadings in which Fawn Weaver and Keith Weaver allege that the Martha’s Vineyard real estate belongs to Keith Weaver, not the Company. While the Receiver will deal with this in more depth in other pleadings, the Receiver will note that the real estate in Martha’s Vineyard was purchased using the Company’s funds and that all expenses have been paid by the Company. In fact, as recently as December 31, 2025, Keith Weaver forwarded the tax invoice for the Martha’s Vineyard real estate to the Receiver for payment.”

  • I just blew milk out my nose reading this, and I don’t even drink milk. Keith, Baba, you goofy ding dong. You forwarded the tax invoice to the receiver for payment. Say goodbye to the house baba.

• “The Receiver has identified a number of very questionable transactions in 2024 and 2025 involving officers and directors of the Company.”

  • Let’s see. Officers of the company. CEO Fawn Weaver. CBO Kate Jerkens. Hi Kate. Directors of the company. Eugster, Keith, Fawn. No Senzaki on the board. RUH ROH. This is not a throwaway comment by the Cap’N. This means he know some shit went down, but he needs more details before acting.

• “In fact, the Receiver believes that pursuit of any such high- profile litigation prior to the sale of the Company’s assets or the refinancing of its debt would negatively impact the Company’s ability to effectively reorganize and continue operating. Therefore, his primary focus at this time is on the Company’s continuing operations, not its potential causes of action.”

  • Bank first, then the fraud, got it.

• “Bank accounts with cash balances remain in a French bank, over which the Receiver will not have exclusive control until the French courts officially recognize this Court’s Receivership Order. Likewise, the Receiver does not have control over bank accounts in the names of certain entities that are detailed in the Receiver’s Motion for Clarification filed with this Court on September 12, 2025.”

  • Hmmm, where did all that money come from that ended up in France?

• “Of particular concern is the discovery that the Company has not filed federal income tax returns since 2018.”

  • Of particular concern gets the nomination for understatement of the day. A world record probably.

• “Overall, cash resources remain limited, necessitating tight cash management and prioritization of critical expenses.”

  • As is prudent when a company is broke as a joke.

Not bad Cap. Not bad.

• “The Receiver will continue his review of historical financial records and intercompany transfers to uncover any irregularities or potential recovery opportunities. Special focus will be placed on officer and insider compensation, travel and marketing expenditures, and the identification of potential preferential or fraudulent transfers.”

  • If I was a certain Unicorn cat, I would find this concerning. Pretty sure budgets used to be created not on what the financials were, but what Fawn wanted to spend. If the receiver is looking into that…..

• “The Company cannot operate in this Receivership in perpetuity. However, the Company is insolvent. The Receiver believes that the Company would be forced to cease operations within sixty days without: (a) continued cash injections by Farm Credit; (b) the stay of litigation provided for in the Receivership Order; and (c) the legal, financial, and operational guidance of the Receiver and his team of consultants. The cessation of business would cause the loss of nearly 70 jobs and the disappearance of a brand with significant social and cultural value.”

  • Don’t worry Cap, I’m sure that NexGen will step in for the culture. lulz. These clowns. Anyway, if the receivership is removed, it’s over. The receivership IS the life support. There is no Wizard arriving from the west with an army of investors and sacks of money to restore glory upon this brand.

• “Within thirty days, the Receiver believes this Court will either have dissolved this Receivership, as the Defendants request, or will have authorized the Receiver to move forward with his attempts to stabilize the Company through the refinancing of its debt or a sale of its assets.”

  • Start the clock folks. Sales are coming, and the process is already set up.

• “The Receiver believes that all non-essential, non-income producing assets must be liquidated as soon as possible, and a total refinancing of the Company’s debt or a sale of the Company as a going concern must be completed by no later than the second quarter of 2026.”

  • Three months. Three more months. That’s the timeline now. If the court keeps him on (they will), it’s all gone.

This is Clyde. She came with the house. Our longest regular.

UPDATE #2- 2/3-

Damn, that receiver affidavit nearly broke me. There’s many more documents to do, so I’m going to slowly get through them. I’m out of cat pics, so for this update you’ll get the images of the actual feral cats that we care for. They have been the inspiration for the cat pics. So, here we go first, with an email that The Weaver (TM) sent to investors and the UN team after the Receiver had filed his affidavit.

• “Sixth Man and Uncle Nearest Team, I have never sent an email to both of you at the same time, but given what was filed tonight, it was important that you hear from me directly and without delay. I just reviewed the Receiver's Affidavit. We will address all of its conclusions point by point at next week's hearing and in additional filings over the coming days. However, there is one issue I could not wait to address because my integrity matters too much to me to let it sit even overnight.”

  • I’m trying to stifle my laughter at this point. Integrity. Ma’am, I don’t think you know the meaning of the word. The affidavit was akin to her being put in an iron maiden and baked at 500 degrees in front of the entire world. She couldn’t sit quietly and let this run through the courts because she got red assed.

• “I want to be absolutely clear. Neither Keith nor I have ever personally gained anything monetarily from Uncle Nearest. The receiver and his team did not ask us about the transactions they have now referenced. Had they asked, we would have provided the same complete explanations and documentation we are now submitting to the court.”

  • Ma’am, it’s unfathomable that you or Keith did not receive money or benefitted from Uncle Nearest. For you to keep saying it only makes it even less believable. Also, they did ask, you explained, and they simply didn’t believe you.

• “The $20 million dollars referenced in the Receiver's filing came from me selling my personal shares, with 100% of the proceeds invested directly into Uncle Nearest. Not a single penny was kept by me. That infusion is why the company had substantial cash on hand at the end of Q1 2025.”

  • How did you sell those personal shares? On what market? At what price? To WHOM? Why didn’t investors who wanted to get out also get access to this same deal? Who approved the sale? You? Keith? Eugster? Is this a case of self-dealing?

  Although those shares were mine and I could have sold them for personal benefit, I never have. I have never sold a share of Uncle Nearest without immediately putting the proceeds into the company. Not once.”

  • It’s difficult to deny that selling shares, to infuse cash into a failing business is not for your personal benefit.

• “I also did not want to dilute any of you. That is why I brought this plan to our Board and to our four major shareholders in advance. I received written approval, and the transaction was done transparently and with full knowledge and consent.”

  • I mean, other than the extra rounds of investment after I told you that there wouldn’t be any more rounds, yeah, I didn’t want to dilute you further, again. Also, it’s crazy that she keeps saying “brought it to the board” ma’am, you ARE the board, as John Eugster will now say he didn’t know nothing about nothing. Also, the independent investigation of Senzaki that the board initiated without your knowledge, fuck me this is just biblically stupid.

• The Receiver knows all of this. He has the bank statements that prove it, statements that were provided directly from the bank to him and his team. And yet, what was filed tonight suggests the opposite.”

  • Yes, yes he knows all of this, and more!

• Because of that, I am sharing with you the entire unredacted transaction history related to the twenty million dollars. Nothing filtered. Nothing omitted.”

  • Trust the person that has continually lied, sure sure.

Before we continue this nonsense, is The Weaver (TM) even allowed to have sent this email? She’s not the CEO right now. This seems to be a gigantic rake she stepped on, and you’ll see why as we continue.

This is Alphonse Capone taken a few days ago. He’s healed, healthy, and is the inspiration behind the cigarette smoking cat. Tough as nails this one, seen some shit.

Fawn then goes into some word salads about explaining the $20 million transaction, floods the zone with a whole bunch of no-context transactions, so there’s no need to rehash it here because the receiver broke it down already, and Fawn will have her day in court.

• Over the next few days, I will contact as many of you as I possibly can, because it is time you hear directly from me. Following the appointment of the Receiver, I intentionally stepped back from direct investor communication out of respect for the process and to avoid interfering with refinancing efforts.”

  • According to the affidavit filed by the receiver, you became so adversarial he just sidelined her entirely.

• “I now recognize that doing so created a vacuum of information that only I could fill.”

  • Only I can save us. So gather around and rally upon meeeeeeeee!

• “If I do not reach out to you directly, it is only because my understanding is that you may currently be in the midst of the Arlington Capital sale process, and I want to be careful not to interfere in any way. That said, my cell phone number has not changed, and you are always welcome to contact me.”

  • Or you won’t reach out to them because there is a good chunk of investors that would like to sue you, or get out, or both.

• “Despite how personally harmful and hurtful tonight's filing was, I remain committed to respecting the legal process as it continues to unfold.”

  • Make no mistake here, this was a very public dismantling of The Weaver (TM) narrative of being a successful CEO of a successful company. Personally harmful? Sure, when all that truly matters is how the world perceives you, it’s easy to find that harmful. Hurtful? Probably not as hurtful as the Humble Baron employees losing their jobs with practically zero notice. But go on with how hurt you are.

• “My priority has always been, and will always be, Uncle Nearest, our team, our customers, and our Sixth Man. Even with my name being questioned in public filings, I have not and will not waver from that commitment.”

  • At this point The Weaver (TM) is tied directly to whatever happens to UN. If it’s sold, she’s out, and the lawsuits rain down from the heavens with a hell fire not scene outside of a movie theatre. She needs to stay on, because without it, she’s nothing.

She then rehashes how everyone told her to file for bankruptcy when the lawsuit began, and she didn’t do that because it would’ve wiped out the investors. In truth, without the cult investors standing by her, it all crashes down in an instant. In Bankruptcy, the books get opened. So all of this was inevitable anyway, she chose receivership instead hoping to bamboozle the receiver into saving the company, and her.

Now for the most interesting admission-

• “Some of you have also asked how we are continuing to cover the significant legal expenses associated with this process, and how we intend to do so going forward. Keith and I have chosen to fund this personally.”

  • Chosen? Chosen? Ma’am, no one else COULD. You can’t get a loan, you’ve run though damn near every firm in TN (paid any of them?), and you don’t have UN funds to use!

• “To that end, we have placed, or are in the process of placing, all but one of our non Uncle Nearest related real estate assets up for sale, including our personal residence.”

  • I’m sorry, must’ve missed this part of Sunday with the Weaver’s. Perhaps a deleted scene? Keith in TN not just to shutter Humble Baron, but also to give tours of the house and start selling lamps on Facebook Marketplace?

• “We have spent more than 25 years building that real estate portfolio, and we are at peace with this decision because finishing the mission we set out to accomplish means more to us than holding on to those assets.”

  • Oh brother. In the end, Keith will have to ask himself if this was really worth it. He had a good life before UN, and now, that’s being dismantled to pay for lawyers due to Fawn’s Folly. .

• “I share this not for sympathy, but so you have clarity and transparency.”

  • Oh it’s for sympathy, and also because she knows the listings/sales will become public. I have an Angel on my shoulder looking to see when they close. The transparency is just her getting ahead of things she cannot hide.

• “I am truly sorry that you are having to be part of a journey none of us ever anticipated. Please know that I am committed to transparency. Now that the independent investigation findings are no longer constrained by litigation posture, I am able to speak more openly. When I reach out, I welcome any question that you have, and I will answer it directly. “

  • If any of you investors would like a list of questions to ask, I know a guy. Also, there is no one less committed to transparency than The Weaver (TM), trust me bro.

Me while trying to get in a few winks.

UPDATE 2/3-

Today’s update might seem a bit disjointed, and that’s because I was exhausted and couldn’t complete the entire receiver affidavit before crashing out. This part will be a continuation of the documents I began breaking down last night. So, it might appear out of order, because it is out of order. I will encourage you to check back today, because there are other documents I haven’t even read yet to dissect. You have my apologies and condolences.

The above text is telling. Fawn’s marketing efforts have noticeably declined during Q4, and her actions and statements have deteriorated the brand. We all witnessed this with our own eyes. Increasingly out of touch with reality, the classmate folly, bottle signings in empty stores, etc… we all figured this would have an impact, and it seems to have.

• “The vast majority of independent liquor stores”

• “On-premise locations such as bars and restaurants”

• “Control states, where state authorities regulate sales.”

• “E-commerce sales channels and direct sales from producers”

• “The Weaver Parties allege that the spirits market has not materially declined since August 2025. That is contrary to all data I have reviewed from industry sources such as Mark Brown’s Industry News Updates, which have consistently reported on the precipitous and continuing decline of sprits sales.”

  • Pretty much The Weaver (TM) cherry picking data that she finds appetizing.

The amount of of preparation for this filing must’ve caused more than a few grey hairs.

• “The Weaver Parties fail to differentiate between revenues and profitability. It is true that revenues have decreased, for reasons discussed herein and in my second quarterly report. However, as my second quarterly report indicates, profitability has increased. Prior to the receivership, the company was unprofitable by approximately $1 million per month. Under my guidance, the unprofitability has decreased to $100,000 per month. In other words, the company’s annual profitability has increased by approximately $10.8 million, despite any decrease in sales revenues. Any business in any sector can increase revenues if it is willing to operate at a substantial loss; however, revenues without profitability is not sustainable.”

  • Unless, you’re running a ponzi scheme, the receiver is absolutely correct.

Remember when The Weaver (TM) used to go on socials and rattle off sales percentage increases? Those were fun times.

• “Because I have not been given access to source data for any years prior to 2024, I cannot confirm the accuracy of the Company’s reported revenues for 2023 and before.”

  • Somewhere there are XL spreadsheets (editable at that) that might tell one hell of a story, and not the one that was being force fed to investors.

The Weaver (TM) still trying to make bad business decisions, finally had someone tell her no. If only Cap’n Phillip had been there years ago.

• “By late October, as the pleadings in this case reflect, the Weaver Parties became much more adversarial with me and my team.”

  • Once they figured out Cap’N Phillip wasn’t a hayseed, of course they went frosty.

• “I became much more careful about my direct interactions with Ms. Weaver and, to a lesser extent, her management team due to concerns regarding ethical conflicts.”

  • Hi Kate.

• “By mid-November, I effectively began engaging with senior management exclusively through my advisor, again for fear of inadvertently violating ethical requireents if discussions about the company spilled over into discussions about the filings of the Weaver Parties.”

  • It’s gotta be hard to be the boss, and have to answer questions from employees you might not have reason to trust.

• “In late December, as things became even more obviously adversarial, I formalized this policy by informing the Weaver Parties counsel that I would only address senior management through my consultants and would only address him through my legal counsel. Given my confidence in my advisors and legal counsel, I did not believe this would hinder operations while it would ensure that I met my ethical duties as a licensed attorney in this state.”

  • Damnnnnnnnnn. The receiver told them to kick fucking rocks, politely no doubt.

• “Relatedly, the Weaver Parties complain that I ceased giving them access to my teams internal financial forecasts that were only intended for my use and in order to support requests for additional funding from Farm Credit. It is true that I instructed my professionals in mid-December to stop providing our rolling 13-week forecasts to the Weaver Parties. I gave this instruction after we noticed some anomalies with the sales forecasts being produced by employees of the company.”

  • Uh oh. This is about to be a very bad moment for Kate.

• “Kate Jerkens is the employee upon whom we rely to provide sales forecasts for future weeks, which would then be incorporated into our 13-week budget. My financial team and I began noticing that the sales forecasts for future weeks were becoming increasingly unreliable and overly optimistic.”

  • False. The word the receiver is looking for is FALSE. Hi Kate.

• “For example, Ms. Jerkens produced sales forecast for January 2026 (one of the weakest months for spirit sales) that showed a 20%+ increase over the actual sales for November 2025 (one of the strongest months for spirit sales). As we looked at these sales forecasts more closely, we realized that the sales forecast was seemingly made to show slight profitability over the expenses that were forecast in prior months.”

  • Did you know that Kate is also a shareholder? Hi Kate.

• “This led us to conclude that Fawn Weaver was likely transmitting the 13-week budget to Ms. Jerkens with instruction that she “balance the budget” with her sales forecasts.”

  • Folks, I know that these updates are an awful lot to digest. I’m including so much of the testimony here because it’s all so important to understanding this case. This line here, about Fawn directing another employee to “fix” it is what FRAUD is all about. There are so many instances of Fawn directing someone to do something to make things look better than they are, which is then packaged up to investors while holding her hand out for more of their money.

• “As a result, I asked Ms. Weaver to sign an NDA in which she would agree not to disseminate the 13-week budget to any employee or attach it to pleadings with this court. She refused, so we ceased sending her those forecasts. While she does not have access to our forecasted budget, she continues to have access to actual performance data.”

  • Well well well, the Queen of NDA’s wouldn’t sign one herself? That’s rich. Also, just another Hi Kate, being a “good german” that’s just following orders never turns out well.

I never had a chance against pacer this week.

• “The Weaver parties also allege that I lack the requisite experience in corporate reorganizations to reorganize the company. They claim that my only experience is in liquidations. While I do have extensive experience in liquidations, I also have significant experience in reorganizations. The Weaver Partiers should know this, since they and their counsel at the time vetted my experience before recommending me for this position, and their current counsel should know this since we have practiced in many of the same courts for over two decades.”

  • Michael Collins just got lil’ bro’d.

• “I note that the Weaver Parties claim to have a refinancing source that is part of their restructuring plan. I have consistently asked Ms. Weaver to direct any potential refinancing sources to me so that my team could discuss with them their ability and interest in refinancing the debt. To be clear, I certainly have no objection to allowing an acquaintance of Ms. Weaver’s to provided refinancing and leaving the company intact. Indeed that’s my preference.”

  • Let me guess, she didn’t hook you up with this source.

• “I do not believe it is possible or advisable to pursue a partial refinancing of debt. If the company does not refinance the entirety of its debt, it will be left unable to service the remaining debt. Further, we have found no source willing to offer subordinate lending in a sufficient amount to resolve the company’s cash flow issues.”

  • It’s insolvent. The only way it could work is with a clean slate, and that will cost almost $200 million to do.

• Finally, while the Weaver Parties allege that I should pursue a refinance of “unsecured assets”, I do not believe that any assets should be considered unsecured. As mentioned herein, the Weaver Parties ran all companies as a single enterprise. Any asset that is technically “unsecured”, such as the chateau in Cognac, was purchased with funds advanced by Farm Credit.”

  • Christ. Everything is stained.

• “The Weaver Parties consistently argue that they could successfully run the company if the court were to return them to control. I believe this is unlikely for a number of reasons. First the Weaver Parties have failed to consider a number of expenses that they would bear if they were returned to control of the company. The current and historical numbers show that the Weaver Parties cannot operate the company profitably.”

  • Oh snap! Do people still say Oh Snap?

• “They say that they have identified a qualified CFO to assist in the management of the company; however, there are no available funds to pay a qualified CFO. They claim that they have an accounting firm waiting to assist. In fact that accounting firm is owed a substantial sum of money and has indicated to me that it is unwilling to provide services for the company without a very substantial retainer, which the company cannot afford without a further capital infusion from Farm Credit.”

  • Line by line, he’s just calling out all of The Weaver (TM) claims. Bullshit this, that’s too is also bullshit, and oh look over here, more fresh bullshit.

• “The Weaver Parties also allege that they have a qualified board of directors that will serve as a check and balance on the business. However, the Weaver parties themselves make up two of the three board members, and my review of the company’s records indicate the the board never properly fulfilled its duties.”

  • Hi John Eugster. You ready for some quality time in the barrel yet?

When the place is on fire, you don’t have to be told that it is on fire to know that it is on fire.

• “In fact, the third board member (and the ONLY board member that is not one of the Weaver Parties) had indicated to me that certain information about the finances of the company were withheld from him. For clarity, I have neither confirmed nor contradicted that claim as of this date.”

  • Eugster playing dumb will not save him here. It’s very likely he knew, in fact, it’s alleged by quite a few people that he definitely knew. Also that last part, “as of this date.” Tick Tock.

• “Finally, the Weaver Parties claim that multiple shareholders are reaching out, asking that Fawn Weaver be returned to control of the company. That may be true, as the company has approximately 200 shareholders with various levels of understanding concerning this proceeding and differing levels of loyalty to the Weaver Parties.”

  • Idiots, culties, and the deliberate ignorance of the facts.

• “However, I know that more than a dozen shareholder groups have indicated to me that they do not want me to take any action that would return Fawn Weaver to control of the company; many of those shareholders have even threatened suit agains the company and/or the Weaver Parties concerning representations that they allege were fraudulent.”

  • Fraudulent indeed good sir. Very very fraudulent. Made up revenue totals/sales, liquidity etc… Investment rounds that were for Cognac but ended up being spent on Vodka….. It’s only alleged so far because there is no case filed, because of the stay.

• “The Weaver Parties seem to criticize my forensic investigations. At times they say I am doing too little in this regard; at times they argue that a complete forensic investigation is unnecessary. I wish to clarify the status of these investigations for the sake of clarity.”

  • They want certain things investigated, but not THOSE things.

• "The Weaver Parties also criticize me for not yet recovering financial records that were allegedly erased from the company’s computer system in early 2024, under the Weavers watch. The recovery of that data has proved more difficult because we believe that the company’s financial data was hosted inappropriately QuickBooks account owned by Grant Sidney, and not UN. Since Grant Sidney is not yet a part of this receivership, we cannot confirm the status of that account with Intuit.”

  • Remember, Mike Senzaki was still employed at this time. And would be for awhile after.

• “There is also some question about who actually deleted the financial records. Some employees blame other accounting employees for deleting the records, while some employees blame Ms. Weaver for deleting the records. I am working to recover those records (without the inclusion of Grant Sidney) but that last will be much simpler if this court grants me authority over Grant Sidney.”

  • I wonder what employees would blame accountants. Hi Kate. Also, why would accountants delete records? They were 1099’s probably.

• “At this point in my investigation, I have uncovered a number of questionable and legal transactions. I believe I have identified some of the participants in those transactions, but at this juncture, I am not prepared to file causes of action under Rule 11 based upon those transactions. Moreover, I do not believe that I have identified and/or eliminated all potential defendants; until I get further into my investigation of the company’s records, it would be imprudent for me to file a complaint that might need to be amended multiple times.”

  • Always trust a slow and steady investigation that doesn’t make allegations about someone’s sexual preferences. Never trust one that does make those allegations. Also folks, this is the signal that crimes were likely committed and he knows it, and knows who.

• “More specifically, I am aware that the Weaver Parties have attempted to use statements from prior pleadings to exonerate themselves from any liability. For clarity, based upon my investigations to date, I am not prepared to bring any causes of action against the Weaver Parties; neither am I prepared to represent to this court that they did not personally benefit from the company (either directly, or indirectly, through a company whose financial records I cannot directly access) or otherwise cause redressable injury to the company.”

  • Essentially, I’m not saying you did a crime. Nor am I saying you did not do a crime. But I am looking to see if you did.

• “The same is true for allegations of lender liability. I have yet to conclude my investigation into the relationship between the UN and Farm Credit, which could hinge upon communications between Farm Credit and Mike Senzaki. I have recently gained access to the former CFO’s email accounts and can begin researching that issue in earnest. Again, I cannot bring any cause of action against Farm Credit under rule 11, nor can I clear them of any lender liability.”

  • Ohhhhhhh the Senzaki email accounts!!!

Payroll is a bland term that hides that there are actual PEOPLE that did work with the expectation being paid for that work, and the PeoplesCEO (TM) didn’t have the money, but took the work from them.

That folks is 38 pages of the 65. The rest are exhibits. I’m tired. There’s more documents to go over. More filings today. I’m cooked.

It was important to share the words of the reciever in his own voice and not read a report on them with the basic essence of the thing. This was a very big update, largely confirming what I already knew, but for the public, this was no longer some blogger that feeds the feral cats in the neighborhood saying it, it’s the functioning court appointed CEO saying it.

It’s like a thousand suns raining sunshine down upon a sordid affair that has been hiding in plain sight for far too long. It’s illuminating, and nature is healing itself.

I’ll be back later with more updates, but my hands hurt. Fun fact that may only interest me, I generally type out all that you read here with my own hands. Yes, it’s true. I do it because typing the words out gives me the opportunity to really digest what is in front of me. Sometimes I copy and paste, but mostly I type it, my wife says I should do voice to text, but I prefer the physical keyboard experience.

I did screenshots of a lot of things to speed things up, because my fingers were tired. I hope you enjoyed catching up on the latest, and if you don’t like to read this much, reminder, check out Kandi on TikTok. She’s a gem.

Cap is working. Stay out the way.

UPDATE #5 2/2-

Pardon my french while I take a deep breath and exhale with an emphatic Holy Fuck. We now have a 65 page affidavit filed by the receiver. SIXTY FIVE PAGES. I’ll paraphrase a LOT. Whiskey time btw, Knob Creek Cask Strength Rye, no ice. I’m going to do a lot of images here and not a lot of commentary. This is an incomplete breakdown, and will be continued above, so refresh frequently.

“represented” is a funny word. Lied perhaps?

• “I had a series of communications with counsel for the Weaver Parties about the documents produced by the Weaver Parties, as well as general questions raised by those documents. Cousel for the Weaver Parties has provided explanations of the transfers between the Company and the Related Entities: however, based on the volume, nature, and documentation of the transfers described below, I determined additional records and transparency are necessary for me to perform my Court-appointed duties, including cash-flow reconstruction, reconciliation of intracompany obligations, and evaluation of potential claims and defenses.”

  • They told me what was going on with those distractions, but I simply didn’t believe them. Probably.

Siri, what is the definition of fuckery? A- See above.

• As an initial matter, despite my repeated requests for all bank account records associated with any of the related entities (and requests for confirmation that all records have been produced), I have not received bank statements and records for ALL bank accounts that appear, from other company records, to have existed during the relevant period. For example, i was only given records for a SINGLE Grant Sidney account, maintained at CalPrivate Bank. That account has only been opened since February 2025. However, within the last two weeks, I have discovered emails in the Company’s email system that reflect and indicate that Grant Sidney maintained OTHER bank accounts that were not disclosed by the Weaver Parties.”

  • Multiple accounts, keeping them out of view. Why would you do that? Why would you think that forensic accountants wouldn’t find this stuff?

• “The Senzaki Emails detail a transfer in 2021 in which funds were transferred from a bank account belonging to Uncle Nearest, Inc., to an account belonging to FAWN WEAVER, then to an account belonging to Grant Sidney, and ultimately to a Canadian Company known as LS Creme. While I have some questions about the nature of this transfer generally, the more troubling issue is that NO Grant Sidney bank account records prior to 2025 were produced to me despite repeated requests and repeated assurances that all bank account statements were produced.”

  • What kind of fucking money laundering bullshittery is going on here!!!!!??? Also, The Senzaki Emails (TM).

• “I believe these transfers are related to a loan from Uncle Nearest Inc, to LS Creme, however I do not know why the funds flowed through a Grant Sidney account. This picture is further muddied because upon information and belief, Grant Sidney also purchased shares of LS Creme.”

  • Investor money, from investors. Sent to Fawn Weaver. Then sent to Grant Sidney. Then sent to LS Creme. Was UN paid back for this “loan?” I think we all know the answer by now.

• “Additionally, the Related Entities have been the beneficiaries of a number of transfers from the Company that are not financial transfers. For example, the Company has not collected rent from Humble Baron, or Barrel House BBQ #2, Grant Sidney, and Nashwood: The copay has paid for security services that benefited Humble Baron and Barrel House; the Company has paid for utilities for Humble Baron and Barrel House; and the company has provided social media services for Hunble Baron. “

  • This was the part where they were mentioning using the same employees. Security has in fact worked at Nearest Green Distillery, Humble Baron, as well as the social media team getting paid by UN but working these other separate companies.

Me, realizing there are a lot more pages to go through.

It certainly seems as if there was some breakage here.

Breakage. Skim. Fell off a truck.

• “The fact that any conversion negatively impacted Grant Sidney, not the note maker Uncle Nearest, is clear evidence that the Weaver Parties treated Grant Sidney and Uncle Nearest as a singular entity.”

  • Might be the understatement of the year.

• While it appears that most of the MarcyPen loan proceeds traveled from Uncle Nearest to Grant Sidney, back to Uncle Nearest, it cannot be completely reconciled without all of Grant Sidney’s bank accounts. It appears that Grant Sidney may have retained some portion of the MarcyPen funds (perhaps as much as $5 million.).

  • Skim, breakage, fell off a truck. Oh wait, perhaps it was a “convenience” fee from TicketMaster.

Are you sitting down? You should be. Remember when I speculated that the proposed sealed documents included “insolvency?”

• “Based on the records reviewed to date and the Company’s ongoing cash needs, the Company appears to be insolvent under both a cash-flow and balance-sheet analysis.”

  • HOLY. FUCKING. SHIT.

• “The Company still cannot pay its obligations as they come due. Because of substantial budget cuts I have made to the company’s operations, its monthly losses have been reduced from approximate $1 million per month to approximate $100,000 per month.”

  • I’m not usually left dumbfounded, and I did expect something like this to be true, but seeing it really hits home. They’re cooked.

• “This is exclusive of professional fees I am incurring as part of this receivership which, as the Weaver Parties correctly note, are substantial. Farm Credit is currently funding those professional fees as well as the operational losses. Based upon my conversations with counsel for Farm Credit, I believe that Farm Credit would immediately cease covering these operational losses and move to foreclose on and repossess its collateral upon the expiration of the receivership. These losses are also exclusive of debt service, depreciation and other non-cash expsnese.”

  • Folks, this man just went scorched earth. He seems to be tired of it all, and is like your fucking mess, you made it, you fucking eat it.

• “I refer to “insolvent” in two practical senses: A the company’s inability to pay obligations as they coerced due absent continued advances from Farm Credit and the apparent excess of liabilities over the realizable value of assets based on market feedback and indications of value.”

  • This is foreshadowing that the bank will not be made whole. Everyone is absolutely fuxx0red. Everyone. Even the bank won’t get their full money back.

• "I have read that the Weaver Parties believe that they could balance the Company’s budget if there were granted control of the company. Based upon my analysis of the Company’s finances, I do not believe that the company can operate profitably without a substantial and immediate influx of capital and more financial discipline than has been previously exercised within the company. If this receivership were ended on February 9, and the Weaver Parties regained control of the company, I believe that the company’s monthly losses would be approximately $2 million per month.”

  • It’s over folks. Dandy Don Meredith used to sing “Turn out the lights, the party’s over” (drunkenly I might add) at the ned of Monday Night Football broadcasts. I can hear his voice now.

Dinner consumed, let’s party.

Cap’N Phillip nuking the site from orbit, just to be sure.

• “For the benefit of the doubt, this even assumes that sales during this time would increase by $1,846,596 based upon Fawn Weaver’s revenue projections versus my team’s projections. As this exhibit shows, not only would the company lose the financial support of Farm Credit, the termination of the receivership (and the stay that accompanies it) would result in the company having to service the secured debt of approximately $100 million, and the unsecured debt of approximate $54 million - not to mention that the company, instead of Farm Credit, would have to hire a new CFO and an entire accounting department: Newpoint has been serving those roles during the receivership, I anticipate that the company would immediately be the defendant in DOZENS of suits by creditors and shareholders across the country. That would likely result in hundreds of thousands of dollars in legal fees each month for which the company would be solely responsible.”

  • Folks, The Weaver historically has made up numbers, or changed them to suit her wishes. The Receiver has no such illusions. Removal of the receivership was requested by The Meowvants (TM) while also requesting a six month stay from being sued for their underpants. If you think it’s a s shitshow so far, you ain’t seen nothing like the removal of a receiver. Also, I’ve been saying all along that anyone buying this joke of a company would be assuming a lot of risk from lawsuits going forward. The NexGEN dufusses think they can just pay the bank, no sorry lil’ bro, you then have $54 million more to just clear the debts, then operating cash to fund the company. Those dudes don’t have the money for that.

• “Not only is the company unable to meet its monthly obligations as they come due, but it is also balance sheet insolvent. The company’s secured debt to Farm Credit now exceeds $110 million. Beyond those debts, the company currently has approximately $54 million in unsecured debt. The approximate breakdown of that debt is as follows: $21.9 million in vendor debt. $277,000 in credit card debt: $28.1 million in notes payable (including debts of $20 million to MarcyPen/Grant Sidney, $4.1 million to WhistlePig, $1 million to Scarcelli, and $1.1 million to Dash Funding, and a $3.7 million loan obligation to Grant Sidney carried on the books since 2023.”

  • This is back breaking amounts of debt. This isn’t a company, this is a shell of a company that owes everyone something, and has pretended it does not. As long as there is another investment round of new suckers to keep the Ponzi afloat, it continues as a growing concern. When new sucker money dries up, it’s pretty much where we are now.

• “While the Weaver Parties have argued that $20 million of this debt should not be included because it is a debt that the company owes Grant Sidney and Grant Sidney has allegedly (though informally) waived, I believe that debt is appropriately considered an unsecured debt of the company. First, the company signed two convertible promissory notes in favor of MP-Tenn LLC (MarcyPen) totaling $20 million. Further to the extent the Weaver Parties contend that it is Grant Sidney who owes MarcyPen $20 million, the company’s books and records reflect a debt to Grant Sidney for $18 million, that was not removed from the books prior to the receivership.”

  • The more I read, the more my brain hurts. How did this go on for so long?

• This is down from $57.7 million reported in the second quarterly report due to a large payment made to TDG, a series of real estate payments, and ongoing debt reconciliation. Notably this does not include debt owed to Advanced Spirits LLC (discussed below)”

  • Well, he’s made a dent. It’s amazing how much you can save when you cut out unnecessary employee expenses for narcissistic bottle signing events.

• “Despite the promissory notes being between MarcyPen and Uncle Nearest, there was also a contemporary transaction by which Grant Sidney “puchased” $20 million in barrels from Uncle Nearest, though a debt to Grant Sidney was credte on the books as part of this transaction.”

  • The fuck? This is such a goofy bit of nonsense here. Financial flimflammery. Why did Grant Sidney do this? It smells so bad……

Money moving is a fun full time job, especially when it’s someone else’s money.

• “In fact it appears that this $20 million funding was booked both as revenue to the company (without a $20 million inventory reduction) and as a debit of $18 million to Grant Sidney.”

  • Fraud says what?

• “Because it is unliquidated at this point, no debt to Advanced Spirits LLC is included intros $54 million unsecured debt calculation, thought it appears to be a valid debt of the Company. In January 2024, the company entered into a series of contracts with Advanced Spirits. While the court can review the Advanced Spirits contracts for itself, I understand that Advanced Spirits purchased barrels of whiskey from the company in January 2024 at a reduced price”

  • This was the barrel futures that were sold.

• “Pursuant to the terms of the “forward contracts” the company had an obligation to pay for the storage and maintenance of these barrels, even though ownserhwip of them passed to Advanced Spirits. The company then had an obligation to repurchase all of these barrels from AS over the course of a five-year period, at a predetermine price. The predetermined prices ensures that AS received a good return on its investment; in other words, AS expected to profit from the forward contracts. Essentially, the forward contracts were a way for the company to borrow against its inventory, event though the transaction was structured as a sale with an obligation to repurchase. Thus, the debt to AS is a valid obligation pursuant to the company’s breach of the forward contracts. This debt is expected to be in excess of $10 million once liquidated.”

  • Futures are not unique to Uncle Nearest. This is relatively common in whiskey, although more risky to have these futures on the books with the down turn in the industry.

• “The Court must weight the value of the company’s assets against the approximately $164 million in total debt in order to detrain whether the company is balance sheet solvent. The best indicator of value is the offers that I have received for substantially all of the company’s assets. In October, I retained Arlington Capital Advisors to assist me in identifying opportunities to refinance the company’s debts and/or locating a purchaser for the assets of the company. Arlington has significant experience advising companies in the spirits industry.”

  • $164 million. And then capital to run the damn thing. Sadly, a lot of people employed there are about to not be.

• “Despite reaching out to over 100 parties, Arlington has been unable to find a qualified source willing to refinance even the secured debt, much less the total debt.”

  • When one bank take you to court, and your business ends up in receivership because you didn’t pay your bank bills, it’s improbable that another bank will be like oh sure, I’ll take that note.

• “However, these communications with 100 parities produced approximately 40 parties who had sufficient interest in an asset purchase that they executed an NDA to access some of the company's financials. From those 40 parties, Arlington received 12 formal, written letters of interest in which the bidder expressed a price range that they would propose to pay for the company’s assets. Except for NexGen 2780 LP, which will be discussed below, no party offered a valuation in excess of the secured debt. While Arlington continues to work with several bidders to commit to a written, binding offer that is deemed acceptable, no offer currently exists that would indicate that the company is balance sheet insolvent.”

  • This means that all the offers were for individual assets, or were lowball offers for the whole kit and caboodle while understanding that a purchase would then require a capital infusion, and payment of debts. Folks, I’d be shocked if an offer was made in excess of $40 million for literally everything. No one offered $108 million. Also, NexGen is about to be shredded.

The Fallout from this filing will be long lasting.

• “I have reviewed the correspondence from NexGen 2780 in which they propose to pay $108 million. It is unclear to me whether that proposal is for a purchase of the assets, a purchase of the company, or a refinancing of the debt. It is not a formal offer and remains subject to due diligence. Arlington has been in contact with NexGen. While an NDA has been executed with NexGen, and they’ve been given access to the financial information in the data room, Arlington has been unable to confirm the source or reliability of their finances. While Arlington and I will continue to engage with NexGen in hopes of consummating a deal, we do NOT consider this to be a legitimate offer at this time because 1- NexGen has confirmed they did no due diligence before filing the letter with this court, and 2, their letter does not speificy what kind of deal they propose, and 3 Arlington has been unable to verify their financial ability to consummate a deal of this magnitude, and 4 have been unable to link NexGen to any other seals of this size, and 5 Received a communication from another smaller spirits brand warning me that NexGen had committed to a small capital raise for the company but withdrew prior to closing due to a lack of funding and 6, I am aware that NexGen has established a website seeking funding support for this deal from the general pubic, which is very atypical for a sophisticated investor, and 7 according to emails located in the Uncle Nearest system, an individual named Chuck Speed, woh is associated with NexGen, has a prior relationship with the Weaver Parties as a result of his involvement with Square One Vodke, which was purchase by the company at the direction of Fawn Weaver.”

  • I said it was bullshit from jump. While I can’t confirm this, the small spirits company that the receiver mentions is more than likely Sorel. The GoFundMe of NexGen is farcical at best. I said they didn’t have the money, they still don’t have the money, and general public suckers won’t make up the difference. Janet pretty much dismantled the NexGen clout chasing, the receiver just ground it into dust.

• “I have read the assertion that the assets of the company should command more than a twelve times multiplier of annual revenue, which leads the Weaver Parties to assume that the company should be valued at more than $500 million. While I am not an expert on spirit sales, this conflicts with all advice I have been given by both Arlington and Thoroughbred, my spirits business consultant. From the beginning, I was told that spirits companies could command anywhere from 2x adjusted revenue multiplier to a 15x adjusted revenue multiplier based upon a variety of factors, including size of business, trajectory of growth, brand appeal, and availability of other brands in the market. Initially, I was optimistic about the prospects of an aggressive sale price because the company had reported revenues of $75 million for 2024 and there seemed to be excitement about the UN brand. However, many factors impacted that initial optimism.”

  • Uh oh. It’s never good when optimism is impacted. Also, The Weaver (TM) downsized or tightened the belt from $1.1 billion (self declared) to $500 million. lol.

• “First, my accounting team determined that actual revenues for 20204, were ONLY $41 million, and 2025 revenues are expected to be less than $25 million when totally accounted for. Second, I began receiving feedback from creditors, shareholders, and new potential investors that the constant media coverage of Uncle Nearest, and the Weaver Parties participation in that media coverage, was damaging the market’s view of the brand’s viabilty.”

  • Sorry guy. My bad. Lil oopsie on my part.

• “Third, the worldwide bourbon and whiskey market went into freefall in the 3rd and 4th quarters of 2025, with multiple bourbon brands filing for bankruptcy protection, others liquidating, others listing their bourbon business for sale, and others (including Jim Beam) announcing a cessation of distilling operations. This created a glut in the market such that the company’s assets were no longer attractive.”

  • Ok, hold up. Jim Beam did NOT cease distilling operations. They closed the still in Clermont which was badly in need of refurbishment. There are two other fully running stills that Jim Beam has. Yes, this will reduce their production totals for 2025, but is hardly a full cessation of production.

• “The Weaver Parties acknowledge the state of the spirit industry, and argue that this is not a good time to sell whiskey-related assets. I agree and, if there were any other option, I would pursue that alternative. But refinancing is NOT available, the company continues to operate at a loss, and this receivership cannot continue in perpetuity for a number of reasons. In my opinion, a sale in the next six months is the ONLY viable option to maximize the value of the company and its assets.”

  • FML, six more months? You know I really want to write about other things than UN right? I want to touch grass. I want to sing songs, and eat beignets. Please let this happen sooner.

• “In my discussions with Arlington and with potential bidders, I have come to the confusion that 2-4x adjusted revenue multiplier is the most realistic outcome for the company.”

  • I think that $50-100 million is on the optimistic high side.

• “As has been related to me by a number of interested parties, they view this potential transaction as presenting too much complexity and risk to command top dollar, especially given the overall state of the spirits market.”

  • Friends, even that the high side of the optimism, a sale of $100 million still doesn’t cover the bank debt. Whoever buys it has a whole lot of problems after purchase, and the investors get fuck all.

This day has gone on for decades.

• “While the best indicator of value is what the market is currently willing to pay, parsing out individual assets, as the movants suggest in some of their pleadings, would yield and even lower result. The Receiver has slisght disagreement with the movants valuation of certain assets as disclosed in their pleadings. For example, the receiver believes that the Martha’s Vineyard property is with less than $2,600,000 not the $4,000,000 that the movants claim it is worth The biggest valuation disagreement how3ever concerns the value of the approximately 56,000 barrels of whiskey owned by the company. The movants claim that those barrels have an aggregate value of $78 million, or approximately $1,400 per barrel for 56,000 barrels.”

  • Folks, the brokerage market just had an infusion of Old Grand Dad barrels that are 7-8 years old at $1,800 a barrel. Good luck moving TDG sourced barrels that are likely yojnger, for even close to that.

• The receiver previously attempted to market a much smaller number of barrels, 10,000, at a price of $1,000 per barrel and received no offers. The only offers the receiver has received for the company’s barrel stock was an offer of approximately $400 per barrel, for less than 1,000 barrels. Therefore the movants valuation is not supported in the marketplace.”

  • Ouch, ouch and double dutch ouch.

• “Based on the market feedback received by Arlington and by the receivership in connection with attempted barrel sales and based on the lack of offers at previously marketed price points, the receivership has been unable to identify a reliable market for a significant portion otherwise company’s longer barrel inventory at the values asserted by the movants.”

  • The Movants are so out of touch with reality at this point, it’s beyond comprehension that they think UN is worth $500 million.

• “The receiver has listed the Martha’s Vineyard property for sale for $2,595,000 upon the advice of th realtor who represented the company in the purchase of that real estate”

  • This isn’t a live link, but this is the spot.

• “Furthermore, I am aware that a bankruptcy judge in the USBC for the Northern District of Texas recently found that barrels of bourbon less than four years old currently have virtually NO VALUE because there is no market for young bourbon.”

  • Listen, no shade meant here, but Tennessee Bourbon is not revered amongst the whiskey cognoscente. Very few have been able to turn it into a coveted release. Old Carter has done this, but otherwise it’s the proverbial redheaded stepchild of American Bourbon unless it comes out of Lynchburg.

• “The vast majority of the company’s barrels contain whiskey that was distilled less than four years ago.”

  • Don’t look too hard at that 777 release…….

• “Unfortunately, whether judged by the interests receiver by the receiver in all assets as a whole, or judged by the sum of its parts, the company’s assets are valued at less than the amount of the secured debt and far less than the amount of the total debt. Thus, it is balance sheet insolvent.”

  • Ballgame.

UPDATE #4- 2/2-

Next up, another McFlurry. This one is the Receiver’s Brief in support of inclusion. Holy Smokes.

• “While the Receiver initially took the position of seeking only clarification from this Court regarding whether the Related Entities were intended to be included as part of this receivership pursuant to the terms of this Court’s Receivership Order, he now respectfully requests that the Court enter an order specifically including the Related Entities. The reason for the evolution of the Receiver’s position on this matter is simple: as he reviewed all of the bank records produced to him by the Related Entities, it became clear that they were operated with the receivership entities as part of a single enterprise.”

  • We knew this already, but for him to say it so plainly is even this far along, startling. “IT BECAME CLEAR THAT THEY WERE OPERATED WITH THE RECEIVERSHIP ENTITIES AS PART OF A SINGLE ENTERPRISE.”

• “Without unfettered access to the books and ecords of the Related Entities, the Receiver’s investigation into the assets and liabilities of the receivership estate is limited and incomplete.”

  • Unfettered = Un Fawn’d. What is known is limited, and incomplete, but this is foreshadowing, because he’s about to share what he DOES know.

• “ Indeed, as demonstrated by the Affidavit, the Receiver has discovered that he was not provided all bank account statements by the Related Entitles, as was ordered by this Court. The information contained herein is limited to the Receiver’s review of statements that were voluntarily produced by the Related Entities.”

  • As much as I hate stooping to symbolism (this is a lie btw), play stupid games, win stupid prizes.

• “It is clear from the records that the Related Entities and the entities already a part of this receivership have been commingled. To support this conclusion, the Receiver primarily relies upon his Affidavit filed contemporaneously herewith, and the exhibits attached to that Affidavit. The sheer volume and value of transfers amongst the Related Entities and the receivership entities demonstrates the Receiver’s position on this matter. The chart below summarizes the transactions uncovered by the Receiver in which the Related Entities transferred money to a receivership entity or to another Related Entity:”

  • When you look at the chart below, you’ll understand why Humble Baron is closed for the foreseeable future.

Remember folks, this is just what is KNOWN.

Below is money that was transferred TO a receivership entity or to another related entity.

• Front Street, 2 transfers, $28,500.

• Grant Sidney, 12 transfers, $16,690,231.

• Humble Baron, 51 transfers, $572,093.

• Nashwood, 45 transfers, $516,511.

• Quill and Cask, 21 transfers, $2,352,870.

• Barrel House BBQ #2, 16 transfers, $86,714.

• Shelbyville Grand, 13 transfers, $241,000.

  • The receiver does not say what amount went where specifically. But wait, there’s more.

• “This chart (below)summarizes the transactions discovered by the Receiver in which the Related Entities received funds from a receivership entity or another Related Entity:”

  • This is money that came FROM Uncle Nearest.

• Front Street, 1 transfer, $39,000.

• Grant Sidney, 6 transfers, $20,003,087.

• Humble Baron, 58 transfers, $1,360,828.

• Nashwood, 55 transfers, $212,500.

• Quill and Cask- ZERO.

• Barrel House BBQ #2, 3 transfers, $1,960.

• Shelbyville Grand, 22 transfers, $377,600.

  • I think we can now see why Humble Baron is kaput and not taking reservations now. A lot of Uncle Nearest money went into it. I guess the world record for world’s longest bar (TM) isn’t all that it’s cracked up to be, you know, considering it’s in the middle of a very rural part of TN.

• “As illustrated by these charts and the more detailed information contained in the Receiver’s Affidavit, it was commonplace for the receivership entities and the Related Entities to transfer money amongst themselves, without regard to corporate formalities, without documenting the transfers as loans, and without noting loans on the books and records of the companies. This Court should exercise its equitable powers to include these Related Entities in this receivership since they are part and parcel of a single enterprise.”

  • Essentially The Weaver (TM) doesn’t know how to run a company, did what she wanted, when she wanted, and without regard to any rules of corporate governance. Let us not forget about John Eugster, who was the third member of the board of directors here, we are expected to believe that he knew nothing about anything? Please.

• “While this Court may use its equitable authority to expand the four corners of its own Order, the legal alter ego doctrine would also support a finding that the Related Entities are merely alter egos of Uncle Nearest, Inc. and its related receivership entities. The Sixth Circuit test for determining whether two companies are alter egos of one another is “whether the two enterprises have substantially identical management, business, purpose, operation, equipment, customers, supervision and ownership.” Nelson Electric v. NLRB, 638 F.2d 965, 968 (6th Cir. 1981). In this instance, all of these companies are owned, managed, supervised and controlled by Fawn and Keith Weaver. They operate out of the same location, using the same property, and in many cases the same employees. While the business purposes are all slightly different, it is clear from the financial records that they essentially pool their funds; if one entity needs funds for a purpose and another entity has access to those funds, then the funds are transferred where they are needed.”

  • If you scroll wayyyyyyyy down in this page, I alerted the readers to the fact that they just spent the money of whoever company had it at the time. It was feast or famine between capital raises, and bank loans. You don’t have to scroll, Cap’N Phillip just reminded us all.

• “To be clear, the Receiver intends to focus his proof and his argument on the totality of the circumstances, where funds were frequently shuffled among various companies, rather than myopically focusing on one or two individual transactions.2 He will then defer to the Court regarding whether it believes the facts support the Receiver’s conclusion that these entities operated as a single enterprise.”

  • Recall that The Weaver (TM) was arguing that one transaction wasn’t a reason for inclusion? Cap’N Phillip will show the receipts.

• “WHEREFORE, the Receiver respectfully requests that the Court expand its prior Receivership Order to specifically include the Related Entities.”

  • The receiver is not looking for clariification on inclusion, he’s got the receipts, and he is demanding it.

• “Though, admittedly, the $20 million transaction involving Uncle Nearest and Grant Sidney that is detailed in the Receiver’s Affidavit, standing alone and with no other transactions, is likely sufficient to expand the bounds of this receivership.”

  • He had to throw that last bit in as a footnote. Methinks he just poked The Weaver (TM) in the nose?

I think these days are about over.

UPDATE #3- 2/2-

Flurry in progress. No time for niceties. First up. Witness list for the Receiver. Nothing groundbreaking, just listing the experts that will be available to testify during the hearing.

• “WITNESS LIST

  1. Phillip G. Young, Receiver – If called to testify regarding the Motion for Clarification and/or the Motion to Reconsider, Mr. Young will testify regarding all matters contained in his Second Quarterly Report and his Affidavit filed on February 2, 2026.

  2. Tim Stone, Newpoint Advisors – If called to testify regarding the Motion for Clarification and/or the Motion to Reconsider, Mr. Stone will testify regarding the financial operations of the Company, financial projections for the Company, and the books and records of the Company.

  3.Scott Schiller, Thoroughbred Spirits – If called to testify regarding the Motion to Reconsider, Mr. Schiller will testify regarding the operations of the Company and the operational projections of the Company.

  4. Wade Honeycutt, Arlington Capital – If called to testify regarding the Motion to Reconsider, Mr. Honeycutt will testify regarding efforts to obtain refinancing of the Company’s debts and/or efforts to market the Company’s assets for sale.

  The Receiver reserves the right to call the witnesses identified by any other party in interest, and any other witnesses needed to rebut evidence offered by any other party in interest.”

• Any and all documents previously filed with the Court in this matter including, but not limited to, the Receiver’s First Quarterly Report, his Second Quarterly Report, his February 2, 2026 Affidavit (and all exhibits thereto), and the Movants’ Reply in Support of Emergency Motion to Reconsider the Memorandum Opinion and Order and Order Appointing Receiver (and all exhibits thereto). Convertible Notes between Uncle Nearest, Inc. and MP-Tenn LLC. The Receiver reserves the right to introduce any exhibits identified by any other party in interest, and any exhibits needed to rebut evidence offered by any other party in interest.”

The Sunday Scaries are real.

UPDATE #2- 2/2-

Buckle up folks, first Pacer update for February 2nd. We have a judges order to discuss. Too late for Cold Brew, switching to Pabst Blue Ribbon.

• “On February 1, 2026, United States Magistrate Judge Christopher H. Steger denied the pending motions to seal in this matter. [Doc. 122]. Following entry of this Order, the Clerk’s Office deleted the proposed sealed documents from the record in accordance with Rule 12.2 of this Court’s Electronic Case Filing Rules and Procedures. [See Docs. 63–66, 97, 105, 108, 115]. Among the deleted documents were the Receiver’s Second Quarterly Report [Doc. 97], the Receiver’s Response to the Motion to Reconsider [Doc. 105], Plaintiff Farm Credit Mid-America, PCA’s Response to the Motion to Reconsider [Doc. 108], and Non-Party Grant Sidney, Inc., Defendant Fawn Weaver, and Defendant Keith Weaver’s Reply in Support of the Motion to Reconsider [Doc. 115].”

  • Sweet, I can stop refreshing those in Pacer now, that’s helpful.

• “As each of these documents is integral to the February 9, 2026, hearing, the Court hereby ORDERS the following:”

  • We don’t have a hearing without documents! Who doesn’t love documents especially public ones?

• “1. On or before February 3, 2026, the Receiver SHALL refile his Second Quarterly Report.”

  • File or die. Cap’N Phillip will likely get this in tonight. TONIGHT.

• “2. On or before February 4, 2026, the Receiver and Plaintiff Farm Credit Mid-America, PCA SHALL each refile their Responses to the Motion to Reconsider [Docs. 105, 108]; and…”

  • Motion to reconsider arguments tomorrow or Wednesday.

• “On or before February 5, 2026, Non-Party Grant Sidney, Inc., Defendant Fawn Weaver, and Defendant Keith Weaver SHALL refile their Reply in Support of the Motion to Reconsider.”

  • Good thing the judge is laying all this out. He will not delay the 2/9 hearing.

• “Prior to refiling the documents listed above, the parties may delete any information that they would like to not place in the public record. Additionally, the parties may elect not to attach any previously filed exhibits to their refiled documents and instead present those exhibits at the February 9, 2026, hearing.”

  • No amount of redactions will save them from having their narrative stripped to the studs. This is a worst case scenario for The Weaver (TM) who will find herself unable to spin it that this was all the Receiver/Bank/Senzaki/One armed man/Sasquatch’s fault.

• “Should any party choose to follow this course, then that party SHALL indicate that an exhibit has been omitted in their refiled document(s). Finally, the parties may update their documents’ record citations prior to refiling. The parties are PROHIBITED from making any other substantive changes to the documents the Court has ordered them to refile. SO ORDERED.”

  • Pretty much a warning to not get cute with new document filings.

• “If any party believes that an exhibit to be introduced at the February 9th hearing should be file under seal or submitted for in camera review, they may present that argument to the Court.”

  • This was the “appeal” I thought might be possible. We won’t see all the things probably, but we will see the things.

• “ For example, a party could include a footnote where a citation to an exhibit used to be stating that the exhibit supporting the assertion will be introduced at the February 9th hearing. Also for example, as the Receiver’s Second Quarterly Report is no longer accessible at Doc. 97, a party citing to the Second Quarterly Report could update its citations to reflect the Second Quarterly Report’s new docket number.”

  • Updates are fine, please someone, somewhere, include a cat.

The fascinating part of this is how the Judge flat out prevented a bunch of rakes beings stepped on by being directive as to when things had to be filed, by whom, and what was not permitted, and that there will be NO delay. The hearing will clearly have a Zoom element as evidenced by the “in camera review.” Anyone got the link?

Reader submission. Author wishes to remain Farm Uncredited.

UPDATE 2/2-

Today is filing day, no idea if we will get to see it yet. While the Magistrate ruled that the proposed sealed documents did not meet the threshold to keep the goings on out of the public eye, it doesn’t mean this can’t be appealed, redacted, withdrawn, or even what timeline that might look like. I’m definitely keeping my eye on Pacer today.

The hearing is on 2/9, so I’m expecting a flurry (sorry to those of you experiencing heavy snow) of activity. I sure would love to attend the hearing, and turn on my voice recorder, I hope someone does.

Humble Baron has officially turned off all reservations, removed the link from their website, and Seven Rooms shows that HB is not available for booking. No word from HB for my reservation I booked.

InstaCat- When the weather is bad, hire a poor to bring you food.

UPDATE 2/1-

I sure hope all of you are staying warm. I’m not gonna complain about 27 degree temperatures here in New Orleans when I know so many of you have it far far worse than that. I’m left feeling pretty bad about the Humble Baron layoffs, while this was to be expected in many ways, the people that were still there are now left out of work, and that sucks. While Keith is “holding it down” in TN, and The Weaver (TM) is going to teach us all how to make the most basic of cocktails, people are now left scrambling to figure out how they’re going to pay the bills. These are people that don’t have investor money to fuel their lifestyles, but were actual wage earners trying to make it through another day.

Anyway, there was an order issued today by the Judge that was overseeing the Zoom call that just hit the Pacer wire on a Sunday. Likely because filing deadline is tomorrow. The Bills have a new coach, and I’ve got a pint of cold brew, let’s break it down because this is BIG.

• “This matter is before the Court upon: (1) Plaintiff's Motion for Leave to File Documents Under Seal [Doc. 62]; (2) Receiver's Motion to File Second Quarterly Report Under Seal [Doc. 96]; (3) Receiver's Motion to File Response to Motion to Reconsider Under Seal [Doc. 104]; (4) Plaintiff's Motion for Leave to File Reconsideration Motion Response Under Seal [Doc. 107]; and (5) Defendants Grant Sidney, Fawn Weaver, and Keith Weaver’s Emergency Motion to File Movants' Omnibus Reply Relating to Motion to Reconsider Under Seal [Doc. 114] (collectively, "Motions to Seal"). The parties appear to be in agreement that sealing of the requested information will have the effect of preserving the market value of the various business entities named as Defendants in this lawsuit (collectively, "Uncle Nearest").1 However, for the reasons stated herein, the Motions to Seal will be DENIED.”

  • Uhmmmm, I’m not the smartest blogger cat on the earth, but this seems like something earth shattering?

• “he standard of review and the burden of proof the Court must apply in determining whether information filed in the court record can be filed under seal are set forth in this Court's Memorandum and Order Regarding Sealing Confidential Information [Doc. 9] entered on July 29, 2025, and incorporated herein. Additionally, the Court notes the strong guidance given by the Sixth Circuit in Grae v. Corr. Corp. of Am., 134 F.4th 927, 930 (6th Cir. 2025), detailing the high bar for sealing.”

  • This could be a rare L for the receiver who wanted these things filed under seal as well.

• “The federal courts do their business in public—which means the public is presumptively entitled to review every document that a party files with the court for purposes of influencing a judicial decision. Thus, under rules long settled in this circuit, only the most compelling reasons can justify non-disclosure of judicial records. And when a court does seal off judicial records from public view, it must explain why the interests in support of nondisclosure are compelling, why the interests supporting access are less so, and why the seal itself is no broader than necessary.”

  • Essentially - Just because the laundry is dirty, doesn’t mean the public doesn’t get to see it.

• "Certain content-based exceptions outweigh the right to public access. Some of these exceptions include:

  1) a defendant's right to a fair trial,

  2) trade secrets,

  3) national security, and

  4) certain privacy rights of participants and third parties."

  • I’m guessing the second point, Trade Secrets, is why The Weaver (TM) kept harping about it in her filings. Only, ma’am, whiskey ain’t that secret, you take grain, mash it up, ferment it, run it through some pipes to a still and, oh wait, you don’t know how to do any of this because you buy barrels and then someone blends them, then Victoria picks the one she likes best and then you sell it. Anyway, the Judge has determined that the sealed filings do NOT meet the threshold of these exceptions.

I don’t know about Janet, but I haven’t taken my tree down yet.

• “The parties have not convincingly argued that any of the above exceptions apply here. Certainly, the first exception (i.e., defendant’s right to a fair trial) and the third exception (i.e., national security) are not implicated in this case. While the parties claim that what they desire to seal is confidential business information, the Court notes that the information sought to be sealed does not fit under the definition of a trade secret.”

  • Have to agree here, not that the Judge gives a hoot about what I think, being potentially insolvent is not a trade secret.

• “Trade secrets in particular are usually a pattern, technique, or process that affords a competitive advantage to persons who possess that information. Manufacturing processes and design documents are examples. By contrast, that many litigants would like to keep confidential the salary they make or the price they agreed to pay under a contract is not sufficient reason to seal. Nor is the bald assertion that disclosure of information would harm a party's competitive position.”

  • This was always a dumb argument. How you price your bottles of sourced Tennessee Whiskey is not a trade secret. We can all just look on the shelf and see the pricing, speaking of that pricing, quick commercial break for CLEARANCE THE SHELVES!"

Oh no, trade secret- Discount your stuff by 50% and people might buy it more often.

• “Finally, the parties' claims that the information is sensitive and disclosure will harm the value of Uncle Nearest are insufficient to trigger the fourth exception. Neither harm to reputation of the producing party nor conclusory allegations of injury are sufficient to overcome the presumption in favor of public access. The proponent of sealing must . . . analyze in detail, document by document, the propriety of secrecy, providing reasons and legal citations. A naked conclusory statement that disclosure will injure a producing party falls woefully short of the kind of showing which raises even an arguable issue as to whether it may be kept under seal.”

  • I really like this judge for saying “falls woefully short.”

• “The parties have not sufficiently analyzed in detail, document by document with rationale and legal citations, "why the interests in support of nondisclosure are compelling, why the interests supporting access are less so, and why the seal itself is no broader than necessary." Grae, 134 F.4th at 930. For instance, nowhere in the Motions to Seal do the parties address why sealing entire documents, as opposed to using targeted redactions,2 is no broader than necessary.”

  • It’s fair to expect that there will be some redactions in the documents. If any of you are following what’s going on with the Epstein Files, you’ll understand the analogy.

• “The Court finds it necessary to address one citation relied upon in the Motions to Seal, namely Bollinger v. Bollinger Motors, Inc., No. 2:25-CV-10790-TGB-APP, 2025 WL 1293353 (E.D. Mich. May 5, 2025). In Bollinger, another district court in the Sixth Circuit found that sealing "confidential business information" was appropriate in a receivership context, in part because sealing would protect the company "as a going concern." Id. at *2. However, the court also noted that there was "personal information revealed in the [e]vidence [that implicated] the privacy interests of innocent third parties." Id. The parties do not argue that any similar personal information of innocent third parties exists in this case. Further, the court in Bollinger found "a limited public interest in disclos[ure]" since the public could understand the general nature of the receivership dispute without access to "the specific confidential information." Id. However, this Court does not find that approach persuasive when compared with the firm and unflinching directives from the Sixth Circuit in Grae regarding the high bar for sealing.”

  • The Judge just said don’t even try it, we know the law, now you do too.

• “For the reasons set forth above, it is hereby ORDERED that:

  1. Plaintiff's Motion for Leave to File Documents Under Seal [Doc. 62] is DENIED.

  2. Receiver's Motion to File Second Quarterly Report Under Seal [Doc. 96] is DENIED.

  3. Receiver's Motion to File Response to Motion to Reconsider Under Seal [Doc. 104] is

  DENIED.

  4. Plaintiff's Motion for Leave to File Reconsideration Motion Response Under Seal

  [Doc. 107] is DENIED.

  5. Defendants Grant Sidney, Fawn Weaver, and Keith Weaver’s Emergency Motion to

  File Movants' Omnibus Reply Relating to Motion to Reconsider Under Seal [Doc.

  114] is DENIED.

  SO ORDERED.”

  • That’s a whole lot of DENIED. I’m not sure if the parties can appeal this or not, I guess we will find out soon enough.

Folks, this is a very big deal. The public does have the right to know what’s going on in a Federal court. You can argue that we don’t, but our tax dollars pay for the courts, and in very limited exceptions (the judge laid them out above) we don’t have the right to know. If the filings now become public, Kandi, Janet, Duane and this silly little blogger cat are going to have a very busy week.

A Tail of Two Kitties. "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness..."

UPDATE 1/31-

Quite obviously there were filings and orders the last few days, quite a bit to digest. Today we are going to have some thoughts, observations, and some bad news out of Humble Baron that I began reporting on yesterday.

• All but the Bartender leads at Humble Baron were laid off over the last two days. That I believe leaves 3 people working for HB that isn’t management.

• The employees were paid in cash over the last several pay periods. Cash. Who does that? No checks, cash.

• Bills were not paid as recently as last month.

• Humble Baron has the month of February turned off on their reservation site. The entire month is unavailable. Including the popular Sunday Brunches.

• Is it a temporary closure? Is it preemptive because of the possibility of inclusion? Is it because of cash flow issues?Unknown.

• According to their socials 2 days ago, their hours have changed. Only open Saturday and Sunday now. Kitchen is closed.

• Calls to HB today go to the pre-recorded message with their old hours.

• There are vague rumors of some pie in the sky plans to move HB to Nashville. (Trust me bro).

• If Humble Baron is included in the receivership (looks likely, we will hear on that soon) I believe they have to close because of the the DSP rules. Remember, Fawn held the DSP under UN, and Keith had the ownership and management of the bar/restaurant so that it could operate on property.

• It’s unlikely that if the receiver gains control of HB that he would spend money to keep it running, HB is more than likely not profitable, and also very deeply in debt.

• The Weaver (TM) has never been the same since her liquor store incident with a former schoolmate. While she tried to spin it, and do that cringey reverse re-enactment, she failed to regain her footing online. Her turning off the comments on the posting was very telling. She couldn’t keep up with the massive backlash she was facing, and it had outpaced the bot comments that were so supportive.

• She seems to be retreating into a more insular, controlled, social media footprint, as evidenced by the Sundays with the Weavers story centric format, devoid of comments that are public facing. Perhaps the pressure is getting to her, perhaps her legal team is saying “please shaddup” who knows really, but she has been notably quiet this month outside of a very few stories here and there. A notable difference from months prior.

• The lack of posts encouraging the culties to Follow the Case, or Clear the Shelves is remarkable. Isn’t she still employed to promote the brand? I think some investors used to call it “Letting Fawn do her thing.” What thing is she doing? Meeting with unnamed distributors? Signing bottles in nearly empty stores?

Lend me your ear.s. This is not a Narmer King, nor is it thy Burger King. Therefore it is not possible to have it thy way.

UPDATE 1/30- #3?-

It’s update city today, and I’m the mayor it would seem. The judge has issued a very swift order in response to The Weaver (TM) request to continue (aka delay) the case. I’m hungry so let’s work this out.

• ““Movants” Emergency Motion to Reconsider Scheduling Order and Continue Hearing on Motion to Clarify [Doc. 118] asking the Court to continue the February 9, 2026, hearing as it relates to them and the Motion for Clarification.1 For the following reasons, the Motion [Doc. 118] is DENIED.”

  • Right out the gate, NO.

• “Now, the Movants ask the Court to continue the February 9th hearing as relates to them and the Motion for Clarification. [Doc. 118]. As grounds for the Motion, Movants generally assert that due process requires they be provided additional time to prepare and present their defense to the Motion for Clarification. [Id.]. The Court disagrees”

  • How’s the song go? Come on over baby whole lotta disagreement going on? Nah that’s not it.

• “The Movants are undoubtedly entitled to due process. See Liberte Capital Grp., LLC v. Capwill, 421 F.3d 377, 382–83 (6th Cir. 2005). But there is a distinction between the amount of process they are due and the amount of process they would like.”

  • This judge plays too much, and we are here for it. He knows they would like years of talking.

• “The Motion is premised on the idea that without a continuance, the Movants cannot effectively defend themselves against their potential inclusion in the receivership estate. [See Doc. 118]. The Court, however, fails to see how this is the case. “

  • We all fail to see how this is the case, but go on Judge!

• “Movants take issue with how the Receiver conducted the process outlined in the October 29, 2025, Agreed Order, but it appears undisputed that the Receiver and the Movants substantively discussed the issues relating to flow of funds between the companies under the Receiver’s control and the Movants during the Movants’ production of bank records, (“The Receiver had several conversations with the [Movants’] counsel concurrent with the production of documents and had no further questions as of December 15, 2025, as most documents spoke for themselves.”); (“The Receiver has had substantial communications with the Movants’ counsel about the Motion to Clarify and believes he fully understands their explanations.”) (“[T]he back and forth between your clients and the Receiver occurred when we asked further questions and requested additional docs.”). “

  • So yeah, you should kinda know what’s up here.

• “Considering this, that the Movants have access to the same bank records provided to the Receiver (and indeed know exactly which records were provided to him), that the Movants should generally be aware of their business relationships with the companies under the Receiver’s control, and that the Receiver has asserted the Movants should be included in the receivership estate due to the comingling of funds, the Court finds it difficult to believe that the Movants do not know what arguments the Receiver is likely to raise or the evidence he intends to rely upon. They may not have the benefit of seeing the Receiver’s supplemental briefing or his witness and exhibits lists prior to submitting their own,, but nothing in the record indicates the contents of these documents will be unexpected or that the Movants’ defense will otherwise be prejudiced if the hearing goes forward as currently scheduled.”

  • The judge assumes that a CEO that ran a company into receivership and blames it all on the one armed man should know something about something.

• “Movants also express concern that they will not have adequate time to present their defense(s) at the February 9th hearing given that the Court has limited it to a single day during which the Motion to Reconsider will also be addressed.. This concern, however, ignores several things.”

  • Of course it ignores things that are inconvenient to The Weaver (TM).

Also, NO means DENIED.

• “First, the Movants, and indeed all the parties, can take steps that will materially decrease the amount of time needed to address specific issues at the hearing. For example, the parties can—as Plaintiff Farm Credit Mid-America, PCA did for the August 7, 2025, hearing and as the Receiver has indicated he will do for the upcoming hearing—submit affidavits/declarations on behalf of their witnesses that will serve as the declarant’s direct testimony while still allowing them to be cross-examined.”

  • He should have just said “YOU HAVE HOMEWORK TO DO.”

• “The parties can further stipulate to the admissibility of exhibits, allowing the Court to focus on other matters during the hearing.”

  • AKA please don’t waste my time on nonsense.

• “Similarly, the parties can stipulate to any uncontested facts. By utilizing these and other methods, the parties can materially decrease the amount of time needed to fully litigate both the Motion for Clarification and the Motion to Reconsider.”

  • Judge- please don’t tell me how to do my job.

• “It bears noting that the Receiver will also not have the benefit of seeing the Movants’ supplemental briefing, witness lists, or exhibit lists prior to his submission of documents to the Court. “

  • So you have a few more days to file them…. get on it.

• “Second, and as previously noted, the Court is not coming into the hearing with a blank slate. It is intimately familiar with the record in this case as well as the parties’ briefing regarding both the Motion for Clarification and the Motion to Reconsider. Once the supplemental briefing is filed, the Court will promptly familiarize itself with that as well. As a result, there will be no need for the parties to waste time at the hearing setting the scene. Instead, they can immediately address the evidence and arguments they believe the Court needs to hear in person as opposed to through their filings. If the parties thoughtfully and concisely present their proof and arguments, then the Court is confident that both the Motion for Clarification and Motion to Reconsider can be fully litigated in a single day. After all, this is not the trial of this matter; it is a motion hearing.”

  • This judge sure is nice. I don’t think both parties will be thoughtful or concise, because so far one of the parties doesn’t seem too interested in anything the judge says to do or not to do.

• “hird, and also as previously noted, the hearing is not necessarily the parties’ last opportunity to present relevant information to the Court. If the hearing leaves any lingering questions, the Court will order the appropriate parties to submit supplemental briefing on the issue. This Court does not take the administration of justice lightly and will not rule on either motion until it is satisfied that all parties have been provided an adequate opportunity to be heard. It is fully anticipated that the February 9th hearing will provide such an opportunity. Should this prove incorrect, the Court will allow the parties to supplement the record through additional briefing.”

  • Five American Dollars says that The Weaver (TM) will read that last line and just go full tilt towards wasting the courts time. Delay delay delay.

• “The Court has already allowed the parties to supplement the record in this case when necessary to ensure the administration of justice. After the Court decided to appoint a receiver, it ordered the parties to submit supplemental briefing as to who should serve in the role given that the issue was not completely addressed at the August 7, 2025, hearing and the Defendants opposed the candidate offered by Farm Credit. The Court ultimately appointed the Defendants’ proposed candidate, Phillip G. Young, Jr., to serve as Receiver.”

  • Not the judge serving up some Southern Style Irony on a brioche bun with extra spicy peppers! You asked for him, you got him, too bad.

• “For the foregoing reasons, the Motion is DENIED. The Court assures the parties that they will receive due process as the Motion for Clarification is litigated. SO ORDERED.”

  • Anyone else hear the “denied” in Wayne’s voice? I did.

Folks the hearings will go on as scheduled. The feeble attempt to further delay things has been DENIED, and on we go. February is going to be a very warm month in the court.

It ain’t Below Deck, but it’s what we got.

UPDATE 1/30-

We have a regular update below, but right now we have breaking news.

Humble Baron Employees did not get paid today. Cannot confirm the number yet, but it is more than one. Looks like most of them.

Keith had called a Humble Baron meeting for Tuesday, rescheduled it to Thursday, and then canceled it

There are no available dates at Humble Baron for February.

Soul Filled Sundays All you can eat Brunch Buffets also have no dates in February.

Barrelhouse BBQ Employees also did not get paid today.

Barrelhouse BBQ at HB is not available on DoorDash for delivery, or pickup.

HB and BBQ Employees do not have a schedule for the coming weeks.

Hello everyone. Much has happened the last few days, so today we will be doing a things on my mind and questions I have type of update, but also, the receiver filed a “CERTIFICATION OF MEET AND CONFER AND STATUS REPORT PURSUANT TO ORDER ON STAY OF PROCEEDINGS AND REQUEST FOR HEARING” thingy. We’ll do that first, and then get to some other assorted things. I got some fresh cold brew, dash of coconut milk, the cats have been fed, so let’s go. Also, the cats are fighting.

• “Receiver Phillip G. Young, Jr. (the “Receiver”), Plaintiff Farm Credit Mid-America, PCA (“FCMA”) and Defendant Keith Weaver, Defendant Fawn Weaver, and Defendant Grant Sidney, Inc. (collectively, the “Defendants”)(collectively, the “Parties”) hereby certify that on Monday, January 26, 2026 at 11 a.m. (central standard time), the Parties met via Zoom videoconference to discuss the scheduling associated with the orderly progression of this litigation, as required by the Court’s Order dated December 22, 2025 (Docket No. 90).”

  • We all sure wish we could’ve seen this zoom.

• “Following the meeting, the Parties determined that they were unable to reach an agreement on a joint schedule for the progression of this litigation and request a hearing with the Court to set an appropriate schedule.”

  • I’ll bet they won’t be able to agree on many many things going forward. They need the judge to just make it happen because the parties probably can’t agree which caviar to put on their chicken nuggets.

That’s it. That’s the document. Remember when the Judge mentioned brevity? Justin and the Receiver have landed some crisp shots without restoring to 27 pages of steaming hot garbage. Short, and to the point.

Thoughts and Questions-

• Why hasn’t Follow the Case been updated since January 8th? Lord knows they’ve filed a dump truck full of things to the court. How can we follow the case if the blog isn’t updated?

  • I told a pal when she launched it that she would lose interest in keeping it current. Blogging is one thing, doing update blogs is freaking WORK, and we know The Weaver (TM) doesn’t like real work that doesn’t involve ring lights or bottle signings.

• January is about over, will The Weaver (TM) return to the distillery in February for bottle signings and ”Fawn over Fawn” meet and greets?

• The NexGen thing gets goofier and goofier. No really, you have to watch the purely AI built video. It’s got misspellings and is just weird. Also, reminder, that is NOT Nearest Green. I will break that video down in a future update, but you should watch it so your eyes will get their exercise from rolling so much.

Don’t come at someone that knows what you are.

UPDATE 1/29- #2-

Oh boy! Right after I typed up the update below, the receiver went full John Cena. Queue up the entry music and let’s jump into the ring. He filed his response to the one filed by The Weaver (TM) just a few hours ago.

• “This response will be brief as the Receiver does not want to further burden the Court, which is already having to address a seemingly endless stream of motions for reconsideration, emergency scheduling motions, and the like. Rather, the Receiver seeks to clarify only two issues: 1 the Receiver has complied with the terms of the Agreed Order concerning the Motion to Clarify, as well as the spirit underlying the Agreed Order; and (2) he offered to continue the hearing on the Motion to Clarify to allow for more briefing time if the entirety of the February 9 hearing was continued.”

  • Captain Phillip is finished playing, and this is him setting the table.

• “The Receiver complied with the terms of the Agreed Order setting forth the schedule for the Motion to Clarify, as this Court found in its January 23, 2026, Order (Doc. 116). The Receiver will not belabor that point. However, to the extent the Movants accuse the Receiver of violating the spirit of that Agreed Order, he takes exception with that accusation. The Receiver believed then, and believes now, that the schedule laid out in the Agreed Order was intended to accomplish judicial efficiency; it was not meant as an advantage for the Movants. “

  • LOL. IT WAS NOT MEANT AS AN ADVANTAGE FOR THE MOVANTS.

• “The Movants have first- hand knowledge of the dozens of transfers between the receivership entities and those entities subject to the Motion to Clarify; they and/or their common owners orchestrated those transfers and have had an opportunity to review the same bank statements that they produced to the Receiver. The agreed upon schedule was intended to encourage discussion amongst the parties and not burden this Court if the transfers could be adequately explained by the Movants.”

  • I’m dying here. The movants have first hand knowledge lol. Of course they do. I said this in my update below, it’s your business, you know where the money went. We know where the money went. We just don’t know what you spent it on.

• “The Receiver has had substantial communications with the Movants’ counsel about the Motion to Clarify and believes he fully understands their explanations. However, those explanations do not satisfy the Receiver nor could almost any explanation adequately explain the multitude and amount of transfers between all of these related entities. The Receiver and the Movants are at an impasse on this issue and the Court will need to decide it. Any further discussion between the parties on this topic would be fruitless; they simply see the same facts through very different lenses.”

  • Alexa, translate. “I hear your explanations, but they’re bullshit.” Please pay attention to the word multitude. Also, pay attention to the fact that the relationship is beyond frosty. It’s wearing a suit of armor at the north pole with no underwear on kinda cold. The lenses the movants are using are truth blockers.

• “Given the first-hand knowledge of the Movants regarding the issue at hand, it is difficult to ascertain how they could be disadvantaged by not knowing the identity of potential witnesses more than a week prior to the hearing. However, to alleviate that concern, the Receiver hereby notifies all parties that his potential witnesses regarding the topics at issue in the Motion for Clarification are limited to the Receiver and Tim Stone of Newtek Financial Advisors.1 Indeed, the Receiver anticipates filing a fulsome affidavit with the Court by February 2, 2026, which will contain the entire substance of his testimony, and attach all relevant exhibits, concerning this issue.”

  • The receiver is like, fine, here are my cards, I don’t care that you know what I’m holding, I’ve got you.

I’m more than certain that four Ace’s beats Fawndyland cards.

• “Finally, the Receiver notes that he offered to continue the hearing on the Motion for Clarification to allow for additional briefing time if the Movants were willing to likewise move the hearing on the Motion for Reconsideration. The Movants did not substantively respond to that suggestion prior to their filing of this Motion. A copy of the correspondence between counsel on this topic is attached as Exhibit A. The Receiver believes that both the Motion for Clarification and the Motion for Reconsideration should be resolved as quickly as possible, as it is a dark cloud hanging over the future of this receivership and over actions the Receiver believes need to be taken.”

  • Someone is acting in the best interests of the receivership, and someone is not.

• However, he offered to continue the hearing on both issues as an accommodation to the Movants, if they truly felt disadvantaged by the schedule. The Receiver strongly agrees with the Court that these two matters should be considered in a single, consolidated hearing for the sake of judicial efficiency. Much of the evidence as to the comingling among entities also goes to whether the continuation of this receivership is warranted.”

  • Receiver- we can walk and chew gum during the same hearing.

• “Moreover, the two potential witnesses for the Motion for Clarification (the Receiver and Tim Stone) are also potential witnesses for the Motion for Reconsideration. Efficiency should be given strong consideration, especially in a receivership action where a secured creditor has been ordered to fund the receivership’s professional fees.”

  • Logical, professional.

• “WHEREFORE, the Receiver respectfully requests that this Court deny the Movants’ emergency request to reschedule the hearing on the Motion for Clarification. Alternatively, the Receiver respectfully requests that the Court continue the hearing on both the Motion for Clarification and the Motion for Reconsideration for the same date, for the sake of judicial efficiency.”

  • They said it was an emergency, they got what they wanted, they now don’t want the thing they wanted, but there’s no reason not to give them what they wanted so let’s dance.

This wasn’t quite as good as Hamlet, but damn this was a pretty direct motion by the receiver. Cap’N Phillip is ready to go. Pretty sure he’s bagged the cat, pretty sure The Weaver (TM) knows it, and now it’s just about slinging dog poop at everything trying to stink everyone out.

That hearing will be a massacre.

This about sums it all up.

UPDATE 1/29-

Today a filing from The Weaver (TM) and it’s 27 pages SMH. I wonder if there will be any propaganda or nonsense….. There is. A lot of repetition. Lots of background that we’ve all seen and heard repeatedly. No Senzaki mentions, which might be a record.

There’s nothing earth shattering other than she’s trying to delay the motion for inclusion for the Seventies (TM) (except oddly, Grant Sidney).

Ok, the Chrysler is gassed up, so let’s drive. We will be skipping the recaps of the recaps of the recaps that The Weaver (TM) filed.

• “This Motion is made with the utmost deference to the Court’s authority and solely to ensure that the Non-Parties, which include the Movants and Grant Sidney, Inc., have an adequate opportunity to be appraised of whatever factual allegations and evidence that the Receiver intends to submit relating to the Non-Parties so that those parties can investigate those allegations and provide a full and complete response. The relief requested against these entities is an extreme form of relief given that there has been no allegation that any of these entities are in possession of property of the Receivership Estate. Because the relief sought is extraordinary, the Non-Parties respectfully submit that they should have a reasonable opportunity to prepare and be heard before such relief is considered.”

  • The crux of this motion is “Tell us what you got so we can come up with bullshit to deflect it.” That’s it. They want the judge to force Cap’N Phillip to show his cards before they play theirs. The Weaver should know their businesses inside and out (oopsie) and what might be alleged, or suspicious, and be prepared to defend those things via their lawyer. But they want the Receiver to do the work for them, essentially showing his cards, so they can see what he knows.

• “The Scheduling Order requires that the Receiver, Farm Credit and Non-Parties submit their witnesses and exhibits, and any argument, by February 2, 2026. In other words, the Non-Parties are required to submit their witness and exhibit lists prior to even knowing the specific transactions or factual theories that the Receiver believes may support putting these seven Non- Parties into receivership. As a practical matter, the Non-Parties cannot reasonably determine what evidence or witnesses will be necessary if the Non-Parties are not provided any identification of the factual basis for the Motion to Clarify with respect to each of the Non-Parties.”

  • See? How can we defend ourselves if you don’t tell us what play you’re running. Imagine a football team saying this.

They then spend significant space (and adds to my Pacer balance) decrying the amount of time they’ll have during the hearing because they have so much stuff to address. I mean, they need at least 22 hours to talk about Senzaki right? They want an hour for each of the Seventies (TM), lunch breaks, bathroom breaks, bottle signing breaks… they want as much time as possible to talkity talk talk talk. The Judge has already said he doesn’t need corporate history, management history, etc…

• “This Motion is filed solely with respect to the six Movants, excluding Grant Sidney, Inc. With respect to Grant Sidney, Inc., the transactions that could potentially be at issue for the Receiver are discrete and are finite. Consequently, Grant Sidney, Inc. does not seek to continue the hearing on the Motion to Clarify as it pertains specifically to Grant Sidney, Inc.”

  • This is an interesting move. I’m unsure why Grant Sidney isn’t hoping for a continuance. Perhaps someone smarter than I can shoot me an email about it.

They then spend my Pacer money on a timeline recap. Then they include this email from the Receiver sent in October of 2025 which offers some insight on his thinking.

• “I fear this Motion to Clarify has become a way bigger deal than I ever intended. As I explained initially, this was my motion to simply seek guidance from the Court about these other entities that “might” fit within the broad definition of “Receivership Entities” in the receivership order. I fear that it has spiraled into a “Weavers vs. Farm Credit” fight; that was never my intent with this motion. I was truly just trying to do what I thought the Court expected me to do. And I’ve been completely transparent about what we see and don’t see in the Debtor’s records, but even that transparency seems to be backfiring. Then last night I see that you’ve asked the Court for a hearing in Chattanooga and I simply don’t think this issue necessitates all of that; I suspect that FCMA would agree. So let me propose a solution. What if we agree to just stay all of this in exchange for you providing me five years of bank records for any of the ten entities that have accounts (subject to a protective order that says only me, my counsel, and my financial advisors will have access to the records)? We will then take a look at the records. If, after looking at the records, we see no significant connections we will say so to the Court and withdraw the motion. If we think there has been significant co-mingling, we will let both you and Farm Credit know that we intend to notice up the motion for a hearing. Maybe that will save us all some time and money. What do both parties say about that? I just don’t want to waste time and money on a contested hearing that may be for absolute naught. If I can see the other side of the equation, we will quickly know whether there is something to argue about here or not. Mike & Demetra, I would like both of your thoughts about this suggestion, that I hope you both find somewhat practical.”

  • It opened a whole lot of whoopass is what happened. This more than likely soured the relationship between Cap and The Weaver. Recall also that the records were incomplete.

Ahoy matey, there be rakes ahead.

They then remind the court the receiver was late filing, which Cap’N Phillip already apologized for, and the judge forgave.

• “The Movants can’t compel the Receiver to do what he agreed to do but asks the Court to at least allow these Movants basic due process in this proceeding by being appraised of the evidence that the Receiver intends to submit to support his request to place these Non- Defendants in receivership and have an opportunity to adequately investigate and address that evidence and those claims.”

  • They will make this same argument several times throughout the filing, but the shade they threw at him was kinda funny. Tip of the cap.

• “The Receiver has yet to identify any asset of the Receivership that is in possession of any of the Non-Parties. The risk of erroneous deprivation is also extremely high. As noted, there has been no allegation that any of these entities hold assets that are property of the Receivership. The only basis asserted for placing these entities in receivership consists of the Receiver’s vague assertions of alleged commingling, without providing any specifics or evidence regarding the same. The Receiver has not even made a facial showing that he has any evidence that would support an alter ego judgment with respect to any of these entities.”

  • And this is why he is asking for inclusion. He's seen the money move, he just doesn’t know what they spent it on.

• “WHEREFORE, the Movants respectfully request that the Court reconsider the Scheduling Order, grant a continuance of the hearing on the Motion to Clarify as it pertains to the Movants (excluding Grant Sidney, Inc.), establish appropriate dates and briefing timelines for resolution of the Motion to Clarify with respect to each of the six Movants, and grant such other relief as is appropriate.”

  • Remember when it was an emergency to expedite these hearings and now they seek to delay it? Not an emergency emergency it would seem.

Cap’N Phillip doing the best he can.

UPDATE 1/27-

Today’s update will break down an email that went out to the investors from the receiver. The investors have been pretty much held hostage to this nonsense since The Weaver (TM) decided that she wasn’t going to sell the company, had no exit strategy, or a plan to return on investment money to investors who wanted out, after she arbitrarily changed her mind. Cap’N Phillip probably getting hammered with calls / emails / texts every time some goofy “offer” rumor is put up. Cap’N Phillip would probably be better off with his own blog at this point. Anyway, let’s get into the email that went out.

• “To Uncle Nearest Shareholders: Over the past month, many of you have reached out seeking information regarding the company's status. Due to the demands of operating the company, pursuing value-maximization opportunities, and responding to litigation filed by the Weavers, I have been unable to respond to all inquiries from investors and creditors.”

  • As frustrating as it’s been for the investors, at least they’ve got to take comfort that this is what transparency should look like. Something they’ve been missing since sinking their money into a sinking ship.

• “I am aware that misinformation has been circulating through press reports, the internet, and social media. To address this, we are developing a FAQ website that will provide accurate, timely information to shareholders, creditors, and other interested parties, to the extent permitted by confidentiality obligations inherent in my role as receiver and legal counsel.”

  • Folks, this is about NexGen nonsense. From jump I questioned the credibility of it. I stopped looking into the parties because it’s a fools errand, they can’t make the scene because they ain’t got the green. Well, they might have some green, but it isn’t the money kind. Sadly, too many reports did breathlessly report on the “offer” as if it was serious, or credible. Janet put the final nail in that coffin, but not before it made the rounds of the repost and sock puppet accounts. Cool that they’re creating an FAQ site, that creditors (SOOOO MANY) can finally find some information on.

• “My team of professionals continues to seek viable refinancing opportunities and potential purchasers for substantially all company assets. To date, we have not received a firm offer that we are prepared to recommend.”

  • I bolded the last part. This means, an offer cannot make the bank loan WHOLE, let alone any creditors, or investors. Sweet Baby Back Ribs, the offers were expected to be low, but this low? NexGen wasn’t a firm offer, nor have any of the others been.

• “Once we receive a firm, acceptable offer from a party with demonstrated financial capacity to close, shareholders will have an opportunity to participate in the approval process. In all likelihood, this will occur through a court approval process in which shareholders will receive advance notice of a motion seeking court approval of the proposed transaction and will have the right to file written objections with the court and appear at the hearing. While it is possible that the matter could instead proceed through a shareholder vote, the court approval process with objection rights is the more probable path.”

  • This is called laying out what is about to happen. Note the use of the word transaction, and not refinancing here.

Trust Me Bro cats are not credible.

• “I will not accept any offer without appropriate court authorization or shareholder approval. Nor will I disregard any legitimate proposal made in good faith.”

  • So far, not a lot of good faith. This is good for people to hear. The receiver won’t just take a ding-dong offer, but will vet them, ensure they have the money they say they have, and then act on it.

• “Once operational, the FAQ website will serve as our primary communication channel. Please understand that my duties as receiver and attorney require that certain information remain confidential at this time. While I recognize your desire to be fully informed, I know you share my commitment to maximizing company value. I am working diligently to balance transparency with these confidentiality obligations and fiduciary duties. I will notify you once the website is established. Thank you for your patience and continued support.”

  • Captain Phillip laying things out. I’m guessing this is better than what the investors and creditors have been given for quite some time, and I’ll wager that they’ll take anything at this point.

Leave it to Weaver needs a reboot. These episodes are boring.

UPDATE 1/26-

Quick update. The Receiver filed a brief paper.

• “In the Court’s Order, this Court directed the Receiver to “submit brief reports stating which obligations under the Agreed Order have been completed and which remain outstanding” every thirty days. As such, a report is due on January 26, 2026.”

  • Checks date, yep, 1/26/26.

• “For the Receiver’s report, he states that the Court has now scheduled a hearing to consider the Receiver’s Motion for Clarification of Receivership Order (Doc. 41) for February 9, 2026. The Receiver intends to file a brief with the Court, presenting evidence that supports his request to include additional entities in this receivership action, by February 2, 2026, pursuant to the terms of the Agreed Order (Doc. 79).”

  • Likely very real evidence and not the usual “Senzaki Bad” gibberish.

Best performance in a court order goes to…… Judge Cat.

UPDATE 1/24-

I woke up this morning still chuckling over the Judge’s comments in yesterday’s court order. The man dropped some Hamlet in there, and I still can’t believe how much of a gift that was. Court docs are usually pretty dry, and this was colorful, playful, and forceful all at once.

I had promised to do some further reporting on the NexGen “offer” but Janet Patton was all over it. I’m going to link the full article here and then break some things down and drop some snark, because she can’t, and I’m out of cold brew.

A few days ago I had shared that NexGen didn’t pass the smell test. Formed before the bank filed the lawsuit, three of its founding partners dropped out after the “offer” was delivered to the bank, and the receiver without so much as an email address or phone number to respond to. It’s down to two partners who “represent” an undisclosed investor group.

The IG account that was promoting the “offer” looked to me to just be another form of CryptoBro style financial influencer with very, very low engagement on their pages (three accounts, cross promoting, all the same owner). Yesterday, the IG account posted an introduction on “The Power Behind The Move.” Sounds like a bathroom joke just waiting to happen.

The post reintroduced us to Mark A. Jones (gospel songwriter?) and Walter L. Miles (NexGen) and an interesting fellow named Solomon R.C. Ali.

Now that the stage is set, let’s dive into Janet Pattons excellent piece.

• “The investors considering purchasing Uncle Nearest may include a man tied to companies that have faced serious federal scrutiny.”

  • I’m about as shocked as I am every morning when the sun comes up. As in, nothing about this affair shocks me anymore.

• “Walter Miles, who is representing NexGen2780, said in an interview with the Herald-Leader he could not name the investors.”

  • Well Walter, you will have to eventually, if this thing is even serious. The court will get that record, and if the offer to buy is accepted, there will be names on the dotted line. Or, do the names exist in Fawntasyland (TM)?

• “But he confirmed that the general manager of the group is Mark Jones, who Miles said has “put together an amazing team of people who have turned around and disrupted multiple industries.”

  • Also, they are probably fat free, sugar free, gluten free, additive free, high net worth individuals, who have set world records for being amazing. Also, disrupting things isn’t always a good thing. I could walk into a Dollar General and knock over the racks of merchandise, get arrested for it of course, and then claim I disrupted an industry. Or I could just be the CEO of something and run it into receivership, that’s also disrupting an industry.

• “Ali is described in the post as a “legendary consultant and capital architect advising behind the scenes” and claims he “led the team behind the technology, patents, and licensing architecture that power the Ring Video Doorbell.” Although this assertion of a link to Ring has been repeated in press releases and interviews with Ali, it’s unclear what it is based upon. Ring was invented by Jamie Siminoff and published stories about Ring’s development do not include any references to Ali.”

  • Presumably he also invented Post-Its. Also, why is everyone around this case so extra? Legendary, amazing, record breaking. It’s all so exhausting.

• “Asked about the Instagram post, Miles would say only that Ali’s “name is trademarked and copywritten. It has a UCC1 filing in California. Any use of his name without his permission cost $500,000.”

  • See? EXTRA? Everyone is so extra. Also, the post was removed as of this morning, so I guess Kareem of blackdollars101 doesn’t have enough to cover.

• “Miles would not confirm or deny to the Herald-Leader Ali’s involvement in the bid for Uncle Nearest.”

  • Why do the interview if you’re just going to serve Janet some of Fawn’s World Famous Nothing Burgers?

• “On Ali’s LinkedIn.com profile, he does not mention Ring but lists, among other things, that he is CEO-Director since 2010 of Revolutionary Concepts Inc. of Charlotte, N.C., CEO-Director of Universal Bioenergy and founder of Rainco Industries Inc. in Atlanta, Ga.”

  • I mean, with a sheet that impressive why even bother with something so small as Ring?

It’s about to get juicy below the break.

You can delete things, but the internet never forgets.

• “All three companies have been in hot water with the federal Securities and Exchange Commission, which wanted to bar Ali permanently from holding any corporate office or director’s position.”

• “In 2018, the SEC sued Ali (also known as “Richard M. Carter)” and Ali’s then-girlfriend Nicole C. Singletary and lawyer Earnest H. “Woody” DeLong Jr., as well as associated companies Rainco Industries and Revolutionary Concepts Inc.”

• “According to the SEC’s complaint, Ali was REVO’s senior vice president of corporate finance and investor relations at the time he made “false and misleading statements in press releases and public filings as part of a scheme to defraud investors.”

• “The SEC was awarded summary judgment against Ali in the U.S. District Court in Georgia, and he was barred from either serving as an office or director or from working in the “penny stock” industry for 10 years and fined him $107,500, according to court documents. Universal Bioenergy’s registration of securities was revoked by the SEC in 2018.”

Friends, Romans, Countrymen, lend me your ears…. can we put this NexGen thing to rest once and for all? It smells like a HoneyBucket during Jazz Fest. I’m not saying that it is full of shit, but it sure gives off a very particular aroma.

All they have to do is write the damn check and call it a day. Put up or shut up. Shit or get off the pot. If they can’t, then it’s “All hat, no cattle” time.

The entire thing does not inspire any sort of confidence in the potential credibility of the offer. It comes off as unserious propaganda possibly meant to derail the receivership, or to manipulate the sale, or the price paid.

Can they pull it off? Sure, just like I could potentially become a millionaire by purchasing a lottery ticket.

We are left with questions without answers. Why would three partners dip out right after the “offer” was made? Why does UN attract potentially unscrupulous people?

I gotta hand it to Michael Collins, he’s performing some true Matrix level silencing here.

UPDATE #2- 1/23-

We have some activity. We had a few notices of hearings, Motion Hearing set for 2/9/2026 10:00 AM Motion to include, and motion to reconsider. Consider this essentially the motion to include The Seventies (TM) and the Motion to remove the receiver. We also have a court order which we will break down below.

• “Motion for Expedited Hearing on Motion to Reconsider and for Related Relief.. For the following reasons, the Request for a Hearing in Relation to the Receiver’s Motion to Clarify is GRANTED and the Motion for Expedited Hearing on Motion to Reconsider and for Related Relief is GRANTED IN PART and DENIED IN PART.”

  • Oh, tell us more Judge!

• “The Agreed Order previously entered by the Court provides that following the conclusion of the Receiver’s investigation into the ten entities, he was to “file a notice…requesting a hearing on the Motion to Clarify or, alternatively, provid[e] notice that no further hearing is needed on the Motion to Clarify” and withdraw the motion. The Receiver has filed such notice, withdrawing the Motion for Clarification as to three of the ten entities and stating that a hearing is needed regarding the remaining seven.”

  • Still bummed that he didn’t say Tentities, but 7 is better than 0.

• “Despite being the ones who requested a hearing in the first instance, the ten entities object to the Receiver’s Notice. They argue that the Receiver failed to abide by the Agreed Order’s terms and that this failure should bar the Receiver from pursuing the Motion for Clarification any further. The Court disagrees.”

  • If the court had agreed with this it would’ve been mindblowingly stupid. It was a dumb argument that The Weaver (TM) tried to argue.

• “Perhaps recognizing the inherent weakness of this argument, the ten entities alternatively take issue with the lack of factual detail in the Receiver’s Notice. The purpose of the Receiver’s Notice, however, was not to lay out all the evidence that may support their inclusion in the receivership estate. Rather, its function was, as the title suggests, to provide notice to the Court regarding whether a hearing on the Motion for Clarification was necessary.”

  • Someone broke out the Irk Stick and started swinging. That someone being the judge, and he looks to be tiring of the nonsense.

• “As the Receiver’s Notice accomplishes this function, it is immaterial whether it lacks significant factual detail. The facts will be addressed at the hearing on the Motion for Clarification, a hearing that the ten entities originally requested (and which they would still like on an expedited basis. For the foregoing reasons, the Request for Hearing is GRANTED.”

  • Let’s have the Hearing. The one you asked for. You can see the facts there.

Things are about to get juicy. Keep reading.

Perhaps, is an interesting word here.

• “As explained in greater detail below, the Motion for Expedited Hearing on Motion to Reconsider and for Related Relief will be granted in part and denied in part. Specifically, it is granted in that the Court will promptly set the Motion to Reconsider for hearing and denied in that the Court will not allocate two days for the hearing nor will it restrict the Receiver’s powers pending resolution of the Motion to Reconsider.”

  • Yes, you can have the hearing. No you cannot set terms. No you will not put Cap’N Phillip on pause while waiting.

• “The Court appreciates the need to expeditiously resolve the Motion to Reconsider. If, as Movants claim, the circumstances in this case no longer justify the continuation of the receivership, then the receivership should be promptly terminated. Conversely, if the receivership remains necessary, then the cloud cast over it by the Motion to Reconsider should be promptly eliminated so the Receiver may focus on the administration of the receivership estate. Accordingly, the Court will set the Motion to Reconsider for hearing as soon as practicable. The Court, however, cannot provide the Movants with their requested two days for the hearing. The Court’s resources are finite, and they must be divided among the many cases currently pending before the undersigned, each of which is just as deserving of the Court’s attention. The Court will give the parties adequate time to fully litigate the Motion to Reconsider, but it cannot give them two days.”

  • Kinda feels like the judge knows this won’t take two days anyway.

• “Turning to Movants’ request that the Court substantially limit the Receiver’s authority pending resolution of the Motion to Reconsider, the Court understands the Movants’ position that the receivership is harming the receivership estate. The evidence of this, however, is conflicting at best. It would be imprudent for the Court to restrict the Receiver’s authority before the matter has been fully litigated. The Court will promptly resolve the Motion to Reconsider but until that occurs, the Receiver shall retain all powers and authority as conveyed to him in the Order Appointing Receiver.”

  • Conflicting at best is being very generous here. It’s not like Cap’N Phillip is spending company money traveling around and autographing bottles.

• “The Court will conduct a joint hearing on the Motion for Clarification and the Motion to Reconsider on February 9, 2026, at 10:00 a.m. ET at the U.S. Courthouse, 800 Market Street, Knoxville, Tennessee. The Court will conduct a joint hearing for three reasons.”

  • Add to your calendars folks.

• “First, while the Motion for Clarification and Motion to Reconsider address separate issues, the evidence introduced regarding each will likely overlap to a degree. For example, if the evidence introduced at the hearing was to show that the Weavers funneled money from one or more of the Defendant Companies to any of the seven entities that are the focus of the Motion for Clarification, that evidence would be relevant to both whether the receivership should remain in effect and whether it should be expanded. Accordingly, it is more efficient for the Court to receive this evidence once as opposed to on two separate occasions.”

  • Cap’N Phillip wouldn’t have asked for this hearing if he didn’t have the funneling.

• “Second, conducting a joint hearing will allow the Court to more expeditiously resolve both the Motion for Clarification and the Motion to Reconsider. The Court’s schedule simply will not allow it to set two expedited hearings in this case at this time. As a result, the options before the Court are to either hold a joint hearing on both motions or relegate one of the motions to be heard at a much later date. Considering the urgency with which the now seven entities and the Movants say the matters in the Motion for Clarification and Motion to Reconsider should be resolved, the Court finds it prudent to hold a single joint hearing.”

  • They asked for a quick hearing because EMERGENCY OMG! and now they have it. Also, maam. This is a court, not Burger King. You have it OUR way.

• “Third, the Court is not convinced the parties need more than a single day to fully address both the Motion for Clarification and the Motion to Reconsider. The motions do not exist on a blank slate. Each has been extensively briefed, and the Court is intimately familiar with not only this briefing, but the record as a whole. Consequently, the parties will not need to waste time at the hearing setting the scene. Instead, they should focus on their key arguments and evidence. The Court encourages the parties to embrace Polonius’s observation that “brevity is the soul of wit” rather than his longwinded habits and is confident they can fully litigate both motions in a single day. WILLIAM SHAKESPEARE, HAMLET act 2, sc. 2, l. 90. Furthermore, should the hearing leave any lingering questions, the Court can order supplemental briefing from the parties.”

  • Not this judge dropping the bars from Hamlet!!!

• “On or before February 2, 2026, the parties SHALL each file a list of the exhibits they intend to offer at the February 9th hearing with the exhibits pre-marked for identification purposes. The parties SHALL also each file a list of the witnesses they intend to call at the February 9th hearing. Finally, the parties SHALL submit supplemental briefing regarding the Motion for Clarification as contemplated by the Agreed Order”

• “Finally, the Court will provide the parties with a word of warning. It has been repeatedly represented to the Court that this case has drawn significant media attention. The Court is not blind to the fact that when a case captures the public’s interest, the parties often end up litigating two cases, one in the court of law and the other in the court of public opinion. In such circumstances, a party’s legal arguments are often informed by public relations concerns. This is both commonplace and understandable. However, there is a fine line between litigating a case while keeping public relations implications in mind and using the justice system as a vehicle to promote a specific narrative. And while the Court permits the former, it will not tolerate the latter. See Trump v. N.Y. Times Co., 800 F. Supp. 3d 1297 (M.D. Fla. 2025) (striking a complaint as improper where it principally served not to place the defendant on notice of the claims against it, but rather to advance a specific and vituperative public narrative). The Court will not allow either the February 9th hearing or these proceedings more generally to be used as a public relations campaign. If the Court finds that any party is using these proceedings for an improper purpose rather than to resolve the underlying issues, then that party and/or their counsel may be sanctioned. See FED. R. CIV. P. 11; 28 U.S.C. § 1927.”

  • And finally, at last, a court ordered warning to stop filing propaganda.

UPDATE 1/23-

While I’m working on a few angles to put NexGen to rest, and waiting for more court orders, I highly encourage you to check out Duane Cross and his reporting at the MC Observer. He’s really locked in on the investor / financial parts of the story. Janet Patton and Shelbyville Now are also doing some good work on the general reporting of what’s happening. I’m not giving up continuing to update this page, I will, it’s just awesome to have some company on this mess, and I want to share the things I appreciate that aren’t Cold Brew related.

Coming soon to Netflix.

UPDATE #3- 1/20-

Two more filings tonight. Sealed, so not much to break down. We’ll do what we can anyway, there’s lots for you to read down below anyway. One is a sealed document, nothing we can do about that. The second is the reply to reconsider the receivership response, which refers to the sealed document, so essentially a nothing burger.

• “Grant Sidney, Inc. (“Grant Sidney”), Fawn Weaver and Keith Weaver (collectively, the “Weavers”, and collectively with Grant Sidney, the “Movants”), by and through their undersigned counsel, hereby request leave to file under seal their Movants’ Omnibus Reply Relating to Motion to Reconsider (the “Reply”), which is submitted herewith as a “Proposed Sealed Document.”

  • Boring.

• “The Receiver has filed his Response to the Motion to Reconsider, as well as the Receiver’s Second Quarterly Report, under seal and Farm Credit has likewise filed its Response to the Motion to Reconsider Under Seal. Since the Movant’s Reply directly addresses the allegations and information in the Responses of the Receiver and Farm Credit and in the Receiver’s Second Quarterly Report, maintaining the Movant’s Reply under seal is appropriate, pending the hearing before Magistrate Judge Steger on January 20, 2026.”

  • It references the zoom hearing that was held today, but we don’t know the contents of that yet either. What I wouldn’t give to be a fly on the wall for all these sealed filings. The Weaver finds the sealed documents appropriate. Probably because it destroy their narrative.

UPDATE #2- 1/20-

Two filings to talk about…. gas up the Chrysler, looks like someone is back on their bullshit.

First filing, was a notice of appearance and request for service. Let’s go right to it.

• “The undersigned files this appearance in this case and gives notice that she will appear and represent the interests of Monalto Corporate Events, Inc., and requests to be served with copies of all filings and notices in this case in accordance with the Federal Rules of Civil Procedure, and the Local Rules for the Eastern District of Tennessee. Service may be made as follows:

  Susie Lodico

  CHAMBLISS, BAHNER & STOPHEL, P.C.

  Liberty Tower

  605 Chestnut Street, Suite 1700

  Chattanooga, TN 37450

  Telephone: (423) 757-0271

  Facsimile: (423) 508-1271

  Email: slodico@chamblisslaw.com

  Dated this 20th day of January, 2026.”

  • Note that Monalto is owed a metric crap ton of money, and they want documents, and they want them now.. Last I heard, Monalto was owed at least $100k, looks like some folks are now lining up, I would probably expect some more of these filings….

Ok, now buckle up for the next one. I hope you took the money line on it being 18 pages of stinky dog shit.

The movants filed an emergency motion for expedited hearing on motion to reconsider the receivership, ask for related relief, and statement in support of maintaining filings under seal. I will paraphrase heavily here because I have some feral cats to feed.

• They support the Receiver/Bank motions to seal.

• They think it’s sound and appropriate.

• Movants will file their response under seal (later today).

• Request an expedited hearing with the assertion that the Receivership is no longer necessary.

• “Developments during the Receivership have included a precipitous decline in retail sales and enterprise value that is directly attributable to the Receivership itself, the Receiver’s lack of experience in running a large scale whiskey brand, and to strategic decisions made within the Receivership that were contrary to the recommendations of the Company’s sales and marketing leadership. As addressed in the Motion to Reconsider, those decisions resulted in, among other things, widespread out-of-stock conditions across the country during a pivotal selling period, further exacerbating brand erosion.”

  • Yes, we know that the #cleartheshelves was an utter failure, but the funniest part is that The Weaver claims that Cap’N Phillip lacks experience in running a whiskey brand. One could argue that this isn’t materially different than the CEO, who also lacks experience.

• “This divergence is reflected in objective market data. As shown in Exhibit A, Uncle Nearest consistently outperformed the broader American whiskey market from 2023 through August 2025, generating positive growth differentials during periods of both market expansion and contraction. Beginning in September 2025, immediately following the appointment of the Receiver, that relationship reversed. Uncle Nearest began underperforming the market, with negative deltas that widened each successive reporting period through January 2026, despite no material change in broader market conditions. Through the first several weeks of January 2026, Uncle Nearest underperformed the market by 18.3 percentage points, reflecting a 49.5-point reversal from Uncle Nearest’s performance in January 2025, when the brand outperformed the market by 31.2 percentage points. These figures are publicly available.”

  • I can’t verify that this information is true. Not saying it isn’t, just saying I can’t verify it. It would make sense that sales have cratered, a company landing in receivership is never a good thing, no matter what anyone says, and it leads to crisis in confidence from bars/restaurants/stores who might pause on orders, to distributors sitting on years worth of inventory that hasn’t yet moved. It’s just interesting how we used to get all those social media posts stating how everything was up eleventy-billion percent in 49 markets. Exhibit A is below, as submitted, again, I can’t verify whether this is true or not, but here it is.

It’s all the receivers fault! Or Senzaki’s. Or both. Or everyone but meeeeeeeee.

• “Movants respectfully submit that an expedited evidentiary hearing is appropriate so that a full record can be created and the Court may hear directly from qualified witnesses and consider evidence bearing on the continued justification for the Receivership. This includes testimony regarding enterprise value, brand positioning, distribution dynamics, and consumer behavior specific to Uncle Nearest, as well as evidence relevant to governance, collateral protection, operational trajectory, and creditor resolution. The Movants anticipate that they will need two days for the hearing.”

  • I sure hope Kandi can attend the hearing if it’s open to the public.

• “Had mediation been pursued earlier in the process, as the Receiver indicated would be his initial priority, and had the Receiver been available to work alongside the Company’s leadership with greater regularity, Movants believe the current decline in sales and enterprise value could have been avoided. Early engagement and sustained collaboration may have allowed the parties to address concerns, preserve operational momentum, and avoid the market disruption that followed.”

  • I can’t believe I’m in agreement with The Weaver here. If only the exalted Company leadership hadn’t drove the company into receivership because they hadn’t paid their bills (a lot of them, not just the bank), then yeah, this all could have been avoided.

• “Because that did not occur, Movants respectfully submit that the need for an expedited hearing is now acute. With each passing day, the Company experiences further erosion in market position and enterprise value following the imposition of the Receivership. An expedited hearing with sufficient time allocated for the presentation of evidence will provide the Court the best opportunity to assess the appropriate path forward and maximize the likelihood that all stakeholders can be made whole, an outcome that becomes increasingly difficult the longer the current posture persists.”

  • Oh here we go with some NexGen nonsense. All stakeholders will not be made whole. Square One, Equiano, Sorel, investors, contractors, small businesses, on and on. If only the bills had been paid before the bank sued. If only the company was well run, and fiscally tight, and not buying trademarks for every damn thing that popped into their mind.

• “The Movant’s Request at Least Two Days Be Reserved for the Presentation of Evidence”

  • Public Service Announcement- Costco and Sam’s Club have a lot of popcorn available.

• “The Motion to Reconsider brings into play a large number of factual issues that will take some time to move into the record. The emergency hearing with at least two days reserved is necessary to address key issues that continue to affect enterprise value, each of which remains central to whether extraordinary relief should continue. Courts have consistently recognized that a receivership should not be imposed or continued where less drastic remedies are sufficient to protect the interests involved.6 In exercising equitable discretion, courts must also weigh whether the harm caused by continued extraordinary relief outweighs its protective benefit.”

  • Let me guess, Senzaki bad. Senzaki really bad. Senzaki super bad. Weavers good. Weavers knew nothing. Weavers completely oblivious to what was going on in their company. Also Senzaki bad.

• “In addition to the matters that are expressly set forth in the Motion to Reconsider, the testimony is also needed to cover the following: Market Position, Consumer Behavior, and Enterprise Value”

  • I can offer my non-expert help- Market position- precarious. Consumer Behavior- not clearing the shelves. Enterprise Value- Not much.

What came next was more of the same old propaganda of “best selling top 20 whiskey brands of five years, 2nd largest Tennessee whiskey brand beating out Dickel (big W there I guess), seventh most visited distillery (measured by who/what?), top ranked on yelp, TripAdvisor (no employee reviews I’m sure), some made up number of visitors, blah blah blah.

They talk about returning the company to the leadership team that was responsible for “mercurial growth.”

Break in the action for a word check- Mercurial Growth- rapid but volatile growth, exciting, but hard to predict or rely on. Truth for once?

I mean, when you have in excess of $300m of other peoples money to play with, you better have some growth mercurial or not, and again, that same leadership team running it right into receivership, not paying bills etc…

• “Movants also anticipate presenting evidence regarding the interests of existing shareholders. Based on confirmed 2025 financial results and a verified 2026 operating forecast, and notwithstanding understandable skepticism among certain investors, a significant number of current shareholders have communicated their continued support for the Company’s leadership and their desire to bring the Receivership to an end as expeditiously as possible and to remain invested as the business stabilizes and returns to growth.”

  • This reeks of “trust me bro.” While I don’t doubt that there are delusional and or stupid investors that continue to buy into the bullshit being shoveled on top of their heads, I would bet at least $14 that the majority just want off this crazy train with some of their investment returned.

• “Testimony and documentary evidence will further address how, under the forecasted operating scenario, existing shareholders can be made whole while creditors are addressed in an orderly and cooperative manner. This includes presentation of a debt-reduction and balance-sheet stabilization plan, developed using current, independently verified financial data prepared by the Receiver’s own professionals. The plan contemplates reductions in outstanding obligations through operational cash flow, negotiated restructuring, and asset-supported repayment, while preserving enterprise value and avoiding liquidation outcomes.”

  • Folks, investors have been sold these sorts of stories for YEARS now. Every quarter, everything is awesome and we have a plan! For years. And all that ended them holding shares in a nearly valueless company that’s in receivership. The numbers are so bad, by this filing, that its financials are SEALED. But, they have a plan if only they can get the receiver out Sure.

The Temple of Fawn is a very scary place indeed.

• “The Movants further intend to provide testimony and documentary evidence regarding a finance and governance plan already developed prior to the Receivership, which would be implemented upon termination of the Receivership and will preserve and enhance enterprise value. “

  • Why not just give it to the receiver so he can accept it and get the hell back to reality? Oh right.

• “That plan includes the engagement of a chief financial officer with more than 25 years of financial leadership experience in the beverage industry, including prior service as Chief Financial Officer of one of the world’s largest spirits conglomerates, who had agreed in principle to join the Company before the Receivership but was unable to commence due to a temporary non-compete obligation. “

  • I’m sure this person would love to be identified.

• “It further includes the formation of a new finance team subject to the oversight of a Big Four accounting firm that had accepted Uncle Nearest as a client prior to the Receivership and has confirmed its ability to resume engagement immediately upon the return of governance to the Board.”

  • Now where have I heard this before? Which is what every investor is probably thinking right now.

• “Upon restoration of governance authority, decision-making would rest with a duly constituted Board of Directors operating pursuant to the Company’s governing documents, with clear authority, appropriate checks and balances, and the ability to act decisively without deadlock. This structure is designed to ensure continuity of operations, financial discipline, and transparency, while protecting the interests of creditors, shareholders, and the enterprise as a whole.”

  • Hmmm, radical transparency was a core claim early on. Since that was mostly wet garbage on a hot day, this time it’ll be different for realz.

• “The Movants intend to provide testimony and documentary evidence that neither Farm Credit nor the Receiver can properly allege any fraud, misappropriation, or intentional misconduct by Fawn Weaver or Grant Sidney, Inc. The evidence will establish that no claim has ever been pleaded explaining why Ms. Weaver is a defendant, no factual theory has been asserted tying her to wrongdoing, and no evidence exists that would justify the continued impairment of her ownership, control, or reputation through extraordinary equitable relief. The inferences otherwise have had and continue to have a significant negative impact on the enterprise value of the Company and need to be addressed on an expedited basis.”

  • Note there is a name missing here. This is a foreshadowing alert!

• “The Movants intend to provide testimony and documentary evidence establishing that Ms. Weaver did not personally receive or monetarily benefit from any conduct Farm Credit now characterizes as fraudulent, and that loan proceeds were deployed into identifiable hard assets, including distillery construction and whiskey barrels, which serve as collateral and are worth materially more than the outstanding debt. These facts further undermine any equitable justification for continued extraordinary relief, particularly where unsupported inferences are contributing to ongoing erosion of enterprise value. Again, an emergency hearing is necessary because the negative inferences arising from Farm Credit’s unfounded accusations are continuing to erode enterprise value.”

  • Note that I bolded the “loan proceeds.” I’m not saying she benefitted from investor money, but I found it curious that she was so specific here. Also, spent money on a distillery that cannot distill. I’m still gobsmacked by this very expensive prop.

• “Mr. Weaver is not addressed in this section because he holds no equity interest in Uncle Nearest, Inc. or in any of the related defendant entities, and therefore does not possess the ownership or control interests that are being impaired by the continued receivership (other than as relates to the Receiver’s Motion to Clarify The relief sought here is directed to the ongoing restraint of equity, governance, and ownership rights, and the evidentiary showing is accordingly focused on those parties whose property interests are directly affected. Nothing in this omission should be construed as an allegation or concession regarding Mr. Weaver, against whom no cause of action has been pleaded.”

  • The bus that ran over Keith, was not in fact driven by the person who filed this, but whoops. Also, Keith owns shares, part of the trust probably, but no way a founding member doesn’t have equity.

Next several sections were old blames on the bank for not telling them what they were supposed to do, or how the bank loaned money and allowed the CFO to draw upon it, which of course goes into the UN bank account, and is traceable. Lots of blame, no accountability, same old story. They plan to subpoena the bank officer to testify.

Now my favorite part.

• “The Movants intend to provide testimony and documentary evidence demonstrating that the alleged “missing” $21 million in inventory (approximately 20,000 barrels of whiskey) were not missing at all. Audits will confirm that the barrels were never absent from the Company’s inventory, except to the extent Farm Credit required that they be excluded from the borrowing base certificate. Rather, the barrels at issue were purchased by Uncle Nearest pursuant to a forward contract through a third-party, unrelated company that specializes in financing whiskey purchases within the spirits industry. Further testimony will establish that the inclusion of barrels purchased under such forward contracts in inventory is proper and required under GAAP, and that an incomplete audit conducted by Farm Credit led to the erroneous claim that these barrels were missing.”

  • I’d like to remind folks that Senzaki was blamed for inflating the barrel counts. But now he’s off the hook? Stories change, and change, and change.

Actually, this is my favorite part.

• “Sworn testimony and documentary evidence will establish that, months before seeking emergency relief, a third-party lead investigator hired exclusively by the Uncle Nearest Board of Directors, and whose findings were not disclosed to the Company’s Chief Executive Officer in order to preserve impartiality, informed Farm Credit, including its Chief Executive Officer, that the former Chief Financial Officer was responsible for the misconduct now cited as justification for the Receivership. “

  • I would like to remind everyone that there are 3 board of directors. John Eugster. Keith (no shares) Weaver, and Fawn Weaver. So who exactly hired the investigator? Eugster, who will probably claim he didn’t know nothing like a Temu Sgt. Shultz? He could do that on his own? Fascinating. Keith Noshares? How’d he do that without Fawn knowing why this person was interrogating employees? Come on folks, this is clown time, and we all have big shoes.

Then there’s 7 more pages of “not fair/Receiver bad" that are mostly rehashes and they ask for an expedited hearing. I hope the judge grants it.

I’ve never seen a CEO who has so desperately wanted to be an influencer.

UPDATE 1/20-

Filing day has arrived. Right out the gate, we have a judge’s order. Not much to it, no need for cold brew.

• “The Receiver has now filed such a motion [Doc. 106], requesting that the Court extend the April, July, and October reporting deadlines for 2026 by slightly more than a week so he “can ensure that the books have been closed for the preceding quarter and that the Court is timely given accurate information regarding the Company’s performance in the prior quarter.” The Receiver further represents that he “has found it challenging to finalize the books for a quarter, gather information from his consulting team, and immediately report on the performance for that quarter the following day.” [Doc. 106]. Considering these representations, the motion [Doc. 106] is GRANTED. The Receiver’s quarterly reports for the remainder of 2026 shall be due on the following dates: April 10, 2026 (Quarter One); July 10, 2026 (Quarter Two); and October 9, 202 (Quarter 3). If the receivership is still in effect following submission of the October 9, 2026, quarterly report, the Court will set deadlines by which the Receiver must submit his quarterly reports in 2027.”

  • This order being granted gives Cap’N Phillip more time to get the report out without having to resort to an amphetamine fueled all-nighter putting it together.

  • Also, if this receivership makes it beyond 2026, I’ll eat my hat.

The episodes of “Leave it to Weaver” are so dull of late.

UPDATE 1/19-

Tomorrow is a big filing deadline day. We have lots of questions, like will they all be sealed (probability is high)? Will there be any rakes that are stepped on (we hope)? Is the offer that’s being passed around really legitimate (I can’t see how)? I just want to dive into a few things this evening about the NexGen “offer.”

• An IG account that goes by Blackdollars101 has recently emerged as a champion of sorts for the “offer”which is run by a person named Kareem Davis who appears to be some form of financial influencer.

• Lot’s of reposts on the account, some crypto bro stuff, and wisdom such as don’t buy things that don’t make you more money.

• Also, if you are one of the people that comment “wealth” on their IG posts, they’ll share some strategies with you via dm. No idea what they are, or if they cost money, but I’ve seen these types of things in other hustle until you make it accounts.

• You also get a warning to review the account before you follow, never seen that before.

• This account posted comments on this post claiming to represent a part of the investor group that partnered with NexGen to make this offer. The account didn’t answer some questions posed to it.

• It did a collaboration posting here with three accounts. Blackdollars101, Infiniteleverage, and Kareem115.

• Even a cursory look at these three accounts shows that it’s run by the same person.

• They all share the same post about Mark A. Jones.

• The post was 5 days ago.

• It has of this writing, 9 likes. Across three accounts.

• The three accounts have a combined 80,000 followers.

• 9 likes. 80,000 followers.

• Who is Mark A. Jones? Well, he wrote a gospel song “Praise Him” for Shirley Caesar.

• Other than that? Maybe owned some salons, used-car lots, real estate, producing, writing?

• So far there is nothing to suggest that Mark, or Kareem is a huge part of any credible offer to take on north of $160m in debts, and to somehow keep an incompetent (at best) gluten free, fat free, truth free CEO on to do it all over again.

My bullshit meter is on 11 right now. It’s frequently correct.

I’ll have some more on Kareem tomorrow morning, but say it with me folks, 9 likes, out of 80,000 followers and not one single comment on the post.

Do you know how hard that is to fail so badly on social media with eighty-thousand followers?

Someone forget to fire up the bots?

This isn’t passing the smell test so far, it’s a lot of trust me bro, and fine Sunday suits.

I’d like to see some actual financials put together, as I’m sure this is on the up and up.

Arlington Capital is likely deep into due diligence, or shallow into it. Perhaps it was a toe dip?

Gospel songwriters got that kind of cash?

I still wanna know why several of the founding general partners of NexGen dipped out in October AFTER the offer was sent to the receiver without any way of contacting them.

I’m sure there’s some reasonable explanation for this.

Also on socials, there are several NexGen hype posts by “big” accounts that also have an extremely limited engagement, which is highly suspicious.

• Stateofhip_hop an account with 17,000 followers, posted 7 days ago, and not one like, not one comment.

• They did post a link to their article . Which copied word for word the caption on a similar posting by IG account BlackEnterprise, or Black Enterprise copied it, or bots or something.

• So far this whole thing looks pretty thin, and I mean, paper thin.

When in trouble, dance on the internet.

UPDATE 1/15-

Quick check in today. A hearing was scheduled for 1/20 on the motion to repeal the receiver, and the motion to file responses under seal. Also, the date that The Weaver (TM) has to file their response.

That’s it so far.

A far cry from $1.1 billion methinks.

UPDATE 1/14-

Filing day came and went, and we were left with a bunch of sealed documents and motions to change calendars, pretty much uneventful. The bank filed, and we will get to that in a moment, but with everything filed under seal, I think we can expect the same from The Weaver (TM) on 1/20 which is the deadline for the response. Everyone is now sharing their filings with the participating parties, and the rest of us are blindfolded. While that is disappointing, there are big reasons for the filings to be sealed, and it cannot just be sales figures. Whatever is in that quarterly report, has to be damning. Now let’s get tot he document.

• “The Reconsideration Motion Response contains statements from the Receiver’s Second Quarterly Report, which was filed entirely under seal.”

  • Which they’ve seen, and why their response is filed under seal.

• “The legal bases for FCMA’s request to file under seal rest on the Receiver’s Motion to File Second Quarterly Report Under Seal6 and the Receiver’s Motion to File Response to Motion to Reconsider Under Seal.”

  • Yes, yes, makes sense that since you quote the quarterly report, that this too would be sealed. Curious if the Weaver (TM) will do the same.

• “Disclosing the contents of the Reconsideration Motion Response would circumvent the Receiver’s requests to seal.”

  • We love disclosure, almost as much as conclusions.

• “Accordingly, FCMA requests leave to file the Reconsideration Motion Response under seal, subject to any later order to unseal the document.”

  • As bad as I want to see these documents, I get why they’re sealed. Whatever is in them, must be bad which would depress further the value of any of UN assets. Which as of now, are needed to be valued high enough to get the bank their money back.

These sealed documents don’t mean we are at the end of our ability to see what’s going on in court. It simply means some things that are material to a successful sale/liquidation are going to remain out of public view. I expect the response, again due by 1/20, to also go under seal. Prior to whatever Michael Collins did to keep Fawn from talking insufferably about the case, Fawn might’ve stepped on the rake again and shared it simply for the engagement.

I’ll bet she’s going nuts biting her tongue.

Some cats are better than others.

UPDATE 1/13-

Ok, so here we are at 6pm Eastern. The receiver filed three things today (so far), one is a sealed report. One is a motion to filed the other thing sealed. The third is something about dates. Quick hits, while we wait for Farm Credit.

• RECEIVER’S MOTION TO MODIFY REPORTING SCHEDULE

• The dates are asked to be changed for the quarterly reports - 4/10/26, 7/10/26, and 10/9/26.

• “The Receiver has found it challenging to finalize the books for a quarter, gather information from his consulting team, and immediately report on the performance for that quarter the following day. This amended schedule will afford the Receiver sufficient time to timely deliver reliable and fulsome information to the Court each quarter.”

  • Scheduling stuff. Change your calendar reminders, but they’ll probably be sealed.

• RECEIVER’S MOTION TO FILE RESPONSE TO MOTION TO RECONSIDER UNDER SEAL”

• Cap’N Phillip has asked to file his response to the motion to relieve him of command under seal as his response includes some hairy shit. Ok, so not exactly. This is what he said “The Response incorporates, cites to, and mirrors conclusions included in the Report. Therefore, the Receiver reiterates herein the reasons that the Report, and this Response, should be kept under seal.”

  • Oh, I like conclusions. How can you deprive us of conclusions? We crave conclusions these days.

• “The Movants who filed the Motion to Reconsider will receive a full, unsealed copy of the Receiver’s Response, as will counsel for the primary secured lender. With all parties to this litigation having full access to the Response, there are no due process concerns or any equivalent Constitutional issues with its sealing.”

  • Well poop. Also, can we follow the case? PLEEEEEEEZE FAWN PLEEEEEEZE!

This quarterly report has to be one hell of a thing.

• Like the Report, the Receiver is concerned that information contained in the Response might chill the Receiver’s efforts to seek a refinancing of the debt and/or his efforts to sell the assets of the Company. As detailed in the Report and the Response, the Receiver is in the middle of a process aimed at preserving the Company’s brand by the refinancing of debt or sale of assets. This is a critical juncture in this Receivership. It is important for the Receiver to be completely candid with the Court about the status of the Receivership and its impact on the Motion for Reconsideration. However, disclosure of specifics concerning the sale/refinancing process or its results thus far could have a negative impact on the sale and refinancing process and could therefore negatively impact the Company. The Receiver has been very transparent with the Court on all aspects of the marketing process and the operations of the Company, trusting that this Court will take steps to guard this sensitive and confidential information.”

  • Any bets the company is insolvent? I found 4 bucks under the couch, any takers? Note the use of critical juncture, we’re coming up on month five of the receivership, and not much publicly has changed, other than a recently gagged/not gagged The Weaver (TM). I also wonder if he keeps talking about refinancing just to keep everyone from collectively panicking.

• “Finally, as the Receiver has argued in prior pleadings and is reiterated in the Response, disclosure of certain potential litigation at this time could have a negative impact on the value of the Company. The Receiver has been very clear that he is committed to investigating any and all causes of action belonging to the Company…at the appropriate time. Litigation of certain matters at this time, or even the disclosures made in the Response concerning that potential litigation, could adversely impact the value of the Company and the progress of this Receivership.”

  • And folks, this is why The Weaver (TM) likely filed that goofy civil suit against Mr. Senzaki, to muddy the waters, to drive the price down, to make it look like her bunk NexGen offer is the best possible one, to deflect from the fact that she didn’t run this company into the ground, it never really got off the ground. It was probably pillaged from early on. Every dime in was used to earn a penny, and of course record breaking world records. Her narrative of a self-made billion dollar company running FawnLord (TM) is being decimated before our eyes, not because of the court, but because of her actions / inactions. How do you “fire Senzaki” and then keep him on for several months as a consultant?

• “Like the Report, disclosure of a substantial amount of information contained in the Response could threaten this Receivership’s goals and the value of the Company.”

  • Note that he does not reference any proprietary nonsense that competitors might use to price compete blah blah blah… He’s specifically talking about value of the company (for sale). Cap’N Phillip, hit me with a WHEREFORE.

• “WHEREFORE, the Receiver respectfully requests that he be allowed to file the Receiver’s Response to Motion to Reconsider under seal, subject to any later order to unseal the document.”

  • There you have it. A whole lotta sealed documents going on. I know the judge won’t override it, but one can hope.

That’s my job, the bad parts that is.

UPDATE #2 - 1/12-

Today the Judge Cat issued an order. This was in regards to Cap’N Phillip filing his status report a few days late.

• “On January 6, 2026, the Court ordered the Receiver, Phillip G. Young, Jr., to show cause why he had failed to timely submit a status report as required by the Court’s Order granting the parties’ Joint Motion for Entry of Agreed Order. [Doc. 94]. The Receiver promptly responded.”

  • You can bet your Lifesavers he promptly responded. He knew he goofed.

• “In his response, the Receiver represented that he had missed the reporting deadline due to the intervening holidays, his focus on the larger issue of what position he should take regarding the Motion for Clarification, and the number of moving parts this case has presented as of late.”

  • So. Many. Moving. Parts. You. Have. No. Idea.

• “The Receiver further apologized for missing the reporting deadline and assured the Court that future filings would be timely filed. [Id.]. Considering the foregoing, the Court finds the Receiver has shown good cause for his failure to timely submit a status report.”

  • The Weaver tried the ol’ razzle-dazzle here and it ended with a 20yard loss.

• “In his response, the Receiver also requests that the Court set a hearing regarding the Motion for Clarification. [Doc. 98]. The Court will address the Motion for Clarification and attendant request for hearing in due course.”

  • The judge just hit us with a legal version of “More to Come.”

All is forgiven it seems, and Cap’N Phillip will likely beat every deadline from this point forward, speaking of deadlines…..

“Angel’s Share.”

UPDATE 1/12-

Today is the 12th and that means we are nearing deadline day for Farm Credit and Cap’n Phillip to file with the court. I expect it to be a large amount of documents (My Pacer bill last month was $67) so be patient with me on updates. I try to read everything twice before posting, and unlike some other blogs that are “FOLLOWING THE CASE” I don’t use AI on this page for anything other than the cats. You may have noticed the occasional typos, and poor grammar, that’s me, I have poor grammar now and then. Stay in school kids.

Quick hits for now-

• I owe an awful lot of people an email/text/phone response, and I apologize profusely, this isn’t my real job, and life (and the Buffalo Bills) often interferes. So don’t take it personal, I promise I’m not ignoring you, yes YOU.

• I still can’t figure out how Grant Sidney liquidated UN shares to transfer $20m into UN as Fawn claims. There is no secondary market for shares. Who brokered that sale? How much was the commission to the broker?

• Shoutout to Michael Collins for somehow keeping The Weaver(TM) from constantly talking about the case on socials. That’s something I never thought possible. Did you notice that The Fawn isn’t reposting “clear the shelves” content anymore?

• Something strange is afoot at the Circle K.

“All I ever wanted, All I ever needed, Is here in my arms, Words are very unnecessary,They can only do harm.”

UPDATE 1/10-

Holy hell, we made it to the weekend. We are mere days away from some deadlines (1/13 better be on your calendar) for Farm Credit and Cap’n Phillip to file, and then 1/20 The Weaver TM deadline to respond. I expect to be absolutely buried in documents to peruse over the next two weeks, but thankfully I get to watch the Bills in their quest to win a god damn SuperBowl (I’ve been a fan since Joe Ferguson was their QB). Today’s update is going to be Thoughts, Questions, and Quick Hits. I got my not-grown folk Cold Brew ( (Note, if you’re interested in where I get my coffee, it’s always local, and often French Truck) lined up, and we’re off.

THOUGHTS-

• This NexGen “offer” smells to high heaven. One of the General Partners in that company used to work with Uncle Nearest. Chuck Speed was removed as a General Partner shortly after the “offer” was sent to the bank and Cap’n Phillip in October.

• Have you noticed that The Weaver (TM) hasn’t spoken about the case for several days now?

• I think that this sealed Quarterly Report doesn’t just hide how bad sales have actually been, but in totality, it destroys the narrative of “Clear The Shelves” having had any kind of impact on the bottom line.

• If the malfeasance and fraud is known to Cap’n Phillip, then I sure wouldn’t want to be in the shoes of management at this company. Hi Kate.

• A company in this sort of peril only gets there with the complicity of the executive team.  I’m a bit of a do-gooder personally, and in my younger days I worked at a seasonal holiday ice rink in San Francisco.  It was for charity.  Turns out my fellow employees were robbing the place blind.  I reported it to management, who said they’d handle it.  But it continued.  I reported it again.  Again, there was “shock and horror”, and more assurances that they would fix it.  It continued.  Found out that they were also in on it.  I Reported it to the board of directors for the charity, and they fired everyone (including a few who weren’t stealing who knew, and remained silent).  I was not fired.  Why the story?  Because, you see things, you know things aren’t right, and you take the morally correct stance and do something about it.  I don’t see very many examples of this happening at Uncle Nearest, or any of the related companies.

• Claiming ignorance won’t get you far if this case goes to criminal court.  Not saying something, in my narrow worldview, is a form of complicity.

• I think this case for the Weavers is no longer about saving the company, I think it’s now about delaying Wire Fraud, Securities Fraud, Mail Fraud, Bank Fraud, Investor Fraud, Conspiracy to Commit Fraud, and all kinds of other charges I can’t think of.

• In regards to the “There may be other entities that own intangible assets, such as causes of action” has been stuck in my mind since reading it.  The Angel on my shoulder and I have discovered other LLC’s and reported on them.  We still suspect there are more than we’ve found.  A good human shared some other thoughts on this- A cause of action is a fact pattern that establishes the right of one party to sue another.  It’s possible that Cap’n Phillip is saying that there may be other related entities (also owned by the Weavers) that might wind up, by rights, having cause to sue the receivership.  The court exposes the receivership to being sued for valuable consideration by those entities, and siphoning funds that might otherwise go towards the bank being made whole.  This is probably another reason Cap asked for inclusion, so that Grant Sidney, Sydney & Grant or some other entity doesn’t file another lawsuit.

If only The Weaver had an Angel on her shoulder.

QUESTIONS ON MY MIND-

• Why is the Weaver in GA this month at the lake house?

• Why is she not traveling to the distillery for sold out tours and bottle signings?

• Is the ROI on these stunts too little?

• Is the relationship with Cap’n Phillip so frosty that they are spending time apart?

• Is UN insolvent?  Is the quarterly report masking that?

• Is the masked quarterly report showing that bids for UN as a whole single package was far lower than expected, and not enough to make the bank whole?

• If there was a good bid or two, wouldn’t you want that information public to establish a baseline for other potentially interested parties?  Fawn already said the receiver was rushing towards a sale.

• Does this report utterly decapitate the self-declared billion dollar valuation once and for all?

• Was this NexGen “offer” filed to undercut the offers that were made that are lower?

• Was this NexGen “offer” filed as a chilling effect to dissuade others from bidding because they don’t think it’s worth $108m?

• If sales were good, wouldn’t you want that public as well?

• If the Weaver’s challenge asserting that sales have plummeted because of the receivership (thanks for sharing that with us all Fawn), why wouldn’t the Weaver’s want that public?  She already alleged it in her motion to rescind the receiver that the decline was all Cap’n Phillips fault.

• What is so embarrassing or concerning that The Weaver agreed to have it sealed?

It’s not caviar we are being fed. For the love of god don’t eat the deershit chicken nuggets.

UPDATE #4728109235 1/8-

I’m convinced that I’ve angered some ancient god or goddess, for what else could explain yet another filing?

The Weavers filed a motion a little bit ago, with a motion. Let’s do it quick style, I may go in-depth tomorrow, I might not.

• They assert that because the receiver was late filing his request for inclusion, he therefore must forfeit the ability to include.

• If the judge agrees to holding the hearing anyway, they ask that Nashwood, Quill and Cask, Shelbyville Grand, and 4 Front Street are not included.

• They then go on to try to explain the $20 million transaction out of Grant Sidney into UN. It’s a lot, I’ll probably include this in my thoughts update over the weekend.

• They mention that the receiver asserts many things without facts to back it up.

• They then attached an email as an exhibit about Senzaki admitting things during his independent 3rd party investigation (with no evidence mind you) without the facts to back it up.

• They then mention that they told Cap about the Senzaki lawsuit, and that he must essentially be lying that he didn’t know.

Overall, pretty much yawn inducing, but depending on how hard the judge goes on the receiver here, they could avoid inclusion if the judge is harder on the receiver than he has been on the Weavers.

I’m tired of sitting in front of my computer reading and writing. Tomorrow I hope to touch grass, but I doubt I’ll get the opportunity, because everyone in a damn filing frenzy like they got bills to pay.

Sing along everyone, “It’s a Fawn World After All, It’s a Fawn World After All, It’s a Fawn World After All, It’s a Fawn Fawn World.

UPDATE 1/8-

Have you ever had one of those days where you had a big update typed up and then your computer crashed and you didn’t save your work? Yep, that was me today. Two hours of work in the shitter. Well, enough woe is me, it was my fault for not backing it up, although I mean to prove that somehow Senzaki was responsible *giggle*. But no really, it was my fault.

Anyway, today there was a pair of filings today, one was an “LOI” which is a letter of intent. It’s from a group that claims to be trying to buy the bank loan for $108m and save the day like some kind of UnderDog.

I’ll be doing pictures in this update because I’m not retyping this crap again.

Make note of the delivery dates…. they’ll come in handy later.

• Ohhhh a buyer!

• Ohhhhh a group of buyers!

• Now wait just a moment. I feel like I’ve heard some of this before somewhere.

• Ok, we have a group of investors that are willing to put up $108m to assume the debt from Farm Credit.

• This group was created June 11, 2025, which if you recall the timelines was just before Farm Credit Filed suit, and after UN had defaulted on the loan. It included the following partners. Chuck Speed, Eddie Moore, Kris Jester, Mark Jones, and Walter Miles. All General Partners.

• Fawn was sharing early on that she had a group of high net worth individuals (this could be that group) that were negotiating with Farm Credit to assume the debt. This was less than 60 days from the lawsuit. The bank apparently didn’t find it to be credible so they moved with the lawsuit.

• This offer was again sent to the receiver in October of 2025. The dates it was delivered was 10/14/2025 to Farm Credit, and to Cap’n Phillip on 10/10/25.

• A few days later, on October 16th, an ammendment to NextGen LP was filed in the state of Georgia, announcing that Chuck Speed, Kris Jester, and Eddie Moore were removed as General Partners and would have no further rights, powers or obligations. A mere week after that “offer” was sent. They went from 5 partners, to two. Mark Jones, and Walter Miles.

• Phillip J Young, while I was retyping this, in fact, filed a notice with the court. He admits that he did receive this offer in October, but the offer had not included a telephone number, or email address with which to contact them.

• He then researched NexGen and could find no information about the company (no worries Cap we got you).

• He states that in December, NexGen reached out to Arlington Capital, who is likely working the sale of the company or assets, with essentially the same letter as the one in October.

• He states that Arlington reached out to NexGen to discuss the letter and has been in communication with them since (so a couple of weeks). They are following the same processes as it does with any other potential investor, lender, or purchaser.

• To the receivers knowledge, NexGen has yet to sign the required NDA, and Arlington has a scheduled follow up call later this evening. 1/8.

• The receiver is unsure as to why NexGen filed the letter with the court, when it has been a party to the same process as all other potential lenders and investors.

My dear cats, welcome to Fawntasy Island.

In the Letter of Intent it was said that the “buyer” intends to take on the bank loan debt, have NexGen be owned by Uncle Nearest, offer an exit strategy for investors, pay court and receivership costs, injecting capital into the company, and probably bring back the McDLT.

I think it was Judge Judy who once said that if it sounds too good to be true, it’s probably bullshit.

The letter of intent doesn’t offer anything binding, includes ZERO proof of funding, and doesn’t list the investor group.

It’s a whole lot of “Trust Me Bro” with some mirrors and a cocktail smoker.

The writing is peculiar in nature too. If I was about to spend $108m on an offer, it wouldn’t look like Chuck E. Cheese wrote it, sent it, and then filed it with the court.

So, who is this mystery group that has a Temu WeWork office as their mailing address?

It used to be Five Guys, now it’s probably Hermanos de la Mierda.

There’s not a lot of history that can be found, which is strange. 10,000 transactions should have an electronic trail somewhere. As of now, yet to be found. I’ll keep trying though.

Ultimately, this is not quite a credible offer. It’s just paper so far, and not the right kind. Stay tuned, tomorrow is another day, another opportunity for nonsense.

We love you Kandi!

UPDATE 1/8-

Welp, I was just about to post some thoughts on yesterday’s filings. And a new filing dropped. Folks, just be patient with me on this update today, I have a boat load of investigation to do before I update. I know you all have questions.

Not the Uno Reverso CARD!!!

UPDATE #2 - 1/7-

Yeah, no rest for the wicked and all that jazz. Another filing tonight, super late I might add, at 10:30pm Central Time. This one is filed by the Weavers/Grant Sidney. A motion in support of the quarterly report being filed under seal. I will post some thoughts in the morning about that report with some things I’m wondering, but for now, I’ve got a set of Ginsu Knives (AS SEEN ON TV!) so let’s get chopping.

• “The Respondents agree with the Receiver that the Second Quarterly Report is appropriately filed under seal as part of the Court’s ongoing supervisory oversight of the Receivership. The Report is a non-adjudicative status update and does not seek findings of fact, conclusions of law, or judicial relief. As noted by the Receiver, the Report contains certain information pertaining to the Company that should remain confidential at this stage of the case.”

  • Oddly specific in what a sealed filing does NOT contain.

• “As the Court has noted in its Memorandum and Order Regarding Sealing Confidential Information, “[t]his Court regularly signs agreed protective orders, pursuant to Federal Rule of Civil Procedure 26(c), which permit the parties to designate the discovery they wish to keep confidential among themselves. This practice is permissible because “'[s]ecrecy is fine at the discovery stage, before the material enters the judicial record.'”

  • That could mean that one day we will see it all, and I expect we will.

• “The Second Quarterly Report does not require or pertain to any specific adjudication being requested of the Court. Rather, the Respondents assert that is in the nature of a discovery matter and does not create issues that require the Court to consider in rendering a ruling at this state of the case. The Respondents further agree with the Receiver that, in light of the purpose of the report and there being no relief requested as part of it, the sealing of the Second Quarterly Report does not raise any Due Process or other Constitutional concerns. Consequently, keeping the Report under seal is appropriate at this stage with the understanding that, at some point, the Report may become relevant to a decision and one or more of the Parties may request, or the Court may on its own decide, that the Report should be unsealed.”

  • Sounds like someone wants the agreeable vibe in the court record. Also, horseshit. If it doesn’t contain anything they oppose, then why keep the declining sales, and possible insolvency a secret? Oh I have ideas, tune in tomorrow for that.

• “As the Court may already surmise, the Respondents have different views of the status of the case and of many of the assertions made by the Receiver in the Second Quarterly Report. The Respondents intend to submit a Statement in response to the Second Quarterly Report to identify for the benefit of the Parties and the Court those areas of disagreement and will request that such filing also be sealed.”

  • Translattion- The movants have different views of reality? They want the bad news sealed, and want to also have their disagreements sealed. How convenient. Siri, play the song Everything is Awesome song from the Lego movie.

UPDATE and a holy shit.

UPDATE 1/7-

Welcome back to today’s episode of What the Actual Fuck? (sponsored by Allstate, you’re in good hands). I hope you’re loaded up with cold brew, splash of coconut milk, and a couple of ibuprofen. The Receiver, who I playfully called Captain RedAss after the judge admonished him for being late on filing, has filed a bonafide doozy. He filed a notice to clarify on whether he ACTUALLY wanted to include the “Tentities” TM. He had originally asked for clarification, not inclusion. Well, today he asked for inclusion. Gear up, we’re going in!

• “(the “Related Entities”) were to provide all documents and statements requested by the Receiver. While the documents were not all provided within the timeline established by the Agreed Order, most of the requested documents were ultimately provided to the Receiver by December 1, 2025.1 The Agreed Order provides that, if the Receiver has additional questions following a fourteen-day review window, he could address those questions to the Related Entities.”

  • Establishing the timeline, good, good.

• “The Related Entities represented that they had no access to certain documents that were requested by the Receiver. If this Court includes certain of the Related Entities in this receivership estate, the Receiver intends to request these additional documents directly from the banks, which should provide the Receiver necessary clarity on some financial transactions.”

  • The “dog ate my homework” excuse. Baffling to actual adults for over 100 years.

• “The Receiver had several conversations with the Related Entities’ counsel concurrent with the production of documents and had no further questions as of December 15, 2025, as most documents spoke for themselves. The Agreed Order further provides: “Following the review of bank records, and opportunity of Respondents to provide clarification (if necessary), the Receiver shall file a notice with this Court requesting a hearing on the Motion to Clarify or, alternatively, providing notice that no further hearing is needed on the Motion to Clarify and he is withdrawing the Motion to Clarify.” No timeframe was placed on the filing of such notice; this Notice is being filed pursuant to that requirement of the Agreed Order.”

  • More timeline stuff, good, good.

• “As a result of the Receiver’s review of the documents, he has determined that there is no value in further pursuing the following entities: Uncle Nearest Spurs VI, LLC, Classic Hops Brewing Co., and Weaver Interwoven Family Foundation (the “Excluded Entities”). Therefore, pursuant to this Notice, the Receiver withdraws the Motion for Clarification as to the Excluded Entities.”

  • No value. Womp womp. But seriously folks we all knew that already.

• “With regard to all other Related Entities, the Receiver has determined, after a thorough examination of the bank records produced by the Related Entities, that those Related Entities have been significantly commingled with the receivership entities. The commingling between the parties included in this receivership estate and the Related Entities make it difficult to extract them from the receivership entities.”

  • Is it getting warm in here? Anyone smell something burning?

• “For example, Humble Baron, Inc. and Shelbyville Barrel House BBQ, LLC are housed at the Nearest Green facility but pay no rent. Until the receivership, many of their expenses were paid by Uncle Nearest, Inc. Moreover, each of the Related Entities have multiple transfers to and from receivership entities; in fact, there are over $20 million in transfers between Grant Sidney, Inc. and entities included in this receivership.”

  • Pay no rent. Not even $1. And UN paid their bills, which by the way, we mentioned long ago. PAY CLOSE ATTENTION HERE- "There are over $20 million in transfers between Grant Sidney Inc. and entities included in this receivership.” Multiple transfers in and out. MULTIPLE IN. MULTIPLE OUT.

• “While the commingling was apparent to the Receiver, what was less apparent is whether any of the Related Entities have economic value such that their inclusion is helpful to this receivership estate. The Receiver knew that certain of the Related Entities held a large number of shares of Uncle Nearest, Inc. but, beyond that, the value is somewhat unknown. The Receiver, his legal team, and his financial analysts began researching whether any of these entities had value to the receivership estate in mid-December; the various holiday schedules of the Receiver and his team of professionals slowed this research and drawing conclusions therefrom.”

  • Looks like the Seventies (TM) might have a few dollars here or there, thus he wants em.

Ladies and gentlemen, we have cat fight!

• “While the Receiver was considering the value of pursuing assets of the Related Entities, on December 29, 2025 and without the Receiver’s knowledge, Fawn Weaver, Keith Weaver, and Grant Sidney, Inc. (one of the Related Entities) filed a complaint (the “Complaint”) in the Chancery Court for Bedford County, Tennessee against Michael Senzaki (Uncle Nearest, Inc.’s former CFO) and his solely owned company, ZMX Strategies, Inc. A copy of the Complaint is attached hereto as Exhibit 1. The causes of action in the Complaint seem to be derivative of those belonging to the receivership entities, but the Complaint never mentions this receivership action, the Receiver, or this Court. If the causes of action in this Complaint indeed have value for Grant Sidney, Inc., separate and apart from any value that might exist for Uncle Nearest, Inc., then that value should be realized by this receivership estate as a result of the commingling of Uncle Nearest, Inc. and Grant Sidney, Inc.”

  • Fawn should never have filed that silly civil suit. It exposed her. What the receiver is essentially saying here is that should Grant Sidney (aka Fawn) actually win a nickel from Senzaki (not likely), then the receivership gets the nickel. This could be an inadvertent admission that there are NOT enough assets/value to make the bank whole, so they’ll need any nickels Fawn earns. This was a very very shrewd move by Cap’n Phillip.

• “While the Receiver remains uncertain of the ultimate value of the Related Entities, the Complaint highlights the need for the Related Entities (other than the Excluded Entities) to be included in this receivership action. There may be other Related Entities that own intangible assets, such as causes of action. Further, the Receiver has concluded that the only way to ultimately determine the value of the Related Entities is to be granted direct access to their financial statements, books and records. Indeed, the Receiver conceives of a situation where this Court includes the Related Entities in this receivership action but he ultimately asks to abandon his interest in those companies, if he later determines they have no value to the receivership estate.”

  • There may be OTHER related entities. I know a couple.

• “By this Notice, the Receiver respectfully requests that the Court set a hearing to consider the inclusion of these additional entities in this receivership estate. The Receiver requests that the hearing be set no earlier than January 28, 2026, to give his counsel an appropriate amount of time to draft a brief detailing the commingling between the Related Entities and the receivership entities, to be filed at least five days in advance of the hearing as required by the terms of the Agreed Order. The Receiver would also be open to the Court amending this schedule to provide that the Receiver has 14 or more days to file his brief, the Related Entities have 14 or more days to file their response, a hearing be scheduled 7 days from the Related Entities’ brief, and a witness list be submitted 3 days prior to the hearing. In the Receiver’s opinion, this provides a better opportunity for the Related Entities to respond and should better frame the issues for the Court.”

  • We can now add January 28th to the calendar of wow. Also the Cap’n has his ship, shaped.

• “Finally, the Receiver acknowledges that, pursuant to this Court’s Order at Doc. 78, a brief update on the status of the Motion for Clarification was due on December 26, 2025. Because of the holidays and the Receiver’s focus on determining what position he wished to take on the penultimate question of the further pursuit of the Motion for Clarification, he failed to file with the Court an update to inform it that he and his consultants were still considering this issue. This was simply an oversight by the Receiver, and he respectfully requests the Court’s forgiveness. This case has presented significant “moving parts” as of late and the report was simply missed, though any other reports will be timely filed. If this matter is not resolved prior to January 26, 2026, the Receiver will file a subsequent report on that date.”

  • To say that this case has many moving parts is likely the understatement of the year. The Receiver offered a polite “sowwwwwweeeee” to the judge, owned his tardiness, and moved on. Notice he didn’t blame the one armed man, or Senzaki, for his mistake.

WRAP UP-

First of all, I’m gobsmacked. The receiver came out with some heavy artillery. While I’m bummed that this will be my final use the term “tentities” at least now we can call them the “seventies.” The receiver masterfully added the Fawn/Grant Sidney lawsuit into the record, which chills her ability to win anything at all in that lawsuit. If the judge orders inclusion, we are going to see an awful lot of chicanery and nonsense. The $20m in transfers is startling to see it in print, even with having known money was going back and forth. To see it in a court document is a real preview of the nuts and bolts to come.

Hopefully that’s it for today, yesterday was insane.

I wonder if Captain Phillip has taken up smoking?

UPDATE #3 - 1/6-

Ok, somebody call a freaking time out here. ANOTHER FILING. This one from Captain Red Ass, I mean, Captain Phillip, and it’s a possible Doozy. I’ll go over some in-depth thoughts about it tomorrow. Unless there’s more damn filings JFC. The receiver filed a motion to file the second quarterly report (that’s late) under SEAL. Must be really bad. Let’s slice and dice it.

• “The Receiver understands and appreciates this Court’s stance that motions to seal are disfavored. That said, given the status of this Receivership and the contents of the Receiver’s Second Quarterly Report (the “Report”), the Receiver believes that the Court should seal the Report for several reasons.”

  • While popcorn has negligible nutritional value, it sure is useful at times like these.

• “First, this Court’s Receivership Order makes clear that the primary purpose of filing quarterly reports in this case is to ensure that the Court and the parties to this action are being adequately informed on the progress of the Receivership. That goal will be accomplished even if the Report is sealed, as the Court will have access to the sealed report and the Report will be emailed to counsel for the parties to this litigation. There are therefore no due process concerns or any equivalent Constitutional issues with sealing the Report.”

  • And then?

• “Moreover, the Receiver is concerned that information contained in the Report might chill the Receiver’s efforts to seek a refinancing of the debt and/or his efforts to sell the assets of the Company. As detailed in the Report, the Receiver is in the middle of a process aimed at preserving the Company’s brand by the refinancing of debt or sale of assets. This is a critical juncture in this Receivership. It is important for the Receiver to be completely candid with the Court about the status of the Receivership. However, disclosure of specifics concerning the sale/refinancing process or its results thus far could have a negative impact on the sale and refinancing process and could therefore negatively impact the Company. The Receiver has been very transparent with the Court on all aspects of the marketing process and the operations of the Company, trusting that this Court will take steps to guard this sensitive and confidential information.”

  • I mean, he’s not wrong here. As badly as I want to see this report, it could badly damage the sale prices of assets if it’s as bad as I believe it is. Fawn in her civil lawsuit gave us some spoilers about declining sales, so it’s fair to say that the receiver is making a really smart move here.

• “Finally, as the Receiver has argued in prior pleadings and is reiterated in the Report, disclosure of certain potential litigation at this time could have a negative impact on the value of the Company. The Receiver has been very clear that he is committed to investigating any and all causes of action belonging to the Company…at the appropriate time. Litigation of certain matters at this time, or even the disclosures made in the Report concerning that potential litigation, could adversely impact the value of the Company and the progress of this Receivership.”

  • I’ll be right back, I need a refill on my popcorn already. Ok, remember folks, Fawn is involved in THREE lawsuits already. What else do we not know about?

• “The Receiver believes that the entire purpose of this Receivership is to preserve the value of the Company; over-disclosure of information to the general public jeopardizes that goal. While the Receiver wishes to be candid with the Court and the parties to the litigation regarding the progress of all aspects of the Receivership, that degree of candor does not extend to competitors, potential investors, or the public at large. Disclosure of a substantial amount of information contained in the Report could threaten this Receivership’s goals and the value of the Company.”

  • The man ain’t stupid that’s for sure. The public at large will just have to wait.

Captain Phillip right now needs a cleanup on the fake distillery floor.

UPDATE #2 - 1/6-

I could really use some French Truck Cold Brew right now. Or some good whiskey. Yes, there was another filing today by the Weaver’s. Let’s just do the damn thing.

• “collectively, the “Additional Entities”) hereby provide notice to the Court that, with regard to the Receiver’s Motion for Clarification of Receivership Order (the “Motion to Clarify”), the Receiver has received all of the requested documents relating to the Additional Entities as of December 1, 2025, and has not provided “any additional questions, evidence and/or argument regarding the Motion to Clarify to the Respondents” within 14 days of receipt of the documentation as required by the Agreed Order Staying Proceedings Related to Receiver’s Motion for Clarification and Establishing Schedule Regarding Further Proceedings (the “Agreed Order”). Such additional questions, evidence, and/or arguments were due on December 15, 2025. Furthermore, the Receiver has not filed the monthly report regarding the status of the additional documentation due on December 31, 2025, as required by the Order entered October 29, 2025 (the “October 29 Order”).”

  • This looks like it was filed because of the Judge’s orders filed today (scroll down below to read them), and it’s also known as “flooding the zone.”

• “On January 2, 2026, counsel for the Additional Entities emailed the Receiver and his counsel to confirm that the Receiver would not be asserting that the Additional Entities should be part of the Receivership (the “January 2 E-mail”). To date, no response has been received.”

  • Didn’t they all just agree that with the holidays and all that jazz that ahhh never mind, the Weaver’s only do what benefits them, not what they agreed to, like paying back loans that they took out, transferring assets to UN, that UN paid for, etc…

• “In light of (a) no additional evidence or argument having been provided in accordance with the Agreed Order, (b) no monthly report having been filed by December 31, 2025, in accordance with the October 29 Order, and (c) no response having been made to the January 2 Email, and due to the severe financial impact the cloud of the Motion to Clarify is having on the operations of the Additional Entities, the Additional Entities request entry of the proposed order attached as EXHIBIT A, which clarifies that the Additional Entities are not under the control of the Receiver or part of the Receivership Estate.”

  • This is a bold strategy, seriously putting the receiver on notice. If Captain Phillip didn’t know this already, he’s in a war. It probably won’t matter that they filed this, but I am impressed by their speed. I thought I was quick on pacer.

They then included a dummy mock up of an Order for the Judge to sign. Captain Phillip feeling some heat today, nothing worse than a very public example of red ass.

Your turn Cap.

The Federation Starship Nearest is in peril.

UPDATE 1/6-

Couple things today. Another Court Order was just issued, and I wanted to touch on an asset, namely the Dan Call Farm. You won’t need cold brew for this one, it’s the afternoon and caffeine disrupts sleep.

First up, the Court Order.

• “This case is before the Court sua sponte to address two matters.”

  • Two is less than three. Three being how many lawsuits Fawn Weaver is involved in.

• “First, the Receiver, Phillip G. Young, Jr., is obligated to file quarterly reports “detailing [his] disbursements for paying the costs incidental to the receivership activities encompassed by [the Order Appointing Receiver], any payments to or for the expenses of Uncle Nearest, the Subject Entities and the Eady Road Property, and describing [his] activities and the financial and operational status of Uncle Nearest.” The first of these reports, which the Receiver timely filed, was due on October 1, 2025. The Court did not set dates certain by which subsequent reports were to be filed though it had anticipated the second quarterly report would be filed by now. The Court does not fault the Receiver for not yet filing the second quarterly report, but it finds that additional clarification as to when these reports are due would be beneficial to all parties. Accordingly, the Court will set dates certain for quarterly reports going forward. The Court will further order the Receiver to submit a brief status report regarding when he anticipates filing the second quarterly report.”

  • It might appear the judge was irked by the delay, same judge same, but he’s clearly tightening things up. He’s tired of the clown show more than likely, so everything getting calendar dates.

• “Second, when the Court granted the Joint Motion for Entry of Agreed Order [Doc. 77], it directed the Receiver “to submit brief reports stating which obligations under the Agreed Order have been completed and which remain outstanding every thirty days.” [Doc. 78 (emphasis in original)]. The Receiver filed such a report on November 26, 2025. [Doc. 82]. More than 30 days have since passed, and the Receiver has yet to file a second status report. Accordingly, the Court will order the Receiver to show cause why he failed to file a status report as ordered.”

  • Ok, so maybe he is a bit irked.

• “For the foregoing reasons, the Court hereby ORDERS the following:

  1. On or before January 13, 2026, the Receiver SHALL file a report stating when he anticipates filing the second quarterly report. The Receiver may file the second quarterly report in lieu of a status report.”

  • Must be something in the water at that distillery that causes everyone to be late on filing things, paying banks, etc…

• “2. Unless otherwise ordered by the Court, the Receiver’s quarterly reports SHALL be due on the following dates going forward: January 2nd, April 1st, July 1st, and October 1st”

  • JFC. I sure hope this doesn’t go on that long. That would be hideously obscene.

• “3. On or before January 20, 2026, the Receiver SHALL show cause, in writing, why he failed to submit a second status report regarding “which obligations under the [October 29, 2025,] Agreed Order have been completed and which remain outstanding[.]”

  • No way to spin this. Receiver didn’t meet a deadline, Judge Cat wants to know why. Hard to argue the fairness of the judge here, he’s tired of the circus, now he’s tightened the leash on EVERYONE. Captain Phillip better get things in ship shape, or he might be Lieutenant Phillips.

• “SO ORDERED.”

  • Folks, the judge is done playing around here. He wants everyone on their game. At least we can now calendar some important dates. I’d also expect this order to be referenced by Fawn about how the receiver is continuing to hurt the business, and that if she were still running it she would somehow set a world record for returning Uncle Nearest to glory. We know this is not possible of course, but she will spin it in her favor. I expect the receiver to be on his game for the second half.

Hmmm, Fawn and Keith Weaver as owners. Not UN.

• The Dan Call Farm was initially purchased with Keith Weaver listed as the owner. NOT Uncle Nearest.

• In 2018 after an investor “meeting,” there were some follow up questions about the ownership of the Farm.

• This is likely because investor funds were used for the purchase.

• A source who wishes to remain anonymous claims that Fawn answered this question by saying that she wanted to avoid double-taxation (WTF?), but was pledging the farm, and Nearest Green distillery to UN. The Farm was purchased under her and Keith, and it was likely to remain that way until some sort of liquidity event.

• The Dan Call Farm, (which of course has its own LLC), to this day, is still owned by the Weaver Family Trust, aka Keith and Fawn Weaver, NOT Uncle Nearest.

• Did you know that upgrades and bills (utilities, maintenance, landscaping) for the Farm were also paid by Uncle Nearest funds? Yes sireee bob.

• The “trust me bro” on the pledging of the Farm to UN, is in an actual attributable to Fawn Weaver document.

• More and more it is easy to understand why the Receiver sought clarification on adding the “tentities” to the receivership. Money went out of UN, for things that did not end up in ownership BY UN.

• This is likely why she doesn’t want “her” assets included.

Herding these cats is like herding cats.

UPDATE 1/5-

Today gave us a new court order from the Judge Cat. It’s short, so no need for a pint of cold brew.

• “The parties have agreed to a stipulated briefing schedule regarding Defendant Fawn Weaver, Defendant Keith Weaver, and Non-Party Grant Sidney, Inc.’s Motion to Reconsider. [Doc. 92]. Given the parties collaborative efforts and the effects of the recent holidays on the parties’ abilities to respond to the Motion to Reconsider, the Court hereby approves the stipulated briefing schedule pursuant to Local Rule 7.1(a). See E.D. Tenn. L.R. 7.1(a) (stating that the standard briefing schedule “may be set aside if ordered by the Court, or if within 14 days after the filing of a motion, a stipulated briefing schedule is approved by the Court.”). Accordingly, Plaintiff Farm Credit Mid-America, PCA and the Receiver, Phillip G. Young, Jr., shall have until, and including, January 13, 2026, to file a response to the Motion to Reconsider. The Weavers and Grant Sidney shall have until, and including, January 20, 2026, to file a reply should they so desire.”

  • January 13th is the deadline for Farm Credit, and Receiver Cat to file their response to the motion to reconsider/remove the receivership. (I expect these to be lengthy filings, but not bloated 0nes.

  • January 20th is the deadline for the Weaver(s) to respond to the bank/receivers filings, which will likely be as bloated and repetitive as ever. Expect several Senzaki’s and a few World Records.

• “SO ORDERED”

  • So Irked.

What does this all mean? Well, if you’re underwhelmed, don’t be. The parties all agreed to this in the stipulation that with the holidays it was tough to get the cats herded and documents filed. The judge just ordered what they all agreed to already, and made it calendar official.

With the receiver’s quarterly report due any moment now, and now with two calendar deadlines, we can expect a flurry of activity coming up. Also, for those keeping score at home, Fawn will have a very busy 2026, as she is now involved in THREE count ‘em THREE lawsuits already and it’s only January 5th.

Never late. Always full of rainbows.

UPDATE #2-

Good piece on the investor angle that I’ve been trying to work for months and just couldn’t put it all together into a story.

UPDATE 1/2-

Folks, I shit you not, The Weaver (TM) just filed a civil case against their former CFO Michael Senzaki. Senzaki Cat as you may recall, is blamed for everything including the Bigfoot footage. It’s a 223 page filing.

I would like to remind everyone, that if the FRAUD that has been claimed since the Pyramids were built, was true, why haven’t they forwarded this stuff to law enforcement? Why a civil suit now? Well, look, I’m not much more than a blogger cat, so take my thoughts with a grain of salt here, but since she’s been trying to get this Senzaki stuff into the Farm Credit lawsuit, repeatedly unsuccessfully I might add, this is her cheap and easy way to say “SEEEEEEEEE I TOLD Y’ALL!”

Ok, my eyes are intact, but my brain has a hurtie.

This will be a short breakdown, because the bloat level on that filing was turned up to 11. It was needlessly repetitive, and full of allegations and trust me bros.

I’m sure a lawyer can chime in here, but I think a 100 page filing is probably not cheap.

Anyhow, let’s break it down, and no, I don’t use AI in my writing unlike some CEO’s do.

This is what the civil suit filing requests-

• “Issue process and have it served upon Defendants, requiring them to answer this complaint within the time provided by law.”

  • Viva Las Vegas. The Weaver has to pay this serving fee by the way.

• “Find that Defendants breached duties of loyalty, honesty, candor, and good faith owed directly to Plaintiff’s, including through the misuse of Plaintiff's trust, access, signatures, and earned and vested equity compensation.”

  • Folks, they are alleging that Senzaki was forging signatures as far back as 2021. If only there had been a functional CEO who knew what the hell hey were doing.

• “Find that Defendants breached fiduciary duties owed directly to Plaintiffs, causing them personal, reputational, and financial harm.”

  • Womp womp, no more caviar quesadillas or chicken nuggies I guess.

• “Find that Defendants committed fraud by knowingly falsifying and concealing material information, forging documents and signatures, and deceiving Plaintiffs for his personal gain.”

  • Remember folks, every declaration is an admission.

Break in the action. You’ll notice they keep saying “defendants” and they allege in this filing that Senzaki was the mastermind of an elaborate conspiracy and that there are co-conspirators that are as of yet, unnamed because even though The Weaver (TM) knows there were co-conspirators and what positions they held in the company, only Senzaki knows their names. Folks, if you’re feeling dumber reading that, you don’t feel as dumb as I do for typing it.

The Weaver specifically can’t give two shits about the shareholders, or her beloved company.

• “Find that Defendants are liable for defamation per se and false light, and for the extensive reputational and economic injuries their false statements, implications, and deliberate silence foreseeable caused to Plantiffs Fawn Weaver and Keith Weaver.”

  • I mean, when you can’t even keep your 6, 7, 8th grade story straight, BLAME SENZAKI!”

• “Award Plaintiffs compensatory damages in an amount to be proven at trial for direct, personal injuries, including but not limited to: the loss or impairment of Ms. Weaver’s earned and vested equity compensation: loss of professional income and opportunities; reputational harm; emotional distress; loss or impairment of Plantiffs’ earned and vested equity compensation and personal economic interests; and other consequential damages suffered by Plaintiffs as a direct result of Defendants’ misconduct.”

  • They allege that The Weaver missed out on $1 million in speaking engagements that were cancelled, and Keith lost out on $1.75 million because of the receivership. I do have to chuckle about the emotional distress part, as she famously was built for this.

• “Award punitive damages sufficient to punish Defendants and to deter similar misconduct in the future.”

  • I’m pretty sure no one would ever work under someone like this ever again, so consider them pre-deterred.

• “Grant injunctive relief, restraining Defendants, and all those acting in concert with from transferring, concealing, dissipating, or otherwise disposing of assets reasonably traceable to Defendants” fraudulent, disloyal, or tortious conduct, and ordering such assets preserved pending resolution of this action or further order of the Court.”

  • Please court, block the bad and evil poopy pants from stealing the stuff that was already stolen and we want back because we are about to lose our shirts.

• “Award Plaintiffs their costs of suit, including reasonable attorneys’ fees (where recoverable by law), expert fees, and pre-and post-judgment interest as permitted by law.”

  • Pay attention to this part here, expert fees. They better have receipts for the famously self-declared independent investigation they’ve done. Computer forensics is going to be huge here.

Below, we are going to take a look at an exhibit that The Weaver (TM) submitted as some form of “evidence” of Senzaki pulling money from the bank with only his signature on it.

Whole lotta money going on.

WRAP UP-

• In the above exhibit, you see a lot of money being requested by Senzaki, and the dates, and the amounts. It looks “suspicious” solely because The Weaver (TM) wants it to. This is fairly normal behavior for a CFO, an officer of the company with the responsibility for such transactions.

• That money went into UN accounts.

• Farm Credit will have records of these wire transfers.

• That money was used to pay for things.

• There would be records of this as well.

• Nothing filed was “proof” of anything. It was the same old allegations.

• If there was proof of wire transfers to Mike Senzaki, there would be records of this. Easily found. Easily turned over to law enforcement.

• Easily filed in a civil lawsuit, but was not.

• Ultimately, a pretty expensive nothing burger CIVIL lawsuit. It appears to be solely for PR, it includes all the nonsense that the Farm Credit lawsuit has not allowed so far.
  

The Browns have a better chance at winning the Super Bowl this year than this being true.

Sunday’s are so fun when you’re spending money like it isn’t yours.

UPDATE 12/31-

Happy New Year to everyone, except that one person. Short update today, there was a filing to the court, not a big deal by any means, this is a gluten free, duty free, fat free, doozy free filing.

A stipulation from all parties was filed that essentially-

• This is NOT a ruling.

• Agrees that with the holidays, the responses to the motion to rescind the receivership that were due by January 6th, was not enough time.

• All parties agreed that the new deadlines for Farm Credit / Receiver responses to the motion to rescind must be filed by January 13th.

• The Weaver (TM) will then have until January 20th to file a reply in response to the banks response. (this is exhausting).

• Likely does not delay the receivers quarterly report due this week.

• That’s it. No more, no less.

You can’t make this level of insanity up. Well, I can't anyway. Also, the “move b***ch” is a Ludacris lyric.

UPDATE 12/28-

Folks, I thought I’d at least have a day that was “gluten free, additive free, sugar free, delusion free” but nooooooooo. I’d like to say “poor Keith” for spending his anniversary generating content with his wife and watching her massage engagement on it all night, but well no.

Anyway, in case you took the weekend off, the Weaver did some PR that I’m sure she thought was pure genius. She created a Reel or TikTok a video whatever, recreating her “situation” from her not a world record bottle signing. This was the video to show that she and the “young man” (Yeah, she lil’ bro’d him originally) were all good.

Unfortunately for the Weaver, the internet is forever, and it’s generally unkind to the unkind, forever. So today we are gonna go over some of my favorite comments because I was faster at screenshotting than the Weaver was at comment moderation. Also, jesus with the emoji bots already.

This update will be image heavy. Got your delicious cold brew? Yep, me too.

We will begin with a couple of images that to me paint the picture of a liar in their element. In the original hotel robe apology video, Fawn had said- “I went to 3 different schools between the 6th-9th grade and graduated from a different one entirely.” As she’s so fond of saying, context matters here.

Great question, and now she remembers him from 6, 7, 8th grade. Even though she said she went to three different schools.

She put one up.

And there it is, finally some truth.

The thing about liars, is that they don’t just lie about the big things. They lie continually. They lie so often it becomes second nature, a reflex if you will.

She had to lie about school, because it takes away from her “pulled herself up from her bootstraps” narrative that she has so carefully curated for her public persona.

But then she got caught, on the internet for all to see and hear. She stepped on the rake herself. Then had to backtrack it to fix the PR nightmare her actions caused.

It was always highly unlikely she transferred 3 schools in 4 years and then “graduated” from another one, which I thought she dropped out of high school? Or was un-housed? I’m not the liar here, and it’s painfully difficult to keep track of all she’s said.

Now, we all know how the Weaver became the bot expert on the post that ultimately she had to turn the comments off on (pictured below) so in her video of the “exact recreation” (not exactly, the man never bumped her) the positive emoji comments were flying faster than pigs flying out of my behind. It’s easy to fall for the narrative, when it’s so tightly controlled and positive, so below we will show the comments that challenged that narrative on her own posting.

This context video was a hotbed of heated comments, Fawn says she’s built for times like these, but not this one, so comments were turned off because it couldn’t be managed.

True, he never bumped her, but the Weaver made sure she did.

My initial thought when I saw the video too.

No notes.

The use of the word “exact” is infuriating because it wasn’t exact.

Running a company into receivership also not a good idea, but why let that stop you?

I wonder if anyone has TM’d “Fraud Weaver”

I hate to tell Mendacious that it’s too late….. but the sentiment is right on the money, all $108 million of it.

Less About You would be a great name for a middle school band, or an LLC.

Jae isn’t the only one that isn’t buying according to Nielsen and the Weaver’s recent filing.

I love that people truly still want to help her with good advice. She will never take it, but they keep trying.

It was a nice try indeed. If what was going on wasn’t so serious, we’d all probably chuckle about this.

Everyone’s Life At This Point is Damage Control. Book idea.

I mean, it makes sense, there’s a national penny shortage right now according to my local CVS.

No notes.

Salute to Bro indeed.

Not bots, people.

The narrative is broken.

The next week or so is probably going to be very interesting.

UPDATE 12/27-

Quick update today, with quick hit things I’m thinking while I still work on the First Dominion / John Eugster part in all of this.

• This should be a very interesting week or so.

• We should see some form of response to the bizarre Weaver request for removal of the receivership.

• Could be a motion to strike, or a bank and or receiver response, and / or an order from the judge.

• I expect this latest filing to be struck, mostly because it was a repackaged version of the previously struck motions, just with a request for removal scotch taped to it.

• Will we see a rebuke of the Weaver and / or her attorney Michael Collins?

• We should see the quarterly receiver report as well. I expected some of this to be sealed, but it seems The Weaver (TM) has already spilled the beans on the steep decline in sales.

• The rumor of a celebrity angel investor/buyer has long been making the rounds (even pre-receivership), and it is again. One of the rumored interested parties, just found himself in some legal trouble (again). You know, you can learn an awful lot by checking out who’s checking out your LinkedIn profile, cough Boo! cough.

• I know I keep saying this, but the Bank lawsuit is just the tip of the iceberg. Truthfully it’s not even the most interesting part of this entire mess. I mean, I’m sure it is to the bank, but whoa nelly we got more to come.

• I’m sure Captain Phillip is well compensated, but man, I sure hope Santa was good to him this year.

• Looks like even Forbes has seen the light. Most notable career crashes of 2025 lulz.

Not how I envisioned spending Christmas Eve…..

UPDATE 12/24-

My apologies for the delayed update. If you have already read all 72 pages on your own, you may be entitled to compensation.

If you think I’m irked about having to do this update on Christmas Eve, imagine how the receiver and Judge feel today. I want to be clear about a couple things before we break down this latest CatGPT Fuckshittery (TM). I won’t be breaking down 72 pages of skullduggery the way I normally do.

Why you ask? Because most of it is rehashed crap that was just stricken from the record less than 24hours before. Yes, she essentially made the same arguments she’s been making repeatedly over and over and over and over. It’s part propaganda for the culties, blaming Senzaki, receipts that aren’t receipts, and an opening that essentially plagiarizes and rehashes Fawn’s declaration that’s also included. It’s an utter waste of time, and my Pacer Account Budget.

Seventy-Two pages folks. This thing is more bloated and self-aggrandizing than her book.

I will hit the highlights, one might say I’m cherry picking, but one might be wrong, because you can read the nonsense in her previous filings or by her comical “FOLLOW THE CASE” page. No need for me to also bore you to death with a book you’ve already read 47 times.

I’ll be focusing on the newer stuff, doing some quick hits, recap, predictions and lots of snark. I’ve got some GLORIOUS cold brew with a dash of coconut milk and off we go.

Times like these sometimes all we need is a cute cat in a box.

• The Weaver’s filed a motion to reconsider the appointment of a receiver.

  • I wish I was joking here. They filed a 72 page motion of steaming wet dog shit served on Melba toast to ask the court to undo the receivership. With a straight face they did this. A good chunk of this filing is the history of how we got here. Not the history of how the Weaver’s mismanagement and inability to pay an actual bank actual money that the bank was actually owed mind you, but the history of the case ending in receivership.

• “The Receivership Hearing was held on extremely short notice.”

• “…..prior to the Defendants having sufficient time to answer the Complaint or assert defenses, counterclaims, etc.”

  • I’m sorry to have to say this again, but the loans were past due for months. The bank even threatened to proverbially turn off the gas and electricity by going to court. Bottle signings were more important than showing up to court, missing a filing deadline (on brand), and generally being an incompetent CEO.

• “In the time since the Receivership Hearing, practically all of the bases asserted by Farm Credit in support of the appointment of a Receiver have been debunked.”

  • SELF DECLARED DEBUNK COUNTER - 1

• “The primary finding by the Receiver himself is that Uncle Nearest is valued significantly in excess of the debt of Farm Credit such that there is not, and never has been, any credible risk that Uncle Nearest is insolvent or that the value of Farm Credit’s collateral is insufficient to cover its claims.”

  • The report that she’s referring to was the first receivership report filed, it was not a finding, but an update. After a few motions, asking for clarity on bringing in the “tentities” into the receivership, that was avoided by an agreement for the Weaver’s (mostly the one not named Keith) to turn over bank records and documents, and if they were found lacking, the receiver could ask for MORE records from years prior. Well, they were lacking, so he had to ask for more documents/records. I can’t believe we have to keep bringing this up. The report was preliminary. It wasn’t definitive. The report due in early January is going to be telling. This is a foreshadowing alert btw.

• “The Receiver has also confirmed that there is not any credible evidence that the Founders and current management team committed any fraud or that any credible risk of any future fraudulent activity exists.”

  • Folks, if the receiver had found evidence of fraud, why would he tell you? Part of any receivership responsibilities is to report evidence of crime to the authorities, not file it in a public document to a court. That would be like blaming someone for a crime and never calling the cops and having them charged. Also, weird thing to say “any credible risk of any FUTURE fraudulent activity exists.” I can’t recall that in the report, and also, what human would ever be able to predict what another human might do in the future let alone include that in a FILING?

There really should have been an editor for this filing.

We are about to enter the juicy parts.

• “In addition to the changed circumstances relating to the bases for the Receivership,the conduct of the Receivership itself provides additional evidence that the interests of the parties in interest in this case are best served by the Company’s Board being placed back in control of the Company. The Receiver’s operating focus on maintaining value through conserving cash has had the opposite effect – it has caused enterprise value to deteriorate. This damage is objectively measurable and accelerating, as detailed in the Weaver Declaration.”

  • Not only are they asking for the removal of Captain Phillip, but they’re about to blame him for the declining sales. No seriously. If I could make this stuff up, I’d be a paid writer in Hollywood.

• “The Neilsen data, which is summarized on the chart attached as Exhibit 1, shows a steep decline in retail sales volume by the Company that begins almost immediately at the start of the Receivership and has continued to decline at a substantial rate. This factor alone should be sufficient cause to terminate the Receivership.”

• Fellow Cats, this is a rake being stepped on in real time. Behold the glory of what’s about to happen here. Sales have declined, which we knew about, and were reporting. Just prior to the receivership, she had begun #CLEARTHESHELVES. The data for that early portion of the campaign wouldn’t reflect in the Nielsen reports until the receivership itself had begun. This as you will see, is her first inadvertent admission that the #CLEARTHESHELVES marketing campaign was an utter and complete FAILURE.

  .

• “As the chart plainly shows, the year over year sales volume during the period after the Farm Credit Complaint and before the Receivership, a period in which the Company’s management remained in control, remained significantly positive. The decrease in year over year sales volume begins literally the exact period of the Receiver’s appointment and has continued. This decline in sales of Uncle Nearest’s products at the retail level is a precursor to a direct decline in the Company’s top line revenue and, if not remedied quickly, will materially impact the enterprise value of the Company. The termination of the Receivership is necessary to right this ship.”

  • All those bottle signings, flights, caviar quesadillas, lobster dinners, and fancy hotels, didn’t equate to increased sales? I’m GOBSMACKED. I think they need someone to replace the failed Chief Marketing Officer.

Merry Christmas to all but that one person.

• “The Receiver’s push for a sale process to benefit Farm Credit has been at the expense of any focus by the Receiver on claims held by the Company, including claims against the former CFO and Farm Credit.”

  • Where have we all heard this before?

• “The backdrop of this Motion is recognition that the Founders, the Board, and the management team currently at Uncle Nearest, Inc. are directly responsible for the unprecedented growth of the Company from a start-up with no assets to a brand recognized as perhaps the fastest growing American whiskey in history.”

  • Note the use of “perhaps” here. That’s because this is court, not social media. Also the claim never held up to even a cursory glance. Seagram’s 1933-1941 8 year outcome 3-4 MILLION cases annually. Fastest percentage growth of any American whiskey brand EVER.. Jim Beam 1933-1941. 8 year outcome 1-2 million cases. Second fastest American whiskey brand in any 8 year history. BUT BUT BUT PROHIBITION! Ok then, Fireball 2012-2020 8 year outcome 4-5 million cases. Fastest growing modern “whiskey” by sheer volume. Hell, UN 8 year estimated outcome 100-150 thousand cases isnt’ even the fastest percentage increase. It was always a garbage marketing thing.

• “In eight years, Uncle Nearest grew to be the second largest Tennessee whiskey – ahead of George Dickel and behind only Jack Daniels. It is not hyperbole to say that the level of success achieved by the Company prior to the Receivership is unprecedented in the bourbon world and did not happen by luck or happenstance, but through diligent and capable management by individuals with a deep knowledge of the industry and with the skillset necessary to build a global whiskey brand.”

  • Props to the people that actually went out and hit the pavement to make this thing what it was, in spite of the “capable” management at the top.

• “The Receiver, while a capable generalist, does not have direct experience of running a spirit company. “

  • Pot meet kettle.

• “As a result, the Receiver’s management of the business has not been able to successfully keep the Uncle Nearest brand on the upward trajectory that has been its trajectory since its founding. The Founders and management team, which are responsible for the growth of the brand from concept to major brand status, are in the best position to continue to build the brand for the benefit of all stakeholders in this case.”

  • Imagine getting your annual performance review from someone that ran a company right into receivership. Merry Christmas Captain Philip.

• “This Motion further seeks a temporary stay of sale-related activities that are likely to be prejudicial to the Company and its shareholders. Specifically, the Movants request that the Receiver and his professionals be stayed temporarily from providing access to proprietary Company information to third-parties pending a hearing on this Motion.”

  • Here the Weaver wishes to block the sale, and that’s not the last you’ll hear about this. Note that no potential buyer can just see this stuff because they asked to. They are NDA’d more than UN’s employees are. No Fawn, Buffalo Trace doesn’t want to see your books. Neither does Diageo.

Surgeon General’s Warning- Copium can lead to nausea, diarrhea, headaches, back pain, and in some extreme cases, prison.

• “While the Defendants likely could have requested a continuance of the Receivership Hearing (assuming a continuance would have been granted), that was not done.”

  • This was Fawn’s filing folks. Why didn’t you? Like WHAT?

• “On October 1, 2024, after operating as the Receiver for more than five weeks with full and unfettered access to all of the books and records….”

  • Well, not exactly. The records were “missing” and then when requested, they weren’t comprehensive, and he had to ask for two more years of documentation.

• “the Receiver found no evidence of misappropriation, theft, or financial impropriety by the Company’s founder, its management team, or any current employee; and while there have been multiple transfers among related entities, the Receiver found no evidence of defalcation to date.”

  • Note the use of “to date.” Because the receiver followed later by asking the court to consider the inclusion of the “tentities” because they were commingled. Also note the ACKNOWLEDGEMENT of “multiple transfers among related entities.” Face, allow me to introduce you to Rake. Rake this is face. I leave you to it.

• “Notwithstanding these findings, the Receiver is moving beyond simply maintaining the status quo, and towards a permanent disposition of the Defendants’ assets prior to an adjudication of Farm Credit’s claims and of the Company’s defenses and counterclaims. The Receiver has recently retained an investment banker to market the Defendants’ assets under two tracks – a potential pre-judgment forced refinance of the Farm Credit loans or sale of substantially all assets of the Debtors.”

  • Sounds like someone is finally understanding why a receivership is such a very bad place to find yourself. I mean, if UN is so flush, just pay the bank and move on. Problem(s) solved.

• “The Nielsen data, as summarized in Exhibit 1, provides objective and startling evidence that the Receivership and the Receiver’s approach is causing a serious decline in sales that is having a severe downward impact on enterprise value to the detriment of all stakeholders.”

  • It’s not startling to people that have #FollowedTheActualCase. We always said that “clear the shelves” campaign was futile considering the staggering amount of inventory that the distributors were sitting on. The decline in retail sales was anecdotally known to even a casual observer.

• “The role of Farm Credit and its financial advisor, Riveron, in having to apparently approve expenditures by the Receiver, has also caused severe disruption and delay. The exact arrangement between the Receiver and Farm Credit remains a mystery as neither Farm Credit nor the Receiver has disclosed the Forbearance Agreement they have executed or its terms.”

  • Pro Tip- If you want to run your own company, don’t run it into receivership. Also, it’s not a mystery to anyone that understands that the bank itself is FUNDING the receivership. The bank is in esssence spending money to protect its money.

• “Clearly, the management team that was responsible for the unprecedented growth of the Company from a fledgling start up to one of the most well-known whiskey brands is in the best position to control the Company for the benefit of all of the stakeholders.”

  • Pro Tip #2- If you want to run your own company, don’t run it into receivership.

I make no claims to the validity of this data, as I’ve seen made up things before.

• “In the time since the Receivership Hearing, practically all of the bases asserted by Farm Credit in support of the appointment of a Receiver, including the allegation of insolvency, have been debunked. “

  • SELF DECLARED DEBUNK COUNTER- 2

• “Furthermore, the defenses and counterclaims asserted or to be asserted by the Uncle Nearest Defendants show that the Farm Credit loans may be subject to significant and legitimate dispute or offset.”

  • Senzaki alert.

• “The Receiver also put together a budget that required no additional funding from Farm Credit other than $2.5 million to fund a short-term catchup of payables and the administrative costs of the receivership itself.”

  • And yet, there is still roughly $17m in debts owed outside of the bank loan that are “STAYED.” So the short-term catchup, is a stupefyingly meaningless attempt to act cute.

• “While the Receiver’s cash flow forecasts do not indicate the necessity of material additional funding necessary for current operations once the expenses of the Receivership itself are no longer required, the Founders have identified several sources for funding that can be made vailable to ensure the liquidity of the Company until the claims in the pending action are resolved.”

  • So raise the money then, pay the bank, move on. What is the People’s CEO waiting for? She can accept a temporary loan from these sources, to then hand to the bank and call it a day.

• “Additionally, the Founders have obtained the commitment of Felicia Gallagher, a CPA and well- qualified financial expert, to serve as interim CFO until a permanent CFO is employed.”

  • Setting the table for Senzaki, party of one.

• “Ms. Gallagher previously served as Senior Vice President of Finance & Planning for Uncle Nearest and was the executive who first identified and developed the financial evidence that led to the Company’s investigation into the fraudulent conduct of its former CFO. She has also served in senior finance leadership roles at publicly traded companies, including as Controller, Comptroller, and Treasurer, and has extensive experience in GAAP compliance, lender reporting, inventory accounting, internal controls, and working capital management.”

  • Remind us again why she left in the first place? Was she unpaid? Was she fired? Did she leave on her own accord? Why would she want to come back? Also, she can’t because Captain Philip is the Captain now. Note that the Weaver said that she has “obtained the commitment” which is not the same as “hired.”

Fawntasy Land (TM) where the copium grows from the ground, and I can get a Genny cream in New Orleans.

• “Upon termination of the Receivership, the Company will answer and assert affirmative defenses and counterclaims that will have significant impact on this case, including, but not limited to, the following: (a) evidence that the Company’s former CFO, who has admitted to significant fraud against the Company”

  • If this admission of significant fraud existed anywhere but Fawntasy Land (TM) that shit would’ve been turned over to law enforcement, and not held quietly as part of an “independent” investigation. This nonsense must stop. If someone admitted to a crime, anyone, you, me, your sister’s boyfriend, we would be arrested and charged. Not used as some fantasy to file in bogus court documents.

• “The “third party investigation reports” to which the Receiver references were investigative reports resulting from the Company’s own internal investigation assisted by Kroll, a global financial advisory firm engaged by the Company prior to the Receiver’s appointment, and which investigation was put on hold as a result of the Receiver’s appointment. The Company’s Board and management team that had removed the former CFO and were in the process of investigating the extent of the fraud are ready to assume full operational control of the Debtors and will be able to directly pursue claims against Mr. Senzaki on behalf of the Company. Consequently, the Receiver’s finding of no fraud by the Founders and current management, and fact that the Company can continue its investigation once the Receivership is terminated pushes this factor in favor of dissolving the Receivership.”

  • Again, if there was an admission of fraud, the man would have been turned over to authorities, not Kroll, and we would know what he was being charged with, how many counts etc… I think the Copium use is out of control here.

• “The primary benefit of the Receiver’s efforts has been his conclusions that have debunked the claims of Farm Credit that the Company is insolvent and that any of the Founders or existing management were engaged in fraudulent activity. Even with those findings, the Receiver has focused his efforts on activities and investigations that will not benefit the estate, while ignoring processes and investigation of matters that will actually benefit the estate. “

  • SELF PROCLAIMED DEBUNK COUNTER- 3

  • They keep bringing up that the founders weren’t involved in Fraud. Why say it so many times? Isn’t once enough?

  • What activities and investigations is the receiver working on I wonder, (actually I don’t wonder)?

• “The Receiver has failed to materially investigate the claims against the former CFO, Michael Senzaki, despite being provided direct evidence of fraud by Mr. Senzaki and, perhaps most significantly, the Receiver has failed to investigate the claims and affirmative defenses held by the Company against Farm Credit. Despite stating that he has made no such investigation, he publicly asserted that such potential claims were “dubious,” although then also stating he “could be wrong.”

  • As an officer of the court, if he found evidence of a crime, it is his duty to report it to the proper authorities. Not dubious ones though.

• “These false accusations relating to the Martha’s Vineyard property in particular were picked up by the press and media, which latched on to the Bank’s intended and foreseeable false insinuation that the Weavers personally diverted loan funds for their personal use.”

  • Let’s not get carried away here, I’m not the press*. I’m a blogger cat, and I expect to be referred to as such. *Please note that this is a snarky comment and in no-way should this be interpreted as me not understanding how the 1st Amendment applies to bloggers who are in effect, considered the “press.”

• “WHEREFORE, the Grant Sidney, Inc., Fawn Weaver and Keith Weaver, as majority Directors of Uncle Nearest, Inc., hereby respectfully request that the Court (1) terminate the Receivership effective immediately, (2) order that all third parties remain stayed in accordance with the Receivership Stay for 180 days to allow a transition time for return of control to the Board, and (3) grant such other relief as is appropriate.”

  • They want the receivership removed, but they want every other party including bank, creditors, and other potential lawsuits stayed for six more months. A bold request in every single way.

Saw this in an art gallery in New Orleans last night. So cute.

Fawn Weaver then submitted a declaration to the court under penalty of perjury if lying. I will attempt the most futile endeavor in history- keeping this brief. It’s propaganda heavy, and the above filing really plagiarized most of it already, so I’ll just do the interesting bits.

• “The Company is also able to pay its operating expenses as they come due in the ordinary course of business. As discussed further below, the company has leadership and financing in place and ready to proceed upon termination of the Receivership.”

  • Land mine. What financing in place? This is a court declaration. You better have signed on the dotted line or this is false. Also coupling this declaration with her attempt to remove the receivership prior to a sale, means that she knows her CEO and ownership of UN is at an end if this motion is denied.

• “The creditor stay entered by the court provided necessary stability while the company addressed legacy payables that management was previously unaware existed and that were uncovered following the separation of the company’s former CFO in October 2024.”

  • Folks, have you ever referred to someone you owed money to as a “legacy payable?” Again, this declaration was under the penalty of perjury.

Thoughts-

• Fawn has acknowledged inadvertently perhaps, that Clear the Shelves failed. The Nielsen Data shows a significant decline in YoY comparisons. This lines up with Whiskey Decision’s reporting, that the math wasn’t working. The first month of receivership the sales VOLUME GROWTH was 7.2%. Then sharply declined -13.6%, -7.1%, and -20.4% over the months of September, October, November.

• Remember, the sales volume at retail, which is what Nielsen tracks, was not money going into the company coffers. That money had been received before. New money must come from reorders not from stores, but distributors. So if retail sales were down…. oh shit.

• Revenue declined 8.2% in August. September 24.9% decline. October 24.3% decline. November revenue declined 23.8% with volume down 19.9%.

• Even in her above math, the numbers don’t work. This is why you don’t let AI do important things like calculating figures to be used in court documents. I’ll just screenshot that part of the filing and let someone with some brain cells left to figure it out. Look below.

I can never figure out why the numbers never seem to add up properly.

• “In 2023 I visited 121 cities in 100 days meeting directly with buyers and consumers in each market and documenting those visits through social media and other public channels.”

  • Don’t forget to smash the subscribe button and like this post. Also, doesn’t a CEO have teams of people that do these things, while they do the CEO things? Oh right. My bad.

• “At the first signing (referring to the recent GA bottle events in December), attendance nearly set the State of Georgia’s all-time record for the largest bottle signing: the following day that record was exceeded.”

  • Folks, this is yet another reminder that she submitted this declaration under the penalty of perjury. There is NO RECORD. It’s made up! It’s false! She knows it’s false.

I’ll move to italics here because I’m doing a lot of editing for brevity, I do not wish to mislead people as to the entire phrasing in some of these bullet points as complete.

• Fawn then acknowledges that distributors have cut orders, have reduced commitments to the brand, retailers have reduced shelf placement, and key accounts have discontinued the brand. These are known things. Hence why Clear the Shelves was doomed, the product was SITTING for so long that distributors stopped ordering. Stores started discounting the products to make space for things that did sell.

• She acknowledges that the company’s valuation continues to decline, yeah, since it was never worth $1 billion, it’s obviously declined in “valuation.”

• She acknowledges UN has suffered confirmed losses of on-premise, off premise and distributor supported businesses following concerns regarding perceived financial instability. Yes, because competent people know that receivership is BADDDDDDD for business.

• She acknowledges the removal of UN from cocktail menus and brand programs at a luxury hotel property in Chicago. Which in all fairness having UN on a cocktail menu is not a smart move as the unit cost of UN is higher than so many better brands.

• She acknowledges the removal of the brand from a high end on premise account in Oregon following exposure to news coverage.

• She acknowledges the suspension of programming, incentives, and brand support by a major distributor due to concerns regarding “ongoing issues” resulting in materially negative depletions.

• She acknowledges the loss of all SKU’s in a large grocery chain that held 500 locations.

• She acknowledges the cancellation or decline of planned single-barrel purchases by retailers in multiple states. Yeah, why would you give money to a company that notoriously hasn’t paid their debts?

• She acknowledges that the company is experiencing broader market hesitation as evidenced by reduced communication, canceled tastings, suspended programs, and buyer reluctance. In some cases, accounts have ceased communicating altogether.

• She claims to have identified several sources of potential operational financing, subject to board approval (her and Keith), sufficient to cover the company’s operating expenses, including from existing UN shareholders (WHAT? A sucker still being a sucker? After all of this?), on termination of the receivership, without the need for any future funding from Farm Credit. Why doesn’t the sucker just pony up now and get on with it?

Merry Christmas everyone from NEW ORRRRRLEEEEEEEEANS.

Final thoughts I swear.

This is pretty much a hail mary from the Weaver. The sale is moving forward, and she needs to stop it by any means necessary, even when her previous attempts were DEEMED AS MOOT. If she can’t stop the receivership, the only thing left to do is cry.

I expect the receiver to move to strike, but it might not be necessary, the judge was pretty clear about not engaging in this chicanery any longer.

This filing reveals quite a few things we can expect in the upcoming receivers quarterly report to the court. Sales are down, revenue is down, Clear the Shelves failed, the marketing genius has lost its effectiveness when confronted with reality.

The investors are fucked. Employees are fucked. People they owe money to are fucked. No buyer in their right mind will buy this company and allow the Weaver to remain in place. Not saying there aren’t some stupid people with stupid money that might permit it, but I seriously doubt they could be that stupid with the inevitable series of lawsuits that will file when the receivership is lifted.

As I continue to write these updates, I cannot believe this shit has gone on as long as it has. I truly feel for the employees past and present, the investors, the creditors, all who get a stomach punch every time they have to read about what’s happening. While I enjoy writing as a hobby, I take no joy in knowing that there are real people who have paid a heavy price by being affiliated in any way with Weaver Enterprises.

I hope you all have the Merriest of Holidays, and hug your loved ones close, be they human, or furry.

UPDATE 12/23-

Today the Weavers’s filed a 72 page “brief.” Folks, it’s the week of christmas. I don’t have time to break this down today, so you’ll have to wait until tomorrow.

Judge Cat delivered one hell of a strike.

UPDATE PART 2-

The other order issued today was in regards to the motion to strike that was filed by Captain Phillip. Let’s cook.

• “Before the Court is Phillip G. Young, Jr.’s Motion to Strike requesting the Court strike the “Directors’ Response in Support of Emergency Motion for Limited Relief from the Receivership Stay to File Responsive Pleadings and Proceed to Judgment” For the following reasons, the Motion to Strike is GRANTED. The Court will DIRECT the Clerk to strike the Directors’ Response from the record. The Court will further DIRECT the Clerk to strike Mainer & Herod, P.C.’s Notice of Appearance on behalf of Defendants Uncle Nearest, Inc., Nearest Green Distillery, Inc., and Uncle Nearest Real Estate Holdings, LLC for the reasons stated herein.”

  • bruhhhhhhhhhhh. The judge struck the goofy filing, and struck the lawyer that was trying to represent the “tentities” from his notice of appearance. This is not an insignificant rebuke.

• “The Weavers—again acting as the majority directors of Defendant Uncle Nearest, Inc.—filed a “response” to the Motion to Lift Stay (i.e., the Directors’ Response).They represented the Directors’ Response was filed on their behalf as the majority directors of Defendant Uncle Nearest, Inc., rather than on behalf of the Defendant Companies, based on the Receiver’s position that only he could represent the Defendant Companies’ interests in this litigation. They further represented that if Defendant Uncle Nearest, Inc.’s board of directors was “authorized to direct the actions of the Defendant Companies” the Directors’ Response would represent the Defendant Companies’ position. As for the substance of the Directors’ Response, it was a point-by-point reply to the arguments raised by the Receiver in response to the Motion to Lift Stay.”

  • The judge, like anyone with semi-functioning eyeballs saw right through this attempt.

• “Before addressing the merits of the Motion to Strike, however, the Court finds it prudent to first resolve the issue that seemingly precipitated the Directors’ Response: who may represent the Defendant Companies’ interests in this litigation. The answer is simple, the Receiver. In the Order Appointing Receiver, the Court vested the Receiver with all the powers of the Defendant Companies’ officers, directors, members, and/or managers to take any and all actions on behalf of the Defendant Companies. The Court further explicitly authorized the Receiver to pursue any legal claims the Defendant Companies may have as well as defend against any claims currently pending or later initiated against the Defendant Companies. Taken together, these provisions clearly provide that only the Receiver may represent Defendant Companies’ interests in litigation, including this case.”

  • I thought the judge was clear before. He’s clear here again. And just in case the Weaver’s try to get cute again, the judge went further…..

• “The Weavers read too much into the Court permitting, but not requiring, the Receiver to file a separate response to the Motion to Lift Stay. This was not, as the Weavers claim, a “recognition that the [Defendant Companies] respond through their Board of Directors.”

  • Polite way of saying “grasping at straws.”

• “Because only the Receiver may represent the Defendant Companies’ interests in this litigation, Mainer & Herod can only represent the Defendant Companies if the Receiver retains the firm for this purpose. As the record demonstrates the Receiver did not retain Mainer & Herod,, the Court will direct the Clerk to strike Mainer & Herod’s Notice of Appearance on behalf of the Defendant Companies.”

  • If the receiver did retain them, at least they’d get paid.

This was not a good at bat for the Unicorn Cat.

• “Should the Weavers or any party have questions regarding the Court’s intent going forward, the Court encourages them to file a motion for clarification prior to taking any substantive action. This would allow the Court to efficiently resolve any questiions as to its intent while mitigating the risk of these proceedings being unnecessarily multiplied.”

  • This is a pointed directive to the Weaver’s or any other party, but mostly the Weaver’s. Definitely the Weaver’s. Well, really only one of the Weaver’s. The one not named Keith.

• “The Motion to Strike will be granted because the Directors’ Response was improperly filed regardless of how it is construed. To the extent the Weavers hoped the Directors’ Response would be construed as representing the Defendant Companies’ position on the Motion to Lift Stay, only the Receiver may represent the Defendant Companies’ interests in this litigation for the reasons discussed above. To the extent the Directors’ Response is construed as being brought on behalf of the Weavers as defendants in this action, it is nothing more than an impermissible reply as noted by the Receiver.. And to the extent the Weavers have legal standing to participate in this litigation separately as “the majority directors of Defendant Uncle Nearest, Inc.,” the directors of Defendant Uncle Nearest, Inc., whether individually or collectively as the board of directors, are not parties to this litigation.2 Therefore, they have no more right to file a response to any motion than does, for example, Tennessee Distilling Group, LLC. Accordingly, the Directors’ Response is improper regardless of how it is construed and will therefore be stricken. “

  • Ouch. Invoking TDG to shut ya down, an entity that you owe a lot of money to. Shade was provided in abundance here.

• “For the avoidance of any doubt, the Court is not stating whether the directors of Defendant Uncle Nearest, Inc., either individually or collectively as the board of directors, may participate in this litigation separately from the Defendant Companies. Rather, the Court is stating that to the extent such a right may exist, the directors (or board) would first need to become parties to this litigation before they could respond to motions.”

  • Your move Weaver’s. Join or die.

• “For the foregoing reasons, the Court hereby ORDERS the following: The Receiver’s Motion to Strike is GRANTED.”

  • I’m glad we have the documents for posterity, but these will no longer be part of the court record. Does this mean that Fawn will remove the document from her blog now? I’ve got $5 that says no, she won’t remove it because truth and accuracy is not really her thing.

• “The Clerk is DIRECTED to strike the “Directors’ Response in Support of Emergency Motion for Limited Relief from the Receivership Stay to File Responsive Pleadings and Proceed to Judgment” from the record.”

• “The Clerk is DIRECTED to strike Mainer & Herod, P.C.’s Notice of Appearance on behalf of the Defendant Companies from the record; and Nothing in this Order shall be construed as limiting the scope of the Receiver’s powers and/or obligations as set forth in the Order Appointing Receiver.

  SO ORDERED.”

Pretty clear rebuke of everything filed. Embarrassing for the lawyer that filed, but then again, you get what you don’t pay for.

By this order, I hereby invoke the holy irk stick and utter a term every toddler understands- DENIED AS MOOT.

UPDATE 12/22-

Of course I do a big update, and then the judge cat finally delivers a gift on my pillow. I’m going to say it happened today because I tossed the rest of that atrociously bad cold brew and went back to my favored brand this morning… I got a ton of crap to do today, so let’s quickly break down these two court orders issued.

• The Judge said no.

That’s the update. Kidding, I’ll be right back.

I would have paid cash money to have the judge say “so irked” in a court order.

Let’s break down the first one, I’ll keep these short today because yesterday was a lot of typing.

ORDER-

• “Before the Court is Defendant Fawn Weaver, Defendant Keith Weaver, and Non-Party Grant Sidney, Inc.’s (collectively “Movants”) Emergency Motion for Limited Relief from the Receivership Stay to File Responsive Pleadings and Proceed to Judgment [Doc. 80]. For the following reasons, the Motion [Doc. 80] is DENIED AS MOOT.”

  • The bolded DENIED AS MOOT, was in the document. That’s a pretty stern NO.

• “No party moved to continue the August 7th hearing. Accordingly, the hearing was held as scheduled. [Doc. 26]. At the hearing, Farm Credit presented evidence and testimony tending to show, among other things, that the Defendant Companies had defaulted on their contractual obligations and that there was a material risk they lacked sufficient assets to pay any judgment that Farm Credit might receive should it ultimately prevail on its breach of contract claim.1 Defendants largely did not dispute Farm Credit’s presentation of the facts, instead focusing their arguments on their position that a receivership would do more harm than good and that the Court could protect Farm Credit’s interests through less intrusive means. [See generally Doc. 30]. The Court took Farm Credit’s motion under advisement.”

  • Also, one of the “movants” was too busy signing bottles somewhere to be bothered to show up and fight for her “beloved” company. You know, as competent CEO’s do.

• “After considering the evidence and testimony presented at the August 7th hearing alongside the other information in the record, the Court granted Farm Credit’s motion. [Doc. 32]. The Court then directed the parties to submit additional briefing regarding who should be appointed as receiver. [Id. at 10–11]. Ultimately, the Court selected the Defendants’ proposed candidate, Phillip G. Young, Jr., (“Receiver”) to serve as receiver for the Defendant Companies.2 [Doc. 39 at ¶ 1]. Several weeks into his tenure, the Receiver filed a Motion for Clarification of Receivership Order asking the Court to clarify whether ten entities related to the Defendant Companies, including Grant Sidney, Inc., fell within the scope of the receivership. [Doc. 41]. This motion remains pending, and the proceedings related to it have been temporarily stayed pursuant to an agreed order proposed by the Receiver, Farm Credit, and the ten entities. [Doc. 79].”

  • Not the judge reminding the PeoplesCEO (TM) that the court chose HER choice of receivers. Also, I see you judge, you ALMOST said “tentities.” Blogger cat is proud.

• “On November 24, 2025, the Movants filed the instant Motion asking the Court to lift the stay imposed by the Order Appointing Receiver so this matter can proceed towards judgment. [Doc. 80]. The Receiver and the Defendant Companies oppose the Motion. [Doc. 83]. Farm Credit agrees with the concerns raised by the Receiver but does not otherwise oppose this action proceeding towards judgment provided that every defendant is on the same litigation schedule.”

  • This is the bank calling the Weaver’s bluff. Yeah, let’s go to judgement, ready when you are, assuming you can keep an attorney.

No dammit no, should just be pre-printed on any filing received by catGPT.

• “No replies were filed as they were not permitted by the Court.”

  • /snicker.

• “The Motion is premised on the idea that the anti-litigation injunction found at paragraph 12 of the Order Appointing Receiver [Doc. 39] applies to these proceedings. [See generally Doc. 80]. As this premise is incorrect and these proceedings are not currently stayed, the Motion [Doc. 80] will be denied as moot.”

  • What do I want on my Tombstone? “Denied as Moot” obviously. This is the judge, politely as he can, saying GTFOH!

• “The Movants interpret this language broadly, believing it to have stayed these proceedings. [E.g., Doc. 80 at ¶ 6]. In reaching this conclusion, however, the Movants fail to give effect to the injunction’s final sentence which states that it “is intended to function in a manner consistent with the protections afforded by the automatic stay under 11 U.S.C. § 362.” Looking to the scope of 11 U.S.C. § 362, it is apparent this litigation is not stayed.”

  • This is a “nice try” response, and it reflects the downside of using catGPT. CatGPT will tell you what you want to hear if you lead it that direction.

• “The Court’s goal in enjoining other people and entities “from in any way disturbing, interfering or affecting the Receivership Assets or the administration of the receivership estate” was—like with the automatic stay under 11 U.S.C. § 362—to freeze the pieces on the board. [See Doc. 39 at ¶ 12]. The Court intended to pause other potential litigation so (i) the Receiver could focus on maximizing the value of the Receivership Assets4 without the distraction of defending against multiple lawsuits and (ii) the parties could focus their efforts on litigating this action without fear that other claimants would drag the Defendant Companies into far-flung courts hoping to raid the Receivership Assets before this case concluded. If the Court stayed this action, then it would be directly undercutting this latter subgoal.”

  • Folks, this is why the Menos case is so important, it targets Fawn Weaver the individual, and not UN Fawn Weaver. Everyone knows this is a huge thing, if the stay is removed, other parties will move to sue (remember TDG? Oracle?), but with the receivership in place, cases against UN are stayed.

Ok I lied, this will be long.

• “Rather than freeze the pieces on the board so that it could oversee the efficient litigation of this case, the Court would just be freezing this case indefinitely. This would be illogical, particularly when considering that a receivership is not an end in itself but rather merely a means by which to ensure a plaintiff can recover should it ultimately prevail on a separate claim (in this case, breach of contract).”

  • Part of me feels like the Weaver’s want to drag this on forever, because they know the bank is financing the receivership to the tune of MILLIONS OF DOLLARS, as if they hope to wear the bank down as they throw bad money after good.

• “The Court was under the impression the parties understood this action was not stayed and that the only reason this action had not progressed was because the parties agreed to delay litigating the underlying claims until a later date.. To the extent this impression was incorrect, the Court now clarifies that this action is not and was never intended to be subject to the injunction found at paragraph 12 of the Order Appointing Receiver. That said, while the appointment of the Receiver did not stay this action, it does affect the schedule on which it must be litigated.”

  • Read the above paragraph in “disappointed dad” voice. No really, try it for the LULZ.

I didn’t say troubled waters, the judge did. No really, read below.

• “he Defendant Companies were in troubled waters when the Receiver was given the helm. He has made commendable strides in setting these companies on a better course, but challenges remain. The Court is unwilling to undermine the Receiver’s efforts by forcing him into an aggressive litigation schedule that prevents him from guiding the Defendant Companies to safe harbor while this action progresses. Accordingly, and to promote the cooperation envisioned by the parties’ prior stipulation [Doc. 67], the Court will direct the parties and the Receiver to confer regarding a litigation schedule that would allow this action to be expeditiously litigated while still affording the Receiver the time he needs to effectively administer the receivership estate.”

  • Folks, we are in for more and more troubled waters, so fasten your life vests and remember the GPS beacon will self activate when in contact with water. .

• “For the foregoing reasons, the Court hereby ORDERS the following: 1. The Emergency Motion for Limited Relief from the Receivership Stay to File Responsive Pleadings and Proceed to Judgment [Doc. 80] is DENIED AS MOOT.”

  • No.

• “The parties are ORDERED to confer and file a joint status report on or before January 30, 2026. The status report SHALL set forth a proposed schedule for the orderly progression of this litigation, one which allows the underlying claims to be litigated without unduly interfering with the Receiver’s administration of the receivership estate. The conferral requirement cannot be satisfied by written correspondence. The parties SHALL confer in person, telephonically, or virtually, in a format that permits real-time verbal communication. The status report SHALL include a certification that the parties have complied with this Order.”

  • Judge, probably- Don’t bring me more nonsense. Get your shit together, set some dates without me having to force feed it to you, and stop interfering with Captain Phillip.

• “For the avoidance of any doubt, nothing in this Order shall be construed as preventing the Receiver from taking any action authorized by the Order Appointing Receiver [Doc. 39] prior to the Court’s entry of a Scheduling Order or setting any other deadlines in this case.

  SO ORDERED.”

  • Folks, the judge likely just said that nothing you do will slow down the receivership duties. Sale is proceeding.

That was just the first document. I need a break. Back soon for part two.

Someone tried to hide behind the receivership shield, but their reservation at the Times Up Lounge is now.

UPDATE 12/21-

I know that I teased doing an update on First Dominion, and I will be doing it this week, but something came up that I found very interesting and thought this was worthy of jumping to the top. I’m halfway through some very bad cold brew, and I’m ready to go.

Remember awhile back when there was a harassment case filed against Uncle Nearest and Fawn Weaver the individual? It’s ok if you don’t, let’s do a brief recap before we get to the interesting part.

• 2022 Garcelle Menos v. Uncle Nearest et al, in Eastern District of New York.

• Lengthy process that takes about 3 years won’t bore you with all the minutiae here.

• We all know the case was stayed with the implementation of the receivership in 2025. BUT!

• In September of 2025, the court order establishing the receivership over Uncle Nearest was filed in the Menos case, which was meant to stay her case.

• In early October there was a motion filed by the attorneys representing Fawn Weaver to withdraw from the case. Michael Collins was added. Odd, for a case that’s stayed right? The court also ordered UN/Fawn Weaver to show cause. This is important.

• On Halloween of 2025, Fawn Weaver submitted a motion. We will now break that down.

From the filing-

• “COMES NOW, Defendant, Fawn Weaver, by and through her undersigned counsel, and hereby responds to the Court’s October 3, 2025 Order to Show Cause. For her Response, Defendant asserts and alleges as follows:

  1. By Notice dated September 25, 2025 and filed at docket 60 in this case, the Court was advised of the appointment of Phillip Young as Receiver over Defendant Uncle Nearest, Inc. (“Uncle Nearest”) pursuant to the Order Appointing Receiver (the “Receivership Order”) entered in Farm Credit Mid America, PCA v. Uncle Nearest, Inc., et al., Case No. 4:25-cv-38, U.S. District Court for the Eastern District of Tennessee (the “Receivership Case”) and the injunction included in the Receivership Order. A true and correct copy of the Receivership Order is attached as Exhibit A. 2. On October 3, 2025, this Court entered a docket order requiring Defendant Fawn Weaver to address whether the injunction established by the Receivership Order operated to stay the instant action to the extent applicable to Defendant Fawn Weaver.”

  • In its essence, this is Fawn reminding the Judge in New York that there is a receivership, and attached the receivership order. The NY court was like hold up, the Menos case was v. Uncle Nearest AND Fawn Weaver the individual. While that receivership applies to the assets of Uncle Nearest, the flesh and blood Fawn Weaver is probably not.

• “The federal courts have recognized the power of a district court to stay litigation that would have an impact on the receivership. In this case, the Receivership Order does operate to stay this proceeding with respect to both Uncle Nearest, Inc. and Fawn Weaver. Paragraph 10(c) of the Receivership Order defines “Receiver Representatives” as “advisors, professionals, employees, brokers, auctioneers, appraisers, agents, clerks, outside attorneys, and other suppliers of goods and services, and anyone acting on behalf of any of them” to the extent employed by the Receiver. Fawn Weaver is currently employed by the Receiver as the CEO of Uncle Nearest, Inc. and provides services for the benefit of the Receiver and subject to the oversight of the Receiver. Accordingly, Fawn Weaver falls clearly within the definition of “Receiver Representatives” under the Receivership Order. An affidavit from the Receiver attesting to Ms. Weaver’s status as the Receiver’s employee and his position that allowing this case to proceed against Ms. Weaver would interfere with and disturb the receivership is attached as Exhibit B.”

  • Fawn is trying to make the case that she as an employee of the receivership, is covered in the receivership order, and thus the stay should apply to her as an individual. It’s hilarious, that she absolutely needed to include the bit “employed by the receiver as CEO.” She really wants you to know that she runs the show, even though she does not right now.

• “Since Fawn Weaver is a Receiver Representative and this proceeding is an action or proceeding against her, this action is enjoined and should be stayed pursuant to the Receivership Order.”

  • See? All we need now is a wherefore.

• “WHEREFORE, Defendant Fawn Weaver respectfully requests that this Court honor the injunction imposed by the U.S. District Court for the Eastern District of Tennessee and order this action stayed.”

  • We love a good WHEREFORE! Fawn respectfully requests to be shielded by the receivership that she fought to avoid being placed. Fawn also for good measure attached the entire court ordered receivership documentation, and then a big surprise!

Too rich for my blood. Maybe Sydney & Grant can afford it, or Grant Sidney, or Ludacris.

What was the surprise? Glad you asked. Exhibit B in the filing was FROM CAPTAIN PHILIP THE RECEIVER!

• “I, Phillip G. Young, Jr., make this Affidavit pertaining to the Court’s October 3, 2025 Order to Show Cause and the Response of Fawn Weaver to Order to Show Cause Dated October 3, 2025. Pursuant to the Order Appointing Receiver entered in Farm Credit v. UN… I am the court-appointed Receiver for Uncle Nearest and certain related entities.”

  • Look at me, I am the captain now.

• “On September 25, 2025, through counsel, I filed a notice in the instant case advising the Court and the parties of the receivership order, which includes a broad injunction that stays the instant case against UN and its employee, Fawn Weaver.”

  • It must gall her to be called an employee.

• “Ms. Weaver (Mrs.?) is an employee under my supervision as part of my duty to administer the receivership case and, as such, she is a receiver representative, as that term is defined in the receivership order. The injunction provided specifically enjoys actions against the receiver representatives to the extent such actions would interfere with, or disturb the receivership proceedings.”

  • So Fawn is NOT the boss of all bosses? She’s an employee under supervision, this filing is desperately trying to make her look like she should be shielded, likely because Captain Phillip doesn’t need another damn headache while he’s trying to post things on Facebook Marketplace.

• “In light of Ms. Weaver’s key role in assisting me with the administration of the receivership case, the demands that the instant case may have on her time and on the resources of the company necessary for her to defend the case, and the potential prejudice that may attend to Uncle Nearest if the instant case proceeds against Ms. Weaver, continuation of the instant case against Ms. Weaver will interfere with and disturb the receivership case. Accordingly the receivership order necessarily enjoins the prosecution of the above captioned was as against Ms. Weaver.”

  • I wonder if Keith knows about Ms. Weaver. Anyway, this was filed before the gloves came off in the receivership filings, and counter filings. It seems as if Cpt. Phillip understands that the Menos case will impact the receivership. We have some more to go over, and we will discuss the possibility of how/why in the final thoughts. Yes, there’s more to read….

I love when competent people are filing competent motions. It’s refreshing, really.

You’re about to find out why I did this update today. In mid-November (I had turned off my pacer notifications on this case, because I thought it was stayed…. my little oopsie, won’t happen again), Menos filed a response.

• “On October 3, 2025, the Court entered a docket order requiring Defendant Fawn Weaver to Show Cause why the Receivership Order (and therefore an automatic stay) should also apply to her, in her individual capacity, and not just Defendant Uncle Nearest. The docket order then allows Plaintiff Garcelle N. Menos to respond.”

  • Remember in Star Trek 2, when Kirk tells Khan, “here it comes?” This kinda feels like that, and this argument is going to be very important for not just Menos, but for an awful lot of people on the sidelines….

• “A receivership does not apply to a defendant not listed as a receivership defendant or assets not considered receivership assets. The scope of the receivership is limited to what is explicitly stated in the Court’s order. It is well settled in the 2nd Circuit that parties not included in the receivership or who have not had their day in court cannot be summarily bound by the receivership order. Wheaton v. Daily Tel. Co., 124 F. 61, 62 (2d Cir. 1903). Simply put, a party not included in the receivership cannot be bound by the receivership order. Id. Here, Fawn Weaver is not listed as a “Receivership Defendant.”1 Additionally, Fawn Weaver’s personal assets were not considered “Receivership Assets. "2 A defendant that was not listed as a "Receivership Defendant" is not subject to the receivership, and its assets were not considered "Receivership Assets. " SEC v. Callahan, 193 F. Supp. 3d 177, 204 (E.D.N.Y. 2016). The scope of the [Uncle Nearest] Receivership Order is limited to the entities and assets specifically identified within the order.”

  • Homework was done. And please please note “Fawn Weaver’s personal assets part…”

• “The authority of a receiver is defined and limited by the entity or entities included in the receivership. See Eberhard v. Marcu, 530 F.3d 122, 132 (2d Cir. 2008). The name Fawn Weaver appears only once in the [Uncle Nearest] Receivership Order. This is by explicitly permitting Fawn Weaver to continue marketing Uncle Nearest products and managing the Uncle Nearest brand, under the supervision of the Receiver. (Def. Ex. A, p. 5). It is quite a stretch of the imagination to argue that this implies the receivership order personally applies to Fawn Weaver.”

  • I mean….

• “The New York State Human Rights Law (“NYSHRL”) and the New York City Human Rights Law (“NYCHRL”) permit personal liability. Ripe for the jury is the question of Defendant Fawn Weaver’s individual liability to Plaintiff, Garcelle N. Menos. (Dkt. 51, p. 37). Without question, both the NYSHRL and NYCHRL prohibit retaliation by “any person,” see N.Y. Exe. § 296(7); N.Y.C. Admin. Code § 8-107(7). Thus, courts have consistently held that “individual employees can be held liable for retaliation under both the NYSHRL and the NYCHRL” for their own retaliatory conduct. Kulick v. Gordon Prop. Grp., LLC, No. 23-CV-9928 (KPF), 2025 WL 448333, at *13 (S.D.N.Y. Feb. 7, 2025) (emphasis in original). There is no rational argument that exists to stay this claim against Fawn Weaver under the [Uncle Nearest] Receivership Order.

  • This filing so good, I don’t need to add much commentary.

• “Fawn Weaver’s argument that ¶12 of the Receivership Order applies to her is unfounded. Fawn Weaver asserts that, because she is now a Receiver Representative and because Case No. 1-22-cv-01449 (U.S. District Court for the Eastern District of New York) involves her individually, it should be enjoined and stayed according to the [Uncle Nearest] Receivership Order. This reasoning makes unjustifiable, sweeping assumptions. First, the [Uncle Nearest] Receivership Order specifically details who is a Receivership Defendant; Fawn Weaver’s name is not included. Second, the [Uncle Nearest] Receivership Order explicitly identifies the Receivership Assets; Fawn Weaver’s personal assets are not listed. Fawn Weaver’s argument is simply this: since she is now an employee of Uncle Nearest, any proceeding against her personally must stop. However, the [Uncle Nearest] Receivership Order does not suspend all personal claims against every Uncle Nearest employee. In fact, the plain language of the [Uncle Nearest] Receivership Order, which defines Receiver Representatives, only pertains to the Receiver’s authority to take possession of, preserve, insure, protect, and manage the Receivership Assets—not Fawn Weaver’s personal assets.”

  • Personal assets. Not Uncle Nearest’s assets. Pretty clear here.

• “The Court should prevent Fawn Weaver from claiming to be a Receiver Defendant or referring to her personal assets as Receivership Assets to delay the administration of justice. III. Conclusion WHEREFORE, Defendant Garcelle N. Menos respectfully requests that this Court proceed with the case progression, as Fawn Weaver, as an individual, remains unaffected by the injunction imposed by the U.S. District Court for the Eastern District of Tennessee.”

  • Up next, the judge decides……

Dooooooozy TM.

I’ll keep the Judge’s order part short, because this has been long, and we still have to add some final thoughts. This was ordered 11/25/25.

• “The Court concludes that the automatic stay pursuant to the Order Appointing Receiver, does not apply to Defendant Fawn Weaver.

• The Order specifically provided that Fawn Weaver could "continue to market Uncle Nearest products and manage the Uncle Nearest brand, subject to the Receiver's supervision." ( Id. ¶ 10(b).) Defendant Weaver claims that the automatic stay applies because she is a Receiver Representative, as she is the CEO of Uncle Nearest and "provides services for the benefit of the Receiver." (Def.'s Resp. to O.S.C., Dkt. 60, ¶ 4.) The Court disagrees.

• Here, there is nothing in the record that indicates that Plaintiff's action against Defendant Weaver (as opposed to Uncle Nearest Inc., whose assets are the subject of the Receivership) would interfere with the operation of the receivership.

• Indeed, the Order's definition of "Receivership Assets" makes no mention of Defendant Weaver's personal assets.

• The fact that the Order does not explicitly prohibit legal proceedings against individual corporate officers further suggests that Plaintiff's suit against Defendant Weaver can proceed.

• See Bank , 2019 WL 7878570, at *4 (allowing litigation to proceed because the receivership order did not, like other orders, "stay legal proceedings against both the corporate entities subject to the receivership and the individual officers of those entities"). Thus, the Court concludes that Plaintiff's suit against Defendant Weaver may proceed.

• However, in the event that circumstances change such that Defendant Weaver can show that this suit would threaten the receivership, she may move to stay proceedings before this Court.

• In addition, due to a change in the Court's schedule, the trial in this matter must be adjourned to July 27, 2026. The related filing deadlines are accordingly modified as follows: 1) Motions in limine shall be filed by 5/4/2026; responses are due 5/18/2026; replies, if any, are due by 5/25/2026; 2) Proposed jury instructions, proposed voir dire , and a list of names, places, terms, and acronyms the parties expect to refer to at trial, shall be filed by 7/6/2026; 3) Final pre-trial conference is scheduled for 7/22/2026, at 10:00 a.m., in Courtroom 4F North; 4) Jury selection and trial (8 jurors, 10 business days) shall be held on 7/27/2026, at 9:00 a.m. Ordered by Judge Pamela K. Chen on 11/25/2025. (ABB)

Wrap up-

The Menos lawsuit against Fawn Weaver is going forward, and has a court schedule. July 2026. Fawn Weaver will probably file more silly motions, but she won’t have unlimited time to do so. Judge Chen seems ready to get the show on the road. Why is this all important for an update?

There’s a few reasons why-

• Garcelle Menos will finally get her date in court after a lengthy journey. She went through a lot, but she will at long last get her chance for justice.

• This ruling shows that it may be possible for others to engage Fawn Weaver in court, as an individual, and not as an employee protected by a receivership she despises.

• This is a continued reminder that the bank lawsuit is really only the beginning of Fawn’s legal troubles, and should serve as a red flag for any potential buyer of Uncle Nearest, that Fawn Weaver will potentially be an ongoing liability to running the company.

• Fawn having to go to a jury trial would surely be infuriatingly amusing.

• Will this ruling encourage others to file and get in line? I dunno, I’m just a blogger cat.

Start the clock.

UPDATE 12/19-

Day two of very bad cold crew that is not making me happy at all. Do you know what else is not making me happy right now? The Judge sitting on his hands, and keeping the “Irk Stick” on ice. This weekend I’ll be doing a deeper dive on the John Eugster/First Dominion angle, so for todays update, assuming the Judge doesn’t rule, I’m going to go over some quick hits and some questions I have.

• Remember the Billups lawsuit against Uncle Nearest? It was one of the cases where a marketing company performed multiple services for Uncle Nearest in 2023-2024 and they were only partially paid. After some time of not being paid, Billups LLC, and Oregon company, filed suit. When they did so, they attempted to serve Fawn Weaver but were unable to do so. They attempted to notify attorneys for UN and Fawn Weaver, and were unable to discover any counsel to share the filings and case schedule. Ultimately, the plaintiff filed for a default judgment against UN for payment, and since the People’s CEO never contested the case, it was ruled in their favor. But guess what happened right after the victory? Farm Credit lawsuit dropped. Billups was stayed, and still hasn’t got their money. Still. But remember, this is a successful business.

• Nothing is getting paid until the receivership ends. Which means, sale. There are many people requesting their money pre-receivership that are being told that “maybe after this is all over and Fawn farts a rainbow full of other people’s money then you’ll get it.”

• The rumor mill is running wild with a possible Jay-Z / Beyonce purchase of UN. Folks, this has been floated so many times, I’m not saying it won’t happen, but I am saying that this is probably a heavy dose of COPIUM. There are probably some well heeled people about to place a bid, but Jay Z? Maybe Diddy can when he gets out. I’m sure they can release an Uncle Nearest Baby Oil.

• There are continued COPIUM rumors of refinancing. Sorry folks, not gonna happen. No bank would dare touch this mess. You burn one, you usually burn them all. Without a true valuation of the company as it stands, and what assets belong to who, there’s no collateral for a loan, and to top it all off, a bank can’t count on that collateral staying put.

• Assets sold, then UN itself. Only thing that makes sense.

• I’m still amused that Humble Baron pays next to nothing for the lease on UN property. Two separate LLC’s, acting in tandem, commingled to the hilt.

• The brand continues to be damaged by the untruths that are put out there.

Questions I have-

• Will the culties ever wake up?

• Will all the management hide their work history with UN after this is all over? Hi Kate.

• How will MomTok survive this?

• Will Captain Phillip ever write a book?

• How much do these bottle signing trips cost the company?

• What is the return on that investment?

• Does anyone at that company feel regret repeating the made up bullshit awards?

• How many documentaries will there be about this saga?

Lies, lies and damned lies?

UPDATE 12/18-

Feisty warning- I got some new cold brew and it’s trash, so I apologize in advance for what will be a very spicy update.

Will the nonsense ever actually end? Probably never. I look forward to the day when this is all over so that I never have to hear so much bullshit ever again. Let’s breakdown some fresh wet steaming bullshit, and get on with some FINRA thoughts.

• Today, the Uncle Nearest page ran a Tabloid themed post about breaking some autographed bottle signing record in Georgia. Only there is no record. It’s made up. It’s as self-declared as that $1.1 billion “valuation.” There is literally NO mention of any record except from social media, and it has nothing to do with Guinness Book, nor any other certification agency. There’s no documentation, no citations, other than Fawns Social Media post about it. Seriously, google it, you’ll see. Use paid ChatGPT, which I did, and this is what it showed.

Even AI is like bruhhhhhhhhhhh.

At this moment in time, I’m used to seeing the deceit from the UN “leaders”, the relentless deceit, about stupid small things and very big things. Why this company lies so effortlessly is beyond me. It’s marketing hooey, it’s nonsensical dog shit on a waffle without syrup. They continuously pump out so much crap that is untrue, and verifiably untrue, that one is left to wonder, is there no bottom?

When was the last time you heard Fawn Weaver talk about Nearest Green the person? I’ll bet you can recall the last 947 times Fawn talked about something Fawn achieved.

Folks, this brand is broken.

Fawn has replaced Nearest, leaving him behind in the dustbins of history was apparently effortless. Fawn Fawn Fawn Fawn. Victoria Eady Butler (TM) is an actual descendant and she’s barely showcased. Fawn trots her out like her fun little show pony, another prop if you will, and then puts her back in her box so Fawn can stay in the spotlight.

Here’s the original posting on the UN page, not Fawn’s personal. Which makes it even more infuriating. Come on Captain Phillip. This is on your watch.

I wonder if they Trademarked “LARGEST BOTTLE SIGNING IN GEORGIA’S HISTORY” like they did with Worlds Longest Bar?

Ok, now let’s talk about FINRA.

• What is FINRA?

  • A non-government, not-for-profit regulator. FINRA is overseen by the SEC, but operates independently. FINRA regulates broker-dealers and the people who sell securities (stocks, bonds, mutual funds, etc.). John Eugster for instance. If someone sells investments and earns commissions, there’s a very good chance FINRA is their regulator.

• What does FINRA do?

  • They qualify and license brokers, and maintain the registration of brokers. If a broker isn’t licensed, FINRA can shut them down. FINRA writes the rules and they’re the cops. They investigate bullshit. They impose fines, suspensions, or lifetime bans. FINRA also looks for trading manipulation (insider trading), bad trading practices that undermines confidence in a fair market. FINRA audits sales, marketing, record-keeping and anti-money laundering compliance. FINRA runs BrokerCheck which shows any complaints and the resolutions. FINRA handles investor complaints.

• Why are we discussing FINRA?

  • Well, some investors are obviously unhappy with the position they’re in, and frankly some of them feel like they were misled not just by Fawn Weaver, who pitched them on UN being sold eventually to a big conglomerate and that’s how the investors would potentially earn a return on their sizable investments, but by other board member John Eugster who had also pitched them on investing through the firm he was affiliated with (First Dominion). A case could be made that zero due diligence was performed by someone that is regulated, and required to actually do this. His responsibility as a broker is to the investors, not himself, not Fawn, not Uncle Nearest.

  • A broker, in this case a John Eugster, is required to conduct reasonable due diligence on any deal, including verifying material facts (no CAP table is bonkers), understanding the issuers business (Uncle Nearest), reviewing financials (LOL!), identifying risks (LOL!), detecting red flags or misstatements (LOL!). A broker is required to NOT blindly rely on what the issuer SAYS! FINRA explicitly holds brokers responsible for false or misleading CIM’s (remember our lesson on CIM’s?), omitting any material risks, or overstating projections (LOL!).

  • A broker cannot exaggerate returns, or promise any kind of outcomes. They cannot downplay risks. They cannot selectively disclose the “Good News.” First Dominion, as a company, must supervise the broker, in this case John Eugster. A broker must put the investor’s interest ahead of their own compensation. They also are required to file reports if any suspicious activity has taken place, and if we are to believe that Senzaki is some financial Lex Luthor, then where is Eugster’s reporting on it? Any record?

If the judge doesn’t rule, over the weekend we will be going over more of this and how John Eugster and Christoper Anci are professionally related.

Class is in session. Pay attention now.

UPDATE 12/17-

It appears at this rate that the judge will wait until the Rolling Stones retire to issue his ruling. Another quick update today, mostly educational. Let’s break down a CIM.

• What is a CIM?

  • A Confidential Information Memorandum (CIM) is a formal, non-public document prepared to market a business, asset, or investment opportunity to a select group of potential buyers or investors, usually under a non-disclosure agreement (NDA). More or less it acts as an official sales book for a company or deal. These are very common tools in the spirits industry.

• What’s inside of a CIM?

  • These documents include a high level overview of what the business looks like, why it’s attractive to purchase, the history, the Intellectual Property (think trademarks/assets), the market size and trends, operations/supply chain, financials (LOL!), growth opportunities, litigation (oh boy), the structure of the deal, and the timeline. These often contain sensitive data, hence the NDA. A CIM is a controlled-access deep dive into a business, created to convince serious buyers or investors to move forward, without airing dirty laundry to the public or blogger cats.

• Who requests a CIM?

  • In most cases, almost anyone that’s interested in purchasing could request one. Mostly these would be serious inquiries by Private Equity Groups, or a well heeled person or persons looking to buy a whiskey company. Sure, there are “tire kickers” that can request them, because a CIM is not a contract to purchase. A CIM can be used to gauge the value, or asking price before backing up the truck full of cash.

  • In this case, most potential buyers already know a lot, so a CIM would likely just confirm the details a buyer might be curious about.

  • With Uncle Nearest, a CIM request probably signals an intention to offer, and not people snooping for trade secrets as Fawn has already claimed.

• A scenario.

  • Let’s say there are multiple interested parties. For kicks, let’s say 40. Each request is made, the CIM provided, and then the investor group/private equity group goes over the details, checks their bitcoin account, and then decides whether or not to make an offer, or accept the terms. Captain Philip already said that he would be soliciting offers, and presenting the best options for the future of the business, so let’s assume this is an auction. Very likely a silent one.

  • In our scenario, let’s assume that 85% of the requests are scared off, say too rich for their blood, or details aren’t what they thought, the tooth fairy cheated them as a kid, whatever the reason they’re out. That Leaves 6 or so that might be willing to make an offer. They make their bids, and those end up on Captain Philip’s desk. His team would probably do their due diligence (god knows they won’t ask Eugster to do it, he probably doesn’t know how), sort out the ones that actually had the means to back up the money truck, and then present the best offer to the judge.

• Does this mean a sale is imminent?

  • In short, yes. What the timeline looks like? Unknown. A CIM could be used for the farm, a chateau, any asset really, but also for the company itself. There are still a lot of things that must happen before the sale of UN. Debts must be cleared. Non-essential assets sold to pay the bank loan. Ending the receivership.

  • There is one thing that could delay things significantly. Fawn, Keith, and Grant Sidney’s motion was likely filed to contest the sale and nothing more. They don’t want the brand sold, because they’d likely be out and since they own 40% of the shares, they won’t get a whole lot of money for the purchase (if any at this point). There are very few potential buyers that would risk the liability of having Fawn Weaver involved going forward, so it’s logical that Fawn feels compelled to fight any sale.

• Can the Weaver’s as board of directors block the sale?

  • Not really, but maybe? They’re trying this with their pending motion to essentially let them sue the bank. It’s a stalling tactic, that would not likely impact any sale. Why? Because the receivership.

  • Any deal that Captain Philip thinks is the right move for the company, must be presented to the judge. This will likely kick off a round of motions, maybe hearings, assorted goofy chatgpt legal arguments trying desperately to derail the sale. Ultimately the court will decide if a sale is accepted or not.

• Are CIM’s in play right now?

  • Fawn claimed they were without naming them CIM’s. She talked about data rooms and whatnot in her court filing. I believe they absolutely are, because this receivership cannot go on forever, and there are firms involved that were hired by the receiver to explore all options Any competent person in their remaining management team has to know its coming. This would make sense, as a sale was mentioned as a possibility early on.

• Will we ever know what the offer is?

  • Uncertain. UN is not a publicly traded company, so they don’t have to disclose this information to the public. They would however have to disclose it to their current investors, so I have hope that these will end up in court documents for what I think is an inevitable investor lawsuit or two. I don’t know that this will show in the court documents in this case, there are already several documents filed that were sealed, I would think it possible that any sale offers would be sealed as well.

Class dismissed for today, if the judge rules today we’ll break down the documents, if he doesn’t, tomorrow in class we will discuss FINRA.

This new “bots” deflection is just the latest lettuce burger.

UPDATE 12/16-

I have a little update today, mostly some quick hits, and a question or two rolling around in my head. I got my home made cold brew ready, so let’s drive.

Quick Hits-

• CIM’s. You’re about to hear a lot about this acronym shortly.

• You’re also going to hear a lot about FINRA.

• Ray J (yes, the Kardashian tape Ray J) at Humble Baron has been canceled. Why? Well, dang, it’s a lot. $30k appearance fee returned/paid? Unknown.

• There were never any “all time records” for bottle signings in Atlanta. Every claim on socials is so extra. If she broke the all-time record, who held the record before her? Who documented this record? Like, come on already.

• I think that the valuation of UN will be below $40 million. Yes, FORTY. And I’ll lose a bet if true.

• Diageo? Out.

• Brown-Forman? Out.

• Bacardi? Out.

• Sazerac Co? Out. They’re likely buying 4 Roses, a brand with actual sales, and a working still.

• Why out? Any buyer will have to factor in the continued liability of having the Weaver’s associated with the brand. What liability? debt, potential fraud charges, more lawsuits (yes, more), P/R nightmares of her exit…. (They STOLE IT OMG!).

• I do not believe that Uncle Nearest has ever turned a profit.

• Their biggest sales year was around $30-40 million. Sales. This is why the “percentages” that Fawn was always touting, and “fastest growing whiskey company on planet Neptune” never had any real meaning. You sell 1 bottle in January, and 2 in February, and oh my gawwwww, HUGE PERCENTAGE INCREASE!

• With their biggest sales year around $30-40m, it was always absurd that the self-declared billion dollar valuation claim was ever made.

• How do you take a bank loan of $108m and turn it into $30-40m in sales? Forget the investor money, that makes it even worse.

• Looking at the last six months alone, it has to be understood that “Clear the Shelves” was never going to amount to anything. It was all public relations, and a failed marketing move at best. Even if sales had doubled across the board, they couldn’t dig out of the very large hole they were in.

• Bankruptcy would have been their best option, with a huge BUT.

• BUT- the books were cooked, they couldn’t do that, because it would have been exposed for what it is. Cough* Madoff COUGH.

Questions I have in my head right now.

• What is the SEC doing? Are they going to acknowledge the complaints about First Dominion and John Eugster (board of directors for UN and a part of 1st Dominion)?

• For that matter, isn’t First Dominion which is registered as a broker/dealer, supposed to disclose complaints made against them or their officers?

• When will Fawn’s independent investigation of Senzaki find him guilty of being on the grassy knoll at Dealy Plaza? Or guilty of anything really? Why is he a free man after a year?

• Are the taxes on the Weaver’s properties being paid?

• Are the loans?

• Why does Fawn lie so much?

• Why do people continue to believe what she says is true?

• Did bots spend all of the investors money?

• Do people know that there were hundreds of investors ripped off?

Now we wait, and wait, and wait for the judge some more.

Mike Senzaki will undoubtedly be relieved that he’s not being blamed for the “bots.”

UPDATE 12/15-

Welp, another Doozy-Free NothingBurger (TM) with cheese was served to the culties, and they aren’t even asking for ketchup to help choke it down. I really wanted to break down the nonsense she posted, but frankly I’m just going to let this “situation” run its course. There’s something in the air right now that feels different, concerning even. Don't worry, I’m not getting soft, but something about this is where I feel the need to step aside and just watch the rakes get stepped on.

Until the Judge rules…..

The Unicorn has jumped Mt. Relatable. Kinda the modern day version of “Jumped the shark.”

UPDATE 12/12-

Friday. C’mon judge don’t make us wait until next week, we all got stuff to do. Those of us who follow the Fawn’s Follies on instagram know that the comments are full of sycophants and culties. Most of us are smart enough to avoid posting a comment, knowing we’d get slaughtered, and just shake our heads at the absurdity of it all.

Today though, something different happened. Feel free to click this link to a video posted that has now gone viral (5,600 comments so far!), and behold the glory of the commentary! If you are one of the folks so sick and tired of the lack of accountability, enjoy these few moments of zen. This is a runaway train, and the only way Fawn can shut down this narrative is to try to brute force get it removed by the OP. Good luck with that as it’s now spilled over into the comments section of her own instagram page.

She posted a tone deaf “out of context” apology not apology piece of dumbfuckery, and now the comments on her page are a lot different than her normal curated sycophantery. Not sure that’s a word, but I like how it sounds.

Well, it’s gone fully viral at this point. Twitter/X has 1.3 million views…… and the commentary is cathartic.

UPDATE to this update. Overnight it’s gone from viral, to raging wildfire. She made the ShadeRoom, comedian Tony Baker, and countless others have amplified this latest “step on a rake” moment.

My favorite comment so far.

Watching the insufferable new shitcom “Sunday’s with the Weavers” is enough to make a cat switch cigarettes.

UPDATE 12/10-

The judge must have a busy docket or something. In the meantime we are all left with the Socials, and the relentless manufactured relatability of Sunday’s with the Weavers.

• Caviar, you like it, I like it, we are just like YOU!

• Oh, and we put it on chicken nuggets, just like my beloved employees right?

• Watching the P-Diddy documentary? Watch me miss the point entirely!

• When you fly as much as I do, Delta drives you to the plane isn’t that cool and relatable?

• You know when your hair is acting up and you fly all the way to Atlanta to get it done? Relatable right?

• And then mix in some bottle signings for “work” so the trip is probably on the company dime? That’s how we all do it!

And then there’s the comments on socials… Ooof and Ooof. Like this lil doozy below.

Quote of the year nominee- “Legal issues have been sorted.” Second nomination- “As we’ve moved this case forward.”

What is it about that damn house?

UPDATE 12/9-

I’m still shaking my head about the filing yesterday. If you haven’t watched Kandi’s TikTok on it yet, you should. Her face is all of us with a brain. While we continue to wait for the Judge, let’s talk briefly about how this all began and why the bank had finally had enough- The Martha’s Vineyard house.

• Did you know that the house has an LLC? It does. UN HOUSE MV LLC.

• Did you know that UN is the owner of the LLC that owns the House? It does.

• Did you know that the house is owned by two banks? No, seriously. It is.

• Did you know that you aren’t the only ones confused? We all are.

Time for a little refresher.

• UN took a loan to purchase this property at 471 W Tisbury Rd, Edgartown, MA 02539. They paid $2.25 million for it (they being UN HOUSE MV LLC). Remember, they owe Farm Credit for this money. It was a LOAN, not a GRANT, nor a SIDNEY. This was in April of 2023.

• In September of 2024, the home was mortgaged via OAKTREE FUNDING CORP to an LLC named UN HOUSE MV LLC. The mortgage was for $1.5 million.

• The debt owed on this $2.25 million house, is now $3.75 million.

• The management on the mortgage taken out from Oaktree? Keith Weaver. Mike Senzaki.

Fawn Weaver keeps bringing up how the bank knew she was going to buy the house like the bank was saying they didn’t. Farm Credit knew they were buying the house. Fawn probably claimed it was the greatest business investment of all time (yeah, turn $2.25 million asset, into a $3.75 million liability, a doozy of a move). Fawn invited bank reps to the property.

What Fawn continues to deflect, and ignore, wasn’t that Farm Credit didn’t know about the purchase, was that the asset (The MV House) was collateral for that chunk of the loan.

Keith and Senzaki got a mortgage on that Farm Credit owned property, 16 months later, for $1.5 million. Thus making the house, collateral to OAKTREE mortgage (a loan). Now the house, has two loans on it, and the collateral, the house, is worth less than the loans combined. Farm Credit knew this was improper, and made it a point in their overall lawsuit.

Fawn howled louder than Georgia during Sherman’s march to the sea. Her argument against the Farm Credit lawsuit was heavily weighted with stuff about that house. It was always difficult for me to understand why, that seemed even at the time to be an obviously small rake she stepped on, why keep bringing it up?

I have some thoughts on why. If Keith Weaver filed that mortgage along with Senzaki, (if their signatures are on it) knowing that what they were doing was improper, or HID the fact that Farm Credit held the house as collateral to the loan, then they likely committed bank fraud.

Bank fraud often results in prison.

This might be one of the reasons for being so vocal about that non-revenue generating gigantic liability of a house.

Ultimately, this was probably one of the last straws for Farm Credit. The loans were already defaulted on, the Forbearance agreement hadn’t yet been negotiated, agreed upon, and defaulted on when this took place.

It was an obvious, egregious thing that probably alerted Bank officials that this was dubious management of bank funds, at BEST, and that they had better prepare for what was to come.

And here we are, waiting for the judge.

I guess I can let my Trademark for the “Tentities” lapse.

Did you know that you too could cosplay being a successful business person by taking none of your dollars, and turning it into $3.75m in debt?

This as you may recognize is the sale deed to UN HOUSE MV LLC.

Reading a Weaver filing is akin to eating a head of lettuce on a bun.

UPDATE #2 12/8-

Thankfully the filing came in before Monday Night Football kicked off, so I can crank this out as it’s another Nothing Burger filing from the Weaver’s.

I’ll break it down, but essentially it’s - If the Receiver motion to strike is granted, then so should his response that they responded to which triggered the motion to strike. Yeah, it’s confusing like that. Rest assured there were no doozies harmed in this filing.

• “On November 24, 2025, Grant Sidney, Inc., Fawn Weaver and Keith Weaver, in their individual capacities, collectively filed the Emergency Motion for Limited Relief from the Receivership Stay to File Responsive Pleadings and Proceed to Judgment3 (the “Emergency Motion”).”

  • Yes, we know this. Everyone knows this. Ma’am and Sir, there is no emergency.

• “On November 25, 2025, the Court entered its Order (the “November 25 Order”),4 which required responses directly from Uncle Nearest, Inc., Nearest Green Distillery, Inc., and Uncle Nearest Real Estate Holdings, LLC, but expressly did not require a response from the Receiver, as follows: To facilitate the prompt resolution of this Motion, Plaintiff Farm Credit Mid- America, PCA and Defendants Uncle Nearest, Inc., Nearest Green Distillery, Inc., and Uncle Nearest Real Estate Holdings, LLC are hereby ORDERED to respond to the Motion [Doc. 80] on or before December 2, 2025. See E.D. Tenn. L.R. 7.1(a) (noting the Court may set aside the ordinary briefing schedule). The Receiver may also file a response by this date, but he is not required to do so. Replies are neither necessary nor permitted. The clear import from the Order was the Court’s recognition that the Uncle Nearest Defendants respond through their Board of Directors.”

  • Whut? This tomfoolery is going to go on forever if allowed.

• “On December 2, 2025, Fawn and Keith Weaver, solely in their capacity as the majority Directors of Uncle Nearest, Inc., filed their Directors’ Response in Support of Emergency Motion for Limited Relief from the Receivership Stay to File Responsive Pleadings and Proceed to Judgment (the “Directors’ Response”).5 As noted in that pleading, the Directors’ Response was filed on behalf of the Directors, rather than on behalf of Uncle Nearest, Inc., as a result of an email sent from the Receiver to counsel for the Defendants indicating that only he was authorized to represent the Uncle Nearest Defendants. Since it is clear from the November 25 Order that the Court was interested in understanding the position of the Company, separate and apart from the Receiver, and in an effort to be deferential to the Receiver’s position, the Directors’ Response was filed only with respect to the identified Directors and was filed solely in their role as Directors.”

  • Folks, please note that John Eugster, the Third Member of the Board, is so obviously silent here. This filing sure seems like it was filed so that another junk link on “FOLLOW THE CASE” could be added.

• “The Directors’ Response, which was filed in accordance with the Court’s filing deadline, did address the positions taken by the Receiver in the Receiver’s Response because he filed that pleading several days before the filing was due. The Court admonition that replies were neither necessary nor permitted was clearly directed to filings made after the initial responses. Indeed, the Receiver’s Response replied to the assertions of the Movants in the original motion, so if the Court follows the Receiver’s rationale, the Receiver’s Response should then also be stricken as a reply. The simple fact that the Director’s Response addresses the arguments made previously by the Receiver does not convert the timely filed Response into a prohibited reply. WHEREFORE, the Directors of Uncle Nearest, Inc. hereby request that the Court deny the Receiver’s Motion to Strike and grant such other relief as is appropriate.”

  • This is going to head for a hearing I think. The amount of end runs here is exhausting. I have a feeling the judge is going to have to get all hands in the room, and bust out the ruler for some knuckle adjustments.

One benefit of a nothing burger is how hydrating lettuce is. Now for football.

We are living the Comic Books in real time.

UPDATE 12/8-

Is anyone else out there chewing down their claws waiting for the judge to issue an order/ruling/irking? Just me? Ok. Today we have a very image heavy update. I’m going to list some interesting Trademarks that were applied for, and what their status is. Some have been abandoned, some are pending, some are active.

We all know most of the TM’s by now, I’ve reported on a lot of them already, so let’s get to the ones I haven’t. Under each image, I’ll list the application dates.

Applied for in 2020. Extension requested 7/25.

Application filed 2019. Abandoned 2020. Likely when the TM above was filed.

Also filed 2019, and abandoned 2020. NOTE- Each of these filings is $350.

Applied for 2019, abandoned 2020. What is Crystal rye? I believe it’s the process of stripping the color out of aged whiskey.

Say it with me folks, Applied for 2019, abandoned 2020.

Applied for 2019. Current. Note in her socials she’s using this term more.

Applied for 2021. Abandoned October 2025. Also note that she uses this term when talking about Temu Mimosas.

Applied for 2021. Six month extension to file submitted October 2025. Who is George Green and why does he need to be merch’d?

Applied for 2018. Abandoned 2021. He needs to be on merch because he isn’t going to be on whiskey it would seem. Who is George?

George, not Nearis.

Applied for in February 2019. Abandoned in October 2019. Without a hint of irony, they use this on their website.

In the year 2025 of our bizarre timeline, let us not forget about this gem of a trademark.. Applied for January 2025, abandoned October 2025.

And yet she still uses that little TM thingy on her blog that recently appeared.

But but but AI made a mistake on the neon sign right? RIGHT?

UPDATE 12/6-

Last night I had some real difficulty sleeping. No real reason why, just couldn’t quite sleep. So I got up before the neighborhood feral cats did, cleaned out their water fountain, washed all their food dishes, refilled the dry food auto feeder (so we can remotely feed them if they’re out while we aren’t home), and poured myself a pint of cold brew and went back and started looking at some old documents I have and my brain realized that I had missed something It happens. So, let’s get into a few things.

• We all know about the company Grant Sidney Inc. It’s Fawn’s holding company that has loads of shares in Uncle Nearest and a variety of Trademarks. Nothing new here, but let me do a quick recap because this is a Foreshadowing Alert TM.

  • Grant Sidney was founded originally in 2013, although it wasn’t called that. It was initially VR Investments Inc.

  • In 2016 VR Investments changed names and/or folded into the newly formed Grant Sidney.

  • In January of 2025 Grant Sidney filed a statement of information with California, changing the principal office from Oregon, to California, while keeping the mailing address in Shelbyville, removing Mike Senzaki as CFO, and listing Fawn Weaver as CEO, Secretary, and CFO.

Now, the thing I had missed and thanks to a lot of cold brew, now found, was this.

• In 2007, a holding company was founded in California by the name of Sydney & Grant Inc.

  • A year later, a statement of information was filed listing a Redondo Beach California address. No officers were named.

  • In 2010 the listing was suspended by California because of delinquency in certification. For those that don’t understand this sort of thing, you have to file annual reports to essentially tell the state that you still exist. End of story big freaking deal right?

  • In janauary of 2025, a new statement of information was filed that included the following.

    • Principal Address 6060 Center Dr. 10th Floor Los Angeles, CA 90045

    • Mailing Address 600 Main Street #2000, Shelbyville, TN 37160.

    • Officer Name- Fawn E. Weaver.

    • Positions- Chief Executive Officer, Chief Financial Officer, Secretary.

    • Agent Name Rhonda Davis (the principal address is the agent address btw).

    • Signed by Fawn Weaver 1/30/25.

What does it all mean? That’s above my pay grade, but I found it interesting that she would have two holding companies using roughly the same name, and getting it updated in January of 2025. Also, they missed the annual report due date of 10/31/25 which is fairly on brand.

Does the receiver know about this holding company with a mailing address and one of HIS employees (who is all of the officers) on the property he manages? Dunno.

Does he now? Dunno.

I suppose we should also keep an eye on Valrent to see if it too rises from the ashes.

• Founded in 2005.

• Suspended due to delinquency in 2007.

• In 2013 Statement of information filed.

  • Address listed in Agoura Hills, CA.

  • Fawn Weaver listed as CEO, Secretary, and CFO.

  • Type of business Real Estate.

Valrent was one of Fawn’s early Real Estate Companies. She mentions learning about real estate from Keith early in their marriage in her book. This was probably that.

And Saint Attila raised the hand grenade up on high, saying, 'O Lord, bless this thy hand grenade, that with it thou mayst blow thine enemies to tiny bits. In thy mercy.

UPDATE 12/5-

Anyone remember those Heinz Ketchup commercials of yesteryear? You know the ones where they went to pour the ketchup and touted how Heinz was so thick it kept you waiting for the ketchup to come out? It was all about the anticipation. I feel like I’m waiting for the judge the same way. (fun fact, Heinz used to chill the bottle to slow the pour for the commercials).

While we wait, we can go over some recent commentary on the socials.

• First up, a brave commenter posted a very pointed comment (image below) on Fawn’s most recent strange posting about how the attention she is getting is akin to getting jumped in Watts and how she had to explain it to mostly white distributors. If you’re confused by what I just wrote, don't be. It was weird when she said it.

Tolstoy would be proud.

Pretty straightforward thought, right to the point, undermines the dumb analogy that she was trying to make. Her code switching here backfired spectacularly, and of course she had to respond by deflection.

She left this comment up, she does from time to time, so she could use it as an example of what’s happening “to her” and then pivot to a “trust me bro” and “do your own research” and “follow the case” defense. (image below)

This response has been additionally aged in condescension barrels for at least 6 months.

Fawn’s response is par for the course.

• Insult masked by the use of “respectfully.”

• “You may want to actually review the court filings” is a nice way of insinuating the poster doesn’t know what they’re speaking of, without disputing what they said.

• Shameless self-promotion with “FOLLOW THE CASE.”

• Insult the media that challenges her narrative with “clickbait headlines.”

• Submits herself as an authority because of what she herself claims to have experienced.

And lastly, an egregious insult to everyone’s intelligence, and to Allison specifically. (image below)

When you fuck up one perfectly good vodka brand, why not just make another one?

Fawn always has plans. Cognac next year, Vodka planned. This weekend I’ll be doing a deep dive on all the trademarks they’ve applied for, so you can see the extent of the “plans” that will likely not ever see the light of day under Uncle Nearest under her stewardship. If only she had done right by Square One, Equiano, and Sorel she could have turned plans into success.

If she had actually been a competent CEO this mess never happens to begin with. She was so obsessed with “fake it until you make it” that she ended up in very deep pits of shit that she’s trying to PR her way out of now.

She shouldn’t have been CEO after year 2 or 3. She should have hired someone competent to run the business, but she didn’t. She probably couldn’t, because she’s committed to no one else telling her story, because in her words, “no one can tell my story but me.” In her dull book Love and Whiskey, it’s all about her on her journey, not Uncle Nearest’s. She even narrated the audiobook!

While a lot of people still choose to believe in her, the narrative is unraveling in front of our very eyes, and it’s getting messier, more feckless, and more infuriating to those that she’s crushed along the way.

Captain Philip speaks.

UPDATE #2 12/4-

It’s inevitable that whenever I do an update that isn’t about a court document, a court document is filed. This one is short and crisp, and it comes from America’s Favorite Receiver (TM), so let’s break it down.

• “COMES NOW”

  • This is the legal version of a cat giving you a skibbedypap for playing too much.

• “Replies are neither necessary nor permitted.”

  • The judge was pretty clear last week. Replies were not wanted. They were not necessary, at all, but she got it on her blog as a court filing so she can spin her narrative.

• “Yet that is exactly what the Weaver’s filed: the Reply, filed by the original Movants, is clearly a point-by-point reply to the Receiver’s Response.”

  • Yep, it was 26 pages of propaganda, which is why I didn’t post it up, and the Receiver is over it. He’s done playing.

In essence, the receiver has asked that the court remove the 26 pages of silliness from the court record, because it was neither necessary, nor permitted, and the Weaver’s filed it knowing that the bank could not respond to it, because wait for it, “replies are neither necessary, nor permitted.” This end around attempt was not only futile, but it is a clear example that the Weaver’s will resort to the wild swings, because they have nothing substantive to file. Every doozy is a fizzle so far.

Also, this filing by the receiver was a clear and direct message, “I am the Captain now.”

This was slightly below “Carolina Reaper” on the spicy scale.

Being cute and clever is not always a strength.

UPDATE 12/4-

Welcome back to the Asinine Theatre of the Absurd (TM). In today’s matinee, we are going to discuss a thing, yeah, it’s a thing.

Let us begin with what appears to be another example of Fawn Weaver managing to strategically outsmart herself. She has a website (no big deal, many people do) that best I can tell was registered as early as 2011, but the domain largely pointed to the Uncle Nearest page up until fairly recently, and I do mean recently. Now, it’s separate, and wouldn’t you know, there’s a link on the page called FOLLOW THE CASE. Go ahead and click the link, I’ll wait for you to finish, and I promise it’s not a Rick Roll.

Now that you’re back, let’s break down this particular page, and what it could mean. I must warn you, I’m feeling pretty snarky today with only 5 hours of sleep.

• “For most of my career, I’ve never had a page dedicated to me. I never wanted one. I’ve always preferred the spotlight to stay on my businesses, my books, and my teams — and since each already had its own website, I never saw the need for a “Fawn Weaver” site. That was until, in the blink of an eye, people I had never met began narrating my story — one they did not know and never cared to learn. That happens far too often today. In the 24-hour news cycle, few pause for proof. They rush to tear someone down, then move on to the next.”

  • Wow, I almost choked on the steaming pile of humble baron bullshit I was just force-fed while tied to a chair.

• “For me personally, I can take it. But for my family, friends, team, and even members of the press who know me well — hearing false stories has been incredibly hard. They knew the truth, and they knew I could defend myself. So why didn’t I? Why don’t I now?”

  • Personally I think terribly thin skinned people say that they can take it. People that can take it don’t usually need to advertise their resilience relentlessly.. Also, why didn’t I? Puhleeeeeze. She’s non-stop defended herself on the socials, in the comments, going after black-owned press (only black owned btw), and also the absurdist court filings.

She goes on to quote some bible stuff about Job and then of course attempts to mis-apply it to herself, you read it, I don’t need to break down the bible do I? Moving on to this bit-

• “What I learned all those years ago is this: when we are busy defending ourselves, God is often silent. I’ve often wondered — if Job had stopped debating, would his trial have ended sooner? So when this storm began — culminating in the receivership of my beloved company — I made a decision. No matter how much proof I had, I would not defend myself. I didn’t want to risk God being silent while I spoke. So I held my peace. And I continue to hold my peace.”

  • I’d like to remind you the reader, that I’ve been reporting on this since August, she’s never stopped debating. Even under a very short gag order she was still defending herself, frequently violating that gag order. The bank even referenced it in a filing. She continues to blame everyone on the planet for what’s happened because of her mismanagement (at best) and has never ever taken accountability for anything related to the receivership of her beloved company.

• “What I do know is that God is beginning to let the truth come to light. Gossip spreads fast; truth takes its time. But to make it easier for those who do care to know the truth, I’ve created this space.”

  • Foreshadowing alert. This is going to be a problem.

2022 was the most recent scrape of fawnweaver.com that the internet wayback machine recorded. Pointed right at UN.

• “Bloggers and social media “experts” will undoubtedly continue to ignore anything positive and do everything they can to paint what is neutral as negative. But for those who want to read the truth directly, I’ll upload all current filings as soon as they’re submitted to the courts — so you have access as quickly as the press.”

  • Tolstoy once wrote, “Truth is rarely sweet; it is almost invariably bitter.”

    Deep breath- Defaulting on your loan repeatedly, not paying over a 100 other creditors, destroying people’s businesses and livelihoods, treating your employees horribly, lying to and defrauding your investors repeatedly and using UN as your personal piggy bank for a luxe lifestyle for YEARS…AINT FUCKING NEUTRAL!

    Ok, that needed to be said, and I’m glad I got that out of my system. Also, thank you Angel on my shoulder.

  • Listen, I’ve clearly been cosplaying as an investigative reporter, sort of like she’s been cosplaying as a successful CEO, up to you to decide who’s doing it better. The best part of this is her unconscious acknowledgement that her ability to shape the narrative in her favor, is failing. The actual media isn’t breathlessly reporting her side, the comments in socials are having to be heavily moderated as people are asking harder and harder questions (which get deleted), and now feels the need to get going straight to the streets to show the people the “truth.”

WRAP UP-

The bottom of the page shows links to the court documents that she wants you to see. None of the responses from the bank, the receiver, or the court. Just more of her narrative shaping. Bright side for me, I’ll be using it for her filings though because I make no money on this blog whatsoever, and I’d like to not pay Pacer thirty-cents to read each new fiction.

As you probably recall I said something about a foreshadowing alert. Well, let’s tackle it. I expect that the lawyers will be picking over this and probably quickly. The receiver represents Uncle Nearest. The Weaver’s are trying to undo that with the court. This blog of hers is another example of her trying to represent herself outside of the receivership. The 26 page filing of PR junk is linked, which makes sense that she’s trying to undermine the case, the receivership, and avoid responsibility for anything, and feed chum to the minions.

Also, what employee of what company is having to post this stuff?

The receiver already has an unbearable situation, trying to run a failing business, pay off debts, and manage a failed CEO who never tires of stepping on rakes. I hope that dude doesn’t get socks, a tie clip, or soap on a rope for Christmas.

Unicorn Cat is attempting to re-write history.

UPDATE #3 12/2.

Welp, we have another update. The Weaver’s as 2/3 of the Board of Directors, have filed a TWENTY-SIX page motion in support of lifting the receivership blocking litigation. It’s a cute end around, but unlikely to work.

Folks, I want to be clear here, I’m not going to post a breakdown of the entire 26 pages of gobbledygook that is clearly written so that it can be spread across social media. It’s nonsense. I’ll give a quick breakdown because it’s filed, but no just no.

I won’t reprint propaganda that is full of CatGPT nonsense, obfuscations, delays, and a clear attempt to manage the PR aspect of the case. If the Judge acknowledges any of the pages as notable, I will do an update on them. I won’t hold my breath.

• Twenty-Six pages. If you really want to read it, send me an email and I’ll send it your way, if you already have my phone number, you can text me too.

• The Weaver’s keep bringing up that the businesses aren’t insolvent. Well, if that was true, why is the bank pumping money into it during the receivership so that the lights remain on, and Fawn can keep traveling to sign bottles? Since the receivership, the bank has put at least $2.5 million into the business, adding to the insane unpaid debt. The claim that the bank is only paying the cost of the receivership is cute. Remember, they laid off a bunch of employees, owe huge amounts of debt to other creditors, and have distillery employees picking weeds.

• The Weaver’s claim that their lawyers bailed out just before the receivership hearing. When you owe lawyers money, and they realize they’re never getting paid, they tend to ghost you eventually. Perhaps at inconvenient times. Crying “No Fair” isn’t a legal defense, no matter how badly one wants it to be.

• They’re still trying to blame Senzaki for EVERYTHING and still trying to bring his sex life into the courts. Disgusting. Also, they say that Senzaki admitted to significant fraud, which is one hell of an accusation, and if it were true, that man would be in custody. He’s not, so draw your own conclusions about the truth of their claim.

• They still don’t wanna lose that Martha’s Vineyard house.

• They mention a worry about the investors losing out if there’s a sale, please. The investors have already lost. Their only remedy will be to sue Grant Sidney, the board of directors, First Dominion, etc.. to recover anything at all. I have a feeling the Weaver’s are claiming care for the investors is probably about protecting themselves after this bank matter is over. They probably think there are sharks circling.

• They know they’re about to lose an awful lot of toys.

• They’re playing cute in asking a limited removal of the stay of litigation so that THEY can sue the bank. They want the stay to remain in place so other creditors can’t sue them. I shit you not.

• They claim that “proprietary” information about how they price their bottles will somehow allow their competitors to benefit. I’ll break it down- Uncle Nearest is overpriced for every single product they make, and at least one of them was fraudulent in the labeling, marketing, and pricing. The proprietary angle is nonsense. It’s whiskey. Lots of people make it. Everyone that does, knows the game.

• Ultimately, they really wanna sue that bank. It’s their clearest shot at saving face publicly if they can defame the bank, blame Senzaki, and draw in a new batch of sucker investors.

Lawyer cat is better than CatGPT.

UPDATE #2 12/2-

My dad once told me that if I ever got into a fight, don’t swing wildly, and don’t throw haymakers. Short and crisp is what he showed me. I wonder if Farm Credit lawyers knew my dad. Anyway, the Farm Credit filing is in, and it’s short and crisp. After this we will be waiting for the Judge to make his ruling.

• “FCMA believes the Emergency Motion and any hearing with respect thereto are unnecessary. The Movants did not contact FCMA regarding the requests in the Emergency Motion before its filing and FCMA has not opposed permitting the Movants to file responsive pleadings to the Complaint, but defers to the Receiver as to the continued need for the Court’s stay and the appropriate timing for litigation in this proceeding.3 To the extent this Court finds establishing an answer deadline is appropriate at any time, FCMA requests that the deadlines for filing such pleadings and other litigation milestones be the same for the Movants and Uncle Nearest. Otherwise, the Receiver (on behalf of Uncle Nearest), the Movants, and FCMA would be forced to work on multiple litigation tracks, needlessly draining further time and resources of all parties.”

  • This is such a stealthy middle finger to the movants. Not only did the receiver say it was unnecessary, but he laid out the case as to why it was dumb. The Farm Credit lawyers smartly stepped back gently, and let the receiver response pretty much speak for them.

• “The parties agreed to defer the answer date to a date as yet to be determined 1. In August, shortly after the hearing on the Receivership Motion, FCMA informally agreed to extend the Defendants’ answer date to the Complaint in exchange for the Defendants’ waiver of service of the summons and the Complaint. This agreement was memorialized in writing in the Joint Stipulation Waiving Service of Summons (the “Stipulation”),4 executed by the Weavers’ and other Defendants’ immediately prior counsel (Adams and Reese LLP) and FCMA’s counsel. The Stipulation provides that “[t]he deadline for the Defendants to answer the Complaint will be a date determined by the Parties by mutual agreement in writing and without further order of this Court.”5 FCMA has never asserted the Weavers or the other Defendants cannot file responsive pleadings in this case.6”

  • The bank agreed. The Weaver’s agreed. LLC’s we don’t know about probably agreed. Even Sasquatch agreed.

• “FCMA agrees with the four points raised in the Receiver’s response to the Emergency Motion explaining how unnecessary litigation would negatively impact the Receivership Estate.”

• “FCMA does not believe that Uncle Nearest holds any valid counterclaims against FCMA. FCMA reserves all rights and defenses with respect to any potential counterclaims”

  • Notice the use of the word VALID here. They correctly assume that the Weaver’s will throw some nonsensical haymakers at them, but nothing valid, short, or crisp.

• “Movants’ counsel did not confer with FCMA’s counsel regarding filing responsive pleadings, but FCMA remains willing to confer with the Receiver and the Movants. 2. The Court granted the Weaver’s Motion to Substitute Attorney on October 23, 2025, officially instating Michael Collins as the Weavers’ current counsel.7 To date, over a month later, the Weavers’ current counsel has not contacted FCMA to discuss the case, including setting an answer date. FCMA has no issue—subject to the Receiver’s opinion on the matter—with the Weavers filing a responsive pleading (or Grant Sidney filing another pleading to the extent permissible) and would have promptly conveyed that position to Defendants upon inquiry.”

  • A commenter on one of the various pro-Fawn social media posts mentioned that they were sure the Weaver’s had TOP lawyers on the case, and while I’m sure Michael Collins is not an actual idiot, I’ve yet to be impressed.

Farm Credit attorneys after they filed, probably.

• “As reflected by the Stipulation, FCMA and its counsel have been, and remain, committed to cooperating in a professional manner with all parties and their advisors. FCMA does not believe any hearing on this issue is necessary. Over the course of the workout of the lending relationship with Uncle Nearest, FCMA and its counsel have consistently worked to have an open and cooperative dialogue with Uncle Nearest and the Weavers through four changes of counsel and two financial advisors.8 Counsel for FCMA, the Receiver, and the Movants could have (and still can) reach a resolution regarding responsive pleadings that is agreeable to all parties and that is the least disruptive to the Receiver’s exercise of his duties to Uncle Nearest and its stakeholders. The same professional, direct communication remains available, and an emergency hearing will result in unnecessary time and expense for all, especially for the Receiver and Uncle Nearest.”

  • Say it with me folks- FOUR CHANGES OF COUNSEL. Now say, TWO FINANCIAL ADVISERS. Now say, “We’re they paid?”

• “Mr. Collins has also entered a purported appearance for Defendants Uncle Nearest, Inc., Nearest Green Distillery, Inc., and Uncle Nearest Real Estate Holdings, LLC. Dkt. No. 84. This appears to be in violation of the Court’s Receivership Order exclusively vesting the Receiver with control of these defendants.”

  • The bank correctly calls this out as improper. Uncle Nearest’s sole representative is the Receiver. End. They put it nicer than that, and allow the judge to do the hammer slammer thing that judges do when they’re irked. Can we please get a “SO IRKED” in the judges order?

• “In the Emergency Motion, the Movants assert that their prior counsel at the time the Receivership was filed could not clear conflicts due to work for FCMA or FCMA-related entities, and that other potential counsel was similarly conflicted. To FCMA’s knowledge, only one law firm engaged by Uncle Nearest requested a conflict waiver from FCMA, which FCMA quickly granted. Otherwise, FCMA has never received any conflict waiver requests relating to Uncle Nearest or the Weavers. FCMA has engaged only one law firm identified by Uncle Nearest or the Weavers as their counsel for regulatory advisory services, which concluded in 2015.”

  • Conflicted - could mean “we are tired of doing this for no pay. Bye.”

• “If the Movants are permitted to file responsive pleadings, the Movants, the remaining Defendants, and other parties in interest should have the same responsive pleading deadline. 4. FCMA remains willing to work with the Movants and the Receiver (on behalf of Uncle Nearest) to agree on a deadline for the Movants’ and Uncle Nearest’s responsive pleadings and other litigation matters and believes that the Receiver is best suited to know when that would be appropriate. However, to the extent the Court sets such deadlines, FCMA requests that the responsive pleading filing deadline (and all other dates) should be uniform across the Movants, Uncle Nearest, and any other parties-in-interest.”

  • Kinda sounds like “yep, group them all together, no more delays, let’s party.”

• “FCMA defers to the Receiver’s judgment with respect to the Receivership Assets, including any potential transaction process.

  5. This Court found that appointment of the Receiver was “in the best interests of the receivership estate and its stakeholders” and, among other things, charged him with all the powers of officers and directors of Uncle Nearest and the Subject Entities.9 The Receiver and his team have spent three months analyzing the Receivership Assets and the next steps needed to address the claims of Uncle Nearest’s creditors.10 As such, FCMA understands that the Receiver and his professionals are best suited to determine the optimal path forward for Uncle Nearest and all stakeholders.”

  • Deferring to the one person that might actually know what is going on with these companies, the books, the value, the non-bank debts unpaid (since 2024 at least), seems like a prudent move.

• “Uncle Nearest’s significant obligation to FCMA remains outstanding and increases every day. Additionally, FCMA continues to inject funds into the Receivership to provide the Receiver with working capital. Dkt. No. 83, at 2. Despite Movants’ assertion that their need to assert counterclaims (described by the Receiver in his response to the Emergency Motion as “dubious”) constitutes an emergency, FCMA believes that the Receivership Estate’s most-urgent need is the continued stabilization of operations and the prompt resolution of creditor claims.”

  • They quoted the dubious line. One of my favorite in the receivers previous filing. Note that the bank continues to reference creditors other than themselves. Over 100. Remember that. It wasn’t just a bank loan that wasn’t paid. It was small businesses with mom and pops depending on money that was never paid, it was medium businesses that hold substantial claims against UN. It was the big dawgs that too, but the Weaver’s narrative that the bank is doing some poopy pants attempt to steal their business is indeed DUBIOUS.

Keith Cat sung like a canary. I can’t imagine it would be any different with a new hearing.

And now for the proverbial nail in the coffin.

• “With respect to the Movants’ statements regarding the validity of FCMA’s debt, there has been no dispute FCMA’sclaim is valid. At the hearing on the Receivership Motion, Mr. Weaver acknowledged (i) that nearly $110 million in loans made by FCMA to Uncle Nearest were due and owing as of that day and (ii) that Uncle Nearest was in default under its loan agreements with FCMA. Dkt. No. 30 at 73-74.”

  • Keep in mind that the loan had been defaulted on several times, this entire thing came about because the recently negotiated Forbearance agreement was ALSO in default. Keith, who was sent to court room slaughter while Fawn was signing bottles somewhere, told the truth in court (the man is probably not a fool) and the bank just showed the receipt.

• “Further, the assertion that Defendants had no advance notice of FCMA’s filing of the Complaint or seeking a receiver is simply not true. FCMA communicated many times prior to the filing of the Complaint that, if the Defendants could not comply with the Forbearance Agreement or otherwise give requested information, it may seek appointment of a receiver. FCMA has continued to reserve its rights throughout this process and, as reflected in Exhibit 19 to the Complaint, as early as November 5, 2024, FCMA asserted in writing it may “[seek] appointment of a receiver to protect the Lender’s interest in the Collateral.”

  • What is something banks are very good at keeping? Receipts. The Weaver’s even said that the bank kept threatening them with a good time.

WRAP UP-

• A professional response, no nonsense, brought the receipts, and took a shot or two. The Weaver’s think they can have a lawyer represent them as Uncle Nearest, but that ship has sailed. The receiver represents Uncle Nearest, by court order, and it seems as if only he can initiate legal action as necessary.

• Something I continue to think about, Mike Senzaki. That man has not been arrested, he has not been subpoenaed, hell we don’t even know if there is any law enforcement activity around him or not. The Weaver’s and their social media minions continue to make the point that Senzaki did this all somehow, lone wolf style with zero oversight. If that was true, why is he not facing the music? I mean, his day will probably come, and he’ll make a fascinating witness for someone, but the Receiver has not initiated anything that we are aware of.

• Remember that independent investigation that would shed the light on everything? Crickets.

• The trademark for #THEPEOPLESCEO has been abandoned like so many other things left in their wake.

Allow me to introduce you to the probable name for Cognac in 2026 if the company is still around.

UPDATE 12/2-

Today should be a big day with court filings, but in the meantime I wanted to touch on something I spoke about yesterday, Cognac. I had mentioned that the Cognac would likely not be released under the Uncle Nearest umbrella, and would probably be pushed out under Grant Sidney somehow. This remains to be seen, but note that the Weaver’s filed for so many trademarks under Uncle Nearest Inc. (most of them now abandoned), who really knows how this will play out?

Let’s talk about some of the names, and whether they’re active or not and who owns the TM.

• Couer De Louve (roughly translated as “Heart of the She-Wolf”). Abandoned - UN.

• Domaine De Anatole (Antatole’s Domain). Abandoned - UN.

• Cognac De Louve (She-wolf Cognac). Abandoned - UN.

• Heritage De Louve (Heritage of the She-Wolf). Abandoned - UN.

• Cognac Anatole. Abandoned - UN.

• Maison Du Chevalier (Knights House). Abandoned - UN.

• Cognac De Anatole. Abandoned - UN.

Now here’s where it gets interesting. There are several pending TM applications, and one of them we will discuss a bit.

• Anatole. PENDING - UN (filed 2/25).

• Pierre Neptune. PENDING - UN (filed 6/25). If Uncle Nearest Inc. releases a Cognac, I’d bet on this one being the name.

  • Now why is Pierre Neptune worthy of discussion? By reading that, you kinda asked, so here we go. Pierre Neptune is another one of those historic figures that has a murky, and disputed history related to spirits production. Keep in mind that black history has been under-documented at best, so it could be true, we just don’t know conclusively. So what is that history? Well, it is claimed that Pierre was a black master distiller and was the original force behind the techniques and blending that made Hennessy famous. Cognac. Born around 1730 in Haiti, brought (brought is a word) to France, taught distillation and brandy making, and he worked in the Cognac region. It’s claimed that Pierre’s contributions were wiped clean and never given the proper credit to the foundation of Hennessy. Hennessy as you might know was founded in 1765. Now why does this all sound so familiar?

Now, Grant Sidney, also has a Cognac TM in the bag….

• Narmer. This is an active TM that was just extended in August. If Grant Sidney releases a Cognac, this is my bet for the name. Remember, KING Narmer was an Egyptian who was a beer maker. The “NARMER” TM that’s active is for Cognac, not beer.

Notice of appearance, making it official that the Weaver’s have counsel. Procedural move. I wonder if they’ll get paid.

UPDATE #2 for 12/1-

Another quick one. Notice of appearance filed today (see above). Procedural move by the Weaver’s attorneys to ensure that they are on record as counsel and that documents are now delivered to them without having to ask.

Yes, I’m hoping the response is uploaded soon, but they’ll probably do that while I’m watching a movie….

One can try to walk away from the past, but it will always follow into your future if you don’t make it right.

UPDATE 12/1-

Welcome to December everyone, and just a couple of quick hits before the storm of filings from Farm Credit today….

• As predicted, the lawyers from the bank will have waited until the deadline to file, once again outmaneuvering the WeaverGPT legal team.

• I have a screen grab (see image below) of a commenter asking when the Cognac will be released, not the cognac finish (ugly label btw), but the actual Cognac. And what was Fawn’s response? As predicted (I wish I could predict who would win the SuperBowl, or the stock market so accurately) the Cognac will be coming next year, and it will not be Uncle Nearest branded. It will be fascinating to see if this will be a brand that’s under the Grant Sidney umbrella (prediction- yes). If this is so, and my prediction comes true, this could be a big F-U to the investors if any of the UN employees spent even an hour on the brand development of the Cognac for another Weaver entity. Also, that F-U could be folded into an investor lawsuit should they file one (prediction-yes).

• A reminder that the bank lawsuit is only the first seismic event in what is shaping up to be a long period of legal earthquakes for the Weaver’s. There are many other creditors. Remember, Oracle? Remember TDG? Pepperidge Farm remembers.

Second Rose? I’ll bet the Fourth Rose might have something to say about that.

This is an uh-oh moment.

UPDATE 11/26-

No rest for the wicked or something like that. We have not one but TWO filings today, and they’re from the Receiver, who was not required to respond to the Weaver’s motion. Recall that Grant Sidney filed the motion, because they are not included yet, so they weren’t prevented from the filing. Cute move, Judge won’t like it, receiver certainly didn’t. Grab a glass of milk, you’ll need it with all the spiciness. We’ll start with the short one at the top, and then dive into the hot stuff later on.

• “In the Court’s Order, this Court directed the Receiver to “submit brief reports stating which obligations under the Agreed Order have been completed and which remain outstanding” every thirty days. As of the date of this Report, Uncle Nearest Real Estate Holdings LLC, Shelbyville Barrel House BBQ LLC, Humble Baron, Inc., Grant Sidney, Inc., Uncle Nearest Spurs VI, LLC, Quill and Cask Owner, LLC, Nashwood, Inc., Classic Hops Brewing Co., Shelbyville Grand, LLC, Weaver Interwoven Family Foundation, and 4 Park Street LLC (collectively, the “Non-Party Respondents”) have each submitted to the Receiver two (2) years of bank account statements, to the extent those entities maintained bank accounts.”

  • Siri, what does incompetent mean? It means “to the extent those entities maintained bank accounts.” We know they couldn’t do their taxes correctly, couldn’t pay their bills on time to practically anyone, were cash poor, opened new credit cards, didn’t always make payroll, siphoned tips, failed to maintain business licenses, and so many other things, why would we be surprised that they didn’t maintain proper bank account records?

• “Based upon the transfers noted in the produced bank account statements, on November 19, 2025, the Receiver requested an additional three (3) years of bank account statements for seven (7) of the Non-Party Respondents: Shelbyville Barrel House BBQ LLC, Humble Baron, Inc., Grant Sidney, Inc., Quill and Cask Owner, LLC, Nashwood, Inc., Classic Hops Brewing Co., and Shelbyville Grand, LLC. These additional bank statements are due to be produced to the Receiver on December 1, 2025.”

  • This is potentially a very big deal. They were only asking for 2 years of records, and if they were fishy, the receiver could request 3 additional years. This now takes us to 2020 more or less. Don’t discount how innocuous this looks, that he asked for those from SEVEN of the Tentities (TM), well, it’s going to show some things, and he found a way to include the “missing records” prior to 2024 into the court record.

• “The Receiver did not receive check copies, wire transfer details, or credit details for six (6) of the accounts. When the Receiver requested this additional information for these six (6) accounts, the Non-Party Respondents, through counsel, responded that those documents were not “included with the bank statements or otherwise readily available” as provided in the terms of the Agreed Order Staying Proceedings Related to Receiver’s Motion for Clarification and Establishing Schedule Regarding Further Proceedings.”

  • I think we can all understand why the bank filed suit by now. The Weaver’s apparently just do what they want how they want, and expect people to just bow to their audacious nonsense. The court could have ordered it, but this was an agreed upon thing by ALL parties. And they still haven’t turned it over. To call the Weaver’s motion farcical at this point is an affront to the word itself.

• “As a solution to this issue, the Non-Party Respondents have agreed to provide further explanations for any transfers identified by the Receiver as questionable; the Receiver and his financial consultants are working to compile that list of questionable transfers. The Receiver will notify this Court once all requirements of the Agreed Order Staying Proceedings Related to Receiver’s Motion for Clarification and Establishing Schedule Regarding Further Proceedings have been met.”

  • Note here that the receiver has identified “questionable” transfers, and that a list, a LIST needs to be compiled. This is why he asked for the three years of records, and folks, this is another one of those pay attention kind of moments.

This is a stylized version of what it might have looked like during the creation of the brief you’re about to read.

Ok, document one was pretty straightforward. Essentially, you agreed to do this, you haven’t done this, now we told on you, so you better pony up the documents requested by 12/1 or the judge will be big mad. Document two, is what’s called a “doozy” in the legal profession. Let’s devour this spicy dish that’s being served up cold. Remember, the receiver did NOT have to respond, the judge said he didn’t, but here he is, the day before Thanksgiving, dropping bombs.

UPDATE #2-

• “The Receiver is opposed to the relief sought in the Motion. In fact, in a telephone conversation with the Movants’ counsel on November 21, 2025, the Receiver asked Movants’ counsel not to file this Motion and the Receiver explained the negative ramifications that he believed would come therefrom. In spite of the Receiver’s wishes, the Movants filed the Motion on November 24, 2025.”

  • Why would the Weaver’s start listening to literally anyone after all this time? They were told there was a rake in front of them, and they said, “OH LETS GO STEP ON IT.”

• “The Receiver opposes the relief sought in the Motion for four (4) primary reasons. First and foremost, the Receiver believes that the litigation anticipated by the Movants would be extremely disruptive and damaging to the ongoing business of the Receivership Entities.”

  • I mean, this makes an awful lot of sense. It’ll make a lot more sense shortly.

• “For most of the last month, there has been very little litigation and very little negative press coverage of the Receivership Entities’ business. This has allowed the Receiver and the employees of the Receivership Entities to focus on maintaining brand value, and seems to have given the vendors and creditors of the Receivership Entities more confidence in the possibility of a successful reorganization of this business.”

  • He’s probably right here. As one of the most negative of the press corps, I prefer critical and opinionated by the way, when there are no new tips, or things to report, I have to spend my time going through public records trying to discover more LLC’s and trademarks.

• “The Receiver has noticed that, when litigation is brought to this Court and/or press coverage of this case increases, so do his communications from creditors, vendors, and shareholders expressing concern over the future of this business.2 This is a critical juncture in this case and the future of this business; neither the Receiver nor the Receivership Entities’ employees (including Fawn and Keith Weaver) can afford the distractions that accompany contentious litigation and negative press.”

  • Listen a part of me wants more litigation, because we have the stooges representing the Weaver’s and you never know what boffo goofiness they’ll say in filings, but frankly speaking, I want this to wrap up for the sake of the employees and the shareholders. Also, UN cannot afford it, because they’re broke. The interest on the debt is like $26 grand a day. A DAY. This isn’t even operating expenses. INTEREST. The days of UN being the piggy bank for the whims of the Weaver’s is over.

• “Further to the point of avoiding business disruptions, this receivership is currently dependent upon the financial support of the Receivership Entities’ largest secured creditor, who appears to be the target of the Motion.3 While the Receiver will not hesitate to bring any valid action that the Receivership Entities might have against any party, this is not the time for litigation. The Receiver and his staff of professionals are working tirelessly to balance this business’ budget, assess its debts, assess its assets and the value thereof, and try to maximize that value for creditors and shareholders.”

  • The bank is paying to keep the lights on, no matter how much Fawn claims this business is a success. This is what a CEO does. Runs the business. Protects the investments, and the value of the brand.

I mean, this could save the company.

• “It would be imprudent for the Receiver (who is trying to maximize the secured creditor’s recovery) and the secured creditor (who wants the Receiver to maximize its recovery) to litigate claims against one another in federal court at this time.”

  • Senzaki can probably attest that having to do imprudent things on behalf of the Weaver’s is par for the course.

• “Second, and somewhat related to the business disruption concern, is the Receiver’s concern that granting this Motion will force him, on behalf of the receivership estate, to immediately investigate Movants’ counterclaims and take some position on them. After all, if the Movants have counterclaims, they are likely derivative of (or at least intertwined with) claims that the Receivership Entities likewise have. As noted above, the Receiver intends to investigate all causes of action against any parties – whether insiders, former employees, or creditors. However, now is not the appropriate time for that investigation. The Receiver and his professionals are trying to maintain and maximize value in a very challenging market for spirits; they should not be forced to investigate and pursue claims at this time. If the Court grants the Motion, however, it puts the Receiver in an untenable position; he must either immediately investigate the Movants’ claims and participate in the litigation, or face being estopped by the outcome of the Movants’ pursuit of those claims without the Receiver’s input.”

  • The Weaver’s would love to disrupt the receivership, this is a feature of the motion, not a bug. It’s deliberate, obvious, and vulgar. The judge will probably strike this down quickly.

• “Third, if the Movants are granted relief from this Court’s stay of litigation, other parties will likely seek the same relief. The Receiver has received scores of litigation threats from creditors and shareholders (including several since the filing of this Motion). The Receiver has been able to hold these threats at bay in part because of the stay provided in this Court’s Receivership Order. If that stay is lifted for the Movants, the Receiver expects creditors and shareholders to follow suit. He will then be spending time and resources not on maintaining the value of these businesses, but rather litigating with its creditors and shareholders. This would defeat the entire purpose of this receivership and the stay implemented by this Court.”

  • Not one or two, but SCORES. I have a list of them, there are over 100. The bank lawsuit was only ever the first shot in a long war. There will be lawsuits, and there will be other court things that are outside of this case…..

• “Finally, the Receiver opposes this relief for a very simple reason: based on his preliminary investigation, he sees no valid counterclaim against the secured creditor that would significantly reduce or eliminate any debts, as the Movants claim in their Motion. The Receiver has had multiple conversations with the Movants about this subject and, while there were certainly abnormalities associated with this loan, he has yet to uncover any information that he believes would invalidate it. This preliminary conclusion could be wrong, of course; and the Receiver remains committed to a full investigation at the time that he conducts a comprehensive forensic investigation into all of the Receivership Entities’ financial transactions.”

  • The Weaver’s think they have doozies, and the Receiver thinks they don’t. I’m inclined to trust the Receiver on this one, as there hasn’t been a single doozy filed by the Weaver’s yet.

• “If the Receiver concludes that there is a valid claim against the secured lender or any other party, he will vigorously pursue it. But there is no reason for doing so on an emergency basis at this time. A monetary judgment could be obtained, and collected, from the secured creditor if this Court ultimately finds that the receivership entities and/or the Movants have valid claims against it. Alternatively, the Court could direct the Receiver to hold in escrow any funds from the refinancing of debt or sale of assets that might otherwise be paid to the secured lender, pending a further determination of this matter. In other words, there is no emergency here.”

  • This receiver is shredding the Weaver’s motion probably with this paragraph right here being the final run through the wood chipper. THERE IS NO EMERGENCY HERE.

Ma’am, there is no emergency here. Take the kitten out of the tree.

• “In summary, neither the Receiver nor the Movants should be focused on investigating and pursuing litigation claims against the secured creditor or any other party, especially where such claims are dubious. Both the Receiver and the Movants should be entirely focused on maximizing the value of the Receivership Entities’ business. Any distraction from this central purpose is potentially a fatal one for these Receivership Entities.”

  • Dubious, a word that is a polite way to say “this fucking nonsensical bullshit.”

• “While not the central focus of the Motion, the Receiver feels it necessary to also respond to the allegation in the Motion that the Receiver “is moving beyond the status quo but is moving toward a potential permanent disposition of the Defendant’s [sp] assets.” Movants make a number of faulty assumptions in support of this claim that should be corrected. First, the Receiver is not solely seeking to sell assets. As the Movants and their counsel know, he has asked his professionals to seek out both debt refinancing and asset sale options. This is a necessary course of action.”

  • Remember folks, he laid this out awhile ago. This was only a shock to people that didn’t read the filings, aka Fawn.

• “This receivership should not, and indeed cannot, extend into perpetuity; every month that this litigation remains pending threatens the ongoing value of the Receivership Entities and their brand. This receivership needs to move toward an efficient resolution and one that maximizes value for creditors and shareholders.”

  • Ahem, sale of junk assets, and sale of the company is absolutely on the table. He said it already, I suppose he’ll have to say it again, a few more times.

• “While that conclusion might be an asset sale, it might also be through a refinancing of the Receivership Entities’ debts. The Receiver is very early in the process of seeking refinancing and/or asset sale partners so he cannot say which course will ultimately yield the best result. Regardless, the Receiver will bring a motion before this Court prior to taking any action to refinance debt or sell assets; so the Movants will certainly have an opportunity to be heard at that time.”

  • Yes, his job is to explore all options, and report back to the court as to what’s best for everyone not named Fawn. When the time comes and an option has been chosen, and it’s presented to the court, and the Weaver’s get to respond, you will hear howls that rival those when Sherman marched to the sea.

• “Second, the Movants imply that the Receiver has conducted a valuation that shows it is capable of refinancing the debt. That implication is incorrect. As should be evident from the Receiver’s October 1, 2025, Report, his statements about the viability of the Receivership Entities were preliminary and did not necessarily assume that the same ownership and management structure would continue.”

  • Currently our unscientific valuation range is $35-45 million. I have the over on $40, but I’m generous that way. The Weaver’s likely know that if the true value of the company is not $1.1 billion, there will be a loss of face, and massive waves of questions about where all that investor and bank money actually went. Trademarks for the PeoplesCEO aren’t that expensive. Also, he foreshadowed with regards to ownership and management structure.

• “The Receiver remains confident in the ability of these entities to successfully reorganize and in the viability of the Uncle Nearest brand; however, as noted above, he has yet to form an opinion regarding whether the value of these entities is maximized by refinancing debts within the current business structure, or through a sale of the business as a going concern. He is seeking both options from the market with hopes to bring those options to this Court for approval.”

  • Nothing ruled out here. All options on the table. Nothing is certain until they can properly value the company, assess the assets, clarify the debts, etc..

• “Finally, the Receiver is greatly concerned by the following statement in the Motion: “The Movants are further aware that several competitors in the spirits industry have already engaged with the investment banker retained by the Receiver and have sought, or are seeking, access to the data room containing confidential and competitively sensitive information . . . .”

  • Wonder where they heard that?

• “The Receiver has gone to great lengths to ensure the confidentiality of the entire process of seeking debt refinancing and/or asset sales. Each party has been asked to sign a non-disclosure agreement prior to receiving even preliminary information about these Receivership Entities.4 The Receiver has instructed his investment bankers to keep even the names of interested parties confidential – to the point that even the Receivers’ other consultants and the secured lender do not know the names of parties who have expressed interest. If the Movants know the names of competitors who have had discussions with the Receiver’s professionals (rather than merely speculating that such discussions might be occurring), they should be ordered to divulge the source of that information to the Receiver so that he can remedy any confidentiality breaches immediately.”

  • Other than it being Diageo, and/or Bacardi, which is fairly well known to be interested, I too would love to see who else is looking to buy. Here, the receiver is calling the Weaver’s bluff. In essence, he’s saying SHOW ME, or SHUT UP.

Lots of cats at the table….. who will take it all? Won’t be me.

• “In conclusion, the Receiver is troubled by these attempts by the Movants to distract from or, worse yet, completely derail the primary focus of this receivership: maximizing the value of the Receivership Entities for creditors and shareholders. For the Receiver, it draws into question whether the Movants are acting in the best interest of the company. If there are claims to pursue, the Receiver will absolutely pursue them at the appropriate time. But granting the Movants stay relief to pursue these alleged claims right now, when all parties’ focus should be maintaining the value of this business, would be imprudent in the Receiver’s opinion. Therefore, the Receiver respectfully requests that this Court deny the Motion.”

  • This is one hell of a concluding statement. The receiver has laid it out for all to see. He’s questioning the actual motives of the Weaver’s, not their competence. He’s plainly stating that the Weaver’s are now in some form of active rebellion, and are likely intending to harm the receivership either through distraction, or sabotage. All that we’ve learned over time is that the Weaver’s don’t want anyone to look behind the curtain, anyone at all full stop. They don’t want anyone meddling in the grift. Ultimately I’m impressed with the quality of the argument against the motion, and how he took some measured, and calculated shots at the Movants (TM). I said awhile back that the gloves were off, well now everyone is holding brass knuckles. Monday at the office should be beyond frosty.

I’m guessing that with this filing, the bank could be right behind jumping on this powerful response, but I still expect them to file the last day, 12/2. Hopefully we get a day or so of peace and quiet. Happy Thanksgiving everyone!

Judge Cat doesn’t have time to play. Judge Cat has Judge Cat business to attend to. Clock is ticking.

UPDATE 11/26-

Today will be brief, get it? Legal joke? Brief. In my last update I said to expect a quick response even with the Thanksgiving week happening, and the Judge worked quick and issued an order. It’s brief, so you can get on with your day. I promise.

• “Defendant Fawn Weaver, Defendant Keith Weaver, and Non-Party Respondent Grant Sidney, Inc. have filed an “Emergency Motion for Limited Relief from the Receivership Stay to File Responsive Pleadings and Proceed to Judgment” requesting the Court “lift the Receivership Stay for the limited purpose of allowing the Defendants and their related entities to answer, assert defenses, assert counterclaims and file such other ancillary documents as necessary to progress this case towards and trial and judgment” To facilitate the prompt resolution of this Motion, Plaintiff Farm Credit Mid-America, PCA and Defendants Uncle Nearest, Inc., Nearest Green Distillery, Inc., and Uncle Nearest Real Estate Holdings, LLC are hereby ORDERED to respond to the Motion on or before December 2, 2025.”

  • This is a pretty straightforward order for everyone to get their shit together and QUICKLY. This order was issued on 11/25, so taking into account that just about most of the United States is well into preparing for Thanksgiving, and black Friday, it kind of gives everyone TWO WHOLE WHOPPING BUSINESS DAYS to get their responses filed. I’m guessing the bank will drop at the deadline so that the Weaver’s don’t get a look at their playbook so they can run it through LawGPT (TM) and file their response. NOTE- the bold type for the date, and the all caps bolded ORDERED, were in the court order. .

• “The Receiver may also file a response by this date, but he is not required to do so. Replies are neither necessary nor permitted.”

  • This is the judge saying, don’t come back to court with nonsense about this court order. Also, side note, I cannot wait for the next receiver report. I’ll bet the relationship at the UN Compound is a bit on the frosty side. Can we get a “so ordered?”

• “SO ORDERED.”

I’m grateful to all the folks that have reached out over the many months to share their stories, for without them, this update page wouldn’t have meaning. I hope everyone in the US has a happy Thanksgiving.

So brief, I added a picture of it.

Lil’ Doozies, it’s a place where one goes when the doozies are little.

UPDATE 11/24-

Welcome back everyone, wasn’t it blissfully peaceful there for awhile? Well, we got a filing from the Weaver’s, and it’s a very minor doozy, heavily seasoned with “woe is me.” We have a few quick hits before we dive into the filing, so, you got a glass of something? The Chrysler is gassed up, so let’s drive.

QUICK HITS-

• There are some ABC stores that are refusing to reorder Uncle Nearest. No I can’t say which ones, or where, or why. But they are. It’s not a lot, but it is something to keep an eye on.

• Fawn is in New Orleans, and she ate at Brennan’s. Folks, Brennan’s is fine, but when you visit NOLA, please don’t go there. There’s much, much better food to be had.

• Diageo is sniffing around Uncle Nearest. Lots of polo’s and dockers walking the grounds….

• Could UN release Cognac (sourced of course) in 2026? Possible, and there are rumblings of a deal being explored. Will it be UN branded or will it possibly be a post sale Grant Sidney release? Time will tell. I’ve got $1.54 to bet that when the whiskey brand is sold, Fawn will come back with a Cognac brand, any takers on that bet?

Longest running movie in history probably.

The Weaver’s filed a motion, and well, it’s something anyway. I won’t go over the entire document, because it is heavy on 4th grade legalese. Here’s the breakdown, and just in case you forgot, my thoughts and opinions are italicized.

I’m not alleging that this legal filing was AI generated, but I’m open to the idea that it possibly was.

The Weavers are asking the court to lift the receivership litigation stay only for the limited purpose of letting them file their answers to Farm Credit’s Complaint, assert defenses, file counterclaims, and let the case move forward to judgment. Essentially they want to fight the lawsuit, which they assert that they currently cannot do because the receivership froze all litigation activity.

COURT FILING-

• “Consequently, the receivership has proceeded with respect to a mere claim of Farm Credit for which no answer or responsive pleadings have yet been filed, no trial has yet been held, and no judgment has yet been rendered. Since the underlying claims of Farm Credit need to be adjudicated, the Weavers seek relief from the receivership stay in order for them, and the rest of the Defendants, to answer the Complaint and assert applicable defenses and counterclaims.”

  • Can you imagine the Weaver’s suing the bank? Their defense has been softer than the Bengals this season, and we imagine that any legal offense will probably look like the Raiders. Also, I think a bank filing a lawsuit is more than a “mere claim” but I’m just a blogger cat, what the hell do I know?

• “While Farm Credit had significant time to prepare for the hearing prior to the filing of the Receivership Motion, the Defendants had significantly less time to investigate and prepare their defenses to the Receivership Motion because they had no advance notice of the filing. That shortened preparation time along with the Court’s limitation on the amount of time allocated for hearing, made it very difficult for the Defendants to fully address the key issues relating to the Receivership.”

  • I seem to recall the Weaver’s alleging that the bank was always threatening to sue them, so if they were actually surprised by them actually doing it, then that’s on them. Crying “No FAIR!” isn’t a good legal ground to stand on. It’s more likely that the Weaver’s thought they bullshitted their way out of it so many times that they might not have thought the bank would finally have their fill of nonsense and sue. Also, perhaps the CEO should have taken it more seriously from jump, and not sent Keith into court armed with not much other than the shirt he was wearing. Fawn was busy signing bottles and couldn’t make it. Oopsie.

• “Prior to the filing of the Complaint, Defendants were represented by outside counsel in connection with Farm Credit’s allegations and were actively engaged in good-faith efforts to resolve the matter through both the forbearance process and ongoing negotiations the Defendants were blindsided by the receivership filing.”

  • We know this because Fawn keeps saying it, but the facts were, there was a forbearance agreement and they missed the payment after that had been concluded. The negotiations weren’t being taken seriously by the bank, because they were being “negotiated” to taking a pretty sizable loss on the debt owed. The Weaver’s think it was good faith, the bank thought it was bad business, and here we are.

• “When Farm Credit filed this action, Defendants’ existing counsel could not continue representation because it was unable to clear conflicts arising from its work for Farm Credit or Farm Credit-related entities. Defendants then discovered that many of the firms with the specialized expertise required for a receivership defense were also conflicted out.”

  • By conflicted, she might have meant they hadn’t been paid, so thus a conflict. There are records of numerous law firms in TN that were owed money by UN for previous work. Why would anyone take the case if they hadn’t been paid prior? Also, if one wants to talk about conflicted, fun fact time, aggrieved employees that want to have legal representation cannot get it in TN because so many firms have done business with Uncle Nearest.

• “By the time Defendants secured conflict-free counsel, only days remained before the August 7 hearing—and that counsel, although willing, had no background in insolvency litigation or receivership matters. This combination of conflict-induced loss of counsel, lack of specialized replacement counsel, and compressed timing deprived Defendants of a meaningful opportunity to investigate the allegations, prepare defenses, identify counterclaims, or develop an adequate record before the receivership hearing.”

  • Once again, the CEO hired unqualified people for the job at hand. A common theme in the company apparently.

This motion was the daily special at the BS Cafe, and yeah, I had some more.

• “The hearing on the Receivership Motion was held on August 7, 20225, and on August 14, 2025, the Court entered its Memorandum Opinion and Order which ordered the appointment of the receiver and required the parties to provide additional briefing regarding who should be appointed as receiver. After receiving information from the parties with proposed receiver candidates, the Court selected Phillip Young to serve as Receiver in the case.”

  • It was the Weaver’s pick, just in case you forgot. They have, apparently.

• “On August 22, 2025, the Court entered the Order Appointing Receiver which, in addition to appointing Phillip Young as Receiver, vested the Receiver with exclusive control over the Uncle Nearest Defendants1 and provided a broad stay of litigation applicable to all parties [the “Litigation Stay”]. The Receiver’s exclusive control over the Uncle Nearest Defendants has prevented those entities from answering and defending against the Farm Credit Complaint, or asserting applicable counterclaims. Likewise, the Litigation Stay has prevented the Weavers and other impacted parties from defending against the Farm Credit Complaint or asserting related claims.”

  • I mean, the receiver was actually made the CEO, and everyone else was promoted to employee. I think the Weaver’s only recently understood this. On the face of it, it seems like the Weaver’s should be able to sue whoever they want, but maybe they cannot? I dunno. We’ll have to wait on some kind of ruling here I’ll bet.

The next section is cherry picked propaganda from the Receiver Report where he said nice things. We won’t recap that. What they didn’t reference from that same report was where the receiver said he would be selling assets not essential to the business of whiskey making.

• “Notwithstanding these findings, the Receiver is moving beyond simply maintaining the status quo but is moving toward a potential permanent disposition of the Defendant’s assets. The Receiver has recently retained an investment banker to market the Debtor under two tracks — a potential refinance of the Farm Credit loans or a sale of substantially all assets of the Debtors. While a refinance might not cause material damage to the Movants or the shareholders of the Companies, a sale of the assets of the Defendants while in a receivership proceeding during a time when the spirit industry overall is in a lull will undoubtedly result in a price that does not accurately reflect the full market value of the Company.”

  • The receiver really did lay out the entire road map in the receiver report. I’m flummoxed as to why the Weaver’s are acting shocked by this. Yes, there will be assets sold, and Yes, UN will likely also be sold. Also, no one knows about the full market value, because the books are so fuxxored no one yet knows what’s real and what isn’t (Other than that goofy $1.1 billion made up valuation).

• “Any valid claims of Farm Credit will get paid in full in any event, but a sale in the Receivership will undoubtedly result in the shareholders of Uncle Nearest receiving significantly less value. In light of the preliminary findings of the Receiver, it is imperative that the Movants and other Defendants have the immediate opportunity to defend against the Complaint filed by Farm Credit.”

  • Yes, this is true, Farm Credit will get paid in full. I love that Fawn for the first time is claiming to worry about the investors. Something she hasn’t done until this very filing, and it’s a pleasant fiction indeed, the investors pretty much have come to the conclusion that they will probably not recover much, if anything.

• “The Movants are further aware that several competitors in the spirits industry have already engaged with the investment banker retained by the Receiver and have sought, or are seeking, access to the data room containing confidential and competitively sensitive information about the Defendants’ pricing, distributor relationships, production planning, supply chain, and other trade secrets. Because the investment bank cannot reliably distinguish bona fide refinancing nterest from competitors acting through intermediaries, the current process risks the irreversible disclosure of this information. Without immediate relief, Defendants have no ability to prevent this harm, and once disclosed, proprietary information cannot be ‘un-disclosed.’”

  • This request for relief sounds good on paper based on this segment, but courts generally do not move on “maybe” harm. They move on “actual” harm. Remember when I said Diageo was lurking? Yes, any prospective buyer will absolutely want to see the fundamentals. It’s called due diligence, something that Eugster probably should have done long ago, but instead abdicated his fiduciary responsibilities. Also, they really want to protect the books, because the math hasn’t math’d for a very long time. Senzaki knew this.

Never play cards in the quarter. Ever. Also, not all graffiti is a life hack.

• “First, the current direction of this case is not “status quo” as the Receiver moving ahead with an apparent sale process for the assets of the receivership when there has not even been an adjudication as to whether the Farm Credit debt, that is the basis of the proceeding before this Court, is validly owed and or is reduced in whole or in part, due to defenses and counterclaims held by the Defendants.”

  • They really want to pay pennies on what they owe, not taking into consideration that what they bought with that, has dollar value. They don’t want things sold, because EMBARRASSING, and they want the bank to eat a bag of crap. Disputing what is owed is stupid on a biblical scale. It’s an actual BANK, with real bookkeeping, and they don’t employ the Trustme Brothers. It’s so obvious how they want to go after the bank, but right now they can barely go after a pack of Lucky Strikes at a free cigarette store.

• “The practical effect of the current path of this receivership case is treating the Farm Credit note as a cognovit note (i.e., a pre-suit judgment by confession), which is expressly prohibited under Tennessee law. Farm Credit’s claims and related counterclaims need to be adjudicated before additional harm is inflicted upon the Defendants resulting directly from Farm Credit’s Complaint and related actions. This case is progressing to a potentially unreversible outcome without having any of the claims of Farm Credit or applicable defenses and counterclaims of the Defendants having been determined by the Court. The potential for substantial andunreversible injury to the Movants, the Defendants, and their equity holders is highly likely if the Defendants are unable to defend themselves and assert applicable counterclaims. Thus, the Movants request is exactly what is needed in order to even try to maintain the status quo and is necessary to prevent substantial injury.”

  • Please request a hearing, please request a hearing, please request a hearing. Foreshadowing alert- they’re going to request a hearing. Probably.

• “Refusing to lift the stay does not preserve the status quo; it accelerates harm. The Receiver’s ongoing process — including providing imminent access to proprietary commercial information by third parties — creates an immediate threat of irreversible competitive injury. Only by lifting the stay for the limited purposes requested can the Court prevent imminent and irreversible damage.”

  • The irony of using the term “irreversible damage.” Perhaps if the company had been run by a qualified and competent CEO who hired qualified people to run the business, it might’ve never faced the receivership to begin with, but hey, worry about what other people do and never ever take any accountability.

• “Second, the timing of this Motion is appropriate. The Movants have delayed filing this Motion to allow the Receiver adequate time to organize and understand the entities under his control.”

  • So very kind to wait until the receiver had a look. But why wait? Why now? Also, can someone please trademark "The Tentities” already?

• “As noted, the Receiver has now had the opportunity to make a preliminary investigation and provide to the Court and the parties his preliminary findings as set forth in his First Interim Report. Further, considering that neither Farm Credit, nor any other creditor, has been adjudicated at this point to have any valid claim against the Debtors, the Receiver’s administration of this case requires that a determination of whether Farm Credit’s claims are valid and whether any such claims are subject to valid defenses and counterclaims be made before this case or the Receivership progresses further.”

  • They are really hammering at the bank debt as illegitimate. It won’t play well with the judge though. It’s likely a legal razzle dazzle intended to discredit the bank in the public eye because it will be reposted without thought by so many. Delay is the goal, drag it out as long as possible.

• “Finally, the Movants’ claims and defenses have substantial merit and directly affect the validity, enforceability, and potential amount of Farm Credit’s asserted indebtedness. Based on information presently available, the counterclaims that Movants intend to assert may materially reduce—and potentially exceed—Farm Credit’s claimed secured debt once adjudicated.”

  • I have so many LOL’s about this right now. The Weaver’s floating that their counterclaim might exceed $108 million? Good lord, you cannot make this up, but Fawn apparently can.

And lastly-

• “For the reasons set forth above, the Movants respectfully request this Court’s emergency consideration at its earliest available hearing or submission time and immediate granting of this Motion to avoid the deprivation due process and the imminent risks outlined in this Motion.”

  • Ladies and Gentlemen, they asked for the hearing. I'll need to hit up Costco for popcorn apparently.

Welp, that was a thing, I expect the response from Farm Credit to be swift, Thanksgiving holiday notwithstanding. I’m still struck by the amateurish look of the Weaver’s representation in comparison to the bank hired guns, and I hate to root for entertainment value, but this whole thing has been so tragic, it helps to laugh at the absurdity along the way.

Sometimes Blogger Cat is sleepy.

UPDATE 11/12-

It’s quiet out there, but know that things are happening. By now, the Tentities (TM) should have turned over receipts, and Receiver Cat (TM) should be knee-deep in some interesting nonsense. Short update today, mainly proof of life, thank you everyone that has reached out to check on me, I’m fine, there was no Luca Brasi Cat incidents, after all he sleeps with the fishes. Today, quick hits.

• Employees at the distillery are stressed. Cuts have had an impact, and they’re having to do a lot of work that used to be outsourced. Pulling weeds sucks no matter what your regular job is.

• Sundays with the Weavers is not just out of touch performative nonsense, it’s also committing a cardinal sin, it’s BORING. Watching grass grow is more satisfying, trust me.

• I’m working on the investor and probable investor fraud angle of this story, but it’s long, heavy, and frankly it likely won’t be published until after the sale. I’m also unsure if I’m really equipped to tell this story due to the complexity. I’m learning things, and eventually I’ll get it done, but mercy me….

• While everyone is waiting on court documents and things of that nature that are public, there are things we cannot know, like what the SEC/FBI/FINRA etc.. are up to. They can’t be sitting on their hands here can they?

• I’ve had a few people ask what I think the valuation of UN will be after they shed all of their junk assets that have nothing to do with whiskey production. Sorry, not all of the assets are junk, especially the brands they shanghai’d. I will place my bet at the probably far too low valuation of $80 million. Why so low? Debt. UN owes more than the money due to the bank, and who knows if the asset sales will cover all debts. Also, Molson-Coors just did a $75m write down of their acquisition of Blue Run ($78 m purchase), valuing BR at about $3m or so. Granted, the case volumes are vastly different between BR and UN, but it does reflect the market place right now, and UN cannot post quarterly growth in perpetuity the way Fawn would like you to believe. If her numbers are correct (suspect), they will come back down to earth eventually.

• My guess is that once the receivership takes care of business, then the MIB’s show up.

Blogger Cat is already so tired of Sunday’s with the Unicorns. Not as tired of it as Sammy is though.

UPDATE 10/31-

Boy, did I pick a bad day or two to be entirely offline or what?. We have a lot to go over today so let’s gas up the Chrysler and get moving. There were some filings, an order signed, and some other assorted fruits and vegetables added to our plates.

First up there was obviously negotiations going on behind the scenes between the receiver and the Weaver’s. If you recall, the Weaver’s claimed the Receiver never asked for things. Sure maybe. But then after his recent filing, he clarified that he wasn’t ASKING for inclusion of the Tentities (TM), we was asking the court to clarify the order in regards to those entities. A nice way of saying, I’d like them books please.

The first document was filed as a Proposed Agreed Order. Pretty standard faire.

• “Receiver Phillip G. Young, Jr. (the “Receiver”), Plaintiff Farm Credit Mid-America, PCA (“FCMA”), and Humble Baron, Inc., Shelbyville Barrel House BBQ, LLC, Grant Sidney , Inc., Uncle Nearest Spurs VI, LLC, Quill and Cask Owner, LLC, Nashwood, Inc., Classic Hops Brewing Co., Shelbyville Grand, LLC, Weaver Interwoven Family Foundation, and 4 Front Street LLC (collectively, the “Respondents”)(collectively, the “Parties”) jointly move the Court to enter the Proposed Agreed Order, attached as Exhibit A.”

  • Those negotiations must’ve been lively.

The second document was the details of the Agreed Order.

• “All proceedings related to the Receiver’s Motion for Clarification of Receivership Order1 (the “Motion to Clarify”) are hereby stayed until further notice, pursuant to the terms outlined in this Agreed Order.”

  • A stay is a pause. A hold please. A literal “Let’s table this” for now.

• “For clarity of the record, the Receiver acknowledges that none of the bank statements or other financial documents referenced in this Agreed Order had been previously requested from the Respondents, including prior to the filing of the Respondents’ Motion for a Hearing. Nothing in this order shall be construed to imply that any party is not or has not been cooperative with the Receiver.”

  • A nice way to mend fences by the receiver. He likely found the Weaver’s a bit frosty after or before their Humble Baron filing, and this was a way to de-ice the plane they’re all flying on. Also, he maybe didn’t ask because maybe he was told the records were all gone missing.

• “Within seven (7) days of the entry of this Agreed Order, each of the Respondents shall provide to the Receiver two (2) years of bank statements, to the extent that they\ maintained bank accounts, including check copies, deposit slips, and wire requests (to the extent included with the bank statements or otherwise readily available)”.

  • My absolute favorite part of this is the “to the extent that they maintained…” Like come on, they didn’t even have a Cap table for a self-declared $1.1 billion company. Does anyone reading this think they balanced their checkbooks for Grant Sidney? Remember, they have a “Blame Senzaki Card” (TM) to play, because he was also CFO of Grant Sidney back in the day. Also, they have seven days from the order to deliver this stuff to the receiver, hopefully it won’t be delayed because of bottle signings.

Receiver cat is going to have to pull more than a few all-nighters, or he won’t.

• “Following the receipt of the bank statements by the Receiver, the Receiver shall have fourteen (14) days to review all provided statements.”

  • 14 days is a lot of time when you have a team of professionals that do this work for real.

• “If the Receiver determines, in his sole discretion, that additional statements or other documents, including check copies, deposit slips, and wire requests, are needed following his initial review, the Receiver may request up to an additional three (3) years of bank statements and such other related documents for any one or all of the Respondent entities. Respondents shall have ten (10) days from the date of the request to provide such further documents to the Receiver or any explanation if those documents are not available.”

  • This is the stick part. If you don’t deliver what’s being asked (2 yrs of statements), then the receiver can ask for 3 additional years without needing to ask the court. If the Tentities, or even one of them breach this part of the agreement….it’s a rolled up newspaper to the nose. .

• “The Receiver shall have fourteen (14) days from receipt of any additional statements and documents to review the provided records.”

  • Keep in mind, we are talking 2 years of documents from Grant Sidney, and Humble Baron. These two alone will take a lot of digging through, and hopefully a rosetta stone or two to figure it all out. The others will likely be childs play.

• “Following his review of the bank records, the Receiver shall provide any additional questions, evidence and/or argument regarding the Motion to Clarify to the Respondents, who shall have seven (7) days to provide responses or clarification to the Receiver’s questions, evidence and/or argument.”

  • Essentially the judge is laying down the rules of the game here. You give documents. Receiver asks where the other ones are. You answer or else. I’m guessing the judge is tired of people playing cute in his courtroom.

• “Following the review of bank records, and opportunity of Respondents to provide clarification (if necessary), the Receiver shall file a notice with this Court requesting a hearing on the Motion to Clarify or, alternatively, providing notice that no further hearing is needed on the Motion to Clarify and he is withdrawing the Motion to Clarify.”

  • We won’t have a hearing if the Weaver’s give up the ghost here. We will have a hearing if the Weaver’s keep trying to dance their way around the court appointed receiver. The Receiver holds the cards here. If he comes back with “we’re cool, got everything I need, no hearing needed, that’s the end of inclusion. If he comes back with a “so Judge, what’s your Thursday morning look like?” We will have a hearing, and likely inclusion at that point. The Receiver IS the boss of all bosses right now.

Happy Halloween by the way.

• “If a hearing on the Motion to Clarify is requested, the parties shall submit all supplemental briefs and memorandum no less than five (5) days prior to date set for such hearing, and all parties shall submit a witness and exhibit list no less than three (3) days prior to the hearing date.”

  • The judge setting timelines is so there’s no misunderstandings and no more “no one told us” nonsense.

• All parties reserve all rights associated with their respective filings and positions on the Motion to Clarify.

  • The original parameters are unchanged, Bank wants inclusion. Weaver’s do not.

• This Court retains exclusive jurisdiction with respect to all matters arising from or related to the implementation of this Agreed Order, without limitation, the authority to interpret, implement and enforce the terms and provisions of this Agreed Order.

• IT IS SO ORDERED.

The last document was succinct.

• “The Motion requests the Court enter a proposed Agreed Order that would, generally speaking, (1) direct the Non-Party Respondents to provide certain bank statements to the Receiver, (2) require the Receiver to review these bank statements in relation to the currently pending Motion for Clarification, and (3) direct the Receiver to—after having reviewed the provided bank statements and given the Non-Party Respondents the opportunity to provide any necessary clarification—advise the Court whether a hearing on the Motion for Clarification is necessary or whether the Motion for Clarification will be withdrawn.”

• This is a very interesting move here. It’s an agreement that the Tentities (TM) must turn over 2 years worth of bank records to the Receiver, who will then tear into them, get clarification where needed, then decide whether to move forward with inclusion or not.

• “Considering the movants’ good faith efforts to resolve this issue and the fact the Receiver is in the best position to evaluate what effect the Non-Party Respondents’ bank statements may have on the Motion for Clarification, the Joint Motion [Doc. 77] is GRANTED. The Court will enter the Agreed Order contemporaneously. Furthermore, to ensure the Court remains informed of the movants’ progress towards completing the requirements laid out in the Agreed Order, the Receiver is hereby ORDERED to submit brief reports stating which obligations under the Agreed Order have been completed and which remain outstanding every thirty days. This reporting obligation shall continue until the Receiver files the notice described in Paragraph 8 of the Agreed Order.

  SO ORDERED.”

  • The judge is pretty clear here. Report on progress every thirty days. The Motion to Include is under a heat lamp, and will be served if necessary.

This is a dish that will be served cold.

THOUGHTS-

• On the surface, it’s easy to think that the Judge went soft or easy on the Tentities (TM). It’s also easy to think that the Receiver cowed to the Weaver’s after they went for him. What happened here is the Receiver laid some very good groundwork with his initial filing to include, which he must’ve known would provoke a reaction, which it did. Then he backed off the gas a bit, and said, well, I didn’t ask for inclusion, I asked the court what was up.

• The Weaver’s then said, man why didn’t you just just ask us, he said, '“oh damn my bad can I have?” And now we are here. The Weaver’s betting their “records” are enough to bamboozle someone who knows better, and a judge that has an idea that rules will need to be put in writing, (no more shenanigans with the court), do what you say you’re going to do, or else.

• I cannot believe that whatever documents will be shared will be whole. If they are, they’ll have to explain each and every In-n-Out burger they bought and whether the fries were well done or not.

• I skipped doing this update yesterday because I was exhausted and wanted to read them again. I’m glad I did. I think this was a chess move in a game of CandyLand.

Any bets on who paid for the tractor?

UPDATE 10/28-

While we have a brief pause in court filings, I’d like to spend an update on something that was discovered early on while doing research that initially I didn’t understand, nor did I think significant. More and more, I think it just might be, so I’m going to share a brief bit on it today.

• There were a pair of documents that were uncovered that showed separate loans from Deere & Company. Since it didn’t have an amount on them, I put it in my overflowing UN folder and promptly forgot about them. With more and more things pointing towards the Deaderick street address, I was reminded of these so I pulled them for another look.

• Two separate loans, with Keith Weaver’s name on them. Now these could have been leases, or loans, but they are in fact separate tickets.

• I looked up Deere & Company, and it’s John Deere. Tractors/mowers etc.. Equipment stuff.

• Used for Eady Road property. Which of course has its own LLC.

• Paid for by Uncle Nearest? Which of course has its own LLC.

• By now, you know where this is going right?

  That’s it. Brief.

2023.

2024.

We aren’t quite at the “say hello to my lil fren” part of the story…..

UPDATE 10/27- 2.0

Well I was just doing my little update earlier today, but there’s new filings. This is what happens when grown ups are doing grown up things. Let’s break down the filing from the Receiver Cat.

• “As an appointed officer of this Court, the Receiver determined that it was his responsibility to alert the Court to these entities, allow the Court to interpret its own Receivership Order, and determine what is or is not a Receivership Asset. In furtherance of that responsibility, the Receiver filed his Motion to Clarify with this Court. The Receiver has been transparent with all parties, including the Respondents and their counsel, as to his rationale for the Motion to Clarify. Indeed, the Motion to Clarify specifically states:

  • The Receiver makes no representation about whether these entities should be included within the scope of this receivership. Rather, the Receiver files this Motion for Clarification to seek the Court’s determination as to whether it intended the entities listed above to fall within the scope of the Receivership Assets under the Order. The Receiver endeavors to fully and completely carry out the wishes and instructions of this Court.”

    • Grown ups doing grown up work. He did his job. Alerted the court to shenanigans and as an officer of the court, asked what the judge wants to do. Also, come on, use the Tentities (TM). It just rolls off the tongue. Also, also, trouble ahead, you’ve been warned….

• “Even with this explanation in the Motion to Clarify and the Receiver’s own transparency in conversations with counsel for the Respondents regarding his motivations, the Respondents continue to allege in their Responses that:

  • “[A]pparently at the behest of Farm Credit, the Receiver filed his Motion for Clarification of Receivership Order;”5

  • “The Receiver, however, provided no specific evidence to support expanding the receivership to include the Non-Defendant (the Respondents) and expressly took no position as to whether any of the Non-Defendants should be placed under control of the Receiver;”6 and

  • “[T]he Receiver’s reticence to take a position as to whether the Non-Defendants are properly included in this Receivership is the first sign that there really is no factual or legal basis to include these Non-Defendants in the Receivership.”

    • This is the grown up saying that people play too much.

Sound the bell, school is in session.

SMACKDOWN ALERT-

• “Finally, the Respondents essentially allege that the Receiver is simply in place to do the bidding and take instruction from Farm Credit, stating, “it is clear that this is really Farm Credit’s motion to expandthe receivership…”

  • Those three dots are in the filing… Remember, this is the receiver response.

• “While the Receiver is unsure how he can be any clearer than he was in the Motion to Clarify, he restates his position regarding the Motion to Clarify herein to alleviate any confusion on the part of the Respondents. The Receiver took no position on the entities outlined in the Motion to Clarify, and will again take no position on that issue here. The Receiver is charged with managing the assets of the entities outlined by this Court. The Court is the appropriate determiner of what is/is not a part of this Receivership. It would be inappropriate for the Receiver to argue for the extension of his duties unless the Receiver felt like he was unable to carry out his duties absent an expansion of his duties; that is not the case here. The Receiver will leave all argument and advocacy about the scope of this receivership to Farm Credit and the Respondents. Hopefully, this restatement of his position will further illustrate to the parties the Receiver is here to follow the direction provided to him by this Court, and not to do the bidding of any other party.”

  • They couldn’t have been less intelligent going after the receiver here. But then again this is the same person who took a shot at a judge in a recent rake stepping, I mean, interview.

And just for good measure, the receiver added another lawyer-

• “Hereby submits this Notice of Additional Professional Retained by Receiver pursuant to Paragraph 10(c) of the Order Appointing Receiver. The Receiver hereby states that he has retained Arlington Capital Advisors, LLC to advise the Receiver on possible transactions related to this matter, including refinancing of indebtedness, consummating equity infusions or investments, and/or consummating a sale of some or all of the Receivership Assets.”

  • This law firm will likely assist with SELLING STUFF. THE RECEIVER SAID, SELLING STUFF.

Honestly the rake store should raise prices since CEO Cat can afford caviar.

UPDATE 10/27-

Another filing, and it’s pretty much Weavers sour grapes about the legal strategies by Farm Credit. This is what happens when you can only afford Dog Treat Lawyers (TM). Anyway, quick breakdown today, and then I think I’ll treat myself to some caviar quesadillas.

• “On September 25, 2025, Farm Credit Mid-America, PCA (“Farm Credit”) the Statement. In the Statement, Farm Credit argued that all of the Non-Defendants were assets of the receivership. As sole support for its assertion, Farm Credit identified several discrete transactions between the Non-Defendants and the Defendants with no actual evidence that any of the identified transactions was in any way fraudulent or improper.”

  • Discreet means filed under proposed seal. We don’t know if the bank alleged they were fraudulent or improper at all, because well, sealed.

• “On September 30, 2025, the Court entered an Order (the “September 30 Order”)5 requiring the Receiver to provide notice of his Motion, the September 30 Order, and th Receivership Order on all of the Non-Defendants by no later than October 14, 2025. The Order further required that the Non-Defendants respond to the Motion to Clarify by October 21, 2024. Finally, the September 30 Order provided that “Plaintiff SHALL file all materials in its possession that it believes support expanding the receivership with the Court. Plaintiff SHALL comply with the Court’s Memorandum and Order Regarding Sealing Confidential Information [Doc. 9] when filing any materials it believes to be confidential.”6 While the Court did not provide a time frame for compliance by Farm Credit, the appropriate implication was that the materials were to be filed immediately so that the Non-Defendants would have the ability to respond to those documents in the Responses.”

  • Sure sounds like “We didn’t get to see their cards before playing our hand.” Farm Credit has big dog lawyers, not dog treat lawyers. This is what happens when you play for keeps.

• “On October 20, 2025, the day before the deadline imposed upon the Non-Defendants to respond to the Motion to Clarify, the Receiver circulated to counsel for the Non- Defendants and to Farm Credit the RECEIVER’S MOTION TO CLARITY [SIC] ADDING CERTAIN ENTITIES TO RECEIVERSHIP – INPUT MEMO (the “Memo”), which was apparently prepared after the filing of the Motion to Clarify, Farm Credit’s Statement, and the entry of the September 30 Order. The Memo identifies a small number of intercompany transactions, i.e., between the Non-Defendants and the Defendants, found by the Receiver without any conclusion that the transactions were improper. In most cases, the Memo simply indicates that information from the Non-Defendants is needed regarding the transactions, without indicating that any request to the Non-Defendants or the Weavers for such information has ever been made. Had the Receiver asked for information or documentation from the Non-Defendants, it would have been provided. The Receiver expressly advised counsel for the Non-Defendants that he had created the Memo in case the parties or the court asked what his position was, that it was not meant to be comprehensive, and that he did not intend to file it.”

  • Notice how it’s NEVER their fault, but always someone else’s? At some point CEO cat has to understand that this isn’t make believe. The receivership isn’t some little inconvenience that one overcomes by doing interviews and comparing yourself to Job. The CEO of a company in receivership should be locked in and on top of things, but as we know, she’s never been on top of things, and is frequently late to the game (and payments).

I asked AI to put Jeffrey Wright in that chair, but it wouldn’t budge. Oh well.

• “As of October 21, 2025, three weeks after the entry of the September 30 Order, Farm Credit had not filed any materials responsive to the requirements of the Order.”

  • No lies detected. I might’ve just shit myself.

• “On October 21, 2025, which was the deadline for their responses per the September 30 Order, each of the ten Non-Defendants timely filed comprehensive responses addressing the matters alleged by Farm Credit in its Statement, as well as allegations in the Receiver’s Motion to Clarify. The Non-Defendants did not address specifically the allegations in the Memo because (1) they were provided the Memo only the day before their Responses were due and (2) the Receiver represented that the Memo was not intended to be filed.”

  • It’s astonishing to only the clueless, that Receiver cat is not on their side. Fawn was also very busy doing interviews than preparing, oh and grilling.

• “On October 22, 2025, the day after the Non-Defendants had each filed their respective Responses, Farm Credit filed its Response to Court’s Order and Motion for Leave to File Documents Under Seal7 (the “Farm Credit Response”) and the four proposed sealed documents referenced therein, including the Memo.”

  • The bank lawyers were presumably waiting for the nonsensical filings to spring their nefarious ambush!

• “While the Non-Defendants believe that the documents filed by Farm Credit, including the Memo, do not provide any probative evidence that any of these Non-Defendants were “mere instrumentalities” or “alter egos” of the Defendants, the apparent strategy of Farm Credit to wait on its compliance with the September 30 Order until after the Non-Defendants filed their Responses as an apparent litigation tactic, at a minimum, violated the spirit of the Court’s September 30 Order.”

  • It was not an apparent litigation tactic, it was an intentional litigation tactic. Imagine crying foul over violating the spirit of the order, when you couldn’t pay your loans on time which is why you ended up in this mess to begin with?

Have you noticed how many people carry water for the Weaver’s online? I wonder if they ever get tired.

THOUGHTS-

The filing then gets long winded in asking for the court to deny the inclusion of the Tentities (TM). Then they drop an obligatory WHEREFORE.

I’m not a lawyer, far from it, but I can say that it seems like the lawyers representing Farm Credit are very very good at what they do. They appear to be outmaneuvering the Weaver’s at every turn. Their filing of sealed documents after the Tentities (TM) / ChatGPT (allegedly) filing was a calculated middle finger. A direct shot across the bow of a sinking ship.

I can’t imagine inclusion not happening…..

Also, I’m sure that CEO Cat loves the “Non-Defendants” thing, but come on the Tentities (TM) is a way better hashtag. Just because you self-declare something doesn’t make it true. cough $1.1 billion cough. Self declaring that your alter-ego businesses aren’t defendants doesn’t mean anything to a court. It’s playing cute for the public, but it has no meaning. If you did what the bank alleges, then it’s likely to get inclusion, and you’re on the hook.

Should be an interesting week, now in an effort to make myself relatable, I’ll go make a caviar quesadilla.

It’s got to be tough for lawyer cats, when they have a client cat that just can’t stop talking ever.

UPDATE 10/25-

Today I’ve got a breakdown of a recent interview that our favorite CEO cat gave. No, I’m not bored, or running out of material, but some of the things are relevant to the case, and are very interesting indeed. I’ll lay it out as if it was a court document, because let’s be honest, the bank reads everything and they’ll possibly include the excerpts in some filing. Also, I’m finally ready to move some suspected LLC’s into the actual LLC’s group, and I’ll be listing those below as we go along. I promise it’s quick today, and I’ll have some thoughts too.

• . “Martha’s Vineyard was a smear campaign tactic,” Weaver said during a fireside chat at the Inc. 5000 Conference titled, “Reclaiming Your Company in Turbulent Times.” “Their hope was that the judge would see it, would accept the smear, and would turn over keys of my company to them.”

  • Oh, this looks like a lovely rake to step on, feet don’t fail me now.

• “Weaver claims the inclusion of the Martha’s Vineyard property in Farm Credit’s complaint comes down to reputational damage and an effort to “taint the judge, who’s going to be White in eastern Tennessee.”

  • Rake meet face. Face, meet rake.

• ““If you can get the judge to believe that we misappropriated funds to buy a property, a vacation home—let’s be clear, I’m from California, what I’m not going to do is buy a vacation home that’s not on the water in a town that is not sunny nine months out of the year,” she said.”

  • But, I thought this was a business investment? That’s what she said. Smartest business investment of all time throughout history probably.

• “They didn’t have security over any of our collateral. And the question becomes, why not? Why did you not ask to perfect seven of our eight pieces of real estate? Martha’s Vineyard is just one of them,” Weaver said.”

  • She really really really wants to save this house.

I was pretty sure this was a Weaver entity.

Now I know it is.

RANDOM THOUGHTS-

• I asked about how Quill and Cask or Grant Sidney could buy barrels without a TTB Wholesale license, and I’ve got some really good people sending me clarifications. They could have bought “interests” in those barrels, but not taken ownership. When the time might come to bottle, the Distillery could buy those interests out. Hence, a funny looking loan.

• WhiskeyDecisions post about the math not mathing has generated a lot of discussion. Some people with brand ownership / knowledge have said that the numbers presented to investors were nonsense, and that those margins are impossible. We will eventually see what the real story is when Uncle Nearest gets closer to its ultimate sale.

• The horses are gonna get sold. They eat and eat and eat and eat. Did you know that horses spend almost 16 hours a day eating? Unless those horses can take you on a tour around the world’s longest bar, what’s the point of having them? (credit for that line goes to another).

Did you know that owning 50 horses would cost you anywhere from $175,000-500,000 a year? The more you know.

Fun fact, Cheyenne appears on a lot of fillings for the Weavers. LegalZoom Dot Com baby!

• Remember a few days ago when I alleged that Bedford Box Factory LLC was allegedly a Weaver entity?

• I’m no longer alleging that. I’m SAYING it now. Bedford Box Factory is in fact, owned by Keith Weaver.

• I think at some point the Tentities (TM) will have to get an update.

• I keep trying to tell people that every idea the Weaver’s have gets an LLC or a TM. So there are definitely MORE than what we know already.

That address is a P.O. Box. There are BOATLOADS of LLC’s that use that address. Not all of them Weaver owned.

Uh-oh. TDG just brought in a heavy hitter. No, not Glen Lerner (for you Vegas readers, you know.).

UPDATE 10/24-

I told you all that this would be a busy week. There were a few filings last night to the court, don’t worry today will be a shorty.

• “Plaintiff Farm Credit Mid-America, P.C.A. (“Farm Credit), and Defendants Uncle Nearest, Inc., Nearest Green Distillery, Inc., Uncle Nearest Real Estate Holdings, LLC, Fawn Weaver, and Keith Weaver (collectively, the “Defendants”) (and together with Farm Credit, the “Parties”), by and through counsel, have jointly stipulated that Defendants waive service of summons and that the Parties agree to set a deadline for Defendants’ answer at a later date. IT IS THEREFORE STIPULATED AND AGREED that:

  1. The Defendants and their counsel have received a copy of the Complaint. Counsel has appeared on the Defendants’ behalf and the Defendants have agreed to save the expense of serving a summons and complaint in this case.

  2. The Defendants understand that they will keep all defenses or objections to the lawsuit, the Court’s jurisdiction, and the venue of the action, but that it waives any objections to the absence of a summons or of service. The deadline for the Defendants to answer the Complaint will be a date determined by the Parties by mutual agreement in writing and without further order of this Court.”

  • This is probably a very long way of saying, stop playing games, your lawyers have all the stuff, stop acting like you don’t know things. Essentially this saves money and time for everyone. You don’t need a summons, when your lawyers are being fed court requests etc.. If you have questions you can take 4 minutes away from posing awkwardly in the gift shop and walk over to the actual CEO’s office and ask for clarification.

• Next up, is verrrrrrry interesting. TDG has filed a motion for a Pro Hac Vice Admission. What does that mean? It means they are asking for a lawyer from California who is not licensed to operate in Tennessee to be able to represent them in this one case. Why is this interesting? Well, I’m glad you asked. This guy specializes in certain things. Alcohol, receiverships, distressed businesses, protecting assets etc… but there’s one particular thing that strikes me about him, and his firm, and I’ll let the pictures below tell that story.

Everyone say hello Oren.

If you don’t understand how a Ponzi works, here’s Fawn perhaps inadvertently explaining how they work.

Are banks allowed to laugh? Is that even legal?

UPDATE 10/23-

I know you’re tired, I’m tired, everyone is tired. I know there’s Uncle Nearest Fatigue (TM), but this is going to go for awhile. Yesterday, the bank clearly had a look at the comically inept filing from the Weaver’s Tentities (TM), and clapped back with their own filing. ALL sealed. Let’s do a very quick breakdown, hell your oatmeal won’t even be cold by the time you finish this one.

• “Plaintiff, Farm Credit Mid-America, PCA (“FCMA”), in response to the Court’s Order entered on September 30, 2025 , requests leave to file under seal the following documents:”

  • As we will see, this is probably because they have receipts, and because the Tentities (TM) aren’t under receivership, it would be legally risky to submit them for public perusal.

• “A- A summary of cash transactions created by FCMA’s financial advisor from historical account/financial information provided by Uncle Nearest, Inc.’s previous financial advisor;”

  • Go on…. please, do go on. They have receipts.

• “B- The Levy Settlement Agreement;”

  • This was not public information, and I’d love to get a look at it. Pretty much, more receipts.

• “C- Barrel Purchase Agreement with Q and Cask, Inc.. To date, despite request, FCMA has not received an executed copy of this agreement.”

  • As usual, the Weaver’s not providing information leads to questions as to why they withhold so much from banks, investors, etc…

• “D- A summary of findings created by the Receiver’s financial advisor from account/financial information from Uncle Nearest.”

  • These receipts are probably longer than those insane CVS receipts that go on forever.

• “The proposed seal documents contain confidential and sensitive information of Uncle Nearest and the Additional Entities, which are not yet part of the Receivership or subject to this Court’s jurisdiction, and other third parties that have contracted with or engaged in business with Uncle Nearest or the Additional Entities. These documents include agreements subject to confidentiality clauses. The documents also include private financial information of Uncle Nearest and the Additional Entities not yet subject to the Court’s jurisdiction. Courts in the Sixth Circuit have held that documents may be sealed where sensitive financial information is present.”

  • Well, these documents are probably going to remain sealed until inclusion. Maybe we see them, maybe we don’t. Regardless, the bank has receipts, now the Judge does as well.

Proposed sealed documents, aka receipts.

Whiskeydecision over on IG has a really good breakdown on the math based on the last available financial report provided to investors. The image is below, but the meat is in the details of the caption on the post. I recommend checking it out.

Lastly, a QUESTION- How does Quill and Cask, and Grant Sidney purchase, or attempt to purchase barrels of whiskey when they do not have a wholesaler license from the TTB? These clowns I swear.

Math Doesn’t Pour (TM).

This is how blogger cat looks seeing all the documents filed. Please say a prayer for Kandi….

UPDATE 10/22-

Sweet baby Jesus filing day saw 12 separate filings, all with multiple pages. I could easily spend two weeks breaking these down. Bear with me. This update will update frequently throughout the day, so if you’re just arriving and all you see are these words, refresh your coffee and come back in an hour. Also, thoughts and prayers to Kandi over on TikTok, she’s gonna need tea, honey, and Ricola’s to save her vocal cords.

Let’s start with some stuff-

• First document is the announcement that the defense (the Weavers) have lawyer Michael E. Collins representing the Tentities (TM) and wish for all current, past, and future documents be forwarded to the law firm of Manier & Herod.

  • Kinda like what TDG and Oracle have already done, but not exactly as TDG and Oracle likely pay their bills. Also, not gonna lie, I’m gonna miss Rocky. Hopefully he got paid.

• Second document is from Humble Baron. (oh god it’s long). It’s their response to the Receivers motion to clarify blah blah blah. Boy oh boy the lawyer has come out firing! He’s referring to the Tentities (TM) as Non-Defendants. This one is gonna need a full breakdown so let’s dance.

Blogger Cat (TM) is mainlining the cold brew today. Also, fun fact, I don’t smoke, never have.

Here’s the breakdown from Humble Baron’s filing. Remember, my thoughts and opinions are italicized.

• “As an initial matter, the Court should be aware that actions and statements made inthis Case, whether in pleadings or in open court, have business consequences for those entities that are involved or become involved. When unsubstantiated accusations are made against parties or Non-Defendants and those accusations are placed in the public record, the accusations are picked up by the press and cause immediate financial and reputational harm to the targets of the accusations. In this case, the completely unsupported allegations that these ten Non-Defendants have comingled their finances with the Defendants’ finances and should be placed under receivership has caused vendors to stop doing business with the Non-Defendants and customers to stop placing orders with the Non-Defendants to the financial detriment of the Non-Defendants. This is apparently the intent of Farm Credit even though Farm Credit has not provided one shred of evidence to support its allegations. The Non-Defendants have suffered significant financial losses as a result of this effort by Farm Credit that has no legitimate legal or factual basis, is not necessary to protect Farm Credit’s interests, and appears solely intended to harm the Non- Defendants and the interests of Fawn and Keith Weaver.”

  • I think not paying the vendors for years, and everyone knowing this, has probably caused them to not wish to work with them more than this court case has. Also, we haven’t seen Farm Credit’s documents yet (foreshadowing alert #1)

• “The Non-Defendants are specially appearing before this Court to contest the Motion to Clarify filed by the Receiver. However, based on the tenor of the Motion to Clarify, and the Receiver’s statement that he “makes no representation about whether these entities should be included within the scope of this receivership,” it is clear that this is really Farm Credit’s motion to expand the receivership to include (1) entities that are not directly or indirectly obligated on any of the Farm Credit Loans and (2) assets that are not collateral to Farm Credit. To support its effort, Farm Credit offers either completely unsupported factual allegations, patently false factual allegations, or factual allegations that are easily refutable or do not support the requested relief. And this effort has been undertaken even where the Receiver has already made a preliminary conclusion and advised Farm Credit that the value of the equity interest in this receivership estate, even considering all of the loans from Farm Credit and all other debts of the Uncle Nearest entities, is significant even in his most conservative valuation. Farm Credit has prosecuted this factually and legally unsupportable effort to enlarge the receivership even though there isn’t any colorable risk that the assets already in the Receivership will be insufficient to satisfy the Farm Credit claims and without any regard to the financial and operational damages that such action has directly caused and continues to cause to these Non-Defendants.”

  • Clearly the lawyer wants everyone to forget about that Martha’s Vineyard House. Like FORGET forget. This asset alone, and how it was used, is absolutely why Farm Credit asked for the inclusion, because the Weaver’s moved the asset, which was the collateral for the loan! It’s also cute that the Weaver’s believe the Receiver is on their side somehow.

This, this has always been the key. Which is likely why Fawn defended it so hard in the early times.

• “The Receiver’s reticence to take a position as to whether the Non-Defendants are properly included in this Receivership is the first sign that there really is no factual or legal basis to include these Non-Defendants in the Receivership. If there were a sound legal or factual basis for these entities to be included in the Receivership, the Receiver, whose job is to recover assets of the receivership, would not defer. The second sign that there is no basis to include these Non- Defendants in the Receivership is that, despite being specifically ordered by this Court to produce all evidence supporting its assertions, Farm Credit has literally filed nothing. Not a single document has been filed to support the assertions made by Farm Credit in its Statement and many of those allegations are directly contradicted by the Receiver. Accordingly, Farm Credit has either defied the Court’s Order by not submitting evidence it has, or Farm Credit filed its Statement without a shred of evidence to support it.”

  • Lots of legal fighting words for sure. And probably correct that nothing has yet been filed. Lawyers do lawyer things and they say lawyer things that sound great up front, but the details will be most important to the judge. The continued filing has a lot of jargon and propaganda about how UN is doing well etc.., so I’ll be hitting the highlights going forward because we still haven’t figured out what this massive document has to do with Humble Baron yet…

• “On September 30, 2025, the Court entered its Order (the “September 30 Order”)14 which initially noted that none of the Defendants had objected to the Motion to Clarify. Likely unbeknownst to the Court, the Receiver has asserted that he controls the corporate Defendants and their counsel such that he would have had to be the one to direct the corporate Defendants to object to his own motion. That was not likely to happen. The September 30 Order further required the Receiver to serve notice of the Motion to Clarify and the September 30 Order on the identified Non-Defendants and that the Non- Defendants would have until October 21, 2025, to contest the Motion and the inclusion of the Non- Defendants in the receivership.”

  • Well, shots fired. Looks like this puts to rest all of those silly rumors floating around that the receiver was bought and paid for. This seems to be taking an adversarial approach to the receiver. Also, the Non-Defendants is screaming for a TradeMark.

• “The September 30 Order further provided that “Plaintiff SHALL file all materials in its possession that it believes support expanding the receivership with the Court. Plaintiff SHALL comply with the Court’s Memorandum and Order Regarding Sealing Confidential Information [Doc. 9] when filing any materials it believes to be confidential. As of October 21, 2025, Farm Credit has failed to file any documents that support expanding the receivership—not a single document.”

  • When the lawyer filing using caps and bold, you know they're serious.

I warned you this would be long….

Now for the Argument portion of the filing-

• “The Receiver Has Already Determined that Uncle Nearest Is Not Insolvent. It is important to note in this analysis that the Uncle Nearest Defendants are not insolvent by the Receiver’s own analysis. In fact, the Receiver has determined that the equity value of the Defendant companies, after payment of all the debts of the Defendant companies, is very significant even in a most conservative view. Consequently, since Farm Credit has a lien on all assets, tangible and intangible, of the Uncle Nearest Defendants, there is clearly adequate collateral to secure the Farm Credit debt. Not only are insolvency (or lack thereof) and adequacy of collateral with respect to the Defendants key considerations for the appointment of a receiver for the Defendants, but they are also highly relevant to this effort by Farm Credit to expand the receivership to include Non-Defendants.”

  • It helps when the bank has to infuse another $2.5 million to keep the business running, AFTER they filed the lawsuit. Again, it comes down to things like that Martha’s Vineyard house…. that collateral was removed and this is why the bank wants inclusion. It’s also clearly not the only piece, the MV house is representative of what’s possibly been happening. Remember, UN paid for Humble Baron (which the lawyer still hasn’t gotten to) to get that Guinness Book worlds longest bar, paid for a lawsuit settlement for HB, and paid for Trademarks/Taxes/Mortgages for other Tentities (TM).

• “Thus, this receivership was instituted over a group of companies that are not and were not insolvent, yet Farm Credit is now seeking to bring into the receivership assets of the Non-Defendants, which are entities that are not obligated on the Farm Credit debt that the Receiver has already concluded can be satisfied in full from the assets currently in the receivership. This prompts the question: what is this effort by Farm Credit really about? The answer appears to be that this is about a pillage and burn strategy by a creditor that may itself have exposure under lender liability for the close relationship its loan officer had with the former CFO of Uncle Nearest who has been accused of the very alleged malfeasance and fraud that form the basis of many of the allegations asserted by Farm Credit in its Complaint and that led to the alleged loan defaults that have put the Uncle Nearest companies in this current predicament. The Receiver has already acknowledged that the issues related to the alleged fraudulent conduct of the former CFO are significant.16 Since this is an equitable proceeding and the Court has been bombarded with unfounded accusations against Uncle Nearest and the Weavers, it is important the Court be aware that potential claims exist against Farm Credit for its actions and the actions of its officers leading up to this lawsuit.”

  • I cannot believe another lawyer will try to infer things about Senzaki personal relationships. Fawn really wants that included so badly. I didn’t report on that, I in fact refused to because what someone does in their private life has ZERO to do with their professional duties. Kinda like how I didn’t report on who was kissing who on the dance floor at company events. It’s absolutely irrelevant. While Senzaki will have to face the music because his signature is on documents, he’s unlikely to be the super duper criminal mastermind behind everything. Also, Farm Credit WAS dumb for trusting the Weaver’s so much, I have to agree with Mike here.

The next several sections list case law, and history of Tennessee actions in these matters. It’s boring legalese and is standard legal defense, however one part appears to be the defendants key argument. I bolded it for ease of use.

• “Farm Credit’s effort also fails because it can’t meet the bare requirements that would be relevant to a determination that any of the Non-Defendants should have a receiver appointed. This Motion to Clarify and the Statement by Farm Credit go far beyond what is simply an effort to protect assets that are property of the receivership from dissipation—this is an effort to wrest control over separate Non-Defendant companies based on mere allegations of potential facts and on factors significantly less rigorous than the very factors that the Court required to be considered in appointing the Receiver over Uncle Nearest in the first place. While Uncle Nearest had consented to the appointment of a receiver in the Loan Documents, had defaulted in payments to Farm Credit, and had pledged all of its assets to secure the debt to Farm Credit, the Non- Defendants have done none of that. They are not parties to the Loan Documents, they have not defaulted on any obligations to Farm Credit, and they have not pledged any of their assets to secure the Farm Credit debt. Surely, the Non-Defendants have at least an equivalent right to the same analysis and burden of proof for divesting their directors of control over their businesses as Uncle Nearest’s board had in its defense of the initial receivership motion.”

  • Fair points, but, again, that commingling thing could unravel that argument.

This filing sure is more interesting than watching Sunday with the Weaver’s (TM). Watching that show requires two lung darts by the way.

• “It is indisputable that a finding of alter ego and expansion of the receivership to control these Non-Defendants would do more harm than good because, as will be further explained infra, at least one of these Non-Defendants and the Uncle Nearest entities are prohibited from being under common control by applicable state and federal law. Causing them to be under joint control would cause one or both of the entities to have to cease operations. With respect to all of the Non-Defendants, the disruption to their operations from being placed under receivership would cause significant financial damages similar to the financial losses to the Uncle Nearest entities that have been caused by the receivership, as recognized by the Receiver in his Report.28 Since the Non-Defendants are not obligated on the Farm Credit Loans and hold no collateral securing those Loans, the question of the adequacy of Farm Credit’s security has no relevance. Finally, Farm Credit has not alleged, and has certainly not provided, any evidence that any of the Non- Defendants are insolvent. In sum, with respect to the Non-Defendants, Farm Credit has not proved a single one of the same factors that this Court weighed in determining that Uncle Nearest should be under receivership control.”

  • And now finally something actually about Humble Baron. One of the entities would in fact have to close, something about not being able to hold a DSP and a restaurant/bar or something like that. Remember though, if this is a separate entity, why doesn’t Humble Baron pay any RENT for the land they occupy?

• “Since Farm Credit is disguising a general piercing of the corporate veil argument in the form of expansion of the receivership without identifying a single asset held by the Non- Defendants that is collateral to Farm Credit or that belongs to the receivership estate, the effort should be dismissed out of hand as inappropriate. If the Court decides it should be considered, then, at a minimum, Farm Credit should be required in this diversity action to meet the standard for piercing the corporate veil under Tennessee law with respect to each of the Non-Defendants. Indeed, as noted above, the court in Elmas, which was actually dealing with a federal question case rather than a diversity case, still referred to state law factors in resolving a request by the receiver to expand a receivership to include other legal entities.”

  • I didn’t think they were disguising it. I interpreted it as a very direct attempt at piercing the corporate veil, again, the HOUSE MAN. THE HOUSE. I guess, perhaps since the other bank issued a mortgage that maybe they own it? Cute.

• “Humble Baron, Inc. Is Not the Alter Ego of the Any of the Uncle Nearest Entities Humble Baron, Inc. (“Humble Baron”) is a Delaware C Corporation that operates a bar called the Humble Baron Bar, which is located at Nearest Green Distillery. Humble Baron is owned 100% by a blind trust for which Keith Weaver is the beneficiary. The Humble Baron Bar is a full-service bar that serves Uncle Nearest’s products as well as branded spirits manufactured by other distilleries and operates under a written lease with Uncle Nearest Real Estate Holdings, LLC that runs to 2030, with additional extension options. In addition to its on- premise sale of alcohol, Humble Baron undertakes sales of retail merchandise online, exploration of locations for future growth, and various creative works under development (TV shows, film, books, etc.). Other than lessor/lessee relationship and the sharing of certain expenses due to the on-site proximity of the businesses, there is no connection of Humble Baron to the Uncle Nearest companies and neither of the companies exercises control over the other. Humble Baron has its own employees (separate payroll), bank accounts, vendors, clients, financial statements, etc. Because Humble Baron sells spirits on-premise by the glass, the ownership and control of Humble Baron is required to be completely separate, directly and indirectly, from the ownership and control of the Uncle Nearest companies in accordance with applicable three-tier/tied house laws. That separateness has been maintained at all times.”

  • I’m going to put this as delicately as I can. This section from the lawyer could be a very big self-own. A real life stepping on a very big rake.

Madness had one of the great hits of the 80’s. I really liked that song. Also, mainlining cold brew makes a blogger cat need to go.

• “With respect to Humble Baron, in his Motion to Clarify, the Receiver notes that the ownership and control of Humble Baron is required to be separate from Uncle Nearest for liquor licensing purposes and that, although Humble Baron operates on the Nearest Green Distillery property, Humble Baron “appears to be separate financially from Uncle Nearest.” The Receiver provides no evidence that addresses the factors for establishing a receivership, expanding a receivership, or proving alter ego status under the Continental Bankers factors with respect to this entity. Farm Credit’s Statement flatly ignores the Receiver’s determinations of financial separateness and states that “[t]he funds and operations of Uncle Nearest and Humble Baron appear to be comingled such that Humble Baron falls within the scope of the Receivership Assets.”40 This conclusion is based on several false premises. First, Farm Credit asserts that Uncle Nearest, Inc. made a payment to Levy Premium Foodservice Limited Partnership (“Levy”) on behalf of Humble Baron. This statement is incorrect and exemplifies the fact that Farm Credit has made literally no effort to confirm the veracity of any of the allegations it has made in its Statement.”

  • Note the “appears” to be separate…. hard to tell when the financial records were supposedly deleted…. but not gone forever. I love that the lawyer is calling the bank a liar. Also, from what I’ve seen, it’s probable that Levy hasn’t been paid, so the lawyer is probably telling the truth which would be a pretty slick move.

• “Levy is a management company that previously provided exclusive and comprehensive management and operational services, including event management, to Humble Baron and Shelbyville Barrel House BBQ, LLC under a Management Agreement. During the term of the Management Agreement, Levy provided certain services related to three shareholder events for Uncle Nearest that were held on the premises of the Nearest Green Distillery and the HumbleBaron Bar. These shareholder events were solely for the benefit of Uncle Nearest, Inc. and the costs associated with such events were the direct obligation of Uncle Nearest, Inc. Indeed, correspondence between Levy, acting as management of Humble Baron, and Uncle Nearest in April 2024 confirms that the charges were due from Uncle Nearest.”

  • Which since it’s a Weaver owned entity, Humble Baron got paid, but Levy did NOT? So weird.

• “In 2024, Levy filed a complaint against Shelbyville Barrel House BBQ, LLC and Humble Baron, Inc. seeking to recover unpaid management fees, including fees related to the three shareholder events that were for the sole benefit of Uncle Nearest, Inc. The claims of Levy were ultimately settled and, per the Settlement Agreement, a series of payments were to be made to Levy. In order to resolve the portion of the Levy settlement attributable to Uncle Nearest Inc. for the three shareholder events, Uncle Nearest paid the amount owed directly to Levy in furtherance of the Settlement. Thus, the payment by Uncle Nearest, Inc. was for its own obligation and resulted in an equivalent decrease in Uncle Nearest’s liabilities. Thus, contrary to the assertions of Farm Credit, the payment by Uncle Nearest Inc. to Levy was entirely proper and does not support any finding of comingling.”

  • Still, Humble Baron got paid, but Levy did not? So weird.

• “Farm Credit’s next assertion, that Uncle Nearest’s payment for the Guiness World Record designation was improper, is based on apparent willful ignorance of the symbiotic business marketing relationship between Uncle Nearest and Humble Baron, which relationship exists in practically every iteration of a distiller/retailer relationship. Uncle Nearest is not the first distiller to lease space to a separate full bar or restaurant concept within its distillery. While the companies are completely separate as required by the three-tier system and applicable tied house laws, the benefit to the distillery that the bar concept brings is significant retail traffic to the distillery and increased exposure and visibility for the distillery. Consequently, providing distillery space for an on-premise bar, even for little or no rent, provides a significant opportunity for the distillery to increase retail sales of its products and to promote its brands. Similarly, positive national recognition for the bar that includes recognition for the distillery where the bar sits is in the best interests of the distillery.”

  • NO RENT. And this doesn’t do much to dispel the banks assertion. It’s Uncle Nearest FUNDS, for a supposedly separate entity. This could be another rake that was unnecessarily stepped on.

First Rule of Law Club. Don’t step on rakes.

• “With respect to the Guiness World Record recognition, as is clear even from the articles cited by Farm Credit in footnote 8 of its Statement, practically every article about the world record designation, and the Guinness website itself, prominently recognizes, if not emphasizes, the bar’s location at the Nearest Green Distillery. This promotion was not by chance but was a specific goal of the Uncle Nearest’s management and justified Uncle Nearest seeking and paying for the world record designation in the exercise of its reasonable business judgment. The management of Humble Baron, which was a start-up entity, would not have approved payment of the Guiness World Record expense because, due to its location in the small town of Shelbyville, Tennessee, the bar’s retail sales were not projected to be increased enough to justify the cost of the world record designation. For Nearest Green Distillery, on the other hand, with more of a world- wide market for its products, the additional notoriety from the World Record was anticipated to lead to significant additional press for the Distillery and the Uncle Nearest Brand that would make the world record designation pay off. Thus, Uncle Nearest’s decision to pay for the Guinness World Record fees does not evidence any commingling of the businesses, improper activity, any basis for an alter ego finding or otherwise support expanding the receivership.”

  • Awwww Mike, just when we thought you were a serious fellow doing serious work, you had to include this in the filing. Of course it wouldn’t be approved, it was a dumb expense for anyone. It’s clout chasing, and ineffective clout chasing at that. But, when the same owner has access to a gigantic piggy bank full of other peoples money, then it’s an easy spend. Which is the entire point of Farm Credit asking for inclusion. Also, isn’t it incredible that all of these separate businesses got paid and so many non-weaver owned businesses HAVEN’T?

• “Farm Credit further falsely asserts that Humble Baron has no lease for its operation of the bar on the Uncle Nearest real property. Again, if Farm Credit had even a passing knowledge of the regulatory environment in the spirit industry (or simply asked anyone with knowledge), it would have known that Humble Baron having a written lease (or evidence of ownership of the property) for its operating premises is required as part of the process of obtaining a liquor license in Tennessee. So, either Farm Credit knew the statement was false or simply decided to make the allegation without any effort to determine the veracity of it as is required under Rule 11. In any event, as noted previously, Humble Baron and Uncle Nearest Real Estate Holdings, LLC are parties to a written lease, which is a requirement of Humble Baron even being able to operate as a full-service bar.”

  • I seem to recall the “little to no rent” thing…. I don’t recall the bank saying no lease, I’ll have to check this, because if my coffee brain recalls correctly, they asserted “no rent.”

• “Fawn and Keith Weaver are not obligors on the Farm Credit debt and are not personally liable to Farm Credit. Indeed, the naming of the Weavers personally as Defendants in this case was completely unnecessary, was done for the apparent purpose of injuring the reputations of the Weavers and harming their business interests. The Weavers are not obligors on the Farm Credit debt, are not guarantors of the Farm Credit debt, and there is no count of the Complaint that asserts a claim against the Weavers individually, even though the Complaint asserts that they are named both as officers of Uncle Nearest and individually While the Weavers did pledge certain real property assets to secure the Notes to Farm Credit, those pledges do not create personal liability on behalf of the Weavers, nor do they subject the non-pledged assets of the Weavers generally to satisfy any of the Uncle Nearest debts to Farm Credit. It was completely unnecessary for Farm Credit to name the Weavers personally as defendants—if Farm Credit intended to seek foreclosure or the appointment of a receiver over the same against the pledged properties as an in rem action, it is only necessary for the properties themselves to be named, not the owners. However, Farm Credit didn’t simply name the Weavers as Defendants, Farm Credit intentionally conflated the obligations of the Uncle Nearest corporate Defendants with the personal obligations of the Weavers in an effort to damage the Weavers personally. Accordingly, the Weavers should ultimately be dismissed as party defendants in this case..”

  • And this legal assertion is a very key part to all of this, and likely why the Weaver’s continue to act like they’ll be fine when this is all said and done. Will it stick? That’s a big question. Grant Sidney owns an awful lot of UN, who is responsible.

• WHEREFORE, Humble Baron respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.

You made it this far, and this was only the Humble Baron filing.

Ok, now that was a lot. Thankfully it seems that the Humble Baron got most of the big things out of the way, if there are any redundancies, I’ll skip them going forward because holy cow this will be a forever update if I don’t. Let’s get to Grant Sidney’s filing, the largest shareholder of Uncle Nearest, owned by Fawn Weaver.

• “Grant Sidney, Inc. incorporates by reference the Response of Humble Baron, Inc. to Motion for Clarification of Receivership Order and Statement of Farm Credit and restates and adopts the factual and legal arguments therein. In addition to those facts and legal arguments, Grant Sidney, Inc. provides the following analysis specific to its situation.”

  • Oh thank the cat gods, they did it for me.

• “Grant Sidney, Inc. is a Delaware Corporation owned 100% by Fawn Weaver. This entity holds approximately 40% of the outstanding shares of Uncle Nearest stock, which makes it the largest shareholder of Uncle Nearest, although not a controlling shareholder. Grant Sidney also has an array of interests that are unrelated to Uncle Nearest. Grant Sidney holds no assets of Uncle Nearest. As the largest shareholder of Uncle Nearest, Grant Sidney exercises only that level of control that is allowed under the Charter and By-Laws of Uncle Nearest, Inc. and under Tennessee law. Grant Sidney maintains its own books and corporate records, maintains its own separate bank accounts, and is not insolvent.”

  • It does hold 80% voting rights according to Fawn. We are happily sharing those assets owned by Grant Sidney, but it is interesting to note that UN employees and officers have worked on Second Rose, which is owned by Grant Sidney.

• “In its Statement, Farm Credit cites the fact that Grant Sidney provided substantial capital to the Uncle Nearest Defendants in 2025 and asserts that these transfers somehow create a basis for piercing the corporate veil or expanding the receivership.5 However, the 2025 transfers by Grant Sidney, all made during the forbearance negotiations with FarmCredit and the threats of receivership made by Farm Credit, provide no evidence to support a finding of alter ego status or otherwise support expanding the receivership. As an initial matter, it is important to note that the transfers in question were all transfers from Grant Sidney to the Uncle Nearest entities, not the other way around. If an equity holder of a company providing financing to that company is a basis for piercing the veil, then practically every small company in the U.S. should have its veil pierced because investing capital in a business is the nature of an equity investment and such equity investments are the life-blood of practically every small business. Several courts have recognized that an owner providing capital to a company, especially in a situation of distress, should not serve as a basis for an alter ego claim where there is no evidence that the owner repaid itself to the detriment of other creditors, even if documentation is not perfect.”

  • Yes, the bank did in fact cite that. This was not in dispute. Straw Man argument aside, this was not the entire basis for the banks argument. Also a reminder, no Weaver owned entity is owed, and there are many entities owed money from years of non-payment. This latest loan may be an exception. Notably the last line, “even if documentation is not perfect” sounds like foreshadowing.

What’s a lil oopsie when it comes to documentation between companies?

• “Even if the 2025 investments by Grant Sidney were initially incorrectly booked, that is not uncommon for complex transactions and certainly not uncommon for a company in financial distress and seeking funds to avoid receivership. Even where a company is not in financial distress, it is often the case that transactions are booked with the understanding that, if not corrected sooner, correcting entries will be made, if necessary, at year end when the annual books are closed for tax return purposes and with the input of the outside tax accountant in preparing the returns. In that process, the external accounting firm preparing the tax returns will review the relevant transactions and advise the company of any necessary corrective entries. Since the books for 2025 for the Uncle Nearest entities have not yet been closed and the investments in question made by Grant Sidney were made in circumstances requiring quick action, it is not surprising that some minor classification mistakes were made. What is abundantly clear is that the source of the funds was clearly documented in the books of Uncle Nearest.”

  • Some admissions happening in this section. “Even if” means yeah, we probably botched it. Also, the acknowledgement that the company was in financial distress, FINALLY. It’s also true that it’s not surprising that mistakes were made, I mean we are talking about companies that have made them at seemingly every step of the way.

• “In this case, all of the capital infusions at issue by Grant Sidney all occurred in early to mid-2025, when Farm Credit was threatening to put the companies into receivership. Grant Sidney initially intended to provide the cash by purchasing barrels, but due to the speed at which the transactions needed to be completed based on pressure by Farm Credit, the barrel purchases never actually occurred. Many of the cash infusions, such as cash provided by Grant Sidney to fund Uncle Nearest’s payroll in early 2025, were simply booked with the understanding that any correction needed to the entries would be made when matters settled down.”

  • Well now this is fascinating!! Purchase of barrels!! Paging Quill and Cask, paging Quill and Cask! Grant Sidney paying UN payroll? Did this include Humble Baron payroll too? This segment opens up so many more questions.

• “As noted above, some of the investments in the first quarter of 2025 by Grant Sidney were initially booked as barrel sales but were to be recharacterized as loans. On April 15, 2025, again in direct response to the pressure being put on the Uncle Nearest entities by Farm Credit, Grant Sidney entered into a Subordinated Loan Agreement with the Uncle Nearest entities, under which Grant Sidney agreed to treat the capital infusions up to $30 million as loans. A copy of the Subordinated Loan Agreement was provided to Farm Credit immediately after it was executed. This loan document evidences adherence to corporate formalities even in the face of extreme pressure from Farm Credit.”

  • BOOKED as barrel sales! I can’t believe Senzaki wasn’t to blame for this!!! Extreme pressure from Farm Credit is pretty funny when you think about it. They seemed pretty patient for a long time, until they weren’t.

• “WHEREFORE, Grant Sidney, Inc. respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.”

  • Don’t worry folks, only several more WHEREFORE’s to go.

Oh you’re still here, ok, here we go with 4 Front Street, not to be confused with 4 Park Street.

4 Front Street-

• “4 Front Street LLC incorporates by reference the Response of Humble Baron, Inc. to Motion for Clarification of Receivership Order and Statement of Farm Credit and adopts the factual and legal arguments therein. In addition to those facts and legal arguments, 4 Front Street LLC provides the following analysis specific to its situation.”

  • Whew.

• “There is no known entity with the name “4 Park Street, LLC.” However, 4 Front Street, LLC, which has a similar name, is a limited liability company in which Keith Weaver owns a minority interest. 4 Front Street LLC has no connection to the Uncle Nearest entities.”

  • I was going to mention this above, because I thought it strange the HB filings would reference 4 FRONT Street and not the requested 4 PARK Street LLC. However, there is in fact a known entity with that name (image below) it’s a Delaware LLC. Unsure at this time if it’s in any way related to the Weaver’s or UN, but I’m glad the attorney brought it up and gave us some idea on it. 4 Front Street is likely related to a Juke Joint of some sort, currently there is a juke joint in that area, known as Dem Grown Folks. Which oddly, Fawn mentioned a Grown Folks cocktail in a social media post somewhere. It’s all likely just a coincidence though.

• “With respect to this entity, the Receiver asserts in his Motion to Clarify that “this entity is owned by Keith and/or Fawn Weaver. It maintains bank accounts at similar banks as Uncle Nearest and, upon information and belief, the Weavers are signatories to those bank accounts. Its purposes and function are unknown to the Receiver.”3 As noted above, Keith Weaver is only a minority owner of this entity, and Fawn Weaver holds no ownership interest. Keith Weaver is a signatory on the entity’s bank accounts—Fawn Weaver is not. The Receiver provides no evidence that addresses the factors for establishing a receivership, expanding a receivership, or proving alter ego status under the Continental Bankers factors with respect to this entity.”

  • I w0nder if William T. Cheek is also an owner. He is the registered agent for the LLC, and works for a law firm called Adams & Reese, which did work for UN and was apparently unpaid for a long time.

Delaware charges a lot for filing info and since I’m not a self-declared $1.1 billion company with access to investor money, it’ll have to do that someone with the means to research it will have to carry this one for us.

• “Farm Credit’s Statement goes further than the Receiver by stating that “a significant overlap appears to exist between the operations, finances, and likely the personnel of Uncle Nearest and the Additional Entities.”4 Farm Credit has provided no evidence to support this unfounded allegation.”

  • This seems to be a blanket assertion by the lawyer in most of the filings.

• WHEREFORE, 4 Front Street LLC respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.

  • WHEREFORE count is now at 3 for those of you keeping score at home.

William T. Cheek. That P.O. Box address also shows up a lot in the LLC’s.

Everyone say hello to Will.

You’re still reading this far? HOWWWWWWW?

CLASSIC HOPS-

• “Classic Hops, Inc. incorporates by reference the Response of Humble Baron, Inc. to Motion for Clarification of Receivership Order and Statement of Farm Credit and adopts the factual and legal arguments therein. In addition to those facts and legal arguments, Classic Hops, Inc. provides the following analysis specific to its situation.”

  • WHEW with a capital W.

• “Classic Hops Brewing Co.” is a potential DBA of a corporation called Classic Hops, Inc., which is Delaware C Corp. owned 100% by Keith Weaver. Classic Hops, Inc. is an innovative beer brand and brewpub under development and has no connection to any of the Uncle Nearest entities. With respect to this entity, the Receiver asserts in his Motion to Clarify that “[u]pon information and belief, this was a concept began by Keith Weaver. It is unclear whether this entity was ever incorporated or fully operational.”3 The Receiver provides no evidence that addresses the factors for establishing a receivership, expanding a receivership, or proving alter ego status under the Continental Bankers factors with respect to this entity.”

  • While true that it doesn’t have ties directly to UN, it does have ties to Grant Sidney which owns the TradeMark.. Ooopsie. Grant Sidney is the largest shareholder of Uncle Nearest. Grant Sidney is not owned by Keith Weaver, but by Fawn Weaver. Why did Fawn Weaver sign for the Trademark via Grant Sidney and not Keith who the filing says owns the thing that isn’t really a thing? Can we get a WHEREFORE?

• “WHEREFORE, Classic Hops Brewing Co. respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.”

  • WHEREFORE counter stands at 4.

I posted this before wayyyy down below, but figured you might’ve forgotten.

Weaver Interwoven Family Foundation-

• “Interwoven has not been established as a separate legal entity but is simply a name under consideration for a proposed charitable venture to manage the philanthropic efforts of Keith and Fawn Weaver.”

  • Oh boy. I hope they didn’t plan to run their charity the way they ran their businesses.

• “With respect to Interwoven, the Receiver asserts in his Motion to Clarify that “[t]he ownership and function of this entity is unknown, but it appears in certain corporate records of Uncle Nearest.”3 The Receiver provides no evidence that addresses the factors for establishing a receivership, expanding a receivership, or proving alter ego status under the Continental Bankers factors with respect to this entity.”

  • Calling out the receiver is quite the move here. Almost calling him a liar. Almost. ALLLLLMOOOSSSST.

• “Farm Credit’s Statement goes further than the Receiver by stating that “a significant overlap appears to exist between the operations, finances, and likely the personnel of Uncle Nearest and the Additional Entities.”4 Farm Credit has provided no evidence to support this unfounded allegation.”

  • One might get the idea that the Weaver’s do NOT like this bank very much.

• “WHEREFORE, Weaver Interwoven Family Foundation respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.”

  • Good thing we didn’t make this a drinking game or we’d all be shipwrecked by now.

Things sure get interwoven in this case.

NASHWOOD-

• “Nashwood, Inc. is a Delaware C Corp and a hospitality, entertainment, and real estate company that is owned 100% by Keith Weaver. Nashwood provided real estate project management services to the Nearest Green Distillery at one point approximately two years ago, for which an outstanding balance remains due from the Distillery, and provides occasional event related services to Nearest Green Distillery similar to the event services previously provided by Levy Premium Foodservice Limited Partnership (“Levy”). Nashwood is also involved under contract with Shelbyville Barrel House BBQ, LLC and Humble Baron, Inc. to provide management services. Otherwise, Nashwood has no financial or operational connection to the Uncle Nearest entities and neither controls nor is controlled by those entities.”

  • Nashwood Inc also holds the TradeMark for Nashwood Studios. I also thought that this entity did some other things related to UN things, and also Weaver things…. Also, since it’s a Weaver owned entity, it was paid.

• “With respect to this entity, the Receiver asserts in his Motion to Clarify that Nashwood operates the Tolley House Bed and Breakfast in Lynchburg, Tennessee and that “it shares a common corporate address with many of Weavers other corporate entities.”3 Nashwood no longer owns the Tolley House Bed and Breakfast and, in any event, that business has no connection to Uncle Nearest. The Receiver provides no evidence that addresses the factors for establishing a receivership, expanding a receivership, or proving alter ego status under the Continental Bankers factors with respect to this entity.”

  • Possibly right about this. This might be under Shelbyville Grand umbrella?

• “Farm Credit’s Statement goes further than the Receiver by stating that “a significant overlap appears to exist between the operations, finances, and likely the personnel of Uncle Nearest and the Additional Entities.”4 Farm Credit has provided no evidence to support this unfounded allegation.”

  • Never miss an opportunity to take a swipe at the bank. Also, there’s a WHEREFORE imminent.

• “WHEREFORE, Nashwood, Inc. respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.”

  • WHEREFORE COUNTER- 6.

Aww, that's life, In NASHWOOD. Where what's bad, just seemed to be good.

QUILL & CASK-

• “Quill, is a Tennessee LLC owned 100% by Keith Weaver. The company’s business purpose is to purchase, hold and sell assets for profit, including real estate, bulk whiskey, and other assets. It has no connection to Uncle Nearest other than having made barrel purchases from Uncle Nearest. The Receiver’s Motion to Clarify incorrectly indicates that Quill is owned by Fawn and Keith Weaver. However, it is and always has been owned 100% by Keith Weaver. The Receiver further states that “[Quill] has contributed capital to Uncle Nearest from time to time, and has purchased barrels of spirits from Uncle Nearest.”3 The Receiver provides no evidence that addresses the factors for establishing a receivership, expanding a receivership, or proving alter ego status under the Continental Bankers factors with respect to this entity.”

  • Listen, I get all this mixed up myself, it’s hard to tell where Keith begins and Fawn ends most of the time. I’d give the receiver some credit here, he’s got a lot right so far, mixing up who owns what is a feature, not a bug. Still I love that they call him out for being incorrect, when it’s alleged that when the receiver asked Keith about Q and Cask, Keith feigned ignorance. So spare us please.

• “Farm Credit’s Statement references a purchase of barreled whiskey by Quill from Uncle Nearest reflected in an executed Purchase and Sale Agreement (the “PSA”) that was provided to Farm Credit at the time of the transaction (as acknowledged by Farm Credit).4 However, Farm Credit then proceeds to assert that it was not aware that the buyer under the PSA was affiliated with the Weavers and Uncle Nearest.This is patently false.”

  • The bank hasn’t just lied according to the Weaver’s, but their pants are wholly on fire too!

• “Second, Farm Credit’s feigned surprise that the PSA was with an entity related to the Weavers is nonsense, as the signature of the “Q and Cask, Inc.” representative on the very PSA that Farm Credit acknowledges having received is Keith Weaver. There is simply no way that Farm Credit was not aware that Keith Weaver was involved with the buyer when Keith Weaver executed the very PSA that was provided to Farm Credit. Farm Credit implies that it was somehow misled in some undated conversation it had with some unnamed alleged advisor to Uncle Nearest. Even if the allegation was credible (it is not), Farm Credit cannot escape the fact that it simply had to read the PSA to see the connection to Keith Weaver. This is just another glaring example of an effort by Farm Credit to mislead the Court by knowing false statements or misleading statements being presented to this Court in order to create a false impression that Uncle Nearest and the Weavers have purposefully obscured facts, when that is clearly not the case.”

  • Any bets on who wrote these filings? Anyone? Also, why do they keep calling the bank a liar? I think that a bank that was filing a lawsuit to get their money back was far removed from surprise, feigned or otherwise.

Why were Quill and Cask, and Grant Sidney both so interested in purchasing barrels of Uncle Nearest whiskey barrels?

• “Farm Credit further points to a payment in the amount of $275,000 was made by Quill to Uncle Nearest as if it is some additional transaction unrelated to the PSA. Again, Farm Credit has a copy of the PSA, which provides a process for Quill to buy barrels from Uncle Nearest as Uncle Nearest. The $275,000 payment was made from Quill to Uncle Nearest in conjunction with the PSA.”

  • The question stands though, WHY was Keith Weaver trying to purchase barrels of whiskey from a company that his wife owns? Please let there be a wherefore.

• “WHEREFORE, Quill and Cask Owner, LLC respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.”

  • This is not a WHEREFORE free zone. We are now at 7.

Blogger Cat knows he would not be served BBQ at that restaurant if he dared show up to it.

Shelbyville Barrel House BBQ, LLC-

• “Shelbyville Barrel House BBQ, LLC is a Tennessee LLC that owns and operates Chuck’s Barrel House BBQ II. It is owned 100% by Keith Weaver. Chuck’s Barrel House BBQ II is a walk-up restaurant concept that also serves beer. The restaurant is located on the premises of the Nearest Green Distillery pursuant to a written lease. Shelbyville Barrel House BBQ, LLC maintains its own employees, vendors, receivables, payables, etc. Other than leasing its location from Nearest Green Distillery and the sharing of certain expenses related to the on-site proximity of the businesses, there is no business or financial connection to any of the Uncle Nearest business entities and each such business is controlled separately.”

  • If one single UN or NGD, or HB employee busses one single table this entire thing collapses. Also, this could be a real glitch as an argument could be made that 1099’s don’t qualify as “employees." Also, reminder that Chuck hasn’t yet renewed his TradeMark which expired quite a while ago.

• “With respect to Shelbyville Barrel House BBQ, LLC, the Receiver asserts in his Motion to Clarify only that “[t]his entity is believed to be owned by Keith Weaver. It operates from the Uncle Nearest/Nearest Green property, but appears to be separate financially from Uncle Nearest.” The Receiver has filed no evidence that addresses the factors for establishing a receivership, expanding a receivership, or proving alter ego status under the Continental Bankers factors with respect to this entity.”

  • I mean, do they pay rent?

• “WHEREFORE, Shelbyville Barrel House BBQ, LLC respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.”

  • Swear to the cat gods that if I ever hear anyone say “WHEREFORE” out loud, I will experience cold sweats and probably the shakes WHEREFORE COUNT- 8

There is only so much make believe a person can read in one day. Blogger Cat is nearing his limit.

Shelbyville Grand-

• “Shelbyville Grand, LLC is a Tennessee LLC, which is owned 100% by Keith Weaver. Shelbyville Grand owns and manages a host of real estate holdings, which include some warehouse space, a newspaper plant, commercial office buildings, vacant lots, etc. Nearest Green Distillery stores supplies at one of the warehouses. Storage fees are charged to Nearest Green Distillery monthly but a balance is due from Nearest Green Distillery, as no rental payments have been received since February 2025.”

  • The AU-FUCKING-DACITY of owning a company and claiming that you haven’t been paid by another company that your wife owns. There is no shame. NONE AT ALL. This company likely owns the Bedford Box Company LLC too. They own things. The Weaver’s open LLC’s for every idea they’ve ever farted out in their sleep.

• “With respect to this entity, the Receiver asserts in his Motion to Clarify that “this entity is owned by Fawn and/or Keith Weaver and operates from the same location as several other of the Weaver’s corporate entities. It is unclear the purpose or function of this entity but it appears in certain corporate records.” The Receiver provides no evidence that addresses the factors for establishing a receivership, expanding a receivership, or proving alter ego status under the Continental Bankers factors with respect to this entity.”

  • Remember folks, the records prior to 2024 were said to be gone, wiped clean by a disgruntled former un-named employee. But don’t worry, they aren’t lost forever. That it shows up in records that aren’t lost, is telling. please somebody hit the WHEREFORE button!

• “WHEREFORE, Shelbyville Grand, LLC respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.”

  • And on the 9th WHEREFORE, Blogger Cat had to hit the restroom.

I’m not saying this is a Weaver owned LLC. I’m alleging it.

Can you tell I was prepared for filing day?

UNCLE NEAREST SPURS-

• “Uncle Nearest Spurs VI, LLC is a Delaware Corporation owned 100% by Fawn Weaver and created for a special purpose that never came to fruition. The company has no operations, has no assets, and has no liabilities. It has no financial operational connection to the Uncle Nearest Defendants.”

  • There was a time when the San Antonio Spurs were bringing on investors to buy a stake in the team. This company was likely created to be a part of the ownership stake in Fawn’s probable favorite team. It didn’t come to fruition likely because the NBA oversight and due diligence is legendary. No Unicorns and Rainbows would keep them from uncovering things. If only First Dominion was so responsible. Also, I wonder if they ever paid their bill to the Pacers? Hit me the WHEREFORE!

• “, Uncle Nearest Spurs VI, LLC respectfully requests that the Court decline to expand the receivership to include the Non-Defendants or their assets and grant such other and further relief as is appropriate.”

  • How can we get some of that frequently mentioned “further relief?” WHEREFORE IS NOW AT TEN. You’d think we were done by now right? RIGHT? NOPE. We got one more. And I’ll let you know right now…. I need a recommendation for a carpal tunnel specialist.

There won’t be a sequel for this Rocky. Farewell good sir, hopefully you got paid.

Final Thoughts-

• The Weaver’s and Rocky amicably agreed to part ways and allow the Weaver’s to have a new attorney, which I mentioned above somewhere in all that legal dreck that was filed by the new guy.

• This was not a doozy by any means. There was a great deal of redundancy and copy/paste in the filings that I left out, other than the WHEREFORES. This wasn’t a legal tour de force by any measurement, and in some spots, it kinda made the banks case. However, the new lawyer was playing a very weak hand, and presented it as strongly as one could hope for. It’s a losing battle though, but a valiant best possible effort, and who even knows how long he had to chat g pt it, errr I mean, put it all together. Some parts really sound like Fawn wrote it, but I could be reading into that too much, but I swear, that Senzaki thing is just disgusting and frankly I’m surprised a lawyer bothered to include it without being instructed to.

• It will likely be celebrated by the Weaver’s as a huge win, and she will probably excitedly tell you that the gag order is off. It was off, and it’s still off.

• We won’t know if it’s a W until the judge rules.

• Based on the thoroughness of the original complaint by the lawyers representing Farm Credit, I suspect that Farm Credit already has their response ready to go, as well as the documents the court requested. Likely too that the receiver is ready as well.

• I believe that the Weaver’s probably know that their relationship with the receiver is not a cozy one and never was.

• I expect that the gloves are off now.

• I think we all need a drink.

• I think that over the coming days I will be diving deeper on some of these filings.

• With all that, I’m off to go and watch Kandi now, because I know she’s tired. I’m tired.

While you slept, I typed. Now you read, and I sleep.

So many things hang in the balance of CEO cat’s ability to drop doozies. This was the clean version of the picture btw.

UPDATE 10/21-

The countdown begins… It’s filing day for the Tentities (TM). I can’t wait to see if we get an actual doozy for once, or another “fat free, gluten free, sugar free, carb free, additive free, substance free” doozy. Perhaps we should shorten that doozy to a “Skinny Southerner” doozy? Perhaps another TM is in order? Anyway, going to do a couple “did you knows?” until court documents are available.

• Did you know that one of the Tentities, Classic Hops Brewery (owned by Grant Sidney) had their trademark extension filed on June 27th, 2025?

Can you imagine starting a brewery these days? Classic Hops, King Narmer? Like, beer is in bad shape people.

• Did you know that Grant Sidney, which is wholly owned by Fawn Weaver, and is the largest shareholder of Uncle Nearest (maybe?) was once named VR Investments? That’s right.

• The company VR Investments articles of incorporation were filed in 2013. 20,000 shares were issued at $1.00 per share.

• In 2016 they changed names from VR Investments to Grant Sidney. Why? I have absolutely no idea.

• In 2021 they updated some addresses and whatnot, and guess who was listed as the CFO and Registered Agent for Grant Sidney? That’s right, Mike Senzaki.

• What does this mean? Nothing really, it’s just a little history lesson.

The more you know.

• Did you know that in January of 2025, Grant Sidney filed for change of registered agents from Mike Senzaki, to Rhonda Davis?

Awwww Mike, you were there from the beginning, to know what you know…..

• Did you know that before Uncle Nearest, there was another Grant Sidney owned company named Nearis Green. I’m guessing she heard this name and registered it first, and her book narration (which she does herself remember) she calls him Nearis multiple times.

• This company was incorporated in July of 2016, via LegalZoom.com (I’m biting my tongue here).

• The CEO was Keith Weaver.

• The President and Secretary? Fawn Weaver.

Note the board of directors.

• About a year or so later, they refiled, and changed their address to Deaderick Street in Nashville. That address keeps coming up too. Know what else is filed at that address? Second Rose.

• In this revised filing, Keith is still CEO.

• Fawn is still President, and Secretary.

• Keith and Fawn are the ONLY directors on the board.

2017

• In 2019, Nearis Green was merged with the Delaware company Uncle Nearest Inc.

• Admittedly, Uncle Nearest is a much better name for a brand.

• Fawn was still listed as President at the time. She admitted that she lied about this, and her reasoning was about the only lie I understood the “why.”

If you didn’t enjoy being part of the Happy Wives Club, perhaps you’d prefer the Skinny Southerner club….

UPDATE 10/20-

10/21 is the due date for the Tentities (TM) to submit their justification to NOT be included in the receivership. Fawn has promised another doozy (TM) and I’m sure it will have very high entertainment value and percentages. So while we wait for the filing, let’s do another Trademark piece. I promise it’ll be short.

• Grant Sidney holds a trademark for a thing called “Skinny Southerner” which is quite possibly a lifestyle/diet book.

• It’s not that outlandish when you consider the Weaver’s once had a fitness business.

• It’s also possible that she knows just how much Betheny Frankel got paid for Skinny Girl Margs….

• A lifestyle/diet book like this might help you work off all that King Narmer beer you’ll have to drink to show your fealty.

• Is it possible she got the idea when body shaming people in her circle? Anything is possible.

• Can the goals of the book be achieved by eating lobster and not having a company credit card to pay for it?

• Will it be a book written by the world famous ghost author, Chiatt G. Peatea? Like another best seller possibly was?

• I’ll bet $4.86 of my own money that there won’t be pre-orders on the company dime.

Also, Second Rose is looking more and more like it was supposed to be the “rebranding” of Square One Vodka, which is looking more and more like Uncle Nearest bought it, but never actually PAID for it.

Grant Sidney LOVES that address.

I am curious if the TM will be renewed. Like a lot of other bills, it’s now overdue.

Unicorn Cat seems to love building companies around historical figures…..

UPDATE 10/18-

As we inch closer to the filing date for the targeted entities, here’s a small look at the Narmer trademark held by Grant Sidney. I mentioned Narmer a few days ago, namely that it was TM’d as a Cognac, but there’s likely more to it than that. Let’s do a tiny and I do mean TINY history lesson.

• King Narmer was an Egyptian King, who is widely known to be the unifier of Egypt around 3150 BC.

• He apparently owned what might be the oldest known brewery which is likely over 5000 years old.

  • I’m sure there’s a Guinness Book of World Records award in there somewhere….

• Before the pyramids of Giza were built, Egyptians buried their royal dead with boatloads of beer, in what was a true honor for the time.

  • I dunno folks, kinda sounds like the Egyptian Nathan Green, except that if you think it’s difficult to be in Whiskey right now, Beer is like, hold my beer.

Fawn apparently loves to read about something and then own it.

There’s that address again.

We can’t forget the branded swag, always need the branded swag.

I’m surprised there isn’t a plan for a Burger King Narmer restaurant. FORESHADOWING ALERT!

The trademark was renewed several times, this was the latest extension request.

I warned you about the foreshadowing….

Everything is fine. Nothing to see here, especially balloons.

UPDATE 10/17-

While the courts are currently quiet, that doesn’t mean that lots of things aren’t going on behind the scenes. While some folks are preparing to launch their IG live cooking show, others are doing actual meaningful things We have some of that for you today. I promise it won’t be long, and is mostly about odds and ends and possible foreshadowing, you know how much I love foreshadowing. Let’s start it all off with a bang shall we?

• Remember the sexual harassment lawsuit that was filed awhile back? It’s on automatic stay as of October 3rd, due to the receivership/Farm Credit thing. Why is this notable? It’s notable because the attorney that once represented a former employee, is now seeking employees both current and former to join in a potential class action lawsuit that probably includes wage theft, toxic work environment, not getting breaks, retaliation, harassment, 1099 classification, etc…Please note I am not affiliated in any way with any law firm representing any current or former employee, nor should one see this as an endorsement of any such firm.

  Jerry Boies, Esq.

  The Boies Law Firm, PLLC

  Email- jboies@boieslaw.com

  www.boieslaw.com

  535 Fifth Avenue

  4th Floor

  New York, NY 10017

  (212) 729-0085

• The Distillery has cancelled, errrr postponed I mean, the 6th Anniversary party of the distillery that doesn’t distill (date was in September 2025 btw), the balloon festival in October and the winter wonderland event in late November. These three events say “coming soon” and when you click on them, it still says coming soon.

  • Foreshadowing alert! I’m betting these are not coming soon at all as they probably do not generate money, and the receiver likely isn’t keen to spend that $2.5 million the bank just gave him to keep the engine running on balloons, fake snow and other assorted things that don’t make money.

• Speaking of things that don’t make money, Humble Baron. How much longer can that bar remain open?

  • It’s supposedly a separate entity, is living rent free on Uncle Nearest property, and probably hasn’t made a dime in profit. Remember, if it’s a separate entity, it owes Uncle Nearest an awful lot of money for that silly Guinness Book of World Records for longest bar thingy. Maybe they already paid it back. Ok, back to reality, I know that if I had plans to attend holiday events at HB, I’d probably make backup plans, just in case something insane happens…

• What if Second Rose was meant to be the rebrand of Square One Vodka?

• I can’t find anything so far that shows a revenue generating business owned by Grant Sidney. Doesn’t mean it doesn’t exist, just can’t find anything.

  • This makes me wonder about if Square One was to become Second Rose, who paid for it to be under Grant Sidney and not Uncle Nearest?

• Remember when I mentioned Narmer down below? Oh wait, I said this would be short, I’ll save that for tomorrow.

• 4 Park Street LLC is possibly related to something for actual Park Street a separate entity not affiliated with the Weavers/UN but a distribution entity. So why the separate LLC to possibly deal with an outside company? Well, if I knew that I’d tell you. These rabbit holes are insanely complex, and often leave me with more questions than I started with.

• Something I thought was interesting was that Victoria Eady Butler recently (and I do mean recently) applied for a trademark for her V. Eady Butler (it’s on the bottle labels, check it) signature. Why is this significant? It might not be, but I found it interesting based on how it wasn’t already trademarked, that it was filed on September 13, 2025, and that it wasn’t using an agent that the Weavers frequently used. Read into that what you will. Or won’t.

Filing for a trademark ain’t cheap, don’t think I didn’t consider a few of the expired ones myself….

Uncle Nearest is up eleventy thousand percent and is ranked number 1 in everything including best smash burger.

UPDATE 10/13-

The receiver has filed a Motion of Compliance to the court. Thank goodness it’s quick and to the point. I’ll post the pictures below too. Remember, my commentary is italicized.

From the motion-

• “I hereby certify that on the 30th day of September 2025, I caused a true and correct copy of the foregoing, Motion to Clarify, Court's Order regarding the Motion to Clarify, and Order Appointing Receiver to be served upon the individuals/entities listed below in the manner indicated:

• Shelbyville Barrel House BBQ LLC

  • Chuck didn’t renew his TM on the original Barrel House BBQ, Chuck if you’re reading this, act quickly before Grant Sidney snaps it up.

• Shelbyville Grand LLC

• Grant Sidney INC.

• Quill and Cask Owner LLC

  • Where oh where have those barrels gone? Where oh where can they be?

• Nashwood INC.

  • This company does all sorts of things. You’ll see.

• Humble Baron INC.

  • We already know that Uncle Nearest paid a settlement for Humble Baron, and paid Guinness Book for the longest bar award that surely hasn’t caused more whiskey to be sold.

• 4 Park Street LLC

  • This one is perplexing to me, and I’ll have to trust the receiver for wanting this included. I just don’t know enough about it to be snarky, but don’t worry, that will change soon.

• The following three entities were either never formally established or do not have assigned Registered Agents. For service on these three entities, Attorney Michael Collins, counsel for Keith and Fawn Weaver, has agreed to accept service on their behalf. Those entities are:

  Uncle Nearest Spurs

  • This was allegedly an LLC designed to invest in the San Antonio Spurs when the Spurs were considering investors.

  Classic Hops Brewing Co.

  Weaver Interwoven Family Foundation"

  • They’re still missing a few LLC’s but if Grant Sidney and the others are included in the receivership, they’ll find them. I mean, If my clown ass can find them, professional forensic teams surely can.

Notice the registered agents? Those names keep coming up.

4 Park Street could be fun. So could 4 Front Street?

Mike looks like a good dude. I feel for him. Hopefully he’s paid in advance.

None of this would have happened if Unicorn CEO Cat had simply read the writing on the wall.

UPDATE 10/11-

Researching things in this case has often led me down rabbit holes that seemingly have no end. Sometimes they just stop cold, and I move on. Every now and then I stumble upon something, and it goes, and goes, and goes…. So for today’s update we are going to do several pictures about a little company that is named “Second Rose.”

• Second Rose is an INC, formed in Delaware.

• It’s currently delinquent / revoked as of 2023.

• Not that notable so far right? Like why and how does this apply to Uncle Nearest?

• Firstly, Incorporating Services LTD is a registered agent for lots of companies. They do a lot of UN stuff too.

• Coincidence you say! Get to the point you say!

Incorporating Services LTD is likely owed money…. just saying.

• You’re thinking ok, still a rather large and loud “SO WHAT?!!”

• The original owner of the Second Rose Trademark was wait for it, Grant Sidney.

• The more recent application for the same Trademark is wait for it, ALSO Grant Sidney.

• You’re starting to get it right?

• Grant Sidney is owned by Fawn Evette Weaver.

• Yes I used her government name. I’ve had wine.

• Fawn owns Grant Sidney.

Well, well, well, would you lookie here?

• Ok, so Fawn owns Grant Sidney, and Grant Sidney applied for a TM for Second Rose. Why is that notable Cat Guy (TM)?

• Oh I dunno, maybe because in many mythologies Second Rose means “Transformation” and it’s also a spirits company not named Uncle Nearest that’s owned by Fawn Weaver’s company!

Just in case you thought I was making this all up.

• Isn’t it odd that it’s a California thing now? Should we start the under/over on the Weaver’s moving from Tennessee if Uncle Nearest gets sold?

• Also, that address seems familiar somehow. I wonder what’s also there?
  

Irell and Manella LLP are probably owned money too right? Everyone is probably owed money. Hell, the quarters owe the dimes at this point.

Odd thing to compete with yourself no? Also, so unfair to beers.

• Yeah, but didn’t you say it was an old Trademark. No I didn’t. It was an old TM that had expired, but the new one had a request for an extension guess when?

• June 27th, 2025.

• What happened not too long after that date?

• Yeah, you know.

The signature looks like all those signed bottles doesn’t it? Oh those signed bottles, gonna be evidence?

• I’m not sure this was even the first attempt at a spirits company.

• There was also a Trademark registered to Grant Sidney called Harry T. Burn.

Harry’s story is a fascinating one. He was very important in women gaining the right to vote in the United States.

• Yes, we’re still going, I told you upfront about the damn wabbit holes.

• Just in case I got the wrong Second Rose, here’s another.

• Febb and Catts. Who the hell is this? Remember above when I mention Harry? Febb is Mom. Go look up the story, I’m doing live updates not history lessons. Who is Catts? You know I’m tempted, but no, Catts is also important in the women’s Suffrage movement. What’s this got to do with anything?

Beer gets absolutely NO love. So unfair.

• It’s the second attempt at Febb and Catts by the way.

• The first attempt was disbanded.

• The Second attempt was made in January 2024.

• Yes, another spirits company not named Uncle Nearest.

Don’t worry, be happy.

• They sure make it easy when they keep applying for every damn trademark on earth.

• Just wait, I have a really funny one to close this update with.

That address sure keeps showing up more frequently than Popeye looking for spinach during a bar fight.

• You probably think we’re about done right?

• Remember I said I had wine?

• Remember I said some rabbit holes go on and on and on?

• Yeah, this is one of those rabbit holes of tomorrow that have worm holes that blast you to hyperspace.

• Come on cat guy, the next one has to be beer right? You always foreshadow….

Hmmm. This isn’t Uncle Nearest…. Didn’t Uncle Nearest buy the Chateau? What is even this?

• Yeah, you’re surprised, I’m surprised, we are all surprised.

• Probably not as surprised as the investors though.

• Speaking of investing, First Dominion probably has some explaining to do, but that’s not to me, or you, but probably the SEC. No that’s not a division of College Football.

• Will this update ever end?

• Will they ever do ANYTHING WITH BEER?

Receiver Cat asked for this to be included remember? Oh yeah, Pepperidge Farms remembers.

• Finally some gosh darn BEER.

• Awww man, just kit not actual beer. But, somewhere that company exists I just haven’t found it yet.

• Ok, I’m tired of typing, so I got one last funyun for you to chew on.

• Go easy on the funyuns, they have a lot of salt, and it can lead to hypertension.

• Remember how Fawn keeps ramming The People’s CEO down our throats?

• Well…… this is probably why.

At least they haven’t trademarked #CLEARANCEtheshelves yet. And finally a Trademark not under Grant Sidney.

I’m wondering, does anyone know what the board of director cats actually do at Uncle Nearest?

UPDATE 10/10-

Welcome to the Number 1 ranked “Whiskey Blog that features cigarette smoking feral cats that does live updates on the Uncle Nearest mess” on planet Neptune. Self-proclaimed obviously, and if anyone wants to buy this LLC, it’s cheap, the books are clean, we don’t own any houses in Martha’s Vineyard, don’t owe banks or 100+ creditors, and aren’t being sued for harassment.

Couple of quick hits today.

Let’s meet the board of directors shall we?

• John Eugster

  “Managing Director - First Dominion Capital. Managing Partner- J2 Partners, LLC. Board of Directors Uncle Nearest Inc.,

  First Dominion is a boutique investment bank focused on investing in high-growth companies. John sources and funds deals, builds relationships with other investors (family offices, VC firms, PE firms, investment banks, and high-net-worth individuals). John has worked on many high profile acquisitions and financings. John has been involved in transactions as diverse as the acquisition and financing of hotel and apartment buildings and was part of a group that bid on the Los Angeles Dodgers and Dodger Stadium.
  
  Specialties: fundraising and originating deals. John has been involved with private financing transactions for companies in a number of leading technology, social media, digital media, life science, and cleantech companies backed by well-known Silicon Valley Venture Firms.
  
  John worked at Bear Stearns, CIBC Oppenheimer, and Wachovia Securities. John worked on the institutional sell-side covering the middle markets and managed money on a discretionary basis. Mr. Eugster's clients managed money that ranged from one hundred million to north of two billion dollars in AUM.
  
  Prior to his career on Wall Street, he founded a men's and boy's clothing manufacturing company, Momentum Sportswear, Inc. In addition to the Momentum Sportswear brand, John was the exclusive licensee of the Mark Spitz swimwear collection. John personally raised all of the funding for Momentum Sportswear and oversaw all areas of the company for seven years after which time he sold the company and the trademarks. Mr. Eugster holds a Bachelor of Arts degree in Business Economics with an accounting emphasis from the University of California, at Santa Barbara.”

  • I’m interested in where all the numbers that were shared with investors came from. Being at First Dominion, I’m sure there was some due diligence done by the firm prior to pitching investors on series A thru E right? Did the board approve the quarterly numbers presented to the 6th Men and Women? Did the board approve getting a loan from Farm Credit? Is the board of directors a group of puppets controlled by the alleged Senzaki mastermind? I still have 8 lives left so I can spare one for curiosity.

• That claim of being the number 1 ranked distillery in the world is so extra. Every outrageous claim of success reminds me of a scene in Monty Pythons Holy Grail- “If I went around saying I was an emperor just because some moistened bint had lobbed a scimitar at me, they'd put me away!” Who “awarded” that to Uncle Nearest? What criteria? When? Where’s the link to that story? Or is it just another self-declared award? Anyone can declare themselves the best at something, do you know how many “best burger in the world” awards there are? At least ten in New Orleans alone.

Everyone say hello to John, a board of directors cat.

Maybe it won’t be a Theranos situation, but a WeWork one. Either way, probably no founder.

UPDATE 10/9-

It seems like every time I do a baby update like today, something happens. So, baby update for now, with mostly thoughts and whimsy.

• The more I pay attention to the details of the receiver report, the more I am leaning towards Uncle Nearest surviving as a company, sort of like the way WeWork did (didn’t end up worth what it was “valued” at).

  • The company will probably get stripped of most of the acquisitions that were foolhardy at best, and dumb at worst.

  • Debts will be rectified best they can. Creditors hopefully paid.

  • What’s left will get valued, and then possibly sold.

  • I can’t believe that in any version of the multiverse, that there will be a buyer that keeps the founder on to run the company. They will want equity, or outright ownership, and the Investors might get something. Will they get what they put into it? I don’t know, but I also don’t think this company gets valued anywhere near $200 million.

• I think we are going to find that Uncle Nearest funded an awful lot of things (LLC’s) that have absolutely nothing to do with Uncle Nearest and whiskey making. My searches have turned up a few LLC’s that may or may not have received monies from UN and they aren’t part of the receivers request for inclusion. Could be defunct, or unknown, time will tell.

I’m not saying this is a Weaver LLC, I’m saying that it lines up in the timeline and possibly is.

When Oracle says “OH YEAH!” Things are not fine.

UPDATE 10/7-

Well, that didn’t take long. Oracle just filed to receive documents like TDG, and WhistlePig. I guess Larry Ellison needs a kegerator for his billionaire doomsday bunker on Lanai, so now Oracle is in line. Why Oracle? Well, they bought NetSuite, who wait for it, wait for it, is owed money by Uncle Nearest. I suppose we should keep a running list of Kool-Aid cats bursting through walls. Three so far. More to come.

Also- Fawn unpinned the “Take all their money” video which is sad, because the cringe factor was the most awarded in all of history.

Also Also- Love the new/old style video, hard to keep up with current trends when the piggy bank is empty.

Thank god these things are short and to the point. Otherwise you’d be scrolling for a bit.

Blogger cat sometimes feels compelled to answer questions from the audience, so here goes.

UPDATE 10/6-

Not really an update today, but I saw a good question in some comments on the socials, so I figured I’d answer it here. Also some quick hits as well.

• The question posed was straightforward, “How do they have $108 million unpaid, yet are investing millions of private equity money for minority owned businesses?”

  • Well, to make it as short as possible, they technically did NOT invest that money in minority owned businesses. They said they were going to, and probably contributed some cash, but ultimately did not live up to their obligations to those brands they claimed to have invested in. The Equiano Rum story has been told already. Sorel is another that was probably severely underfunded, and Square One was probably not paid at all.

  • The Venture Fund never delivered $50m to brands. I’m not even sure that there was $50m to begin with. Was there an intention to use that fund to do what was promised? Possibly. Intentions aren’t action however, and it’s just another failure in a long list of them, and the cost to the brands themselves was catastrophic.

  • Essentially, it looks like a lot of money was spent on the bright new shiny object whenever one appeared (Martha’s Vineyard house, Cognac chateau, juke joint, another house, clothing, house for friend on their property, horses, farms, etc..) and they never really seemed to be able to consolidate the gains and make anything whole. Just look at the “distillery” and you’ll see that it doesn’t make whiskey, but they built a still, never doing the hard thing to make it actually produce because it looked the part and that was enough.

  • I am still trying to figure out why they took out the bank loan to begin with. Around the time of the loan, they had recently finished another funding round and should have been fairly flush with cash, perhaps not enough.

QUICK HITS-

• Senzaki can’t be the mastermind and to blame for everything can he? I think not.

• The claim about the missing records prior to 2024 is ludicrous. You telling me there aren’t backups somewhere? QuickBooks help desk can’t help? Come on. Vague claims about a rogue employee deleting everything before they left? I mean is there one solitary competent member of management anywhere within that company?

• Lastly, I wonder who will be the next company to get in line behind TDG and WhistlePig? Monalto? Advanced Spirits? All of the unpaid Lawyers? Time will tell.

The Pig has entered the chat.

UPDATE 10/3-

Don’t worry, this update will be short and sweet, after all you’ve read, you deserve short and sweet in your life once in awhile. You may recall that not long ago Tennessee Distilling Group filed a request with the court to be updated on all goings on due to the amount of debt they were owed by UN. Well, we have another entity that’s lined up at the trough. WhistlePig has now filed a similar request.

Many of you are probably asking some form of this question- What in the “pork is the other white meat” has WhistlePig got to do with Nearest Green? Let me consult the bible errr.. Love and Whiskey real quick. Oh right, debt.

• WhistlePig transparently has sourced their rye whiskey from Alberta Distillers in Canada.

• They use a 100% rye mash bill.

• Like many other whiskey companies, they periodically release excess or unwanted inventory to the market for sale to other brands, sometimes with brand to brand direct sales, sometimes to the brokerage market.

• Some of this Rye has likely been used in Uncle Nearest Rye whiskey which shares the same 100% rye mash bill.

• If the rye itself was not sold directly by WhistlePig, the debts they are owed could be due to bottling services or things of that nature.

• WhistlePig is owed monies. Like roughly 100 or more (give or take) vendors/companies/contractors who haven’t been paid, as referenced by the receiver having his ears chewed off on the telephone.

• Fun fact, Alberta Distillers is owned by Suntory Global Spirits (Jim Beam).

The Pig wants to eat.

Receiver cat delivered the first evidence, errr, I mean report to the court.

UPDATE 10/2-

The report is in, it’s filed. There’s a lot to go over and it’s daunting, but don't worry, I stayed at a Holiday Inn Express last night. Before we get started, there’s already a lot of confusion about the opening statements appearing that everything is fine. It’s in the details where you can see what’s likely happening. Let’s break it down, and you know I’ve got thoughts. Let’s go.

• “This receivership presents some unique challenges given the size and complexity of the operations of Uncle Nearest, Inc. and its affiliates (collectively, the “Company”), the debt structure of the Company, and the high visibility of this matter. However, the Receiver is very encouraged about the long-term viability of the Company based upon what he has learned in the first five weeks of his service in this matter. The Receiver believes that the Company has significant value and can be reorganized, as a going concern, on a relatively quick timeline. The Receiver does not believe that a fire sale liquidation of the Company (be that as part of this Receivership or as part of a bankruptcy proceeding) is necessary or in the best interest of this Company. While some non-income producing assets may be sold as part of this receivership, the Receiver believes that the core of the Company’s business can continue with a refinanced debt structure or, alternatively, can be sold as a going concern”

  • On the surface, sounds like everything is good. But the details… refinanced debt… sold as a going concern… and hasn’t ruled out bankruptcy… sounds good for the company, but for who? A new owner?

• “Further, the transition to this receivership has been as smooth as one could possibly hope. The founder, management, and employees of the Company have been very cooperative with the Receiver and has granted the Receiver full access to the Company and its records. Due to this cooperation, the Receiver and his team of professionals quickly integrated into the financial and operational control of the Company, and have continued working cooperatively in that regard with the Company’s founder and management team. The Receiver has also found the Company’s primary secured lender, Farm Credit Mid-America, PCA (“Farm Credit”), to be very cooperative with his efforts. The Receiver has been in frequent contact with counsel for Farm Credit, and the Receiver’s financial advisors have been providing bi-weekly, in-depth financial reporting to Farm Credit’s financial analysts. In summary, the opportunity for a positive conclusion to this matter is good due to the cooperation of all constituents, and because of the Company’s opportunity for future growth.”

  • Everyone is playing nice. Also we know everything is fine, Fawn keeps telling us that. Daily.

The gag order was removed when the receiver was put in place, but hey, at least we get more song and dance.

The receiver then lays out the format for continued reporting for the next several months.

• Tasks Accomplished.

• Challenges.

• Tasks in Progress.

• Financial Report.

• Conclusions, Recommendations and Request.

TASKS ACCOMPLISHED-

• “The Receiver filed certified copies of this Court’s Receivership Order in the United States District Court for the Middle District of Tennessee, and in the United States District Court for the District of Massachusetts. The Company owns assets in both of these districts, thus necessitating these filings.”

• “The Receiver has retained counsel in France who is working to translate the Court’s Receivership Order into French and file it with a court of competent jurisdiction in the Cognac region of France.”

  • Foreshadowing alert!

• “he Receiver gained full access to the physical facilities of the Company and to all software, computer platforms, and records of the Company immediately after his appointment.”

  • And what did we find? Foreshadowing Alert #2.

• “The Receiver immediately secured multiple bank accounts in the Company’s corporate names at three banks, and moved those funds to accounts over which only the Receiver has control. Bank accounts remain in a French bank, over which the Receiver will not have exclusive control until the French courts recognize this Court’s Receivership Order. Likewise, the Receiver does not have control over bank accounts in the names of certain entities that are detailed in the Receiver’s Motion for Clarification filed with this Court on September 12, 2025.”

  • Just casually add another reason to warrant inclusion of the other LLC’s. Smooth move.

• “Critically, with the assistance of his financial advisors, the Receiver developed a thirteen-week budget for the operations of the Company, and presented that budget to Farm Credit for approval. The budget included line items totaling approximately $1 million in immediate cash needs in order to pay delinquent, necessary operating expenses so that the Company could continue its operations somewhat uninterrupted. It also included line items totaling approximately $1.5 million for the estimated professional fees associated with this receivership through that 13-week budget period. But for these $2.5 million in extraordinary expenses, the budget presented to Farm Credit was a balanced budget, demonstrating that the Company’s revenues could cover its operational expenses over the next thirteen weeks. The Receiver reached a forbearance agreement with Farm Credit whereby Farm Credit agreed to fund the $2.5 million deficiency in exchange for the Receiver’s agreement to certain operational and financial benchmarks.”

  • The bank is still providing money to UN to keep the lights on. This also might be the first budget the company has ever actually run on. Life on the road is obviously very different when you aren’t spending other people’s money and have to live with what you have.

CEO cat likes to sign things. Probably not just bottles.

• “The Receiver met with Tennessee Distilling Group (“TDG”), an entity which distills, bottles and stores certain of the Company’s products. During the meeting with TDG, the Receiver physically inspected the Company’s barrels and finished cases of product. From TDG’s records, the Receiver was also able to reconcile the Company’s barrel count, which the Receiver understands was a key issue in this underlying litigation. The Receiver provided the reconciled barrel count information to Farm Credit.”

  • TDG records are likely very accurate and not susceptible to the alleged Senzaki sorcery, or those that directed his alleged dark artistry.

• “The Receiver met with the Company’s largest distributor, once in-person and several times by video conference. From those conversations, the Receiver was able to ascertain and address certain challenges that existed in the Company’s relationships with some of its distributors. It is the Receiver’s belief that, as a result of those conversations and implementation of certain action items, the Company’s distribution network is strong.”

  • RNDC is definitely going through their own challenges right now, but being run by a CEO Cat isn’t one of them.

• “The Receiver obtained the most recent version of the Company’s capitalization table from the Company’s prior counsel. Based upon conversations with shareholders, the Receiver determined that the capitalization table is incomplete and inaccurate. He and his team have begun the task of reconciling the existing capitalization table with known or ascertainable shareholders.”

  • This is one of the most smokingest of smoke since the Ron Howard film Backdraft. INACCURATE is a nice word play here.

• “The Receiver, with the assistance of his financial advisors, has begun evaluating the Company’s financial statements and reports. The Receiver believes that certain of these financial statements are inaccurate or incomplete; he and his team are working with source data to update the Company’s financial reporting.”

  • With so much inaccurate or incomplete stuff in all these reports, who decided on what nonsense to shovel to the investors during the quarterly reports?

• “The Receiver has begun an investigation into allegations made by the Company’s founder regarding certain financial improprieties committed by a former employee. Based upon the records of the Company, discussions with employees, and his review of third party investigation reports, the Receiver believes that there is validity to some of the allegations. The Receiver will continue his investigation into these matters in future months in order to determine whether this receivership estate has any valid causes of action to pursue.”

  • Note the use of the word “SOME” in regards to the allegations made by Fawn. We have all known Mikey Mike was going to face some troubles for his signatures on documents, but we also figured that he will end up a very powerful witness down the line….

Who doesn’t like a double feature now and then?

• “Relatedly, the Receiver has also begun to investigate whether any current employee or member of the management team has misappropriated funds. To date, the Receiver has found no evidence of misappropriation, theft, or financial impropriety by the Company’s founder, its management team, or any current employee. While there have been multiple transfers among related entities, the Receiver has found no evidence of defalcation to date.”

  • Yeah, I had to look up defalcation (embezzlement). Also note the use of “To Date” here, that means “so far” and so far has only been five weeks….

• “The Receiver met with a number of potential investors, in person, by telephone, and by video conference. Based upon these conversations, the Receiver believes there is significant interest in the market for future investment in the Company, whether by debt refinancing, purchase of stock, or purchase of substantially all assets of the Company as a going concern. The Receiver intends to continue discussions with these parties, though he does not intend to accept offers until his financial advisors have produced independently verifiable financial statements, from which the Receiver can assess the value of the Company and its assets.”

  • There is obviously value in the company. This is no surprise. The question is WHAT is the value, and no one knows this. You can’t sell something if the reports are inaccurate, and no self declared valuations will work anymore.

• “The Receiver, through counsel, assessed the incorporation status of all entities related to the Company. For any companies whose incorporation status was inactive, the Receiver is taking all necessary steps to return the companies to good standing.”

  • The receiver clearly knows what he’s doing. The experience he has is why he was selected by the judge.

• “The Receiver, his financial advisors, and his operational advisors spent considerable time assessing the current operations of the Company. As a result of those assessments, the Receiver made significant cuts to the operational expenditures of the Company, including reducing its workforce by twelve employees, or 13%. The Receiver continues to evaluate the workforce and expenditures of the Company, in an effort to increase its operational efficiencies and become more profitable.”

  • Layoffs, he’s talking about layoffs. 13% now, and they’re unlikely to backfill people that have resigned unless their role was critical to operations.

• “The Receiver has been able to partially restore shipments from TDG, who had previously placed the Company on a credit hold in the wake of this matter, though discussions concerning the full release of product being held by TDG is ongoing. The Receiver anticipates new product releases over the next quarter, which should continue to improve sales of the Company’s products.”

  • I love the mans optimism. TDG possibly agreed to this with the understanding that they would file to get access to all documents. There is still substantial debt owed here.

Mon Dieu, ca va être mis en vente

• “The Receiver evaluated certain non-income producing properties owned by the Company. More specifically, the Receiver found that the Company owned non-income producing real estate in Cognac, France; Martha’s Vineyard, Massachusetts; as well as multiple properties in Bedford County, Tennessee. The Receiver found that all of these properties were purchased for specific business purposes, and that they all had the possibility of producing revenue (directly or indirectly) in the future. However, given the current cash position of the Company, the Receiver is evaluating which of these properties should be liquidated by the Receiver in order to satisfy existing debt.”

  • Anyone want to buy a cognac business?

• “It is the Receiver’s opinion that the Company would need to invest between $15 million - $25 million additional funds in order to introduce a cognac line to the market. The Company lacks the ability to make that investment at this time; therefore, the Receiver has determined that these assets should be liquidated. The Receiver has already received one offer for these assets and has received at least two additional inquiries. The Receiver anticipates filing a motion with this Court seeking to sell the assets once he determines the highest and best binding offer.”

  • Empire is crumbling. Can’t blame the Foundation or even the Second Foundation for that.

CHALLENGES-

• “Cash flow has been a major challenge to this receivership, especially during the first two weeks of the Receiver’s service. Due to a variety of factors (for example, credit holds on product shipment, legal fees incurred by the Company, and the impact of this litigation on sales), revenue collections were down significantly when the Receiver assumed control of the Company. Combined with the fact that a number of critical vendors and other expenses were in significant arrears, it was difficult for the Receiver to continue normal operations during the first two weeks. Fortunately, cash flow concerns have eased considerably during the last two to three weeks. Product is being released to satisfy purchase orders, sales are increasing, expenses are decreasing, and the Receiver has worked with Farm Credit to inject necessary capital in the Company. The Receiver believes that the cash flow crisis has eased, though cash flow will continue to be closely monitored.”

  • It doesn’t take a masters in finance to understand that the company was in deep deep trouble at the time of the Bank filing the lawsuit. The debts are beyond just the bank loan. At this point the bank had no choice but to add additional funding to UN to keep it from being swallowed by a giant sink hole.

No more SUV service to and from accounts due to budget cuts makes a CEO cat very sad.

• “Another challenge to this receivership is the sheer volume of creditors and shareholders. The Receiver has been contacted by hundreds of constituents asking about the status of the Company and how this receivership impacts their interest in the Company. “

  • HUNDREDS. I didn’t ever get a masters in finance, but hundreds sounds like a lot, probably more than tens, or dozens.

• “As discussed in more detail below, the absence of solid financial controls and the unreliability of certain financial records has been a challenge in determining historical sales and expenses that would aid with forecasting future sales and expenses. That challenge has been compounded by the fact that a substantial amount financial records before 2024 were erased from the Company’s computer system. According to multiple employees at the Company, those records were erased by a former employee immediately after termination. The Receiver is working to recover some or all of those financial records.”

  • Excuse me you said WHAT NOW? So convenient….. I wonder which person this will get blamed on. Senzaki has already been blamed for faking the moon landing, will he get this unceremoniously pinned upon him as well?

• “The absence of the observance of corporate formalities among related entities has been another challenge for the Receiver and his staff. Many of the companies that are subject to this receivership action have comingled assets and liabilities to the point in which they are best viewed as a single enterprise. That has made determination of lien priority, and separation of liabilities among corporations, very difficult.”

  • SINGLE ENTERPRISE, another point for inclusion of the other LLC’s.

• “Finally, the unreliability of records relating to shareholders of the Company has been a challenge for the Receiver. While he is in possession of a capitalization table, the Receiver’s research and conversations with various constituents leads him to believe that the capitalization table is inaccurate. The Receiver believes that the capitalization table fails to recognize a number of secondary market sales, including certain sales of shares that previously belonged to Fawn Weaver.”

  • If it was unreliable, who was responsible? It can’t always be the damned Senzaki Sasquatch can it? Or is there a new soon to be revealed villain that caused this, because it can never be the CEO’s responsibility for anything right? RIGHT?

• “The Receiver believes the Weaver shares were transferred by a former employee of the Company, perhaps without authority to do so. While the capitalization table does not contain an accurate recitation of the current shareholders of the Company, at this point the Receiver does believe that all shares of the Company are represented on the capitalization table. In other words, the Receiver believes that the capitalization table correctly lists all shares, but incorrectly lists the names of all shareholders.”

  • Siri, what is the definition of incompetence?

Someone has been noticeably absent from the socials for quite some time……

TASKS IN PROGRESS-

• “The Receiver has identified a number of tasks that need to be undertaken and/or completed in the future. Some of these tasks are operational, some financial, and some legal. While some of these tasks will take hours to complete, others will take weeks. Nevertheless, here are the tasks that the Receiver believes lies ahead in this receivership.”

  • Anyone with a passing interest in this saga has understood that at some point there would be a legal angle to this story. To see the receiver say so is fascinating.

• “As the Receiver has conversations with shareholders, he has begun to ask them for proof of funding and copies of the documents they were given with their purchase of shares. In the near future, the Receiver anticipates that his counsel will attempt to contact all known shareholders (whether listed on the capitalization table or not) in order to gather necessary information to confirm capitalization table information.”

  • Imagine having to build an actual CAP table for a company that advertised itself as a $1 billion company.

• “The Receiver’s financial analysts are working on gathering source data to recreate certain financial reports. The Receiver thinks it is critical for the Company to have financial statements that have been created under his independent direction, for which he can verify the accuracy.”

  • Imagine having a CEO that thought the same way.

• “Once the Receiver has compiled independent financial statements, he intends to reach out to potential investors and/or asset buyers who have shown interest in the Company. Until the Receiver has financials upon which he can reasonably rely, he has no way to determine the accurate market value of the Company or any of its assets. The Receiver anticipates accepting offers for refinancing debt, purchasing shares of the Company, and/or purchasing substantially all assets of the Company upon the verification of the financial reports. Once the Receiver determines what he believes, in his business judgment, is in the best interest of the Company, he intends to file a motion with this Court recommending that course of action.”

• “In the interim, the Receiver is investigating the sale of the non-income producing assets such as the cognac business assets, the vodka business assets, and the real estate that is not essential to the core business of the Company. As mentioned above, the Receiver has already begun receiving offers on the cognac business. He is in the process of obtaining valuations and appraisals on all other non-income producing assets.”

• “ The Receiver has also begun interviewing investment bankers to potentially assist with the sale of certain assets of the Company. He plans to begin the vetting process over the next month.”

  • Folks, pay attention here. When he can assess the value of the company, it’s SOLD. And that’s after he sells off the non-money producing assets to pay the bank, the creditors etc.. No one will want to buy the business if it’s loaded with all of these liabilities. Any buyer will likely be buying a clean Uncle Nearest…. Read into that any which way you want.

As Big Bad Voodoo Daddy once sang, “So long farewell, baby bye bye….”

• “The Receiver and his financial staff are also continuing to work on filing all delinquent tax returns, assessing whether taxes are due, and making any necessary payments to taxing authorities.”

  • This was known, no revelation here. Also, this comment is foreshadowing.

• “The Receiver’s French counsel is in the process of translating this Court’s Receivership Order and domesticating that order in the French courts. This is a necessary step in order for the Receiver to sell any of the Company’s French assets, including the chateau and surrounding vineyards that it owns in Cognac, France. Domestication of the Receivership Order is also necessary for the Receiver to exercise control over a bank account maintained by the Company at a French bank; this account is believed to contain a modest amount of funds.”

  • There will never be an Uncle Nearest Cognac. This part of the story is about to be over.

• “The Receiver will continue assessing further budget cuts, and further actions that might be taken in order to increase sales and profitability of the Company. This includes working on cost-saving steps with vendors, and continuing to improve relationships with the Company’ distributors.”

  • I’m guessing more layoffs to come. I think when all is said and done there will have been a 30% reduction in labor.

• “Finally, the Receiver will continue to communicate candidly and transparently with all constituents of the Company, including vendors, creditors, employees, and shareholders. He believes that open and honest communications throughout this process will likely lead to more positive outcomes.”

  • This sounds different than the self declared “radical transparency.”

• “The Receiver believes that the goals and objectives of this receivership, as established by the Receivership Order and as explained in this report, can be achieved by the conclusion of the first quarter of 2026. While this schedule is somewhat aggressive, the positive outlook for this company’s future makes this an achievable goal in the Receiver’s opinion. He believes that it is in the best interest of the Company, its creditors, and its shareholders to not linger in receivership, due to the business interruption caused thereby.”

  • My prediction is that the bank / receivership matter is resolved by 3/1/26. But this is far from over beyond that.

BANKING-

• “The Receiver has instituted a policy that all significant disbursements must receive explicit approval from the Receiver before release. This control mechanism ensures that cash outflows align with the cash flow budget and that only necessary and authorized expenses are incurred. To reinforce this control, weekly reconciliations are performed for all bank accounts. These reconciliations serve to verify accuracy, detect any discrepancies, and confirm that no unauthorized transactions have taken place.”

  • This is called being a boss.

• “A rolling 13-week cash flow budget has been developed and is updated weekly to reflect the Company’s most current operating realities. This budget is reconciled against actual collections and disbursements every week. Any variances greater than 10% between budgeted and actual results are promptly identified, documented, and explained.”

  • This is what it means to have an adult in the room.

Fun fact about tax cats, they are always ready for what’s due to them.

PAYROLL AND TAXES-

• “The payroll process has been stabilized under the administration of the Company’s professional employer organization, Genesis Global. At the time of the appointment, the Receiver identified that the PEO account was underfunded, jeopardizing employee pay continuity. This issue has since been corrected, ensuring that payroll obligations are consistently met.”

  • Siri, what is the definition of underfunded payroll? Sure, the definition of underfunded payroll means that Genesis Global was probably owed money for services that probably hadn’t been paid.

• “The Receiver has completed an initial review of payroll taxes, excise taxes, business taxes, and property taxes. Several potential liabilities have been identified, and these obligations have been incorporated into the cash flow budget for planning purposes. The Receiver is currently working with appropriate tax authorities and external advisors to address all issues.”

  • This seems like a polite way of putting things. Jesus.

• “In addition, the Receiver is conducting an ongoing review of state-level excise and sales tax compliance. Preliminary findings indicate that Tennessee and New Jersey may have material exposure due to incomplete reporting and unpaid obligations. These issues will be prioritized in subsequent reporting periods. The Receiver may be filing a motion in the future seeking approval to pay taxes as a priority expense.”

  • Some CEO somewhere said to “take all their money.” I forget who. They probably shouldn’t have taken all of that money though.

VENDOR AND OPERATIONAL CONTINUITY-

• “All vendor notices are now being directed to the Receiver. This process has revealed several previously unidentified liabilities that were not adequately disclosed in the Company’s records. The Receiver has also secured and begun reviewing critical business documents, including supply chain agreements, bottling contracts, and marketing obligations. These reviews aim to identify operational risks and financial commitments that could have a material impact on cash flow.”

  • Remember, there are no records available prior to 2024. I’ll bet there’s a list somewhere of creditors owed, how much, and the length of time in arrears. So expect the receiver to continue to learn more and more as they go on.

• “An initial review of inventory storage agreements and bailment warehouse contracts is underway. This is necessary to confirm lien positions, assess obligations, and evaluate any potential risks associated with warehouse-held inventory. The Receiver may be filing a motion in the future seeking approval to pay warehouseman’s liens as a priority expense.”

  • What if the each barrel isn’t 100% owned by UN? What if a part of each barrel is owned by UN? What if other entities owned the remaining parts of each individual barrel? That could complicate things no?

This is exhausting. And you made it this far, so you get a “fat free, sugar free, gluten free, additive free” cookie.

FINANCIAL AND ACCOUNTING OBSERVATIONS-

• “The Receiver has determined that the Company’s accounting records cannot be relied upon for accurate financial reporting. Key deficiencies identified include: Non-reconciled balances create uncertainty about the accuracy of financial statements. Unusual accounting entries are lacking proper documentation. Improper revenue recognition practices may inflate the Company’s perceived financial performance.”

  • There is so much reading between the lines to be done here. No financials can be trusted. So anything CEO says on socials probably cannot be trusted.

• “The Receiver has also identified related-party transactions involving Grant Sydney, Inc. and Quill and Cask Owner, LLC, both insider entities. These transactions require further review of external records and supporting documentation, since these were not arms-length transactions.”

  • This game is for keeps and this will likely be the whole ball of wax if these transactions weren’t above board.

INVESTIGATION AND FORENSIC REVIEW-

• “The Receiver will expand his review of historical financial records to uncover any irregularities or potential recovery opportunities. Special focus will be placed on officer and insider compensation and/or expenditures, unusual financial transactions conducted by a former employee, and the identification of potential avoidable transfers. “

• “Tax advisors will be engaged to quantify exposures associated with any unfiled federal and state income tax returns. The Receiver will also evaluate potential claims or causes of action that could be pursued for the benefit of creditors, with a focus on maximizing recovery and ensuring equitable treatment of all stakeholders.”

CONCLUSION-

• “The Receiver believes that this receivership is progressing smoothly and that the opportunity for the Company’s successful emergence from receivership is very good. While challenges lie ahead, the outlook is positive. The Receiver hopes to present the Court with motions to sell non-essential, non-income producing assets over the next quarter, with plans to conclude this receivership in the following quarter via a total refinancing of the Company’s debt or a sale of the Company as a going concern.”

WRAP UP-

If you just read the opening bits, it seems like things are going quite well overall and that things will come out ok. The devil is in the details. Uncle Nearest may indeed be sold whole, but the whole won’t include everything that it currently does. The chateau looks like it will be sold, same with Square One, same with the MV house, same with property (Call Farm?) that isn’t producing revenue or is essential to the operation of the company itself.

While the receiver says there won’t be a fire sale, that’s a semantics argument. Lots of parts will be sold, he intends to sell them if the court will allow, and what will be left he will also sell after satisfying the bank, other creditors, the tax man, and then delivering a fact based valuation for some company or people to purchase.

In the end, Uncle Nearest will likely continue on, but it will likely look entirely different in so many ways. Remember, this is just the receivership/bank aspect of this case. There’s still the allegations against Senzaki that will probably play out in a separate court case (criminal), there’s still a possibility of an investor lawsuit if there’s provable investment fraud, which could then lead to a possible SEC investigation and case, and a whole lot of other potential problems.

Liquor store cat hates having to put things back the way they were as soon as the CEO cat departs.

UPDATE 10/1-

Happy receiver report day to all who celebrate. I want to temper folks expectations a bit, with the recent order by the court seeking more information from the 10 entities, any report delivered by the receiver to the court is likely to be incomplete, perhaps delayed, and could potentially be sealed if the court determines that there is confidential information involved.

If something is delivered to the court today, just know that my update will likely be delayed until tomorrow as I’m extremely busy with real life things for almost the entirety of the day and evening.

I’m sure that Janet will have some good updates if the court documents are viewable. You can likely find her work on kentucky.com

I can’t be the only one that zooms in on these things before reposting right?

Propaganda is a funny thing. If you only got your news from the UN and Fawn’s socials, you’d think that everything was just fine and dandy. As we all should know by now, social media is NOT real life. It’s presented as real, and many consume it whole cloth. Just because someone is in a store, with mountains of bottles doesn’t mean they’re selling wildly.

My favorite thing about Fawn autographing all of these bottles on the shelves, is that she marked them and we can now get an anecdotal idea of how long they sit. So if you’re in any of the places that she signed at, you can now track the progress of the local clear the shelves.

You all crack me up sending me pictures in my DM’s of the discounted stuff.

#CLEARANCEtheshelves

Big week or two for numbers nerds? Blogger cat was built for this.

UPDATE 9/30-

Short little update today, so don’t go crazy on the cold brew. The next 3-4 weeks should be coming at us at a frenetic pace. We are expecting the Judge to decide on whether or not to add LLC’s to the receivership, and the bank and the court should be getting the first quarterly financial report from the receiver. Remember, my commentary on court documents is italicized.

• The court issued an order today. It’s brief and to the point. The court has requested more information before it can determine whether expanding the receivership is appropriate. The court has ordered the receiver to serve that information on or before 10/14/25.

  • Guessing the bank info caught the court by surprise, and wants to confirm that the receiver also has this information..

• The court also ordered the ten entities listed for inclusion to respond to the motion on or before 10/21/25. Failure to respond will be viewed as a waiver of opposition.

  • The judge probably took his sweet ass time going over the receiver request for inclusion, and then looked over the bank arguments, and now wants to hear the Weaver’s reasoning for exclusion. There will be truck loads of documents to go over, from ten different entities.

• The court also ordered the bank to file all materials in its possession that it believes support expanding the receivership.

  • I said that the bank had done their homework, now the judge wants to grade it.

• The court also clarified some confusion- “Defendant Uncle Nearest Real Estate Holdings LLC falls within the scope of the Receivership Assets under the Order Appointing Receiver. The Court will include this clarification again when it fully resolves the Receiver’s Motion for Clarification of Receivership Order but in the interim, the Receiver may show this Order to any entity that questions whether the Order Appointing Receiver applies to Defendant Uncle Nearest Real Estate Holdings LLC.”

• Whiskey Decision on Instagram has a terrific post showcasing some different numbers, and it’s not TMZ style clickbait. Image below in case you’re not going to click the link.

• The barrel discrepancy reminds me of this story, and I’m sure it can’t just end in “Senzaki’s fault.” Fraud is fraud.

• Some of you probably prefer video to the typed words, so I recommend checking out Kandi over on TikTok as she’s doing video updates of the court documents as they land. I don’t do posts on socials about this case other than providing links back here, because the comments are wild. Kandi manages it well, so she’s worth a follow.

But I thought they were up 497% in Desoto, Texas?

At this point I wouldn’t rule out actual Moon Camps.

UPDATE 9/26-

While the judge has moved slowly on deciding whether or not to include other LLC’s in the recievership, Farm Credit just lit a match under his behind. The bank submitted a statement in support of the receivership order. It’s 10 pages long, but don’t worry, I’m just going with the highlights, or lowlights (still longish though sorry). So grab your beverage of choice, and gas up the Chrysler, here we go with the breakdown. Reminder, my commentary/thoughts/opinions will be italicized.

• “From information provided by Uncle Nearest to FCMA and from FCMA’s own diligence, a significant overlap appears to exist between the operations, finances, and likely the personnel of Uncle Nearest and the Additional Entities. Upon information and belief, some (or perhaps all as may be revealed by investigation) of these Additional Entities have received assets or proceeds of assets from Uncle Nearest or Uncle Nearest has paid such Additional Entities’ obligations to other parties directly (or vice versa).

  These assets or proceeds of the assets (which also constitute FCMA’s Collateral) transferred before the Receivership Order are Receivership Assets and the receipt and/or use of these assets should place these Additional Entities squarely within the scope of the receivership. Additionally, the failure of the Weavers and Uncle Nearest to recognize corporate formalities and division of finances with respect to the Additional Entities further warrant the inclusion of the Additional Entities under the Receivership Assets. To the extent the Receiver does not currently have sufficient information to determine whether any of the Additional Entities (or other entities that were not specifically identified in the Receivership Order) should be included as Receivership Assets, an order from this Court providing the Receiver access to the books and records of all potentially related entities is necessary.”

  • The bank appears to be very aware of the commingling of assets and money. Commingling can also be perceived as using company funds as their own. You know, it might be like having your own personal piggy bank that contains other peoples money. Keep a keen eye on the mention of “personnel” that’s no accident. In movies that’s called foreshadowing.

• “Grant Sidney, Humble Baron, and Quill and Cask are Receivership Assets.

  Uncle Nearest’s website states that “Uncle Nearest Premium Whiskey and Nearest Green Distillery are owned by Uncle Nearest, Inc.

  Uncle Nearest, Inc. is owned by Grant Sidney, Inc.. Grant Sidney, Inc. is wholly owned by Fawn Weaver.”

  Upon information and belief, in 2025, Grant Sidney made multiple wires totaling over $16 million to Uncle Nearest for the purposes of paying (a) payroll, (b) the $7.5 million paydown at the closing of the Forbearance Agreement, and (c) for other operating costs of Uncle Nearest. Further upon information and belief, Grant Sidney and Uncle Nearest maintained bank accounts at CalPrivate Bank. FCMA has not had access to the CalPrivate Bank account information from years prior to 2025, but Grant Sidney’s significant infusions of capital during this short time period to Uncle Nearest warrant an investigation by the Receiver into the source of these funds. These transfers are also an example of the lack of separation of finances between the Weavers, Uncle Nearest, and the other entities related to the Weavers.”

  • And they still couldn’t pay on time? I suspect that some corporate veils are about to be pierced. Remember, the investors have never seen an actual complete CAP table. No one is really certain who owns what and how much of it.

Did you know there’s a little known side effect to NDA’s? Yeah, they apparently cause mice to have six legs.

• “Humble Baron

  The funds and operations of Uncle Nearest and Humble Baron appear to be comingled such that Humble Baron falls within the scope of the Receivership Assets. One glaring example is the likely payment by Uncle Nearest, Inc. of at least one settlement agreement payment on Humble Baron’s behalf. On August 1, 2024, Levy Premium Foodservice Limited Partnership (“Levy”) filed a complaint against Humble Baron and Shelbyville Barrel House BBQ LLC for their failure to pay to Levy contracted amounts in the action styled Levy Premium Food Service Ltd. Partnership v. Shelbyville Barrel House BBQ LLC, et al., Case No. 24-0890-II, in the Chancery Court for the State of Tennessee, 20th Judicial District, Davidson Couty, Tennessee (the “Levy Litigation”).

  On July 23, 2025, the presiding court in the Levy Litigation entered an agreed order filed by the parties to the Levy Litigation, which reflected that the parties reached a confidential settlement agreement (the “Levy Settlement Agreement”) and noted that, by September 15, 2025, they expected the terms would be satisfied. Upon information and belief, Uncle Nearest, Inc. made at least one payment directly to Levy after execution of the Levy Settlement Agreement. This settlement payment, alone, demonstrates that FCMA’s Collateral has been used to fund Humble Baron’s obligation.”

  • I had a feeling that Levy case would come up again, and it has. I think as this proceeds down the line, we will probably see all sorts of UN funds being used in goofy ways that are questionable ethically…. Speaking of which, here comes the goofy stuff.

• “Upon information and belief, Uncle Nearest made a payment to Guinness World Records on March 22, 2023, in the amount of $82,500. Uncle Nearest made a second payment on April 29, 2024, in the amount of $42,500. On March 23, 2023, Guinness World Records named Humble Baron as the holder of the record for longest bar in the world. These payments further demonstrate that FCMA’s Collateral has been used to fund Humble Baron’s business endeavors.”

  • The apparent clout chasing has a real cost. $125,000 for a humble brag. I still wonder if Death and Co ever got paid for that bar design.

• “Additionally, despite Humble Baron’s location on the Nearest Green Distiller property, it does not appear that Humble Baron has any lease with, or has paid rent to, Uncle Nearest for Humble Baron’s operations of the restaurant on the premises. Even if Humble Baron were truly to be considered a separate entity not part of the Receivership Assets, it would essentially be occupying a Receivership Asset for free.”

  • You don’t need to be a lawyer to understand this argument. It’s pretty clear that either it is separate, or it isn’t. And either way, it looks goofy. I’m sure this is somehow Senzaki’s fault, or the janitors, it’s always someone else’s fault..

• “Further, despite requests to Uncle Nearest before the entry of the Receivership Order, FCMA never received a list of the Humble Baron employees and their roles. Without access to books and records, the Receiver’s ability to determine the source of funding of Humble Baron payroll or if Humble Baron is being operated by Uncle Nearest employees is impossible.”

  • Remember the foreshadowing thing? This is it. This was included by Farm Credit for reasons.

It’s hard to tell if that’s true when almost everyone can’t say what they want to.

• “Quill and Cask Owner, LLC-

  In January and February of 2025, Uncle Nearest indicated that it had a buyer for barrels of whiskey at a competitive price. A Purchase and Sale Agreement (the “PSA”) provided to FCMA by Uncle Nearest for barrel sales was between Uncle Nearest, Inc. and “Q and Cask,Inc.” as the potential purchaser. A search of Delaware, Tennessee, and California (the most likely states of organization for the entity) secretary of state websites turned up no results for “Q and Cask, Inc.” as an entity in existence.”

• “However, an entity named Quill and Cask Owner, LLC did appear as an entity formed in Tennessee. The Articles of Organization retrieved from the State of Tennessee reflect that the principal executive office and mailing address of this entity is Keith Weaver, Suite 2000, 600 North Main St., Shelbyville, TN 37160. A true and correct copy of the certified record of the Articles of Organization is attached as Exhibit A. When FCMA inquired into any potential relationship between “Q and Cask, Inc.” and Uncle Nearest, Uncle Nearest, through its financial advisor at the time, advised that Q and Cask, Inc. was a different entity than Quill and Cask Owner, LLC. Now that the Receiver has begun his diligence, the fact that Quill and Cask is an affiliate is undisputed.”

  • And why is this important? Sounds like foreshadowing.

• “Upon information and belief, Quill and Cask made a payment on or about January 30, 2025, in the amount of $275,000 to Uncle Nearest. This payment leads to more questions about the relationship between Quill and Cask and Uncle Nearest.”

  • Oh boy, and where did the barrels go? Or what was the payment even for? Surely not the glam squad.

• “The Weavers and Uncle Nearest have maintained no financial discipline or corporate formalities between the Weavers, Uncle Nearest, the Subject Entities, the Additional Entities, and potentially other entities related to the Weavers. Due to the lack of financial discipline between Uncle Nearest and the Additional Entities, these Additional Entities (and any others the Receiver uncovers as possibly related or transferring money to or from the Weavers, Uncle Nearest, the Subject Entities, or the Additional Entities) should be included in the Receivership Assets.”

  • This is very likely to be of great interest to the investors as well, who are probably only just now beginning to realize what’s been done with their investment.

• “Because of the wholesale absence of structure between the Weavers, Uncle Nearest, and the Additional Entities, in the interest of equity and to ensure all available and intertwined assets are brought within the receivership, the Additional Entities (and potentially more) should be included. Without their inclusion in the receivership, the Receiver will be left with an incomplete picture of the finances of the Uncle Nearest and Weaver enterprise and without access to assets that should be administered as Receivership Assets for the benefit of all impacted stakeholders.”

  • This absence can only rest at the feet of the CEO. This is why they exist. Structure. I believe that not only was there flimflammery, but also grotesque amounts of incompetence.

The Second Course got commingled with the first and third. I’ll see myself out now.

• “Based on information that FCMA has received or been made aware of, FCMA believes that all of the Additional Entities should be a part of the receivership estate. At a minimum, Grant Sidney, Humble Baron, and Quill and Cask are all entities whose own operations and finances are so comingled with Uncle Nearest’s that their inclusion in the scope of the Receivership Assets is warranted. The Receiver’s ability to obtain an accurate financial and operational understanding of all entities relating to Uncle Nearest is critical to allow him to operate in accordance with his duties.”

• “Further, to complete the financial and operational understanding, the Receiver must have the power to review books and records of all the other Additional Entities and any other entities that he discovers may be related to Uncle Nearest and any other Receivership Asset. Moreover, the Receiver is subject to quarterly reporting, and once he has full access to information, he can always move to remove any of the Additional Entities to the extent his diligence reveals they are unrelated to the Receivership Assets.”

  • Seems to me the books are junk, and the receiver needs these assets to once and for all, audit the financials.

FINAL THOUGHTS-

• The bank has apparently done some homework, and their argument appears on the surface to be very convincing. I’m curious if the Weaver’s will file a social media post, I mean, file a document to the court arguing against, or if they’re still counting on God to somehow kick a winning field goal. Inclusion of these assets will likely make it more likely that non-bank creditors will somehow finally get paid something. I cannot imagine how this will be spun as a win by Fawn if the inclusion happens, the Grant Sidney inclusion alone should be deeply concerning, but I’m sure it will be.

CEO cats sometimes get in their feelings and rage comment. You know, like successful business people do.

UPDATE 9/22-

Still no word on the additions to the receivership, but some drama on the onlines. Let’s cut it up.

• An African-American Media Company posted an article with the headline “Uncle Nearest one step closer to bankruptcy.”

  • Nothing crazy about that. It’s possible that bankruptcy could happen. Several firms were in fact hired that specialize in bankruptcy (among other things of course), so it’s at least being looked at.

  • But something nutty happened later on. Uncle Nearest commented on the post with a lonnnnng comment.

  • UN boosted on others positive posts, and said that the headline was TMZ style clickbait. Look, TMZ is absolutely clickbait, but they’re often right. I don’t think that speculating that bankruptcy could happen is clickbait.

  • The comments were overwhelmingly pro-Fawn, which is unsurprising, because who would dare enter into that cesspool trying to say anything different?

  • The post was later on removed, likely by the poster.

  • Also, don’t worry, I have some screenshots.

Someone else recently entered the chat, oh yeah, that was TDG.

Other than their own lawyer in a court document saying that they had discussed bankruptcy, and also discussing it with investors, yeah no, they haven’t talked about bankruptcy at all.

Well, we know it isn’t desired. She said so to investors. Also, now she’s blaming someone else? Not just Senzaki? Now the comptroller?

A lot of people are in fact checking the source materials. That’s why we can’t understand the propaganda!

It’s easy to have more fans than haters when you delete the comments. Also, not everyone wants UN to fail. Not this guy.

PT Barnum would have loved the “clear the shelves” campaign.

You guys are playing around too much. Brave being in those comments.

And then, another media group posted another article referring to the original article. They intelligently throttled the comments which should reduce the amount of nonsense that drowns out those that are asking questions and challenging the propaganda.

A better headline, and probably also clickbait- “CEO says words, no idea if true or not.”

Ultimately it’s online drama, and completely irrelevant to the action in the courtroom, but it’s part of the overall picture of a company in crisis. The loudest voices are not always the most truthful, it’s often just the loudest. Great leaders own their mistakes. Great leaders hold their team accountable, but the responsibility is always theirs and theirs alone. When a leader absolves themself of responsibility and freely assesses blame, they’ve lost the plot.

This entire saga is probably about ego, prestige, and flimflammery.

Also, below, two consecutive stories on Fawn’s IG. Almost the same caption, but the numbers are different. Probably want to get the new CFO to verify which is correct.

261% is a “wow” number but meaningless without case counts and dollars.

Damn, their sales dropped multiple percentage points in a story a bit later. Well, good thing we aren’t investors in this company.

Receiver Cat on the left. Unicorn Cat on the right. A tale of two cats.

UPDATE 9/19-

A brief bit today while we wait on the judge to decide on whether to add everything to the receivership or not. Just some thoughts mostly, and some things that apparently a lot of people don’t know.

• I didn’t expect the book story to be a big thing, but I’ve seen some commentary elsewhere where I think some folks may have missed the point, and perhaps it’s because I didn’t explain it well. It’s not so much about the marketing move of juicing book rankings/sales, but also what went on behind it.

  • There was a book tour where Fawn set an interplanetary record for most books signed or something. Each of these stops cost Uncle Nearest actual money. Hotels, flights, transportation, Glam Squad, food, entertainment, and a team of handlers to support the events that all require their own accommodations/transport and likely per diems for food.

  • These funds are likely all paid by Uncle Nearest.

  • Sure, you can chalk this up to marketing, but it sure seems like self-dealing when the royalties for the book go to the author and not the company that funded the tour.

• Marketing is gonna market, I know this, but every time Fawn says that UN whiskey is Gluten-Free, Sugar Free, Fat Free, Carb Free, Additive Free (Truth Free probably), I have to chuckle. Love this excerpt from their website below.

They send random samples to what TTB certified laboratory? WTF is a triple certified lab? Everything with this brand is EXTRA.

This is pretty much most whiskey. Derrrrrp.

• Did you know that the famous picture that is used on the cover of Love and Whiskey is NOT Nearest Green? Many people do not in fact know this, and it continues to surprise me. Yes, even the Angel on my shoulder didn’t know. Who is it then? Well, It’s his son George. There are no known photographs of Uncle Nearest himself. 10,000 artifacts don’t lie, and in all fairness, UN’s own website and Fawn’s book mentions that there are no known photos. TRUTH AT LAST! I suppose if you didn’t get a free book it’s easy to assume that it was Nearest.

• Can we talk about the investors for just a moment? When I began writing these stories, I had decided to heavily focus on the front line employees (and the court documents) because in sagas like this, they are usually the ones that get overlooked. I will continue to prioritize their stories, but the investors story is coming soon. I will say that there are names you will eventually commit to memory, as they are just as important to this dumpster fire of a story as Weaver/Senzaki.

  More to come stay tuned.

It’s excruciating to watch social media when you know what is happening behind the scenes.

• Layoffs have begun. The scope is unknown at this time, but people are departing the company. I hope they find something better soon and many of them did not deserve having to go through all of this.

• This season of Shark Tank should be a laugh-riot. I for one will be cringe watching.

World’s Best Cat Dad is packing it up, while CEO Cat lives it up.

TDG Cat realizing that they might not get their money…….

UPDATE 9/18-

Well folks, it’s heating up. Tennessee Distilling Group has entered the chat with a court filed “Notice of Appearance and Request for Service.” Tennessee Distilling Group is who makes the whiskey for Uncle Nearest. Yeah, the actual distiller. What does that mean? Pour yourself a beverage and try to remember that some people were built for this. My opinions/thoughts/commentary will be italicized. From the document filed with the court (don’t worry it’s short, but very intentional)-

“NOTICE OF APPEARANCE AND REQUEST FOR SERVICE

• The undersigned files this Appearance in the above cause and gives notice that Lucas A.Davidson will appear and represent the interests of Tennessee Distilling Group, LLC. Counsel requests service of all filings and notices in this cause in accordance with the Federal Rules of Civil Procedure and the Local Rules for the United States District Court, Eastern District of Tennessee at:

Lucas A. Davidson, Esq.

ldavidson@buchalter.com

1 Music Circle South, Suite 300

Nashville, TN 37203

T: (629) 224-6600

F: (213) 896-0400”

As Neo once said, “oh deja vu.”

WHAT COULD IT MEAN?

• A Notice of Appearance is a legal document filed by an attorney, usually in a bankruptcy case. It indicates that the attorney represents a specific party, in this case Tennessee Distilling Group, often a creditor. The document can serve a few purposes.

  • It notifies the court and other parties (like a receiver) that the attorney is representing a client.

  • It requests to receive copies of all documents filed in the case, ensuring the attorney, and TDG, stay informed about the proceedings.

  • Court documents like this are frequently filed by secured creditors to monitor the bankruptcy process. If there is one. Looks like one, walks like one, quacks like one…

• A Request for Service is often included in these filings. It asks to be served with relevant documents related to the case. This ensures that they get timely updates about hearings, motions, etc.. It also establishes a formal line of communication with the court.

• If you didn’t know, TDG is the distillery that Uncle Nearest contracts with to produce their whiskey. Because, you know, their actual still sits idle…

While I’ll have to consult with the Ouija board to try and predict what’s about to come, I have eyes, and what I see is that the future looks bleak. TDG is one creditor. I have identified One Hundred and Sixty potential creditors.

Do you have any idea how big this book will be in Kansas City?

UPDATE 9/15-

With two weeks and change to go before the first report is due back to court, I have a little story for you, so sit back, pour yourself a cup of your favorite beverage and clutch your pearls whenever appropriate.

Let’s talk about books. Recent revelations suggest that the Uncle Nearest approach to narrative building may extend beyond just heritage and branding.

According to multiple credible sources with direct knowledge of operations, Uncle Nearest management allegedly instructed some employees to take specific actions designed to artificially elevate the book Love and Whiskey to bestseller status, actions that raise ethical concerns and could potentially violate the terms of various online platforms.

The sources, who have requested anonymity due to fears of retaliation, shared that some employees were directed to purchase the book via their personal Amazon accounts while using company credit cards to complete the transactions. This method, was possibly intended to simulate widespread consumer interest while masking the coordinated nature of the effort. Each order was shipped not just to the employees themselves, but to a curated list of preferred clients, customers, and industry representatives, ensuring targeted visibility.

This strategy of paying full retail price across a broad set of personal accounts may have been intended to influence the book’s positioning on Amazon’s sales rankings, which in turn can have a ripple effect across industry bestseller lists. Bulk wholesale orders from a single account often don’t count toward list placement, but a large number of individual purchases can.

According to documents obtained by this blog, employees appear to have been directed to purchase books with specific directions from management. 

“STAGE ONE-

• 1- Log-in to your PERSONAL Amazon account.

• 2- Add your Company JP Morgan Chase Card.

• 3- Order yourself Love & Whiskey (via presale link)

• 4- Order (5) of your friends and family members a presale book, who you KNOW loves to read, and will take the time to write a review on Amazon and Goodreads.  (Do each individually).

STAGE TWO-

• 1- Log-in to your PERSONAL Amazon account.

• 2- Order books for our local distributors (list of contact information not included by blogger cat as it holds personal information) as this will become their bible when selling the Uncle Nearest brand in the market.

• 3- Once all are complete, please send back an email confirming this was done.

• 4- In the email, please confirm the # sent to friends and family + the list we gave you.

STAGE THREE-

• 1 Log-in to your PERSONAL Amazon account.

• 2- Order books for our local distributors (the list of contact information withheld by blogger cat, again due to privacy protection) as this will become their bible when selling the Uncle Nearest Brand in the market.

• 3- If you have an ambassador, please order five for them to give to their top accounts who they want to have this new “bible” for our brand.

• 4- Once all complete, please send back an email confirming this was done.  “

NOTE- the list of contact information documents are not posted as they list private information of recipients but the amount of books ordered was staggering.

I’ve read the audiobook from Libby, and well, I’d give it a 5 star review just on the insights you can learn about the author along the way.

Some employees were also asked to write and post glowing reviews on Goodreads, the popular book rating platform, and then copy those same reviews onto Amazon. In addition, they were encouraged to reach out to recipients of the book, urging them to do the same, review the book positively and help amplify its presence online.

The same batch of documents provided more specific guidance-

• “Because of the NYT algorithm, that isn’t based on just pure sales.  Hitting it once is near impossible (over 2.5 million books publish yearly and only a fraction a percentage will ever come close to even hitting the NYT list), so this a HUGE feat.  All your efforts are continuing to make this book a success, which is leading to us introducing our brand to new customers every single day!”

• “Getting to 100 ratings on Amazon will significantly impact the visibility of Love & Whiskey…and we are almost there with 93 ratings as of this AM!  Something you should know is that you don’t have to have purchased this book on Amazon to review it, and just getting us these ratings (without a review) is immensely helpful. “

• “And every 100 ratings after that takes us even more visible in Amazon’s algorithm. “

• “Our GOAL is to get to 1000 ratings, and here’s why it matters:

• Algorithm boost: Amazon’s algorithm gives more visibility to books with higher ratings, making “Love & Whiskey” more likely to appear in recommendations and search results.  (Also, see above, as reviews help with the NYT algorithm, as well.)

• Visibility: Books with ore ratings are more likely to be recommended by Amazon.  This means more people will discover “Love & Whiskey.”

• Credibility: Higher ratings and reviews build trust with potential readers, showing them that this book is worth their time.

• Sales Boost: Increased visibility and credibility directly lead to more sales.  More sales mean more readers experiencing out story and more buzz around the book.

• Your ratings and reviews, as well as those from your friends and family, are cruising in making this happen.  If you haven’t yet, please take a moment to leave (at a minimum) a rating on Amazon.  Every singe one counts and brings us closer to our goal.  Please also share the above with your friends and family”

Kinda feel bad for Clay at this point.

In a separate communication, some employees were reminded to-

• “Please go on Good Reads TODAY and post your review, and please ask those that you have gifted to also do the same as they start to receive and read them.”

In the same communication they are encouraged to-

• “Once you do your review on Good Reads, please copy, and paste into Amazon reviews as well.  (link provided).

• “Please confirm with me once you have posted your review.”

Blogger cat note- Amazon shows 875 global rankings.  Goal missed.  Probably got a gold medal anyway.

While coordinated marketing efforts are nothing new, this kind of internal orchestration walks a fine line. It raises questions about radical transparency, manipulation of consumer perception, and the ethics of manufactured enthusiasm. Platforms like Amazon and Goodreads have explicit rules against incentivized or coordinated reviews, especially if they are not organic or disclosed.

As of this writing, Love and Whiskey maintains a strong review profile and visibility on several online platforms. Whether this strategy will have longer term reputational consequences for Uncle Nearest remains to be seen.

This story offers a timely reminder that in an era where visibility often trumps authenticity, even the brands with the best story aren’t above scrutiny. Consumers and readers deserve to know when what looks like grassroots support might actually be the result of a tightly controlled campaign.

Gail is right, perhaps we should call FW to investigate what happened over there.

A FEW PARTING THOUGHTS-

When I started looking at this story, my initial thoughts were, so what? Wh0 cares? Using Amazon this way seems to be a really good way to save on the logistics of getting books out to clients, reps and patrons. Saves on shipping costs (with Prime), and packaging, labor to unbox, individually box, ship etc..

The more I thought about it, paying “retail” price via Amazon, might have been cheaper than doing all the things I mentioned above, made some sense, but something kept nagging at me.

It’s a question I still don’t have an answer to, but I’m left wondering-

If Uncle Nearest funds were spent on book purchases, where did the royalty money for the books go?

Did you know that the goal of Monopoly is to not go bankrupt and to stay out of jail? It’s like real life.

UPDATE 9/13-

The Receiver, now known here as the #RealPeoplesCEO, filed some documents with the court yesterday. We are fully loaded with three full ounces of cold brew concentrate so let’s break them down. Remember, my commentary/thoughts/opinions are italicized. There is a lot, so keep scrolling.

Document #1 is a notice of the Receivers Professionals (essentially, who he has hired for assistance). Please note that this first document is VERY relevant to the document that follows.

• “Receiver has retained Newpoint Advisors Corporation as the financial consultant for this receivership. “

  This company offers many services, but notably they assist with restructuring under U.S. bankruptcy law (notably Subchapter V for small businesses), receiverships, assignments for the benefit of creditors, and liquidations where needed.

• “Receiver has retained Thoroughbred Spirits Group as the operational consultant for this receivership.”

  This is a company with expertise in planning, and scaling. They also do financial assessments.

• “Receiver has retained the law firm of Belcher, Sykes, & Harrington PLLC to serve as alcoholic beverage counsel for this receivership.”

  The spirits industry is complex. Overly so. Good to have folks that know something about it around you, unlike what’s been happening.

• “Receiver has retained Herald Law Firm in Paris, France to domesticate the receivership order in France, and to assist in the evaluation and/or liquidation of this receivership estate’s French assets.”

  This could be a Scooby-Doo “Ruh-roh Shaggy” moment.

• “Receiver has retained Nutter, McClennen & Fish, LLP in Boston, Massachusetts, to domesticate the receivership order in Massachusetts, and to assist in the evaluation and/or liquidation of the receivership’s estate’s Massachusetts assets.”

  Those assets possibly including a twice mortgaged house?

• “Receiver has retained the law firm of which he is a member, Thompson Burton, PLLC, to advise him on all other legal aspects related to this receivership.”

  It’s always advisable to phone a friend when in need, and all of this will make more sense when we break down the next court document below.

The services provided by the recently retained Newpoint Advisors Corporation. Notably missing- fun handshake routines.

Document #2 is a fascinating read so I won’t delay. The #RealPeoplesCEO submitted a Motion for clarification of receivership order.

• “In support of this Motion for Clarification, the Receiver states as follows: during his investigation of Receivership Assets, which involved a diligent review of Uncle Nearest, Inc.’s books and records, financial statements, corporate documents, and other relevant contractual agreements, the Receiver has identified several entities (the “Entities”) that appear to be somewhat related to Uncle Nearest, Inc. and may fall within the scope of the Court’s Order including: “

  Notably, several of these were already known to the blogger cats. Some though were not. Receiver cat is doing the work it would seem.

  • “Uncle Nearest Real Estate Holding LLC, A Tennessee Limited Liability Company. While this entity was listed in the Complaint, because it was not specifically listed in the Order, certain financial institutions are confused about whether its assets are subject to this receivership.”

    Someone at some place, did their homework and asked questions, which is what competent people should be doing.

  • “Shelbyville Barrel House BBQ LLC, A Tennessee Limited Liability Company. This entity is believed to be owned by Keith Weaver. It operates from the Uncle Nearest/Nearest Green property, but appears to be separate financially from Uncle Nearest.”

    This is interesting. Fawn mentions this place in Lynchburg in her book. It is owned by Chuck Baker. The second location is on the property in Shelbyville, and while it says it’s Chuck’s second location, the receiver seems to think differently here. UPDATE- The location in Shelbyville lists an email address for contact that is info@nashwood.com. Perhaps the Weavers invested in Chuck’s business? Oh noes. Also Fawn apparently reviewed them both on DoorDash under the user name Fawn W. Any bet on how many stars? 5.

  • “Humble Baron, Inc, a Delaware Corporation. This entity appears to be owned by a blind trust that benefits Keith Weaver. Upon information and belief, this entity must be owned by a blind trust in order to keep its restaurant license separate from Uncle Nearest’s distilling license. It operates from the Uncle Nearest/Nearest Green property, but appears to be separate financially from Uncle Nearest.”

    I’m admittedly unfamiliar with Tennessee laws regarding this so I’ll leave it untouched.

  • “Grant Sidney, Inc., a Tennessee Coporation. Upon information and belief, this entity is owned by Fawn Weaver. It is the largest shareholder of Uncle Nearest and has contributed capital to Uncle Nearest from time to time. The receiver believes that this company also owns interests in other spirits unrelated to Uncle Nearest.”

    This is Fawn’s own company. She mentioned that she put some of her own scratch into UN to keep it going, it probably came from this company. It’s game on now if he wants this as part of the receivership. Also, this means he knows how much of the company she owns. A CAP table has to be coming soon much to the interest of the investors who still have no exit options.

  • “Uncle Nearest Spurs VI, LLC, a Delaware Limited Liability Company. It is unclear how this entity is related to Uncle Nearest. This entity was revealed in a general search of the Delaware corporate records.”

    I mean, are they going to open a cowboy boot shop with branded Cowboy Hats and Spurs? I dunno man, I’m just a blogger cat.

  • “Quill and Cask Owner, LLC, a Tennessee LLC. Upon information and belief, this entity is owned by Fawn and Keith Weaver. It has contributed capital to Uncle Nearest from time to time, and has purchased barrels of spirits from Uncle Nearest.”

    I have questions. Barrel picks? Gifts? Barrels that were sold to increase cash flow? Where did the whiskey go? Not much is available about this company but I’ll keep looking.

Could be a different Fawn W. Might be, coincidences are common are they not?

• The document continues-

  • “Nashwood Inc., a Delaware Corporation. Upon information and belief, this entity is owned by Fawn and/or Keith Weaver and operates Tolley House Bed & Breakfast in Lynchburg, Tennessee. It shares a common corporate address with many of the Weaver’s other corporate entities. “

    The only clue about Fawns involvement is the “About us” section which seems to copy from her book, which if you read the thing….

  • “Classic Hops Brewing Co. Upon information and belief, this was a concept began by Keith Weaver. It is unclear whether this entity was ever incorporated or fully operational.”

    I mean if you really want to set more investor money on fire, might as well open a craft beer company.

  • “Shelbyville Grand, LLC, a Tennessee LLC. Upon information and belief, this entity is owned by Fawn and/or Keith Weaver and operates from the same location as several other of the Weavers’ corporate entities. It is unclear the purpose or function of this entity, but it appears in certain corporate records.”

    It is possible that they purchased property at the 100 Public Square North location in 2022.

What’s another $900k or so?

• The document continues to continue-

  • “Weaver Interwoven Family Foundation. The ownership and function of this entity is unknown, but it appears in certain corporate records of Uncle Nearest.“

    This one is going to be incredibly interesting. I don’t have time to get into this rabbit hole, will probably have to wait for a forensic accounting report.

  • “Park Street LLC, a Delaware LLC. Upon information and belief, this entity is owned by Keith and/or Fawn Weaver. It maintains bank accounts at similar banks as Uncle Nearest and, upon information and belief, the Weavers are signatories on those bank accounts. Its purpose and function are unknown to the receiver.”

Receiver cat better not find sacks of cash under the bed.

• “As indicated above, each of the Companies is related to Uncle Nearest, Inc. by common ownership, common business operations, and/or common financial operations. The Receiver makes no representation about whether these entities should be included within the scope of this receivership* (*-see below). Rather, the Receiver files this Motion for Clarification to seek the Court’s determination as to whether it intended the entities listed above to fall within the scope of the Receivership Assets under the Order. The Receiver endeavors to fully and completely carry out the wishes and instructions of this court. WHEREFORE, Receiver respectfully requests the Court enter an Order clarifying whether the entities listed above are within the scope of the Receivership Assets under Paragraph 2 of the Order.”

  Seems as if the receiver is asking for permission to go here. He probably knows there’s a here to go to.

• *“Based upon conversation with Fawn and Keith Weaver, the Receiver expects them to argue that these other entities and their assets should be beyond the scope of this receivership. Based upon conversations with counsel for the secured lender, the Receiver expects it to argue that these entities and their assets should be included in this receivership. Therefore, the Receiver seeks the Court’s Guidance on this issue.”

  Yeah, I saved this for last. Sorry. This is probably the ballgame right here. The bank likely wants to know where all this money has gone, and what LLC holds it so they can get their nut back. The Weavers likely don’t want their “personal” money touched. Investors probably didn’t like their personal money “touched” either.

Everyone is reading tea leaves, consulting the bones, the magic 8 ball, Ouija, and every other thing trying to make sense of it all.

UPDATE 9/12-

There is so much going on, we should see a flurry of updates over the next few days. Right now, every little thing is being overanalyzed because there is so little public information.

• We are down to 19 days before the first quarterly report is presented to the court/bank/Weavers.

• The receiver has been on the job for a couple weeks now, so we should see some moves being made.

• I predict that staffing reductions will be coming if the financials are as bad as I think they are. .

• I have a book story for you all on Monday morning.

• I have a feeling that the narrative is about to change significantly in regards to the Weaver’s and their future with Uncle Nearest.

• Below is a form letter that was sent out to multiple contacts dated 8/27/25. Posted purely for your perusal.

I wouldn’t read too much into this. It’s fairly standard stuff.

I keep reminding myself that his job is to run UN, not blow it up. Of course the Weaver’s will still be involved.

Do not revere the pirate cat, for the pirate cat is an actual thief.

UPDATE 9/7-

Do not mistake my recent silence for not updating this page. I’m dealing with real life things, and touching grass now and then. It’s healthy. Also KBF. Anyway, while I continue to dig, there’s a really interesting story about a brand that was part of the so called UN Fund that was supposed to invest in up and coming brands. I encourage you to read it, because it’s so freaking relevant to how UN has been run. Check it out here, and kudos to the writer for doing the work.

Employee cat loves a plastic appreciation cup.

UPDATE 9/2-

A couple of quick hits today-

• It was unofficial employee appreciation weekend at the distillery (aka Labor Day). They all got a lovely note and leftover plastic swag cups. The note said, “You are SO appreciated! Thank you for everything you do. - Team NGD”

• Fawn shared a story over the weekend that said after being at the distillery “all afternoon”……

• “Employers will really get this- the number of team members that I had that pulled me aside to say this is the best job I’ve ever had….. thank you thank you for building it, thank you for seeing us, thank you for fighting in this time, and zero chance I wouldn’t fight (AWKWARD LOUD LAUGH), kinda built for that. It was a beautiful thing and I love my team, and so it’s amazing to have them to show the same amount of love I have for them back.”

  Odd flex that employers would get this, and also, thanking someone for fighting in a situation they entirely allowed to happen is also strange. Why is it always about how much love she gets when the team got surplus plastic cups? I’m going to add this story to the list of things that probably didn’t happen, because, well, it probably didn’t happen.

• It’s probably just a coincidence that one of the brands (Equiano Rum) that UN “invested” in is having a bit of a dispute.

Another rabbit hole in a field full of them.

Crave Communications Limited isn’t Equiano. But they do hold the trademark.

I’m not the smartest man, but Aaisha isn’t one of these…?

$2 million eh? Did you know that “Eh?” is Canadian for nonsense? That’s probably true only in my head.

The Uncle Nearest Venture Fund roster. Coincidence? Perhaps.

The 777 Club, where your whiskey is likely younger than what the label says. Allegedly.

UPDATE 8/31-

It’s quiet on the update front right now, but that doesn’t mean things aren’t happening in the background. Right now the only voice will be Fawn Weaver, until 10/1/25 when the first quarterly report is due from the receiver. Fair? No. There are a boatload of rumors right now, and until we have on-record confirmation, we sit on our paws waiting like everyone else.

• Payroll was met it seems. Good! The Receiver powers up to level 2 CEO.

• The claims of all the tours selling out are farcical, this weekend notwithstanding. A quick look at the website shows the tour availability fairly open. Not saying people aren’t going, they are, it’s labor day weekend after all, but it’s just hype.

• The People’s CMO continues to talk about the $60m distillery that she built that you can’t walk around because of how many people are visiting. I still have a hard time thinking about how a lot of investor money was spent on a Hollywood Set.

• I checked out the book Love & Whiskey on the Libby app, and one guess who narrates the book. Also, there’s precious little in the book other than The People’s CMO personal diary entries about her time in Lynchburg and spending money they didn’t have on the Call house/farm….

Payday cat, is praying.

UPDATE 8/28-

I know it’s been a little quiet, but that’s mainly because these updates refuse to write themselves while I’m busy. I don’t need Ai, I need a few clones. A few days ago a press release went out from Uncle Nearest announcing the appointment of the receiver. Today I’ll be breaking that down. A reminder that my thoughts/opinions are italicized. A couple things before we get started.

• Fawn at InvestFest talking about “This is our Taylor Moment” is why Taylor Cat makes an appearance below. No slag at TS at all.

• There’s a lot of speculation that Jack Daniel’s will swoop in and buy Uncle Nearest somehow. A few thoughts I have on this begins with a question- What does Uncle Nearest have that Jack needs?

  A still that doesn’t produce? No. Even if it did produce, no one needs still capacity right now. The whiskey industry is in a shift and with Jack having tons of barrels of their own whiskey in storage, age statements returning, no one likely needs to make MORE whiskey.

  Aging barrels of whiskey? Again, no. No one needs more barrels. UN even mentioned this in their filings, that flooding the market with barrels would result in a deep haircut on what they could get for them. On top of that, no one needs MORE Tennessee whiskey.

  The property? For what? They don’t need horses or event space. A house in Martha’s Vineyard? A gift shop? A Cognac chateau? Vodka?

  The only thing that might even possibly be perceived as valuable to Jack Daniel’s parent company Brown-Forman is the Intellectual Property, and they don’t even NEED that. They already have it in the history of their own distillery story now, and they very likely know that producing an Uncle Nearest label under a spirits conglomerate portfolio would likely not be well received in the market place.

  Now, anything is possible, but this seems like a huge stretch for a company that sold their cooperage not long ago and just reported a 3% decrease in net sales. .

Let’s break down the press release below.

Garbage Can Cat isn’t impressed by illusionists. Might chase that red light later though. Haven’t yet decided.

• “ Uncle Nearest Premium Whiskey today announced that Phillip Young, a partner at the Nashville-based law firm of Thompson Burton PLLC, has been appointed as the receiver for the company. This appointment, made by the United States District Court for the Eastern District of Tennessee, is in connection with a loan default case. The company wants to reassure its customers, suppliers, and all interested parties that operations will continue uninterrupted.”

  Receivers typically don’t enter a company and start thrashing about like a maniac. Part of their purpose is reassurance to employees, contractors, partners etc.. so that business continues while they determine whether the business is solvent, and if it could be a viable concern for the future. Closing a place down at jump, would not be helpful.

• “A receivership is a court-supervised process designed to protect and preserve a company's assets and business value. The appointment of Young is a strategic and positive step to ensure the company’s future health and stability. Under the receivership, the company's day-to-day operations will continue without disruption. Production, distribution, and all business functions will proceed as usual.”

  Oh well, yeah they definitely said it better than I did.

• “I understand that this news may raise questions, but I want to be clear that this is not a negative development for Uncle Nearest,” said Phillip Young, on behalf of the company. “Uncle Nearest’s primary goal remains unchanged: to continue producing the award-winning Tennessee whiskey that customers love and expect. I look forward to continuing the company’s strong commitment to its community, its partners, and to honoring the legacy of Nearest Green.”

  I want to know in what world where having a court appoint someone to run your company is not a negative development, but hey, the receiver said it, and I’m guessing he’s operating under some kind of “do no harm” thing, and that makes some sense. I suppose this avoids the “maniac thrashing about” perception. I think we can also understand the “propaganda” parts from Mr. Phillip because he is running the company for the time being.

• “‘We fully support the court’s appointment of Phillip Young as receiver,’ said Fawn and Keith Weaver, owners of Uncle Nearest, Inc. ‘Many people misunderstand receiverships, but in some cases they are a powerful tool for strengthening a company. That is the case here.’”

  I think by now, we all understand that whether or not it’s supported (remember, they were in court trying to prevent a receivership at all), he’s there, and what else are you going to say to the person that now runs the company? I’ll give them this, it costs nothing to be polite. Advice I should probably take myself sometimes. In some cases, receiverships are powerful, because the receivers aren’t interested in anything BUT running the business. They have no image to nurture, or conferences to speak at, events to host. Their job is overseeing operations, like a functioning and hopefully competent CEO might.

• “Phillip Young, as the court-appointed receiver, will now assume full management and operational control of the company. Young will work to resolve the outstanding financial matters and position the company for a sustainable and successful future. While Young will be responsible for the day-to-day operations, Fawn Weaver will continue to own Uncle Nearest, and both Fawn Weaver and Keith Weaver will remain deeply engaged in the stewardship of the Uncle Nearest brand.”

  Everyone say hi to Mr. Phillip, and offer your thoughts and prayers. He’s got a very big job ahead of him. Also, what’s the under/over on the “misunderstanding” of what stewardship means.

• "My role is to serve as a neutral party, appointed by the court, to manage the company's affairs in a way that benefits all stakeholders," said Phillip Young. "I am confident that working with the dedicated team at Uncle Nearest, we will ensure a smooth transition and maintain the company's reputation for excellence and quality. The receivership is intended to improve relations and stabilize the business, not to make them worse. My team and I are fully committed to this mission."

  Pretty good. No notes. Something to pay attention to though, “My team and I.”

• “Uncle Nearest Premium Whiskey remains focused on its core business, its employees, and its loyal customers. The company will provide updates as appropriate throughout this process.”

  We are most interested in the update due on October 1, 2025.

• “For more information about Uncle Nearest Premium Whiskey or to read the latest updates on the receivership process, please visit www.unclenearest.com.”

  I mean, one could use that link to read the latest updates, but why go there? They have no cats. (The link was in the release, and currently just takes you to their homepage, and the press section is just a clout collection of links to stories in the media) .

Blogger cat is sorry. Meow. See, it’s not so hard to say “sorry” when you make a lil’ oopsie..

UPDATE 8/25-

Today I’m doing all the things I should’ve been doing in my personal life all week, while I worked on this. Today’s update is me issuing a correction to my post yesterday, so here goes.

• I erroneously reported that Fawn had submitted her affidavit / declaration to the court. I was wrong. She did not submit the document I reported on yesterday to the court. It was emailed to investors.

• While the document is real, it’s embarrassing that I got something wrong that was not opinion based.

• I apologize.

• Somewhere, Mike Senzaki is probably relieved that he isn’t being blamed for this too.

I think we all understand that no caption can add anything here.

UPDATE 8/24-

Today we are going to break down the affidavit that Fawn Weaver submitted to the court just before the receivership was granted. It’s long, and I’m sorry. Before we get to that a couple things. CORRECTION- This was not filed in court. See above.

• I have opinions, which I will continue to post in italics, and sometimes through the cats.

• Invest Fest was an interesting bit of theatre.

• Mike, it must feel like the world is on your shoulders. No, I don’t believe you’re the reason the Buffalo Bills have never won a Super Bowl.

Let’s break it down. Please note that there are some salacious claims that I will not be posting or discussing, as a persons private life is no one’s business but their own. Also, shame on you Fawn.

Here we go.

• “I submit this declaration to clarify and supplement the record following the hearing held on August 7, 2025, where the plaintiff made statements that require correction. The bank claimed that “Fawn Weaver misused loan funds in several significant ways,” which is not only inaccurate, it is a flat-out lie used to smear my good reputation.”

  Accusing a bank, a part of a heavily regulated industry, of lying, is a bold move.

• “The fact is that not a single penny of the loan proceeds from Farm Credit was used to purchase anything other than real estate and whiskey barrels, first through procurement and then by producing our own.”

  I’d like to remind the audience that to claim that not one single penny was used on anything but property/barrels, not even a single packet of Flavor-Aid, is surely a risky statement.

• “Since learning of the fraud committed by our former CFO, I have personally invested over $1.5 million of my own money into Uncle Nearest to ensure the company could continue to grow, even in spite of what has already been uncovered through an internal investigation and what we expect the findings of the third-party investigation to be.”

  Since learning of the fraud, she has spent her own scratch so the company could grow. Weren’t sales going through the roof? Also, if evidence of fraud as claimed, shouldn’t there be law enforcement involvement? It still comes down to who gets to see the books.

• “From the time I founded the company, I did not pay myself a salary for the first year or so. When I began paying myself, it was $90,000 per year plus shares of the company, and to this day, my salary remains $90,000 per year. I have reinvested into the company every penny I have ever earned from it. The reason Uncle Nearest, Inc. owns over $200 million in hard assets, real estate, whiskey barrels, and finished goods, is because every bit of the loan was invested into the business.”

  Reinvested every penny earned, is not the same as reinvesting every penny benefited from. Who pays for the flights, cars, parties, personal security, etc..? Also, how many shares of the company and at what valuation? Steve Jobs famously had a $1 annual salary. He was also paid in shares, and we know he wasn’t living on a dollar a year.. So, were any of those shares traded? Sold? Unknown.

• “The property in Martha’s Vineyard, named Uncle Nearest House on the Vineyard, which the bank approved before it was purchased and which has already proven to be a brilliant investment, becoming an example of this alleged misuse is odd to say the least, given the bank’s involvement and demonstrable support from prior to us purchasing the property.”

  The bank has never claimed that the purchase of the house in Martha’s Vineyard (fun fact Jaws filmed in that town) was not supported, or approved. They didn’t like the collateral being taken from them and mortgaged to another lender. Also, no way to know about whether it was a sound investment or not, it’s probably on page 47 of a fake book called, “Trust Me Bro.”

• “The bank never moved to perfect several real estate properties pledged to Uncle Nearest, Inc., and it was not our job to deliver to them deeds of trust that they never requested. This notion expects that I, as the customer, know what it is the bank is looking for from us, without them stating it.”

  Ignorance of the rules or law, is seldom a good defense. Trust Me Bro.

• “The fair market value of assets owned by Uncle Nearest is approximately $210 million, over double the $102 million owed to the bank, with even the most conservative valuation significantly higher than the debt in question.”

  Is it so hard to say that you overextended yourself and that you’re going to sell some assets and clean up the books? Trick question, we all know the answer.

• “In a distressed receivership, however, that value would drop to between $25–30 million because I am the sole responsible party on the license that allows for the Distilled Spirits Plant (DSP) at Nearest Green Distillery.”

  I’m confused. How does the value drop that much with $210m in assets?

Bartender cat shouldn’t have to wait to collect their tips from the fat cats.

• “Without that license, the location — currently the 7th most visited distillery in the world and ranked #1 worldwide — would revert to farmland worth between $12–14 million. With the current overstock of aged whiskey being liquidated across the country, flooding the market with the additional 57,000 barrels the bank has indicated would result in pennies on the dollar. Most devastatingly, the Uncle Nearest brand itself would become worthless, as whiskey buyers would view the company as having been taken from me — the woman they have watched build it in public view, going city to city speaking to thousands of people and appearing on nearly every major media outlet since 2017.”

  If you put on your propaganda blockers, there’s some truth here. Moving barrels in a distressed whiskey economy would be a problem, no one needs barrels, especially surplus Tennessee whiskey. That there would be a significant haircut on the barrels is absolutely true and they know this because it is alleged they’ve already sold some. But wait, there’s even more truth- The brand itself would become worthless, not because it would be viewed as taken from her (self declared btw), but because it’s true that this brand cannot exist without African-American ownership, and shouldn’t exist any other way. Also, so much flexing.

• “We have also been unable to share the findings of the third-party investigation as it is still an active investigation. In addition, we were not able to share the existence of the third-party investigation with anyone outside of our board, due to the concern of the third-party investigators and legal counsel that premature disclosure — which has now unfortunately occurred as a result of this filing by the bank — could compromise the investigation.”

  Page 48 of the fictitious book Trust Me Bro, also, as I can’t share the details, watch the shredding of Senzaki later in this very statement.

BEGIN PROPAGANDA ZONE

• “ Uncle Nearest is one of the most exceptional and resilient brands in the American spirits market. As detailed in the letter attached hereto as Exhibit A, written to the leadership at Farm Credit from Republic National Distributing Company (RNDC), the nation’s second-largest spirits distributor, Uncle Nearest is now the #1 bourbon brand in their portfolio, replacing long-entrenched legacy offerings such as Buffalo Trace, Woodford Reserve, and Old Forester in thousands of accounts across the country. RNDC’s leadership has confirmed that Uncle Nearest is among the few brands still showing strong depletion rates despite a challenging market, and is one of the only American whiskey brands with double-digit growth across revenue, volume, velocity, and distribution over the past 52 weeks.”

  Who asked about any of this? The bank didn’t.

• “In every major market in the United States, Uncle Nearest has experienced growth this year. This level of performance would be extraordinary in a strong year for spirits; in the current year, where the overall market is down, it is remarkable. Among the strongest growth markets are Georgia (+54%), Virginia (+54%), Maryland (+49.6%), Ohio (+37.6%), Texas (+33.2%), and North Carolina (+29.8%), followed by Pennsylvania (+24.1%), Florida (+21.6%), New Jersey (+18.5%), and Illinois (+7.1%). Even in more challenging markets, due to being in the midst of distributor changes, we are still seeing growth: New York is up +2.1% and California is up +2.3% through July. What makes this even more extraordinary is that we have achieved this growth after reducing our expenses by 40% between 2024, when we learned about our former CFO’s underreporting of expenses, and today.”

  The Bank didn’t question any of this, other than we’d like to see the books. I have a feeling that she knew this was going to be a public record so it’s another opportunity to flex those trust me bro muscles.

END PROPAGANDA ZONE.

Regal cat, is not adored the way they think they are.

• “Statements made by the plaintiff during the hearing require correction. Specifically a. The plaintiff’s timeline creates the false impression that their diligence uncovered the barrel overreporting. This is untrue. b. The plaintiff also misrepresented the length of time our former CFO oversaw company finances, inflating his tenure and role. c. The pro forma cash flow statements submitted to the court by the bank regarding our company are wholly inaccurate and were prepared in a way that gives the false impression that our company was not nearly as strong as it is, in spite of this challenge we have encountered with Farm Credit due to a misstatement by our terminated CFO, who is under third-party investigation over additional misstatements and internal findings.”

  For those of you keeping track at home, this is the THIRD reference to third party investigations that they cannot share anything about. Also, the bank allegedly inflated Senzaki’s tenure and role, but watch how she will do the same thing about his responsibility later on.

• “These pro forma cash flow statements were further distorted because the bank’s financial advisors—who repeatedly threatened a receivership whenever they wanted to pressure us into performing in a certain way—required that our finance team strip out key parts of our cash flow forecast. Two major removals were: (1) all additional sales from our largest distributor, RNDC, despite their letter (attached as Exhibit A) clearly stating purchases would return to earlier purchase levels, and noting that their temporary slowdown was due to challenges within their own sector, not with Uncle Nearest, as our demand has continued to increase; and (2) all Limited Time Offer (“LTO”) sales, even though LTOs are a core part of our forecast for 2025 and every LTO bottle we release sells out immediately—often before we officially release the cases. Our two most coveted LTOs in over five years are scheduled to release in 2025, alongside six other LTOs, yet the advisors required those projected sales to be stripped out while still keeping all related LTO expenses in our forecasts.”

  Or they just wanted to see the books.

• “ In addition, the bank’s advisors required our Senior Vice President of Finance and Planning to strip out the inventory from our borrowing base certificates that we have through Advanced Spirits, while still including all expenses related to those assets in our profit and loss statements. In other words, our expenses are aligned with the costs of our assets and the sales we expect to generate, but they have removed the assets and the sales those expenses relate to—making our company appear insolvent when that could not be further from the truth.”

• “In June 2023, I hired Felicia Gallagher as Senior Vice President of Finance and Planning, a Certified Public Accountant (CPA) and Certified Management Accountant(CMA), with the goal of evolving our CFO position and strengthening our finance function. My objective, informed by my experience serving on the board of a NYSE publicly traded company and as a member of its audit committee, was to address significant gaps in financial oversight, ensure we were ready for a third-party audit at the end of 2023, and oversee the transition from QuickBooks to NetSuite to implement tighter controls and more accurate reporting.”

  Why is this important? A metaphorical attempted murder is about to take place…..

• “Our Comptroller, hired in late 2020 by our CFO, had reported to him directly. Gallagher’s role created a dual reporting structure: she would work alongside our former CFO but report directly to me. I instructed Gallagher to inform me immediately if she saw anything concerning during the NetSuite transition.”

  Why would that direction be given in June 2023? Oh, 6th Man event was June 8. I think there was a funding round about that time, but I’m sure it’s all unrelated.

• “Toward the end of 2023, Gallagher expressed concern that our CFO, while highly personable, was unable to answer key financial questions and could not provide customary backup documentation. My cofounder, Keith Weaver, and I already had concerns about whether the CFO, who joined early in the company’s tenure, remained the right leader for our finance department given our rapid growth.”

  He’s nice, but out of his league probably, but we will keep him on another 9 months or so, because he’s nice. Nice is good.

Senzaki cat is about to need a drink. Alms for the pour?

Caution you’re entering Dealy Plaza in a convertible territory.

• “In January 2024, we therefore implemented tighter internal controls, including: a. Requiring secondary approval from either Keith Weaver or me for any outgoing wire transfers; b. Having Gallagher work with the CFO to prepare financial statements for both investors and Farm Credit; and c. Assigning Gallagher responsibility for monthly and quarterly financial reporting to Farm Credit.”

  Pay attention here. Quarterly financial reporting to Farm Credit, who claimed that they weren’t getting documents when they were required to be provided.

• The next section of the affidavit is salacious, and of a personal character attack and I will not be reporting that here, but since the self-declared PeoplesCEO, loves scripture- “He who is without sin among you, let him first cast a stone at her" according to John 8:7.

• “As that statement is salacious and potentially headline-grabbing in nature, we have chosen not to include it here unless specifically asked by the Court. Affidavits from five African American women have solidified the statement our CFO made, however, so we do believe it to be admissible alongside the women’s affidavits.”

  We won’t be saying it because it’s salacious, but we said it anyway in court, and here’s a bunch of people that witnessed it. Shame on you. SHAME.

• “In January 2024, we missed the January 2, 2024 payment to Farm Credit and I was livid. Every report I had ever received from our CFO showed a very healthy NOI, EBITDA, and cash flow. I brought our former CFO, Gallagher, and Keith together to help explain to me how this could happen. Keith and Gallagher were also confused. Ou former CFO explained that it was just a temporary lull and gave several reasons why it happened and should not be a point of concern. However, the fact that I had never seen a report that forecasted this sort of lull in cash on hand made me move promptly to have Gallagher begin checking all of our former CFO’s work. At the time, we believed he had been dealing with so many personal challenges — including the deaths of both parents in a short period — that his work had just become increasingly sloppy.”

  A lil’ oopsie, but not the first default. After the first one, wouldn’t you, nah silly question.

• “The move to have Gallagher take over all reporting was less about any suspicion of fraud at the time andmore about what appeared to be a lack of focus, which we attributed to personal challenges in his life. When Gallagher began the reconciliation of the barrel inventory report for Farm Credit, she was able to reconcile the barrels we produced ourselves, but she could not reconcile the “customer procured barrels” shown in our reports. She was transparent with the bank about this and stated she was conducting her own internal audit, noting on the reports submitted beginning in February: “Note: TDG Inventory –Reconciliation complete. Customer Procured Inventory – In progress.”

  CEO cat is so understanding.

• “Her transparency with the bank showed there were 16,329 barrels she had not yet been able to reconcile. The missed payment to the bank was paid on February 1, 2024, curing that default. On July 1, 2024, we submitted a formal request to modify the loan payment schedule because the way it was originally set up made it challenging from a cash flow perspective. We requested that payments be evenly distributed among the months. According to Gallagher, Brian Klatt was very positive during the call and verbally approved making the accommodation. She confirmed the conversation in writing immediately afterward. The next day, however, Klatt responded in writing with a completely different position than he had stated verbally, and the challenges with the bank relationship began at that time and continued to quickly deteriorate.”

  That is a lot of barrels, my napkin math was close, but over.

This is Alphonse Capone, our neighborhood feral cat that we feed. He’s the boss of all bosses, and the inspiration for all the cats you see.

You’re now entering the “it’s not my fault as CEO” zone.

• “I never saw a barrel report being sent to Farm Credit until after the discovery of the overstatement, by Gallagher, not the bank. The 100-page credit agreement from 2022 does not call out any specific number of barrels. Those reports were submitted separately by our former CFO and did not require my review, approval, or signature. Likewise, the drawdowns from the revolver also did not require my review, approval, or signature. Although I approved the limit increase, the amount owed did not increase as a direct result of that approval. I approved the increase in the revolver line of credit based on the Balance Sheet and Profit & Loss statements presented to me, which showed both a strong EBITDA and NOI. It was not until Gallagher took over the financial reporting that millions of expenses were included which, for reasons we trust the third-party investigation will uncover, had not previously been reported. Once these omitted expenses were added back, they revealed that our EBITDA was negative — not positive as had been shown on every report prepared by our former CFO. The moment I learned this, I acted to drastically reduce expenses to ensure our adjusted EBITDA was in line with where it should be for a business of our size and tenure.”

  Independent investigation mention count is now at 4.

• “I did not identify the barrel discrepancy earlier because loan increases were always presented to me by our former CFO on a loan-to-value (LTV) basis, not a barrel count. Based on those presentations and the NOI shown in profit-and-loss statements, I believed our cash flow could service the debt without difficulty.”

• “Once Gallagher’s corrected report was submitted, we learned we were over our borrowing base. Our CFO claimed this was a mistake. Keith Weaver informed him the error had eroded all confidence in his reporting. Although we removed him from CFO functions, our major investor had previously insisted he be retained — at a time when I believed it was necessary to elevate the function — so my focus could remain on growing the business rather than handling investor relations. Quickly recalling that conversation, we removed financial oversight from his role but allowed him to maintain an investor relations role. Again, at this time, we did not suspect fraud—just a CFO who had been greatly distracted by personal challenges.”

  Call me crazy here, but we have a CFO that the CEO and Co-Owner had no confidence in, removed him, and left him in front of investors?

• “In October 2024, Farm Credit conducted a field audit of barrels and questioned 19,053 barrels procured through our Master Agreement with Advanced Spirits (“AS”). Under this agreement, Uncle Nearest purchased barrels through AS at a fixed forward price, with our initial payment securing those barrels exclusively for us. The barrels were stored at Tennessee Distilling Group (“TDG”) under the designation “Advanced Spirits c/o Uncle Nearest.” This was a triparty arrangement requiring both AS and Uncle Nearest to authorize TDG before allowing any third party, including Farm Credit, to inspect the barrels. During their audit, Farm Credit reported they could not locate these barrels. Gallagher explained the barrels were present but subject to the triparty access requirement. Farm Credit did not wait for AS’s approval and did not return to inspect them once the access requirements were made clear. Instead, they treated the barrels as absent and recorded a reduction in inventory. In reality, the barrels existed and were contractually secured to Uncle Nearest. Farm Credit’s failure to follow the access protocol and complete their inspection rendered their audit incomplete and inaccurate — consistent with a broader pattern of negligence in their due diligence processes.”

  Again, accusing the bank of lying or negligence is a bold move.

Grabby hands cat should probably just go home already.

• “Gallagher, a seasoned CPA and CMA, objected to the reduction following the October field audit because GAAP requires counting barrels for which we have full responsibility — including storage, insurance, and partial payment to secure exclusivity. Her inclusion of these barrels was consistent with GAAP, and she continues to stand by that decision, as indicated in her affidavit, which has also been filed with this Court.”

  Fair.

• “As the CEO of Uncle Nearest, I take full responsibility for the overall stewardship of this company. While I could not have been expected to identify a fraud of this complexity earlier — a fraud that was deliberately concealed and layered in ways that would have required forensic-level financial investigation far beyond what is customary in the CEO role — I recognize that all matters within this company ultimately fall under my leadership. The moment credible concerns were raised, I acted decisively to strengthen controls, bring in a highly credentialed CPA/CMA, remove the CFO from his financial reporting duties, and ensure full compliance with GAAP standards. And the moment I had proof of a fraudulent act, versus a “mistake” or “sloppiness” on behalf of the former CFO, I also acted decisively within 24 hours, requesting that my cofounder and president/COO, Keith Weaver, engage one of the top global firms specializing in this type of investigation to initiate the process immediately.”

  Which top global firm? What is the proof? If you have the proof, you could submit it to the court!

• “Once the relationship with the bank became untenable, and they threatened receivership, their third-party financial company shared with the restructuring company we had hired — whose core business includes negotiating with banks in situations like this — the amount the bank had approved the assets to be sold for in a receivership situation. In response, we had one of our lead investors — a billionaire with the proven means to close the transaction — make an offer for more than $20 million above what the bank indicated they would approve in a receivership sale to liquidate all assets under the loan agreement. The bank not only rejected the offer outright, but they also refused to provide a counteroffer and instead filed this receivership case with the Court within one business day. These actions reflect my commitment to transparency, accountability, and the long-term strength of Uncle Nearest.”

  It is rumored that the investor group offered $70m to buy out the $108m debt and the bank said “lawsuit.” Probably.

• “This is a strong company with an outstanding brand, unmatched in its category. The facts show our growth, our resilience, and our commitment to doing right by our investors, our customers, and our partners — and they demonstrate our future financial strength, even as we navigate a temporary cash crunch caused by the slowing of distributor purchases as that industry recalibrates — an issue our largest distributor, RNDC, has confirmed is within their tier and is actively working to resolve — and the millions we have already paid in professional fees related to this bank loan and the ongoing third-party investigation into our former CFO. I declare under penalty of perjury that the foregoing is true and correct.

  Executed on August 14, 2025.

  _________________________

  Fawn Weaver

  CEO & Cofounder

  Uncle Nearest, Inc.

  And we end the Independent third-party Investigation count at 5. My wrap up below. Can’t believe you read this far, go outside already.

Typing cat is surely developing carpal tunnel syndrome.

Wrap up of the affidavit-

• The statement emphasizes Fawns personal investment, modest salary, and proactive leadership. The “care” for Senzaki is an attempt at humanizing her and undermine the banks accusations.

• She denies the core allegation of misuse of loan funds, and plants the blame firmly on the CFO.

• She argues that the receivership push was misguided, and unjustified.

• She speaks about the strength of the brand and maintains the surprise of not knowing what was going on. She’s surprised, you’re surprised, the bank was surprised, and now the investors are surprised too.

• Terms like “flat out lie”, and “smearing my good reputation” undermine the tone of professionalism that is expected in court affidavits.

• Admitting lack of oversight could invite questions about her abdication of financial oversight (which might be very alarming to investors).

• It’s strange that she continues to mix the defense of the business with Public Relations gobbledygook. Sales figures are so irrelevant to what’s happening.

Thank you for reading, I’m sorry this was such a long read.

Receivership cat will take it from here thank you very much have a nice time in Martha’s Vineyard, oh and also I need those keys too.

UPDATE 8/23-

I had intended today’s update to dissect the mind boggling affidavit that Fawn Weaver had submitted to investors where she essentially accused CFO Senzaki of just about everything including making sure that the Buffalo Bills never won a Super Bowl, but the judge had other plans and went ahead and assigned the receiver, so that will be the majority of the update today, and the affidavit will have to wait until Sunday.

Before we get started a couple of things-

• To everyone that’s contacting me, please be patient with my late responses, I promise I’ll get to you, your stories are important, and I want to hear them, but I’m stretched perilously thin.

• A clarification about what I wrote about the still being a “prop.” The still itself is a REAL still. It COULD work. It won’t without the infrastructure I mentioned it needing, but words matter, and the word prop could be interpreted as fake. It’s not fake, it just cannot make whiskey as it stands.

• To the Angel on my shoulder, I couldn’t keep doing this without you. Thank you for your guidance, counsel, and support. CHEERS!

• The receivership document is 18 pages long. I know the last few updates have been lengthy, and this document is filled with so much legalese, so I’ll post the highlights today because I desperately need to touch grass. Reminder, my commentary will be italicized.

Here are some quick hits if you don’t have the time to dive in a bit deeper.

• The Receiver may initiate bankruptcy proceedings. Which is good, because that’s his specialty.

• The Receiver can sell receivership property. Which is good for the bank.

• The Receiver is authorized to foreclose on any receivership assets with notice, and not needing court approval.

• The Receiver is authorized to Investigate and initiate new legal actions to recover Receivership Assets or their proceeds if held unlawfully by any party including Uncle Nearest or its affiliates. If I was someone who did something dumb, this would be my oh shit moment.

• The Receiver is authorized to contact anyone and obtain any documents or information he deems necessary to carry out the responsibilities of the receivership. This means any NDA will be undone when speaking with the receiver. It does not mean you can go ham on socials.

• Fawn and Keith Weaver may continue to market the brand and manage branding activities, but only under the Receiver’s supervision. I always feel like, somebody’s watching meeeeeeee

Receivership cat is going to have a lot of "one more thing” questions to ask.

I’m going to summarize a lot here since the documents are so wordy. You can get the more detailed stuff below, but I’d pour another pint of cold brew before you do. It's.ok to have another cup of cold brew in the summer.

• Management of Uncle Nearest Operations: The Receiver is authorized, empowered, and directed to direct and cause Uncle Nearest and the Subject Entities, and each of their officers, directors, partners, managers, agents, servants, employees, representatives, attorneys, and all persons in active concert or participation with them who receive notice of this Order by personal service or otherwise, to continue to manage all of the ordinary course operations of Uncle Nearest and the Subject Entities. For the avoidance of any doubt, this means Fawn and Keith Weaver may continue to market Uncle Nearest products and manage the Uncle Nearest brand, subject to the Receiver’s supervision.” This is the “Fawn and Keith go sit in the corner and let the adults work” provision.

• Keys: The Receiver shall have exclusive (except as such access may be designated by the Receiver) access to all keys, lock combinations, passwords, access cards and other means to access locked areas or devices relating to the Receivership Assets, including all lockboxes and locked drawers and cabinets. The Receiver is authorized to make copies of such keys, passwords, access cards, and other means to access locked areas or devices relating to the Receivership Assets for his use in the administration of the Receivership Assets and the receivership estate. Remember the scene in the first Terminator movie where the Terminator says, “Your clothes, give them to me, NOW!.” This reminds me of that.

• Quarterly Reports: The receiver must provide quarterly reports to Uncle Nearest, the lender, and the court. These reports need to detail how the receiver has spent money, including payments made for receivership activities and expenses for Uncle Nearest, the Subject Entities, and the Eady Road Property. The reports must also describe the receiver's overall activities and the financial and operational status of Uncle Nearest. The first report is due on October 1, 2025. This is called “save the date” because we will at long last have a look at what’s Real and what’s Fawn Real.

• No Fiduciary Relationship: Nothing in this Order shall be construed such that the Receiver is considered to be in a fiduciary relationship with the Plaintiff, any of the Defendants, the Subject Entities, or all of them collectively.

IYKYK

The court has ordered-

• “Appointment of Receiver: Phillip G. Young, Jr. of Thompson Burton, PLLC is hereby appointed as receiver (the “Receiver”) of Uncle Nearest2 (including the Subject Entities, as defined below) and the Receivership Assets (as defined below). The Receiver does not have any interest materially adverse to the receivership estate and the appointment of the Receiver is in the best interests of the receivership estate and its stakeholders.” This man is not a clown.

• “ Each of the parties’ proposed candidates was well-qualified to serve as receiver in this case. The Court chose Mr. Young based on: (i) his extensive restructuring and bankruptcy experience, including regularly serving as a receiver and representing both debtors and creditors; (ii) his familiarity with relevant Tennessee and Sixth Circuit law as a practicing Tennessee attorney; (iii) his physical proximity to Uncle Nearest’s operations which will enable greater oversight with minimal additional costs; and (iv) Defendants’ representations as to Mr. Young’s intent to collaborate with Fawn and Keith Weaver to preserve customer goodwill while fulfilling the receivership’s objectives.” Fawn Weaver will likely spin this as a W since it was their pick. Receivers are charged with doing things by the book, and are not likely to fall under the spell of a master of flimflammery.

• “The Receivership Assets: The “Assets” include (i) all of Uncle Nearest’s assets, including proceeds, wherever located, including but not limited to, all of Uncle Nearest’s: (a) right, title and interest in any property, real and personal, tangible and intangible, of whatever kind and description, wherever situated, including, without limitation, the Nearest Green Distillery Real Property, property leased or occupied by Uncle Nearest, all rents, litigation claims, accounts receivable, computers, all media on which information is stored electronically, vehicles, equipment, inventory, furniture, furnishings, licenses, permits, books, records, documents and intellectual property; (b) rights (including rights to payment and distributions), title, and interest, whether now owned or hereafter acquired in, under and to any entity (including, but not limited to, Domaine D’Anatole, Inc., Domaine D’Anatole, S.A.S, UNAH, Inc., S1 Organic Vodka, LLC, UN House MV, LLC, Uncle Nearest Ventures, LLC, and the Nearest Green Historical Preservation & Culture Fund, including any rights of control, ownership, distribution, and participation (collectively, the “Subject Entities”)); (c) cash and any bank and brokerage accounts; (d) any other property in which the Lender is granted a security interest pursuant to the Security Agreement and/or UCC-1 financing statements recorded against Uncle Nearest in favor of the Lender; and (e) claims and causes of action of any type, whether in equity or in kind, in contract or pursuant to a promissory note or any other enforceable agreement, in litigation, via settlement, or pursuant to any form of insurance policy or coverage (collectively, “Causes of Action”); and (ii) the Eady Road Property, in each case, including proceeds therefrom.” In short, ALL OF IT, even the things you think we don’t know about. All of these are now under the control of the Receiver

• Order Governs the Receivership Assets: It is the intent of the Court that this Order applies to all Receivership Assets and that this Order encompasses the receiver powers including but not limited to the power to sell receivership property. You don’t need a dude with a laptop to explain this to you.

• Cooperation by Defendants: Uncle Nearest, the Subject Entities, and each of their officers, directors, partners, managers, agents, servants, employees, representatives, attorneys, and all persons in active concert or participation with them who receive notice of this Order by personal service or otherwise, shall immediately deliver to the Receiver: (a) any and all Receivership Assets in the possession or under the control of any one or more of them; (b) all of Uncle Nearest’s past records, including, without limitation, accounting records, tax records, disbursements, banking records, and any other books and records for the period from July 22, 2022, through the date of this Order; (c) all of Uncle Nearest’s past records, including, without limitation, accounting records, disbursements, banking records, and any other books and records requested by the Receiver for periods beyond the period prescribed in (b) above; (d) copies of all material contracts to which Uncle Nearest is a party and all operating agreements and/or organizational documents, including corporate bylaws or similar governing documents, for Uncle Nearest and any Subject Entity; and (e) copies of any complaint filed against, or written demand or claim issued to, Uncle Nearest or any Subject Entity. The date July 2022 precedes the missing barrels, so they want to look at everything that led up to that. This is called painting a picture and the picture is probably that dude that splats paint on the floor.

The cats are out of the bag, and the house of cards is on FIRE. CEO- I know, let’s go hunt wabbits that can save us.

To the current employees of Uncle Nearest- Every one of us is thinking of you right now. We know what this all means to you and what you’re going through. While the Fat Cats’ partying and fronting grabs all of the attention, we think of you and your families trying to make it through another day.

UPDATE 8/22-

I’m working on some angles, and I’m sorry these are taking time. Please bear with me. Today we are going to tackle some things from the Q1 2025 investor report below, and it’s lengthy. Before that some questions and thoughts.

• There is no $1.1 billion valuation from Forbes. The NY Times and Forbes reporting on the lawsuit are now referring to the $1.1 billion as “SELF-DECLARED VALUATION.” All of my research on the origins of this valuation came to two articles that referred to Forbes making the claim, but were merely mentions of it by reporters for Forbes, who apparently took Fawn’s words and printed it. It’s incredible to me that so many things that have been said about the SELF-DECLARED PEOPLES CEO were just made up and repeated without verification.

• The still at the distillery doesn’t work. There are no pipes under the building. There is no adequate water/sewage infrastructure that could allow the still to operate. It’s a prop. A dummy. Investor/bank money went to this very expensive copper topped toy that couldn’t function if they wanted it to. The story of why it isn’t working has been changed repeatedly over time. First it was they didn’t have the water rights, then a surveyor fucked up (I’m guessing they couldn’t pin this on Senzaki the CFO), then they don’t have the power infrastructure, by the time the still was in place, it became the still wasn’t being used because it couldn’t meet the production demands. Any angel investor savior numbskull buying this dumpster fire would have to have capital left over from their fleecing to install pipes/power/water/sewage etc… and assorted other infrastructure improvements to make the thing push out one single drop. CLARIFICATION- The still COULD work with the infrastructure built out, my use of the word “prop” was not meant to imply it wasn’t a real still. It is, it just doesn’t work, and can’t as it sits.

• The HBCU Old Fashioned Challenge was probably bunk. The concept was you would go to a bar/restaurant and order an Uncle Nearest Old Fashioned, scan a QR code, or the bar would tally it, or use the # with your picture of the drink, and $1 would go to the HBCU fund with a $1 million cap. This doesn’t pass the smell test. There was no infrastructure to track this information. Who reported this to UN? Did anyone collect this information and tally it up? Many of us have been to a bar on a Friday or Saturday night when it’s elbow to elbow and inevitably we’re standing next to someone with just a bit too much stink water on their necks. I’m expected to believe that if I go to the bartender who is inevitably in the weeds praying for a shot or canned beer order, and ask for an Uncle Nearest Old Fashioned, that they will collect my data and alert Uncle Nearest that they now owe a dollar to an HBCU? PLEASE. No one was collecting this information, and no one was tasked with collecting this information. Marketing ploy? Sure, and probably ok if the intention is to deliver that $1 million anyway. The question is, DID THEY? The whispers are that they did not, but these are whispers. I’m trying to find out.

• With so much malarkey out there about this brand, I find it hard to trust literally anything about it anymore. I’m looking at everything. Every claim made isn’t a lie of course, but in my experience serial liars and narcissists will lie about the smallest and most insignificant things (like our whiskey doesn’t cause hangovers) so I was surprised that I found something that is in fact true. The Guinness Book of World Records actually does recognize the world’s longest bar as belonging to Uncle Nearest at their Humble Baron establishment. I wonder if Death & Co. got paid for designing it.

• In their latest reporting Forbes was presented with financial data. Let’s break it down below.

Sixth man is a sportsball reference and in this case the investors are the sixth man. This is from the Q1 2025 investor deck.

Traveller, wow. Just wow and whyyyyyyyyyy?

Woodford Reserve not bad for a hot summers day.

I’m pretty sure they won 28 medals for this ranking. A world record probably.

I’ve asked where the money has gone. I’m still asking. Here’s a look at some of it, and it’s under the assumption that the documents created by Uncle Nearest, are factual.

1. Balance Sheet vs. Cash

•    Assets of $188M don’t mean $188M was spent well.  A huge portion sits in inventory ($67M+) and fixed assets ($77M+ land, buildings, equipment). Cash has collapsed to ~$2.5M projected — meaning most prior cash infusions were converted into things you can’t quickly turn back into cash.

•    Liabilities of $135M show that a large part of spending was debt-funded, not generated from operations. Translation: They borrowed heavily, and much of that went into inventory build-up + property build-out instead of maintaining liquid runway.

2. Signs of Overspending

•    Payroll growth: exploding from $2.5M → $12.2M annualized, even while cash is thin.

•    Marketing growth: from $195K → $7.5M. That’s venture-scale marketing without venture-scale cash.

•    Tourism build-up: projecting $3M revenues from tours, but that probably required tens of millions in visitor-center construction + promotion.

These don’t “lose” money so much as trap it in slow-return projects.

3. Phantom Revenues

•    Counting “Square One Vodka” and “Premium Cognac” as if they’re active revenues obscures the fact that these lines may have already absorbed development, branding, or launch costs — without producing real sales yet.

•    That’s money out the door with no near-term inflow.

4. Debt Service Spiral

•    Interest expense is already $13M annualized. That’s money leaving every year just to service prior borrowing.

•    If you track where the big holes are, debt service + capital expenditures + inventory lock-up = most of the “disappeared” cash.

5. What’s Missing in Disclosure

•    No clear schedule of CapEx by project (how much was spent on land, buildings, plant upgrades, visitor center, etc.).

•    No cash flow bridge over time (e.g., how did $X of equity + $Y of debt get allocated across operations, inventory, and CapEx).

•    Without that, you can’t fully trace where the money went — you only see where it sits now.

Bottom Line

•    The money didn’t vanish — it calcified into hard assets, inventory, and interest expense.

•    The problem is that those assets don’t produce enough liquid return to service debt and fund operations.

•    That’s why cash is nearly gone despite “assets” looking big.

•    And yes — inflating revenues with products not for sale + overstated projections suggests they’re masking cash burn rather than explaining it.

1. Liquidity vs. Assets

•    Assets reported: $188M

•    Cash on hand: ~$12M (dropping to $2.5M projected).

•    Majority of “assets” are tied up in inventory, receivables, and fixed assets — not liquid.

•    If forced into liquidation, asset values would be heavily discounted → they’d still fall short of covering the $134M liabilities.

They present as “equity positive” but in reality are cash-starved and liquidity constrained.

2. Revenue Recognition Issues

•    Square One Vodka ($10M projection) and Premium Cognac ($2.5M projection) are listed as revenue lines, but these products are not yet for sale.

•    Under accounting standards, you can’t recognize revenues for products not sold — these should be future potential, not booked revenues.

This is misleading, bordering on misrepresentation.

3. Aggressive/Unrealistic Growth Assumptions

•    Distillery Tours: $381K actual → $3M projected (8x increase). No clear operational plan to justify that scale of visitor growth.

•    Marketing & Promotions: Jumps from $195K → $7.5M. That’s a 38x increase, outpacing revenue growth, with no guarantee of ROI.

•    Payroll: Grows 5x ($2.5M → $12.2M). Indicates spending like a mature multinational, not a company with liquidity stress.

Growth assumptions appear inflated to show an “explosive expansion” story.

4. Interest & Debt Servicing

•    Interest expense: Already $3M/quarter → projected to $13.7M annually.

•    Debt burden ($105M+) remains massive.

•    Operating cash flow isn’t sufficient to cover interest without new financing.

They look like they’re betting on future fundraising or refinancing rather than true operating sustainability.

5. Working Capital Pressure

•    Accounts Receivable: $28.5M actual → $30M projected. Very high relative to revenue. Suggests cash collection issues — customers aren’t paying quickly.

•    Inventory: $67M actual → $69M projected. Enormous amount locked in stock. If demand doesn’t materialize, that’s a stranded asset.

Liquidity trapped in AR + Inventory leaves little room to maneuver.

6. Equity Picture

•    Reported “equity” of ~$53M → projected $66M.

•    But this is book equity, not cash.

•    Retained earnings show a massive accumulated deficit: -$83M improving to -$70M.

This suggests years of losses, propped up by paid-in capital, not operational profitability.

7. Cash Flow Mismatch

•    Cash from operations = $9.2M in Q1 2025 (strong on paper).

•    But most of that is driven by one-off “other inflows” ($8.5M).

Without that, operations would barely be breaking even.

Bottom Line

•    Solvency risk is masked by inflated asset valuations.

•    Liquidity is dangerously thin despite “big assets.”

•    Revenue lines include products that don’t exist yet.

•    Growth assumptions (tours, marketing, payroll) are overstated and unrealistic without concrete proof.

•    Debt burden + interest is unsustainable on current cash generation.

•    Equity cushion is accounting smoke, not real safety.

This paints a picture of a company that is over-leveraged, under-liquid, and dressing up projections to look like explosive growth — while actually facing serious short-term cash strain.

ALSO about those $21 in missing barrels:

1. Balance Sheet Implications

•    If barrels worth $21M are missing, then either:

◦    They were included in “Inventory” ($67M+) but aren’t physically there, which means the asset line is overstated by $21M,

◦    Or they’ve already been written off quietly, which would’ve burned through more equity/cash than is visible.

Either way: the $188M “assets” number is misleading if it still counts those barrels.

2. Cash Flow Implications

•    If those barrels were financed (via loans, vendor credit, or cash), then money has already been spent — but the value they’re supposed to represent no longer exists.

•    That means: the hole is deeper than the balance sheet suggests. Instead of being $55M short of covering debt, it could be closer to $75–80M.

3. Operational / Governance Signal

•    Barrels don’t just “go missing” — that’s either:

◦    Poor controls (leakage, theft, miscounts),

◦    Or strategic obfuscation (claiming they exist for collateral or valuation purposes).

•    Either explanation undermines the credibility of the entire financial snapshot.

Bottom Line (with barrels included)

•    The gap isn’t $55M — it’s worse, likely in the $75M+ range once you strip out missing inventory.

•    It explains even less about “where the money went,” because part of it literally went into product that can’t be accounted for.

•    That loss compounds the liquidity crisis: not only is cash near-zero, but the asset base backing the loans is shaky.

Lastly, it looks like she built image, when she could have built infrastructure.

Accountant cat is having a severe case of the WTF’s.

UPDATE 8/21-

Before we begin with the frequent updates for today, there’s something I want to say. I promise there will be updates and I’ll get to them shortly. Yes, the motion to compel mediation was denied. And you can read it below., but first.

When I started writing the first piece on the lawsuit, I had intended to lay a foundation of what was happening, so I could then tell the story I still haven’t been able to write.

The story I had intended to write, was about the people that were impacted, and have suffered by coming into contact with Fawn Weaver and Uncle Nearest (sad that the two are now forever inextricably connected).

This story, and my writing about it, has taken on a life of its own.  I’m no longer the captain of a ship trying to make my way to port.  I’m adrift in the ocean, being taken where the winds and currents of this story direct me.

I hate that I’ve fallen into this space, I’m not a full-time reporter, I’m a hobbyist at best.

I feel a responsibility to those folks that have shared some incredibly heartbreaking experiences.

These stories include abuse, being taken advantage of, wicked people perpetrating wicked acts on unsuspecting people that believed so deeply in a thing greater than themselves.

Some invested their own money.  Some invested their labor.  All gave more because they believed! All have invested their heart into something bigger than themselves at great cost to their financial, emotional, and mental health.  Many have had to go through therapy to repair damage to themselves and their relationships, some have had extreme medical episodes and in one case, tragically, a loss of life.

I would like to write these stories but this isn’t the time, nor is it my place. What they went through and experienced are stories that belong to them and are theirs alone to tell when they are ready. These people have been incredibly generous with their time, and these conversations have given me ideas on where to look.

I will continue to try to shed light on the disturbing things going on at Uncle Nearest, and the leadership that built it, owns it and runs it.

The people I’ve spoken with feel they have been wronged by the Weaver’s/Uncle Nearest.  Every single one of them are still dealing with the ramifications of their having crossed paths with the Weavers’s.

Most have been resilient enough to get through it, but none have emerged unscathed.

Thank you for reading,

- Mickey Pinstripe

The denial for mediation is below.

Stress? What’s that? Titanic cat was built for this. Titanic cat also designed a new hover life boat, would you like to invest?

The motion to compel mediation has been denied. Here are the details from the court documents. A reminder that my thoughts are italicized.

• “On 8/7 the Court held a hearing on Plaintiff’s Emergency Motion for the Immediate Appointment of Receiver. At this hearing, Defendants’ counsel orally requested that the Court order the parties to mediate. The Court declined to entertain this request.” Told them once… this is known as foreshadowing.

• “A little more than a week later, and specifically after the Court issued its Memorandum Opinion and Order grating Plaintiff’s Emergency Motion, Defendants filed the instant Motion to Compel Mediation.”

• “Defendants represent that “Uncle Nearest, together with a group of high net-worth and well-funded investors represented by Holland & Knight LLP (the ‘Investor Group’), have made multiple, good faith attempts over the last month to pursue a commercial resolution of the claims in this case, including repeated requests to Plaintiff that the Parties ad the Investor Group participate in mediation.” I wonder if we will ever know who these high net-worth fat cats are.

• “They further represent that while Plaintiff has previously expressed some interest in mediation, the parties have been unable to agree to mediate this case.” You own me money. Pay me. No. Fine.

• “Finally, Defendants assert that ordering the parties to mediate at this time—and particularly before the appointment of a receiver—would protect the parties’ interests and conserve judicial resources.”

• “Plaintiff opposes Defendants’ Motion, arguing that mediation would be premature, impose unnecessary expense, and distract from selection of a receiver. Plaintiff further notes that it knows little about the Investor Group, including whether it “has the resources or willingness to consummate a transaction” to Plaintiff’s satisfaction. Finally, Plaintiff is concerned that mediation discussions would not be kept confidential given that Defendant Fawn Weaver has publicly discussed and alluded to this case and the issues herein despite the parties’ Agreed Order. “ Gag orders only work if you wear the gag up over your nose. Didn’t we all learn this with masking during Covid?

• “The Court finds Plaintiff has the better argument. In particular, the Court agrees with Plaintiff that the parties should be focused on the impending selection of a receiver rather than mediation. As the Court discussed when granting Plaintiff’s Emergency Motion, a receivership is necessary to protect Plaintiff’s interests given the circumstances underlying this case.”

• “Every day a receiver is not appointed is another day Plaintiff is being denied relief it has already demonstrated an entitlement to. Furthermore, Plaintiff’s opposition to Defendants’ Motion seriously calls the utility of a court-ordered mediation into question.”

• The judge references “‘The court cannot require any party to settle a case,’ Lockhart v. Patel, and it does not appear that Plaintiff is open to settling its dispute with Defendants, at least at this time.”

• “Consequently, a court-ordered mediation would likely have little more effect than delaying the appointment of a receiver.” Delay IS the point.

• “For the foregoing reasons, Defendants Motion is DENIED” Note that all-caps and bold is on the document. And also, now they’ve been told twice.

ADDENDUM-

• “1 The Court finds it troubling Mrs. Weaver has publicly discussed matters arguably covered by the Agreed Order, [see Doc. 29 at ¶ 2], and even gone so far as to make light of her obligations under it. See Fawn Weaver (@Fawn.Weaver), Instagram (Aug. 15, 2025), https://www.instagram.com/fawn.weaver/reel/DNYqTLNJW8S/; Fawn Weaver (@Fawn.Weaver), Instagram (Aug. 17, 2025), https://www.instagram.com/fawn.weaver/reel/DNb1WkIs-Q0/. Nevertheless, the Court presumes Mrs. Weaver did not intend to engage in any potentially proscribed conduct and will take no further action at this time. That said, the Court will recommend that Mrs. Weaver confer with counsel prior to making future public statements to ensure that her conduct does not run afoul of the Agreed Order.” I don’t know why, but I’m reminded of a scene in the original Top Gun where it’s said that “The Russians don't take a dump son, without a plan.”

The Surgeon General warns that busses are harmful to CFO cat’s and should be avoided at all times. Also, how does a “fraud” get discovered, but you don’t run that bus over CFO cat until 20 months later?

UPDATE 8/20 #2-

• Unpaid taxes don’t mean anything. Unless they do.

I got a lot of problems, unpaid taxes aren’t one of them. Also, does this look like the tax bill of a billion dollar company?

UPDATE 8/20-

Court today. Could be news, could not be news. In the meantime hello to the LSA folks.

• The Business License for Nearest Green Distillery has been revoked due to delinquent filing of the annual business report which was due 6/10/25. Prior to that, there were no delinquencies.

• The Business License for Uncle Nearest Inc. has been revoked due to delinquent filing of the annual business report which was due 6/10/25. Prior to that, there were no delinquencies.

• The Business License for the Humble Baron has been revoked due to delinquent filing of the annual business report which was due 6/10/25. Prior to that, there were no delinquencies.

• The Business License for Shelbyville Grand LLC (Keith Weaver) has been revoked due to delinquent filing of the annual business report which was due 6/10/25. This is their second delinquency, the first being in 2022.

• The Business License for Nearest Green Historical Preservation & Culture Fund has been revoked due to delinquent filing of the annual business report which was due 6/10/25. This is their second delinquency, the first being in 2019.

• There is one that they updated only slightly not on-time, in July 2025. Uncle Nearest Real Estate Holdings LLC. It was marked delinquent the same date 6/10/25 as all of the others, but this one they submitted for.

• With all these delinquencies maybe the bank was on to something about their lack of timely reporting. Look at me defending a bank? What is wrong with me? Who am I anymore?

• Tennessee uses annual reports to verify TAXES. The information in these filings is used by TDR to verify tax obligations. Businesses are required to report their GROSS receipts and other financial details, which are crucial for tax assessments.

• You may be asking why this is important. I was too. Listen, I’m not a tax person (don’t worry I pay mine) so I have no expert insights to offer here, but what I’ve gathered is that while the case is about loans unpaid, the company is likely going to be buried by taxes. Do they report the insane sales numbers they claim and pay TAXES on those claims to save face? Or do they post the actual numbers to reduce their tax burden? Well, they don’t have the money to pay the loans, or their contractors (who mostly only accept cash due to their delayed payments and declined cards), so where is the scratch for taxes going to be found? Under the couch cushions? If they lied about the sales numbers this year, they’re porked. If they’re telling the truth, they’re porked anyway, and lose face about the claims made. Do they even have to pay taxes if they aren’t profitable? Do I need to call HR Block?

• A likely result of receivership is a forensic accounting. With so many LLC’s in so many places, it’s going to take a team to crack this apart and see where all that investor money went.

While the CEO quotes proverbs, the bank sits at the Tipsy Cat Bar, opting to not interrupt their enemy while they continually step on rakes. .

UPDATE 8/19-

While we all wait for more information out of the courts on 8/20, here are some other things that are related.

• A federal judge has ruled that sex discrimination, harassment, and retaliation claims brought by former employee Garcelle N. Menos against Uncle Nearest, Inc., and its co-founder and CEO, Fawn Weaver, will proceed to a jury trial. You can read this complaint here.

• The accused harasser was allegedly known to employees as handsy, frequently and relentlessly inappropriate, a messy drunk, and a lout. It is alleged that he was not terminated because he knows where a body or two might be buried. Unsurprisingly Fawn comes off in her response to the plaintiff as callous, lacking empathy, and annoyed by her having secured legal representation. You know, caring boss things. Do you know why people secure legal representation? Usually because they fear they have no other recourse. Question for the audience, what $1 billion company doesn’t have an HR department? Uncle Nearest of course. Also, not really a $1b company that we can tell outside of them claiming it and Forbes saying it before all of this legal stuff.

Random Thoughts-

• I’m struck by the contrast in the legal filings between the parties. The banks lawyers seem to have a very good grasp on how things work in court, and the Weaver’s filings have been, soft, amateurish, and silly. The public persona that the Weaver’s are keeping, portray a power couple playing 4d chess, but their court performance leans more towards Candyland. There is so much “trust me bro” going on that it’s now at the point where it has become foolish to trust what they say, and everything they’ve said.

• I’m questioning if Forbes ever did provide a valuation of $1 billion or if it was simply self-declared. So far all links in articles that I’ve explored that are referencing this claim refer back to one or two articles and there’s no source for the actual valuation claim that I can find other than “Forbes said so.” If I can find the original source, and I am exploring this, I will update this segment.

• I’ve got questions about the HBCU Old Fashioned Challenge.

• Are there any pipes under the still? Will it ever produce a single drop?

• Did the UN Venture Fund actually help any small businesses?

• Is Senzaki really at fault or was he doing what he was directed to do?

• Does RNDC really have a backlog of UN inventory, and is the goal of operation #cleartheshelves a ploy to move that inventory and get the distributor to buy more? The bottles on shelves are rather meaningless, as that money has already been paid to UN. Getting stores to clear out inventory, and having them clear out existing distributor inventory, and having the distributor ORDER more is what’s important.

• Are there really a bunch of new sucker investors that won’t do their due diligence and at least look at the court documents?

• They claim to have never taken VC money but in my research a few of their early investors were in fact VC’s. Altrus Capital, East Chop Capital, Hybridge Capital Management, Strand Equity, CB3 Holdings. Note that Strand Equity no longer includes UN on their portfolio page.

• If they’re having trouble paying their loans, what about TAXES? Capone went down for that.

For my next trick watch me pull a new group of made up investors out of my hat.

UPDATE 8/18-

The bank filed their objection to mediation. Here’s their stuff.

• The plaintiff, Farm Credit Mid-America objects to the motion to compel mediation.

• They feel the parties should be focused on the selection of a receiver. I mean, the judge did order exactly this for 8/20.

• They reiterate that the Court has found the appointment of a receiver as necessary to protect their interests.

• They remind the court that the decision wasn’t taken lightly.

• They suggest that UN should be focused on the selection of a receiver. I mean, when has UN acted on suggestions? Don't blink or something something.

• They claim that UN is attempting to delay receivership by this request. Delay, deflect, deny, distract.. anything to avoid accountability or responsibility for literally anything.

• The bank claims that UN failed to disclose that they’ve been negotiating for the last 18 months without resolution.

• Not until last week was counsel for the purported group of high net-worth investors identified, and UN has still not disclosed to the bank the members of this newly formed “investor group.” Banks don’t take flimflammery seriously. Nor should anyone else really, but there are suckers, and then there are suckers.

• The terms of their latest settlement offer are unclear, and due to all the other distracting and unsupported communications, the bank is requesting that all future offers be in writing and signed by all involved parties. The bank essentially said no more smoke and mirrors plz, k-thx-bye.

• Uncle Nearest has admitted that its solvency is questionable. Uncle Nearest does not have the financial wherewithal to fund any sort of settlement. They’d need years of #cleartheshelves probably.

• The bank suggests any mediation discussions will likely not be kept confidential. Despite the court order, the CEO (Fawn Weaver) continues to make comments about the litigation and the company’s strategy and is encouraging others to do the same. She has publicly invited others to reach out to her privately so she can further discuss the litigation. Proverbs 86:47- Whoever talks first, last and loudest is often lying, PRETTY sure that’s in some bible that exists only in my head. That the bank submitted links to Fawn Weaver’s IG reels, is pure solid gold.

It doesn’t take a haggard one-eyed street cat that’s smoking cigarettes to know that this company is poorly run.

UPDATE 8/17 Part 2-

• The Weavers filed a motion to compel a confidential mediation prior to receivership emplacement. Radical transparency my left foot.

• This motion was meant to bring the bank to the table to discuss the manner of a new investor group taking on the debt.

• The investors group is being represented by Holland & Knight LLP.

• The unnamed investors are a group of “high net-worth and well-funded investors.” Also, high-falutin’, fat cats, titans of industry, and straight up ballers, probably.

• The goal of the mediation is to work toward a commercial resolution to the litigation.

• The Bank has expressed a willingness to mediate.

• The mediator recommend by the defendants is on the court approved list of mediators.

• The judge has NOT yet granted this motion, with the order that ALL individuals with binding settlement authority attend the mediation IN -PERSON. Including the new investor group and/or its representatives. (this means Fawn can’t sell whiskey, or call in sick, or send her husband to take his lumps for her).

Spinning a mediation as your master plan can cause headaches in cigarette smoking cats.

UPDATE 8/17-

Here are some interesting background things from the Receivership hearing. I have the court documents. Wheeeeeee!

• The cumulative result of these documents is that Farm Credit holds a security interest in almost all of Uncle Nearest’s property.

• On July 26, 2023, the Credit Agreement was amended for the sixth time. This amendment, unlike those that preceded it, stated that Uncle Nearest had committed multiple “Events of Default.” Farm Credit nevertheless agreed to waive these Events of Default and further increase Uncle Nearest’s revolving loan limit to $67 million “in reliance upon Uncle Nearest’s representations as to its success and strategic growth.”

• On December 23, 2023, Farm Credit waived additional Events of Default in the parties’ seventh amendment to the Credit Agreement. But while Farm Credit was willing to waive these Events of Default, it was not willing to let Uncle Nearest avoid additional scrutiny.

• The parties then engaged in a series of negotiations that ultimately resulted in an April 15, 2025, Forbearance Agreement. Under the Forbearance Agreement’s terms, the parties agreed there were multiple outstanding Events of Default, but Farm Credit promised not to exercise its contractual rights relating to these defaults for the duration of the “Forbearance Period” provided that certain conditions were met. Importantly, the Forbearance Period automatically terminated on the occurrence of a new Event of Default.

• Shortly after the parties executed the Forbearance Agreement, Uncle Nearest began triggering new Events of Default by, among other things, failing to make multiple loan payments, including a $10 million paydown. As a result, Farm Credit filed suit, seeking to recover the more than $108 million Uncle Nearest owes in outstanding loans. This is some masterclass of business acumen. Negotiate a forbearance period, and then default AGAIN?

• The Court will begin its analysis by looking to Uncle Nearest’s solvency and whether there is adequate security for Farm Credit’s loans as these are “the most important factors in evaluating whether to appoint a receiver.” . Starting with solvency, the Court directly asked Defendants’ counsel whether Uncle Nearest was solvent.. And although counsel was unable to definitively answer this question, he indicated that Uncle Nearest’s solvency was in question and that the business is experiencing cash flow problems.

• Turning to whether there is adequate security for Farm Credit’s loans, the Court finds there is not. The lack of certainty surrounding Uncle Nearest’s solvency itself supports the conclusion there is not adequate security.

• It is undisputed that Uncle Nearest’s revolving loan was increased by $24 million because of Senzaki’s misrepresentations concerning Uncle Nearest’s barrel inventory. Given that this $24 million was supposed to be secured by the illusory whiskey barrels, that these barrels do not exist strongly suggests that the loans are not adequately secured, particularly where almost all of Uncle Nearest’s other assets are already encumbered. Accordingly, this factor weighs in favor of a receivership.

Tarks bar, It’s where you go to wash the taste of bullshit out of your mouth.

UPDATE 8/16-

• Fawn Weaver has posted another propaganda piece. No, I will not blindly quote it, you can watch it your damnself.

• She acknowledges that she’s under a gag order, but knows she can make some points anyway. 2 points, she wants shared “since lies spread faster than truth.” Lies, always about everyone lying. Someone is lying, but not everyone. Probably some ONE.

• What are those points?

• 1- “Keep clearing the shelves.” She spends a ton of time talking about sales figures that are frankly unverifiable. I’m not saying the sales percentage growth is not true, what I’m saying is that without documentation, you can say that you sold eleventy-million bottles all you want. Which, is part of why we’re here. If I sell 10 bottles last month, and 20 this month, that’s a 100% increase!! Share the cases moved, percentages are meaningless without that. Going through the list of states and showing the increase in percentages is fluff.

• 2- “Don’t believe the fake news. Some reports claimed she no longer owns/runs the company.” No, I’m sorry, no one is saying she doesn’t OWN the company. They are saying that a receivership would remove her from management of the company. Using the “fake news” nonsense to deflect things that are ACTUALLY happening is utterly stupid, and utterly effective if you read the comments on her socials. We are fully in propaganda saturated territory here.

• She plugs her book. She keeps saying god built her for this etc.. on and on. She may in fact end up keeping the company and making it the grand success she claims it is, but it’s ALL about her. Did you know you can order her book off of the Uncle Nearest website? Yeah, I’m not linking that either.

The Drunken Whiskers is where you go when your quota for swallowing bullshit has reached max capacity (unlike a certain still that still isn’t doing anything).

UPDATE 8/14-

• On 8/14 the Judge overseeing the lawsuit set the date of 8/20 for both parties to submit their receivership recommendations.

• An email was obtained (I have not seen the email, but if you have a copy, send it along) with the Weaver’s addressing their investors. You can read the original reporting here.

• The email states that “Both the bank, and the financial advisors working with them, as well as the restructuring company engaged on our side, spent the past three months urging us to file for Chapter 11 bankruptcy.” Sounds like everyone thinks Chapter 11 is a good idea.

• The Weavers continued, “While that approach might have been more straightforward for us personally, and would allowed us to control the narrative in the press, we chose instead to risk receivership. A Chapter 11 might have benefitted us, but it would not have benefitted you.” Oh, apparently there’s a better idea against all advice and only one person can save us. Sounds oddly familiar.

• The Weavers instead rejected the recommendations, and are now focused on putting together investors to purchase the loan from the bank, which she said has not been willing to “come to the table.” Other than finally resorting to a lawsuit, yeah the bank isn’t keen on another new razzle dazzle. Wait what? NEW INVESTORS? The current ones are probably nervously chewing their own fingers off, and I know, let’s get more investors!

• They continue with “The judge was not aware of this when the ruling came down, but we will update him in the coming days, before he makes a final ruling on the 20th.” Fawn Weaver said she would be meeting with new investors on purchasing the loan. “We will continue working to move this loan from the current bank to a new note holder” she said. How was the judge not made aware of this new dazzling information, when the opportunity was there to make it known? Oh right, selling whiskey, couldn’t attend, had to wash hair my mom took my keys dog ate my homework…. also, really? Who would throw cash money at this giant hole in the ground?