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$8.12 is a very reasonable target. Could get there fast at current pace.
Up a dollar a share today. Should have sold my AI stocks and bought VITL but I don't want to put all of my eggs in one basket.
Thanks for the facts
What other stock has to deal with .00001 trades?
That's a lot of reads for a few posts.
I wonder who gets off on these low $ amount .0005, .00014 and .00015 buys? Should a buy under $1 even move the PPS?
Hope to see a PPS of .0002 today. That .00015 looked good while it lasted. (Yes. Low volume but not as low as the 144 yesterday.)
Voilà. PPS is .00015. iHub L2 is jacked up right now so not sure what is going on with that.
Actually, the PPS has touched .0002 for short durations over the past year.
I would feel better about the company, if we had some filings but they are not required.
I copied the following from X. As you can see, it's not like nothing is happening at Kegs. The X post doesn't agree with your A/S number but I don't care to discuss that further.
“ The future of 1812 Brewing Company looks promising, as the company has been achieving numerous operational milestones and winning awards for its beers ¹. Here are some of the company's accomplishments ¹:
- 1812 Brewing Company has taken control of 100% of its beer production and packaging.
- The company re-launched its top-selling War of 1812 Amber Ale in bottles.
- 1812 Brewing Company reduced its authorized shares by 50% to 10 billion shares.
- War of 1812 Amber earned a Bronze Medal in the 2022 New York International Beer Competition.
- The company engaged investment bank Tully & Holland Incorporated to assist in its pursuit of investment and acquisition targets.
- 1812 Brewing Company eliminated $300,000 of Convertible Debentures by using proceeds from its fixed-price Regulation A offering.
- War of 1812 Amber Ale won a U.S. Gold Medal in the 2022 World Beer Awards and was the United States' Winner in the Amber category.
- The company commissioned a Premier Stainless 3-Vessel 30-barrel brewhouse acquired in Milwaukee, WI in 2020.
- 1812 Brewing Company introduced Thousand Islands IPA to be offered in 12-ounce bottles as well as 16-ounce cans.
- War of 1812 Amber Ale brought home a Silver Medal in the International Brewski Awards.
- The company joined the Watertown Wolves sponsorship team, which includes production of newly created Wolves Den Cream Ale.
- 1812 Brewing Company won a spot in the 2022 New York State Craft Brewers Festival - Syracuse.
- The company's beers became available direct-to-consumer e-commerce in 45 states plus Washington DC with (link unavailable) E-Commerce Agreement.
- 1812 Brewing Company commissioned a Wild Goose Filling, Ska Fabricating, and Pack Leader Canning Line operating at about 3,000 cans per hour.
- The company reduced shares outstanding by 3.4 billion shares of common stock, resulting in a year-over-year net reduction of common stock by approximately 167 million shares.
Yes. Reverse splits aren't inherently bad. If the company uses the higher PPS so that the company can dilute some more, that is a big problem. A reverse split can help a company get into OTCQB or NASDAQ. The main problem I see here is that volume is low. It wouldn't take much volume to gobble up those .0001 shares on the ask and get this stock moving in the right direction. $KEGS has a product and cash flow which is different than many OTC stocks. I'm hoping sales keep increasing.
Making more $ on eggs than all of my AI stocks.
Yes. The OTC is full or one-tick flippers, who can't read an 8K or 10K. They just bash in the hopes of getting some beer money. Pathetic.
Correct. Why would anybody bother to short an OTC at .0029 with fairly low volume?
It happens a lot.
Reminder OTC people. Don't set up a stop loss for your shares. People will come and get them.
Some real games going on with pps at close today.
Yes. It's amazing how easy it is to scare people out with a drop of a few ticks. Whatever happened to patience? Looking for at least a 3X once the 8K drops.
I'd expect the 8K today before noon. Friday is not a good day for announcements.
That was yesterday
L2 is thin on way up and lots of support at .001. Don't expect much movement today but expect steady climb this week.
Some people, who traded yesterday, probably did quite well. Sell at .0022, buy back in at .0008. sell at .001, buy back in at .0009. Under this scenario, 1mm shares becomes 3mm shares.
Yep. Have to admit that the volume is good today. Too bad the news wasn't good. Merger is delayed but not cancelled. going to wait and see what happens here.
Somebody is dumping a lot of shares. Should scare off weak hands.
I'd feel better if the trading volume was a few hundred million.
We have some one-trick ponies that are one-tick flippers here. I guess one can make grocery money doing that type of flipping. Once they become chasers, we should see some regular green days here.
It happens
Sell lots of beer
I wonder how the one-tick flippers feel now?
Didn't close at .0016 but the 15s got gobbled up during the last minute.
The more likely scenario IMO is that we close at .0016. The 15s will get gobbled up as we approach the close and we will probably touch .0016 at the close.
This was predictable. They are coming after weak hands' shares and getting them. Fortunately, not too many weak hands.
$KEGS is #4 on iHUB's most read board and it's also the best looking stock (volume and pps increase) out of the 50 listed. So, it's getting noticed on iHUB.
$$$
Labeler installed at 1812 Brewing .... More videos & pics coming ... $KEGS. pic.twitter.com/fklJgg77Re
— 1812 Brewing Company (@1812Brewing) December 20, 2022
Expect some peeps to scare weak hands so they can get cheaper shares this morning. They are coming after your shares.
L2 is very thin on the way up
The Authorized shares make a difference but it's the Outstanding shares that I really look hard at.
I like watching the cans come out on the filling and labeling line. $$$
https://www.facebook.com/1812BrewingCompany/videos/686247859719537
Not 100% sure. This is what he said in Tweet,
"$KEGS feedback from Wolves hockey match was that people are LOVING Wolves Den Cream Ale .... Great news!! Also, we should have some news next week ..."
That should translate to some more green days.
Always good to have OTC stock in a company that's creating revenue. Many don't.
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