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Recent & Easily Verifiable Facts of KEGS:
KEGS was profitable in the 2nd, 3rd and 4th Quarter of 2024.
KEGS has verifiable assets, 4 properties in New York..
KEGS has 4 active liquor licenses in the State of New York.
KEGS is now delivering beer to 45 states plus DC.
KEGS beer is available to purchase in Canada.
KEGS 1812 beer has won multiple awards in multiple years in multiple competitions.
KEGS won New York Amber Ale Brewer of the Year Award.
KEGS has purchased a new restaurant in Watertown, NY now named 1812 On The River.
KEGS has a restaurant in Sackets Harbor, NY now called 1812 on the Lake.
KEGS has its own brewery & bottling processing facility in Watertown that is 13,000 sq feet (different than the restaurant).
KEGS has addressed the $13.7 million in debt and the note holders have tentatively agreed not to convert until market cap reaches $100 million
KEGS has not issued any new shares since March 1st, 2024... NO DILUTION in over 1 year
Looks like the fool force is out is full swing, kinda like they are attending the singles dance at the river, hahaha, get a life this co came out with great earnings and is anything but a scam, the proof is in the profits, volume, ect!
your talking about RS to scare Newbies from buying your tactics are old very very old, find new tactics please your getting to be really really boring!
Stop downing a great Co that is ready to head North! The train is leaving the station soon, very very soon!
The only scam here is you because your a paid basher, hahaha this ticker is gonna blow!
Your right the volume is Fc..nk great!
It already blows...
🐳
Yup agreed I wouldn't touch this stock .scam all the way.
That's just ignorant. If this stock is to ever be anything of value they MUST R/S. This measly amount of revenue does not support 11 billion shares outstanding with $17 million in debt. Learn how to trade
ceo needs to sell alot of ale/beer like $millions worth. i wonder whether he should begin selling our MAGA AND ULTRA MAGA 'beer through his distributor to be on store shelves might be a big seller? the maga line of beer did very well through the patriot depot website..imo
/
WOW I hate RS! I hate it period, they don't even need to do a RS!
Again , Why hasn't the R/S taken place? The hold up is ? The proposal is in place. Get it over with ... wtf ... all worthless babble is sickness... pull the trigger
ceo first mentioned an r/s march 2024 and its in this new annual report again the most egregious statements he has made repeated 3-4 anual reports now is all the distribution kegs does between new york and florida like 3000 retail locations yet kegs did only $69.778 revs in beers distribution this year.however i do give him credit for buying maggies doing $1.8 million revs in 2022 with beer sales of $325,000.
"e. Management estimates 1812 Ale is distributed
to over 3,000 retail locations in New York and Florida. The Company's bottled and canned products are sold through wholesale distributors to consumers at supermarkets, warehouse stores, liquor stores, taverns and bars,restaurants, and convenience stores. "
Yes the R/S mentioned in the recent annual disclosure has been updated. They are definitely doing a 1:1000 reverse split that will decimate current shareholders even worse than they are currently.
Annual 3/30/2025
Note 8 – Subsequent Events
On March 14, 2024, the Company filed an amendment to its certificate of incorporation with the state of Florida for a 1-for-1,000 stock split in an effort to increase its per share price and, with appropriate funding, to become a fully-reporting (or “1934 Act compliant”) issuer. The Company continues to pursue the consummation of stock split with FINRA but can make no assurances to this end.
Note 8 – Subsequent Events
On March 14, 2024, the Company filed an amendment to its certificate of incorporation with the state of Florida for a 1-for-1,000 stock split in an effort to increase its per share price and, with appropriate funding, to become a fullyreporting (or “1934 Act compliant”) issuer. The Company intends to pursue the consummation of stock split with FINRA sometime in the 3rd quarter of 2024.
But is the RS repeated or no?
Enjoy the reverse split.
much of the annual report is the usual copy and paste as in previous fins but the r/s part is in section note 8.
Why hasn't the R/S taken place ... it's been years wtf
ceo from annual report still desires to do a 1000 for1 r/s so bottom line when this happens all shareholders get the middle finger.i was hoping he would at least buy back or retire a few more shares after his abysmal failure to move our stock price. dont get me wrong still long kegs i just dont like to lose my shares imo by the typical stinkie pinkie fashion.
So now you can enjoy the huge losses from buying into to this worthless stock. Congratulations!!
KEGS assets have increased over 1.7 million.
The debt is up ,assets are up, revenue is way up.
All this after acquiring Maggies' now "1812 ON THE RIVER"
Company is now profitable!
By the way I did, ENJOY, good food, good beer, good time
at "1812 on the River" a few days ago.
KEGS debt has increased over a million to 17.135 million.
Enjoy !!!
as usual too much copy and past however kegs 4th quarter revenue close to $400,000 pretty strong for all the horrible winter weather in watertown,if i recall correctly december alone watertown had a 3 foot snowstorm?.imo
So much for Maggie's bringing in millions LOL. That's pathetic for 3 businesses combined. Hell its pathetic for 1 business. What a POS
Annual report on OTC website:
Annual net income for 2024 is profit of $130,857
compared to 2023 a loss of $306,193
For what? is it because he repeats the same post? Do you know when he gets out?
Does anyone know when the deadline for filings are?
Like filings (disclosures) are going to do anything for this POS. This stock is toast...
does anyone know if they are gonna show filings?
I hub jail. Again.
last time i read nov filings it was a figure in the 14 million range
If you actually read the filings you would know the debt is 15 million. 14 million secured by shares and an additional $1.2 million loan for Maggies secured by realestate
Trading symbol: KEGS
Exact title and class of securities outstanding: Common Stock
CUSIP: 812815 504
Par or stated value: $0.0001
Total shares authorized: 20,000,000,000 at September 30, 2024
Total shares outstanding: 10,804,739,557 at September 30, 2024
Number of shares in the Public Float: 8,486,595,465 at September 30, 2024
Total number of shareholders of record: 250 at September 30, 2024
Total Liabilities $ 14,135,854
Accumulated Deficit $ (14,405,129)
As previously announced, 1812 Brewing Company, Inc. (the “Company”) had been in discussions with its two
convertible debenture (“CD”) holders and a third-party Trillium Partners LP (“Trillium”) to restructure and ultimately
eliminate convertible debt, plus accrued interest, that totaled $13,712,779 as of the period ended June 30, 2022.
As also reported, Trillium and the CD holders entered into an agreement to transfer this debt to Trillium. Elimination
of this debt was and is a top priority for the Company. In 2020 and 2021 alone, the accrued interest on these CDs
generated interest expense of $1.9 million. On October 17, 2022, the Company entered into a Settlement Agreement
and Stipulation with Trillium (“Settlement Agreement”), subject to court review and approval, whereby the Company
agreed to issue shares of common stock to Trillium pursuant to the Section 3(a)10 exemption at a discount of 35%
to the market price (versus a 50% discount that the Company was contractually obliged with the former Convertible
Noteholders). Full satisfaction of the Settlement Agreement would discharge the Company’s convertible debenture
liabilities for $8,486,342 of proceeds to the former CD holders, which represented a reduction of approximately $5
million (or approximately 37% of the outstanding obligations) to the original CD holders.
skankhunt knows kegs debt is not in the tens of millons but now wont post the truth.imo
does anyone know what happened to RMS I think it was RMS 555 or something?
skank knows kegs debt is not in tens of millions
just waiting for the filings and hoping they show a nice profit, it's gonna move IMHO, the Fool Force will run out of options soon enough!
You can't find that information yourself?
"tens of millions "of debt for kegs you say.well give us a number from the filings?
They also have verifiable debt in the tens of Millions
these stores have been restocked with kegs beer in canada since i last read awhile ago sent to me by RMS555
Friday, January 31, 2025 4:47:00 PM
currently there are 17 stores in Canada that have War of 1812 Amber Ale in stock (as 6 pack cans): https://www.thebeerstore.ca/beers/war-of-1812-amber-ale_6-X-Can-355-ml/stock-availability
currently there are 9 store in Canada that have War of 1812 Amber Ale (as a case, 24 cans): https://www.thebeerstore.ca/beers/war-of-1812-amber-ale_24-X-Can-355-ml/stock-availability
Canada is not currently selling any American beer, period.
Not that this SCAM was selling any beer in the first place. This stock sells absolutely worthless shares.
of the more than 400 beer stores in canada kegs was selling to only 17 stores.hopefully kegs online sales through patriot depot made up for the loss of sales in canada.
You might have missed the news about tariffs? Canada pulled all American alcohols from their shelves. You aren't selling in Canada lol
WOW volume man, I love it I want some More of it, "someone want to order me an IPA please?" hahaha I woke up from dreaming turned my computer on and there she was 23+ million down a fraction because the cellar boxers flip this back and forth to keep it down, but that won't last too too long IMHO, well peace out and good freakin luck to all who are hopeful, patience is a virtue!!
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Moderators Stock_Barber Huggy Bear tdbowieknife Top Penny |
Outstanding Shares: 10,804,739,557 03/04/2024
Restricted Shares: 2,318,144,092 03/04/2024
Unrestricted Shares: 10,486,595,465 03/04/2024
1:1000 R/S filed on 3/14/2024
https://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2024%5C0318%5C25746295.Tif&documentNumber=P15000038934
NOTE: The FINRA Daily Short Report does NOT represent naked shorts! Boards where it is used to try to trick inexperienced investors signal a SERIOUS RED FLAG! Read FINRA's own explanation below
https://www.finra.org/investors/insights/short-interest
What Short Interest Is Not
In addition to short interest data, FINRA also publishes short sale volume data. The daily short sale volume data provides aggregated volume by security for all off-exchange short sale trades. This data excludes any trading activity that is not publicly disseminated and is not consolidated with exchange data.
Some market participants mistakenly conclude that the bimonthly short interest data is understated because the Short Sale Volume Daily File reflects volume that is much larger than the positions reported as short interest. However, short interest position data does not—and is not intended to—equate to the daily short sale volume data posted on FINRA’s website.
The short interest data is just a snapshot that reflects short positions held by brokerage firms at a specific moment in time on two discrete days each month. The Short Sale Volume Daily File reflects the aggregate volume of trades within certain parameters executed as short sales on individual trade dates. Therefore, while the two data sets are related in that short sale volume activity may ultimately result in a reportable short interest position, they are not the same.
Volume: | 18,850,000 |
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Last Trade Time: | 11:29:04 AM EDT |
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