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I don't know the details.
However, if the company does have some debt, what is likely to happen?
If they have increased sales, would they pay off the debt, or what?
Maybe the debt was used to grow the company, now 1812 is winning awards and awesomely expanding...Ontario today, who knows where tomorrow....
Ideally, I don't like debt...but if that's what got the company to grow, being recognized as a favored Beer brand, is there healthy debt?
Shareholders dont own a part of any brewery.
Shareholders own worthless paper.
THATS IT.
PERIOD.
as a part owner.of this brewery i ll enjoy the best beer in the world....which is free beer
$KEGS with news press out about their signature beer. A good follow up after a strong day in the market yesterday. https://www.reddit.com/r/PennyHaven/comments/13k3ax0/kegs_with_press_out_today/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button
Could be a surprise turnaround in the future. Time will tell I agree. To me the downside potential is shrinking and the upside potential is growing. Profits from Canada could turn off the previous selling of shares hopefully.
$KEGS 1812 Brewing Company's War of 1812 Amber Ale Approved for Sale in Ontario Canada as Momentum Continues to Grow for the Company's Flagship Product
https://www.accesswire.com/755451/1812-Brewing-Companys-War-of-1812-Amber-Ale-Approved-for-Sale-in-Ontario-Canada-as-Momentum-Continues-to-Grow-for-the-Companys-Flagship-Product
WATERTOWN, NY / ACCESSWIRE / May 17, 2023 / 1812 BREWING COMPANY, INC. (OTC PINK:KEGS) (the "Company" or "KEGS") is pleased to announce that the Company's multi-gold medal winning beer War of 1812 Amber Ale has been approved for sale throughout the Canadian Province of Ontario. War of 1812 Amber Ale will be purchased directly by the Liquor Control Board of Ontario ("LCBO"), who shall be the wholesale distributor of the Company's product. War of 1812 Amber Ale shall then be initially available at forty-nine (49) of the 450 retail units of the privately held retailer The Beer Store (www.thebeerstore.ca). The Company shall pursue placement at more of The Beer Store locations after the initial rollout. Additionally, the LCBO (www.lcbo.com) also owns approximately 650 retail outlets, and the Company plans to pursue product placement at the LCBO's retail outlets when the LCBO issues call for new products. Combined, the two entities represent 1,100 retail outlets in Ontario Canada.
Agree.
From Facebook
1812 Brewing Company
11h ·
1812 Brewing Company's (KEGS) gold medal winning War of 1812 Amber Ale approved for sale in Ontario Canada. Product rollout initiated at 50 of the 450 locations of The Beer Store (www.thebeerstore.ca) .... More stores to follow!
Now available in Ontario!
as a part owner.of this brewery i ll enjoy the best beer in the world....which is free beer
The beer company placed medal winning in several categories at a recent International Beer festival, New York.
Another reason I'm not buying in yet, if at all. This showing no promise at all right now. My opinion anyways.
This pos cant get out of its own way.
Then buy the beer......to hell with the stock.
Incredible the OBVIOUS shit traders refuse to acknowledge when in pursuit of a buck.
Gee, ya think?
There's Tom "No Debt Conversions" for ya.
Miss all those promoters though.
need news and need buyers.
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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.
AI
