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WOMP WOMP! KEGS Blows! it is easy for anyone to see now! Management played it perfectly! PRS Supposed good NEWS and then BAM!!!! RS!
Nothing the company or any bag holder can say is going to save this stock. KEGS has scheduled a 1:1000 reverse split to take place this quarter. That means current shareholders will lose the majority of their holding in the next few weeks.
BUYER BEWARE!!!
KEGS has in fact been NO Bid in each of the past 10 months.
KEGS has in fact been .0001 and lower in each of the past 10 months.
If you cant see the current fraud Scozzafava is running on shareholders then you have no reason to be trading. The stock didn't get to 11 billion O/S with now $16 million in debt by him being an honest businessman.
Buyer Beware- KEGS is a scam. Don't get duped by the paid promoters on this board.
Do your own DD and don't be conned by the paid pumpers on this board. KEGS is 100% and insider enrichment scam. This stock will never be anything of value.
1:1000 R/S scheduled for this quarter per disclosure.
20 billion A/S
10.8 billion O/S
$13.7 million in toxic debt
Never made a profit since inception
.0001 and lower for the past 10 months
12 month high .0002
NO BID for 10 months
CEO has a long history of running OTC scams. Buyer Beware- KEGS is a scam. Don't get duped by the paid promoters on this board.
All im saying is that the note holders have tentatively agreed to not convert until Market Cap of KEGS reaches $100 million and they are currently living up to that agreement. Those note holders are the ones that believe that KEGS will reach almost a penny!
I highly believe KEGS is worth a lot more than the measly $1 million current Market Cap. KEGS has FIXED ASSETS alone worth around $5 million which does not include business goodwill! I put my money where my mouth is and will continue to buy shares of KEGS @ .0001 (when I have the funds available).
In the meantime; I will let time prove the shareholders of KEGS right (again)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
"despite the engagement of CONsultants"
Lololololol
Plenty of CONsultants around here.
So um from KEGS: To grow and to pursue material acquisitions, KEGS must raise additional capital. But having said that, management is absolutely sensitive to minimizing the size and scale of equity issuances. The algebra, frankly, is quite simple. The higher KEGS can maintain its per share price, any further issuances will cause less dilution. It was management’s desire to sustain a share price at $0.02 into the fall of 2021, which would have minimized the current 200 million share issuance by 90% to 20 million. Despite the engagement of consultants in this arena, the small issuer selloff in the late fall and winter in 2021 seemed to have pulled our shares down with the overall market. So UH what happened?
So you believe Kegs will reach a penny?
MAYBE COULD HAPPEN you sound just like management you sure you have no ties to the company!! ?? Either or Just wishful thinking! KEGS set up this perfectly and it worked to a T !! KEGS has Broken Legs and will never Run now!!
or maybe it will happen in conjunction with Audits and an uplist to OTCQB. We do not know until it actually happens. The reverse split will not happen on Monday, that is for sure. I will continue to buy as many shares of KEGS as I can @ .0001. I am not afraid of my DD.
It was mentioned in the Annual Report (but most OTC companies say they plan to uplist after a reverse split):
BUYER BEWARE!! Desperation is at an all time HIGH here unlike the PPS of KEGS! Trapped BAG HOLDERS are desperately trying to find a silver-lining! They will stop at nothing NAME CALLING DEROGATORY INSULTS and it is basically a Representation of KEGS ITSELF! Desperation!! KEGS FILED AN RS after RELEASING SUPPOSED GREAT NEWS! That did nothing for Shareholders nor PPS! OUCH!
Through fiduciary duty, both directors and managers have to subordinate their own personal self-interest to that of the corporation and its shareholder owners. Directors and managers cannot take personal advantage of business opportunities that are rightfully that of the corporation.
It is obvious after how many years of being a PUBLIC Operation they have failed to bring their PPS up to PAR? Exactly!
They released PRS in hoping to bolster interest in the Market which failed miserably. And now guess what another RS coming your way!!
KEGS as a company? They are in a declining business look it up Brewery Business is heading south and with 16 Million in debt they will have to sell a lot of beer in a declining industry! With a lot of bloated competition!! RS is just part of their plan and it worked successful to add NEW BAG HOLDERS !!
So are you saying KEGS knew their stock price would be @ .0001 since January last year, that is why KEGS decided to do a reverse split last month? KEGS has no control over their stock price and if KEGS needed to do a reverse split they would of done it before purchasing a new restaurant for $1.4 million!
KEGS will not do a reverse split on Monday!
Just a quick question; Without the reverse split happening, what do you think about KEGS as a company?
In the meantime; I will let time tell the truth for the shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
I love this Company!
The Fools can't prove anything bad because this Co is making progress!
All bagholders! Do!
If all the NEWS was good and really had any substance there would be no need for an RS! Pretty Simple. This is not Canoo! This is KEGS and Management played their LONGS perfectly by setting up all the PRS and then Releasing the RS and now NEW BAGHOLDERS for life!
Can you please prove Maggies on the River is a non existent restaurant that KEGS has purchased? Can you please prove the KEGS is not shipping beer into Canada? Can you please prove the KEGS restaurant in Sackets Harbor, NY is non existent? Can you please prove that KEGS War of 1812 Amber Ale has not won awards in the 2023 World Beer Awards?
If you cant prove any of those statements, I would highly suggest you refrain from calling KEGS a scam!
In the meantime; I will let time tell the truth for the shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
HOT AIR with no substance the company released them all and all the while knowing they were going to do an RS! They knew the PRS would hype this up and retail would go in buying!! and then BOOOOOM RS! Perfectly timed! The only thing Management is doing is looking out for Management it appears! HOT AIR = NOTHING DONE FOR SHAREHOLDERS! Nice set up and Spike by the Management of this little ticker!
Well, recently Canoo executed a 1:23 reverse that has actually raised the SP, and NKLA is likely now to execute a 1:10 — 1:30 reverse as well. A reverse split does not always lead to a lower SP, and in the case of $KEGS, with a market cap of an extremely low just over $1 million, it might even work out. The A/S remaining at 20 billion shares is the largest concern, though robust beer sales may convince CEO Scozzafava to lower that A/S.
GLTA!!
$$$KEGS$$$
The PR's since January 2023 were not "ALL HOT AIR" as you want to claim, all but one have came to fruition (that I know of). The PR's show progress being made, and that is what PR's do.
Just because KEGS is currently @ .0001 does not mean KEGS is a bad company! You should be smarter than this. KEGS as a company has no control over its stock price. Market Makers are the ones that control the stock price and they technically have an unlimited amount of shares. There are bad forces working against KEGS as a company right now and when the time comes it will be proven how bad they are!
I will let time tell the truth for the shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
All HOT AIR! Did nothing for the PPS and now bag-holders are desperate! OLD NEWS which was released to the public in order to sell shares and then set them up for a MASSIVE RS 1/1000 OUCH! Management planned this out really well!!!
There is nothing GOOD about KEGS! They decided to pull the rug right underneath their longs with an RS! KEGS!
Feel Free to Read.....1812 Brewing Company develops, produces, and markets micro brewed beers such as: War of 1812 Amber Ale
Thousand Islands IPA, Malicious Intent XXIPA, Helles Bells Lager, Route 11 Lager, Wolves Den Cream Ale. Its War
of 1812 Amber Ale or “1812 Amber Ale” is the company’s flagship brand and was the winner of a Gold Medal and
United States Winner in the 2023 & the 2022 World Beer Awards, the Gold Medal Winner in the 2023 World Beer
Championships, the Gold Medal in the 2022 Great International Beer, Cider, Mead & Sake Competition, the Silver
Medal at the 2022 Annual Brewski Awards, and a Silver Medal and “New York Amber Ale Brewery of the Year” at
the 2023 New York International Beer Competition. War of 1812 Amber Ale has been aggressively marketed to
command a significant retail presence in the regional marketplace. 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. Currently two of the Company's brands are also available on draft. The
Company's products are delivered to retail outlets by independent distributors whose principal business is the
distribution of beer and in some cases other alcoholic beverages, and who typically also distribute one or more
national beer brands. Together with its distributors, the Company markets its products to retail outlets and relies on
its distributors to provide regular deliveries, to maintain retail shelf space, and to oversee timely rotation of inventory.
Production of the Company's beverages requires quantities of various agricultural products, including barley, hops,
malt, and malted wheat for beer. The Company fulfills its commodities requirements through purchases from various
sources, some through contractual arrangements and others on the open market.
Good morning, $KEGS!
And yet the stock is still 0.0001 with a Reverse Split Coming! What happens to a company when stock prices fall to zero? If a company continuously spends more money than it earns, and investors sell off the stock, ultimately, that can lead to the company going bankrupt. Most companies file for either Chapter 7 or Chapter 11 bankruptcy before their stock reaches $0.00. They are now 16 Million in Debt! OUCH! They released press release after press release to have Retail buy into which is exactly what they wanted to sell shares!! this is exactly what some knew would happen and that is why I WATCHED carefully! Then they pulled the rug out from RETAIL! By applying an RS! If one should be mad do not be mad at VF TBALLS and HB the individuals who told it like it was! They seen it coming and now KEGS has created NEW BAGHOLDERS for LIFE after the RS!! Good Luck to You!
Great Things are Happening in (KEGS-Land).......1812 Brewing Company develops, produces, and markets micro brewed beers such as: War of 1812 Amber Ale
Thousand Islands IPA, Malicious Intent XXIPA, Helles Bells Lager, Route 11 Lager, Wolves Den Cream Ale. Its War
of 1812 Amber Ale or “1812 Amber Ale” is the company’s flagship brand and was the winner of a Gold Medal and
United States Winner in the 2023 & the 2022 World Beer Awards, the Gold Medal Winner in the 2023 World Beer
Championships, the Gold Medal in the 2022 Great International Beer, Cider, Mead & Sake Competition, the Silver
Medal at the 2022 Annual Brewski Awards, and a Silver Medal and “New York Amber Ale Brewery of the Year” at
the 2023 New York International Beer Competition. War of 1812 Amber Ale has been aggressively marketed to
command a significant retail presence in the regional marketplace. 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. Currently two of the Company's brands are also available on draft. The
Company's products are delivered to retail outlets by independent distributors whose principal business is the
distribution of beer and in some cases other alcoholic beverages, and who typically also distribute one or more
national beer brands. Together with its distributors, the Company markets its products to retail outlets and relies on
its distributors to provide regular deliveries, to maintain retail shelf space, and to oversee timely rotation of inventory.
Production of the Company's beverages requires quantities of various agricultural products, including barley, hops,
malt, and malted wheat for beer. The Company fulfills its commodities requirements through purchases from various
sources, some through contractual arrangements and others on the open market.
Thanks for helping me deciding on adding more shares to my positions Win funds become available.......GLTY.......Go (KEGS & Team)
There's nothing good about the highly promoted KEGS SCAM.
Good morning (KEGS-Land & Team)........🤑😎........Go (KEGS & Team)
An absolutely preposterous response!
1) It is well-documented that naked shorting occurs.
2) You’ve asked me on dozens of occasions to prove it.
3) On dozens of occasions I’ve responded that it is difficult if not impossible to prove in specific cases, even for the SEC with all the forensic skills and resources at their disposal.
4) Then, “Then why claim it to be factual when you’ve failed to prove it? Case closed!” you say.
Well, that clearly is circular logic!
The great thing here is that the hedge fund(s) has/ have not only been unable to destroy the robust and growing business of the 1812 Brewing Co., but their bullying and ham-handed tactics have backfired, resulting in rapidly increasing local, regional, national, and, with impressive Canadian distribution, international support. Their War of 1812 Amber Ale is even selling well in Staten Island!!
$$$KEGS$$$
Keep promulgating that fantasy. Typical BS from someone with a history of spewing lies.
You’ve posted that a dozen times. How about you prove that the SEC can prove naked shorting on particular OTC stocks and trace where the shares originated? The 1812 Brewing Company’s performance has been stellar this past year — without the massive hedge fund shorting, SP would be higher. The current market cap of a little over $1 million is extremely low considering fixed assets are now $5 million or more.
$$$KEGS$$$
No, KEGS has NOT been massively shorted.
You can read facts re: FINRA’s short interest, FTDs from the SEC, and Daily Short Volume which OTCs Cromwell Coulson calls MISLEADING. I’ve shared links to all the factual data. The claim KEGS is “massively shorted” is False.
No, you posted a link to a letter TO the SEC, NOT proof from the SEC. You’ve presented nothing from the regulators supporting what you’ve said. However the regulators have this to say:
There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.
Each and every time you’ve asked for documented proof, I’ve responded that it is difficult if not impossible to prove naked share shorting, because air shares are never borrowed in the first place. I’ve posted multiple links evidencing the fact that even the SEC has difficulty or is utterly unable to prove that naked shorting is occurring on a given stock. That a hedge fund or funds is/are shorting $KEGS is even harder to prove since the stock trades on the OTC.
$$$KEGS$$$
Its not kind of impossible, its very possible when there are bad broker/dealers. Do you know how much leeway a broker/dealer has? Do you know there have been multiple fines for broker/dealers because they dont mark securities sold correctly sometimes?
Its been happening to KEGS. KEGS IS BEING MASSIVELY SHORTED. I will let time prove the shareholders of KEGS right (again)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
That’s not documented proof Bosco. Saying it’s so doesn’t make it so.
Again, all I ask for is documented and verifiable proof. You’ve not provided it, you just go on with more opinions / speculation. I don’t intend to continue to beat a dead horse to try to get on the Bob again.
We’ve made the point to you dozens of times, that $KEGS has been shorted at much higher pps, and that air shares being issued at .0001 are designed to keep the company down despite all of its excellent and verifiable news to enable the hedge fund(s) to pocket their proceeds from previously shorted shares. So simple!
$$$KEGS$$$
Great Point, RB! And yet we read these fake claims, that it’s supposedly occurring every day.
The only problem? NO VERIFIABLE PROOF of any such thing.
Novice Traders really should learn the difference between short interest / short volume - Read up on Riskless Principal.
The shorting drivel is illogical and nonsensical. Kind of impossible to profit from a .0001 and lower stock...
You’ve yet to prove the hedge fund conspiracy theory. If you have documented and verifiable proof, post it. Otherwise it’s merely an opinion / speculation.
You said it all about octsource, he is a ----- .
I am not an insider and I am excited about KEGS, stop with your nonsense please. I have taken a risk with my money, not yours! If I lose money I will still eat/drink/play and have my freedom. If I make money, I will eat/drink/play more and still have my freedom. Will you and your non shareholder friends?
Here we go again: which 2 PR's that you have listed are "bogus" news (from January 2023 until today)? its retail against the hedge funds right now Mister! I bet on retail, I WILL WIN!
KEGS is VERIFIABLY GROWING! You or your non shareholder friends cant stop KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
I am not an insider and I am excited about KEGS, stop with your nonsense please. I have taken a risk with my money, not yours! If I lose money I will still eat/drink/play and have my freedom. If I make money, I will eat/drink/play more and still have my freedom. Will you and your non shareholder friends?
I will let time tell the truth for the shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
You are right, its a gamble with KEGS..... retail against the hedgies shorting KEGS stock..... I will let time tell the truth for the shareholders of KEGS!
Revenue is increasing and that doesnt include a full quarter of Canada Beer Sales and it doesnt include the new restaurant now called 1812 On The River! With KEGS market cap at ~$1 million and fixed assets at close to $5 million, its a no brainer.... I will continue to buy when I have the funds available (at .0001)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
Beer = Money
$16 million debt is essentially restructured, and beer sales are heading up. Before investing, I remember having seen War of 1812 Amber Lager in Staten Island. It is indeed small local businesses like 1812 that offer a way forward, a welcome alternative to the boring corporate order.
$KEGS HAS LEGS!!
Sorry but with 16 Million in Debt and and SS that is laughable! That is not starting from the ground floor!! How long has this been a public traded company and it still sits at 0.0001 or less? KEGS has BROKEN LEGS and she can't run! with the RS!
$KEGS is an awesome small company based in Watertown, New York. Navigating the tempestuous waters of the rapidly consolidating craft brewing segment, with 20,000 craft brewers nationwide, the 1812 Brewing Co. has carved out a niche and just won’t quit. They own four separate properties (two world-class venues, a brewery and a bare lot for future expansion) which insulates them from rising rents. Their beer and ale are excellent, and largely because of this, they’ve garnered strong and loyal local support. I’m glad to own a chunk of this company, and will invest further, mainly following the split, but nibbling a few shares pre-split as well. Anyone who genuinely enjoys life will see in the 1812 Brewing Co. the opportunity to get in on the ground floor of a fun-loving and soon to be wildly profitable growing concern.
$KEGS HAS LEGS!!
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Moderators rbtree Stock_Barber Huggy Bear tdbowieknife |
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.
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