Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Canoo and now Nikola has and will execute reverse splits, Canoo’s successful thus far.
The problem with $KEGS is not the reverse, but leaving the A/S at 20 billion — shout out to CEO Tom Scozzafava — please correct that!
$$$KEG$$$
UM NO these are NOT Opinions they are facts and they are facts you do not want to see yet they are clearly in front of your face! You are making up any excuse for a company that is at 0.0001 un-audited financials reverse split coming and CEO that has no concern for shareholders! These are NOT OPINIONS they are FACTS. GOOD SOLID COMPANIES do not look like KEGS!! BOOOOOOOOOOOOOOOOOOOOOOM AGAIN!.
What is not normal is Good Solid Companies doing a reverse split on their struggling PPS. BOOOOOOOOOOM.
it was a 144 share trade to drop the PPS to .00005, SMH. Ive been seeing those 144 trades daily with KEGS.
I will let time prove the shareholders of KEGS right (again and again)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
This is all your opinion that KEGS is not a good solid company.
It is true that KEGS is a real and verifiably growing company (not an opinion, that is a fact).
The PPS is stuck at .0001..... true, but shorts are in control of the PPS, not KEGS or the CEO.
The $16 million in debt has been addressed and $13.7 million of that debt has not converted into shares in over 10 years, nor do those noteholders plan on converting until market cap of KEGS reaches $100 million! So technically KEGS has ~ $2.3 million in debt with Fixed Assets alone worth very close to $5 million (if not more).
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
And they will be decimated yet again, after the next r/s drops
Time has already told the truth for KEGS investors.
They were decimated.
I disagree with your view of “normal”. The number of shares traded was 144, not 14,400.
Totally normal before a split. And the paint job at .00005 was once again for a whopping 14,400 shares, or 72 cents.
$$$KEGS$$$
Volume: 1,039,644
Day Range: 0.00005 - 0.0001
SAYS IT ALL OUCH!
KEGS is unable to file proper financials, they don't have the means or they just don't care about their commons enough to do so either way this is not a Good Solid Company Practice! The company public traded stock is at 0.0001 and below this is not a Good Solid Company. The Company is about to go through an RS this is not a practice of a Good Solid Company. The CEO does not reach out to investors this is not a Good Solid Company. The company has 16 Million Debt in a declining Brewery industry this is not a Good Solid Company!
A Good Solid Company would have a Good Solid PPS, Would Not be going through another RS and would have brought VALUE TO THEIR LONGS! Would it not? We both know the answer to this by elimination then one must conclude after years of being public KEGS is NOT a GOOD SOLID COMPANY to invest in.
That’s a preposterously negative picture you paint. Good solid company. Do your own DD!!
$KEGS
They are scandalous people to the core.
Sounds just like their PRS "Will" "Perhaps" "Maybe" Could Happen!! A company like this should truly be a private company and not take hard working peoples money if they cannot keep up financials with the SEC keep the stock from going below 0.0001 doing reverse splits Taking Peoples Money with PRS that do nothing is an awful way to make a living!!
Anyone can enjoy 1812’s venues as well as their beer and ale. Post-split, with the venues achieving profitability and beverage sales increasing, the company will fully establish itself as a regional player in the craft brewing market.
$KEGS
Bullshit. The existing restaurant loses money every single quarter. Yet Tom pays himself well, courtesy of the penny stock marks he fleeces.
Yeah sounds real good on paper and press releases but does not equate to anything or the price would not be 0.0001 with this low volume and an rs about to roll over long time shareholders! once again the more this is posted the more it is evident that the company released prs while all along knowing they were going to file an rs to entrap SHAREHOLDERS/and unsuspecting new bag holders! pretty simple!
Maggie’s on the River and Sackets Harbor Brew Pub, now 1812 on the River and 1812 on the Lake respectively alone would more than justify the current market cap of just over $1 million. Add the brewery in Watertown and vacant lot — that’s four wholly owned properties, insulating $KEGS from the rising rents which have spelled disaster for rival craft brewers. As the field continues to consolidate, $KEGS’ competitive advantages position it to not only survive but thrive going forward.
Just a cursory glance at 1812’s over a dozen beers and ales, available online in 45 states, D.C. and Canada lets the objective observer know, clearly, the company is for real and growing steadily, with increasingly enthusiastic public support.
As they’d say on Dragnet,
“JUST THE FACTS, M’AM!”
$$$KEGS$$$
Yet to be proven! Until they file with the SEC and until they actual improve revenue and pay off debt and bring REAL VALUE TO THEIR COMMONS, it is all pure speculation! Which KEGS has yet to do! That is a FACT.
Any and all suggestions that $KEGS is not a solid growing company are 100% false. The 1812 Brewing Co. now owns two signature destination venues, its own brewery and a bare lot for expansion. Beer and ale distribution is increasing steadily. Do your own DD!!
https://www.nasdaq.com/market-activity/stocks/kegs/press-releases
$$$KEGS$$$
LOL
JACKSON L. MORRIS
Attorney at Law
Admitted in Florida and Georgia
Admitted in Florida and Georgia
126 21st Avenue SE ? St. Petersburg, Florida 33705
Telephone (813) 892-5969 ? Fax 800-310-1695
email: jackson.morris@rule144solution.com ? jackson.morris@verizon.net
www.Rule144Solution.com
April 23, 2024
OTC Markets Group, Inc.
2nd Floor
304 Hudson Street
New York, NY 10013
Re: 1812 Brewing Company Inc.
Trading symbol: KEGS
Ladies and Gentlemen:
I have been engaged as special counsel to 1812 Brewing Company, Inc., a Florida
corporation with its executive office at 981 Waterman Drive, Watertown, NY 13601
("Issuer"), to provide this letter with respect to the information ("Information") publicly
disclosed by the Issuer and published through the OTC Disclosure & News Service,
including all information published at http://www.otcmarkets.com/stock/KEGS/profile
and related pages. The Issuer's common stock ("Securities") is quoted on Pink Open
Market and is traded in the over-the-counter market. Please be advised that OTC
Markets Group is entitled to rely on this letter in determining whether the Issuer has
made adequate current information publicly available within the meaning of Rule
144(c)(2) under the Securities Act of 1933 ("Securities Act") and Rule 15c2-11 under
the Securities Exchange Act of 1934 ("Exchange Act"). It should be noted that neither
Rule 144(c)(2) or Rule 15c2-11 define or provide a standard for public availability of
information. In using this term, I refer to any information which is available to the public
from any source, including information which requires payment of a fee to a public
official. In particular, neither Rule requires publication of information on or through the
OTC Disclosure & News Service.
The Information covered by this opinion includes and is limited to information under the
Issuer’s control on the “Company Profile” tab and the items of information indexed on
the “Disclosure” tab, as follows:
Information Item* Period End Date Publish Date
Annual Report - 1812 Brewing Company - 12 Months Ended
December 31, 2023
December 31, 2023 April 18, 2024
*This opinion does not express any opinion with respect to accounting or financial matters and is limited
to inclusion of financial statements required by Rule 15c2-11.
I am a citizen and resident of the United States of America. I have assisted the Issuer
with preparation of the Annual Report and expect to provide from time-to-time legal
services to the Issuer in the areas of corporate, business transactions and securities
law. I am licensed to practice law in Florida and Georgia. The subject matter of this
letter covers the jurisdiction of the State of Florida (the Issuer's state of incorporation)
and the laws of the United States of America.
https://www.otcmarkets.com/otcapi/company/financial-report/398460/content
BEWARE DESPERATION AT AN ALL TIME HIGH to try to convince the MARKET that KEGS is a SOLID COMPANY! It is NOT.
This company does not file Financials that are verifiable with the SEC. This company has a PPS at 0.0001 or below! The company uses forward looking statements to cover their antics. This company releases PR after PR with SUPPOSED GOOD NEWS to try to move the needle it FAILED it sits at 0.0001 and NOBODY bought in due to the PRS. Those who did buy in are now facing an RS and after the announcement the VOLUME has FLAT LINED! ALL FACTS and NOT SPECULATION!! SORRY BUT IT IS THE TRUTH! OUCH!.
Give KEGS more TIME MORE TIME is all I hear and yet KEGS has been a PUBLIC company for many years and it still sits at 0.0001 as long as they can fool people in believing the next hype they will get new bagholders but the market has wised up it appears on this little ticker! Volume drying up and it still sits at 0.0001
Anytime it says they should generate could generate they are very much up in the air. Revenue is speculative and the prs did nothing for shareholder value! That is a fact. They knew they would release press releases and then pull the RS. Once again if the Market believed in KEGS it would not be sitting at 0.0001 with dried up volume and someone desperately trying to make KEGS sound better than what it is... it is a company that has a lot of debt and speculation galore and no concern whatsoever for their shareholders! and you are just one of many.
Time has already told the truth for KEGS investors.
They were decimated.
Here you go again with nonsense that you cant back up... You are still claiming all the PR's from January 2023 are fluff/air/hypothetical. Care to show me 2 PR's that havent came to fruition since January 2023?
Are you saying after the reverse split the shorts will be all over KEGS? Its the opposite right now, the shorts are keeping KEGS down, in case you havent noticed.
I know what I own and I know how many shares I own. Im proud of my investment in KEGS! 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
UM they sent out PR after PR and then pulled the rug out of those who bought in because of the PRS. Now they are doing a reverse split! So if the CEO is just filing it for NO REASON then he basically is incompetent because he now has made Volume Dry up!! But he is not cause he knows now he has new bagholders like yourself going into an RS!
Sold shares with the PRS then when that did not Generate Enough Market buzz do a reverse split do the whole thing over again and this will be back down at the bottoms eventually! Does not matter if it will not happen tomorrow they filed it and they do not care about their longs! We are heading into/in 2nd quarter now so it can be anytime they decide. LOL!! The TRUTH for shareholdes is pretty simple 0.0001 no value to any shareholder volume is dried up the prs did nothing ceo filed an rs and you have a cheerleader who may or may not be working with the company or therefore is so worried about their investment they spend 24/7 defending it!
LOL come on can't you see it you got played!! Once this does the RS there might be a pop but the SHORTS will be all over this because all you have is hypothetical prs and press releases! Dude seriously.
exact wording on Annual Report:
what fraud is being run with acquiring a new restaurant and property for KEGS? Or what fraud is being run with beer shipments/sales into Canada?
I will let time prove the shareholders of KEGS right (again and again)
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
BUYER BEWARE!!!
KEGS has been NO Bid in each of the past 10 months.
KEGS has 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.
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.
Im not happy about the reverse split filed (for the first time in over 10 years) but I can handle it. Its what happens after the reverse split that matters most for the shareholders of KEGS! One more thing about the reverse split; KEGS "intends" to do it this quarter, its not guaranteed to even happen. It wont happen tomorrow, that is for sure.
Do you even know when the last time unrestricted shares were issued? The last PR we got from KEGS was in early February and the reverse split was filed about 5 weeks after. So I dont believe that the CEO of KEGS "timed" it. The CEO of KEGS is doing what he has to do without PR'ing everything.
No-one can guarantee what the share price will be tomorrow, or next week, or next year. The market cap is still at ~$1 million with fixed assets alone almost $5 million. KEGS is verifiably growing, with new property owned with a restaurant/bar that has sales of approximately $5k a day.
In less than a month we will see a full quarter of Canada beer sales and 1812 On The Lake restaurant sales. Those numbers will not include the new restaurant/bar.
I have time and I have patience.... 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
Nothing good about the endless KEGS SCAM.
Good morning (KEGS-Land & Team).......🤑😎.......Go (KEGS & Team)
PP this one may bounce before the RS just have to watch L2. But as far as a solidified investment I would not put too much stock into this one cause after the RS/there will be a massive play on it to bring it down to 0.0001 IMO. The CEO has no concern for investors has not even addressed the RS properly with them! CEO's like that in such a non liquidated market truly do not care!!
So you are happy with the Reverse Split the Price being at 0.0001 and all the while the Volume drying up? OK. I watched exactly the right amount of time! Volume hit the PRS hit and then the CEO perfectly timed the RS knowing the PRS were nothing more than to just print shares and sell them to unsuspecting retail commons! It was beautifully done by the CEO! He got exactly what he was aiming for it appears! and you actually helped with your constant 24/7 cheer leading! It is a shame what has occurred to long term investors! Like I said after the RS it will be played and it will be played all the way down to 0.0001 once again! Just like every other time this one Split it comes right back down to where you are now 0.0001.
I’ve corrected the misinterpreted short volume numbers so many times, yet Factual Data is not acknowledged. There is NO KEGS “massive” short interest in the OTC. I encourage everyone to read up on Short volume vs Short interest, and also Riskless Principal so no one will be confused.
Cromwell Coulson is the CEO & President of OTCMarkets, this is what he wrote in his blog, I wholeheartedly agree:
1. Understanding short selling activity is important for investors and public companies.
2. The most accurate measure of short selling is the data reported by all broker-dealers to FINRA on a bi-weekly basis. (Equity Short Interest Report)
3. The most frequently misinterpreted data is the Daily Short Volume.
Please don’t anyone believe that their “money is safe” on the OTC. This is not a CD.
lol.... no reverse split happening tomorrow. My money is safe in KEGS! I will let time tell the truth for KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
OINK OINK sounds like you got scammed or part of the scam! OINK OINK either way Keggies reverse splitty got your OINKING MONEY! and ME TOOO OOOOOOOOOOOOINK 30 big ones OINK OINK!!
I would not be on here 24/7 if I thought KEGS this was a scam, that is for sure. The reason I am on KEGS board so much is because there are multiple posters saying things on KEGS board that are completely false. I have money invested into KEGS that I can afford to lose. I am willing to lose it all if I am wrong. I know I am right about KEGS......
I will fight for the truth though. You keep saying that the PR's are fluff peices, you are completely wrong. Just because the PPS is currently where its at doesnt mean the PR's are fluff/hot air. The retail market cant keep up with the hedge fund shorting KEGS stock. Apparently you havent watched close enough or long enough.
One more thing; pay close attention to what the posters say that you are sending potential investors to read. Its not cool for you to send potential investors to read someone calling investors of KEGS idiots/morons and more names.
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
Yes, time has proven shareholders BROKE, not right....
lol, so true. Scozzafava’s been around for decades, playing his Tomfoolery game.
Tom Scozzofava offers nothing but sheep shears for his retail investors.
The CEO has a stock that is sitting at 0.0001 if the NEWS was so good it would not be pretty simple! THE PRS the Market did not buy into except those who bought shares before the RS was announced! So now new buyers can come along after the RS and buy in and they will be better situated than the longs who have actually supported this ticker! Trust me I will watch L2 when the RS does happen and I will play this ticker all the way back down to 0.0001. This company cannot keep this ticker up because the MARKET no longer is buying into the Fluff Pieces/Hot Air! If the news was so great it would not be 0.0001 and if you thought the company could thrive on its own you would not be on here 24/7 trying to defend this failing ticker!
This is not Tom Scozzafava’s first rodeo, he’s enacted some of the Worst RS of all time:
Empzd 1:80,000 R/S 3/22/2013
HCKI 1:35 R/S 6/17/2010 - Number of Spilts:10, HCKI START: 21-Dec-01
HCKE 1:50 R/S 10/27/2009
ALRN 1:10,000 01/23/2009
ALCI 1:1000 12/03/2007
HVLN name change 09/24/2007
AWYB name change 11/10/2006
AWBV 1:5000 R/S 09/12/2006
AWBD 1:10 R/S 01/21/2005
AWHB 1:300 R/S 11/23/2004
DCGX 1:100 R/S 04/12/2004
DCGR 1:25 R/S 11/18/2002
DCIH 1:200 R/S 12/21/2001
DCGR 1:30 R/S 09/11/1998
Reverse Splits with an 80,000 to 1 allowed by FINRA
SEVA Seaway Valley Capital Corporation Inc. Reverse Split History
SWVL 1:1000 R/S 11/05/2009
SWYV 1:1000 R/S 05/12/2009
SWVC 1:5 R/S 09/22/2008
GSCR Name change GS Carbon Corp 12/08/2006
DRVW 1:250 R/S DirectView, Inc. 12/07/2006
BPMD 1:100 R/S Boston Pacific Medical Inc 05/16/2003
lol.... Since you've been watching KEGS for a few months you should know the CEO is handling business perfectly! Just because a reverse split has been filed doesnt make the CEO a scam artist or a bad person.
He hasn't addressed shareholders this year; I understand your frustrations with that. I really wish he does, the sooner the better. Im happy with the PR's released this year because they came to fruition! KEGS has purchased a new restaurant formerly known as Maggies on the River! btw: check out Maggies on the River facebook page, its shows all the awards that KEGS beer has won: https://www.facebook.com/maggies.ontheriver/
In the meantime; I will let time prove the shareholders of KEGS right (again and again)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
No one has abusive short interest positions in KEGS. No FTDs. Daily Reg SHO is meaningless due to no separation of Riskless Principal transactions from the data. Read up on Riskless Principal, that will explain the process.
FINRA SHORT INTEREST:
https://otce.finra.org/otce/equityShortInterest
SECGov FAILURE TO DELIVER:
https://www.sec.gov/data/foiadocsfailsdatahtm
“The Misleading” – Daily Short Volume
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/
No, I was pulling for and watching KEGS however after seeing the history and how the CEO handled this ticker with ANOTHER RS it is evident that while other tickers are bringing in huge volume KEGS has decided to do their commons wrong. It is easy to see you just don't want to see it!
0.0001 Low Volume RS coming PRS did nothing for Longs!
are you part of the group that has open short positions in KEGS stock? In easier words: are you also massively shorting KEGS stock?
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
Absolute Disaster! PPS is stuck and with an RS coming the company really stuck it to their longs! What a shame!
Followers
|
724
|
Posters
|
|
Posts (Today)
|
12
|
Posts (Total)
|
246984
|
Created
|
10/08/04
|
Type
|
Free
|
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.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |