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There is NO BID, SMH
Good luck .0001 tommorrow. I hope you get it because it looks like the bid is growing.
This is really good.
Enjoy the scam.
Trite. But observations abound right?
Easy come, easy go.
Likely that all the .0001's were swallowed up by the flipper crew.
Here's a shocking secret.
Everyone doesn't love stock scams.
Need to get that bid up to 50 - 100 million so its worth dumping it back to NO BID
Well looky here. Bid returnith.
Idiots will be the ones crying they didn’t get .0001’s lol
Whoever bought at .0001, they are in good position cos this will eventually run. Just leave it like you never bought it. It is not uncommon to dilute shares to finance expansion.
Why do people care what other people do with their money if they have no vested interest.
Just an Observation.....
Just an observation...
Wonder how long that $368 bid is going to hold up? LOL
Load up now before the R/S. One can never have too many shares going into a R/S. SMH
They can do what they want with their money. How is that concern you even if they loae everything?
Look at fresh idiots buying .0002 stock.
I hope this is coming back to life from here on.
Why doesnt anyone DD anymore? The court has granted a $13.7 million dollar 3a10 settlement to KEGS debt holders. All of which is to be paid in common stock. That stock is issued at a 35% discount to current market price. Right now note holders are being issued shares at .000035 so if they sell at .0001 they still have making a profit. That means hundreds of billions of shares will be diluted here. Expect 2 or maybe even 3 R/S's before its all finished.
It’s dillusional….this is not Penny flippers doing this dilution… I asked my broker what it meant when the trade was a red colored .0001. He said that the shares were sold at .00006. That’s less than .0001. Anyways, I’ve been buying some of these .0001,s shares of kegs…. The reason being is because I know a person who bought a ton of kegs shares a few months ago at .0006. So I know this trader is buying a bunch at .0001 to average cost down… if the company shuts off the dilution faucet, kegs could rally to .0005 or .0006 … this isn’t the first dilution rodeo for this current CEO
Expect the dilution to continue for a while. That's why I said it's not ready.
How convenient, the stock goes to no bid, now the company is tweeting again.
Wow - 437 million now - and still no bid. We may have our answer.
another 430 million in dilution, only 154 billion to go
So far no dice - and possible further dilution? I don't know if it's buying or that? Time will tell.
Yeah I'm in that one too. We shall see. I don't have any dry powder right now (I don't deviate from my 401K savings plan ever) but added some 1s in 5 stocks, with the other other beer play one of them. Hopefully they don't all become carcasses. All it takes is one.
I will too but the other beer play is in a real good spot to run. This one still needs to brew for a while.
Just saw that. Might grab a few 1s what the hay. Maybe there's an RS, maybe not, but like 3 mil shares, big deal.
$KEGS wins “New York Amber Ale Brewery of the Year” Award at the 2023 New York International Beer Competition. 1st prize in the American Style Amber/Red Ale category for War of 1812 Amber Ale. Purchase here: https://t.co/uIQ8qVAeuU pic.twitter.com/TNGOLLbh5c
— 1812 Brewing Company (@1812Brewing) April 18, 2023
Here is the link to the impending Reverse Split. Be sure to check it daily.
https://otce.finra.org/otce/dailyList?viewType=Dividends%2FDistributions%2FSplits
The filing has to come out before the sale of shares not after. Again your statements make no sense at all.
Dilution has exceeded the latest S1 offering so this is debt conversions taking place. That S1 was for the purchase of another company that was reported to have fell through.
Considering the track record here I'll stick with my analysis thanks.
Wait til the filings comes out before making those assumptions.
LMAO what the hell else would it be? Its not like the CEO has a blank check and can just sell shares whenever the hell he feels like it. There is a process he has to follow and report. All the dilution is 100% debt from the 3a10 settlement that was issued by the courts.
Again, what are the big block sells? Debt conversions or company selling to finance?
Huh? Are you aware there’s no bid??? how in hell can anyone sell with no bid.. amazing, lol..
At the pace the shares are being sold, it's logical to assume that it's not debt conversions.
Another OS increase reported. Edging closer and closer to the 10 billion AS. Its not a question of if there will be a R/S, its when will the R/S hit.
LOL this stock and company are pure shit. With $13.6 million in debt to ALL be paid in common stock this will end up with 2 or 3 reverse splits before its all said and done. SMH
There will be no reverse split in the near term IMO.
If the electrical is there then they can take their time with the rest as far as completion goes. As long as the basic structure is intact and upgraded, the rest will eventually come. Now whether the huge block sells were debt conversions or Tom selling to purchase equipment no one can say.
The PPS spike was not anticipated by Tom. That's why he did the share reduction after. To keep momentum going and hopefully find a buyer for the offering at .005 which would've solved a lot of problems. Now they're in a difficult spot with the debt. The other beer play is in a better position at this point in time but don't count KEGS out just yet. LCBO approval is still a few months out IMO.
what the hell happen over here,i told some peeps that no bid was coming,they didnt listen they should have gotten out when i did. oh well we live and learn.
The upcoming reverse split will probably taste even better then.
I could try to cruise out there for a fishing trip or two. Judging by the state of the lot at best it looks like they just got the bakery stuff out recently and are in the process of upgrading the building infrastructure to support the new business.
I was surprised not to see 1812 in cans. If I had to rate the beer now that it has cooled it tastes like a skullspliter light. https://www.beeradvocate.com/beer/profile/118/402/
It's not as heavy alcohol wise 5% as well the flavour isn't as forward. Carmel aftertaste is most similar
https://www.beeradvocate.com/beer/profile/462/1885/
All it has been or ever will be is a resort pub that sells beer on the side. And loses money every year they operate. That is until the debt spigot is turned off. Then they go out of business.
The end is nigh. Enjoy.
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Moderators rbtree Stock_Barber Huggy Bear |
1812 Brewing Company is a brewery open year-round in Sackets Harbor, NY. We are also opening a second location in Watertown, NY and you can buy our beer throughout upstate New York!
Looking forward to hosting you soon!
1812 Brewing Co WINS U.S. Gold in 2022 World Beer Awards -- 1812 Amber to compete against winners from around the world!
WBA global awards select the very best across styles & award & promote the world’s best beers to consumers & trade partners across the globe!
~1812 Brewing Company Wins Two U.S. Gold Medals and Wins World Gold Medal in 2023 World Beer Awards~
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Wins-Two-US-Gold-Medals-and-Wins-World-Gold-Medal-in-2023-World-Beer-Awards?id=419462
Delinqueint Debt Addressed:
"I have had subsequent discussions with each of the debt holders,
and they have tentatively agreed to continue to waive any accruing interest
as well as to abstain from any conversions until the market value of the Company exceeds $100 million."
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Addresses-Outstanding-Convertible-Debentures?id=385470
Market Cap = ~ $1 million
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
Recent News:
New Restaurant Purchased
Direct to Customer Sales (45 States)
Available in Canada
More Awards!
Available at Price Choppers Supermarket
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Executes-Definitive-Agreement-to-Purchase-Business-and-Assets-of-Maggies-on-The-River?id=426425
https://www.otcmarkets.com/stock/KEGS/news/All-of-1812-Brewing-Companys-Medal-Winning-Beers-Made-Available-Direct-To-Consumers-in-45-States-Plus-Washington-DC-with?id=425033
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-and-The-Beer-Store-Initiate-49-Store-Rollout-of-Gold-Medal-Winning-War-of-1812-Amber-Ale?id=424594
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Brings-Home-Bag-of-Winning-Medals-from-2023-Brewski-Awards?id=422641
https://www.otcmarkets.com/stock/KEGS/news/Price-Chopper-Supermarkets-to-Carry-1812-Brewing-Companys-New-Helles-Bells-Lager-as-well-as-Route-11-Lager?id=417636
Good Luck To Everyone!
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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