1812 Brewing Company Inc (KEGS)

[Nighthawk_1]

Isn't KEGS due for a quarterly report? They just got done with the annual, but a quarterly is still due.

[octodb]

Who bought at 0002 today? LOL

[THall]

The 14 billion offering at .0001 has already been filed with the SEC. The articles of incorporation at the Florida SOS have been amended to reflect a 20 billion A/S. Not sure how much clearer it could be that a reverse split is coming. As for the market makers they dont give 2 shits about what the stock price is. Your entire statement makes no sense at all. The MM's get paid regardless of what the stock price is.

[misterfishman]

dont believe it,i once drank the kool-aid here,i drink water now.

[macdwatcher1]

Ok. Do it. Print 14 billion more shares…. The market makers will have something to say about that is the company holder tried to sell 14 billion shares… the market maker with only pay the seller of shares .00001 or .00002 per share…. Not the current payment of .00006

[macdwatcher1]

The company said no reverse split..I’d rather see the a/s go to 20 billion … if a reverse splits happens, the company lied and lost its credibility… so let them keep dilluting…it’s better than a reverse split

[jimtash]

So you're saying the cannery, the awards, and the continued expansion are all lies? LOL.

[jimtash]

No he didn't. My guess is he was hoping to find a buyer for the offering at .005 which would've wiped out the debt. So he wasn't lying He was simply taking a gamble and buying time.

[THall]

With 14 billion new .0001's being printed those .0002's have a long waiting list.

[Huggy Bear]

After Scozzafava straight up LIED about no debt conversion in that fatal for retailers press release, why would anyone trust him to keep the share structure updated?

Or trust anything for that matter?

Massive losses could have been avoided by merely reading how Scozzafava has done people in the past.

And by reading about the Section 3(a)(10) debt conversion, then researching what that is if one didn't already know.

[zombywolf]

Did it ever occur to you after everything else being full of BS from him, that statement isnt crap as well?

[jimtash]

What I didn't like iis/was the SS updates not showing the dilution until a week later. The whole point of the daily updates was to show no changes or additions to it raising investor confidence. Which everyone now knows is being diluted.

[misterfishman]

With billions of shares being diluted they will be forced to do a RS I wish it wasn't so but that's reality it sometimes hit you in the gut.i am glad I got out.

[jimtash]

I've been out of this one for a minute. Was thinking of buying back in at ,0001 but decided to wait. Yesterday's trading didn't change that. My guess is LCBO approval is still a month or two down the road. Keep in mind that they need to have inventory already prepared once they get the green light so that could be the reason for the billion plus share selloff. Those shares should show up on the OTC in the next week or two. And even though they update the SS on a regular basis, or at least did, I noticed last time it took a week before the last round of dilution was reported. And the SS was being updated everyday at that point.

Expect more selloffs.

[Navtrol53]

Maybe we are rounding the corner here
https://twitter.com/1812Brewing/status/1626617905155547137?s=20

If you do the math on that it's approximately 2,211,200 12oz cans in 26,400 liters. 400 1/6 kegs would be approximately 26,400 liters. That's just anticipated kegs sales

KEGS

[misterfishman]

This stock is being diluted to hell in the they will have no choice but to do a RS here to make the company viable peeps were warned many times nothing wrong with trying but there comes a time when you see that dilution train coming then it's time to lick your wounds and get off the train at this point in the trip if your still on the train then it's too late your already 100%down so all you can do now is sell for a tax ride off next year or keep hope alive and pray the train don't fall off the tracks and off the bridge.

[Huggy Bear]

Going to take over 100 billion shares sold at .0001 just to extinguish the Section 3(a)(10) settlement debt.

Good times ahead.

[DD-214]

Correct, so only $15.9 million debt left..

[macdwatcher1]

Still only 355 million shares at the .0002 ask

[macdwatcher1]

Is one billion shared times .0001 = $100,000.00 dollars? That was not a retail trader dumping one billion shares… the good news is some retail trader or retail traders basically bought up that one billion share dump….that to me is called. Conviction….. I’m back in KEGS

[DD-214]

It’s not dilution it’s flippers, lol..

[guitartrader]

LOL I am not surprised they are still diluting. BUT it will end and I don't think a RS is coming soon. Many other tickers with higher OS trading higher. I still like my odds at the .0001 reload.

[DD-214]

You were saying..

[THall]

And the idiots just keep stacking more on the bid. This is some of the dumbest trading Ive ever seen. Retail CANNOT keep up with the billions of shares being diluted.

[DD-214]

No successful trader should be surprised..

[THall]

That was one hell of a dump. When will people learn? SMH

[Huggy Bear]

There goes the trap door again.

[Fares]

I would say they're showing restraint. Evidenced.

Fortune favors the bold.

KEGS

[THall]

Yeah think of all the bag holders that wished they never got trapped in that worthless shit. Same thing here nothing but bag holders that after the R/S will be so upside down they can never even hope to break even.

[guitartrader]

LOL NO RS announced. NO RS needed either. Trans global trades in the .002 range with 100B OS

[THall]

20 billion O/S with 14 billion in dilution coming. Load Up before the R/S. One can never have too many shares going into a R/S. WWWEEEEEE

[Fares]

Never ceases to amaze the sheepleness nature of some traders.

[stockstobuy]

Maybe it is between noteholders and the company itself because no OTC investors could buy or sell a whooping 50 mil, 100mil, 200mil shares in the past several days. Ive seen trades this big went through many times.

[stockstobuy]

One example is PHIL, it has 60Bil AS and 30Bil OS and they have no product. Only Tweets and some PR news by the CEO but the stock is trading at .0007 This was over .002 several months ago. KEGS is a different animal, and this could easily hit to .001 next month.

[MR DOLLAR DOG]

In my opinion…..it might be the Company itself that buys/sells enough to keep it alive and not delisted and not real investors…. I hope to be wrong

[zombywolf]

No stock has run losing money for 16 years in a row with court ordered dilution of over 20 billion shares.

[DD-214]

Have you ever known a pink sheet company that’s been denied approval on any filing? Ain’t gonna happen, keep dreaming..

[guitartrader]

Understood BUT NONE of which are yet approved. Only filed and requested! PLUS, There are many stocks that have run hard with no product and a larger OS!
Just sayin!

[DD-214]

New A/S 20 Billion of which 14 billion will be issued @.0001 per new filing..

KEGS

[guitartrader]

40M BUYS ON ASK at .0002 today! More buys than sells. Good start!

[SniffinPennies]

Anyone here ever think that at one point Trillium might want to help them get their stock price up to get all their money back. As someone posted here if they completely dilute to no stock recovery. maybe then they file bankruptcy and then Trillium probably gets nothing. Much smarter that way than to honestly payback loan shark notes. Even New York has now set precedence to negate note holders with high interest rates and then large stock discounts.

[THall]

20 billion A/S was filed with Florida SOS on 4/12/23. That explains the 14 billion offering since they already have 6 billion issued. That maxes out the A/S opens the door for 1 of many R/S's

https://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2023%5C0417%5C06074304.Tif&documentNumber=P15000038934

[SniffinPennies]

from the looks here looks like quite a few have been there done that

[Huggy Bear]

Marks will.

And declare the company to be wonderful.

[Huggy Bear]

Yet marks donate millions to Scozzafava anyway.

The Greater Fool theory of investment at its finest....

Pathetic.

[zombywolf]

You are correct. Now who in hell is going to buy 21 BILLION SHARES of this crap?

[THall]

Only a fool would buy this stock. $16 million in debt plus now another 21 billion shares of dilution heading their way. Not to mention the $13.7 million 3a10 settlement to be paid in common stock

$2.1m @.0001 = 21,000,000,000 (21 billion shares), is my math right?

[DD-214]

Edited..$2.1m @.0001 = 21,000,000,000 (21 billion shares), is my math right?

The filing says 14 billion shares..

Number of securities offered
14,000,000,000
Number of securities of that class outstanding
5,905,433,557

KEGS

[DD-214]

You doubt it won’t qualify, lol..

[DD-214]

Oh my.. $147k cash and equivalents and over $16m in debt, getting worse almost everyday..

KEGS