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lol, Scozzafava isn’t going to pay for KEGS audited financials. SMH
Wow, super info! Uh oh, that’s not a good look for KEGS!
The long term liabilities are related to notes. Current liabilities involves direct restaurant and brewery operations, or it at least it should.
And since we’ve been beaten over the head about restaurant and brewery operations, I thought it was worth mentioning. Maybe not important to you, so I’ll give you a pass.
Seems to be a pattern if this is the same McLain….
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=120309885
Click on the link within the post.
DIdnt IG*K just skyrocket this year?!?!?!? Thanks for mentioning!!!!
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
Bingo!
”Also, I don’t believe the Balance Sheet is accurate. Almost impossible for Current Liabilities (Accounts Payable) for y/e 2023 to be exactly the same number as y/e 2022. I believe some numbers were plugged in since they had no clue how to get to the real number. Once it’s done with one number, easy to do with more categories. That’s why the statements are not audited.”
Current liabilities of $22,795? There is over $16 million in long term liabilities, and you are questioning $22k?
Revenue/sales has increased and approximately $1 million in sales is pretty low for a seasonal restaurant/bar and a brewery. I highly doubt those numbers are fluffed, they do look good. Audits will confirm and hopefully they will get done soon. KEGS is growing and needs to prove their numbers. I wish KEGS gets audited!
Dont forget though; KEGS just received loans from a bank and local government agencies. That is close enough for an audit since they REQUIRE BANK STATEMENTS and TAX RECORDS!
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
Thanks, tigerpac! I’m planing to read up on KEGS Consultant (promoter), Brian McLain.
Suggest you check out IGPK for more on McLain.
Huh? I wrote this earlier today.
youre wrong Huggy, there was over $15.972 million in liabilities at the end on 3rd Quarter: https://www.otcmarkets.com/otcapi/company/financial-report/386990/content The liabilities at the end of December were $16.029 million: https://www.otcmarkets.com/otcapi/company/financial-report/397570/content
The Subsidiaries owe $1.484 million and the parent which is KEGS owes $14.522 million. The parents (KEGS) original $13.7 million note holders already agreed not to convert into shares and they havent as of latest financial report!!!! The subsidiaries should be paying the loans/notes on their own. If not thats when the parent (KEGS) steps in.
Read the disclosures for yourself and read the PR's.... Everything except for one thing hasn't came to fruition, that ive seen/read. KEGS is REAL and KEGS is GROWING! 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
On July 18th, the Company and Brian McLain agreed to restructure their consulting agreement, which resulted in the cancellation of 625,000,000 shares of common stock and the issuance of a $200,000 convertible note. On March 1, 2024, Mr. McLain elected to convert the entire balance of his convertible debentures into 2 billion shares of restricted common stock.
Pursuant to the above-mentioned 3(a)10 settlement, Trillium has been issued an aggregate of 4,882,933,000 shares of the Company’s common stock to date of which 716,102,000 shares were issued after December 31, 2023.
In 2023 and through April 11, 2024, Chairman & CEO Thomas W. Scozzafava has invested into the Company approximately $1,117,484 in personal capital and shall continue to do so from time to time if necessary. In total, Mr. Scozzafava has personally invested into the Company approximately $1.37 million since 2020.
Also, I don’t believe the Balance Sheet is accurate. Almost impossible for Current Liabilities (Accounts Payable) for y/e 2023 to be exactly the same number as y/e 2022. I believe some numbers were plugged in since they had no clue how to get to the real number. Once it’s done with one number, easy to do with more categories. That’s why the statements are not audited.
Paid pumpers, aka Consultants, Agree to not convert / sell, then they do just that.
FRAUD PUMP & DUMP SCHEME
SEC LITIGATION FILES AGAINST ZACHARY LOGAN who is NOW A KEGS CONSULTANT. He received at least 300,000,000 restricted shares. However we know he doesn’t play by the rules, in the SEC litigation attached, they discovered he began to sell his shares immediately:
SEC LITIGATION FILE:
https://www.sec.gov/files/litigation/complaints/2019/comp24472.pdf
That's up from 13.7 million in liabilities - ALL of it to be paid via converted debt sold into the market.
lololol.... my bad then if I read your post wrong. Either way, there is a total of around $16 million in liabilities for KEGS and most of it is from the two original note holders that have agreed not to convert into shares until Market Cap of KEGS reaches $100 million. Those note holders have so far lived up to the tentative deal!
11/10/2022 Brian McLain received 125 million shares (restricted) for consulting. Read the disclosures, he has been around for a while: https://www.otcmarkets.com/otcapi/company/financial-report/397570/content
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
McLain. So who is this dude?
No editing there, yet another lie.
Crisis control is a bitch, I get it.
I haven't noticed Brian McLean before today. How has he been involved since 2022?
Fixed assets for KEGS are over $3.4 million and that is before the purchase of Maggies. Fixed assets are Property/Equipment and the $3.4 million dollar doesnt include business goodwill! KEGS is highly undervalued!!!!!
I will let time prove the shareholders of KEGS right!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
are you guessing? KEGS has acquired a new restaurant. KEGS is shipping beer into Canada. KEGS is GROWING. A lot has happened last year and now its starting to come together for KEGS.
I will continue to buy more shares of KEGS at this price..... Buckle up buttercups!!!!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
Brian Mclain has been involved with KEGS since at least November 2022. Brian is not a new promoter and we do not know what his consulting agreement consists of! Either way; those shares he received are restricted and they won't be sold into the market anytime soon!
I will let time prove the shareholders of KEGS right (again and again and again)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
btw: good edit with you post when you said $16 million in "new" liabilities!
one more thing: Dont believe the note holders won't convert into shares until KEGS Market Cap reaches $100 million. It will be easy to debunk every quarter when Financials come out. So far, they have not converted and they stopped accruing interest!
Big deal.
Time HAS told a sordid story here....that won't be changing.
Two billion shares to the new promoter of this fraud.
Explains it all.
And I don't believe the bullshit about note holders not converting until a 100 million market cap.
This fraud will never have a 100 million dollar market cap.
You didn't.
RM's claim to fame is things like:
lying about the non-existent shorting.
Ignoring the past problems, red flags, what have you, which are egregious.
Accusing others of lying.... regarding petty insignificant issues.
Ignoring the coming reverse split, or claiming that it won't affect the stock.
The original note holders of the convertible debt have not resumed interest nor have they converted into shares in at least 10 years. They have also tentatively agreed not to convert into shares until Market Cap of KEGS reaches $100 million (we are currently at a Market Cap of ~$1 million)!
Dont forget; the ~2.716 billion in O/S that increased was only ~716 million shares because 2 billion of that number is restricted!
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
More like 2.7 billion added:
As of December 31, 2023, the number of shares outstanding of our Common Stock was: 8,088,637,557
from OTCM: Outstanding Shares
10,804,739,557
04/15/2024
Where did I say "new liabilities", nummnuts?
Yes KEGS is doing better year over year and KEGS will keep increasing its sales/revenues with 1812 On The River and the beer sales into Canada! This is gonna be a great year for KEGS!
Good Luck To All Shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
And yet, the o/s is almost 2.8 bn shares higher than it was at the year end.
While the revenues are still minuscule for a restaurant AND a brewery.
Did they trim their net losses? Yeah... Big whoop.
With the huge red ink AND convertible debt, the reverse split will be the kiss of death...at least for you bagholders. Not for the crooked CEO Tommy Boy
Don't forget, this is the worst kind of reverse split...the kind where the 20 bn a/s remains the same....
KEGS seems to be making strides to better itself.
its not $16 million in "new liabilities" Huggy, learn how to read financial documents..... $15.972 million was there at the end of 3rd Quarter (9-30-2023), now at the end of 2023 its at $16.029 million. https://www.otcmarkets.com/stock/KEGS/disclosure
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
Year over year increase in Revs, AND it appears they really cut some costs. Seems to be promising.
There's your promoter.
Time to look up criminal background.
660 million shares added to OS between Oct -Dec 2023.
Since then about 2.1 billion shares added to OS.
2 billion of that is restricted to a Brian McLain (consultant). Coincidentally there is a X pumper of Kegs of the same name under the handle of “cervixsmasher”. .
Hmmm….
Hey Huggy Bear; The original note holders still havent resumed interest on their notes nor have they converted into shares! The tentative agreement from January 2023 is still valid! This information is current as of 12-31-2023.
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
Simple answer; I have not tried to sell any shares of KEGS, nor will I anytime soon. I will buy as many shares of KEGS as I can afford at this price. Keep guessing about my financial situation. The reverse split has not scared me and it won't happen tomorrow, guaranteed!
Looking at the Annual Report, sales have increased almost 10% year to year, that is what I wanted to see. 1812 On The River will bring in about $5k average a day in revenue for KEGS! 1812 On The River will almost triple last years revenues and that is not including the expanding beer sales into Canada!
In the meantime; I will let time prove the shareholders of KEGS right (again and again and again)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
16 million in liabilities now LOLOLOLOL
Fluff! Very simple. If the news was so great you would not be a bagholder and trying so hard to pump this one up to be something that it is not!! You are probably selling 1's just to get out before the RS! Once again the NEWS means nothing since the price is 1 and the RS is coming!
There is no KEGS short interest. Everyone knows it, it makes for a poor marketing strategy.
There were about 15 million shares on the ask @ .0001 at the end of day.... Annual Report for KEGS should be out tomorrow also! About 30 days left for the 1st Quarter to be submitted.... News is gonna come, and its gonna come quick for KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
I did look at the history of KEGS PR's. There is only one that didnt come to fruition. You are the one claiming they are all "fluff" PR's but you cant find me 2 PR's that are full of "fluff." Thanks for spreading misinformation.
We all know why the PPS is @ .0001 and that is because of the dilution that had happened from Trillium. Trillium is out of KEGS way (or almost out of KEGS way).
I am very proud of the shares I own of KEGS and will continue to add more when I have the funds available!
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
PUMPS on this TICKER! Did the PRS HELP the Price Per Share? No. Were they sent out before the RS? Yes did the CEO WAKE UP ONE DAY AND GO WELL TIME FOR AN RS! YES. If the PRS had any substance AT ALL THE TICKER WOULD NOT BE WORTHLESS AT 0.0001! BEWARE BEWARE BEWARE!!!!!!
Go look at the history of their PRS and ask if they were so great why are you a bagholder of a ticker at 0.0001 about to go through an RS. Pretty Simple, FLUFF no substance! More Time = More Unsuspecting Shareholders getting money taken away from them! That is why it is IMPORTANT for EVERYONE TO KNOW. KEGS is DOING AN RS/THE VALUE is WORTHLESS at QUAD5! and TRIP1. PRS did NOT HELP AND WILL NOT HELP THOSE who are invested prior to the RS! PRETTY SIMPLE FACTS.
I will only grab about 2 million shares tomorrow. Its play money and if/when KEGS hits I will just play harder & more! I send from my bank to my brokerage, it clears a lot faster that way to use when playing pennies.
Good Luck To All Shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
Hoping to pick up another 5m tomorrow. Was hoping funds would have cleared today to get them, but delays, delays, delays.😅
I kinda hope the .0001's stay on the ask, ill have funds available tomorrow to purchase more shares of KEGS. Im being greedy with KEGS. If there aren't any .0001's tomorrow, it'll be ok since I already have plenty of shares of KEGS!
Good Luck To All Shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
Looks like 2's coming up on deck on Ask, but then someone threw in 1's again.
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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.
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