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The industry is down! Do the Research. So why is it that KEGS cannot file financials properly? Since as you say they have so much going for themselves?
No.
The stock is a highly promoted fraud.
LOL. Jokes aside, do you get how significant it is that War of 1812 Amber Ale is selling well in Staten Island? S.I. has historically been prominent in armed conflicts going back to the Revolutionary War. The Mafia runs 75-80% of the local economy, and their restaurants are world class destinations. Any beer or ale from any continent on Earth (not sure about Antarctica) is available on S.I., so the fact that many are choosing 1812 above the rest is certainly statistically significant, and bodes well for the future off the company.
$$$KEGS$$$
The good thing is we’re up against a wanna be hedge fund — the big boys and girls wouldn’t mess with $KEGS, in part since they’d be sharp enough to recognize the potential power of a small growing company with strong local support.
$KEGS
I do not believe the SEC wants to stop shorting of KEGS.
BIG money rules all.
OTC, how would I go about proving the hedge fund(s) is/are has/have been naked shorting $KEGS if the SEC itself with its thousands of employees and access to state-of-the-art AI and forensic tools is most times unable to do so? And I have answered the repeated questions this way dozens of times, only to be asked the same questions again.
Face it, the hedge fund(s) has/have met their match in $KEGS, a local craft brewery with the momentum to become an international player.
$$$KEGS$$$
Right, a local craft brewery which owns four properties outright, owns and operates two world class destination venues, produces award-winning beers and ales whose sales and distribution are increasing steadily — this company, the 1812 Brewing Co., according to you, “is going down!”
Down south distributing to Texas, Alabama and Florida etc. yes! Other than that, I just don’t know..
$$$KEGS$$$
Someone at the company may make the buys themselves at around .0002/.0003 to bring more value to the company after the split, especially doing a 1:1000. .20/.30 better than .10.
These are Recent Facts about KEGS:
This is by far the most illogical proof of anything I have read on ihub! None of this equates to why anyone should invest in KEGS after the company continues to not care about their longs! If anything this proves that this ticker has no hope at all. So let me ask you. What are you waiting on for the hedge funds to stop cellar boxing? Stop the Naked Shorting? When do you expect this to occur?
Imho, you’ve fallen prey to circular logic.
1) I’ve recognized hedge funds’ cellar boxing of small or shell companies through naked short selling in the past.
2) I’ve invested and alerted others.
3) I’ve made $$$$$$$$.
The proof you see was in the pudding!
$$$KEGS$$$
Then you should not say anything if you can't prove it. It is an assertion that cannot be validated. So why are you saying it? You have no proof that this is being done with KEGS! So you might as well not use that as a defense as to why the company has repeatedly failed their longs!
You are just making assumptions about what will be and what the company is doing at the moment! Always in the FUTURE or Could happen the REALITY is this!
The Company is doing an RS and an RS after all the great NEWS that you are trying to use to Validate the sinking PPS.
KEGS has FAILED THEIR SHAREHOLDERS and they are now looking for new bag-holders since they are going forward with the RS after telling everyone like you are doing how GREAT things are in KEGLAND, which they are NOT.
More like .0002/.0003 by the time of the reverse. You can’t dispute $KEGS’ market cap is barely over $1 million, with fixed assets of $5 million or more.
$KEGS
OTC, how would I go about proving the hedge fund(s) is/are has/have been naked shorting $KEGS if the SEC itself with its thousands of employees and access to state-of-the-art AI and forensic tools is most times unable to do so? And I have answered the repeated questions this way dozens of times, only to be asked the same questions again.
Face it, the hedge fund(s) has/have met their match in $KEGS, a local craft brewery with the momentum to become an international player.
$$$KEGS$$$
Amazing how fake rumors get started. Rumor is a form of a statement whose veracity has never been confirmed.
FYI, there’s NOT been KEGS massive shorting, still.
The company claimed their “desire is to up-list KEGS to NASDAQ”. That was April 26, 2022. Didn’t happen, thorough DD is imperative. Don’t Be Fooled.
They Filed because they Don't have the Money TO run their Own Business period!
Reverse Split Reverse Split Just Like BBRW and Brbl, get a grip look at the facts BRO!
The RS that is Coming to Screw shareholders will Plunge this Piss as CO into oblivion!
And it will be massively shorted even more Due to Screwing shareholders on the RS!
They are also Looking at the RS which is BS for any Co that Wants to increase shareholder value what a joke that you think that this Co cares About shareholder Value, how many RS splits has this Co had in the Past =?> Count them hahaha!
The hedge fund(s) have taken note of the steady expansion of the company, and is/are looking for an exit strategy.
$$$KEGS$$$
KEGS IS BEING MASSIVELY SHORTED!
"just show them the facts and watch them spin and squirm" (29YEARINVESTOR)
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
I see the fake shares are getting lower in trade, a good sign, JMO.
(KEGS)
Naked Short Interest
KEGS
- Short Volume Report (REGSHO)
All RegSho Dated reported by: FINRA
Historical Short Volume Data for KEGS
Date Close High Low Volume Short Volume % of Vol Shorted
Apr 17 NA NA NA 49,001,333 11,516,060 23.50
Apr 16 NA NA NA 12,302,787 7,510,144 61.04
Apr 15 NA NA NA 24,114,975 11,760,092 48.77
Apr 12 NA NA NA 11,558,936 11,298,508 97.75
Apr 11 NA NA NA 292,003 292,000 100.00
https://www.otcshortreport.com/company/KEGS
Its in black and white for everyone to see! The note holders of the $13.7 million in debt have tentatively agreed not to convert into shares of KEGS until Market Cap of KEGS reaches $100 million and they are living up to that agreement so far.
If it was bullshit you will be able to prove it. Since you cant show the shareholders of KEGS facts, you are full of BULLSHIT!
I will let time prove the shareholders of KEGS right (again)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
And it's a bunch of straight up BULLSHIT
KEGS has not scheduled a reverse split, FACT!
KEGS has has a bid multiple times this year while you say "NO BID for the past 10 months".
KEGS has been @ .0002 multiple times this year alone while you claim ".0001 and lower for the past 10 months".
What scams has the CEO of KEGS (Thomas Scozzafava) run?
What insiders have been enriched by this insider enrichment scam since you claim "KEGS is 100% an insider enrichment scam."
I will let time prove the shareholders of KEGS right (again)!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
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$$$
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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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