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So you’re valuing the 1812 Brewing Co. at just over $1 million? Really that’s awfully low considering everything the company has going.
.0005 pre-split would be more like it, even though that would still be a low valuation.
Also, for the average hedge fund, cellar-boxing a small company and pocketing the proceeds from their previously naked-shorted shares, as in the case here with $KEGS, is simply business as usual, not a conspiracy, so you are misusing the term conspiracy theory.
$$$KEGS$$$
That’s just another conspiracy theory.
Yes...and it is spewed by bagholders of damn near every downtrodden stinkpink garbage
dbmm is one of the worst.
Wow. So more suckers paid .0002 today... right away, their shares are worth, at most .0001....Sad, really.
BlaBlaBla. Keep repeating all that...maybe this won't go below effective .00001 pre-split effective, in six months or so...
Even FINRA has trouble keeping track of naked shorted shares — since those shares were never borrowed, they usually don’t register as FTDs.
Again, the “conspiracy theory” accusations are inaccurate and sensationalistic. Maybe can ‘em and have a forthright discussion.
The 1812 Brewing Co. has had a sensational year, and it looks like (well-calibrated analysis, not “safe harbor”) this will be their breakout year, with beer and ale sales shooting up and a growing number of people nationwide recognizing Watertown as a major destination, and discovering the two gems of the area — 1812 by the Lake (a safe harbor indeed!) and 1812 by the River.
$$$KEGS$$$
The conspiracy theories have been spun here for several years now. The gullible bite right in and follow along. Traders should beware as these theories have not an iota of,factual data, but as fiction they have derailed many who bought in. “Air shares" = a conspiracy. But when naked shorting happens, it generates fails to deliver. FINRA, not the SEC, tracks fails to deliver, since "air shares" don't exist.
And those fails are the so-called "air shares". FINRA does keep track of fails, and the SEC uses that information. The FACT remains when there are no significant FTDs in a security, (KEGS has Zero), that means there are no abusive shorts (KEGS has Zero), no abusive NSS, no air shares, no phantom shares... etc. none of the typical excuses used on OTC issues. The meme stock traders think the financial world began when they discovered naked shorting. Many have never even heard of Reg SHO, they don't know about the huge CMKX cert pull, nor any of the other travesties that take place on the OTC.
Amazing!
Conspiracy theory is an unfair term to sling around to discredit what I’m saying.
The 1812 Brewing Co. is an intrepid company, with four entirely owned properties insulating them from the rent increases so deadly to many craft brewers.
The beers and ales 1812 produces have won multiple awards. Instead of saying, “Whoa, cool, good job!” some losers on this board critique the brews without ever having tried them.
And hey, hoser, wildly expanding Canadian distribution of their product, eh, folks up North know how to party! Damn right, found that out overnighting on a cross-country bike trip in Hamilton, Ontario in 1979.
GLTA!
Going North!!
.0003 by Split-time
$$$$$$$$$$$$$$$$KEGS$$$$$$$$$$$$$$$$
Recent Facts of KEGS:
You are not a common shareholder of KEGS, so why are you infatuated with KEGS share price?
The R/S apparently was the "deal breaker" for you after you watched KEGS for about a month.... will you buy after reverse split? Will you buy if excellent news comes out? Did you do any DD while you were watching? Did you find anything negative that is recent about KEGS?
In the meantime; I will let time tell the truth for the shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
You do realize it’s a conspiracy theory to label actual facts conspiracy theories, right?
$KEGS is proving itself an intrepid small company with everything in place for the long haul. The first quarterly report will include the excellent beer and ale sales in Canada, not to mention expanded distribution through Doldo Bros. and direct from 1812 in the Watertown/ Fort Drum area. Like RMS and other shareholders here, I am proud to own a chunk of this growing company.
Plus, the two venues (1812 on the River and 1812 on the Lake) are such fun destinations that they will help immeasurably with brand recognition and further production and distribution expansion.
GO $KEGS!!
OINK OINK!! another day closer to OINKING revesey splitty one I only get one OINKING post now days OOOINK Kegs really let us down OINK OINK!
Absolutely undeniably super freakin excellent volume and action today. Validating the general health of the company. We start scarfing those .0002s, the 45 million air shares added today will disappear toot sweet! Other air shares will follow as the hedge fund(s) FINALLY realize they’re on the wrong side of history.
Way to go, 1812, choosing 12 oz. bottles for your iconic (and delicious!) War of 1812 Amber, selling swell in Staten Island….
$$$KEGS$$$
Also if the Revenue is so Great why the need for an RS? Also how much were their collective NET LOSES?
KEGS has only released 2 PR's since I became financially involved (this year). There are companies that are a lot worse and you know that.
Since you are not a "common" why does it bother you what the share price is at?
I will be patient and let time tell the truth for the shareholders of KEGS!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
And how much were their collective net losses?
KEGS releases PRS all the time and the PPS never moves! So why has this not translated to PPS for commons!??
1812 on the River brought in approximately $1.8 million for 2022 (verified by local government agency).
1812 on the Lake & 1812 Brewery brought in almost $1 million for 2023 (not verified but pretty low numbers for them to be "fluff" as you like to call it).
Sales just started in Canada in December so the Brewery should have at least 20% more revenue last quarter. 1812 on the Lake is a seasonal restaurant while 1812 on the River is not. KEGS will now be very close to being profitable if not profitable all year round now.
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
So how much revenue per year does each restaurant bring in for KEGS?
That is your opinion of course.
The R/S that is not gonna happen tomorrow doesnt change the Fact that KEGS has 2 restaurants/bars a 13,000 sq foot brewery and is shipping/selling beer in Canada along with most US States!
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
Retail got squeezed out on this one. The RS ruined any chance of a run. The Market now is in position to control bid/ask while commons face an RS. News did not move the needle before the RS Announcement so unless it is a cancellation of the RS then don't see it moving the needle with an RS.
.0002's are getting stacked, LMFAO! We may start seeing .0002's again but the shorts will not let KEGS run!
I will be patient and wait for the CEO to start PR'ing again, he already tweeted that there may be a couple big announcements coming soon!
Good Luck To All Good People Here!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
any 100 share trade or above will change the share price (if there is a price difference). So technically even a .01 trade can change the PPS.
As far as .00005 trades, ive received shares at that price after putting a buy order in for .0001. Its rare, but it does happen occasionally.
In the meantime; Good Luck To All Good People Here!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
That's a lot of reads for a few posts.
#49 on the Breakout Boards.
$$$KEGS$$$
Will this end with it at .10 or .20 after the split. That is the question now, IMO
May seem like R/S may be happening soon, now that we start seeing some movement.
I wonder who gets off on these low $ amount .0005, .00014 and .00015 buys? Should a buy under $1 even move the PPS?
The AS number in your article is incorrect. The AS was increased a year ago, in April 2023. Scozzafava filed an amendment to the SOS to increase it to 20,000,000,000. THall’s Authorized Share number is correct.
KEGS in not an SEC registrant, therefore they do not “file”. They submit Disclosures to OTCMarkets, those disclosures are not vetted for accuracy.
I don’t remember anytime the KEGS OS was reduced by “3.4 billion” shares. What was the date?
I see a lot of awards, have they ever won a World Beer Cup?
Bully for you.... it won't last.... If I were you, I'd hold for six months after the r/s. By then, you'll be hard pressed to get the equivalent of .00001 for your about to be damn near worthless shares.
Of course, I'd never be you, as I don't promote companies with sordid histories like KEGS
whelp, we are currently @ .0002......
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
You might... but it will always be at .00005 or worse
Hope to see a PPS of .0002 today. That .00015 looked good while it lasted. (Yes. Low volume but not as low as the 144 yesterday.)
bid is @ .0001 with a little over 13 million shares, ask is @ .0002 with almost 300 million shares.... the .00015 PPS is true but only about 65k shares bought at that price.
Good Luck To All Good People Here!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
Voilà. PPS is .00015. iHub L2 is jacked up right now so not sure what is going on with that.
Actually, the PPS has touched .0002 for short durations over the past year.
I would feel better about the company, if we had some filings but they are not required.
I copied the following from X. As you can see, it's not like nothing is happening at Kegs. The X post doesn't agree with your A/S number but I don't care to discuss that further.
“ The future of 1812 Brewing Company looks promising, as the company has been achieving numerous operational milestones and winning awards for its beers ¹. Here are some of the company's accomplishments ¹:
- 1812 Brewing Company has taken control of 100% of its beer production and packaging.
- The company re-launched its top-selling War of 1812 Amber Ale in bottles.
- 1812 Brewing Company reduced its authorized shares by 50% to 10 billion shares.
- War of 1812 Amber earned a Bronze Medal in the 2022 New York International Beer Competition.
- The company engaged investment bank Tully & Holland Incorporated to assist in its pursuit of investment and acquisition targets.
- 1812 Brewing Company eliminated $300,000 of Convertible Debentures by using proceeds from its fixed-price Regulation A offering.
- War of 1812 Amber Ale won a U.S. Gold Medal in the 2022 World Beer Awards and was the United States' Winner in the Amber category.
- The company commissioned a Premier Stainless 3-Vessel 30-barrel brewhouse acquired in Milwaukee, WI in 2020.
- 1812 Brewing Company introduced Thousand Islands IPA to be offered in 12-ounce bottles as well as 16-ounce cans.
- War of 1812 Amber Ale brought home a Silver Medal in the International Brewski Awards.
- The company joined the Watertown Wolves sponsorship team, which includes production of newly created Wolves Den Cream Ale.
- 1812 Brewing Company won a spot in the 2022 New York State Craft Brewers Festival - Syracuse.
- The company's beers became available direct-to-consumer e-commerce in 45 states plus Washington DC with (link unavailable) E-Commerce Agreement.
- 1812 Brewing Company commissioned a Wild Goose Filling, Ska Fabricating, and Pack Leader Canning Line operating at about 3,000 cans per hour.
- The company reduced shares outstanding by 3.4 billion shares of common stock, resulting in a year-over-year net reduction of common stock by approximately 167 million shares.
We dont have to hope for sales to keep increasing, they are!! The new restaurant will bring in about $5k average a day in sales for KEGS ($1.8 million approx annually) and that is verified by banks and local government agencies. KEGS finally has possession and now operates the new restaurant, 1812 on the River.
The volume is low, but when volume starts coming KEGS will start moving up fast. It wont take much to get KEGS up to its real value. We just need the CEO to start talking for the shareholders. Im very surprised that there have been only 2 PR's this year when compared to last year when there were 12 PR's by this time. I hope that he is holding the PR's for them to come out back to back (with excellent news for the shareholders)!
Good Luck To All Good People Here!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
one more thing; Reverse Split wont happen tomorrow!
It's been at .0001 with no bid for 10 months now. SMH I suggest doing some real DD before you are trapped a bag holder in this scam. Sounds like its too late for that though.
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.
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.
Yes. Reverse splits aren't inherently bad. If the company uses the higher PPS so that the company can dilute some more, that is a big problem. A reverse split can help a company get into OTCQB or NASDAQ. The main problem I see here is that volume is low. It wouldn't take much volume to gobble up those .0001 shares on the ask and get this stock moving in the right direction. $KEGS has a product and cash flow which is different than many OTC stocks. I'm hoping sales keep increasing.
Some type of algorithmic trading. Less than a penny’s worth!
$$$KEGS$$$
So you are comparing KEGS with CANOO?
Canoo (NASDAQ:GOEV) just engineered a 1-for-23 reverse stock split that has placed the EV upstart back in compliance with NASDAQ's $1 minimum listing requirement
Canoo and now Nikola has and will execute reverse splits, Canoo’s successful thus far.
The problem with $KEGS is not the reverse, but leaving the A/S at 20 billion — shout out to CEO Tom Scozzafava — please correct that!
$$$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.
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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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