1812 Brewing Company Inc (KEGS)

[guitartrader]

Also seems no .0001s available!

[Fares]

Well looky here a trade.

[Fares]

No?

[THall]

INCORRECT!!!. Looks like the stock has been suspended or just dead money

[guitartrader]

INCORRECT!! 181M on the BID! Looks like things might reverse here.

[THall]

There is NO BID, SMH

[stockstobuy]

Good luck .0001 tommorrow. I hope you get it because it looks like the bid is growing.

[rtrstock]

This is really good.

[Huggy Bear]

Enjoy the scam.

[Fares]

Trite. But observations abound right?

[Huggy Bear]

Easy come, easy go.

[guitartrader]

Likely that all the .0001's were swallowed up by the flipper crew.

[Huggy Bear]

Here's a shocking secret.

Everyone doesn't love stock scams.

[THall]

Need to get that bid up to 50 - 100 million so its worth dumping it back to NO BID

[Fares]

Well looky here. Bid returnith.

[guitartrader]

Idiots will be the ones crying they didn’t get .0001’s lol

[stockstobuy]

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.

[SniffinPennies]

Why do people care what other people do with their money if they have no vested interest.
Just an Observation.....

[Huggy Bear]

Just an observation...

[THall]

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

[stockstobuy]

They can do what they want with their money. How is that concern you even if they loae everything?

[Huggy Bear]

Look at fresh idiots buying .0002 stock.

[stockstobuy]

I hope this is coming back to life from here on.

[THall]

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.

[macdwatcher1]

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

[jimtash]

Expect the dilution to continue for a while. That's why I said it's not ready.

[get_this_MJmoney]

How convenient, the stock goes to no bid, now the company is tweeting again.

[marylandstockguy]

Wow - 437 million now - and still no bid. We may have our answer.

[THall]

another 430 million in dilution, only 154 billion to go

[Fares]

TZ1 going chugga chugga.

[Fares]

Day just began.

[marylandstockguy]

So far no dice - and possible further dilution? I don't know if it's buying or that? Time will tell.

[marylandstockguy]

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.

[jimtash]

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.

[marylandstockguy]

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.

[Dusty2]

$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

[THall]

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

[THall]

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.

[Huggy Bear]

Considering the track record here I'll stick with my analysis thanks.

[jimtash]

Wait til the filings comes out before making those assumptions.

[DD-214]

Huh?

[THall]

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.

[jimtash]

Again, what are the big block sells? Debt conversions or company selling to finance?

[DD-214]

Huh? Are you aware there’s no bid??? how in hell can anyone sell with no bid.. amazing, lol..

[jimtash]

At the pace the shares are being sold, it's logical to assume that it's not debt conversions.

[THall]

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.

04/17/2023
Authorized Shares
10,000,000,000

04/17/2023
Outstanding Shares
5,905,433,557
04/17/2023

[THall]

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

[jimtash]

There will be no reverse split in the near term IMO.

[jimtash]

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.

[jimtash]

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.