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Ummm... I was replying to a poster that specifically stated KEGS is doing a reverse split so they won't be "delisted." He has said that more than once:
More likely they are trying not to be delisted that is the reason for the RS
All securities seeking to trade publicly on open exchanges must register with the SEC
That amount of revenue for a brewery and restaurant is pathetic. Period.
Just look at the massive losses... (which they did trim a lot based on the last report.
For what they do, I'd say $3-5 milly might make them a going concern.... but, there's still those massive losses, and huge convertible debt.
Umm, it can't be delisted because it is NOT a listed security. It trades OTC, not on a listed exchange. Further, it is not an SEC registrant....so it can't be revoked.
KEGS is an unlisted company which withdrew its stock registration some 15 years ago.
Plus, it trades OTC. so it can not uplist..probably EVER.
Will never happen. Company withdrew its stock registration sometime 2009-ish.
Imo, this debt-ridden Toxic dilution machine has a 1% of going up and staying up after the reverse split.... if that.
I have been buying as many shares of KEGS as I can afford and will continue to do so at .0001..... I highly believe KEGS has a big surprise for the shareholders and im not gonna let the reverse split get in my way. If I lose some money, I will still eat/drink/play and have my freedom. If I am right and make some money, I will eat/drink/play more and still have my freedom. I hope all investors know to never risk more than what they can afford to lose (basic investing).
KEGS has "forces" working against it and im pretty sure the CEO realizes this. Thomas Scozzafava has worked his a** off to get KEGS where it is at right now. I am very surprised we havent seen PR's yet, only 2 PR's this year when last year there were 11 PR's by this time. I think he will put out PR after PR within a couple of days of each other.
In the meantime; Good Luck To All Good People Here!
Lets Go KEGS! More Good News!
https://www.otcmarkets.com/stock/KEGS/news
Thanks for your good work, RMS. The biggest thing I’ve seen since the reverse split was announced is significant buying. I do think that’s a good sign.
$KEGS
Just logic, Huggy Bear. If someone is hired as a consultant, it’s likely s/he’s consulting about something business related.
$$$KEGS$$$
KEGS is growing, there is no stopping KEGS as a company!
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
btw: there is one PR since January 2023 that hasn't came to fruition (yet), it was in March of 2023. (that is the only one I have seen/read)
No, it’s a local craft brewery with growing assets and sales. Zachary Logan is employed as a consultant. It’s just speculation, but he may be involved in the future development of the company’s fourth property, a bare lot, potentially for alternative beverages. Since the company’s efforts of late have been successful, it’s more likely that Logan will make a positive contribution than your exaggerated gloom and doom assessment
$$$KEGS$$$
It's a who's who of con artists in the disclosures.
What "services" does Zachary Logan provide?
Non disclosing promotion.
OINK OINK KEGS got my 30 dollars Oinnnnkkkkkkk nothing worse than getting screwed by an OINKING Reverse Splitter. OINK OINK.
Maybe they really can’t see that the company is on the up and up. Every PR in the past year has come to fruition, and we’re now waiting on two more items of good news. Every report going forward will show increasing sales numbers.
$$$KEGS$$$
Tomfoolery Scozzofava only hires the cream of the crop carnies.
Changed the name from Zachary Logan? He got 300,000,000 shares from Scozzafava even after being busted by the SEC.
Where's Mr Walnuts? Anita Dump? PepsiMan?
"Despite the engagement of CONsultants" ...
Yeah, we know.
Look where this garbage is now.
Where's Mr Walnuts? Anita Dump? PepsiMan?
So are you trying to say less than $1 million in sales for a seasonal restaurant & bar and a brewery that is expanding is BS? You are wrong Huggy (again), those revenue numbers look very real! By the way: A bank and local government agencies just loaned Sackets Harbor Brew Pub, a subsidiary of KEGS, money. If those numbers were false the bank or local government agency would of denied the loans!
Once again I will ask this since your partner never answered: What insiders have received any shares of KEGS? There is only one insider/officer/director and that is the CEO. He has not received any shares of KEGS in years!
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
Exactly. Almost two years ago, April 2022, Scozzafava said:
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.
Our desire is to up-list KEGS to NASDAQ…...
“Our desire” lol, what a bunch of Tomfoolery.
Scozzofava will not have his home cooked books audited, for starters.
Then there's more requirements this endlessly promoted scam will never be able to meet.
It's an enrichment scheme at the expense of penny stock marks.
Always will be.
Sure they do, and why wouldn’t they? It would increase the value of the company tremendously.
$$$KEGS$$$
They don't plan on any of that lol.
I'm still reading through the whole disclosure.
$$$KEGS$$$
Is what it is, maybe better in the long run. That is if they plan on reporting and uplisting.
$$$KEGS$$$
You think this is good or something?
Note 8 – Subsequent Events
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. On March 1, 2024, Brian McLain elected to convert the balance of the $200,000 convertible debenture issued to him into 2,000,000,000 shares of restricted common stock of the Company.
On March 14, 2024, the Company filed an amendment to its certificate of incorporation with the state of Florida for a 1-for-1,000 stock split in an effort to increase its per share price and, with appropriate funding, to become a fullyreporting (or “1934 Act compliant”) issuer. The Company intends to pursue the consummation of stock split with FINRA sometime in the 2nd quarter of 2024.
$$$KEGS$$$
Your the one I would not believe, because you do not prove what you say.
You say a lot with no real facts. Just my Opinion!
Nobody said a R/S was not filed, just do not when R/S will happen!
Why dont you asked the CEO? OOOOPS cause he does not reach out to commons to tell them why they are doing an RS in the first place! Your trying to be crafty by stating Scheduled it is Scheduled to be done or they would have not filed it. So go ask the CEO! You are so desperate to prove a point on IHUB that you can't even see that an RS has been filed and according to the CEO will be executed or they would have not filed it. Pretty simple!
$KEGS is for real. In case you hadn’t noticed, the beers and ales they purvey are gaining greater and greater acceptance in the marketplace. This is how local legends get started.
$KEGS HAS LEGS!!
GO $ KEGS!!
LOL!! Desperation at its best! KEGS SHOULD BE A PRIVATE COMPANY since all it does is take from the unsuspecting public!! Lets go over the facts! Alternative Reporting LOL! can't afford to file correct paper work 16 Million in Debt and RS on the horizon PPS is less than 0.0001. PRS have done absolutely NOTHING for Shareholders! the company has been OPEN TO THE PUBLIC for years and nothing but Price DROPS for those who are longs! So yeah the company should no longer be allowed to trade and should go private and the RS has been FILED WHICH MEANS the CEO will proceed with the RS!! If not then he filed it for no reason as you believe!! LOL!!! Just woke up and felt like filing it for no reason LOL!! KEGS HAS BROKEN LEGS
I wasn't bragging about KEGS being on Alternative Reporting Standards, I was disputing your delisting falsehood. KEGS will not be delisted for having a share price of .0001 and KEGS will not be delisted for having a market cap of ~$1 million.
Can you please stop saying KEGS will be delisted and can you please stop saying KEGS reverse split has been scheduled? Those two statements you have made repeatedly are completely false!!!!
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
LOL Bragging about Alternative Reporting that is RICH! LOL!!
Here read and learn: Remember 16MILLION IN DEBT trying to sell some beer and fish sticks.
Criticism of a Reverse Stock Split
A reverse stock split is terrible because it can be a sign of trouble for a company. If a company is struggling financially and decides to do a reverse stock split, this could be an attempt to hide financial problems.
A reverse stock split is sometimes done to hide financial problems. If the share prices of your favorite companies drop substantially over time and you want to repurchase them at their previous high price, you may need more money than you have on hand—and what better way to raise capital than by conducting a reverse stock split?
Reverse stock splits can signal issues with how the company is being run or managed. In some cases, this could indicate fraud or other illegal activity on the part of management or board members; if that's happening at your favorite companies (or those that you might invest in), then these shares might not be worth buying anymore!
Should I sell my stock before a reverse stock split?
Selling before a reverse stock split is a good idea, but selling after the reverse stock split is not.
Since you can sell before and after a reverse stock split, selling during one is optional. The main advantage of selling before the reverse stock split is that you don't have to wait around for it to happen. However, if you want to make more money by holding onto your shares until they've risen in value again (after they've been divided), you may want to sell after the reverse stock split instead.
Here you go with your "delisting" falsehoods..... KEGS will not be delisted for having a share price of .0001, you should know this because I told you this last week. KEGS is OTC Pink under the Alternative Reporting Standards, no delisting for having a share price of .0001....
The only way for KEGS to be delisted is by not filing their required financial reports, which KEGS just did yesterday, or by KEGS filing the appropriate paperwork with the SEC (or whatever agency) which doesnt look like it will happen anytime soon!
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
So you believe they filed an RS and are not planning on going through with it?
Show the proof.
Send the link.
Got proof of this uplisting? More likely they are trying not to be delisted that is the reason for the RS! lol uplisting. What are they 16 Million in debt that is a lot of beer that needs to be sold! Give me a break!!
The stated reason was to increase the SP in order to uplist $KEGS.
$KEGS
Why dont you asked the CEO? OOOOPS cause he does not reach out to commons to tell them why they are doing an RS in the first place! Your trying to be crafty by stating Scheduled it is Scheduled to be done or they would have not filed it. So go ask the CEO! You are so desperate to prove a point on IHUB that you can't even see that an RS has been filed and according to the CEO will be executed or they would have not filed it. Pretty simple!
its on the disclosure but I dont know page number, you'll have to scroll just about all the way down. Its under Note 8 - Subsequent Events:
On March 14, 2024, the Company filed an amendment to its certificate of incorporation with the state of Florida for a 1-for-1,000 stock split in an effort to increase its per share price and, with appropriate funding, to become a fully- reporting (or “1934 Act compliant”) issuer. The Company intends to pursue the consummation of stock split with FINRA sometime in the 2nd quarter of 2024.
I asked when is the R/S scheduled since you only state facts? You've stated that "fact" multiple times but you will not tell anyone the date the R/S is scheduled.... Once again: when is the R/S for KEGS scheduled? I am a shareholder and would love to know what date the reverse split is gonna take place (Thank You).
One more thing to add about a reverse split: It will not change the fact that KEGS Market Cap will be the same as pre-reverse split. Its what happens after the reverse split that matters most!
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
$KEGS will be uplisted , it’s just a matter of time. The company’s beer and ale sales are increasing, that’s a fact.
$$$KEGS$$$
LOL!!! Tesla laid off over 22,000 of their work force, think that might have something to do with it!, Bosco? SMH
Plenty not to be happy about: on KEGS:
1:1000 reverse split,
major debt
20 billion A/S
10.8 billion O/S
Borders on .0001 and lower, 12 month high .0002
CEO, Thomas Scozzafava, has a long history of reverse splits
I understand you’re trying to drive up numbers on the BOB Board. We KNOW what makes these boards active. It's the pump & dump stocks who invent naked short and short squeeze scenarios. I’m not playing the Bob game, I don’t love stock scams, bosco, and I don’t fall for their conspiracy theories.
“Uplisting the ticker?” HA HA HA HA HA HA!!!! Scozzafava said the same thing two years ago. Lolololololol!!
I wasn’t. I was illustrating that your point about BoB stocks being PnDs was incorrect.
$$$KEGS$$$
Then why are you comparing it to listed stocks? KEGS is a P&D, bosco.
You claimed BoB stocks were PnDs. Clearly, $KEGS is an OTC stock. The stated purpose of the reverse is to raise the SP, and work towards uplisting the ticker.
$KEGS
By that logic, Tesla, Bitcoin and Nvidia, currently on the BoB, are scams. Surely you aren’t suggesting that.
$KEGS is on the BoB in part because, in spite of the upcoming reverse split, it has a very low market cap of just over $1 million. With fixed assets of $5 million and all kinds of momentum in beer and ale sales and two popular destination venues, in my opinion it’s way undervalued.
$$$KEGS$$$
You do know the stocks you recalled are SEC Registrants, no? KEGS IS NOT. SMH.
This fellow filed multiple Freedom of Information requests, and was hostilely obstructed in his pursuit of answers — here's a key quote from the link below — “Following the international calamity that was the distribution of the GameStop/GME 3 share dividend and the AMC Entertainment Holdings Inc4 preferred equity dividend APE (AMC Entertainment Hldg Pref Equity Units Depositary Share 5, it appeared that at least overseas there was anecdotal evidence of counterfeit/naked short shares given the sheer scale of complaints from shareholders that were not receiving their dividend in the prescribed form (new shares via a dividend as opposed to their original shares being split), or in a timely manner (many complained that it was several weeks before they received their APE shares; were offered cash in lieu of deliver of dividend shares; or, when they were ‘delivered’ were set to position close only) – I also hypothesized that perhaps these overseas’ problems were confirmation of the naked short suspicion behind the events of January 2021: the so-called ‘GameStop Frenzy’6. In search of answers, I submitted dozens of Freedom of Information requests to financial regulators and central banks for “Failure to Deliver” (FTD) data across the globe, and I have been utterly shocked by the hostility, obstructiveness, secrecy and lack of information in regard to requests for FTD data in relation to these US issued securities. The information I did receive challenges the SEC’s loyalty to the rule of law; protection of investors and the public interest; its conclusions in the ‘GameStop Report’ ; and, its loyalty to the United States Constitution.”
https://www.sec.gov/comments/s7-31-22/s73122-20154222-322444.pdf
$$$KEGS$$$
Everything you stated proves the point! Why this company should be private instead of public. THE SS THE DEBT the inability to keep shareholders informed, not properly filing SEC Paperwork! the list goes on and on.. if they want to have a business only and not make money off Commons then take it private it has been Public for way to long to be taken seriously now! Saying they will have revenue is hypothetical and even then how long will it be before Commons see any return if any! could be years!! upon years! the RS just proves the company does not care !!
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Moderators rbtree Stock_Barber Huggy Bear |
1812 Brewing Company is a brewery open year-round in Sackets Harbor, NY. We are also opening a second location in Watertown, NY and you can buy our beer throughout upstate New York!
Looking forward to hosting you soon!
1812 Brewing Co WINS U.S. Gold in 2022 World Beer Awards -- 1812 Amber to compete against winners from around the world!
WBA global awards select the very best across styles & award & promote the world’s best beers to consumers & trade partners across the globe!
~1812 Brewing Company Wins Two U.S. Gold Medals and Wins World Gold Medal in 2023 World Beer Awards~
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Wins-Two-US-Gold-Medals-and-Wins-World-Gold-Medal-in-2023-World-Beer-Awards?id=419462
Delinqueint Debt Addressed:
"I have had subsequent discussions with each of the debt holders,
and they have tentatively agreed to continue to waive any accruing interest
as well as to abstain from any conversions until the market value of the Company exceeds $100 million."
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Addresses-Outstanding-Convertible-Debentures?id=385470
Market Cap = ~ $1 million
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
Recent News:
New Restaurant Purchased
Direct to Customer Sales (45 States)
Available in Canada
More Awards!
Available at Price Choppers Supermarket
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Executes-Definitive-Agreement-to-Purchase-Business-and-Assets-of-Maggies-on-The-River?id=426425
https://www.otcmarkets.com/stock/KEGS/news/All-of-1812-Brewing-Companys-Medal-Winning-Beers-Made-Available-Direct-To-Consumers-in-45-States-Plus-Washington-DC-with?id=425033
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-and-The-Beer-Store-Initiate-49-Store-Rollout-of-Gold-Medal-Winning-War-of-1812-Amber-Ale?id=424594
https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Brings-Home-Bag-of-Winning-Medals-from-2023-Brewski-Awards?id=422641
https://www.otcmarkets.com/stock/KEGS/news/Price-Chopper-Supermarkets-to-Carry-1812-Brewing-Companys-New-Helles-Bells-Lager-as-well-as-Route-11-Lager?id=417636
Good Luck To Everyone!
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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