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There’s been no proof of KEGS naked shorting nor abusive short interest. Do you care to share documented and verifiable abusive short interest? What are the numbers? The regulators say Zero short interest. Here’s the link to verify: https://otce.finra.org/otce/equityShortInterest
Those are ridiculous statements lol
1) where are the .00005 sales?
2) who would consistently offer shares to short on this for constant loses? (For someone to profit, someone has to lose)
3) just because it’s been done, doesn’t mean it’s happening here
4) nobody generally shorts companies like this….
Also you can see shorts on a website….
How long have you been watching KEGS for? Watch KEGS for a little longer and you will see for yourself how a .0001 stock can be shorted.
They like to call them "air shares" which are shares that aren't found but being put on the ask consistently @ .0001. In "real" terms those shares are called Naked Short Shares, it can be done and has been done (verified by the SEC and FINRA).
Its big money in the OTC since there isn't much money flowing through OTC stocks. Shorting @ .0001 and then receiving the shares @ .00005 or lower like what Trillium (Stephen Hicks, the bad actor here) gets them for is a perfect example. A bad broker/dealer has a lot of leeway, now make that two bad broker/dealers and it'll be very hard to catch or stop.
To make 50% is a great return on investment, especially when you can short just about as many shares as you want in the OTC.
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
That’s the whole point, no one is shorting KEGS, and you’ve yet to prove any of this.
Fyi, when naked shorting happens, it generates fails to deliver unless whoever does it gets a borrow. FINRA, not the SEC, tracks fails to deliver, since "air shares" don't exist. And those fails are the silly term "air shares". FINRA does keep track of fails, and the SEC uses that information.
KEGS has Zero short interest, and Zero fail to delivers. I’ve posted links to verify, I don’t know why this continues to be an issue.
The shorts want to destroy KEGS as a company (their words) post # 240930:
I don’t think anyone shorts further than .0001….
Nothing illegal about shorting a stock! And Guess what those who did short the stock were/are right about this ticker! The Shorts actually are proving that the company is failing! That is what shorts do they look at the overall production of the company and then they analyze what they believe to be a bad investment long term and they short the stock! Now if the company and the CEO were doing the right things then Shorts would not be any concern but since they are not the Market knows! Nobody is buying into KEGS!
FALSE.
FINRA SHORT INTEREST: 0
https://otce.finra.org/otce/equityShortInterest
SECGov FAILURE TO DELIVER: 0
https://www.sec.gov/data/foiadocsfailsdatahtm
“The Misleading” – Daily Short Volume
https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity
Daily Reg SHO is meaningless due to no separation of Riskless Principal transactions from the data. Almost all short volume is created by non ownership or physical possession of the shares in a trade transaction.
KEGS IS BEING MASSIVELY SHORTED!!!!!!!!! Key word = IS, definition of IS:
KEGS is 16 Million in Debt. KEGS sits at 0.0001. KEGS is FILING FOR AN RS. Some who are claiming this is a success have to be working for the company on some capacity while the TRUE INVESTORS/COMMON RETAIL have to sit back and watch any hope of a return go out the window! KEGS has failed their COMMONS it is easy to see. THEY DO NOT CARE FOR THEIR SHAREHOLDERS!
THIS IS A SCAM,SCAM SCAM SCAM SCAM SCAM RINSE AND REPEAT,THATS ALL IT IS AND WILL EVER BE A SCAM.
on what point am I incorrect? please advise!
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 is 16 Million in Debt. KEGS sits at 0.0001. KEGS is FILING FOR AN RS. Some who are claiming this is a success have to be working for the company on some capacity while the TRUE INVESTORS/COMMON RETAIL have to sit back and watch any hope of a return go out the window! KEGS has failed their COMMONS it is easy to see. THEY DO NOT CARE FOR THEIR SHAREHOLDERS!
You are incorrect.
You are mistaken; PR's aren't released to increase PPS, PR's are released to show progress being made. KEGS has only released 2 PR's this year!!!!! KEGS PR's this year have came to fruition. KEGS has LEGS, KEGS is Growing!
If KEGS was a failure you would see "tax liens" on the properties KEGS owns for not paying taxes. If KEGS was a failure they wouldn't of been able to purchase a new restaurant for around $1.4 million, now named 1812 on the River!
I personally just bought KEGS this year, and will continue to add as many shares as I can afford at this price. I am accepting the risk after doing proper Due Diligence. If I am wrong and lose money, I will still eat/drink/play and have my freedom. If I am right and make money, I will eat/drink/play more and still have my freedom! Technically to me its a no brainer to invest into KEGS with a market cap of ~$1 million while FIXED ASSETS are very close to $5 million. Fixed Assets do not include business goodwill!
$16 million in debt, yes. Almost $14 million of that debt hasn't converted into shares in over 10 years. Those note holders have agreed not to convert into shares until Market Cap of KEGS reaches $100 million. They have lived up to their tentative agreement so far (as of 12-31-2023).
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
It's not a failed business model.
The insiders and promoters enrichment scheme has been very successful so far, and these parties intend to keep it that way as long as possible.
It proves that KEGS has the inability to actually file properly! If they have the ability then once again this proves they do not care about the Common Shareholders!
PRS are useless ONLY Because the MARKET is not buying into them. When the company releases them they are hoping they will increase PPS and it has been proven over and over again it has not and will not therefore this why you are now a bagholder and trying to spin an RS as if it is a good thing!!
Reverse Splits happen because they the company do not have the means to continue operating the way they should therefore once again proving the company is heading in the wrong Direction!
KEGS is a complete Failure! Patients ask those who have been waiting since the conception of this PUBLIC TRADED COMPANY!! to be patient and those who have lost money while being patient with a Failed Business Model such as KEGS with NO LEGS.
KEGS does not have to file Financial Reports with the SEC to be able to trade. KEGS is OTC "Alternative Reporting Standard" and KEGS is current with their obligations to be able to be traded.
The Reverse Split has been addressed on the Annual Report:
PP - hold that 30 and watch your L2!! $$
Good morning (KEGS-Land & Team)........🤑😎.....Go (KEGS & Team)
The CEO thinks their commons are too stupid to realize this! if one has been around long enough it is evident that an RS is the death nail for those who are already invested in the stock! This company has done RS before with the same promises and look where it is today! Great POST. Facts hurt those who are in denial of their investment. KEGS is a complete and utter FAILURE for TRUE LONGS!!
How this will work out IMO
1 for 1000 at current price = .10 (ten cents per share post R/S)
Post Split there will be regular PR’s all positive for about 6 months. Even while those PR’s are coming out…Within 3 weeks after the split the price will fall/drop by 50% to .05 or lower.
The price will then run to .20 or .30
Then……All the big hoopla is over. The price will begin to slowly retrace back to sub penny land. I’ve seen many go all the way back to Tripp’s. That’s how it goes down here in Trippville. So, for those who say they are buying more right now that’s fine but save some powder for the post-split pull back before the blitz. – It Will Happen. Then maybe if you’re lucky you can get a 3 bagger out of your money.
ERRR WRONG Price is 0.0001 and sometimes even Quad5. The CEO has FILED an RS! THE PRS have done nothing for the PPS or the longs! So yeah I am the one who is not telling the TRUTH. The FACT is the company has failed their commons and they do not care if they did they would have addressed the RS which they have not cause they do not CARE! Don't blame me for the failures of the company and who they have managing this 0.0001 stock. Also they can't even file proper SEC FILINGS! OOOOOOPS sorry it is just the facts about KEGS!
16 Million in debt going to have to sell a lot of beer while the brewing industry is in decline! RS COMING = BLOODBATH FOR LONGS
Going to be a "bloodbath" once the RS Hits. Longs continue to lose with KEGS! KEGS HAS BROKEN LEGS!
Thanks. Glad I only have 1 million shares here. Now if I can just sell it. LOL
Uh huh. Promotion is business for this clown show scam.
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:
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.
"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.
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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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