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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.
I disagree with your view of “normal”. The number of shares traded was 144, not 14,400.
Totally normal before a split. And the paint job at .00005 was once again for a whopping 14,400 shares, or 72 cents.
$$$KEGS$$$
Volume: 1,039,644
Day Range: 0.00005 - 0.0001
SAYS IT ALL OUCH!
KEGS is unable to file proper financials, they don't have the means or they just don't care about their commons enough to do so either way this is not a Good Solid Company Practice! The company public traded stock is at 0.0001 and below this is not a Good Solid Company. The Company is about to go through an RS this is not a practice of a Good Solid Company. The CEO does not reach out to investors this is not a Good Solid Company. The company has 16 Million Debt in a declining Brewery industry this is not a Good Solid Company!
A Good Solid Company would have a Good Solid PPS, Would Not be going through another RS and would have brought VALUE TO THEIR LONGS! Would it not? We both know the answer to this by elimination then one must conclude after years of being public KEGS is NOT a GOOD SOLID COMPANY to invest in.
That’s a preposterously negative picture you paint. Good solid company. Do your own DD!!
$KEGS
They are scandalous people to the core.
Sounds just like their PRS "Will" "Perhaps" "Maybe" Could Happen!! A company like this should truly be a private company and not take hard working peoples money if they cannot keep up financials with the SEC keep the stock from going below 0.0001 doing reverse splits Taking Peoples Money with PRS that do nothing is an awful way to make a living!!
Anyone can enjoy 1812’s venues as well as their beer and ale. Post-split, with the venues achieving profitability and beverage sales increasing, the company will fully establish itself as a regional player in the craft brewing market.
$KEGS
Bullshit. The existing restaurant loses money every single quarter. Yet Tom pays himself well, courtesy of the penny stock marks he fleeces.
Yeah sounds real good on paper and press releases but does not equate to anything or the price would not be 0.0001 with this low volume and an rs about to roll over long time shareholders! once again the more this is posted the more it is evident that the company released prs while all along knowing they were going to file an rs to entrap SHAREHOLDERS/and unsuspecting new bag holders! pretty simple!
Maggie’s on the River and Sackets Harbor Brew Pub, now 1812 on the River and 1812 on the Lake respectively alone would more than justify the current market cap of just over $1 million. Add the brewery in Watertown and vacant lot — that’s four wholly owned properties, insulating $KEGS from the rising rents which have spelled disaster for rival craft brewers. As the field continues to consolidate, $KEGS’ competitive advantages position it to not only survive but thrive going forward.
Just a cursory glance at 1812’s over a dozen beers and ales, available online in 45 states, D.C. and Canada lets the objective observer know, clearly, the company is for real and growing steadily, with increasingly enthusiastic public support.
As they’d say on Dragnet,
“JUST THE FACTS, M’AM!”
$$$KEGS$$$
Yet to be proven! Until they file with the SEC and until they actual improve revenue and pay off debt and bring REAL VALUE TO THEIR COMMONS, it is all pure speculation! Which KEGS has yet to do! That is a FACT.
Any and all suggestions that $KEGS is not a solid growing company are 100% false. The 1812 Brewing Co. now owns two signature destination venues, its own brewery and a bare lot for expansion. Beer and ale distribution is increasing steadily. Do your own DD!!
https://www.nasdaq.com/market-activity/stocks/kegs/press-releases
$$$KEGS$$$
LOL
JACKSON L. MORRIS
Attorney at Law
Admitted in Florida and Georgia
Admitted in Florida and Georgia
126 21st Avenue SE ? St. Petersburg, Florida 33705
Telephone (813) 892-5969 ? Fax 800-310-1695
email: jackson.morris@rule144solution.com ? jackson.morris@verizon.net
www.Rule144Solution.com
April 23, 2024
OTC Markets Group, Inc.
2nd Floor
304 Hudson Street
New York, NY 10013
Re: 1812 Brewing Company Inc.
Trading symbol: KEGS
Ladies and Gentlemen:
I have been engaged as special counsel to 1812 Brewing Company, Inc., a Florida
corporation with its executive office at 981 Waterman Drive, Watertown, NY 13601
("Issuer"), to provide this letter with respect to the information ("Information") publicly
disclosed by the Issuer and published through the OTC Disclosure & News Service,
including all information published at http://www.otcmarkets.com/stock/KEGS/profile
and related pages. The Issuer's common stock ("Securities") is quoted on Pink Open
Market and is traded in the over-the-counter market. Please be advised that OTC
Markets Group is entitled to rely on this letter in determining whether the Issuer has
made adequate current information publicly available within the meaning of Rule
144(c)(2) under the Securities Act of 1933 ("Securities Act") and Rule 15c2-11 under
the Securities Exchange Act of 1934 ("Exchange Act"). It should be noted that neither
Rule 144(c)(2) or Rule 15c2-11 define or provide a standard for public availability of
information. In using this term, I refer to any information which is available to the public
from any source, including information which requires payment of a fee to a public
official. In particular, neither Rule requires publication of information on or through the
OTC Disclosure & News Service.
The Information covered by this opinion includes and is limited to information under the
Issuer’s control on the “Company Profile” tab and the items of information indexed on
the “Disclosure” tab, as follows:
Information Item* Period End Date Publish Date
Annual Report - 1812 Brewing Company - 12 Months Ended
December 31, 2023
December 31, 2023 April 18, 2024
*This opinion does not express any opinion with respect to accounting or financial matters and is limited
to inclusion of financial statements required by Rule 15c2-11.
I am a citizen and resident of the United States of America. I have assisted the Issuer
with preparation of the Annual Report and expect to provide from time-to-time legal
services to the Issuer in the areas of corporate, business transactions and securities
law. I am licensed to practice law in Florida and Georgia. The subject matter of this
letter covers the jurisdiction of the State of Florida (the Issuer's state of incorporation)
and the laws of the United States of America.
https://www.otcmarkets.com/otcapi/company/financial-report/398460/content
BEWARE DESPERATION AT AN ALL TIME HIGH to try to convince the MARKET that KEGS is a SOLID COMPANY! It is NOT.
This company does not file Financials that are verifiable with the SEC. This company has a PPS at 0.0001 or below! The company uses forward looking statements to cover their antics. This company releases PR after PR with SUPPOSED GOOD NEWS to try to move the needle it FAILED it sits at 0.0001 and NOBODY bought in due to the PRS. Those who did buy in are now facing an RS and after the announcement the VOLUME has FLAT LINED! ALL FACTS and NOT SPECULATION!! SORRY BUT IT IS THE TRUTH! OUCH!.
Give KEGS more TIME MORE TIME is all I hear and yet KEGS has been a PUBLIC company for many years and it still sits at 0.0001 as long as they can fool people in believing the next hype they will get new bagholders but the market has wised up it appears on this little ticker! Volume drying up and it still sits at 0.0001
Anytime it says they should generate could generate they are very much up in the air. Revenue is speculative and the prs did nothing for shareholder value! That is a fact. They knew they would release press releases and then pull the RS. Once again if the Market believed in KEGS it would not be sitting at 0.0001 with dried up volume and someone desperately trying to make KEGS sound better than what it is... it is a company that has a lot of debt and speculation galore and no concern whatsoever for their shareholders! and you are just one of many.
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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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