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I know that...you know that...but others? If the company can expand enough the CEO should be able to handle the debt I would think. Who knows. Oh well.
In conclusion, let's see what the CEO does to handle that $14 mil, shall we.
I take back what I said about this CEO. I really don't know enough about him to say he wouldn't do a RS. I will say I find it odd that a reverse split is coming up now and I wonder why??? Revenues and sales can't be proven without an audit so I guess we are leaving that topic alone...hopefully we are because there are no thorough financials that are up to date to speak of that we can actually sink our teeth into. I know that the company's debt has been mentioned but that doesn't necessarily mean that a reverse split would be needed to handle it. The CEO probably has other ways to handle all this debt without doing a reverse split and that's just my take.
A RS hype is just to scare investors off when nothing else seems to work. I for one have bought shares here and knowing enough about this CEO he won't do a RS. This CEO values enough of what he's got and he knows beyond a doubt that a RS would be a nightmare for this company when he's trying to succeed at getting KEGS up and going as it is.
Another stock pick for Monday is UATG. No convertible debt and way undervalued with many contracts already valued at $52 mil total and more contracts coming.
Yeah, I see your point. I thought the Market Cap was updated by the CEO to reflect the current value of the company. I didn't realize it changes on the whim to reflect the current pps. My bad.
Yeah, Alex said that he is working on bank financing with several different institutions and it does appear promising...no turn downs so that is good.
2/24/23 VIDEO CEO Alex Umbra gives latest updates for UATGROUP
I disagree there. The NEW investors are the ones who never bought the stock all those five times that a reverse split occurred and wouldn't care and would become new investors. If this reverse split I would leave and never return. Each time you have a reverse split that a new investor wasn't involved in and let alone didn't lose their money in the reverse split wouldn't care. Those investors that were involved in the reverse split would be the ones hit the hardest and THEY WOULD CARE and probably would leave. YOu would have a turnover of new investors coming in to take the place of the old investors that were involved in the previous reverse split.
Not if you look at OTC Markets. Under the Security info it shows 10,400,000 Market Cap as of yesterday. Based on that Market Cap this is way undervalued.
THe price of this stock is now far below the value where it should be which is .01 penny. Can't wait to have this company audited. If you go to OTC Markets the market cap is 10,400,000 right now and that's as of 2/23/2023.
Good for you! Keep buying them up! Wish I could do the same thing.
LOL, I'll be buying more shares anyway soon. Go ahead, keep more of it coming.
I've read all I need to read. KEGS doesn't have to do financials since this a pink sheet stock. But the fact is no one knows how much beer is being sold except for the CEO. THe problem is that beer sales seems to be known a lot on here by some people using financials that haven't been accomplished yet...that takes an audit.
I don't want to ever hear again that someone tied beer sales to financials because there are no financials. Heck, you need an audit to know about financials.
Fine then, but to say you are taking beer sales from financials is wrong as well. There are no financials to take your information from, not indepth financials anyway. No audit has been completed to get a clear financial picture. THe end result is that we are all taking a huge gamble that the CEO can put this company together and to make KEGS profitable. I'm taking a HUGE risk here but I'll take it...risk vs reward. And to say that the CEO will NEVER, EVER do an audit is outlandish to say the least, is far fetched. I don't even know whether the CEO will do an audit...good question.
And I have seen old financials on the company by Barrons and others but you can't tell anything from what they show on the company because it only goes to 2021...a LOT of things have changed since 2021. What we need clearly is an actual to goodness audit before anyone can speak decisively about financials for this company. It's only been lately since last year 2022 that the brewing company has begun making good sales as the CEO says. So the financials that other companies like Barrons is showing couldn't be relied upon as an indication how KEGS is presently doing. And to be honest with you I don't know where Barrons and the others get their financial information from since an audit has never been accomplished for KEGS yet. I guess these other companies are just taking snapshots of what KEGS is worth, etc, and a snapshot can't be relied upon because it's not a thorough observation about the company.
I don't know where in the heck you come up with revs and what the company sold without an audit being accomplished but it's all wrong until we see it in an audit as I was being told yesterday. See, it's nice to talk revenues to make your point but it's so important to have an audit done to backup what your saying and as of right now it's just not possible. What you are saying about revenues is only guessing at this point. Audits are accomplished so we can see a good picture of the financials and without one we are in the dark on the company's financials.
Sorry I couldn't answer this one yesterday but I used up my last post when you mentioned the company debt. Yeah, this type of debt occurs with company expansion. A lot of us shareholders would have preferred other ways of accumulating this debt but the CEO did what he did and nothing we can change.
You are forgetting that they do sell beer. That's something. I think that's why everyone is here investing in KEGS looking for a big payoff, am I not right??? Yeah, that's gotta be it. LOL.
Yeah, I know. My bad. I wonder why everyone is investing KEGS then??? Why is there so much attention on a company that's not doing anything???? The world may never know. LOL.
Oh wait, that's right, we are living in dreamland especially when it comes to KEGS. LOL. Well, I'm taking my risk when it comes to investing in this company, oh well. I did it before and I made money so I'll just do it again.
Again, I'll wait for the audit because even if you used $ this board would still make something out of nothing.
Someone keeps selling small number of shares to bring this down. Sick of it.
Good deal and that's what I thought. Most aren't shareholders who are buying the beer. Thank you.
These 10 people you speak of are they shareholders? I'm not out to speak against you if they are but I'm just trying to make a point for those here on this board that not everyone who buys the beer is a shareholder.
If the CEO had used $ instead of % there would still be something said just knowing how this board operates. What I really look for are audits because they don't lie.
No, no ,no that can't be said. I just told you in my previous post that we don't know the number of shareholders that KEGS has and I bet you that not all shareholders are on this board...no way. I believe that KEGS has customers..new customers at that that have bought the beer to taste the beer. If those new customers like the beer then they will come back for more and they will ALSO spread the word about the beer. This is all common sense stuff here.
I expect to add more shares around the 1st of March so hopefully for my sake no more great prs til then. Lol.
The ONLY thing that could stop KEGS from growing is if the beer sucks and then sales won't be all that great. But if KEGS can give the competition out there something to be concerned over then KEGS can prove themselves worthy of being in the market of great beers and sales will skyrocket from here. I haven't tried their beer so I don't know and I am not a beer tasting professional. Let's see what KEGS can do. But those who are beer tasting professionals have given KEGS a number of awards so that's going for KEGS right there.
Agree.
That might be the case in the short term but in the long run if the CEO keeps branching out into more markets 1812 Brewing Company will slowly increase it's household name. Time will tell how big this company gets. And I hardly think that all the beer sales are coming from shareholders only...I just don''t believe that's the case. We just don't yet comprehend the number of shareholders that KEGS has right now. And besides, if the shareholder count is that high then it's looking pretty good for KEGS and KEGS will begin to have more shareholders once the word gets out about beer sales and that KEGS is increasing it's exposure. YOu can bet that not every shareholder is on this friggin board.
This can't stay down forever with beer sales going strong into 2023.
So beer sales have been strong...things are looking up for 2023. Can't wait to see the revenue 1812 Brewing Company brings in.
What we need is a pr to hit the news wires and a good pr. Hardly no one looks at a Youtube video.
I just bought 50000 yesterday and for the time being that's the best I can do.
I just bought 50,000 more shares this morning.
Yeah well, I look for the fake stuff too but there's just some things you can't fake like websites where their beer is being sold that's NOT fake! Sorry.
What is actually taking place here is a plan to destroy this company for all it's worth. I look for proof that a company is real myself and at least the websites where you can buy the beer from tells me that the 1812 Brewing Company is real. This is going waayyy too far!
And are the websites you can buy the beer from fake too? I mean seriously. The company isn't even making money??? I think this is a huge stretch to say everything is fake. I also look for proof that a company is real but to say something is fake just because it shows the inside of a brewery and doesn't necessarily show the name of the company listed inside of the brewery is going a bit far. 1812 Brewing Company has a few websites you can buy the beer from and now I'm to believe that nothing I'm seeing is even real. That is a HUGE stretch!