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It actually does refute the supposed "good news" the news has been released and the Market has not bought into it. You know why? Because investors have been duped before by FLUFF pieces over and over again. Let me ask you if the news is so good why is the PPS still at 0.0001? Also do you know why people short stock? Because they make a judgment call on past history of a company, their financials and they come to the conclusion that shorting is worth the risk! So for example this ticker has been open to the public for many years and continues to fail at bringing any real value to their STOCK/NOT THEIR PROPERTIES but their STOCK for Shareholders. So WHY IS THE PPS at 0.0001 with all this GREAT NEWS? I wait for a response!
If they were not fluff then the pps would not be at 0.0001 with very limited volume. The Market Knows they are Fluff and have seen release after release with KEGS and the Market has spoken! They do not believe the FLUFF prs. Has the CEO Addressed the Shareholders Yet about the RS?
Pretty Clear on Press Releases. Wording is important! Would Provide Could Provide Means Nothing. Then the Safe Harbor due to the inability of actually coming through for shareholders.
1812 Brewing Company Receives Final Funding Approval for the Purchase of the Business and Assets of Maggie’s on The River
Press Release | 02/07/2024
-- Acquisition would provide 1812 Brewing Company with approximately $2 million of annual incremental revenue and access to the greater Watertown/Fort Drum population of approximately 117,600 people to promote its brands
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Do you have proof they bought Maggies!? Show me this... because the only thing I see is Executive Agreement. Press Releases mean absolutely nothing in the OTC. Forward looking statements could be might be! You know what is important? You got it PPS and not doing Reverse Splits which at this moment KEGS has failed miserably with!
Repeating the same information does not contribute to PPS Value. and ASSETS VS STOCK ASSESSMENT look it up.
For Example
KEGS has verifiable assets, 3 properties in New York and soon to be 4 properties in New York. - These are Assets yet they do not translate to the ACTUAL PPS.
KEGS beer is available to purchase in Canada. There are a lot of beer available in Canada does not translate to PPS.
KEGS 1812 beer has won multiple awards - My cousin has won many little leauge awards in tball he still sucks! Does not mean anything for the PPS.
KEGS has purchased a new restaurant in Watertown, NY named Maggies on the River. Show me the paper work cause this is a Company Executes Definitive Agreement
KEGS has a restaurant in Sackets Harbor, NY - Many Restaurants in NY Does not equate to PPS.
KEGS has its own brewery & bottling processing facility in Watertown that is 13,000 square feet (different than the restaurant) - Still has not equated to the PPS.
KEGS has addressed the $13.7 million in debt and the note holders have tentatively agreed not to convert until market cap reaches $100 million - LOL 13.7 Million in debt for a brewing company OUCH.
None of these things equate to PPS. Show me where they purchased Maggies on the RIVER even so does not mean it will be a success. I will wait.
Perhaps a lot of people trying to average down! Which is never good for a company or a long term investor. After the RS some will most likely take a loss by whacking the bid.
CAUTION BEWARE *** PLEASE READ INFORMATIVE POST BY VERONICAFOX HUGGY BEAR THALL(BALLS) CAUTION BEWARE ****** PLEASE READ INFORMATIVE POST BY VERONICAFOX HUGGY BEAR THALL(BALLS) ***CAUTION BEWARE REVERSE SPLIT COMING ***** LISTEN TO VERONICAFOX HUGGY BEAR AND THALLBALLS
Kegs was on watch but once I seen the Character of the CEO Filing an RS/and not even releasing a statement to shareholders as to why, made me see that the company has a history of reverse splits and creating a lot of fluff without substance with the birdy and press releases. Pretty Sad if one is a True Long. The company has made to many promises over the years and have done way to many rs's to be taken seriously now. The Market is waking up to tickers like KEGS now hence the PPS/and Volume.
So as of right now you have no documents to prove what you are stating?
Show me a document of sales increasing that does not have a forward looking statement nor is it released by the company as a "press release"...
Assets vs Stock Value.
Commons have not benefited from either as of this date.
So Commons have not benefited that is correct.
KEGS is NOT an up and coming ticker in the Market. As far as Brewing goes, check out the latest stats on how the Brewery Industry is actually in decline.
KEGS has not provided any substantial gains over the years for Commons, and the Trend continues and will continue due to the RS/The CEO/The Company in general. They do not care about their shareholders after another RS and not even addressing it with their commons.
All the Supposed good news does not matter the Market is not buying into it.
So it looks like you can stop cheer-leading so much and face the facts/reality KEGS overall has screwed over their common shareholders!
Let me put it very simply. Do you believe after all these years up to this date/day that KEGS is a successful company? and Commons have benefited from this company? Yes or No? Be Honest.
KEGS has no identity if so the PPS should be higher. How long has this company been selling shares to the public? What is the PPS? Why has the company not been able to bring value to their shareholders? Answer these questions and then you can have a serious talk about this company! Also the company does not truly file with the SEC now do they? Why is this? I will wait on a coherent response!
It is not about speculation as to why it has not happen yet! Ask yourself why the CEO has not addressed it. A CEO and Company Should very well keep their investors informed. It is evident through out the years this company and CEO has NOT done this! The PPS tells you all that you need to know about what type of company this is and what type of individuals are running such a company. The Lack of Communication after filing an RS is disrespectful and proves without a doubt the company is heading in the wrong direction.
Reverse Splits
A reverse stock split tends to occur with small companies that believe their stock price is too low to attract investors.
Newly created TICKER SYMBOL! LOL !! so it has been years since the IPO and some reason the CEO and the company cannot just seem to get it right for LONGS! they screwed you over! The company releases a letter for an RS and still no word. That gives longs a real sense about what the company/ceo is about.
If they cared they would have addressed it.
How long has this company been PUBLIC? How Many RS have they had/done? Why is the price at 0.0001 after such RS's did they help? Nope!! Why are they scheduling another RS when it is obvious after the other RS's the price came back down to this level? Not everyone bought in at 0.0001 and will be able to avg down! So therefore the CEO/Company screwed over Longs! Pretty simple, before you state about assets buying this or revenue will be that is nothing more than forward looking statements might be's! could be's! . Right now the fact is the Value of the Shares of this company are 0.0001 with an RS coming. It is a shame to be honest the CEO/Company has not even addressed their shareholder on the matter!
Glad to have this one on watch and not buy in! That is why it is important to watch and observe these little tickers! Most CEOS think about themselves before their COMMONS. a 1:1000 is ridiculous and takes away any hope for true Longs.
OUCH KEGS really screwed their longs here!
Keeping on Watch for Next Week! GTCH on WATCH.
Something feels a bit fishy with the RS IMO! Wondering if it will even go through time will tell I guess!! KEGS ON WATCH!
Oh So you are just doing it out of the goodness of your heart as well? So you don't own shares, you are not short, your not working with or for someone and you are not making the Market! And yet you post day in and day out just because you are a good person! Sure. We both know you have an agenda and you are a liar! PSRU ON WATCH.
And you are concerned about this ticker because? Let me guess you don't own any stock in this company you are just here to WARN adults how to spend their money? Sure I will wait for your lying response! Why are you here? PSRU ON WATCH.
So since your not short/nor owning shares why does it matter if one can or can't short a stock? Also this stock has NOT always been at 0.0001 now has it? HHHMMMM? Also have you heard of Cellar Boxing? PSRU ON WATCH.
A lot of these boards seem to have a lot of people claiming not to be shareholders for some reason working 24/7 lately extra hard! PSRU ON WATCH.
LOL Your still lying! Tell me why you care about this little ticker if you don't own shares? PSRU ON WATCH.
A LOT of CARING NON Shareholders on this board! LOL!! Hilarious! PSRU ON WATCH. we are just here bbbbecauuuss because we care about you! The excuses get dumber every year!
So just out of the goodness of your heart LOL! Sure Liar. You have an agenda! We both know this! Lets me know you are bothered by what is about to HAPPEN with this ticker! Good Luck! PSRU ON Watch.
A lot of interest on this little TICKER! OH BOY! PSRU ON WATCH!
YUUUUUUUUUUUUUUP! PSRU ON WATCH.
PSRU ON WATCH. A lot of Concern over a ticker that is sitting at these ranges! Perhaps lift off soon! PSRU ON WATCH.
So yo do not own shares so what is it that you are doing here? Why concern yourself over this ticker? You are not short and not an MM trying to make Market?
Do you own shares of this ticker?
Appears MM/SHORTS/The MARKET in General are struggling. Something is happening in the OTC? Very interesting times indeed! PSRU ON WATCH.
MM's struggling on this one? GTCH ON WATCH.
A Lot of Games seem to be played down in Florida!! AYE!! KEGS ON WATCH. Might do some digging to see what truly is going on with "FLORIDA"
The CEO should release something to his shareholders! The RS/Paper work looks a little sketchy, hard to read. If the CEO Cares AT ALL he should release a statement to his shareholders! if not then those who are stating negative comments about the CEO are more in line with how he runs this company! KEGS ON WATCH.
The entire EM Market is dead IMO. CEO's took their money and ran! from Retail. I had this one on Watch but looks like you are right! PYCT ON WATCH.
Has the CEO said anything to retail/shareholders about the RS. If not why? Does he not care about his commons? KEGS ON WATCH - anyone who trades in the otc knows an RS is a killer for retail.