Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
You gave RMS555 and BoscoLives21 a good ole ass whoppin. I doubt RMS is feeling like much of a winner right now LMAO.
The ignore button makes this board so much better. Now I only have to read Bosco's lies and not RMS555 ramblings filled with lies on a daily basis
RMS555 and BoscoLives21 are desperate bag holders willing to do anything to con others into buying their shares. Real low life scum of the earth that will con others for personal gain.
Is RMS555 still lying and saying someone is using your account? I'm sure the dipshit is still lying about KEGS has purchased Maggie's when the deal hasn't even closed. What an asshat
I have the dumbass on ignore
Scozzafava has a proven history of screwing shareholders over. KEGS didn't get to .0001 and NO BiD because he is some kind of business guru. It got here because he is a con artist and only cares about lining his own pockets with shareholder money. Just like all the other SCAM he has been involved in KEGS filed a 1:1000 R/S so he can rinse and repeat his process and screw a new heard of sheep.
KEGS is an insider enrichment scam and nothing more. Shareholders never win with anything Scozzafava is involved in.
I put that idiot RMS555 on ignore. You should try it, makes the board much more enjoyable without all his lies.
Did you see Tom didn't have time to upload the annual financials because he was too busy with the Maggie's deal? Funny how he still found time to file a 1:1000 R/S though.
Yep the CEO can take the time to file a 1:1000 R/S but cant take the time to post the year end financials. KEGS is 100% a SCAM!!!
Shut up Poo, stop speaking on shareholders behalf. You do not represent shareholders.
Tom was too busy focusing on the Maggie's deal to upload the year end financial report but not to busy to file a 1:1000 R/S wiping every shareholder out. LMFAO gotta love a CEO that only cares about himself and not his shareholders.
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly Report could not be filed within the prescribed time period.Management has been focused on closing the acquisition of Maggie's on the River for $1.4 million, and the transaction will almost triple the size of 1812 Brewing Company. The transaction, which has been innegotiations and being structured since August 2023, was tentatively scheduled to close during the period range of April 1 to April 9th. The precise timing of the closing has been driven primarily by the financing sources, and the Company is subject to their perogative. So mgt's immediate focus has been preparing to manage the combined company post-acquisition. The acquisition is so material to the Company that this focus has been necessary to ensure the acquisition's success for shareholders of 1812 Brewing Company.
Hey RMS555 you better step up your game or Tom is going to take his shares back. LMAO you are a joke...
The company has already been destroyed. If you had any clue how to read a financial report you would know this. Why do you think its traded at .0001 and NO BiD for most of the last 10 months. lets not forget they also filed a 1:1000 R/S. I'd say this company has destroyed itself with $13.7 million in debt and never being profitable.
1:1000 R/S filed, load up Minions...
Maggie's deal is only $1.4 million. The building last sold for $1 million back in 2021. Guess the business isn't very profitable after all LMAO
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly
Report could not be filed within the prescribed time period.
Management has been focused on closing the acquisition of Maggie's on the River for $1.4 million, and the
transaction will almost triple the size of 1812 Brewing Company. The transaction, which has been in
negotiations and being structured since August 2023, was tentatively scheduled to close during the period
range of April 1 to April 9th. The precise timing of the closing has been driven primarily by the financing
sources, and the Company is subject to their perogative. So mgt's immediate focus has been preparing to
manage the combined company post-acquisition. The acquisition is so material to the Company that this focus
has been necessary to ensure the acquisition's success for shareholders of 1812 Brewing Company.
RMS555 thinks an OTC late filing is different than a NT-10k. LMMFAO what an idiot, they are exactly the same.
Good thing nobody pays attention to that lying fool
Hey dumbass, looks like after April 15 you might actually be able to say KEGS purchased Maggie's and not have to lie. That is if they can get their financing completed. Sounds like they are having issues.
Reason for Delay in Posting Financial Report: State below in reasonable detail why the Annual/Quarterly
Report could not be filed within the prescribed time period.
Management has been focused on closing the acquisition of Maggie's on the River for $1.4 million, and the
transaction will almost triple the size of 1812 Brewing Company. The transaction, which has been in
negotiations and being structured since August 2023, was tentatively scheduled to close during the period
range of April 1 to April 9th. The precise timing of the closing has been driven primarily by the financing sources, and the Company is subject to their perogative. So mgt's immediate focus has been preparing to
manage the combined company post-acquisition. The acquisition is so material to the Company that this focus
has been necessary to ensure the acquisition's success for shareholders of 1812 Brewing Company.
Now idiot RMS555 thinks KEGS doesn't file Late Filings LMAO they do it every quarter. What a dumbass.
11/13/2023 Notification of Late Filing - Notification of Late Filing
08/08/2023 Notification of Late Filing - Notification of Late Filing
05/15/2023 Notification of Late Filing - Q1 2023
THall; KEGS is not a SEC reporting company, they will not file a 10-K or a NT-10k
He is afraid to answer you Veronica. He knows his lies are no match for the truth you tell. He also knows you are 100 times smarter than him.
All he does is twist words and lie to manipulate the stock.
Like I said, you lie in almost every post so take your pick.
Its sad that you have nothing to say about the company and only want to attack others and twist their words. You are a pathetic
You don't deserve an apology from anyone. You are not a trustworthy person.
It wasn't false as I have caught you in dozens of lies over the past 3 months. But you can continue to act like a baby, that's your choice. We all know you are just afraid of her because she is 100 times smarter than you.
LOL wrong again clown. They are officially late and MUST file a NT-10k to prevent going dark
Thanks again for showing the board you are clueless and cannot be trusted
You have once again proven you are either paid to post or extremely ignorant to trading.
WHAT IS A FIDUCIARY DUTY?
Your investors will want a positive return on their investment, which requires your business to succeed financially. In providing funding, investors trust you to use their capital wisely. To avoid derailing the relationship by focusing on personal interests, it’s crucial to abide by your fiduciary duties.
A fiduciary duty is a responsibility to honor investors’ trust in your company. It’s related to how you use investments and maintain integrity in communications.
“Rather than require specific outcomes–such as achieving maximum share price–fiduciary duties are largely about conduct, process, and motivation,” says Harvard Business School Professor Nien-hê Hsieh in the online course Leadership, Ethics, and Corporate Accountability.
If you’re in the early stages of securing your startup’s funding, here are four fiduciary duties you must understand and uphold.
4 FIDUCIARY DUTIES TO INVESTORS
1. Duty of Obedience
The first duty is obedience, which encompasses adhering to corporate bylaws, superiors’ instructions, and the law.
“This duty applies not only to CEOs, board members, and others in fiduciary roles but also to employees in an organization,” Hsieh explains in Leadership, Ethics, and Corporate Accountability.
When funding your business, investors reasonably expect it to have bylaws that you and your employees uphold. This helps prevent fraud, which can be detrimental to your company's success.
The exception is when legality takes precedence over bylaws. When following a superior's instructions or a company memo necessitating illegal action, the duty of obedience demands obeying the law.
2. Duty of Information
Investors don’t just fund products; they also invest in teams and ideas. Because of this, it’s critical to avoid misleading them about your products’ success. The duty of information requires disclosing necessary information and being truthful.
“Fiduciary duties are meant to ensure that investors can trust executives so they’re willing to provide the financial capital necessary to start and grow businesses,” Hsieh says in Leadership, Ethics, and Corporate Accountability. “This, in turn, can benefit not only investors and corporations but also customers, employees, and society.”
You must uphold two duties of information:
Candor: The obligation to be open and honest with shareholders.
Confidentiality: The refusal to share confidential information when necessary.
An example of breaching this duty is greenwashing, which is misleading customers or investors about a product's environmental impact. It can be damaging to investors who prefer to fund sustainable businesses and negatively affect your reputation. Given that the majority of startups fail, you often can't afford negative press.
“For entrepreneurs, one challenge is to avoid moral disengagement and crossing the line from 'fake it till you make it' to fraud,” Hsieh says in the course, “even when there’s great pressure and temptation to do so.”
Leadership, Ethics, and Corporate Accountability | Develop a toolkit for making tough leadership decisions| Learn More
3. Duty of Loyalty
The third duty is loyalty, which requires acting in shareholders' best interests.
It requires avoiding potential conflicts of interest, which occur when you directly benefit from acting on your company’s behalf.
“As a general matter, the duty of loyalty requires a fiduciary to place the beneficiary’s interests ahead of their own," Hsieh says in Leadership, Ethics, and Corporate Accountability. “This means the fiduciary should act in a disinterested manner and refrain from engaging in any activity for personal gain at the expense of a beneficiary.”
4. Duty of Care
Careless decisions can be just as damaging as intentional fiduciary responsibility violations. The duty of care requires evaluating decisions’ potential outcomes before taking action.
“As a general matter, the duty of care requires that corporate officers and directors exercise diligence when making decisions, acting, or managing resources on behalf of the company, partners, or shareholders,” Hsieh says in Leadership, Ethics, and Corporate Accountability.
When founding and scaling a business, it's vital to understand the difference between risk and negligence. Investors understand the inherent uncertainties of funding a venture but expect you to avoid exacerbating risk through carelessness.
Similar to obedience, information, and loyalty, breaching the duty of care can pose legal challenges, depending on the degree of negligence.
THE IMPORTANCE OF AVOIDING FRAUD
Despite being detrimental to business success, fraud commonly occurs. It's estimated that corruption is found in 32 percent of small businesses and 43 percent of companies with more than 100 employees.
It can originate from leadership (for example, at Theranos and FTX) or employees (like at Wells Fargo).
Even if a company doesn't fail because of deception, the financial damages can be difficult to recover from—especially for startups. It's estimated that owner and executive fraud costs companies a median of $850,000, and businesses lose an average of five percent of total gross revenue annually because of fraudulent behavior.
Carrying out your fiduciary duties of obedience, information, loyalty, and care can go a long way toward promoting ethical behavior within your organization and preventing fraud.
Again has absolutely nothing to do with KEGS fiduciary responsibility to its shareholders. You should just stop unless you enjoy being made a fool.
A fiduciary duty is the legal responsibility to act solely in the best interest of another party. “Fiduciary” means trust, and a person with a fiduciary duty has a legal obligation to maintain that trust. For example, lawyers have a fiduciary duty to act in the best interest of their clients.
All anyone has to do is read yours or RSM555 posts if they are searching for lies. 99% of them will contain at least one lie.
Nobody is trying to stop you from buying more shares. If you are stupid enough to buy shares of KEGS knowing a 1:1000 R/S is coming then go for it. Shows just how much of a clueless clown you are.
LMAO you telling anyone to learn something is hilarious. STFU moron.
What the hell does KEGS fiduciary duty to its shareholders have to do with OTC reporting rules? Once again you prove you are dumber than a box of rocks.
A fiduciary duty is the legal responsibility to act solely in the best interest of another party. “Fiduciary” means trust, and a person with a fiduciary duty has a legal obligation to maintain that trust. For example, lawyers have a fiduciary duty to act in the best interest of their clients.
Is KEGS official late filing their annual financials now since trading wont resume till April 1st?
Like I stated. The company made no mention of purchasing Maggie's prior to the PR on January 8th 2024. Anyone trading on information from some link on the internet was either trading on insider information or the company broke reporting laws by not doing their fiduciary duty to shareholders letting them know of a material event.
So Im not interested in any more of your bullshit lies. Matter of a fact, you bring nothing but harm to this board and Im done playing your childish game.
I like how RMS555 is afraid to reply to your posts. He/She knows you wont let the lies slide. I just wish RMS and Bosco knew how much damage they are actually doing to this stock lying all the time.
You are once again lying RMS555. It's not hard to look at the history of my posting and see that statement was made prior to any company announcement. When that post was made it was 100% true since the company did not PR the purchase of Maggie's until January 8th 2024. STOP lying you look like a desperate fool.
and your most frequent lie is that KEGS has no connection to purchasing Maggies on the River, still!
Your most frequent lie is that KEGS purchased Maggie's. KEGS management is not running Maggie's, they are not collecting revenue from Maggie's. The deal has not closed so stop lying.
And another RMS555 post filled with lies. Damn you really need to seek help before you end up in the pokey,
KEGS is a scam. You guys are causing even more damage to the company by scaring potential shareholders away. Your constant lies to dupe other traders into buying this is a detractor to potential KEGS shareholders.
Wrong yet again Bosco. You are getting pretty desperate at this point. You and RMS should really stop posting. You not only look like idiots, you are damaging the companies reputation.
RMS555 has never posted facts. As for the debt there is a tentative agreement that is not legally binding. Note holders can sell whenever they want.
You really need to come up with a better line of bullshit if you want to trap more bag holders in this scam.
Sorry Janet Im not interested in your crazy BS. This is a stock message board not a self help board for mental health. Although anyone dumb enough to buy this stock should seek mental help
Whats with your infatuation with balls? What do they have to do with this POS TMSH?
You cant even paint this worthless shit green for the long weekend now. Bunch of clowns
You have been saying that for 3 months now. If you had a brain you would know the proof has already been provided. Shareholders are screwed.
I already have numerous times you are just too stupid to understand
Nothing you post is ever correct. You lie in each and every post.
Shareholders do not need you to tell them what to do. So STFU