1812 Brewing Company Inc (KEGS)

[Adam16]

From PR today:

"Finally," Mr. Scozzafava concluded, "as it relates to other matters related to KEGS public marketplace, as always, we keep our eyes on per share value and its impact on adjustments management may make as a result of that value. Simply speaking, if KEGS share price appreciates the necessity of five billion shares of authorized stock diminishes. Hypothetically, for the Company to raise $10 million at $1.00 per share takes only an issuance of 10 million shares and so on and so forth. I can assure you we are keenly aware of where KEGS share price is and where we hope it is in the future so that such structural adjustments can be made."