1812 Brewing Company Inc (KEGS)

[Adam16]

“It should be noted that neither debt holder has converted into common stock in over ten years, nor have they indicated an immediate desire to do so regardless of price."

Finally, Mr. Scozzafava concluded, "it is not in the Company's current best interest to issue additional shares at today's share prices and market value. Ideally, the Company will reserve any issuances for mainly acquisitions and do so at valuations that are well above today's.”

https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Addresses-Outstanding-Convertible-Debentures?id=385470