1812 Brewing Company Inc (KEGS)

[tigerpac]

IMO, what a lot of wasted effort on both sides for a trip 1 stock. The stock is simply a vehicle to occasionally raise money thru S-1 offerings. Where the money goes it anybody’s guess at this time but it certainly does nothing help the stock.

As a general rule, any company that has Hicks involvement (either currently or previously) is one to stay away from given his track record. He is not there for price appreciation but rather to convert his loans into an inordinate amount of shares and the price goes lower and lower. This wouldn’t be his game plan if he wasn’t making a boatload of money doing so. In the ten years I have followed Hicks companies, 99.9% of them wind up in this situation. And the same silly arguments between board posters ensue for years.

Don’t know much about Scozzafava but his public company track record isn’t a world beater. Anybody who converts all their common shares into a Preferred Note months before a S-1 filing certainly knows that common shares will be diluted in the future. It’s a lot easier to look after yourself when you own Preferred. It seems shareholders are last in the totem pole here, no matter if there is a successful business or not.

Good luck to everyone. Nothing will change here because of egos.