1812 Brewing Company Inc (KEGS)

[tigerpac]

Here is what shareholders of reverse stock split hope to see: 1:1000 , the stock becomes 10 cents.

The actuality of what happens on Trillium companies that do R/S. The stock takes a massive dump in price in the first fees as MM’s see how many shares Trillium (and others) need to sell.

Look no further than THBD which did a 1:500 RS recently. Shareholders were stoked to reduce OS to 25 mil shares. Within 2 months, share count has grown to 125 million. AS did not change initially, stating at 50B. Then they changed it to 5B shares. OS 1:500 , AS 1:10 .

I expect a similar outcome here. The underlying business may be making some money but the stock is just a means to attract investors money with zero chance of real appreciation (other than playing the bigger fool theory). Cheapest and perhaps only way for company raise money.