Wednesday, April 24, 2024 10:25:46 AM
I would feel better about the company, if we had some filings but they are not required.
I copied the following from X. As you can see, it's not like nothing is happening at Kegs. The X post doesn't agree with your A/S number but I don't care to discuss that further.
“ The future of 1812 Brewing Company looks promising, as the company has been achieving numerous operational milestones and winning awards for its beers ¹. Here are some of the company's accomplishments ¹:
- 1812 Brewing Company has taken control of 100% of its beer production and packaging.
- The company re-launched its top-selling War of 1812 Amber Ale in bottles.
- 1812 Brewing Company reduced its authorized shares by 50% to 10 billion shares.
- War of 1812 Amber earned a Bronze Medal in the 2022 New York International Beer Competition.
- The company engaged investment bank Tully & Holland Incorporated to assist in its pursuit of investment and acquisition targets.
- 1812 Brewing Company eliminated $300,000 of Convertible Debentures by using proceeds from its fixed-price Regulation A offering.
- War of 1812 Amber Ale won a U.S. Gold Medal in the 2022 World Beer Awards and was the United States' Winner in the Amber category.
- The company commissioned a Premier Stainless 3-Vessel 30-barrel brewhouse acquired in Milwaukee, WI in 2020.
- 1812 Brewing Company introduced Thousand Islands IPA to be offered in 12-ounce bottles as well as 16-ounce cans.
- War of 1812 Amber Ale brought home a Silver Medal in the International Brewski Awards.
- The company joined the Watertown Wolves sponsorship team, which includes production of newly created Wolves Den Cream Ale.
- 1812 Brewing Company won a spot in the 2022 New York State Craft Brewers Festival - Syracuse.
- The company's beers became available direct-to-consumer e-commerce in 45 states plus Washington DC with (link unavailable) E-Commerce Agreement.
- 1812 Brewing Company commissioned a Wild Goose Filling, Ska Fabricating, and Pack Leader Canning Line operating at about 3,000 cans per hour.
- The company reduced shares outstanding by 3.4 billion shares of common stock, resulting in a year-over-year net reduction of common stock by approximately 167 million shares.
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