1812 Brewing Company Inc (KEGS)

[RMS555]

Interest on the $13.7 million debt has stopped accruing (as of last financial report) and those note holders have agreed not to convert until KEGS market cap reaches $100 million, we are currently at a ~$1 million market cap (as of yesterdays close).... Those two note holders are living up to the agreement!!!!!

PR on 1-5-2023:

However, it appears unlikely that this transaction will be consummated. Therefore, I have had subsequent discussions with each of the debt holders, and they have tentatively agreed to continue to waive any accruing interest as well as to abstain from any conversions until the market value of the Company exceeds $100 million. 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

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

In the meantime; I will let time tell the truth for the shareholders of KEGS! Buckle up buttercups!

Lets Go KEGS! More Good News!

https://www.otcmarkets.com/stock/KEGS/news