How much did they pay you to promote this trash again?
Another day, another promoter listing a bunch of “achievements” that mysteriously never show up in KEGS’ actual filings. Let’s stick to the disclosures KEGS is required to file, not whatever a paid pumper dreams up.
FACT CHECK TIME:
“Profitable in 2nd, 3rd, 4th Q 2024 and 2nd Q 2025”
Funny, because KEGS’ OTC filings report continuing net losses, ongoing cash shortages, and negative working capital. If KEGS was magically profitable for four separate quarters, they forgot to tell the OTC Markets… the place where they’re required to report it.
“2 active liquor licenses”
Promoters love repeating this one as if it changes anything financially. Having a liquor license is normal for operating a bar or restaurant. It is not a sign of financial strength. And again: show it in the filings.
“Delivering beer to 45 states plus DC + Canada”
KEGS’ disclosures show no revenue that matches a national distribution footprint. Real distributors generate sales. KEGS’ filings list modest restaurant revenues and ongoing losses. National distribution should show national revenue. It doesn’t.
“1812 beer has won awards”
Awards don’t fix financial statements, revenue, or dilution.
“Addressed the $13.7M debt and noteholders agreed not to convert until $100M MC”
This is the biggest whopper in the entire promo.
KEGS’ filings still show millions in toxic notes, ongoing defaults, and no legally binding agreement preventing conversion. If such an agreement existed, KEGS is required to disclose it. They haven’t.
Verbal “tentative agreements” don’t count in securities law.
“AS will be reduced once PPS hits ___”
That’s not a commitment. That’s a carrot for bagholders. OTC companies say this every year. Authorized Shares only matter when the company actually files the amendment.
Promoters keep telling everyone “do your own DD” while they keep telling everyone what to think. Real DD starts with the filings and KEGS’ filings don’t remotely match the hype.
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