1812 Brewing Company Inc (KEGS)

[Capital Gains]

GS Carbon

per Atlas on 7 August 2007

O/S 336,192,955



per SEC filing 23 July 2007

Between July 3, 2007 and July 20, 2007, Highgate converted aggregate of
approximately $527,850 of the 10% Secured Convertible Debentures that have
converted or in the process of converting into an aggregate of 182,526,132
shares of our common stock at an average price of $.00276 per share. As a result
of such conversions, the Company currently will have an estimated aggregate of
368,626,011 shares of common stock issued and outstanding.


You guys can fault me for not standing fast...not towing the line...and not being a civil and obedient follower...but when things stop adding up properly AND my stock price is going down yeah I have a tendency to increase my skepticism.

Lots of people can claim they know what is going on and claim they are confident about the future but noone knows what the future lies. So don't knock me for questioning today!!! I'm not questioning a month from now or a year from now...but I can see and am living in today and it's unexplainable.

I have my opinion and others have theirs.