1812 Brewing Company Inc (KEGS)

[dirtdealer]

Can someone give me any insight in to where the Funds for the a possibble purchase of Hackets will come from-6 million dollars?


This might of been mentioned but in the 8k this portion Upon completion of the Merger, there were 450,099,879 shares of the Company's common stock issued and outstanding. In addition, there were 1,458,236 shares of Series C Convertible Preferred Stock issued and outstanding, which
could be converted into 274,491,461 common shares at the market price of $.021/2 on October 1, 2007.


The converted of 274,491,461 give them around 6.8 million for the purchase of Hackets. Could they have been selling them for the cash needed to buy Hackets since Oct 1?