1812 Brewing Company Inc (KEGS)

[DownWithPumpers]

You mean FLOORLESS WITH A CAP OF 4.9% of the Company's outstanding common stock..

With a share count of 650 million that means they could convert 31.85 million shares today and immediately sell them. The next day they could convert 4.9% of (650 million + 31.85 million) or 33.41 million shares.

Day 1 31.85 million
Day 2 33.41 million
Day 3 35.05 million
Day 4 36.76 million
Day 5 38.57 million
Day 6 40.45 million

That's the power of compounding.