1812 Brewing Company Inc (KEGS)

[SFGiants]

As previously communicated, Seaway Valley Capital Corporation had executed stock purchase agreements between shareholders representing approximately 75% of WiseBuys Stores, Inc. However, upon further review of the legal structure of these deals, both management and the WiseBuys sellers are exploring a slight modification that would make these agreements more tax efficient to both the sellers and potentially to the Company. Under the new proposed structure, the WiseBuys transaction will be considered a stock "merger" rather than a purchase, and the Company would seek to merge 100% of WiseBuys into Seaway rather than the 75% previously announced.


this makes me think more and more that there has been a 473million shares given to Cornell....

people, STOP saying Tom needed to raise capial for Wisebuys, there was no need to raise capital...it was MERGED into Seaway Valley Capital Corporation.