1812 Brewing Company Inc (KEGS)

[VivaLasVegas]

Cornell should have been done Converting (NOT SELLING SHARES) Shares when O/S went from 186M to 450 Million, and then the Series C shares converted for Wisebuys accounted for the additional 274 Million, to get us to the current Outstanding Share total of 724 Million.

I believe the O/S shares are complete or basically complete at this point.

I also expect a smaller Buyback at these levels say around 24 Million shares to get us to a flat 700 Million shares, BUT IF THAT NEVER COMES, I really don't mind. But it will once again show good faith.


Those opinions/beliefs of mine lead me to the following statement:

RedSox, you're WRONG I believe saying that CORNELL was due only 40 million shares.

MOST OF THEIR CONVERSIONS WERE DONE SUBPENNY and then as it rose initially.

Cornell / Debt Holders were due approximately 264,000,000 shares per calculations done not only by myself, but others on this board. That's what took us from 186M shares to 450M shares outstanding.

I hope we hear it officially in the 10Q filing which is due Mid-November.

AN ADDED DESIRE: I would love to hear that Cornell is NO LONGER A SHAREHOLDER. That they've liquidated their vast converted holdings of SWVC and that this has been nicely absorbed by the Street.

Obviously these are my own opinions. Others will have differing views. I suggest everyone do their own study/due diligence and then base their investing solely on thier own homework.

Comments welcome. No liars please.

Viva