1812 Brewing Company Inc (KEGS)

[THE--EAGLE]

From June PR

"June 25 - Seaway Capital, Inc. today announced it has executed amended definitive agreements to acquire GS Carbon Corp. (OTCBB:GSCR) from its controlling shareholder, GreenShift Corporation. The transaction is effective June 30th.

Seaway Capital, a growth equity and leveraged buyout company, has agreed to assume up to $1.2 million in GSCR's legacy debt, and GreenShift shall retain its current assets by transferring GS Carbon's current investments, intellectual properties and R&D operating subsidiaries to GS CleanTech Corporation (OTCBB:GSCT)."

And in August 8K:

"A subsidiary of GS Carbon that was spun-off from GS Carbon in 2006 issued debt instruments in the principal amount of $498,074 several years ago. We recently were presented with evidence that GS Carbon may be liable for payment of the debts. Management is actively
investigating the facts and circumstances with respect to the debts, and is not able to determine at this time if GS Carbon has liability for the debts."

It is 498k NOT 345k, my bad. this brings us to 1.7m debt in total. It is clear actually. but still doesnt explain where did that 540m shares go.

As for 7m cash and assets, I remember it from somewhere but I cannot find it now. I will try to find when I time and post it.