1812 Brewing Company Inc (KEGS)

[~ TRT ~]

That's all I needed to hear.... CORNOIL almost done on Sept 30th.. and we are Nov 14th....

CORNOIL effect will be minimal if any...

Posted by: az_maverick
In reply to: None
Date:11/14/2007 5:20:48 PM
Post #of 95024

NOT TOO SHABBY!!!


At September 30,
2007, the convertible debenture balance was $150,000 after Highgate converted
their entire convertible debenture balance of $1,062,329 plus accrued interest
of $141,716 into 393,870,483 shares of the Company's common stock (See Note 7).
At September 30, 2007, the derivative liability on the Cornell debt calculated
using the Black-Scholes model was $162,101.