1812 Brewing Company Inc (KEGS)

[crooked33]

FYI board my emails from Tom

nice to hear confirmed no R/S split until move to AMEX or NAS, at which time would be a + IMO



-----Original Message-----
From: Tom Scozzafava [<a href="mailto:[e-mail]" target="_blank"mailto:[e-mail]</a]
Sent: Thursday, November 15, 2007 12:43 PM
To: xxx
Subject: Re: Question

ok

xxx wrote:
> Makes perfect sense to me...I was an Econ major as well
>
> Thanks for the reponse...do you mind if I share your email with the rest
> of the world...your decision
>
> Also, if I promise not inundate you with emails, will you keep me posted
> when I ask for minor updates?
>
> Either way, thanks again for your time today - really appreciate it.
>
> xxx
>
> -----Original Message-----
> From: Tom Scozzafava [<a href="mailto:[e-mail]" target="_blank"mailto:[e-mail]</a]
> Sent: Thursday, November 15, 2007 12:32 PM
> To: xxx
> Subject: Re: Question
>
> xxx,
>
> Let me respond to that this way:
>
> (1) I do not consider a reverse split as the way to address dilution
> (... Having said that, that doesn't mean one would not be done in an
> attempt to increase PPS for something like an AMEX, NASDAQ small cap,
> etc listing for example)
>
> (2) I will seek to increase share price, which means intrinsic vale per
> share outstanding must be increasing. Despite the recent dilution, I
> feel that is definitely happening. That is, more "stuff" with value is
> going into SWVC faster than shares have been issued. .....
> Mathematically that would be expressed as follows:
>
> (Intrinsic Value) / (Shares Outstanding) = Price Per Share
>
> So to make PPS increase I can: (1) increase "IV" faster than "SO"; (2)
> decrease SO and keep IV flat, growing, or reduced at a slower rate than
> the reduction of SO, or (3) a combination of both.
>
> ALL options will be explored. If I can find a mechanism for, say,
> option (2), I certainly will evaluate that. Typically, one needs cash
> flow to do that. Right now, cash is being consumed at Hacketts/WiseBuys
>
> so they grow. That is OK because it helps "IV" .....
>
> I hope this helps.
>
> Tom
>
> xxx wrote:
>
>> Can you comment on any of my other questions or not
>>
>> Understood if the answer is not
>>
>> Would be nice to know that a) you are going to handle shares
>>
> outstanding
>
>> issue and b) it will be without a reverse split
>>
>> Cheers
>>
>> -----Original Message-----
>> From: Tom Scozzafava [<a href="mailto:[e-mail]" target="_blank"mailto:[e-mail]</a]
>> Sent: Thursday, November 15, 2007 12:13 PM
>> To: xxx
>> Subject: Re: Question
>>
>> I must have missed that. It should be increased to 100,000. I'll
>> straighten that out.
>>
>> xxx wrote:
>>
>>
>>> Let me know if that last email came through.
>>>
>>> Also, one more question: I noticed that the Preferred B for SWVC was
>>> reduced from 100,000 to 59,500 in the recent 10Q...is that a typo?
>>>
>>> Thanks again dude lol

xxx wrote:
> Just to elaborate on my previous email, when you say deal with O/S, are we talking a R/S? If you are not allowed to say much, can you at least put that rumor to bed for me?
>
> Thanks again
> xxx

-----Original Message-----
From: Tom Scozzafava [<a href="mailto:[e-mail]" target="_blank"mailto:[e-mail]</a]
Sent: Thursday, November 15, 2007 11:16 AM
To: xxx
Subject: Re: Question

xxx,
These conversion prices are ones negotiated prior to my involvement. I
have no option but to honor them. The cash I have needed to be put to
use acquiring Hacketts (That is, I didn't have enough capital to both
pay off legacy debt AND acquire Hacketts). My goal is to shore up the
balance sheets of Hacketts/WiseBuys, and then I will deal with shares
outstanding issue.
Thanks
Tom

xxx wrote:
> Tom:
>
> I read the 10Q, looks good. Thanks also for getting it out on time. I am
> sure it created much work and stress.
>
> Can I ask a question though? Why is Cornell converting at a pps of $.005
> on September 20th? The pps was much higher than that 10 days prior?
> Knowing this will help me understand and calculate future conversions.
>
> Thanks in advance
> xxx
>