1812 Brewing Company Inc (KEGS)

[Ace Magoo]

Just taking it at face value, he cashed out 2.7 million for his own pocket. $500k to get back 2.7 million and unload an unprofitable business yet still own 80% of it but not to be personally responsible for any debts is a pretty good deal, wonder how those who paid above .04 feel about it? Speculating that he is going to reinvest it back into the company at this point appears to be looking for a silver lining in a very dark cloud.