1812 Brewing Company Inc (KEGS)

[tommy boy]

Someone smarter than me help me out on this one. Did anyone ever figure out which loan SWVC paid off as part of the agreement of the Hackett's merger? Quote from note 9 10QSB:

In addition as part of the closing the Company repaid in full a loan of approximately $494,000. This transaction closed on November 7, 2007.

I may be hoping for a CD pay-off, that would be too good to be true, but its the only loan that I can think of that still existed on November 7, 2007.


It could be this, we know the highgate portion was paid off and these were all CD's:

On July 1, 2007, Seaway Capital, Inc. acquired GreenShift's entire controlling stake in GS Carbon Corporation in return for the assumption of $498,074 legacy debt and $1,117,719 Highgate debt.