1812 Brewing Company Inc (KEGS)

[Sprycel]

Let me expand my thought. Lets make the assumption the legacy debt holder is owe another $60,000.00. That will convert to 60 million additional shares. At the current market price of .008 the profit per share is .007 or a total profit of $420,000.00. That is the maximum profit based on todays current price of .008. If the share price continues to deteriorate due to the introduction of these shares their profits continue to deteriorate. Now if Tom was successful at negotiating a cash and equity position settlement of say, $20,000 cash and 20 million shares and announces the debt is now paid off and dilution will stop immediately, the price will turn quickly and lets just say goes to .03! The 20 million shares are now worth $60,000.00 and they have gotten and additional $20,000.00. When they will sell those 20 million shares is anyones guess. If it goes to .05, those 20 million shares are now worth a staggering $1 million for taking an early buy out. Without the deal, we continue to see these types of days, legacy owner makes a few thousand and we will have to continue to wait patiently until it is finished. We shall see if the legacy debt holder see's the same potential and makes a deal with Tom!