1812 Brewing Company Inc (KEGS)

[ezxccsc]

RPT maybe we should change the beginning which reads

Tom got the O/S down to 186 million to combat what he knew would be coming.
Originally there were issued and outstanding 78,250 shares of Series B Preferred Stock and 421,577,063 shares of Common Stock. Tom S. owned 322 million common stock which he converted to preferred B stock (final 100k shares) which reduced the common share count to 186 million shares at the time of conversion

to

Tom got the O/S down to 186 million to combat what he knew would be coming and to protect his shares from loosing significant value during the dilution that was coming while enabling himself to quadruple his shares when converted with the CEO friendly clause attached to the preferred"s..
Originally there were issued and outstanding 78,250 shares of Series B Preferred Stock and 421,577,063 shares of Common Stock. Tom S. owned 322 million common stock which he converted to preferred B stock (final 100k shares) which reduced the common share count to 186 million shares at the time of conversion