1812 Brewing Company Inc (KEGS)

[JimsZ]

Real companies that go public use shareholder money to grow, not to pay off old debts of their buddies or buy their own money losing company for $9 million over the real value! Most have "shareholder interest" in mind because they are an actual common shareholder as well & if the shares go up in value so do theirs! That's where SWVC is different, doesn't matter how much your shares are worth, those preferred C's & D's are always worth the same value, no matter how many commons they take! Oh, and those E's? Those things convert to 4 commons every for every one that gets diluted! Nice people running the company as you can see it's definately an insider job


The only "shareholder value" in Tom's mind is those preferred shares, all of which none of us will ever have anything to do with!

TS opened this holding company to help out both him & KK - THAT IS ALL... He didn't do it to become the next Warren Buffet! He took debt so Agri could do their thing - putting that debt on SWVC shareholders (you remember that?)

TS also bought out his money losing Wisebuys with a real value of negative $1.3 million for $6.4 million ($9 million over the "real value of Wisebuys)! That son, is in filings! Why? Because the SEC made him come clean with the real values - awful nice of them to do it now, after everyone here has lost their investment in this POS!


Still can't figure out why the SEC hasn't charged him with anything as it definately seems like an a CEO just taking shareholder money! Maybe they just haven't YET!