1812 Brewing Company Inc (KEGS)

[texasjerry]

Earnings and profits are not the same. The filings say Hackett's was losing large amounts of money each quarter. How long they were in business before they became a losing concern is irrelevant. It doesn't matter if you sell a billion pizzas a year for 100 years, if you start losing 50 cents a pizza for the last two years, you'll still go broke which is exactly what would have eventually happened to Hackett's if TS hadn't taken the load off of them. They will still go under--just not as soon. NUMBER ONE RULE IN BUSINESS= You have to make a profit to stay in business.