1812 Brewing Company Inc (KEGS)

[rpt]

I think these
latest CD's were used to make that late payment that was due to Wells Fargo.

At least the timing is right.............................

o Prepare revised monthly projections for the 3 rd and 4 th quarter 2008 (subject to WFBC review)
o PROVIDE $860,000 OF CAPITAL BY October 31, 2008, as follows:
§ $200,000 by August 31, 2008,
§ $150,000 by September 15, 2008,
§ $150,000 by September 30, 2008,
§ $360,000 by OCTOBER 31, 2008.
o Pay $20,000 fee.

To date as far as I know the only CD that has been paid in full here has been that old Cornell CD that came with the shell.
The majority of the CD's aren't even due yet.