KEGS will also aggressively pursue restructuring the Notes of KEGS’ two largest convertible note holders. Management is committed to eliminating these Notes. As stated previously, KEGS is seeking a major acquisition or series of acquisitions. To help accomplish this, KEGS engaged Tully & Holland, a highly regarded Mergers and Acquisitions investment bank specializing in advising consumer products companies such as breweries.
KEGS has also begun early-stage discussions with a number of breweries – both small and large – for potential acquisition and/or investment. Management hopes to consummate a transaction in the coming weeks. That could be huge news for the stock.
1812 Brewing Co. Inc. (OTC US:KEGS) Chairman and CEO, Tom Scozzafava, continued on to state, “Our desire is to up-list KEGS to NASDAQ. The most likely scenario under which this would happen is through the acquisition of a significantly larger microbrewery and a simultaneous NASDAQ up-listing. We will aggressively pursue this strategy.”
Nasdaq is a great goal >> how do they do it with the $5 min they would need to get the shares structure to 100m or less float no? Prob be some sort of merger >> I’ll settle for .02 add see what happens $KEGS
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