Replies to post #231593 on 1812 Brewing Company Inc (KEGS)

[crazy horse 0]

1812 Brewing Company has presented a potential acquisition candidate an Indication of Interest ("IOI") letter, which has led to in-person meetings with top management at the target. We expect these meetings to occur in the following weeks, and we seek to derive from them a binding Letter of Intent ("LOI"). This acquisition - if transacted - would be potentially transformational for 1812 Brewing Company in that it would allow the Company to show "proof of concept" with our brewery network strategy. The deal is contingent upon final terms and financing.

https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Shareholder-Update?id=387872

Rumor is acquisitions are about to close.