Replies to post #242654 on 1812 Brewing Company Inc (KEGS)

[BoscoLives21]

Note holders are watching the progress of the company, and are not going to convert for quite some time. Company is on the verge of achieving profitability. We’ll see in the upcoming fins.
“Tentative” essentially means “contingent” — why would note holders sell when the company is on the verge of profitability? Think about it.
Also, this is your cue to discuss the massive volume today.
$KEGS

[rbtree]

Thank you for that clarification. I skimmed the last 10-Q and wondered....

No the debt has not been deferred. There is a tentative agreement and the note holders can convert whenever they want.