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THall

04/06/24 10:50 AM

#242985 RE: rbtree #242982

The articles of incorporation have been amended to show a 1:1000 reverse split. It also specifically states the A/S will remain 20 billion shares. The CEO's intent is obvious he plans to dilute the stock right back to .0001 and NO BID after the R/S

BoscoLives21

04/06/24 12:23 PM

#242998 RE: rbtree #242982

Undoubtedly the #1 risk here is the reverse, and the A/S remaining for now at 20 billion shares is deeply concerning. Two considerations — first, that in the minority of cases reverse splits actually work out and increase market cap, and second, that with outperforming beer sales, the need to finance with debt or equity would be diminished or eliminated. Clearly a long shot, but one with a compelling story, and hence the chance of success.
$KEGS
Bullish
Bullish