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VeronicaFox

04/08/24 6:18 PM

#243114 RE: digger1955 #243109

The majority cannot be on both sides. For instance, Do you believe KEGS has “massive shorting” occurring by myself, DJ Ponder, Huggy Bear, Thall, and Rbtree? If so, can you prove it?
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BoscoLives21

04/08/24 6:25 PM

#243118 RE: digger1955 #243109

Exactly!! Now there’s some Truth! You might want to make a note of it, Veronica. .0001 Lotto right here — Huge Risk/ Huge Potential (since we don’t know the Future) Reward!
$KEGS
Bullish
Bullish
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rbtree

04/08/24 6:34 PM

#243125 RE: digger1955 #243109

KEGS has nearly zero if not zero chance of "making it" All a prospective investor needs to do is peruse a few of the filings, going back to at least 2008.

The dilution has been egregious, and with the impending reverse split, it and the previous two combine to this ungodly number: 1:1,000,000,000

That's trillion, and it is real.

The CEO has a history of running companies into the ground, typical of many a pinkie CEO, while profiting handsomely.

Sure, it has some operations, but, even if the new restaurant comes into the fold, what will the revenues and losses look like? One would think that a brewery that allegedly has wide distribution, and two bars/restaurants, could eventually bring in lots more than $750k per year... Will that happen? With the massive red ink and huge convertible debt, plus the impending reverse split ( kiss of death), I doubt that KEGS will ever be capable of achieving any real success.