Replies to post #243674 on 1812 Brewing Company Inc (KEGS)

[rbtree]

Huh? I wrote this earlier today.

And yet, the o/s is almost 2.8 bn shares higher than it was at the year end.

While the revenues are still minuscule for a restaurant AND a brewery.

Did they trim their net losses? Yeah... Big whoop.

With the huge red ink AND convertible debt, the reverse split will be the kiss of death...at least for you bagholders. Not for the crooked CEO Tommy Boy

Don't forget, this is the worst kind of reverse split...the kind where the 20 bn a/s remains the same....