You are mistaken; PR's aren't released to increase PPS, PR's are released to show progress being made. KEGS has only released 2 PR's this year!!!!! KEGS PR's this year have came to fruition. KEGS has LEGS, KEGS is Growing!
If KEGS was a failure you would see "tax liens" on the properties KEGS owns for not paying taxes. If KEGS was a failure they wouldn't of been able to purchase a new restaurant for around $1.4 million, now named 1812 on the River!
I personally just bought KEGS this year, and will continue to add as many shares as I can afford at this price. I am accepting the risk after doing proper Due Diligence. If I am wrong and lose money, I will still eat/drink/play and have my freedom. If I am right and make money, I will eat/drink/play more and still have my freedom! Technically to me its a no brainer to invest into KEGS with a market cap of ~$1 million while FIXED ASSETS are very close to $5 million. Fixed Assets do not include business goodwill!
$16 million in debt, yes. Almost $14 million of that debt hasn't converted into shares in over 10 years. Those note holders have agreed not to convert into shares until Market Cap of KEGS reaches $100 million. They have lived up to their tentative agreement so far (as of 12-31-2023).
In the meantime; I will let time tell the truth for the shareholders of KEGS!
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