Replies to post #244160 on 1812 Brewing Company Inc (KEGS)

[otcsource]

So you are comparing KEGS with CANOO?

Canoo (NASDAQ:GOEV) just engineered a 1-for-23 reverse stock split that has placed the EV upstart back in compliance with NASDAQ's $1 minimum listing requirement

[it_happens]

Yes. Reverse splits aren't inherently bad. If the company uses the higher PPS so that the company can dilute some more, that is a big problem. A reverse split can help a company get into OTCQB or NASDAQ. The main problem I see here is that volume is low. It wouldn't take much volume to gobble up those .0001 shares on the ask and get this stock moving in the right direction. $KEGS has a product and cash flow which is different than many OTC stocks. I'm hoping sales keep increasing.