InvestorsHub Logo
icon url

RMS555

06/11/24 10:07 AM

#245500 RE: rbtree #245495

You don't know much about KEGS..... the "huge debt" you are talking about has not been converted in over 10 years and there is a tentative agreement for that debt not to be converted until KEGS market cap reaches $100 million. Those 2 note holders are living up to the agreement so far.

Therefore, I have had subsequent discussions with each of the debt holders, and they have tentatively agreed to continue to waive any accruing interest as well as to abstain from any conversions until the market value of the Company exceeds $100 million. It should be noted that neither debt holder has converted into common stock in over ten years, nor have they indicated an immediate desire to do so regardless of price.

(bold emphasis mine) https://www.otcmarkets.com/stock/KEGS/news/1812-Brewing-Company-Addresses-Outstanding-Convertible-Debentures?id=385470

In the meantime; I will let time tell the truth for the shareholders of KEGS! Buckle up buttercup

Lets Go KEGS! News This Week!

https://www.otcmarkets.com/stock/KEGS/news
https://www.otcmarkets.com/stock/KEGS/disclosure
Bullish
Bullish