Replies to post #246583 on 1812 Brewing Company Inc (KEGS)

[NYRedneck]

The net operating income is $152,662.

However I deducted the depreciation to get net income
for Q2, that money $9,692 would still be in the cash account.

[Huggy Bear]

Better read it again. They lost money last quarter. Not nearly as much, granted, but costs still exceeded revenue.

[THall]

Anyone else notice Maggie's is not listed as an asset or show any revenue generated? Also they are doing the 1:1000 Reverse Split this quarter. Hold on to your hats bag holders.

On March 14, 2024, the Company filed an amendment to its certificate of incorporation with the state of Florida for
a 1-for-1,000 stock split in an effort to increase its per share price and, with appropriate funding, to become a fullyreporting (or “1934 Act compliant”) issuer. The Company intends to pursue the consummation of stock split with
FINRA sometime in the 3rd quarter of 2024.