Replies to post #90095 on 1812 Brewing Company Inc (KEGS)

[bornlong]

Profit is not necessarily cash. We've never seen a Hacketts Bal Sht to know their cash position or capacity to borrow.

[Xeller8]

OH!...sorry...my bad..LOL!

That IS an interesting question...but nothing I'm going to worry about...at least not until we see the 8k and the fins.

[Jim Bishop]

You're a little confused there. "hacketts not having enough money to acquire wisebuys"

It's the other way around. Wisebuy's which is now SWVC is buying all the shares of Hacketts. Of course since the payments are spread out over 8 years, they hope to use the profits from the merged companies to pay the debt off.

[big_pop]

once again, not about having enough cash, it's about having the savy to structure a deal....