Replies to post #94996 on 1812 Brewing Company Inc (KEGS)

[Tadaaa]

So Far Good Reading, Frankly...Awesome...:-)

[bornlong]

This means the one time 20M share conversion is done, yes?

[Diamond77]

I agree, moving forward we are!

[~ TRT ~]

That's all I needed to hear.... CORNOIL almost done on Sept 30th.. and we are Nov 14th....

CORNOIL effect will be minimal if any...

Posted by: az_maverick
In reply to: None
Date:11/14/2007 5:20:48 PM
Post #of 95024

NOT TOO SHABBY!!!


At September 30,
2007, the convertible debenture balance was $150,000 after Highgate converted
their entire convertible debenture balance of $1,062,329 plus accrued interest
of $141,716 into 393,870,483 shares of the Company's common stock (See Note 7).
At September 30, 2007, the derivative liability on the Cornell debt calculated
using the Black-Scholes model was $162,101.