Replies to post #127661 on 1812 Brewing Company Inc (KEGS)

[Sprycel]

Absolutely, they could. We just have to wait it out and quit bitching about it! It is coming to an end that is for sure. When? Based on the current conversion schedule we will have about another 2 - 4 weeks unless they come in at the end and do one big conversion. They have the ability to get about 45 million in each conversion! Maybe they do a few 20 million and then one big one and hang onto those! That gives them about 45 million shares to sell into the run! Who knows right now! I have the patients because when the turn happens, you won't be able to buy large blocks anymore, so I am going to hold onto what I got!

[Palmer032]

Actually they can convert up to 4.9% so around 45 million and hold them. So they could literally be done in the next couple of days with that possibility since I think we have added 50 million shares recently.

If they were smart they would do this and then sell into the PR stating that they are done converting!