Replies to post #157310 on 1812 Brewing Company Inc (KEGS)

[az_maverick]

This is cool..just keep posting the same answer to the same questions being asked...

And I think you know they don't just "pull" a note if one of the covenants is not met....tsk, tsk with the scare tactic.

Posted by: az_maverick
In reply to: ezxccsc who wrote msg# 151145
Date:3/28/2008 8:08:04 AM
Post #of 156875

I think everything has been disclosed in the most recent filings. Even the loan covenant with WF showed the expected quarterly profit/loss and expected cash flow for the upcoming year.

I expect to see a small loss on the consolidated operations - much less of a figure than in past. The consolidation plan and full integration of stores is supposedly happening, and overhead is being reduced as a result. I believe they mentioned $500,000 of o/h trimmed in the first go around.

[Desperado90]

Since you know so much about 10Ks. Why would the YA $2.3M Mortgage payment deal be backdated to Nov 2007 with restricted shares and why would the Wellsfargo deal be completed in 2008?

Addition the old Legacy CD of $1.1M was paid and 150K remainder reported in the PR + old subpenny Legacy CD paid off

Thats more than $3M of Liabilities taken of the balance sheet. Not accounting for increase in 4th Quarter Sales and the acquisition

Is Tom smart or what?

Any other takers take a hit.

PS: Corrected by Homeboy Wellsfargo was completed in 2008 but announced in 2007.