Replies to post #161749 on 1812 Brewing Company Inc (KEGS)

[winnotlose]

"The issuance of shares under our convertible debentures agreements could increase the total common shares outstanding by 81%".

Answer; The holders of the debentures could convert such debentures into approximately 807,466,375 shares


Oh my god!

[fwhomeboy]

Are you surprized ? Tom doesn't fool me anymore. I learned awhile back that he's in this for himself and his family. And, if you think about it, what Man wouldn't look out for himself and his family. We all do it. That a Mans job is to take care of his family, right. All we can do is wait and learn along the the way.

He's taking care of his family, can't blame him.

[Howyadoing]

"ks are you 100% sure thats why he did this?"
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I don't know ALL the reasons why Tom removed the Dec. 31 ,2008 restriction , but it sure looks like by removing this restriction , that it would benefit the person that held the Class E Preferreds , and since Tom is the sole owner of these shares , it look pretty obvious that he is protecting his interests from further dilution after Dec.31 ,2008