Replies to post #161888 on 1812 Brewing Company Inc (KEGS)

[Howyadoing]

"a buyback by retiring common with a conversion from preferred makes much more sense"
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Boy ! , that sounds easy ! lol
Care to exsplain your theory?
He can't just retire commons into Preferreds without buying them on the open market and if he personally is doing so then there would have to be a filing
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"Good thing those commons have been accumulated by a 3rd party for some time and the agrifuels cash will come in handy."
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Again , care to prove what you are saying or at least state it as a WAG!
To my knowledge , there is no proof that Tom will ever part with his personal cash that he has recieved from Agrifuels or the 2.5 million that he got from selliing his SWVC Class C Preferred Shares that he got for selling his half of the Wisebuys deal.

Other than time and effort , just how much money has Tom actually put into SWVC ?
None , that I know of.

He has taken plenty of money out of SWVC though,
1) A half a years salary of $260,000.
2) 2.5 million from unloading his Wisebuys Class C Preferreds
3) Removed the date restriction on the B's and changed the letter to E , so that he can continue to dilute past Dec. 31 , 2008 with no loss to his 80% ownership rights.

These are facts , that are in the filings !