Replies to post #161894 on 1812 Brewing Company Inc (KEGS)

[Faucet]

please refer to my comments...

Posted by: ksbigger
In reply to: Faucet who wrote msg# 161888
Date:4/19/2008 4:42:37 PM
Post #of 161895

"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

Faucet - the co. is not accumulating the stock - when the purchase occurs it will be announced (and filed) of course

btw - NOTHING is easy - business takes a lot of work if you are serious

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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.

Faucet - that's sort of an insult to time (which is THE most precious commodity; suggest you take that one to the bank). On the WAG issue, my prediction stands.


He has taken plenty of money out of SWVC though,
1) A half a years salary of $260,000.

Faucet - I don't see why the architect shouldn't be paid for designing the building - and I have said a few times on this board, while you gotta love 'em the problem with shareholders is that they think like, well...shareholders. Are you one btw?


2) 2.5 million from unloading his Wisebuys Class C Preferreds

Faucet - which has gone where exactly? Do you understand the mission, let alone know the plans?

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.

Faucet - looks like the CEO is on the cutting edge in the OTC re building a genuinely diversified and tradeable holding company - your paradigm is out of synch. with the aims of the company.

These are facts , that are in the filings !

Faucet - good luck with your investments - and all imo