Replies to post #194108 on 1812 Brewing Company Inc (KEGS)

[~ TRT ~]

Brillant !


There is a plan ... IMO


All posts are only my opinion and are not buy or sell recommendation.

[EasyWay]

I think you're on to something here. The selling stops at least till 8/25 and the PPS is allowed to trade on its own. Those paying attention realize that buying .0004 is likely to be an incredible trade between now and 8/25. It is to Tom's advantage for this to be trading at .005 or better by 8/25. That is more than a 10 bagger.

I'm just sayin'...

[GEO928]

plamer....not true....if the PPS goes up, they make more $$$$ on the conversion.....but, the number of conversion shares does not go down.....the conversion basis is fixed unless the PPS falls below the conversion rate...(the conversion rate is actually the loan "cost basis")....

the reason they always get more shares is because junk stocks like SWVC do not go up and stay up.....between the effects of short selling for CD conversion and the crappy financials of losing companies, 99.5% of the time, the trading trend is down, down, down.....

[travel489]

Agree, now you are getting closer to what is really going on here.

[Faucet]

Nice post....

[Faucet]

Imagine the no 1:5 scenario....

just an AS increase to 50 billion instead, no RS

YA and others could convert down here all day long with room to spare approx 28b - and the pps will remain in the basement

with the RS the pps will need to stay at or around the post split price in order for there to be enough capacity in the 10b for the CDs to convert

very good sign I would say ....TS has a plan

oh, and I don't buy the argument of some that he will be raisng the AS again if the pps drops post split - he has already made it clear that some of the 10b is for acquisition in any event

heck, that's if the RS even happens

buying more today

[TJG]

Palmer, I agree 100% and after the emotion of the RS announcement had run its coarse it was time to ask why.

What DD is all about is trying to understand why company's do the things they do. This move required the reading of the SEC filings concerning the CD's and the requirements behind them.

In a short version, YA states that the AS must be able to handle the conversion or Seaway is in default. As of Friday of last week the talk here and on other boards was the the OS had reached the AS...most just assumed the dumping was done when we reached that number. We have since found out that is not true.

I am convinced that the announcement of the RS and addition of the AS numbers is simply the requirement of the CD conversion language. I am also convinced after seeing how the stock held its position yesterday that we will never see "this" RS...we may see one down the road to help us move on to the next phase, which will be a big board home, but not this one.....

There certainly is a lot of evidence from the past few months that says I am nuts....but then again its my money and I chose to leave it right here and take my chances...Good Luck to all.