Replies to post #194371 on 1812 Brewing Company Inc (KEGS)

[peewee]

I believe the pps will rise presplit because i believe that the A/S stays 2.5 bill until that date !
Thats nearly a month time for Tom to fix.

All IMO but i have my theories here, i do not believe TS took this shell to screw 4000 Investors. KK owes him something and last PR said that TS ows this to the Seaway shareholders...

Thats all what is it about...i stay tuned...




Promising Longterm Investments #board-11828
DISCLAIMER: All my posts are either fact or my opinion !

[JimsZ]

Maybe instead of giving part of that 10 billion worth of commons, maybe he should give up a few % of his "preferred E" shares for those acquisitions as we will always be diluted over & over and he is the one that benefits every time he dilutes the common shareholder!

I just can't believe how fooled some people are into thinking he's "Doing it all for the common shareholder"

[Shoreline]

Both Palmer's and your posts are intriguing!

I'll continue to hold and wait.

Shoreline

[GoodeEYE]

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


And what about the 200B shares that are potential conversions.

a 5:1 makes them 40B potential, but as they begin to dilute more the pps will drop and the potential conversion number grows.

This will NOT be the last R/S or A/S increase.

Do you enjoy seeing someone take 80% of your shares away while knowing that they will decline further in the future.

[power_forward]

"some of the 10 billion is for acquisition"--I'll go along with that--100 mil shares for acquistions, and 9.4 Billion shares for conversion/dilution!

[flaflyersfan]

Faucet, read the PRE-14C again;

http://www.sec.gov/Archives/edgar/data/884380/000129092908000063/seaway14cjul08.htm

If the PPS stayed @ .0004 forever and never decreased with all the stock that needed to be issued; 202,778,856,463 shares would be required.

SWVC is one tick away from being double that. Once the toxicity starts, it will take 10s of Billions of shares of discounted stock to satisfy the Debentures. Common shareholders will pay for it all with no return benefit.

Keep buying. SWVC is depending on it.

Good luck.