Replies to post #194441 on 1812 Brewing Company Inc (KEGS)

[Faucet]

Hmmmmmmm what?

How the heck do I know?

If you had preferred shares, would you convert in the basement?

Think logically, not emotionally.

[az_maverick]

Jim, filings show 9,000 converted only..

First number represents Original Amount, second number represent Current Amount....


Series C Preferred (1)
1,458,236
1,449,236

Series D Preferred (2)
1,050,000
1,050,000

Series E Preferred (3)
100,000
100,000


“A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.”
Winston Churchill

[travel489]

Yep, everyone loves a conspiracy therory and it is no different here.

Let me suggest that those preferred shares were converted and the proceeds sent to me as a way of giving me back some of my investment. Or, perhaps you'd like to think the proceeds were sent to me so I could buy more shares. Or, perhaps you'd like to believe they were used for any other sinister reason that you can imagine...I am sure the possibilities are endless.

However, imo, at the end of the day Faucet is correct....it just doesn't matter under any scenario that you come up with.