Replies to post #199086 on 1812 Brewing Company Inc (KEGS)

[Desperado90]

The $5M loan is backed by inventory.

Total Assets = $32.9M
Total Liability = $28.4M

Total Equity = $4.5M.

We have enough to cover payments.

If 10stores have $1.5M inventory each that = $15M

Thats $15M in inventory. At liquidation for the loan repayment @ 50% = $7.5M from inventory liquidation.

They are opening a store on the 23rd. If they are doing that bad why open a new store. The new store inventory is valued more than the market cap.

[texasjerry]

What in heavens name do people not understand about SWVC. It owes for everything it operates and everything it operates is losing money--big money. How does anything ever get paid off in this scenario? IT DOESN'T. If you are looking for some magic bullet in the form of a windfall from TS's dealings with KK you're going to be waiting till hell freezes over.