Replies to post #204411 on 1812 Brewing Company Inc (KEGS)

[coop2z]

That is correct. So the answer is,no, he did not award himself a billion shares.

[rpt]

Here's why so many companies
incorporate in Delaware

Our certificate of incorporation provides that members of our board of directors are protected against personal liability to the fullest extent permitted by Delaware corporate law. Delaware corporate law permits a Delaware corporation to eliminate the personal liability of its directors for monetary damages for breach of fiduciary duty, except for breaches of the duty of loyalty, acts or omissions not in good faith or involving intentional misconduct, improper payment of dividends, or transactions in which the director derived an improper personal benefit.