Replies to post #207381 on 1812 Brewing Company Inc (KEGS)

[Sprycel]

Well I don't know what fool organization would lend this jerk money for shares because they can't sell the shares to anyone, there is NO bid!!! All those CD owners can convert whatever they want, there is no place to sell them!!

[~ TRT ~]

So much for my dream..

Its amazing that he can still raise cash in these times...

[extra]

Exactly. The 'replaced' CD was Not due, for years...

And, 'conversion' is now almost useless , because swyv
is ~'No-Bid' , and can't even Reverse-Split for 4 months.

And, Trillions of new shares are already waiting on line
to try to convert into the float.

So, it was smart for the CD-holder to 'trade-in' for a
non-convertible loan , that Must have its Principal paid
down 25% per year [while also collecting 8% Interest].

Since it is Not convertible , it moves ahead of All of the
remaining convertibles , as far as its 'priority' for
demanding Cash Payments , ON TIME , of Interest + Principal ,
When Due. If swyv is late , the loan-holder can force swyv
into BK , and get 100% Paid-Off [by the BK Judge] , Before
ANY Other swyv Lender , except Wells-Fargo [who has claims
on All Inventory as collateral , and , better lawyers].

The only question is , who traded in their CD ? Actually ,
it was part of a CD , because there was No Previously
Existing CD for exactly $400,000.

Was it a Family-Guy [including TS] , to get paid first ?
Or a Friendly-Guy [with kickbacks to TS] ?
Or a Cornelli-type guy [with 'the Powers of persuasion'] ?
Or, did it even actually happen , Including All Signatures.

After all , we have not seen any SEC Filing confirming it.

extra , Sincerely .

P.S. ; Anyway, it's almost irrelevant to Any common 'share'
holder. They are All still ~guaranteed to get $zero before
and after sw-whatever goes BK. However, as noted above ,
it could be the first cause of the sw BK , and make it
start a little sooner than 'planned'.