Replies to post #216271 on 1812 Brewing Company Inc (KEGS)

[Snakebite5920]

BC they own HCKI, up over 5,000%!

[Caddy Man]

SEVA owns HCKI which below stated today that they are getting out of Chapter 11. HCKI is up 7000% so far.

Hackett's Stores, Inc. Subsidiary Looking to Emerge From Chapter 11 Protection Soon
Retailer Continues to Bring on New Vendors --- Achieves Year Over Year Sales Growth for January

SACKETS HARBOR, N.Y., Jan 28, 2010 (GlobeNewswire via COMTEX) -- Hackett's Stores, Inc. (Pink Sheets:HCKI) is pleased to announce that subsidiary Patrick Hackett Hardware Company continues to stabilize, and recently has seen an increase in vendors and growth in sales and cash flows.

Herbert Becker, President of Patrick Hackett Hardware Company, stated, "We have made great progress over the past few months in regard to reestablishing ourselves and remerchandising our stores. During this period vendor confidence in our operations has increased dramatically, and we have seen the return of key vendors as Columbia, Lee Jeans, Woolrich and Adidas, among others. We also expanded our merchandise offerings through the addition vendors such as Hasbro, Panasonic, Samsung, and Point Zero."

Mr. Becker continued, "Of course, there's no cookie-cutter approach to a businesses emerging from Chapter 11, but over the past several months we have cut costs, realigned stores, improved our merchandising and marketing and added new vendors. We have strengthened our buying department and made changes to store-level management." Mr. Becker added, "These efforts seem to be paying off as Hackett's is enjoying the best January it has in three years in terms of sales. With these changes in place, we are now ready to focus on becoming a fiscally strong retail department store in upstate New York, which should hopefully position Patrick Hackett Hardware Company for emergence from Chapter 11."