Big Rock Brewery Inc T.BR

Big Rock is projecting profitability.

[SIGG1]

VERY tight share fleet of only 7 million shares and a free fleet of only 2.3 million shares. The  9 largest shareholders own 66%.


The stock is currently undervalued with a P/B ratio of 0.43. 

Market Cap is currently 10M and they have total assets of 51M.

Here are the 9 largest shareholders.  

VN Capital Management LLC	2,006,500	28.75 %	2 M $
Estate of Edward E McNally	998,212	14.30 %	1 M $
JC Clark Ltd.	858,800	12.31 %	1 M $
James Riddell	337,214	4.832 %	409 715 $
Kathleen McNally-Leitch	245,239	3.514 %	297 965 $
Sam Galick	44,350	0.6355 %	53 885 $
Brad Goddard	5,487	0.0786 %	6 667 $
Stephen Giblin	2,453	0.0351 %	2 980 $
P. Donnell Noone	1,515	0.0217 %	1 841 $

[TheCount11]

Unprofitable brewery destroys shareholder capital and needs a fresh start.  Those "undervalued" assets service debt.  Debt holders have priority claims on unproductive assets.  Declare bankruptcy.  Wipe out debt.  Recapitalize.

[TheCount11]

PS this terrible performance has been during a 40 year craft beer run where revenues have grown by 8% a year!