BrewBilt Brewing Co (BRBL)

[SmackwaterJack]

okwife, kudos for asking some good questions. Not sure who you spoke with at SIML, but I'm amazed at how candid he was with you about just how bogus the $30M revenue number is. The product he was referring to is SyncPal, which, according to SIML's PR is supposed to be undergoing "beta testing" by a key customer. In all likelihood, it will do what it's supposed to do, but even if it does, it doesn't stand a snowball's chance in hell of producing $30M in revenue. There are a couple of reasons for this:

1. There are products that are available from other more reputable manufacturers that perform the same function as SyncPal. And they have been available for many, many months.

2. SIML's PR claims that there are 10,000 potential customers for SyncPal. At a net sales price of $3K each, in order to generate $30M in revenue, SIML would have to sell one unit to every potential customer - just like the SIML guy told you on the phone. I'm not aware of any other relatively unknown company with a johnny-come-lately product that has been able to achieve 100% market share right out of the gate.

Past performance is a good indicator of future potential, and if you look at the past performance of SIML/RJM&A/Grid, the future doesn't look very bright.