Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Brewbilt has a clear Level2 to above .005. BRBL
NEWS
BrewBilt Brewing Finalizes Contract Negotiations to Move Forward With $130M Revenue Partnership
GRASS VALLEY, CA, Feb. 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL), announces that after several months of negotiations, the Company has finalized specific terms and conditions to proceed with a contract that will bring BrewBilt Brewing’s craft beers to premier entertainment venues across the country.
Chairman and CEO Jef Lewis stated, “Our strategic partnership will result in development of BrewBilt-powered craft beer breweries throughout the US, starting in California and Florida. This is a partnership that will bring revenue to our craft beer production, as well as to BrewBilt Manufacturing. There are 40 sites projected that would generate $130M in revenue along with continued revenue in commercial craft beer production.”
BrewBilt Brewing Company has very good ratings on the popular craft beer rating site Untappd.com.
Follow us on Twitter (@BrewBiltBrewing) and Instagram (@BrewBilt_Brewing)
ABOUT BREWBILT BREWING COMPANY: (http://www.brewbiltbrewing.com)
Located in the Sierra Foothills of Northern California, BrewBilt Brewing Company produces its own line of premium craft beers. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc., an iconic company that has been handcrafting custom breweries and fermentation systems since 2014. BrewBilt Brewing's production staff consists of industry veterans who use high quality brewing equipment and ingredients to deliver outstanding craft beer to California and beyond.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Company's ability to effectively execute its business plans; unforeseen construction delays; the Company's need for additional capital; changes in general economic and financial market conditions; changes in the competitive environment; litigation; losses, customer bankruptcy, claims and assessments; and regulatory or legislative requirements affecting the Company's business. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.
Contact:
Jef Lewis, CEO
BrewBilt Brewing Company
(530) 802-0036
Info@BrewBiltBrewing.com
Source: BrewBilt Brewing Company
BRBL has a new contract coming to BRBL
NEWS
BrewBilt Brewing Finalizes Contract Negotiations to Move Forward With $130M Revenue Partnership
GRASS VALLEY, CA, Feb. 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL), announces that after several months of negotiations, the Company has finalized specific terms and conditions to proceed with a contract that will bring BrewBilt Brewing’s craft beers to premier entertainment venues across the country.
Chairman and CEO Jef Lewis stated, “Our strategic partnership will result in the development of BrewBilt-powered craft beer breweries throughout the US, starting in California and Florida. This is a partnership that will bring revenue to our craft beer production, as well as to BrewBilt Manufacturing. There are 40 sites projected that would generate $130M in revenue along with continued revenue in commercial craft beer production.”
BrewBilt Brewing Company has very good ratings on the popular craft beer rating site Untappd.com.
Follow us on Twitter (@BrewBiltBrewing) and Instagram (@BrewBilt_Brewing)
ABOUT BREWBILT BREWING COMPANY: (http://www.brewbiltbrewing.com)
Located in the Sierra Foothills of Northern California, BrewBilt Brewing Company produces its own line of premium craft beers. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc., an iconic company that has been handcrafting custom breweries and fermentation systems since 2014. BrewBilt Brewing's production staff consists of industry veterans who use high quality brewing equipment and ingredients to deliver outstanding craft beer to California and beyond.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Company's ability to effectively execute its business plans; unforeseen construction delays; the Company's need for additional capital; changes in general economic and financial market conditions; changes in the competitive environment; litigation; losses, customer bankruptcy, claims and assessments; and regulatory or legislative requirements affecting the Company's business. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.
Contact:
Jef Lewis, CEO
BrewBilt Brewing Company
(530) 802-0036
Info@BrewBiltBrewing.com
Source: BrewBilt Brewing Company
Brewbilt Brewing is growing BRBL
NEWS
BrewBilt Brewing Finalizes Contract Negotiations to Move Forward With $130M Revenue Partnership
GRASS VALLEY, CA, Feb. 02, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL), announces that after several months of negotiations, the Company has finalized specific terms and conditions to proceed with a contract that will bring BrewBilt Brewing’s craft beers to premier entertainment venues across the country.
Chairman and CEO Jef Lewis stated, “Our strategic partnership will result in development of BrewBilt-powered craft beer breweries throughout the US, starting in California and Florida. This is a partnership that will bring revenue to our craft beer production, as well as to BrewBilt Manufacturing. There are 40 sites projected that would generate $130M in revenue along with continued revenue in commercial craft beer production.”
BrewBilt Brewing Company has very good ratings on the popular craft beer rating site Untappd.com.
Follow us on Twitter (@BrewBiltBrewing) and Instagram (@BrewBilt_Brewing)
ABOUT BREWBILT BREWING COMPANY: (http://www.brewbiltbrewing.com)
Located in the Sierra Foothills of Northern California, BrewBilt Brewing Company produces its own line of premium craft beers. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc., an iconic company that has been handcrafting custom breweries and fermentation systems since 2014. BrewBilt Brewing's production staff consists of industry veterans who use high quality brewing equipment and ingredients to deliver outstanding craft beer to California and beyond.
FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements. Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management's views as of any subsequent date. The forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Company's ability to effectively execute its business plans; unforeseen construction delays; the Company's need for additional capital; changes in general economic and financial market conditions; changes in the competitive environment; litigation; losses, customer bankruptcy, claims and assessments; and regulatory or legislative requirements affecting the Company's business. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.
Contact:
Jef Lewis, CEO
BrewBilt Brewing Company
(530) 802-0036
Info@BrewBiltBrewing.com
Source: BrewBilt Brewing Company
I still like what I see here! Even though today's news wasn't that exciting, it's the long-term view I've got in mind. Here's why.
In the past, BRBL did a huge amount of funding of their business via convertible notes, which was really detrimental to the shareholders. But it was the Equity Purchase Agreement with the Mast Hill Fund early last year that caught my attention. If you read through that filing, that fund can purchase millions of dollars worth of shares, which yes, is dilution, but not like the extreme dilution of a convertible note, so I see it as a slightly better form of financing until they have more cash to work with via growing beer revenues.
The 8-k filing shows these details...
"On January 25, 2022, BrewBilt Brewing Company (the “Company”), entered into an Equity Purchase Agreement (the “Purchase Agreement”) with Mast Hill Fund, L.P. (“Mast Hill”). Pursuant to the Purchase Agreement, Mast Hill has agreed to purchase from the Company, from time to time upon delivery by the Company to Mast Hill of “Put Notices,” and subject to the other terms and conditions set forth in the Purchase Agreement, up to an aggregate of $5,000,000 of the Company’s common stock. The purchase price of the shares of common stock purchased under the Purchase Agreement will be equal to 90% of the “Market Price” as defined in the Purchase Agreement. Each purchase under the Purchase Agreement shall be in a minimum amount of $25,000 and a maximum amount equal to the lesser of (i) $500,000 and (ii) 200% of the average daily trading value of the common stock over the seven trading days preceding the delivery of the applicable Put Notice."
"“Market Price” shall mean the average of the two (2) lowest volume weighted average prices of the Company’s Common Stock on the Principal Market during the Valuation Period, in each case as reported by Quotestream or other reputable source designated by the Investor."
“Valuation Period” shall mean the period of seven (7) Trading Days immediately following the Clearing Date associated with the applicable Put Notice during which the Purchase Price of the Common Stock is valued. The Valuation Period shall begin on the first Trading Day following the Clearing Date.
“Clearing Date” shall be the date on which the Investor receives the Put Shares in its brokerage account.
“Put Notice” shall mean a written notice, substantially in the form of Exhibit A hereto, to Investor setting forth the Put Shares which the Company intends to require Investor to purchase pursuant to the terms of this Agreement.
“Put Shares” shall mean all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.
_________________________________________________________
Here's the link to the filing so you can interpret it yourself. It gets tricky, so the best I can figure out is that Mast Hill Fund could have been buying shares at $0.00018, which is 90% of the "Market Price", which the lowest recent price was $0.0002. So yes, it is dilution, as we have seen recently, but it's on the company's terms, and not when some convertible debt holder wants to drive it into the ground which usually becomes either a conversion rate of $0.0005 or $0.0006.
But if shareholders can drive the price up from here, then the funding takes place at a higher price. Fortunately, accumulation of shares has been positive lately so there is some upward pressure. Even now, they would likely have to buy shares at $0.00027, since the recent lows were $0.0003.
Here's a link to the 8-k that includes the Equity Purchase Agreement.
8-K with Equity Purchase Agreement
For me, the bottom line, and JUST MY OPINION; NOT INVESTMENT ADVICE, is that I like how BRBL continues to spend their money to grow the company. It's been over a year now since the site plan was submitted for the 70,000 Phase II brewery. That costs a lot of money to hire all the people to create the design and submit the filings.
Same with the Taproom in progress in Nevada City. Lots of fees and costs associated with the city and the architect, plus the lease agreement, etc. They need cash to grow and I like the way they spend it.
Longer term, maybe in another year or two, I still think we see another small reverse split (strictly for uplisting and certainly not for toxic notes; maybe 20 to 1, or 50 to 1, only), but by then I believe the signs will be on the wall that BrewBilt Brewing will be establishing itself as a force to be reckoned with, not just as a brewer but as a bonafide large scale beer manufacturer. I doubt that even 1% of all microbreweries can make that kind of leap, but with the ability of their sister company to provide equipment for their new brewery and/or all of the potential franchise locations via that expected $130 million deal, I'm confident the company is on track to scale to hundreds of million of dollars in annual revenue. That's not a guarantee; that's just my opinion and feeling!
Plus, we could still see a franchise agreement drop at any time.
If you want to become a huge business, you have to spend tons of money along the way. As the company grows the revenues and the stock price, additional equity agreements can take place at much higher prices. I'm gambling that BrewBilt Brewing will become a nationwide-known microbrewery franchise in the not-too-distant future, kinda like the early days of a startup fast-food franchise. It's high risk, but that's what I like, as it could bring sweet rewards!
$BRBL will be beautiful! Beautiful consolidation and big $130 mil deal in play along with uplisting/dividends.
Love,
Bunny
I loaded 0003s heavily. My only trip play currently. Lots of potential
Yes, they are growing quickly, as they expected. That's because management isn't using some distant cousin to do their sales. They hired an experienced sale professional with 20 years of experience in the industry to drive sales. People like that have decades of connections that allow them to quickly grow sales.
Even back in October, BRBL said they already had 200 customers. Even if each bar, tavern, restaurant, grocery store location only ordered $500 worth of product each month (a couple of kegs and a dozen cases of beer), that's $100,000 in monthly revenue right there. That in itself would be about 9x the amount of revenue compared to Q3 of last year.
But it's the margins on the Nevada City Taproom, when it opens, that should give them extra cash to really grow, without requiring convertible notes. Plus, of course, who knows how big the $130 million microbrewery deal will become over time...maybe many hundreds of millions worth of revenue. My guess is that they need to secure their unlimited beer production license in advance before that portion of the business can begin to scale.
In the time being, I'll bet the company shows substantial sales revenue for Q4, especially since they have the grocery store accounts already!
The BRBL stock might be sleeping for now, which is fine with me, as I'm still slow-loading what I can. I'm sure I'll add another million shares this week.
Absolutely! Look how quickly they're expanding and going into retailers too!
This is my favorite trips right now. I like the potential. $BRBL
I always like when startup companies place an emphasis on sales. Last year, BRBL hired a top-notch leader to head up sales. Tonight, I see a job opening for a Sales Account Manager in the Sacramento area.
BrewBilt - Sales Account Manager position
$BRBL nice bid - looking for ask slaps soon
Plus, even if BRBL took on a lot more convertible notes last quarter, there's typically a 12 month time restriction before those notes can be converted anyway.
Now imagine this, what if 20 friends of insiders could all scoop up just 50 million shares each at $0.0003, for a cost of just $15,000 each because they knew a big deal was coming? And if they knew a big deal was indeed coming down the pipeline that could run this to silver or copper, at just 5 cents, a $15,000 investment would turn into $2,500,000! That would be quite the incentive to invest $15,000 each.
Of course, since they can't just scoop up all those shares at once without spiking the price, they have to buy them over a longer period of time, getting them from existing shareholders who give up along the way.
Plus, even since the panic flush-out about 2 weeks ago, there have been approximately 450 million shares accumulated. As such, I'm trying to accumulate whatever I can as well until they're ready to let this puppy run!
Just my opinion; not investment advice!
Ouch! Just took a short-term $1,000 hit on my reverse merger play via a short attack. Every time I had a $100 profit there, I was taking it and loading more here. So far, I've only been able to add 150,000 shares here today with cash.
The reason I can't seem to break free from this play is that if you looked at the 3rd quarter filing, you'll see that most of the convertible notes that converted last year, to the tune of $800+ thousand, all converted at an average of 15 cents, so those didn't had a ton of shares to the OS.
Now the question is, what about the remaining notes? Even though many of those notes should be able to convert at $0.0001 right now, even if you were to take the outstanding balance of notes payable, net of discount, as of 9/30/2022, which was $657,455, and converted them all at $0.0001, that would only be 6.574 billion shares to be converted.
So why the heck would they increase the AS to 30 billion? Doesn't make sense unless they added a boatload of new notes last quarter, but that wouldn't be in line with how much debt they've been taking on.
Or, perhaps they're trying to scare as many shares out of the hands of existing shareholders so friends of insiders can scoop up as many as possible before the $130 million deal details are revealed? Something doesn't add up. I'm gambling hard that it's a scare tactic so that's why I continue to load.
Just remember, it's just my opinion, not investment advice. I like super-high-risk plays that have the potential to make huge gains. I play them like options, meaning I don't have to invest a lot of money to make huge gains. And if I'm wrong, I don't lose a ton of money as well.
Still, I like how the company always makes forward progress in their growth, even if it's been to the detriment of shareholders over the past 7 years. I'm just hoping this $130 million deal will be the ticket to finally reverse the trend.
Let's watch and see
What stock is that
My reverse merger play is on the move again. So I couldn't resist and bought back all of my beer stock that I sold yesterday, plus some!
Here's one link to help find out what's going on with BrewBilt.
BrewBilt via TheUnion.com
3 weeks tomorrow since we've heard a thing about the $130 million deal. That's feeling a little too long to me. If they had finalized negotiations like they said, they should be able to tell us the name of the hospitality company, when and where the microbreweries will be built, how much goes to BBRW versus BRBL, etc.
I don't want to believe that they're just running a long-term delay scam so they can continue to convert notes, but given their track record, I'm wondering if maybe they're just going to turn this into a many month delay. If we hear some BS like they're going to build just 1 or 2 microbreweries per year for the next 20 years, that would feel quite misleading. When they speak of 40 microbreweries, starting in California and Florida, I was thinking maybe 5 or 10 per state, per year, giving them substantial revenue to get off the convertible note train. So far, it's not looking so good.
With today's AS and OS raise, I sold 800,000 shares.
Might want to come do some DD, ASAP, over at GDV$, where I have some shares. You'll see what a chart looks like when a legit reverse merger play is in play, along with the new CEO of the private company that cancelled 89.5% of the OS. And the private company is a Cisco partner. It's a rare beast. BRBL, on the other hand, is one of my super-high-risk plays.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171218106
not sure if this helps but here it is.
downdraft
Member Level
Re: None
Friday, February 17, 2023 5:42:25 PM
Post#
69054
of 69072
Sweet! The Nevada City taproom has probably been approved as you can surmise by this Mention on the Facebook page by the Nevada Chamber of Commerce.. Also check out the Reels section as it's gets updated reasonably often.
BrewBilt Taproom Looks Likely Now! - Nevada City Chamber of Commerce
Come on guy. Jeff is involved here. How he gets the volume I can’t figure out how people buy into these things.
I noticed the Free trading went up by 500 or so million but they didnt reveal float
Awful lot of shares on bid and ask for a relatively small float......
Somebody has been quietly accumulating looks like by the chart
Buying slowed deal must be on back burner.....
What is a normal Volume day?
Is the news out on the new contract yet?
Why is this trading at .00025?
Is this a sister company to Brewbilt Mfg?
$BRBL Entered just now!
$130 mil deal is big and was missed by the market. Glad to add here.
https://twitter.com/TradesBunny/status/1628045908544831489?t=0eCSgbSChGdCke_64pW5eA&s=19
Love,
Bunny
Showing .0003x.0004 this morning.....something up?
Here's an updated view with 3 pictures at the meeting this week.
BrewBilt - Nevada City
I don't use facebook is there another way to see the info?
Sweet! The Nevada City taproom has probably been approved as you can surmise by this Mention on the Facebook page by the Nevada Chamber of Commerce.. Also check out the Reels section as it's gets updated reasonably often.
BrewBilt Taproom Looks Likely Now! - Nevada City Chamber of Commerce
I'm not giving up yet on the BrewBilt Brewing beast. I know it's a very high-risk gamble here because of their history of convertible notes and reverse splits. But the company continues to march forward. In the past couple of years they stated in press releases that they would transition to a brewery, and they did. The also mentioned they would hire someone to head up sales, and hire someone to be a head brewer as well, which they did.
Looks like the head brewer formulated all of the beers that we've seen recently, and the director of sales, or whatever his title, is bound to be signing up new accounts weekly, as that's what good sales professionals are able to do. Revenue must be growing as has been alluded to in earlier press releases. It was only in late October that they started selling to grocery stores. Maybe we'll see a 10-K filing as early as tomorrow, or at least this month.
Besides just the grocery stores, there are a ton of bars and restaurants in California. A good salesperson can land lots of new accounts for kegs of beer, or cases, in those locations.
Even though microbreweries are now a dime a dozen around the U.S., BrewBilt Brewing has a monster-size advantage via their sister company, BrewBilt Manufacturing, allowing them to scale their brewery operations much quicker and easier than other microbreweries that want to scale up to a large-sized brewery. I have no doubt they will try and move forward with the 70,000 square foot brewery, as funding permits.
From the last quarterly filing, BRBL also showed that they leased a building in Nevada City, NV, for a tap room as well. With the lease in place, my guess is that will be up and running by the summer.
The remaining convertible notes make me nervous no doubt, but it just seems logical that we're mere days or weeks away from getting substantial news about the 40 microbrewery partnership. BRBL has quite a good track record of eventually reaching their business operation goals so I think BrewBilt will come through yet. My gamble is that this deal goes through, leading to conventional debt financing and a huge run, and then maybe well into the future they'll have to do one small reverse split to get the stock to a higher exchange, but certainly not to take on more toxic debt. I welcome those kind of reverse splits.
Plus, as many of you know well, unrestricted shares remain quite low!
Just my opinion; not investment advice.
Selling big in one big transaction like this will not attract new buyers! That's reason I leave here for a big lost! No way I will make money with this action!
|
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |