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Yes, all revenue looks great. For the next 6-7 months I just hope the taproom profits really take off, allowing the lenders from last year to earn a decent monthly paycheck on their small percentages of the net profits that they get from the taproom. If they smell money from the profits, those same lenders might also be the ones who step up and provide additional financing to get the Phase II brewery to break ground.
If we get lucky, not only will the wholesale beer sales at least double this year, but maybe the company will get just enough funding to get another taproom or restaurant opened by next spring, further accelerating their growth.
I watched how Oskar Blues and Lefthand Brewing grew into substantial breweries and Oskar Blues in particular had a nice size taproom/restaurant to really get them going. But even with their success, it still took many years before they became substantial businesses. BRBL is only 1.5 years into their brewing operation. I have complete faith that they'll scale into a larger brewery/beverage operation someday, but it does take time.
Good morning (BRBL-Land). Go (BRBL)
Not bashing cause I have 11 million shares but this 15 customers here and 15 customers there is not going to cut it....they need big time business.
The seeds have been placed and watered and fertilized. and this baby is heading in the right direction with tremendous growth. I cannot Amagine this 2nd vision coming to life.
https://brewbiltbrewing.com/wp-content/uploads/2022/04/201234-Concept-1b.pdf
BrewBilt Strong
My friend that's just the tap room, remember most of their money is coming from beer sales that will be taking off now with New distributor.
BrewBilt Strong
Imagine this summer, from May through September, during the tourist season when it's getting hot outside, especially June through August. During that time, the microbreweries come to life.
Now what if the BrewHaus only kept a steady clientele of just 14 people per hour for the 53 hours that they were open per week. This time I'll make the assumption that each person drinks 1.5 pints per beer on average during their stay. Plus, I'll assume that 1 out of 2 of them orders some food as well.
So this time I'll call it $7.50 in gross profits for the beer and maybe $2.50 in gross profits for the food, or $10 per person. Multiply that by 14 people is $140 per hour, times 53 hours per week that they're open, becomes $7,420, times 4 weeks per month, becomes $29,680 in gross profits for the month.
That would be enough to pay salaries, the monthly lease payment and electricity, with some to spare. But that's only like having 6 people inside and 8 people outside at any given time. But for a tourist town in the summer, with their corner location just down the street from a parking lot, they could get a lot more customers. Things are looking up for BrewBilt. Warm weather is only about 4 months away.
Still, I'll give them another couple of years and then they just might really slay it! Just slowing accumulating shares for now.
Looking forward to a very nice year with all that is happening, All us Longs out there best to you too
BrewBilt Strong
During the winter months, if that new outdoor enclosure just attracted one additional table of two people per hour, each day, that would be 106 total customers during the week as the BrewBilt BrewHaus is open 53 hours per week. If those 106 extra customers only spent $7 each on a pint of beer, that could be $500 plus in extra gross profits per week (assuming it only costs $2 per pint to make), or around $2000 in extra gross profits per month.
Of course if they also bought a brat or a pretzel, that would add even more gross profits. Bottom line is that taprooms have a lot of potential for quickly bringing in a lot of cash. Things should be looking even brighter during the tourist season. If those investors from last year, who get a small percentage of the taproom net profits, are encouraged by what they see, they just might step up to fund the next phase of operations. That's what I'm hoping to see.
Very cool new outdoor enclosure at the BrewHaus. Looks like seating for 14 on the south side of the patio that should keep the customers plenty warm on a frigid day.
https://www.instagram.com/p/C15VkZiSg_4/
Yep, could be a volume issue. I'll just wait.
When I look at that 12 acre site for the potential Phase II brewery, on Google Maps (199 Sutton Way, Grass Valley, CA), I always conclude that one way or another they'll end up getting that place built someday, becoming a beast of a brewery. Hopefully they can break ground this year if they get a bunch more loans from other associates. It would be fun to see another BrewHaus taproom and separate restaurant at that location. If not, maybe next year.
Since that photo on Google is over 6 months old now, that neighborhood on the far side might have some houses built by now. What a perfect location for a taproom and a restaurant for those potential new customers!
Could be because the lack of volume is also preventing them from converting. On the positive side, maybe the update is the beginning of a turn around. The ask keeps refilling and expanding though. And that needs to stop in order to secure a bid.
Good morning (BRBL-Land). Go (BRBL)
Okay, update on the number of outstanding shares today. It jumped from approximately 9.028 billion shares to 9.469 billion shares, an increase of about 441 million shares. That's far less than I had expected. If that $200,000 loan had defaulted on the 30th of December, allowing them to receive convertible shares that could convert at half of the closing price, there should have been 4 billion new outstanding shares.
So, who knows what happened. Maybe the new shares are from other convertible note or preferred shareholders. Or maybe only some of the shares were converted. Maybe the lender gave the company an extension of time or all or part of the note? No way to know what took place at this point. But we should see what happened when the quarterly filing comes out in the not-too-distant future. Still, it's better than I had foreseen.
If we get lucky, stronger revenues and profits will finally come into play this year, allowing BRBL to finally start clearing their debt in earnest. Still nibbling away at shares. If I could get another runner, I would add more shares here. I should have a runner this month on my movie stock so keeping my fingers crossed that I can get a bunch more shares here.
BrewBilt Brewing Company Annual Update
BY GlobeNewswire
— 8:00 AM ET 12/20/2023
GRASS VALLEY, CA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL) announces the annual update from CEO Bennett Buchanan.
Buchanan stated, “I am proud to announce the recent achievements and progress made by the Company. On December 7, the Company received the "2023 Business of the Year'' award from the Grass Valley Downtown Association in recognition and appreciation for business excellence and community philanthropy. On December 10, the Company opened its new taproom BrewBilt BrewHaus located in downtown Nevada City, CA. This expansion into a taproom could potentially contribute to increased sales and customer engagement. In addition, the Company has signed a distribution agreement with Mussetter Distributing, a move that can significantly impact sales and market reach. The new distribution commences on January 5, 2024.”
The financial statements for the period ending September 30, 2023, show positive results. The Company's assets increased from $1.97 million to $2.25 million, representing a 12% increase. This growth in assets could be attributed to various factors such as increased sales, successful business strategies, and new partnerships.
The Company began selling commercial craft beer on July 19, 2022, which aligns with the reported increase in sales for the current financial period. The Company reported a substantial increase in total sales for commercial craft beer, with sales reaching $320K for the nine months ending September 30, 2023, compared to $62K in the previous year. This surge in sales is likely linked to the Company's expansion in distribution and commercial retail accounts with Albertsons/Safeway and Grocery Outlet stores.
Buchanan further stated, “We anticipate further growth in assets and revenue. The expected increase is attributed to the expanded distribution network and the revenue generated from the newly opened taproom. Overall, the Company seems to be on a positive trajectory with successful business strategies, recognition, and notable financial growth. However, it's crucial for stakeholders to monitor the Company's performance and market trends to ensure sustained success.”
Follow us on Twitter (@BrewBiltBrewing) and Instagram (@BrewBilt_Brewing (BRBL))
ABOUT BREWBILT BREWING COMPANY (BRBL):
(http://www.brewbiltbrewing.com) and (http://www.brewbiltbrewhaus.com)
New account landed at a ski resort. That should bring some extra visibility. Maybe that Brain ByPass Gold Medal award this year is paying off.
https://www.facebook.com/BrewBiltBrewing/
Good morning (BRBL-Land). Go (BRBL)
Haven't been watching, been preoccupied with SPZ* SP*I is forming to be a 'MONSTER' play in the OTC, Parks is playing fast ball here... DD it, happens I believe I will load the freight liner to 79 milly, no pickup truck or dump truck can or will hold that weight... BRBL gonna do it... all IMO.
Lots of patience required for a new brewery startup that only opened up in mid 2022, especially since they didn't start out with a taproom at the outset. Sales revenue compared to their debt and growing outstanding shares is poor right now, but growing sales revenue can eventually be the more dominant reason to drive the stock higher
Which is why I can believe there will not be another R/S here he raised the A/S to a trillion, 51% ownership speaks volumes. BRBL for the win... 'IMO'
grabbed some more yesterday. All eyes are on this new deal with distributor Tap room showing profit right away, Next press release in my opinion will be a head turner and game changer for this stock, we should see a lot more interest at these levels and where we are headed for the New Year. Brewbilt Strong
A good morning it indeed is with the new distributor on board today!
If you click the photo at the top of this page, on the left, you'll see a lot more photos the taproom that have not been posted on the company's social media pages. Looks like photos from customers or from somewhere.
https://www.google.com/search?client=firefox-b-1-d&q=brewbilt+brewhaus#lpg=cid:CgIgAQ%3D%3D,ik:CAoSLEFGMVFpcE56Qm9iS21zbDl2aXJYYzV3bl9NcWFOSjh4RW5CYTROdTFEV0wy
I'm hoping we'll be good as gold here, in the long-run of course. The new distributor, which comes on board tomorrow, not only has been in the business for a very long time, but they distribute many other forms of beverages like cider, Kombucha, non-alcoholic beverages, etc. That's perfect!
Most of the forward revenue projections that I foresee in the next year or two are all based up just a half dozen beers only, with those only being distributed to northern California only, which population wise I estimate is not more than 10% of the population of the state as Sacramento county is the only real huge county that Mussetter Distributing distributes to.
With many years of distributing in northern California, the distributor must have a ton of existing accounts already in place. If BrewBilt was able to open up 250 accounts in just 1.5 years, I can't even imagine how many accounts and sales reps the distribution company must have. It's a very good sign going forward and we should see some numbers within 8-12 weeks is my guess.
Also, waiting on the OS update around mid-month to see how many shares should have been converted from the $200,000 loan that should have gone into default on the 30th of December, unless they found more funding to pay it off. Long term looks very bright to me. Just my opinion; not investment advice.
Amen Brother Amen!
It is truly a blessing to find this company and see them grow, A Long-term position for me. in no rush, just loving there moves, Just think of the phase 2 project if that comes to a real deal plan, then where do we stand
BrewBilt has no doubt built a quality brand. The BrewBilt beast will have its day someday.
does it get any better
https://www.facebook.com/PineStarBrewing/
https://twitter.com/PineStarBrewing
BrewBilt Strong
Very impressive with our sister company bbrw with this Nice contract, grabbing more of them shares too
It really is just a matter of time before we get brought out by a big company. Rome was not built in a day.
https://www.pinestarbrewing.com/pinestarbrewery
BrewBilt Strong
I have other safer plays than this one. I still like to have one very high risk play in my portfolio and I've chosen this one. I understand the risks going forward. First quarter should tell me a lot about how fast they can grow their revenues, giving me an idea about how fast they can pay off their debts. Only when I see some concrete data about how fast revenues could scale will I be able to make a much better investment decision here.
Problem with that is that they'll wipe out the current shareholders in the process. Because it won't be just.one reverse split that happens but two and possibly more. And don't be fooled by the insiders holding shares themselves. They can change the conversion rates and preferred share to common share exchange rates at any time to suit them. Or simply give themselves new shares under a different class. All they need to do is "vote" it in and file it.
Because the ask keeps getting refilled. Last I looked it was 300 million plus shares. Which could easily be taken out on news. But only if they'd stop diluting
Lots of patience required for a new brewery startup that only opened up in mid 2022, especially since they didn't start out with a taproom at the outset. Sales revenue compared to their debt and growing outstanding shares is poor right now, but growing sales revenue can eventually be the more dominant reason to drive the stock higher.
BRBL might only have $400,000+ in revenue for 2023 but with the new distributor and the new taproom, sales should start to accelerate this year and beyond, IMO. Still it doesn't happen overnight. Long-term play for me; just accumulating shares for the long haul when no one wants them. 2-3 years down the road, if they're lucky, they could have astonishing revenue. I like the price down here for now!
Here's a pic of the outside of the taproom along with the big BrewHaus sign!
https://www.instagram.com/p/C1Tswu7Oybd/
Very nice! It made me think back to February when one of the commissioner, or whoever he was, was questioning why BrewBilt needed such a big honkin' sign as he didn't think it fit the overall design in the city. Yet, BrewBilt prevailed with a big sign, 1 block away from and big parking lot and 1 block away from the Miner's Foundry that attracts large concert and special even crowds.
With the kind of traffic that Nevada City gets from around the state and country, the BrewBilt BrewHaus name will continue to grow.
Also, just over a week away from the start of the new distribution agreement with Mussetter Distributing. From the most recent press release...
"In addition, the Company has signed a distribution agreement with Mussetter Distributing, a move that can significantly impact sales and market reach. The new distribution commences on January 5, 2024.”
Just a matter of time before we take off... Grabbing a couple more very soon
Don't like how the market markers are closing the stock price down at $0.000005. That's ridiculous. With the $200,000 loan about to default on the 30th of December, unless they rob Peter to pay Paul, then the convertible preferred shares that the lender would get can convert at a much lower price as the conversion terms are at 1/2 of the closing price. So I'm watching the closing price Friday and Monday, seeing how it transpires and then watching how big the OS scales on the next update.
Merry Christmas to you as well and everyone else here as well. So far, I'm not quite up to 10 million shares and some of that I purchased at $0.0002, but if that AB$Q stock runs like I expect, I'll try to double my position here...at least. I wish I would have found that A$QQ stock at a much lower price but at $0.0006 where I started jumping in, it's out of my league to even think about trying to get tens of millions of shares. At least with $0.0001 stocks, I can accumulate a boatload of shares even though the risk is higher and I have to typically wait much longer for them to materialize, if they do materialize. But if a rare stock hits the big leagues, that's how I've see people absolutely slay it.
But you're not going to make any money with just a million shares...IMO need at LEAST 10 million shares and up.
Well you can buy 1m shares for a hundred dollars so theres not much down side
Merry Christmas to you and everyone here.
It's a pure high-risk gamble. There is no way to predict the future on this one. As I expect to gain decent profits in the short run on my ABQ$ stock (movie business with a small percent of the royalties of the upcoming Taylor Swift movie distribution in China), I'll use that money to take a much more significant risk here. Even though I like how it appears insiders and associates are collecting shares via preferred stock conversions, anything goes with these OTC stocks.
I've been in OTC stocks that looked fabulous, only to have them hit me with multiple 1:1000 reverse splits, losing everything. And I've had other stocks that looked like complete trash with massive dilution, yet fabulous BS stories made them run 100x, after I had sold out in advance of course. One company, RXMD, uplisted to Nasdaq, continues to post growing revenue in the tens of millions of dollars annually, but since they always manage to overspend, or whatever, they never can show a decent profit so the stock just sits there, year after year.
If I get the profits I expect from my other stock, I don't mind taking a significantly higher risk, even if I lose it all. I like having at least one super-high-risk stock, especially in the beverage business. I wasn't patient enough with the Celsius beverage stock (CELH). I was new to the OTC back then and sold it around $1.50, right before it started making it's long term move up the chart. I've learned to be more patient and not just chase quick-flip momentum stocks that have no real products. Though our issue is still excessive and growing dilution, the only thing I've ever seen cure that is massive revenue and profits which I hope we see in the future. It's very high risk and certainly not investment advice.
Well I hope this all works the way you say :+)
Well said. This baby is just getting traction. Grabbing shares Now to me is a no brainer.
BrewBilt Strong
Thank you. Long-term performance is what is going to make or break this company. Obviously I think time will make them very successful.
I plan on accumulating at least three-quarters of the shares I want before mid-May of 2024, when 1st quarter filings come due. That's because we will have almost a full quarter of wholesale sales baked in with the new beer distributor on board. That should give us substantial insight into how much of a difference a distributor can make in sales. We will be able to compare sales against this 4th quarter and also against the 1st quarter off 2023 to see what kind of trajectory to expect.
Mussetter Distributing only delivers to 10 counties in Calfornia, which is only 17.2% of the 58 counties in California. But population wise, it's a much smaller percentage than that. So that will give us an idea of how big sales can scale to when BrewBilt gets around to shipping beer all around the state. From my perspective, it's a just a matter of time before it happens.
http://www.mussetterdistributing.com/territories
https://www.california-demographics.com/counties_by_population
Since BrewBilt's head of sales was able to land Safeway and Grocery Outlet accounts soon after the brewery opened, I'm confident that he has the connections to get an average of at least one of BrewBilt's beers in many stores going forward. That would be no small feat considering how many microbreweries there are in California, but he has a lot of years of experience selling beer in the state.
In 2023, BrewBilt should easily have revenue over $400,000 for the year, after just 1.5 years of being in the brewing business. And I doubt they're even reaching 5% of the market in California right now. But let's say someday they scale to 100% of the California market someday, with just their limited amount of products to sell. That would be 20 times their current sales, or $8,000,000 in annual revenue could become feasible in the 2025-2026 time frame (just my guess), just by selling their current products around the state, plus taking into account the taproom sales.
So for me, and just my opinion, that's why I think slow and steady will win the race for BrewBilt. When I think about how big Sierra Nevada Brewing has become, it's not just because they sell only a limited number of beers, but because they also manufacture other beverages as well. BrewBilt has their own advantage going forward as they've done a great job at building the brand first, a really difficult task for most companies, plus we know they have a tech advantage to scale faster than most by being able to build their own equipment via the sister company.
There could become a day when BRBL is a full blown beverage company, making all kinds of beverages, and of course they might end up opening breweries in a couple more regions around the U.S. as well, maybe starting around 5-7 years down the road as a guess, and then revenues can really scale. That might seem like forever for some investors, but I like having one super-high-risk play for the long haul, kinda like how the Monster Beverage Company became a beast, but not overnight either. I kinda like the 7-10 year plan for becoming a large, successful beverage company but we're already 1.5 years into it.
In fact, during the next two months, I hope to accelerate my buying of shares just in case the sales with the new distributor come in hot. After about 6-7 weeks of sales starting during the first week of January when the distributor comes on board, BrewBilt should have a pretty good idea of how sales are scaling. If the numbers are better than they expect, they might tease us with an unexpected press release about their progress. So the next 2-5 months should be pretty revealing around here.
Later in the summer of course, we'll see if the taproom sales are a hit or not. They're bound to be decent at least because Nevada City is a well-known tourist town. But for now, I figure I only have about 2-5 months before I better have my shares locked in place just in case we get some stellar sales numbers.
It's all just a gamble; a big lotto ticket, but I like big lotto tickets. Best of luck to everyone with your due diligence.
Been in for quite awhile, enjoy your post and you are welcome
Nice update, thanks!
Yes, much nicer to hear realistic type of projections unlike hyped up projections in the past. I had posted once about the wording of the $100+ million revenue opportunity with the potential hospitality franchise contract that really sounded like it meant that in the future there could be a couple dozen microbrewery franchises, each making several million in revenue, but the promo campaign made it sound like a huge infusion of cash was about to hit.
The reason I'm here for the long haul is because slow and steady growth can win the race here. The new distributor should allow them to get into many more Safeway and Grocery Outlet stores, as well as restaurants and bars, steadily growing the revenue and the BrewBilt brand. And the taproom will help as well, though for the winter months they probably would have been better off with big screen tv's for the football season. The biggest taprooms around here act like sports bars as well with many televisions playing different games.
In 2024, I expect to see more promissory note funding backed by convertible shares, hopefully to get another taproom started. And when the loans come due from some of last year's notes, I expect about 1 billion shares of dilution for every $100,000 note, as a ballpark figure, fully expecting the outstanding shares to swell. But with Bennett having put in $460,000 of his own money last year, and other funding looking like it's coming more from friends and associates rather than toxic lenders, I think the turtle will eventually win the race here.
If insiders, friends and associates appear willing to gamble $100,000 - $200,000 each for the success of the business, I don't mind gambling a fraction of that. If they all end up with 1 billion to 2 billion shares each, then a 100 to 1 reverse split down the road still gives them 10 million to 20 million shares each, at a penny. Longer term revenue growth that could triple or quadruple every year, like is starting to happen, could turn BrewBilt into a beast of a brewery down the road, sending a penny price soaring.
That's how I'm playing this one for the long haul. Just my opinion; not investment advice. I'll just continue to slowly collect shares for the long haul.
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