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I took a starter here today right before the closing. GLTA
It's a mess, they were saying there would be no convertible debt left in 2024 was blown to bits by the last filing. Typical OTC stock, flip the momentum and then watch. I am just watching it unfold.
Still just a long-term play for me. Their interest expenses keep them in a jam and there is still no mention of the hospitality franchise contract which looked like the bright light that could have accelerated their growth.
Instead, 3rd quarter filings weren't great at all. In the 2nd quarter filings they expected the OS to expand to 2 billion shares but as of the 3rd quarter filings it shows a $200,000 promissory note (somewhere around that amount) that defaulted and had terms that allowed it to become convertible debt. Now they mention that an additional 10+ billion shares could be added to the OS.
Most of my focus remains with the sister company, as it has for most of the year, but a hospitality franchise contract could make both stocks come to life, IMO.
Lolll. You fools. And the people that say it don’t matter personally know Jeff imo and made tons of money pumping and selling. Fu Jeff. Fu Dan. Bbrw scam for life and I pray it’s drlusted
Damn, he added another 200m on the float this week. Relentless.
I keep a picture of that flow meter on my wall, right in front of me! Selling state-of-the-art equipment to a huge player like Sierra Nevada Brewing is like gold! I still think I have time to accumulate lots of shares but several years down the road both BBRW and BRBL could become very big players in the industry, IMO.
Clearly a buy, ignore the noise! $BBRW is selling their patented cutting-edge flow valves to Sierra Nevada and other major players. .002++ easy!
Come on, don't be scared little boy, Buy! Buy! Buy!
Get on board the money train, after all it's only money!
It’s sickening. The only people pumping are probably people that know Jeff. It’s all inside shit imo. Remember imo
He snuck another 90m onto the float yesterday. Kind of crazy how they build on the backs of shareholders without repercussions. Wonder how the debt clear up by the end of the month is going?
30 billion authorized. Lol. 1.8 billion outstanding nlol. Market cap 500k. With about 5k. Lol
I been warning people for 5 years here. Nobody seems to listen. They are buying worthless garbage scumbags Jeff and Dan shares for all that know who Dan is. Fuuu. Disgrace to the military imo
17:1 sell to buy ratio today on BBRW, after 75:1 sell/buy ratio last Friday.
You do realize that stock promoters and "chartists" are actually dumping shares they bought while suggesting others buy. They usually have sold most of their shares into volume, then run away to their next victim company.
Maybe that's why the SEC and FINRA warn investors about the huge risk with companies like this and other OTC investments.
Sometimes one can make money. Other times one can lose EVERYTHING.
Massive dilution confirmed - more to come
Rocket BBRW has no dilution update out https://www.otcmarkets.com/stock/BBRW/security
BBRW share structure updated seems no dilution https://www.otcmarkets.com/stock/BBRW/security
Enjoy your pain
Now that’s funny. Tell Jeff he is a POS. I’m sure you know him to talk like this. Imo
Wow back to .0002 as dilution continues. Only a dummy buys Jeff’s BS imo.
it already has a few times and dont remember anyone asking you, also interest rates are gonna be cut going into next year you would have to be delusional to not see what's going on
I believe .001+ possible with current share structure
This would go bananas if they followed through on their estimate... But only if they pay down the debt and not convert it.
BBRW pr
BrewBilt Manufacturing Inc. shows positive growth in sales and debt reduction in Q2 2023. Revenues increased by 14X compared to Q2 2022. The company aims to eliminate all convertible notes by 12/31/2023
Per 10q
As of September 30, 2023, the convertible notes payable are convertible into 10,888,428,703 shares of the Company’s common stock.
One thing I caught in the latest quarterly filing that I hadn't seen before - unlike the sister company that show preferred share conversions into a lot of common shares by the key employees, when I was going down the list of conversions within the BBRW quarterly filing, reading a quick summary on the left hand side, I saw a bunch of preferred share conversions by lots of people, including Jef, but as I reread it more closely yesterday, the shares that Jef had converted into a huge amount of common shares, further stated that the company then rescinded the conversion. I had thought Jef was sitting on a boatload of common shares which gave me more confidence that it would run. Never seen that kind of action before.
Sure looked like it was going to run hard. Maybe next quarter when they get more cash for installations.
They added 200m into this pump, otherwise it would have gone hard.
The share structure isn't that bloated yet. But time is running out as they keep pumping shares into it.
Almost 75:1 sell to buy ratio today on BBRW
You do realize that stock promoters and "chartists" are actually dumping shares they bought while suggesting others buy. They usually have sold most of their shares into volume, then run away to their next victim company.
Maybe that's why the SEC and FINRA warn investors about the huge risk with companies like this and other OTC investments.
Sometimes one can make money. Other times one can lose EVERYTHING.
Who knows, everybody has their own reasons, even the market makers.
now do people think it was only retail selling to chase another stock? lol
Guys, check out my morning post over at our sister company, BRBL. I think the CEO has found a way to get less toxic funding going forward, which might be his strategy to get the Phase II brewery to break ground, which would benefit BBRW as well of course when they need more equipment.
Yup…sold 90% over 12 and rebought 7s
I hope you banked some money on it though!
Yup.
The dilution is relentless.
Thanks much; I'm working at it. My goal is 30 million shares here. Two of my other plays are trading well so I expect to have more cash within the next week or two max as they're profitable already. I still think BrewBilt is the only one that could have a massive turnaround. I've always liked beverage plays and these guy never stop making forward progress. If they ever PR a huge order with Sierra Nevada Brewing or PR that Phase II brewery, this thing could go way past that last run, imo.
Yeah that stock looks like a real bad deal.
What you are talking about? 7-1 today but 230 buys first day @2s , 313 million the second day @3s , 4s , 5s & 6s, then 400 million yesterday at 4s, 5s & 6s and then today with only 160 mill they drop it to 2, you must be one of those people from the group that’s playing this game, you won’t fool me or scare me to sell my position, I’m loading for a long term buddy : ))))), you remember the run up that took place way before r/s ? when this run from 0.0008 to 0.023 ? I banked 170k mister : ))))look at the previous messages, I even bashed a bit to get some 0.0001 and I did, only 9 mill @1s, 12@2s & 4@3s but hey day hahhaahah : ))))))
Place your orders all or nothing & good until cancel, it’s valid for 6 months = chance to get field when they sell shares between them they loose some shares to us : ))) that’s what they did today= sold 160 million to drop the pp after they bought 700 million in 2 days at 4s and 5s , like that they won’t show up on the bid, think about it some group have 600 million shares, then one of them sells well the other has the bids in place, basically selling between each other to lower the prices and then they wait for loosing hands to sell into their bids or if the loosing hand people put their shares on the ask later the group scoop them, that’s the penny stock now days, many of them won’t move until the group is loaded with cheapies: )))))) trust me I have been around the block/market for 27 years : ))
Solid company and solid products
I'm still trying to get more 2's. I have about 9 million shares split between both companies but I want a lot more of both. Many a company has made a run to copper/silver with a larger OS than we have now. I'm hoping the typical late Friday afternoon sell-off from day traders will get me more shares at T2 or T3. I just don't want to miss out on any big news event as the volume this week was quite unique.
Great video. The company has built a well-known, high-quality brand, with lots of microbreweries using their equipment. No wonder they've found themselves in a position to scale much larger now! Can't wait to hear the news someday about the Phase II brewery that will require a lot more equipment. I don't see anything that will stop it from happening; that's my logical, reasonable guess.
Year after year they simply continue to make forward progress in their business through many hours of hard work. I've been in many other OTC companies that never ended up producing anything at all!
I have 25 million so far, I only catch 9 mill at 1s, 12 mill at 2s and 4 mill at 3s, I hope 2s come available again because I have 15 mill open orders. Glty
Is this their x account and products https://twitter.com/brewbilt
Plus, BBRW has to put out money in advance for a lot of piping, meters, valves, handles, control modules, etc. Huge upfront expenses.
Yep. Crazy the way they work. No big deal to me as this year has plenty of encouraging signs here. BBRW is still likely in a short term financial jam because in order to fulfill the $1.5 million in 4th quarter orders, that requires buying a lot of stainless steel in advance, all the expenses for welding supplies, plus the salaries of all the welders. That's expensive.
But next quarter, when they should be in a position to deliver and install all that equipment, they stand to receive a boatload of cash for the effort!
I had bids for triple zero one shares on and off all year but only managed to get a handful at that price.
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