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"Can someone explain this please."
RicherPn..For an unbiased interpretation, just post your request on the DD-support board. (a General Topic board)
https://investorshub.advfn.com/DD-Support-Board-and-Research-Team-19670/
"There are 141 thousand shares short on BBRW as of Oct 30th 2020"
Yeah....a whopping $202 Squeeeeeeze coming LOLOL
"Net loss for the nine months ended September 30, 2020 was $8,845,274 compared with $490,998 for the nine months ended September 30, 2019. The increased loss can be explained by the loss in fair value of the derivative instruments, a loss on conversion of Preferred Series A stock to common stock, and in increase in interest expenses during the nine months ended September 30, 2020."
No wonder they extended the buy-back period out a full Year. No 'excess cash' to do one with. LOL.
ECOS is at the funeral home waiting for SEC 'revocation'.
The shell itself will become worthless once it's revoked.
"4 times higher is nothing in penny land. High risk means high reward...
I have seen some penny stocks went up to 2000% high.."
Are you also aware of the recent SEC rule changes (regarding Toxic funders) that has put a stop to that 'scam process' that allowed financial predators to prey on naive and uninformed investors?
Everyone knows that 99% of penny stocks 'fail at business, so success could not have been the reason for the share price increases you cite??
GLTY
"Another fluff news. Trying to entice some volume for CD holders to sell.
Exact same play that SIML did."
Yep, no update regarding the status of their 'expected' $30 million in brewing 'hardware' sales for 2020?
If they have signed all these new distribution agreements, with companies in other countries, where are the 8-ks of these wonderful 'definitive agreements'... as required by standard SEC shareholder notification rules ?????
Fluff PRs don't qualify, just as SIML's didn't!
Picture in the INTRO!
https://investorshub.advfn.com/Simlatus-Corp-SIML-17443/
$4 million BGreen consulting agreement in the BBRW filings.
FBEC Scam founder.
Do your own DD.
"That $4 million consult fee did not go for expansion.
It likely went to Sands or some other shady character involved in this POS."
Laster... This link takes you to known addresses for Optemus Investments, owned by Scott Sand who was the shady ex-con behind SIML. Optemus also owns BGreen..see below.
https://www.corporationwiki.com/p/2ryu81/optempus-investments-llc
If you click on the 34630 Avenue E address it shows that this is also the address for five companies including BGREEN which received the 400,000 convertible preferred shares when BGreen signed a $4 million consulting agreement with BBRW. They apparently had no real Florida operation??
https://www.corporationwiki.com/California/Yucaipa/34630-Avenue-E-Yucaipa-CA-92399-a48199784.aspx
Satellite image shows it as a run down residential with an adjoining junk yard..
https://www.google.com/maps/place/34630+Avenue+E,+Yucaipa,+CA+92399/@34.0272267,-117.0495401,172m/data=!3m1!1e3!4m5!3m4!1s0x80db50e23a13b7a9:0xf9c22b4753bffd1e!8m2!3d34.0273301!4d-117.0489514
"5 million divided by .002 equals 2.5 Billion. How many shares will you have when the float disappears?
$BBRW"
The problem is BBRW can't yet show the SEC $5 million in 'excess cash' to divide by .002? I doubt if the upcoming 10-Q will show anything close to that, yet they have already announced an upcoming $5 million buyback? Ooops!
It's illegal to take 'shareholder assets' from any source other than 'excess operating income' for a share buyback in SEC registered public companys. Any buyback is a mute point until their financials can show 'excess cash actually exists'.
The sale of shares has been BBRW's only source of operating cash since it's inception and that money cannot legally be used to buyback shares.
GLTY and JMO
"Expose this honest CEO on social media, i.e. facebook, instagram, tweeter, yahoo, youtube, etc"
How would that hide this 'obvious' dilution machine from savy shareholders??
Everyone should be wearing a mask when going on that board.
It is not against the law to fail at business??
"100% positive at this point their sales figures in these PR's is exaggerated."
I've followed OTC penny stocks for 20 years and have observed first hand that most never reach their 'potential' and stats show that 98% do fail at business. If it were only about 'potential', they would likely all succeed.
BBRW's complete revenue track record as a service company building custom made brewery equipment was in their 1-A filing at the time they registered the 10 billion new shares to sell (direct from the company to 'qualified buyers' only).
Previously BBRW/VNTL had been issuing TOXIC Convertible Notes to fund their operations.
Now the same 'funders' are buying the 1-A shares direct and then dumping them...still BBRW's diluters.
GLTY and JMO
"We’ll see who’s right in sweet time."
'Sweet time' will be the 10-Q (if there is one), not our 'opinions'.
O/S likely to be 2.2 Billion by then?
GLTY and JMO
With the funders dumping an average of 10 million shares (every trading day since the 1-a filing) into the O/S and driving the Share price down, where's there any 'buy-back' benefit to shareholders? LOL.
In order to be 'legal', a Buy-Back must be done with 'excess cash' from operations, not from the sale of newly minted shares sold to funders at a negotiated discount to retail? If the Q can verify some 'net profits' from operations, they might be OK?
They don't 'have to do' anything until you request, sign and submit a worthless share form (process may vary between brokers). Check with your broker, not your accountant. The brokerage account will then show the 'realized loss' which the accountant uses on your tax return.
'Worthless share' transactions must be completed in brokerage accounts by Dec 31 in order to take a tax write off in 2020. Likely a broker buying a customers 2 million shares for $1 so they can get a tax write off.
"When excess cash is used to repurchase company stock, instead of increasing dividend payments, shareholders have the opportunity to defer capital gains if share prices increase."
BBRW had no excess cash or previous dividends?? They are broke? LOLOL
Any buy-back could even be illegal by SEC and/or Florida SOS rules?
Best to ask your attorney.
You get what you pay for by asking for advice on a MB. Best to ask your own accountant or investment advisor.
GLTY
But the actual shorts (as reported by FINRA Oct. 15) were only around $1200.
Anyone can check the 'FACTS' on OTCmarkets at any time without a "proprietary algorithm".
LOL Some squeeze??
https://www.otcmarkets.com/stock/BBRW/security
The Squeeze Report is just more FAKE bullshit folks to get naive and uninformed investors to subscribe to their scam reports LOL!
'Short Volume' as reported daily by FINRA has little or nothing to do with actual short transactions All stock transactions have a buy side, and a sell side, reported separately by FINRA (as trades rarely happen 'simultaneously'). FINRA reports the buyers side as 'long volume' and uses the term 'short volume' for the sell side. FINRA's term "Short Volume" in no way represents an actual "short transaction". Actual short transactions are only reported bi-monthly by FINRA and can be found on the OTCmarkets site. The last bi-monthly report showed a whopping $168 short for BBRW.
Anyone who cares a whit about what they have invested in this stock should not rely on the Squeeze Report or a MB for the truth. Better to Call FINRA direct and have them explain it.
By SEC rules, broker-dealers must demand a deposit of $2.50 per share before a customer can short a penny stock trading at .003. Selling short is just more MB BULLSHIT?
GLTY and JMO
It's been 200 million every month since BBRW filed the 1-A offering Aug 13. The 'bullshit' is the method used to hide the real reason why they are diluting from the investors. They have 8 billion more shares 'registered' that can be free traded into the market to raise cash. What exactly they are doing with the shareholder's cash raised is yet to be revealed?
GLTY and JMO
You are right if you are speaking about the shares being sold to Tri-bride and then dumped back into the O/S. LOL.
Every time this BBRW train leaves the station and tries to get up the first small incline, it goes chug, chug, chug and rolls back down into the station? I asked my 11 year old granddaughter why that is and she said they are tying to fire it's hand crafted mighty engine with nothing but bullshit. Not enough power in cheap bullshit, need to try some coal, or natural gas, or wood maybe??
GLTY and JMO
"The $BBRW is about to cross that line into Colorado where the air is thin! We’ll be stopping by the Coors plant to give them a little taste test of what they want!"
Don't made-up opinions, rumors and innuendos 'explode' when they reach high altitude?
"They're broke."
Yes, but they're offering a free beer to go with the big 'donut' on their bottom line LOL.
"Sudden end to massive dilution"
Please show some evidence for what you post!
The O/S update due out Monday could prove otherwise?
You can't dilute 200 million shares a month and not have the share price go 'down'? The 'market' is not 'dumb' or easily fooled by 'stories'.
GLTY and JMO
"Looks like NOW we know WHY increasing the AS to 10b...while around the same time stating a BUYBACK—
DILUTION! Imo"
BINGO...the diluting had to be done a different way due to changes in SEC and FINRA rules regarding the use of 'toxic' funding.
The next important bit of information for shareholders is the monthly update of the O/S count, and that comes direct from the Transfer Agent's computer into OTCmarket's computer. Since Nov 1 is a Sunday, it could possibly show up later today after market close? That will show what the shareholder dilution was in October.
https://www.otcmarkets.com/stock/BBRW/security
GLTY and JMO
Also, on Sep 16, 2020 the SEC approved a change to its rules that will largely prevent brokers from quoting prices for OTC stocks like BBRW unless the company issuing the shares has released up-to-date financial information to the public.
It's now scheduled for the week after never!
Sad to lose someone with such useful knowledge at such a young age. Thanks Janis for notifying everyone.
https://www.thebasilelawfirm.com/post/sec-finally-going-after-toxic-convertible-note-debt-lenders
Everyone only gets one vote!
"You’ve finally seen the light!!!"
Yep, light is still the best disinfectant against financial predators.
GLTY and JMO
“Anheuser-Busch is on our radar while the European craft beer market for BrewBilt is projected at $138M."
And as the good lord said to his people..."go forth and multi buy".
GLTY and JMO
I hope you still get your check!