BrewBilt Brewing Co (BRBL)

[Nistel]

Brendan, think of this: Grid has no money in hand at all. However they have their usual monthly running costs. Till now they could pay by diluting shares. How will they continue that without being able to sell more shares on the market, now as there is a no bid status for long time already? Not even talking about investments while making preparations for REAL operations (if ever). Cash is depleted. Almost all available shares (from AS) are sold on the market by now.

They have two options:
1. Raise AS again, but with no bid status, they will be stuck with their shares as no one wants them.
2. Execute a R/S, where PPS will be set higher, thus creating a bid again (it always does). This way they can continue the dilution until they reach 0.0001 again.

OK, there is the third option to abandon this company and dissolve it, just as they did with Jumeirah Resources, but I won't take that into consideration for now. That would be definitely end of story.

You tell me what else they can do to pay their bills.

Any funding (no proof that there actually is some funding realized at all till now, only air castles), will be related to the moment that operations will commence. They have no relation with general recurring company operating costs that the company incurs just by staying alive.