BrewBilt Brewing Co (BRBL)

[Nistel]

Lowering the A/S is actually a covered pre-split increase to 3.000.000.000.000 shares. Dazzling number?

Simply recalculate the new A/S to pre-split figures (reverse the 1:1000 back by multiplying the new A/S by 1.000) and you will see that this figure just mentioned is the 'pro rata' A/S now for all pre-split shareholders.

To keep A/S in the same proportions as it is now, it had to be decreased with the same 1:1000 factor (to 7.500.000 shares A/S), which obviously they did not do as expected.