BrewBilt Manufacturing Inc (BBRW)

[gopherdat]

Reducing float thru buyback does three things.
1. Ensures maximum dividend is kept within the company.
2. Increases share price which increases yield when company returns some of the stock to the market for public float. (Needed for market expansion)
3. Reduces threat of a hostile takeover.

The benefits to those public stocks that remain in the float get to share in a FAIR and well planned growth strategy.
Anyone here been thru that "Reverse Split"
that drowning companies do? I have with losses in the thousands.
REVERSE SPLITS are the most common method of reducing outstanding shares and increasing unit price. Buybacks are usually only done by those companies that stable with large revenue coming. Soooooo let's keep watching and buy now before price gets too high.
I did and holding.