BrewBilt Manufacturing Inc (BBRW)

[God_Father]

They have the option to buy shares before it's converted, which is good news... But the question is whether they are going to or not. The fact that they took out another loan yesterday tells me they are struggling with cash at hand... But yes, the company did state they would try counter dilution. They did NOT say 80% of the float would be acquired in March, "only a part" of it would. When the new float O/S numbers are updated, you'll have a better picture...

O/S was 1.2 billion as of March 1st. If this number increases, it'll mean dilution outweighed buyback.... If this number decreases, it'll mean buyback was greater than dilution.

Personally, I was here because I thought they said 80% of float would've been bought back this month. I was wrong.


Cheers