BrewBilt Manufacturing Inc (BBRW)

[Arthur]

The company made $968 of sales last Q.

The CEO was talking how big the Purchase Orders he received were, and was talking about buying back shares and reducing the float. While he was saying that, he was tripling the number of shares issued, from 670,000,000 VTNL shares to 2,195,849,432 VTNL O/S, increasing the A/S thrice and contracting $490K of new debt, all toxic convertible debt at ridiculous discounts.

He deceived his shareholders during Q1.

And now he is confident of making $1.5M of sales. Is he lying again ?

Dan Rushford, CEO, stated, “I recently announced our purchase orders for January and February 2018 of $529,790 and $245,000 which have allowed our Company to start the process to purchase-back shares of the company in order to focus on anti-dilution measures, stock price increases and minimizing the number of shareholders as we target the New York Stock Exchange listing procedures, along with our new program designed to provide prorated dividends to our shareholders. ”

Source: https://globenewswire.com/news-release/2018/02/22/1379914/0/en/Vet-Online-Supply-New-Oral-Spray-Products-for-Big-Box-Pet-Stores.html

As we exceed our projections, we have instituted a share buy-back program for March-2018 as a part of retiring 80% of our float.”

https://globenewswire.com/news-release/2018/02/28/1401296/0/en/Vet-Online-Supply-Exceeds-Sales-Projections.html