BrewBilt Manufacturing Inc (BBRW)

[Arthur]

When a subpenny company deep in convertible debt reaches $0.0001,
it can still lift the sp a little with the usual fluff PRs, say by repeating that the company expects to make $265 millions in 5 years, or other such pie-in-the-sky numbers.

But the favorite tactic is the Reverse Split. VTNL stock becomes (temporarily) VTNLE, and 5000 old VTNL shares become one new VTNLE shares.

As the new stock price starts tanking immediately, the old shareholders, already down 90% or oro, lose everything, and a new crop of hapless shareholders gets recruited to be fleeced.


Another possibility, with the R/S, would be the announcement of a dummy acquisition.

Thats a favorite tactics. Penniless penny stock announce a (cashless) "acquistion", excited shareholders flock to the stock, and when all is said and done, the new entity is still worthless and the share price is right back to $0.0001, albeit billions of new dilutive shares have been dumped by the debt holders meanwahile, which was the entire purpose of the exercice.

Or, VTNL could start to sell hemp oil pet treatsfor reals this time.
That one is quite unlikely.