BrewBilt Brewing Co (BRBL)

[tripil7z]

$SIML 8-K


Item 8.01. Other Events.

Purchase Order for Proscere Biosciences Cold-Water CBD/HEMP Extraction Systems on July 10, 2019

Pursuant with the distribution agreement with Brand House Ventures Inc., whereas on March 29, 2019, the Company and its subsidiary, Proscere Bioscience Inc., entered into a Distribution Agreement with Brand House Ventures Inc. allowing the rights to sell the CBD/HEMP Cold Water Extraction Systems within the United States and Europe; the company received a commercial purchase order from Brand House Ventures Inc. on July 10, 2019 to manufacture 6 Cold-Water CBD/HEMP Extraction Systems for their Europe customer in the amount of $4,320,000. The term of the Agreement with Brand House Ventures Inc. is for five years with guaranteed minimal purchase orders of $15,000,000 per year and/or $75,000,000 over a five year period.

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