BrewBilt Brewing Co (BRBL)

[kennypooh]

SIML is currently a good candidate for a SEC trading suspension IMO. All SEC registered stocks can be suspended under 'questions about the adequacy and accuracy' of company information, including false news releases, unauthorized share issuances, stock promotions, whatever else the SEC may allege. The SEC will choose to either litigate against a company and its principals or let the stock die on the Grey Market until the Admin Law Judge revokes the registration and FINRA deletes the ticker symbol. Although the losses are usually about 80% right after a suspension, most losses are eventually 100%.

Pinky Investors should always presume their desired 'OTC blue chip stock' is really a HIGH RISK SCAM designed to fleece investors, eg., false news releases facilitating extreme dilution from toxic financings or nasty reverse splits.

One can get help researching any suspected OTC stock by simply contacting the DD Support and Fraud Research Team at the following link. Just type in the ticker and ask any question.

https://investorshub.advfn.com/DD-Support-Board-and-Fraud-Research-Team-19670/

The SEC's report on Outcomes of Investing in OTC stocks is also a good read!!!
https://www.sec.gov/dera/staff-papers/white-papers/White_OutcomesOTCinvesting.pdf