BrewBilt Brewing Co (BRBL)

[Tengri]

Blind estimation of SIML's dilution risk...

In today's 10Q, it states OS is 303,958,932 as of August 12 2019

In recent PR, it states OS is 238,061,018 as of July 22, 2019

i.e. 65,897,914 shares converted over the past 3 weeks

Let's assume they converted at average price of $0.008

i.e. 65,897,914 shares x $0.008 = $527,183 converted

In the same PR, it states the value of notes is $1,131,683

And Company intends to prepay $466,891 before maturity

Hence, in theory, the estimated value of remaining notes..

$1,131,683 - $466,891 prepay - $527,183 converted = $137,609