BrewBilt Manufacturing Inc (BBRW)

[lordboozio]

Most recent O/S is 509m per OTCBB as of 7/1. Various folks, myself included, have ballparked estimates of what it might be now. The prefs are owned by management, and despite being bullish on this stock, I’m operating under the assumption that any significant conversion of pref shares now would, in fact, suggest that mgmt is not looking out for shareholders. My operating assumption is that mgmt, through existing significant ownership of common stock, has sufficiently aligned interests so as to not be adding a third possible avenue for dilution (other two being conversion of notes and new issuance, both of which I hope are substantially finished).