BrewBilt Manufacturing Inc (BBRW)

[lordboozio]

That is great to see. Although I'm sure this order has factored into the revenue projections the company has released, pretty sure this is the first time we've heard of an order to Alibi Brewing or any customer in Nevada (correct me if I'm wrong). They just posted the same thing to Instagram for the first time.

Assuming that Alibi Brewing is connected with Alibi Ale Works (seems likely, both are on Lake Tahoe), this is exactly the kind of customer that BBRW wants during times like these. Alibi already sells canned beer, very important if/when things are totally shut down in a given market. They also appear to have an affiliation with (perhaps common ownership but haven't researched enough to confirm) a couple of public houses. Obviously those setups are dicey in the time of covid, but at least in my neck of the woods, people are flocking back to any place where you can drink outdoors at a table as soon as perceived safe to do so. Just seems like good proof of concept that, although certain craft brewers will struggle/close/never get off ground, others will adapt and thrive.

Also just interesting to think about all the social media releases the company is doing relative to where they are in any buyback. The first PR about the buyback referenced 75% of the float, the second one quoted $1.5M but no percentage. My strong suspicion is that the buyback has been occurring at a variety of price point under a cent, which has resulted in a lot of the buying support we've seen in the face of much flipping and presumed further dilution (if so, by noteholders, IMO). No guarantee that's what's happening but I continue to like the prospects for this stock and company.