BrewBilt Manufacturing Inc (BBRW)

[lordboozio]

People have made the point about BBRW wanting to tank PPS to maximize effectiveness of the share buyback, and I understand the logic. But if I'm BBRW mgmt, yes I want to "reward" shareholders (including BBRW mgmt, which has received significant compensation in common stock), but there's also a large element of demonstrating good faith and follow through. I continue to believe that the buyback may have commenced anytime after the PR announcing the authorization, and I suspect that a lot of the large block buys that we saw before this current run were part of the buyback. Even at a .0065 average, $1.5M would result in repurchase/retirement of 230 million shares. If BBRW accomplishes that (or something similar), it will reinforce to me that: 1) These guys understand the alignment with and need to take care of outside shareholders; and 2) Business is good enough to support this initiative, and that suggests good things in the future.