BrewBilt Manufacturing Inc (BBRW)

[lordboozio]

This continues to be confusing in the short term, but promising in the long term if you fundamentally believe the statements/intentions of BBRW management, as I do. I too suspect that today's t-trade was part of the buyback.

Just for rough math, if BBRW deployed the full $1.5M at a .0065/sh average, they would repurchase 23m0 mil shares. Given where this stock has traded during July, since the buyback authorization was announced, .0065 seems very achievable, if not optimal.

One wild card (among many others): Has the company repaid any of the outstanding notes, or repurchased them, to prevent debt from converting to shares in the first place? It seems likely that certain noteholders would prefer to avoid the hassle, risk and expense of converting debt to shares, then selling those shares, so would hang on until the borrower has cash on hand to repay directly. If so, 230 mil shares (or any other ballpark #) becomes a much more meaningful percentage of the O/S. If you believe the PRs, then it is likely they had cash on hand from Q2 purchases; even if not yet recognizable as revenue, they can spend it.

If I knew everything, I wouldn't have purchased some shares above .02, but just one interpretation as someone who has found the company to be fundamentally credible and is optimistic about their business prospects.