BrewBilt Manufacturing Inc (BBRW)

[lordboozio]

Interesting, good points. Seems very plausible. Others can better weigh in regarding the question raised on legality, but it seems to me that would be easily solved by BBRW communicating their objectives to their chosen MM(s), wiring the funds, and getting out of the way. What you described seems to be a pretty standard playbook.

#4 is where we will each have to make a major decision, absent other events before the end of the week. I had a similar thought to you; notional rough math:
- trading days in July = 21
- ~12 days with ~10m/day avg shares repurchased = 120m shares
= ~9 days with ~20m/day avg shares repurchased = 180m shares
== 300m shares repurchased

I haven't reconciled this against trading data or volume-weighted avg. price by day, but you get the idea. Two additional wild cards:
1) How many new shares hit the O/S? More or less than any that were repurchased?
2) How will the market react? I can see a world where ANY increase over 509m leads to people dumping. That would be silly to me but still something to plan for/trade off of.

Unless the price were to spike way back up later this week, I plan to hold through the next O/S update and hope for a combination of good news/intelligent reaction.