BrewBilt Manufacturing Inc (BBRW)

[lordboozio]

The uplisting comment came from a 6/11 PR, link below.

In my opinion, moving up the the QX does not seem to be happening in the near term. Also worth noting that this 6/11 PR references repurchasing 75% or the float whereas the 6/30 PR only references the dollar amount, $1.5M, with no percentage.

One thing I think is GREAT about the 6/11 PR: they name two new customer locations and Penn Valley and Elk Grove, CA. Those are also the locations of Bull Mastiff and Hungry Pecker, respectively, two new customers whose receipt of BrewBilt equipment has been on social media in the past week. They also reference a customer in Lake Tahoe, CA; Alibi, of the recent post of the 20bbl rig in process, appears to have locations in Incline Village and North Lake Tahoe, NV, and Truckee, CA, so unclear if that one is a match.

Nonetheless, the reason I said great is that the Penn and Elk deliveries demonstrate the company living up to statements that it has made publicly. I only worry that, if those California installations weren’t completed until July (unclear, but that’s when we saw the pics), will that hinder Q2 revenue recognition.

https://www.globenewswire.com/news-release/2020/06/11/2046877/0/en/BrewBilt-Completes-5-New-Breweries-With-New-Revenues-on-Horizon.html