BrewBilt Manufacturing Inc (BBRW)

[lordboozio]

You bet, thanks for reading it. On dilution being done, I honestly don’t know and this board reflects a great diversity of opinions on that topic — for dilution to be “done,” there would’ve been over a billion shares converted absent any repayment to lenders or repurchase of notes. Perhaps the right question is whether dilution is now under control. Answer there is still very eye of the beholder.

On reducing the A/S, I suspect that it’s permissible but doubt it would happen. As a shareholder, I wouldn’t want to see it happen, either. Reckless dilution is bad, but having space in the A/S is a safety valve for the company in future. There also needs to be room for conversion to common of preferred shares held by mgmt; my bet there is that mgmt has a long-term view on the pref and will convert judiciously, but again only time will tell!