BrewBilt Manufacturing Inc (BBRW)

[lordboozio]

I don't think it's a big assumption for dilution to end. The new shares have to be coming from somewhere: conversion of notes, new issuance, or conversion of pref shares being the main potential sources.

I am not aware of any new issuances occurring. As I've said previously, one of my articles of faith is that BBRW mgmt is not dumb enough to convert any meaningful # of shares right now, and presumably that would result in a beneficial ownership change filing if in any material amount. So that leaves note conversions. As of the last Q, there was a 1.5B share overhang. Once those are done and absent new notes, it's a matter of where could new shares come from?