BrewBilt Manufacturing Inc (BBRW)

[MNK3240]

Looking at the balance sheet, looks like there is a gap. Normally, when you recognize deferred revenue, the equivalent amount should be either in Accounts Receivables or in cash/bank or combination of both AR and cash. Their AR and cash not even close to deferred revenue, indicating that they have not really invoiced to customers for that $1.8m deferred revenue, it’s just one sided statement unless they buried in something, which is unusual. Let me know if you think otherwise!