BrewBilt Manufacturing Inc (BBRW)

[kennypooh]

"5 million divided by .002 equals 2.5 Billion. How many shares will you have when the float disappears?
$BBRW"

The problem is BBRW can't yet show the SEC $5 million in 'excess cash' to divide by .002? I doubt if the upcoming 10-Q will show anything close to that, yet they have already announced an upcoming $5 million buyback? Ooops!

It's illegal to take 'shareholder assets' from any source other than 'excess operating income' for a share buyback in SEC registered public companys. Any buyback is a mute point until their financials can show 'excess cash actually exists'.

The sale of shares has been BBRW's only source of operating cash since it's inception and that money cannot legally be used to buyback shares.

GLTY and JMO