BrewBilt Manufacturing Inc (BBRW)

[kennypooh]

"Why hasn't this scam been stopped by the sec?"

The SEC does not act on rumors or innuendos. The FACTS were only revealed to it a few days ago in the 10-Q filing? The FACTS did not support what the CEO has been claiming publicly in his PRs and n social media. Trading could be suspended at any time now. Who knows?

The 10Q just released raises some serious questions regarding the accuracy of BBRW's news releases and lack of filing to do a share buy back?

There are two types of SEC Suspensions:

1) SEC Registered companies that are delinquent in filing Financials.

2) Questions about the adequacy and/or accuracy of company information, including news releases, share issuances, stock promotions, or whatever else the SEC may allege.

In both types, a suspended stock automatically moves to the 'Grey Market' until questions regarding adequacy and/or accuracy are resolved. The stock will remain in the Greys until an SEC Admin Law Judge clears it, or revokes the registration and has FINRA delete the ticker.

The SEC/DOJ may also file charges of FRAUD, but seldom, if ever, is there any restitution available to cover investor losses in penny stocks, even when fraud is proven.

GLTA and JMO