From the Form 8-K filed 12/14/2020:
The management of BrewBilt Manufacturing Inc. has decided to form an independent public company that will brew its own brand and contractbrew
craft beers for its existing customers in the domestic and international craft beer markets before diversifying into other types of beverages including CBDinfused and cannabisinfused beverages. The new company, BrewBilt Beverages Inc. will also offer a selection of white label beers, developed by its core brew team for rebranding by establishments without inhouse brewing programs. Many of BrewBilt Beverages’ white label customers, after demonstrating the benefits of offering house beer, will want to take the next step and start brewing their own beers inhouse, leading them back to BrewBilt Manufacturing for the fabrication and installation of a pubsized brewery system. With 5 years of existing customers combined with recent advertising in major industry publications such as Pizza Today, Food & Beverages,
and Beverage Master; Brewbilt Manufacturing has received significant interest for brewpub systems. Even if these establishments decide not to purchase their own brewery, they would still be excellent candidates for BrewBilt Beverages’ white label brews. This circular relationship with customers ensures that BrewBilt always has something valuable to offer to the craft beer industry.
[color=blue][/color] CBD infused drinks could be huge. Also the 4million management fee paid during the year was paid in shares to a MJ company in order to obtain licensing to its MJ. While it will be nice to see a penny soon, this company has dollars written all over it. Lock up the float and they will have to pay up. The future is near.
