BrewBilt Manufacturing Inc (BBRW)

[RicherPn]

The elephant in the room? Shares dilution. Without this the stock price should be around $0.05 by now. Company have limited fund to buy back shares but toxic lenders will have inexhaustible convertibles shares to dump regardless news or no news. Last time I checked from last 10Q their debt was significantly lowered and therefore no need for further dilution. However that could change if Jef decided to borrow more. The $20 million backlog for 1st Q 2021 is unrealistic to say the least and $5 million shares buy back is a big question mark. Jef said this before and will do it again. Empty barrel sound very loud because it's empty. Oh boy O/S update is coming up.