Tuesday, March 02, 2021 7:41:58 PM
share buy-back program that will authorize the company to repurchase 70% of the float... This is in the best interests of our shareholders and allows for a smooth transition of our up-listing to the QX " QX is a .25 cent requirement
" in addition to the projected $25M in new revenue, the company now has $500K in new cannabis orders to manufacture a mini coldwater extraction system, maxi coldwater extraction system and 2-cannabis freeze dryer systems.
Jef Lewis, Chairman and CEO, stated, “We continue to brand BrewBilt as the highest quality manufacturer of brewery and cannabis systems in the world. As we increase revenues, our legal counsel is structuring a share buy-back program that will authorize the company to repurchase 75% of the float before the end of 2020. This is in the best interests of our shareholders and allows for a smooth transition of our up-listing to the QX while maintaining a firm value for our shareholders.”
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