Even though the toxic loans and reverse splits over the years have been brutal to investors, at least the one thing that BrewBilt always does right is to make steady progress in the growth of their business. As such, it's easy for me to envision them growing even faster as we go forward.
At least they have been putting their toxic loans to good use, even if it's at the expense of the shareholders.
I'm just hoping the pending strategic partnership will finally put BBRW and BRBL in a position to obtain huge conventional debt financing so they can build their 70,000 square foot brewery. Or maybe the strategic partner is so big that they can provide the financing.
After all, without a much bigger brewery, there's no way that BrewBilt would be able to supply all the beer and equipment necessary for the 40 pending microbreweries as well as all the beer they need to ship to their growing list customers (taverns, grocery stories, other breweries, etc.)
We could get an annual filing in the next couple of days or weeks and usually there is substantial information that can be found in there.
BrewBilt's growth over the years has been impressive but it's only in this next filing that we should get a glimpse of how much revenue they'll make from the beer side of the business. They've mentioned they only started selling to the California grocery stores starting the end of last October. That should give us an idea of what 2 months of grocery store revenues adds to their top line.
But even with that, they'll still need huge loans to built out the new brewery. Hopefully that will spell the end of their toxic loans/reverse split ways!
I'm still expecting a filing about the strategic partnership on any given day now!
Just my opinion; not investment advice.
