BrewBilt Manufacturing Inc (BBRW)

[downdraft]

3 weeks tomorrow since we've heard a thing about the $130 million deal. That's feeling a little too long to me. If they had finalized negotiations like they said, they should be able to tell us the name of the hospitality company, when and where the microbreweries will be built, how much goes to BBRW versus BRBL, etc.

I don't want to believe that they're just running a long-term delay scam so they can continue to convert notes, but given their track record, I'm wondering if maybe they're just going to turn this into a many month delay. If we hear some BS like they're going to build just 1 or 2 microbreweries per year for the next 20 years, that would feel quite misleading. When they speak of 40 microbreweries, starting in California and Florida, I was thinking maybe 5 or 10 per state, per year, giving them substantial revenue to get off the convertible note train. So far, it's not looking so good.

With today's AS and OS raise over at BRBL, I sold 800,000 shares. It was bad enough that BBRW did their OS raise this week.

Might want to come do some DD, ASAP, over at GDV$, where I have some shares. You'll see what a chart looks like when a legit reverse merger play is in play, along with the new CEO of the private company that cancelled 89.5% of the OS. And the private company is a Cisco partner. It's a rare beast. BRBL and BBRW, on the other hand, are two of my super-high-risk plays.