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Tuesday, March 28, 2023 1:46:27 PM
If only 20 of them wanted to stake a $5,000 gamble, getting 50 million shares each at $0.0001, that would wipe out 1 billion shares right there. So there does have to be lots of shares available if lots of people see a golden opportunity as well.
Let's not forget about all of the employees of BrewBilt and their family and friends who might want to get in. Or how about all of the citizens of Grass Valley, CA who are watching a brewery grow up in their hometown. How many of them want in? Remember, it's not like you get a startup brewery that has the potential to scale to the big leagues, show up as a penny stock that often. A lot of businesses start privately and then do a traditional Nasdaq IPO at which time you've already missed out on the initial monster run.
And sure, there are other penny stock breweries, but the manufacturing capabilities of BRBL's sister company, BRBW, gives BrewBilt Brewing a monster-size advantage over anyone else that wants to scale to the big leagues.
Since it's tax season and I'm low on cash, I wouldn't mind this going on for a while before a contract announcement because I want a boatload more shares than I have already. My GMZ$ reverse merger plays looks ready to make another move so maybe I'll have some more cash from there in the near future. I might even crank up my old eBay account to raise an extra quick $500.
Based on the past timing of the company's news releases, I figure I maybe have another couple of weeks to get more shares before the next news release, which could very well be the contract news.
Just my opinion; not investment advice.
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