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Sunday, 05/14/2023 10:23:02 AM

Sunday, May 14, 2023 10:23:02 AM

Post# of 41921
Good Sunday Morning,

Is history going to repeat itself for BBRW? This is a huge unknown.

The track record for BBRW is anything but dismal without regard for shareholders. The past 4 years the company has salted its image with the often and well known within the penny arcade as nothing more than a printing press to float the company's agenda. This is the negative.

I have never owned this issue, nor did I ever trade it. However, there is somewhat of new beginning if you can call it that. Since 2019 through 2022 the company resorted to 3 R/S and has reduced the O/S to 75m. Why?

Well, I have been trading the penny arcade for almost 30 years and usually never give the time of day with the likes of a company whose business model, which has positive attributes. But management, plainly one can see, used the backs of shareholders to implement a strategy of using and recklessly, the share structure to finance the company's direction since 2019. This dilutive process just destroyed your ROI and helped the company finance development stage is very common in the pinks, yclearly evident what went on here. This isn't anything illegal, but certainly reckless without any regard to its most ardent supporters. He has to overcome this, and I believe this conduct will come to an end.

The company used up all its good will with respect to any more share structure realignment or R/S. The will never be approved for another R/S in the future this I am pretty sure of.

So, let's move into the positives.

I own this company and bought into it last week on the churning and walkdown and believe a good entry is under .002 and below.

We received quite a few press releases from 2022 to today that shows the company is marketing their brand with promising results and the timeline makes for the 2023 year may just be a turning point for this company. After 3 years of funding development stage, i.e.: manufacturing and marketing, I now and finally, the company is on track with further sales and collaboration with partners seems to be taking hold.

The first quarter 10q was a very good turn and with much hope the growth aspect going forward. https://www.otcmarkets.com/stock/BBRW/news/story?e&id=2525853

The current trading at .002 is well below where we should be, but I contribute this to the history of the last 3 years as an impediment but will be corrected soon and should bring us back to a MC of $1m and trading over penny.

I'm giving the company the benefit on reducing the O/S, where we will once again see a positive ROI as long as sound financial instruments are used to expand the business model and not on the backs of shareholders.

The company has to show good corporate governance and intent that brings back the value that we and the street can believe in. This has to happen.
Our O/S is 75m and MC of $150k is well under the current REV and not fair value but undervalued.

For now, you must watch, and this is a must on the O/S. I do believe we will play into runs and .01 is fair value, whether the street will except this will only come from the intent of the company. Ball is in their court.

Target .01 by July 4th will give us a MC of $1m, well undervalued.

Happy Mother's Day for you moms.

Have a good day.
varok
Bullish
Bullish