Wednesday, August 09, 2023 2:28:20 PM
However, the loan is secured with the Series A preferred. Now how on earth is BrewBilt going to pay back those loans, $200,000 by the end of December and $100,000 by March of 2024? Where's BRBL going to get that kind of cash? So it's looks like the loans will likely default, giving Adam a boatload of very discounted shares, as I mentioned in a previous post.
That means he has lot on the line to make sure the company succeeds. There are a lot of high grade investment stocks that pay dividends more than 2%. Why is he taking this gamble? Does he know something? Does he have connections that he will bring in other investors to the company. Remember, he has a background in sales and could use those skills to drive other investments into BRBL.
Something big could be in the pipeline because his loan just doesn't quite add up to me! Just my opinion; not investment advice!
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