BrewBilt Manufacturing Inc (BBRW)

[downdraft]

From BBRW's August 30, 2023 press release, right at the very top, it shows...

"-Projected Revenue for Europe for 2024-2025 is $30M-"

Those are crazy huge numbers. I'm wondering if a big, established brewery is about to open up their market in Europe. Here's the link for anyone who missed the PR.

https://www.globenewswire.com/en/news-release/2023/08/30/2734247/0/en/BrewBilt-Manufacturing-Moves-Into-the-117B-Europe-Global-Market.html

And even if those numbers are overly optimistic, as all businesses seem to exaggerate a little, this paragraph from the August 15th press release is very encouraging as well...

"Jef Lewis, Chairman & CEO, stated, “Brewbilt is strong and resilient. Although we have over $1M in orders under production and future orders totaling approximately $1.8M, the brewery industry, in general, is waiting for interest rates to drop. We have decreased our need for investment funding in the 3rd quarter, and we are focused on eliminating all of the convertible notes on our balance sheet by 12/31/2023.”

https://www.globenewswire.com/en/news-release/2023/08/15/2725467/0/en/BrewBilt-Announces-Positive-Second-Quarter-Financials-and-Growth.html