BrewBilt Manufacturing Inc (BBRW)

[downdraft]

Family health issues keeping me much busier than usual. Haven't been on the boards as such. But I assure you my spirit towards BBRW just continues to grow. Just having to scrape money elsewhere now as bills are skyrocketing. Even sold a receiver on Ebay yesterday and as soon as I get paid, that spare $200 goes right into BBRW!

Yes, I agree, this is my favorite of the two BrewBilt stocks now. Early in the year, it looked like BRBL was quickly settling toxic debt and would have profits from the tap room. But that didn't happen. And since BBRW now has a much better share structure, with steady share accumulation, maybe they'll be first out of the gate.

What's interesting is how the company has made it clear in the filings that conversions will really grow the OS (maybe 2 billion shares) , yet folks are still buying. I don't know other folk's reasons for buying, but I'm steadily accumulating because they've suggested they could pay off all of the convertible notes this year. Plus, there's a steady stream of conversions from preferred shareholders who are getting common shares.

I'm thinking big, bad, behemoth beverage equipment manufacturing company someday and just maybe when it runs, it would definitely be unique to have a runner that didn't have any convertible debt! Since conversions are going to take a while to get through, along with tax-loss selling season, I am more than content to slowly accumulate shares at this level.

But can you imagine the day, maybe 1st quarter if/when the company announces they have cleared all of their convertible debt, while continuing to grow their sales, this could become a genuine beast play. No way to know for sure on these lotto plays but I'm taking a bigger gamble, loading a few more shares each month!