Wednesday, November 15, 2023 12:28:45 PM
The other thing that keeps me going besides their hard work, is that do have a vision to scale to more than just a single tap room microbrewery business. The fact that they even hired professionals to create their site plan for the Phase II brewery shows they've been thinking about becoming a large business someday. And when their sister company is making that slick piece of transfer equipment that gets sold to larger brewers, they must think about efficiencies of scale as they grow.
But it's not just that. I hear plenty of griping about top management taking $250,000 in annual salary along the way. For the amount of work they've done to reach where they are, that sounds quite fair, especially in California. And for Jef or Bennett, who likely have competitive eyes on Sierra Nevada Brewing as a roll model, their $250,000 annual salary would seem like a pittance compared to where they see it could be if they grew into a large regional brewery someday.
The owner of Sierra Nevada is raking in the cash! I'll bet Jef and Bennett would love to grow BRBL to where they could make $2.5 million per year in salary. They show the signs of very motivated, hard-working individuals and we're just early in the game here. Give it a year or so and I bet we see them break ground on that Phase II brewery. Lots of people in Grass Valley would benefit from a large brewery in the region and I think the odds of it happening are quite strong.
I'm just not looking for a short term spike in the stock price; I'm gambling that this company will become a beast of a company someday, raking in tens of millions in annual revenue, eventually rewarding shareholders as well.
Recent BRBL News
- Form 15-12G/A - Securities registration termination [Section 12(g)]: [Amend] • Edgar (US Regulatory) • 09/17/2024 07:24:33 PM
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 09/03/2024 01:31:17 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 09:11:29 PM
SANUWAVE Announces Reverse Stock Split, Note and Warrant Exchange, and PIPE Offering • SNWV • Oct 18, 2024 9:31 AM
Vocodia Addresses Recent Stock Price Movement and Future Strategic Partnerships • VHAI • Oct 18, 2024 9:00 AM
Mass Megawatts Announces the Start of an Online Discount Solar Energy Equipment Business with Revenue Recognized for the First Time Since Year 2010 in this Fiscal Quarter • MMMW • Oct 18, 2024 7:32 AM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM