Still hoping we get a blistering hot PR about a hospitality franchise contract. There are other companies that have microbrewery franchise business models in place but since BrewBilt can do their own equipment manufacturing, I would think that they could offer a much more competitive microbrewery franchise opportunity to potential franchisees.
Even though we still have outstanding share issues here, both Jef and Bennett both now have a lot of common shares. And even though the company raised over a million dollars last year via promissory notes that are backed by convertible preferred shares which are likely to keep driving the OS up, it still feels like those investors are on board to collect shares at half the price that regular investors can get them.
Even Bennett himself was one of those investors that loaned the company $460,000 last year via two promissory notes ($295,000 and $165,000) and since I don't see any way that the company can pay back any of the near-term promissory notes (first one due Dec. 30th for $200,000; thought it was the 16th) that are coming due, unless they borrow more money from someone else, then that means that one of the investors is about to get convertible preferred shares around that time, so my play is to watch for a press release right around then, allowing that investor to convert preferred shares to common shares, leading to a temporary spike in the stock price.
I figure if the insiders are collecting shares, as well as some other lenders, one of which is shown as a related party, then maybe all those folks see something big coming down the pipeline.
By the end of the 2nd quarter, we might finally have a meaningful spike in revenues because of the taproom during springtime, along with wholesale beer sales. Plus, if the company was able to convince a half-dozen lenders to lend BRBL so much money last year, then maybe they can find even bigger investors who want to get on board to get the Phase II brewery off the ground.
Anyway, no way to know for sure how it's going to play out. Just my opinion; not investment advice as I'm not a financial advisor. I just like having one very high risk stock play in my portfolio at all times and BrewBilt is the one for me. I like how they always make forward progress even though they're always faced with seemingly insurmountable odds. And I dig how they always focus on very high quality results. Sure enough, for such a small building, they sure did make the taproom functional and nice!
AI
