BrewBilt Brewing Co (BRBL)

[downdraft]

Well, would you look at that! A new outstanding share count came out late last week (I missed it) and it was unchanged! I'll have to refine my guess that some of the private investors from mid-year last year must have had their loan paid off with new investor money, or they got new loan extensions as some of them were due starting in December. I had been expecting convertible preferred conversions as some could have gone into default.

I remain further intrigued because of the land development going on in Grass Valley. I'm completely convinced that the city of Grass Valley is fully behind BrewBilt in getting a Phase II brewery built there someday. That business award from the city last year is gives me even more conviction. After all, a large brewery, taproom, restaurant and brewseum would certainly open the door for more long-term employees in the city, helping the city grow further. Remember, I believe that BrewBilt will become a behemoth of a regional, and eventually nationwide, beverage company someday, not just a small one-location taproom; I mean a true beast of a company!

Of course I did add more shares last week, a little bit at a time.