BrewBilt Brewing Co (BRBL)

[Talc Moan]

Dude I just found this in 10q! From July 15th

The Company received a reserve report from an independent petroleum geologist as of March 31, 2013, which utilized the following assumptions:20% working interest (14% net revenue) supported by a “P10” factor, a 10% recovery rate, value for oil of $50 per barrel, resulting in an approximate value to the Company of $8,200,000, an amount in excess of the $7,112,000 recorded on the accompanying balance sheets.

Assets were based at 50.00 a barrel back in March!!!

Oil is 107 a barrel now.

Assets are more like 14 MILLION Now!!!

Scroll 1/2 to 3/4 way down under F-12 section!

http://www.faqs.org/sec-filings/130715/Grid-Petroleum-Corp_10-K/



IMO we have news coming!