Replies to post #11118 on BrewBilt Manufacturing Inc (BBRW)

[Arthur]

Wrong. All shylock-type convertible loans are unsecured. VTNL has no assets anyways.

The toxic lenders get back their money and then some by getting a huge discount (42%) on the shares, and also extremely advantageous trading conditions, like using the lowest trading price of the last 20 days as the conversion basis.

All the toxic lenders need is high volume to get their money back and then some.
They get the high volume they need with "stock awareness campaigns", pumpers, cheerleaders, and with the active help of the CEO claiming huge orders and announcing a bogus stock repurchase program.

Meanwhile when the ongoing mega-dilution is revealed, and when the expected revenues fail to materialize, the stock price goes in a tailspin, and since the dilution continues unabated, the death spiral is complete.

Yes, the CEO had to be either a complete fool or extremely confident to take on so much toxic debt.
If he was so confident in future revenues, he could have negotiated better conditions on the debt, like the possibility of buying back the debt at a mild interest before conversion.

He didn't. From the debt contracts we see, he can repurchase the Kramer debt at a 140% premium after 5 months, and the debt starts converting after 180 days.

That means $400K+ of debt will start being converted by the toxic lenders 3 to 6 months from now, and older debt is being converted and dumped as we speak.

Dilution is hurting your share value, any ways you slice it, even if Rushford manages to deliver on the revenues, which, IMHO, he will fail miserably.

What are you expecting Q1 gross revenues to be ? More than $25K or less than $25K ?