Replies to post #13016 on BrewBilt Manufacturing Inc (BBRW)

[Arthur]

From the July 2018 10-Q:

On February 23, 2018, the Company entered into an Exclusive Agreement for Distribution with Gold Country Soap Co. (“GCS”), whereby GCS will exclusively distribute on the west coast for the company’s CDB Products. GCS has committed to and submitted a purchase order for $3,000,000 of product at negotiable prices for a period of 24 months for distribution.

Source: https://www.otcmarkets.com/filing/html?id=12733434&guid=mkHtUqODiSJ-N3h

In the next 10-Q, the text had slightly changed:

On February 23, 2018, the Company entered into an Exclusive Agreement for Distribution with a west coast distributor, whereby the distributor will exclusively distribute on the west coast for the company’s CDB Products. The distributor has committed to and submitted a purchase order for $3,000,000 of product at negotiable prices for a period of 24 months for distribution.

https://www.otcmarkets.com/filing/html?id=12921082&guid=mkHtUqODiSJ-N3h

At the time I checked the Gold Country Soap Co. website, and they had no hemp soaps on display.
Now they do: https://gcsoapco.com/product-category/soap-bars/

There's no evidence that VTNL contributed to those soap bars, or get royalties on soap bar sales.

In a recent VTNL PR, which I can no longer find, the CEO was telling that the soap company and VTNL had an agreement to develop and launch a CBD soap or shampoo for pets.

That a far cry from the $3M order that he was touting in 2018.

Last year, VTNL was boasting of $9 million dollars in supply contracts, which never materialized to sales in the financials.