Replies to post #21036 on BrewBilt Manufacturing Inc (BBRW)

[jaesmooth]

That's fair. It was absolutely timed. Common trend for sure and you could be absolutely correct...we get rich or it's on to the next lol

[lordboozio]

If the next O/S is under 700 mil, call me Lionel because I’ll be dancing on the ceiling. Agree that they were cute with the PR timing. That said, 700m would represent a deceleration of dilution — the majority of the convertibles are past due and eligible for conversion; if you’re one of those lenders, why wait? If you’re a lender seeing the PPS drop, gotta pull that trigger ASAP.

Non sequitor, but a point I’ve not seen mentioned is the interest rate on the three most recent convertible debt issuances disclosed in the last Q — 10% vs 12 or 24% for all previous notes. I took that as vote of confidence from the perspective of those underwriters, who presumably have access to more exhaustive financial records than we do. But in fairness, a lot has changed since Q1.