My prediction is that a decent/strong 10-Q causes this to take off. That would lend credibility to BrewBilt's explanation for the 1-A, and with performance expectations seemingly so low and a lot of apparent accumulation having occurred, it seems that a big spike (high single digit cents) with stabilization somewhere north of a cent could be realistic.
Of course, prerequisite for all that is a strong Q. If it's anything like the last 10-Q, PPS probably craters, at least temporarily.
Right now we know about three new borrowings (convertible notes) entered into in Q2 from the subsequent events section of the last Q. I'll be checking to see if there are new borrowings, in addition to looking at revenue, margins/expense control improvement (gross margin improvement was a bright spot in Q1), earnings in excess of billings, A/R, etc. I expect that the O/S will have gone up since the last update, but will also looking to confirm that new shares have solely been from note conversions and that the related derivative liability is proportionally lower on the B/S.
Put simply, these guys show decent revenue and no obvious landmines elsewhere, and I think we launch.
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