Replies to post #35354 on BrewBilt Manufacturing Inc (BBRW)

[ohhbeer]

need room to merge 2 stocks together and SIML has 3 billion shares.

that would be 7 billion Outstanding shares and a 13 Billion share buffer in the treasury.

and FYI, BBRW has always maintained a 60% or more authorized shares in their treasury, suddenly you feel they will try to fully dilute? the shareholders will vote to agree? and the banks will authorize? why not just sat the stock will go to $12.50 tomorrow, just as believable with conflated evidence

[ohhbeer]

Yes i remember the last one. They had 5B, started hetting close to 40% and added 5B more, and everyone created mass panic over it, since then they never used all of the first 5B as was feared.

Big moves and plans require a lot of authorized, unused shares. New company divisions, mergers, conversions or even just to use on balance sheets for credit worthiness. It is not always, and less than normally, a sure signal of intent to dilute a stock. To use the existing number to double the authorized shares is not strange. If tgey added 50B or even 11B maybe it would be more alarming. But to use a big round number like the current total is not.