None of this matters! BBRW is going to RUN, RUN, RUN!! The entire OTC is filled with toxicity! It's pretty much everywhere! Doesn't mean the Brewbilt and Jef are doing anything wrong does it?
In the spring of 2020, in an attempt to curb penny share selling schemes, the SEC amended some rules regarding toxic funders? Penny Issuers like BBRW are no longer allowed to sell toxic notes direct to funders unless the funder is a 'registered broker dealer or licensed securities trader'.
However, it also appears some of those same toxic funders and issuers (including BBRW) may be using a new approach to get around those SEC rule changes? Instead of buying notes ( then converting them into free trading shares at 30-60% discount to retail and dumping them in the market), some are apparently buying tranches of newly minted 1-A registered shares (direct from the CEOs at a negotiated discount to retail) and then dumping them into the open market to get their 30-60% commissions. No more converting notes or having to register as a securities dealer?
BBRW has dumped 400 to 500 million shares a month since it's 1-A filing Aug 13, 2020. (No way to tell yet how many of those shares came from old toxic notes being converted and how many came from the direct sale of freshly minted 1-A shares?) Those details won't have to be revealed to shareholders until the 2000 10-K comes out?
It appears some of the the same funders that were buying and converting notes before, are maybe 'diluting' for them in a different way??
Shareholders continue to get crushed by dilution, while the insiders keep the doors open, salaries and consultant fees paid ( $4 million to a fake Florida company Bgreen created by Scott Sand).
Also Proscere Bioscience, the fake Florida subsiduary of SIML, was also created by you know who. It had a residential address in Carlsbad Ca. as it's corporate offices LOL.
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