Replies to post #36204 on BrewBilt Manufacturing Inc (BBRW)

[kennypooh]

"The default penalties alone are worth more than the amount of stock they claimed to buy back."

Yes, and all the unpaid default fees, loan fees and interest, nust be COMPOUNDED Quarterly. Thats why it's called DEATH SPIRAL FINANCING. It 'kills' every OTC company that tries to use it to finance operations, regardless of their 'great potential'.

That's exactly why 99% of all penny stocks have failed to ever reach their 'potential'. Insiders, converible note buyers, and 'traders' have been stealing all the investor's money for years.

[Aquahoya]

The books show this is a legit company. You cannot argue that, period. If the company plans to seriously buy back shares to reduce a large portion of the OS and float, they will have to purchase shares low. Most likely the .002 area. I do not think you have to sit here and post negative comments day in and day out. It's pure mathematics. The group here can spend night and day bashing and bringing in old information regarding the old company, but this company is all over the news and magazines. Their financials indicate upward trend and reduction of liabilities.

Have fun working hard but if they plan to do this share buy back, we all know where this has to go. So, people like me and many others I know are loading 10s of millions of shares and will buy many more as it bottoms out. This will retire me.