Thanks kindly! Really great to have your support for BRBL and GEGR on Twitter!
The turnaround appears very close now. It is somewhat dependent on the company and somewhat on new investors. With that Equity Purchase Agreement in place since last year with Mast Hill Fund, investors can really help.
Even if the stock just gets driven up to $0.004 with investors help, then by late fall, which is the time frame I expect they'll need to start raising funds to start developing the 12 acre property for the construction of the 70,000 square foot, Phase II brewery, to be opened in 2025, then there's only a fraction of the dilution required to say raise an initial $3 million dollars at that price, compared to $0.0004.
A $3 million raise at $0.004, which is really at $0.0036 since Mast Hill gets to purchase at 90% of the "Market Price" as defined in the Equity Purchase Agreement, is only 833.3 million shares of additional "dilution". That's nothing for a company that expects to be profitable this year and according to SRAX has solid revenue projections, which are approximately $3 million in 2023.
Plus, by the fall, gross profits will be even higher at BRBL, especially with the expected opening of the taproom in Nevada City. The company showed us that their $4,500 barrel cost turns into $27,000 when sold at a taproom. The extra profits will really help!
Having a professional sales team in place makes a huge difference! The company is growing customers daily so they're really doing their part. As investors here, we can help by slowly growing the stock price so that when BRBL needs to do a capital raise, it's at a higher price.
I'll just keep nibbling away at shares when I can. Hopefully some original investors from the past take a second look. I've been burned to the tune of tens of thousands of dollars via reverse splits in other stocks when I was first learning this game, so I understand the reluctance to gamble here, but it does appear to me that a turnaround is on the horizon.
When BRBL makes a move to a higher exchange, as they've stated they intend to do, then new investors who don't play the high-risk OTC will be happy to jump on board. Once the company applies for the Type 1 beer manufacturing license for the Phase II facility, they'll have made the leap to become a huge player in the craft beer market. The big beer companies will take notice! They might even want to buy them out since craft beers have been taking a huge bite out of beer sales!
Just my opinion; not investment advice! I'll continue to post more information to make it easier for new investors to see what's at play here. That way they can decide if the risk is right for them.
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