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downdraft

09/01/23 3:25 PM

#41500 RE: DD14 #41499

It's starting to look that way. After many, many years of the most egregious dilution and reverse splits that I can remember, finally, years later, BBRW has stated in their most recent quarterly filing that they have been paying off some convertible notes, reducing debt in general, showing a huge increase in revenue compared to the quarter of the previous year, and wouldn't you know it, after all the suffering from many investors, the share structure ends up being remarkably low for a trip zero stock (703 million outstanding shares), compared to most OTC trip stocks that have an OS in the billions.

There's always been two forces at play here - the first is the ridiculous amount of dilution and reverse splits over many years, and the second is the phenomenal equipment they manufacture along with the incredible brand recognition they have achieved at the same time. So if the dilution and reverse splits become a thing of the past because of growing revenues and profits going forward, like they're starting to show, they stand a chance of becoming a very successful and profitable business and that's what brings the big investors in. Looking ripe for a late season run!

Just my opinion; not investment advice.
Bullish
Bullish