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downdraft

10/17/23 9:38 AM

#70262 RE: jimtash #70261

Don't know. I was counting on the hospitality contract. The BrewHaus should make them some decent money but nothing spectacular without 20+ franchise microbreweries in California and Florida like they stated would happen. Without that, they need to win a huge national beer award, which is how many small operations go big-time. When Sierra Nevada Brewing got started, there wasn't much competition and they got lots of awards, giving them massive recognition. Nowadays, BrewBilt has to compete against nearly 10,000 micro-breweries across the nation for a top beer award, keep the odds of winning very low.

Kinda stuck now; I just have to wait to see if they surprise us with the announcement of the BrewBilt BrewHaus franchise operation, or something else. We might get a small pop on the opening of the tap room, but I'll just hold my shares anyway as BrewBilt still has a very significant advantage in scaling up because of their manufacturing capability, just like Sierra Nevada had as well. It might take several more years but I had numerous trip 1 stocks that I gave up on in the past that ended up running to copper several years later. I'm just waiting it out for the long haul.