Replies to post #70389 on BrewBilt Brewing Co (BRBL)

[downdraft]

I'm hoping I have another 3-5 months to accumulate shares down here. With land development and construction loan rates so high, most businesses would likely wait until they drop 3-5% which could take at least 4-6 months based on the way the Fed is projecting interest rates. Just a 3% savings on a $5 million starter loan could easily save the company $150,000 in annual interest expenses. Plus, as winter sets in, that 12 acre property down by the creek will probably be a sloppy mess until mid-spring. I think we have another 3-5 months to go before they can get started on the Phase II brewery but I do think the odds of it actually getting built someday are going up.

I'm still waiting on profits from another stock as I only like to risk profits on this kind of stock play as it's indeed a high risk/high reward investment for me. It's certainly a lot less riskier than it was 7 years ago when the toxic lenders had the company in a real financial jam. But I figure since they were able to survive those more troubling times, they'll find a way to move forward with a regional brewery someday, hopefully starting the land development phase this coming spring/summer.