downdraft
1 week ago
They've been on the Expert Market for many weeks now. Unless you live in Canada, or are a broker, you can't buy the stock. You can place a sell order but I doubt anyone is going to buy it. Once I placed a very tiny sell order, MARKET order, just to see what would happen, and sure enough they sold my shares for zero dollars per share. I also tried a tiny LIMIT order at $0.0001 but it never went through and on the Expert Market the orders can only last 1 day. That 15-12G filing allows them to not have to do their required filings. It's a good thing they filed it. They had just made a mistake when they initially filed the form which would have shut the ticker down, but they saved it when they updated that filing.
I've been involved in two tickers that had full blown suspensions (one by not filing the 15-12G) and they both eventually came back to life, a couple of YEARS later. For now, we're just stuck unless the company decides to either resurrect the ticker with all of their filings so it can be tradable again. I'm not even looking at it right now as it appears the OTC market could pop like it did in early 2021. Money has finally returned to the OTC. I'm focused on RDA$, GRL$, HMB$ and AXX$ for now, and longer term with IFU$ and IGP$.
Every couple of weeks I keep checking to see if anything is being built on Sutton Way in Grass Valley, but the last Google photo is still dated March 2024. I'll just hold my shares and maybe they'll decide to keep the public company alive going forward.
One other thing... I read somewhere that these silly OTCMarket rules are going to revert back to the old way around the middle on 2025. It's probably because it discouraged a lot of investors from trading all of the Expert Market tickers, which certainly must cost brokers a lot of commission.
downdraft
2 months ago
With all the common shares that Bennet and Jeff have, I thought they would be motivated to keep it public. The Expert Market doesn't kill it yet but 6+ months of silence certainly doesn't sound shareholder friendly.
Even if they go private, we should still see an offer for our shares, but if it's an offer from a tight knit group of friends, we'd probably be lucky to break even.
For now, I'm focused on IFUS for a long term play. They're hopefully only 4 months out from launching in earnest.
They've solved how to break down the lignin in sugar cane stalks which have been piling up in mountain size piles all over Louisiana for 100+ years. Their product is a cattle feed substitute called SGP+ that is dramatically lower in cost than hay while making cows healthy.
Within 16-20 days of starting this diet all flies disappear and the cow patties quit stinking. Finally, after a decade+ in development they a university is doing research on why it actually works so well. Plus the Louisiana state legislature is awaiting the results of the findings for the use of bagasse (the sugarcane stalks) which is due February 2nd.
They're also on the verge of partnering with a large cattle operation in India (500,000 cows).
The reason I'm in for a long term play is that the bagasse is in such high abundance that IFUS can sell their products relatively cheap, saving cattle farmers a couple of dollars per day, per cow!
And finally, the improved cow health dramatically decreases methane emissions. I've been slowly buying in as pivot points on Barchart are in the upper 5 cent range and we haven't quite pulled back there yet. First catalyst could be if they announce a final partnership with the Indian company.
Even if IFUS only signs up enough cattle farms with a total of 20,000 cows next year, at a dollar per cow, per day, savings to the farmer, and maybe a dollar to IFUS, they could still make $7 million annually. And get this, the worldwide cattle business is worth over $50 billion annually and India has over 300 million head of cattle. Potential is huge, IMO.
I was hoping to use BRBL profits to put in IFUS. BRBL isn't dead yet.
downdraft
2 months ago
Sure would like to get super lucky here, seeing some kind of merger in the near future.
If I was going to take the company private, Iād sure want at at least $15-$20 million, at the very minimum, from a private investor group, providing enough funding to really scale the business.
Now maybe only 1 or 2 days left should I decide to buy more shares unless they drop those filings ASAP, keeping us from moving to the Expert Market. My cable tv stock is behaving quite nicely, however, so lately Iāve been adding more shares there instead.
downdraft
3 months ago
I canāt solve the puzzle either so Iām left with wild speculative thoughts. One thing that has crossed my mind is that theyāre just quietly absorbing the shares from the remaining shareholders.
If they let the stock go to the Expert Market early next week, then most retail investors wonāt be able to buy any more shares and some retail investors might throw in the towel, making more shares available to a private investment group.
Or maybe the quarterly news is good enough that they donāt want the stock to run until the Preferred A shareholders can convert their shares to common shares at 1/2 of the closing price, essentially giving them shares at $0.00005 per share. That should give the principal owners, as well as the promissory note lenders who have the Preferred A shares, most of the shares of the company, except for the small handful of retail investors as well as the shares that could convert from remaining convertible note holders.
Or, maybe they just need one more week to announce a big, fat juicy deal!
Hope we donāt get burned. Iāve been caught in other stocks that found a way to screw over existing shareholders. Thatās why I stay well diversified in OTC plays. Weāre in need of some serious luck on this play!
downdraft
3 months ago
It also might be that some private investor group wants to step in and be a part of a future behemoth brewery if that group contributed enough funds to buy them out.
I've mentioned before that the promissory note lenders could be a part of that group, creating a closely knit group of friends and associates who would own the company without the hassles of running a public company.
But first, remember this is pure speculation and not investment advice. I am not a financial advisor so it's essential that you do your own due diligence.
Anyway, if I was one of those promissory note lenders who saw the success of the taproom after such a short period of time after opening, along with seeing the growth in beer sales via the new distributor, it certainly would make me believe that the company has the skill set to grow the company into a behemoth regional and nationwide brewery, if they had the proper funding.
So since BRBL is proving their success, those investors might be dreaming big about becoming early owners of a very large brewery someday.
Who knows how it's all going to play out, but from my perspective I might only have less than 2 weeks now to buy more shares in the event the company gets bought out, in case they end up up on the Expert Market in advance .
If the company wasn't firing on all cylinders, these thoughts wouldn't even come to mind.
Let's step back a second and think about the large hospitality franchise company again. If they do even exist, they too would have seen the stellar success of the first BrewBilt brewery, which should give them confidence that a microbrewery franchise might indeed be a very good business investment, especially since microbreweries in general have proven to have better profit margins than franchise based restaurants, and there are many deep-pocketed investors always looking to buy into a new franchise operation.
Plus, business loan rates have now started to fall so if they spent the next 1-2 years building franchises, then this pending recession could be over about the same time that the microbreweries started opening up.
Just food for thought.
downdraft
3 months ago
Sure hope they surprise us with stellar news in the next couple of weeks, but they did let the sister company go to the Expert Market and it's like it doesn't exist anymore without a web site.
It feels like they've tired of running public companies along with all of the expenses for all of the filings. Feels like they might go private.
However, I always thought that top management was getting their $200k+ annual salary via all of their convertible debt at the sister conpany so where would they get that money from going forward?
It's so strange since the brewery itself is seems to be firing on all cylinders. A long shot would be that a large private brewery would step up and buy them out, but maybe not if they were a public company since a certain key brewery is privately held and might not want to acquire a public company.
Plus a key brewery that I'm thinking of made their first ever growth-by-acquisition play earlier this year, and it was a private company. This is such extreme speculation that I won't mention any names.
Since I have other stocks that I found earlier this year, I'm not overly tempted to load more shares before/if they go to the Expert Market, especially since we haven't heard a word about a larger brewery or anything about microbrewery franchises.
downdraft
4 months ago
I'm still thinking about it since I saw it yesterday. On one hand it's good of course since they won't get suspended if they don't get all of their filings in on time. So maybe the quarterly is on the way but I'm not so certain anymore after the sister company has gone dark.
I've wondered if maybe they might get bought out or if they have intentions to take the company private, avoiding all the costs and headaches of being a public company. The logic from the buyout side is that the sister company never claimed any patents for their portable transfer unit that seemed to be pretty popular. So if they got rid of that company altogether, then a big company could just buy the brewery and kind of assume the ability to have those transfer units made by the brewing company without out having to buy all the bad debt at the sister company. These are just speculative ideas that came to mind and certainly not investment advice as I'm not a financial advisor.
However, if a big company was able to get exclusive rights to those transfer units, that would give the larger brewer a huge advantage since they would be able to transfer liquids faster, while their competition would no longer be able to get those units. What if all of their transfer operations simply made it 5-10% faster every day, essentially allowing them to make 5-10% more beer daily/weekly/annually. For a brewer that makes hundreds of millions in annual revenue, that would add a boatload of revenue to their annual sales, making it a reasonable proposition to buy out the brewery.
Another idea would be that the brewing company goes private. Since those promissory notes last year to the company all seemed to originate from friends and associates and not established lending companies, then between the common shares those promissory note lenders could get from their convertible preferred shares, along with the shares that the insiders have, that should give them more than 50% of the shares of the company.
Or, maybe they're just running late on their filings. Kinda really hard to guess the direction of this company as they sometimes follow through with what they say, and sometimes not. So I wait. Might take a couple hundred dollars off the table if I can and steer it towards I-F-U-S as a long term play. After 3 years I'm still not making money here.
downdraft
4 months ago
I'm still thinking a very cool, but long-shot, scenario would be if the company could buy that brick building right across the street and turn it into a second brewery/expanded tap room location. The BrewHaus certainly is situated on a slick corner, just down the street from a decent size parking lot, and near other popular business establishments, allowing them to get a ton of visibility from the tourists that flock through the town.
downdraft
4 months ago
My guess is they're just taking a little breather with their tap room success. For the first time ever, they could be $10,000-$20,000 cash flow positive every month. That's got a be great feeling for them. Maybe they're just stashing some cash until interest rates start coming down on business development loans, which will finally start at the end of next month when the Fed starts cutting rates for the first time in years. It takes big loans to make a substantial change in growth so I still think before the spring of 2025 they could be blazing new paths, which we would likely hear about before the end of the year, IMO, unless they've decided to just take the slow and steady growth path with the BrewHaus and the current brewery. That would be a lot less work than growing a monster-size brewery someday but I'd prefer to see a huge surprise to the upside!
downdraft
4 months ago
$BRBL is still making the kind of forward progress that I like to see. More specifically, it's the continual production of new types of beer that increases my confidence in the company. They now have 10 beers listed on their web site including Natural Monument that was just posted about last week on their Facebook page.
BrewBilt Brewing web site
BrewBilt Brewing Facebook Page
For me it's just a numbers game with the beers. The greater the number of beers they produce, the more that can be entered in the beer contests and categories every year. It simply improves the odds that one of them will end up with a significant national award someday, really pushing BrewBilt Brewing into the spotlight.
Then, if they land a big award, they are expertly positioned to be able to quickly scale in size because of their equipment manufacturing skills. So I'll wait patiently because if they do land a big national award someday, we could see a massive increase in exposure for BrewBilt Brewing, along with a jump to the next level in their growth.
I'm simply counting on it happening someday; maybe this year, maybe 2025, maybe 2026. It doesn't much matter if it takes several years as I believe they have the right team of players to pull it off. Just my opinion; not investment advice.
downdraft
4 months ago
Looking forward to the 10-Q early this week. I'll bet the sister company wished they would have spent their early years building a brewery instead of being in the manufacturing business but at least it allowed them to learn about all kinds of competitive breweries along the way.
Heck, if they let the sister company go to the graveyard, focusing all of their energy on the brewery instead, that might give them a lot more time and money to turn the brewery into a monster-size brewery, or microbrewery franchise, someday. Still here for the long haul.