BBRW Gained As Much As 500%
In The Past One And A Half Weeks
Amid Bullish Revenue Projections
And Contract Discussions.
Brewbilt MFG, Inc., (OTCMKTS PINK:BBRW) closed up another 25% today to end the day at $.0005. Today's action represented what has been a week and a half long run, that has seen this company move from an open at $.0001 on December 30th 2022, to a high of $.0006 today for a total gain of as much as 500% within just the past one and a half weeks. At today’s close at $.0005 BBRW continues to hold a 400% gain within that timeframe.
Although it is no longer an active pick, BBRW was previously a secret pick released privately to our Platinum Members and it gained 461.87% for them in six weeks!
A full update on our prior release of BBRW as a pick can be seen in one of our earliest public reveals of it as having been a Platinum Member pick in this BBRW news update.
This Is What Brewbilt MFG, Inc., Does:
As explained within the companies OTC Markets profile, Brewbilt is located in Northern California and is one of the only California companies that custom designs, hand crafts, and integrates processing fermentation, and distillation processing systems for the craft beer, cannabis, and hemp industries using entirely American products. The company has been building systems that are pharmaceutical grade for clients that are involved in distillation for the cannabis and hemp industries, which creates larger revenue potential.
Brewbilt MFG, Inc., Projects Revenue Of $200 Million:
The earliest beginning of the growth and attention momentum build for BBRW came on 11/30/22 when the company released a press release in which the Chairman and CEO Jef Lewis, was quoted as saying that he projected $175 million revenue for the company. It was also mentioned within that release, that the company’s 10Q report for the period ending September 30, 2022, showed that assets had increased by about 60% for that period, while sales increased 54% for that same period in comparison to the same time frame in 2021.
On December 26th 2022, BBRW released another press release in which it was indicated that the company is on the path toward being able to attain $200 million+ revenue, which further attracted attention from investors.
Today, BBRW Announced Discussions For A Potential $130 Million Contract:
In a press release today, the Chairman and CEO of Brewbilt MFG, Inc., Jef Lewis, stated that the company has “moved discussions to a potential $130M contract preparation with a major entertainment and hospitality company that owns and operates over 100 hotels, restaurants, and lounges...” Within the same press release Lewis also stated that Brewbilt MFG, Inc., has $1.2 million in orders on the floor, spready between multiple breweries and wineries and also that the company has $12 million in standing quotes.
As we always mention when it comes to any penny stock that suggests numbers that reasonably appear to be monstrous to be coming from any microcap company trading on the OTC Market, the fact that BBRW management has been suggesting that the company is on the path to $200 million plus revenue, should be reason to operate with caution when trading BBRW. That is not to say that this could not happen, as it very well could, but any and all times where a company projects revenue potential that is very many multiples above the entire market cap value of the entire company, it is always safest practice to take precautionary measures should one choose to invest.
Regardless, this will be one that we will continue to keep an eye on, being that it will be very interesting to see whether the company manages to pull off such idealistic goals.
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