BrewBilt: The Day After National Beer Day -- $1.9M New Orders

Rhea-AI Summary

BrewBilt Manufacturing Inc. (OTCPINK: BBRW) announced significant order growth, reporting $2.5M in new orders since January 1, 2021, including a $1M order and smaller orders totaling $900K in April. The company has also received pending quotes amounting to $1.2M. To meet this demand, BrewBilt is expanding its manufacturing space by an additional 2,500 square feet and is seeking another 5,000 square feet to accommodate up to $3M in orders at any time.

Positive

• Closed $2.5M in new orders since January 1, 2021.
• Received $1M order and $900K in additional orders in April.
• Pending quotes of $1.2M.

Negative

• None.

SACRAMENTO, CA, April 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today BrewBilt Manufacturing Inc. (the “Company”) (OTCPINK: BBRW), announces $1M order closed on March 20, 2021, and $900K orders closed in April so far this second quarter. 

Jef Lewis, Chairman and CEO, stated, “We celebrated National Beer Day yesterday and are now sober enough to report that since January 1, 2021 we’ve closed $2.5M in new orders inclusive of Ghost Town for $500,000, the Brewery for $1M, and several small orders for $900,000. In addition, we have pending quotes of $1.2M.”

Mr. Lewis further stated, “We are expanding our manufacturing another 2500 Sq Ft to accommodate multiple orders and seeking additional building space of 5,000 Sq Ft for future orders. This will allow our manufacturing processes to accommodate $3M in orders at any given time.”

Who is Jef Lewis: https://www.brewbilt.com/meet-the-chairman

Visit Our Breweries: https://www.youtube.com/watch?reload=9&v=eAtMrDj7PYA&feature=youtu.be

ABOUT BREWBILT:  (www.brewbilt.com)

Located in the Sierra Foothills of Northern California, BrewBilt 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 “Best in Class” American made components integrated with stainless steel processing vessels using only American made steel. Founded in 2014, the company began in a backyard shop by Jef Lewis with a vision of creating a profitable company in “Rural America”. BrewBilt has built a solid foundation by having strong relationships with local suppliers of raw materials, equipment and services in California, an aggressive referral network of satisfied customers nationwide, and an Advisory Board consisting of successful business leaders that provide valuable product feedback and business expertise to management. The craft brewing & spirits industries continue to grow worldwide. California is where craft brewing began and now has over 900 operating breweries – being centrally located in this booming market was a large draw for BrewBilt to locate its manufacturing facility in the Sierra foothills. All BrewBilt products are designed and fabricated as “food grade” quality which enables the company to build vessels for food & beverage processing. More important, the company has been building systems that are pharmaceutical grade for clients involved in distillation for the cannabis and hemp industries over the past 36 months, thus making the revenue potential much greater. 

FORWARD LOOKING STATEMENTS: This document contains forward-looking statements.  Forward-looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date.  The forward-looking statements are based on management’s expectations and are subject to a number of risks and uncertainties.  Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements.  Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Corporation’s ability to effectively execute its business plans; changes in general economic and financial market conditions; changes in interest rates; changes in the competitive environment; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; losses, customer bankruptcy, claims and assessments; changes in banking regulations or other regulatory or legislative requirements affecting the Corporation’s business; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies.  Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.

Contact:

Jef Lewis, Chairman and CEO 

BrewBilt Manufacturing Inc. -  BBRW 

Call or Text: 530-802-5023

Info@BrewBilt.com

Source: BrewBilt Manufacturing Inc.

FAQ

What is BrewBilt Manufacturing's recent order status?

BrewBilt Manufacturing reported $2.5M in new orders since January 1, 2021, including a $1M order and $900K in orders closed in April.

How much manufacturing space is BrewBilt expanding?

BrewBilt is expanding its manufacturing space by 2,500 square feet and is seeking an additional 5,000 square feet for future orders.

What are the pending quotes for BrewBilt Manufacturing?

BrewBilt Manufacturing has pending quotes totaling $1.2M.

What is the stock symbol for BrewBilt Manufacturing?

The stock symbol for BrewBilt Manufacturing is BBRW.