Simlatus Soon to be BrewBilt Brewing Company and $125M Strategic Partnership With BrewBilt Manufacturing

Rhea-AI Summary

Simlatus Corporation (OTCPINK: SIML) has announced a historic strategic partnership with BrewBilt Manufacturing Inc. (BBRW). The partnership will focus on brewery development, with Simlatus purchasing a facility that will be operational by summer 2021. This collaboration aims to generate significant revenue, projecting beer sales between $25M-$125M over the next 36 months, and revenue of $250M from building brewery systems in the next 48 months. The companies will collaborate on marketing and sales efforts to capitalize on the growing craft beer market.

Positive

• Strategic partnership with BrewBilt Manufacturing is expected to boost revenues.
• Projected beer sales of $25M-$125M over 36 months indicate strong market potential.
• Projected revenue of $250M for brewery system construction over the next 48 months shows significant growth opportunities.

Negative

• None.

SACRAMENTO, CA, March 04, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today Simlatus Corporation (the “Company”) (OTCPINK: SIML), announces BrewBilt Brewing Company and its strategic partnership with BrewBilt Manufacturing Inc. (BBRW). 

Jef Lewis, CEO, stated, “Today is a historical event with Simlatus. The company reports a strategic partnership with BrewBilt Manufacturing Inc., symbols BBRW, and will be filing the PRE14C this month as a part of reorganization to build the brewery. SIML has purchased the facility, and the brewing facility will be licensed and in operation by summer 2021. The strategic partnership will allow revenue capture for customers who want to build a brewery and customers seeking a contract brewery to make craft beer. Both companies will cross pollinate marketing and sales. Projected beer sales are $25M-$125M over the next 36 months. Projected revenue for building brewery systems is projected to be $250M over the next 48 months.”

Watch Video Success Stories:

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 

Simlatus Corporation - SIML 

Call or Text: 530-205-3437

Info@simlatus.com

Source: Simlatus Corporation

FAQ

What is the significance of Simlatus Corporation's partnership with BrewBilt Manufacturing?

The partnership is expected to create new revenue streams and capitalize on the growing craft beer market.

What revenue is projected for Simlatus Corporation over the next 36 months?

Projected beer sales for Simlatus are between $25M and $125M.

When will the brewery facility purchased by Simlatus be operational?

The brewery facility is expected to be operational by summer 2021.

What are the projected revenues from building brewery systems for Simlatus?

The projected revenue from building brewery systems over the next 48 months is $250M.

What is the ticker symbol for Simlatus Corporation?

The ticker symbol for Simlatus Corporation is SIML.