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BrewBilt Brewing Full Steam Ahead With $1.2M Projected and $30M Future Revenue

SmallCaps Daily July 12, 2021

194 2 minutes read

Grass Valley, CA – (NewMediaWire) – July 12, 2021 – Today
BrewBilt Brewing Company (the “Company”) (OTCPINK: BRBL) announced that the
Company has officially completed its corporate restructure and has submitted
its Type 22 (Small Beer Manufacturer) license application to the State of
California and has received its Federal Brewer’s Notice to produce and
distribute commercial craft beer in its new high-tech brewing facility in
Northern California.

CEO Jef Lewis stated, “The
Company has commenced construction of its 6,000 sq. ft. brewery which is the
first ‘proof of concept’ facility while currently planning for its 150,000 sq.
ft. facility with tap room. The first facility will be up and brewing between
November 2021 and January 2022 with its 20BBL system producing $1.2M in craft
beer sales. The first facility will produce 66% of its volume in craft lagers
and 34% volume in ales. Our experienced brewers have developed proprietary
recipes for both BrewBilt branded beers and private label offerings. The
Company currently has 112 people who have signed up for our email list
expressing interest in our products. Our legal team has completed the Contract
Brewing Agreement (CBA) which will distribute it to potential clients this
month. The Company’s 150,000 sq. ft. facility will produce $30M annually in
beer, not including tap room revenues and other product sales in various
merchandise.”

ABOUT BREWBILT BREWING COMPANY:
(http://www.brewbiltbrewing.com)

Located in the Sierra Foothills
of Northern California, BrewBilt Brewing Company brews craft lagers and ales
with a particular focus on European-style lagers. The Company offers its own
lineup of craft beers as well as private label and contracting brewing
services. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc. (OTCPINK:
BBRW), who has been handcrafting custom breweries and fermentation systems
since 2014. BrewBilt Brewing’s production staffs are industry veterans using
the highest quality brewing equipment and ingredients available to deliver
outstanding craft beer to California and beyond.

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.