These Sales Forecasts Turned Heads On Tuesday

By: Dylan Sikes – AllPennyStocks.com News

Tuesday, May 24, 2022

A California-based micro cap turned some heads on Tuesday after the company announced that their two-pronged sales strategy is set to reach a minimum of $20 million in annual sales by the year 2027, according to the release. Seeing that the company’s market cap is under $1 million currently, it’s no wonder that shares of BrewBilt Brewing Company (OTCPK:BRBL) briefly rallied during Tuesday’s session.

Located in the Sierra Foothills of Northern California, BrewBilt Brewing Company produces its own BrewBilt branded beers, as well as providing private label and contracting brewing services. BrewBilt Brewing grew out of BrewBilt Manufacturing Inc., a company that has been handcrafting custom breweries and fermentation systems since 2014.

As previously mentioned, shares of this company rallied strongly today, reaching highs of $0.0011/share (+57.14%) at the intraday peak. The stock went on to close relatively unchanged from Monday’s close, arguably due to the macro selloff in the broader equities markets.

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