Just another cracking Market Update by the boys at BROO...

Just another cracking Market Update by the boys at BROO Central.

As both previous posts have pointed out.

The burn rate for cash inside this company is nothing short of a disgrace.
The fact that yet again they (Kent the messiah) have failed to mention anything about the so called China deal is just baffling.
No Sales data?
No Distribution data?
No Production data?
No spiffy video of the messiah with his Brand on shelves in China...just nothing at all.
I mean in 3 years, there has been nothing mentioned about this ground breaking deal. I mean wasn't this the whole reason this company was public listed in the beginning?
Maybe he's thinking that everyone has forgotten that the China deal even exists.

In regards to the CUB deal.
How do we even know fi an order has, was placed are we just taking Kent's word again?
We're yet to see any financials on the CUB production of BROO..bahahahahahaaaaa
On CUB's news pages there is no mention of any dealings with BROO, not that I'm not surprised. It's not like its a ground breaking decision that will impact CUB (Asahi).
We still have no idea from BROO as to where all this beer they've ordered is going to be distributed through?
Are Metcash going to see any? As they've not had stock for so long now!
Kent, we're all still waiting for the aggressive marketing and roll out of BROO and Aus Draught, as per the announcement way back when.

Queensland Distribution.
Absolutely nothing, zero, zilch.
Again no sales data, production data, distribution data?
Is any of the beer going to this world breaking deal?

Ballarat Brewery.
I see this old chestnut has been rolled out again!
I'd thought it important to show at least 1Qtr where the company showed a profit before you could even contemplate this venture.
I'm sure there is a line a mile long of investors wanting to get behind this gem?!

And lastly Sorrento, Mildura and the Ballarat Brew n Burger.
Very little and then nothing mentioned about the above.
With the exception being Mildura where it seems, appears nearly a cool million was poured into upgrades.

So all in all just a really concise and though provoking market update.
I'd like to ask Justyn Stedwell if he actually fact checks any of this before putting his signature to these documents, of if its just a matter of clipping the ticket (collecting money) on the way through?
I'd also like to ask the ASX just how accountable the company secretary is for what is released to the market?

Because as it seems ..... there is total lack of accountability from anyone associated with this company.

Again thanks lads for keeping us all in the loop, brilliant work as per usual.

K.