NewAge Inc (fka NBEVQ) (NBEVQ)

[NewJerichoMan]

The spinoff is a "paperwork" move per correspondence with $nBEV IR.

I believe this separates the medical-based products (APP, Pedia, Enhanced) as well as the intellectual IP, from the "platform" which is made up of our distribution company and our "on-trend" beverage portfolio (bucha, Xing, Coco, Marley, etc.) which provides the necessary scale to get the "commercialization engine" humming. The separation may be more agreeable to potential suitors who would likely have no need or desire for our distribution network.

Predicting the future is difficult; and the outcome of whether the medical-based products will be a hit or a failure is unknown. But no matter what the outcome, intellectually, I'm digging the business model. Maybe this business plan goes kaput but I think the theory is sound.