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Re: NewJerichoMan post# 3503

Monday, 10/16/2017 9:38:55 AM

Monday, October 16, 2017 9:38:55 AM

Post# of 11429
First shorting the box, then retracted as theory. Now claimed it's CocoLibre folks dumping. You now suggest here there is still 5% remaining for CocoLibre to sell… of their total alloted deal 2.2 Million NBEV shares. Yet: 1.) they cannot sell more that 440,000 shares per month (20% max per month of total acquired). You posted most of the total 2.2 Million shares sold in under a month and a half. 2.) why sell? In particular if NBEV is just getting going and share price will be much higher, and that CocoLibre folks also got $2 Million cash as part of the deal, plus $1.5 Million debt relief. 3.). as srg4444 points out, where are the filings of the sales? Yet, most obvious… 4.) CocoLibre folks cannot have sold their deal-acquired 2.2 Million shares (under your premise) until and after OCTOBER 1ST, 2017, six months post the deal. Yet you exampled them selling near a 95% position (not the required 20% max per month) mostly in September (and early October), which in fact is the final month of the six month lock-up period where CocoLibre folks could not sell their deal-acquired shares at all!

Previous graphic with text of the NewAgeBev deal acquision from CocoLibre:
https://mobile.twitter.com/FFBallAppraiser/status/910807603265118208/photo/1