Splash Beverage Group Inc (SBEV)

[infamous]

Yea the BUSINESS might, but not the STOCK that killed everyone. Thats what reverse splits are for...to save businesses then kill shareholders. Ty sbev

[zerohedge]

thankfully none of your story addresses the actual business itself.

watch the business and the "infection" that's the typical promoters and rank in file OTC PINK "deal meisters" have used in the past will be done with.

we see it all the time. there are usually smaller investors that troll the water and sometimes a great business gets stuck with these cats. they're fun to work with sometimes but they're expensive.

the business is getting bigger, revenue growing, and the truth is that these OTC #banksters will be gone, and the early growing pains remembered.

watch the business. it'll be fine.

[infamous]

ok but heres the CURRENT story...before the RS people bought a TON at 1.15 to 2.05 range due to Larrys(promoter) pumping and pushing. Then after the RS and uplisting, the insiders( i bet including Larry) DUMPED their free shares all over the shareholders(mostly premarket just in case), and now all those shareholders who got in at 1.15 to 2.05 are now down over 85% of their money. Great story for the generations. and to top it off, i bet this stock will be below 1.00 soon and eventually lose its uplisting status. big problem here was that they didnt uplist to the NYSE national market. they uplisted to the generic ANEX market disguised by NYSE listing.

[zerohedge]

watch the filings and their sales revenue moving ahead - and you'll see. a different story.

[zerohedge]

that's two years old and its legacy accounting from the past business history of the shell company as merged into the business of splash beverage

[zerohedge]

they had a legacy position that's now gone.

they paid a guy in CV notes a while ago reality is that they can pay it off and cash at bank is ample

[infamous]

lol. this will go under 1.00 and then lose its status IMO

[zerohedge]

already gone dude - everyone converted for the uplift.

vs cash at bank this isn't anything to worry about;

[Buck Russell]

Good lord. 85 million shares today

[infamous]

GOOD STUFF HERE TOO. READEM AND WEEP...


Interest expense on the convertible bridge loans payable was $8,000 and $8,000 for the three months ended September 30, 2021 and 2020, respectively. Interest expense on the convertible bridge loans payable was $24,000 and $109,785 for the nine months ended September 30, 2021 and 2020, respectively. Accrued interest was $195,215 at September 30, 2021.



On April 24, 2017, a note holder filed a complaint against the Company for a promissory note in default. The note holder is requesting summary judgment in the amount of $287,215. In September 2021 a summary judgement was initiated against the Company in the amount of $263,215. As of October 2021, the Company has negotiated and paid $217,500 to the plaintiff.

[infamous]

HERE YU GO...
In April 2021, we entered into a six-month convertible note with an individual in the amount of $84,000. The note matured in October 2021. 7 % 84,000 —

In April 2021, we entered into a six-month convertible note with an individual in the amount of $84,000. The note matured in October 2021. 7 % 84,000 —

In May 2021, we entered into a six-month convertible note with an individual in the amount of $50,000. The note matured in October 2021. 7 % 50,000 —

In May 2021, we entered into a six-month convertible note with an individual in the amount of $500,000. The note matured in October 2021. 7 % 500,000 —

In May 2021, we entered into a six-month convertible note with an individual in the amount of $10,000. The note matured in October 2021. 7 % 10,000 —

In May 2021, we entered into a six-month convertible note with an individual in the amount of $200,000. The note matured in October 2021. 7 % 200,000 —

Total notes payable $ 2,794,751 $ 2,239,780

Less current portion (1,638,754 ) (999,736 )

Long-term notes payable $ 1,148,751 $ 1,240,044


Interest expense on notes payable was $82,871 and $13,337 for the three months ended September 30, 2021 and 2020, respectively.



Interest expense on notes payable was $340,653 and $73,236 for the nine months ended September 30, 2021 and 2020, respectively. Accrued interest was $145,445 at September 30, 2021

[infamous]

RIGHT FROM THE FILING HERE...
At December 31, 2020, the Company had liabilities in excess of assets in the amount of approximately $9.4 million. During the nine-month period of 2021, the Company received approximately $19.6 million from the proceeds from the issuance common stock. These events served to mitigate the conditions that historically raised substantial doubt about the Company’s ability to continue as a going concern.




OH AND IM JUST GETTING STARTED. GL

[zerohedge]

where are all of those convertibles you speak of?

apparently not in audited financials so where oh where are they?

[infamous]

sbev so close to getting a notice from NYSE threatening delisting. IMO its going to happen. Worst NYSE uplisting for an OTC to date. These guys should go to jail IMO

[infamous]

wow. all these awards PRd but crappy sales. great job SBEV

[infamous]

SBEV is the BIGGEST uplisting FAIL in the history of OTC uplists. unreal. Thanx to Larry(promoter IR)

[infamous]

and most likely will be the quickest Deletion from the NYSE in history to come IMO.

[infamous]

This has gone down as thee WORST uplisting of a QB stock in the history of uplists. Talk about a bad investment.

[infamous]

ample cash? huh? not only arent they making sht as far as money, but this is a total share selling convertible scam if ive EVER seen one. Im 100% sure once this drops under 1.00(which it will), they will eventually lose NYSE status. omg

[zerohedge]

amazing Q and all cylinders firing.

huge new distribution agreement. adding product lines, ample cash.

#ownership

[zerohedge]

maybe I wrote the book.

[1968cuda434]

Diluting POS just like most of the tickets out there anymore……..everything is a quick scalp at nest anymore.

[infamous]

dumb dumb. i held TSLA call options from the time they announced last split til expiration and made around $110k. You wouldnt even know about such things

[zerohedge]

you'd be the guy who sold Tesla at $25 bucks calling it "dead money" you've got to develop some patience. it would help ups a lot.

[infamous]

lol. are you larrys buddy? Hes the worst promoter in the biz.

[zerohedge]

then learn to have patience. the anger is palpable and honestly it doesn't change the success of the business - nistico is a genius and they're doing great.

[infamous]

Your recommendation not accepted so buzz off

[zerohedge]

from a guy who's clearly not at the same altitude in the beverage business, nor a specialist on unit economics, I'd recommend silence as it plays out. nobody needs your "money" to buy shares. pleased for your patience while we do the heavy lifting.

[Skinny Mulligan]

Now worth half what I paid for this. Based on financials, they have 6 months before they're out of cash again. If holiday spending is kind to them, maybe another 3 months. Contemplating bailing. Might wait til after 4th quarter results are out; the seasonal profit (if any) might help me recoup some loss.

[infamous]

youre a joke. and so is larry the promoter for this.

[zerohedge]

they're cashed up and there's high value things coming - you can imagine the opportunities they have to create value -

[infamous]

sbev at 1.70, diluted more than the SS itself, and larry the promoter MIA. what a company. destroying all their shareholders. sick

[The Night Stalker]

seeing lots of OTC on higher exchanges is that good or bad lol most do the RS BS prior












t

[i_like_bb_stock]

Hope so

[TURCH]

:( - hopefully some news with this float could see a nice spike over 4+



Regards

[i_like_bb_stock]

I’m still under water

[TURCH]

looking good pre-market unloaded a few in the 3.20's reloaded in the 2.6's


Regards

[i_like_bb_stock]

Yes but what a shot show

[TURCH]

you still in??

Regards

[TURCH]

damn shes on fire $$$$$ SBEV $$$$$$

Regards

[TURCH]

warrants in the .70's now pushing over 1

Regards

[TURCH]

yup those 2.20's were a gift!!!!!!


Regards

[makinezmoney]

$SBEV: $3 CRACKED


BOOoooooooooooooooooooommmmmmmmmmmmmm



GO $SBEV

[TURCH]

those 2.20 add look good!


Regards

[TURCH]

Good level to add a few imo


Regards

[StockHighAlert-]

$SBEV CEO Talks Long-Term Strategy in New Interview https://bit.ly/3AM1xj4 @smallcapvoice

[CHRSS]

https://www.otcmarkets.com/stock/SBEV/news/story?e&id=1956798

[infamous]

hahah and the stock is like .90 presplit now when it was 2.00 presplit before the split. POS! and all you pumpers are too

[i_like_bb_stock]

news https://www.otcmarkets.com/stock/SBEV/news/story?e&id=1943796

[Emerging Growth Conf]

$SBEV Replay Emerging Growth 11 / IHub Conference:

Link to Replay and registration for the next Conference here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164813507