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Morning Buc. 10-50 is a bit premature. Huge potential here but let's break 1.00 and see 1.50 before getting crazy.
10.00 to 50.00?
This company has come a long way. Great management, solid growth strategy. Will be a big winner in 2024.
I remember SBEV since an OTC. Now on the road to 10-50 per share
$CNMF merger with Splash Beverage Group. They sell the Tapout drink which is being promoted by Tom Brady and they already got a distribution deal with Walmart, $WMT Kroger $KR and Target $TGT Also the co-founder of the company used to be a senior Vice President at Redbull #Stocks
— Stock Picks NYC (@StockPicksNYC) July 22, 2020
$SBEV Globe Small Cap Research Report out- Summary of our Research Findings • Portfolio of American beverage brands, creating multiple entries into $1.6 trillion beverage market • Brand acceleration platform supports developing beverage brands and opens opportunities for acquisition of pre-existing brands with high visibility and innovation • Key authorizations and distribution agreements include Walmart, Target, United Natural Foods (UNFI), WinnDixie Stores, Circle K, ampm, Mexcor International, Love’s Travel Stops and more • Alcoholic and non-alcoholic beverage brands boast natural quality and sustainable packaging • Strong 2022 expansion efforts have poised the company to greatly accelerate throughput in 2023 • 73% revenue increase reported Q3 2022 • Executive team and board of directors have 140 years of combined beverage industry expertise and industry relationships • Celebrity brand ambassadorship with NFL great Drew Brees • Establishing e-commerce B2B and B2C platform to deliver higher margin revenues and enable instant coast-to-coast coverage in shifting U.S. regulatory environment We encourage investors to visit SBEV’s website (https://SplashBeverageGroup.com/) for further due diligence.
Splash Beverage Group Inc. (NYSE American: $SBEV) US$1.01 Per Share Market Cap: $40.10M 52-week range: $0.95-$5.60
https://www.dropbox.com/.../SBEV%20Corporate%20Report.pdf...
Green again!!
Awesome day...
I honestly thought I posted here earlier, not just a good day, a great day, seeing what the market was doing out there!!!!
$SBEV
Very nice movement here today.
Me too or another words does a bear s*** in the woods..
Just getting started my friend
Yup grabbed some high .60s I think this could really Reinhard this afternoon and tomorrow
You in this with me Lopes??
no it wasnt apparently. youre about as psychic as a drunk squirrel.
are you retarded? SBEV is not on the nasdaq. its on the NYSE.
Savor the flavors of success and outstanding shares with Splash Beverage Group Inc. ($SBEV) on NASDAQ, a testament to their versatile portfolio.
With an impressive trading volume of 227,686 and a current trading price of $0.7255, Splash Beverage Group Inc ($SBEV) is advancing.
Trading at $0.7742 - Splash Beverage Group ($SBEV) is making a splash on the market.
As a NASDAQ-listed company, Splash Beverage Group Inc. ($SBEV) shines in the market. With a trading price of $0.7725, they're making a positive impact in the beverage industry.
10q out, not really impressive. Wpa -0.13 in q2. Net revenue is going up too slow to cover huge company expenses. Unbelievable they have such high expenses. If they cannot get a grip on that, they will keep to issue shares to raise money again and again.
With a trading price of $0.7548 and a trading volume of 593,972, $SBEV ability to maintain momentum is impressive.
The success wave in the stock market is being ridden by Splash Beverage Group Inc ($SBEV). At this time, the stock is valued at least 30+ million dollars.
$SBEV unwavering commitment to innovation and well-being is making waves in the market, evident in the impressive market cap 29.674M. Consumers are drawn to their offerings that delight and inspire.
Next finance round in the .50?
They probably need another cash round. If you want to buy wait for the drop upon announcement
yea it will probably be back at 1.00 again soon IMO.
$1.58 and heavy volume on no news
Splash Beverage Group Inc. (NYSE American: $SBEV) US$0.91 Per Share Market Cap: $40.10M 52-week range: $0.75 -$5.60
https://www.dropbox.com/s/gkfw6bvbqiq6jng/SBEV%20Corporate%20Report.pdf?dl=0
Now is a great buying opportunity, revenue growth in 2023 will be off the charts.
The problem is the money they need to expand. Following this already a long time. When it dropped massive below .02 on 1 day it seemed a good buy. Glad I did not buy in that time.
"I saw the PR from Splash last week and have been watching TapouT on the shelf in the 2 stores by my house and one day it's full , the next it's blown, and filled again, wow seems to be really flying "
Sold out at Publix, amazing sell through, just getting started.
So with the new filing the average price of offering is 0,625?
CEO interview = 2023 Acquisitions
https://www.dropbox.com/scl/fo/upiwertki1vkix6fgcvzj/h/BBS%2012-8-22%20Robert%20Nistico.mp4?dl=0&rlkey=nn79bqabkbizufx2bggq1nuf0
$SBEV News- Splash Beverage Group Adds 9 Distributors to Cover Latest TapouT Retail Authorizations in Southeastern U.S
#StockMarket #Beverage #BeverageIndustry #SBEV #NYSE #McapMediaWire #PressRelease
https://www.otcmarkets.com/stock/SBEV/news/story?e&id=2399247
Strong 2022 expansion efforts have poised the company to greatly accelerate throughput in 2023
what the HECK does THROUGHPUT mean? Isnt there an English speaker that can edit these PRs? they cant even afford that? pffffff
UP 7% on Globe Small Cap Research Report Out :)
$SBEV Globe Small Cap Research Report out- Summary of our Research Findings • Portfolio of American beverage brands, creating multiple entries into $1.6 trillion beverage market • Brand acceleration platform supports developing beverage brands and opens opportunities for acquisition of pre-existing brands with high visibility and innovation • Key authorizations and distribution agreements include Walmart, Target, United Natural Foods (UNFI), WinnDixie Stores, Circle K, ampm, Mexcor International, Love’s Travel Stops and more • Alcoholic and non-alcoholic beverage brands boast natural quality and sustainable packaging • Strong 2022 expansion efforts have poised the company to greatly accelerate throughput in 2023 • 73% revenue increase reported Q3 2022 • Executive team and board of directors have 140 years of combined beverage industry expertise and industry relationships • Celebrity brand ambassadorship with NFL great Drew Brees • Establishing e-commerce B2B and B2C platform to deliver higher margin revenues and enable instant coast-to-coast coverage in shifting U.S. regulatory environment We encourage investors to visit SBEV’s website (https://SplashBeverageGroup.com/) for further due diligence.
Splash Beverage Group Inc. (NYSE American: $SBEV) US$1.01 Per Share Market Cap: $40.10M 52-week range: $0.95-$5.60
https://www.dropbox.com/s/gkfw6bvbqiq6jng/SBEV%20Corporate%20Report.pdf?dl=0
- #StockMarket #Beverage #BeverageIndustry #SBEV #NYSE #McapMediaWire #PressRelease
Splash Beverage Group Inc. (NYSE American: SBEV) US$1.01 Per Share Market Cap: $40.10M 52-week range: $0.95-$5.60
November 25, 2022
SBEV: Executing on Strategy; Increased Distribution Driving Sales Growth
Splash Beverage Group is a fast-growing player in the beverage industry with exciting prospects across its brand portfolio, which includes Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration/recovery drinks. The company's strategy is to develop and rapidly accelerate its current portfolio as well as acquire new early-stage brands. Splash is led by a management team with significant prior experience managing top brands in the beverage industry from product launch to billions of dollars in annual revenue.
Recent results. 3Q22 gross sales of $5.1M, +76% Y/Y. On a nine-month basis, revenues have increased to $14M from $8.6M last year, +64% Y/Y. Gross profit increased 40% to $1.1M Y/Y and has improved 18% to $2.6M for the nine months YTD. Cash and equivalents were $2.6M, positive net working capital of $3.5M ($8.1M in liquidity). Operating loss was $5.1M for the quarter.
Takeaway. The company understands that distribution is key to success in the beverage industry. It continues to focus on expanding its distribution network, adding nine new distribution/sales agreements with distributors and retailers in 3Q alone. As more retail and distribution partners are added, inventory stock has also become vital because the company must ensure it can adequately supply its distribution network.SBEV is currently evaluating traditional credit facilities to fund its growing inventory needs which we see as a positive sign.
The company continues to bring in highly qualified individuals to lead its growth initiatives. In November, SBEV announced that it has named James Michael Allred to the position of Senior VP of Sales. He will be responsible for leading the sales organization, driving sales initiatives through the company's growing distribution network and building the footprint of its national retail-chain customer base. Prior to joining SBEV, Allred held senior-level positions at AB InBev, with oversight of InBev's largest C-store customer, 7/11.
Outlook. We maintain our positive outlook and believe the company is executing on its strategic initiatives, which includes driving sales growth through a build-out of its distribution and retail networks. While very much still in the early innings, we believe that major distribution wins are driving an acceleration in sales and, as scale increases, profitability should follow. Additionally, there remains significant upside optionality in the development of the eco-friendly CartoCan, a biodegradable can that was acquired in the Pulpoloco acquisition, and aligns with environmentally conscious consumers. SBEV maintains exclusive North American rights to the CartoCan and we believe there may be opportunities to roll this product out across its brand portfolio or sell excess capacity. Our price target of $5, which is based on a 4x 2023 EV/Sales multiple, remains unchanged.
We are proud to have brands such as TapouT #PerformanceDrink in our portfolio as they strive to have top-of-the-line antioxidant and vitamin formulations.
Read more about the powerful ingredients here: tapoutdrinks.com/blog/tapout-an… $SBEV #BeverageIndustry #SportsDrink
Can anyone explain the vote in AS raise? Still plenty of room in current AS. Doesn't make sense.
$SBEV #StockMarket #Beverage #BeverageIndustry #SBEV #NYSE #McapMediaWire #PressRelease
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