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Top coconut water maker Vita Coco exploring sale.
Founded in 2004 by two childhood friends in New York..
http://www.cnbc.com/2017/01/26/reuters-america-exclusive-top-coconut-water-maker-vita-coco-exploring-sale-sources.html
Crazy cheap.
Cash, no converts, 250 million users and revenues. No one is watching.
Initiating Coverage.
http://internetstockreview.ning.com/page/biotech-stock-review-initiates-coverage-on-vystar-vyst-m
See report for full disclosure details.
FAcebook.
Did you mean this ?
https://www.facebook.com/PulseBeverageCorporation/
MoneyOnMobile Doubles Limit for Domestic Transfer Business.
MoneyOnMobile Doubles Limit for Domestic Transfer Business
DALLAS, TX and MUMBAI, INDIA--(Marketwired - Mar 8, 2017) - MoneyOnMobile, Inc. (OTCQX: MOMT) announced an agreement with YES! Bank which provides its Indian subsidiary a 100% increase in the daily processing limits for the domestic money transfer business, also known as Domestic Remittances or Person to Person (P2P) transfers.
"We see strong demand for Domestic Remittances throughout India and have been constrained by the limits of our processing volume. We believe this expanded agreement will allow MoneyOnMobile to capitalize on this demand and continue our growth trend thereby increasing processing volume and revenue," said Harold Montgomery, Chairman and CEO of MoneyOnMobile. "We believe that the recent surge in consumer demand for digital finance tools has contributed positive results for our processing volume, leading to a 119% increase since demonetization."
"We are excited to expand our growing partnership with YES! Bank, which began in December 2016, and appreciate the support we have received from the team there," added Ranjeet Oak, President of MoneyOnMobile.
Full Release: http://www.otcmarkets.com/stock/MOMT/news/MoneyOnMobile-Doubles-Limit-for-Domestic-Transfer-Business?id=152842&b=y
MoneyOnMobile, PayPal..Mobile World Congress 17.
MoneyOnMobile, PayPal, and E-Park Discuss Consumer Protection During Mobile World Congress 17
DALLAS, TX and MUMBAI, INDIA--(Marketwired - Mar 2, 2017) - MoneyOnMobile, Inc. (OTCQX: MOMT) announced today that Will Dawson, Executive Vice President, was a featured panelist during Mobile World Congress 2017, along with representatives from PayPal and E-Park. The panel discussed the ways global brands are meeting consumer protection demands and fraud prevention and how MobileConnect, a GSMA product, can be leveraged in that effort.
"MoneyOnMobile is excited about working with the GSMA and the India Mobile Operators leveraging MobileConnect to authenticate users on our payment network. This service provides a simple way to validate both our retailers and consumers, which we expect to help us achieve our aim of payments made easy," commented Will Dawson.
The panel was held in Barcelona, Spain, March 1, 2017, from 11 a.m. - 1 p.m. (Central European Time Zone), Day 3 of Mobile World Congress 2017.
For session information please visit: http://www.gsma.com/personaldata/event/mobile-connect-global-brands-protecting-consumers-reducing-fraud.
Full Release: http://www.otcmarkets.com/stock/MOMT/news/MoneyOnMobile--PayPal--and-E-Park-Discuss-Consumer-Protection-During-Mobile-World-Congress-17?id=152400&b=y
MoneyOnMobile Hires Steve Kann.
MoneyOnMobile Hires Steve Kann as VP, Corporate Development
DALLAS, TX and MUMBAI, INDIA--(Marketwired - Feb 28, 2017) - MoneyOnMobile, Inc. (OTCQX: MOMT) announced today that it has hired microcap author, analyst, and investment banker, Steve Kann, to lead its Corporate Development efforts. Steve is also the author of "Microcap Magic: Why the biggest returns are in the stocks you've never heard of" an Amazon #1 Bestseller in the Investing/Stocks category.
Harold Montgomery, CEO of MoneyOnMobile, said, "We are thrilled to have Steve bring his passion and experience to our business development efforts. Steve has successfully executed on a wide variety of roles in the microcap world. We believe his deep understanding of the microcap space, along with his extensive personal network, will help us grow our business."
Prior to joining MoneyOnMobile, Kann spent approximately 25 years as an investment banker at Bridgewater Capital as well as other investment banking boutiques. Steve has completed more than $300 million transactions in his career such as mergers and acquisitions, IPOs, pipes, and private placements.
Full Release: http://www.otcmarkets.com/stock/MOMT/news/MoneyOnMobile-Hires-Steve-Kann-as-VP--Corporate-Development?id=152149&b=y
MoneyOnMobile Doubles Addressable Market.
MoneyOnMobile Doubles Addressable Market Size of Its Money Transfer Product
Adds 116 New Banks So More Customers Can Send Money Through its Agent Network
DALLAS, TX and MUMBAI, INDIA--(Marketwired - Feb 21, 2017) - MoneyOnMobile, Inc. (OTCQX: MOMT) today announced its mobile payments platform, one of the largest in India, now has access to an additional 116 banks throughout India, doubling its potential customer base, potential revenue and processing volume. Access to these new banks means more customers across the country can complete financial transactions digitally at one of MoneyOnMobile's 325,000 retail merchants.
"This is an exciting move for MoneyOnMobile to expand into smaller cities, towns, and villages with little financial infrastructure," said Harold Montgomery, CEO and Chairman of MoneyOnMobile. "There are only 155,000 branch banks in India and about 200,000 ATMs -- one-tenth the number per capita compared to the United States. So, the 600,000 villages are terribly under-served. When we get MoneyOnMobile into a retail store in a village, the store really becomes a financial services center."
Full Release: http://www.otcmarkets.com/stock/MOMT/news/MoneyOnMobile-Doubles-Addressable-Market-Size-of-Its-Money-Transfer-Product?id=151583&b=y
Kombucha market up 41 percent.
Although it has been available in the U.S. beverage market for about 15 years, kombucha has gained broad consumer appeal within the past several years, according to New York-based Beverage Marketing Corporation’s (BMC) September 2016 report titled “U.S. Ready-To-Drink Tea through 2020.” As health and wellness has progressed from a niche interest to mass consumer appeal, this beverage segment has reaped the benefits.
“It has to be among the least likely categories to foster brands that show signs of igniting among a general audience, but over the past several years there have been increasingly unmistakable signs that kombucha has evolved from being a specialty item among an extreme sub-segment of foodies on the West Coast to a segment of broad interest even transcending the natural-foods channel,” the report states.
The kombucha market grew by an estimated 41 percent to $534 million wholesale during 2016, explains Roger Dilworth, senior editor at BMC. “[We] don’t see it slowing down too much in the future,” he says. “Forty-plus percent growth will be hard to maintain, of course, as the category’s base grows, but [we] don’t foresee issues surrounding alcohol content or sugar content derailing the segment.”
https://flipboard.com/@institution73s6/beverage-stock-review-m1rlrbvsz
http://www.bevindustry.com/articles/90063-kombucha-market-up-41-percent
Beverage Stock Review
I'm editor of Beverage Stock Review Bobby.
Website
http://www.beveragestockreview.com/
Magazine
https://flipboard.com/section/beverage-stock-review-bLYhMl
We don't field questions on things market-related.
Beverage Stock Review
I'm editor of Beverage Stock Review Bobby.
Website
http://www.beveragestockreview.com/
Magazine
https://flipboard.com/section/beverage-stock-review-bLYhMl
We don't field questions on things market-related.
Make that 1900 Stores.
SAN ANTONIO -- CST Brands Inc. has closed the previously announced $425-million acquisition of the Flash Foods convenience-store network from The Jones Co.
San Antonio-based CST has approximately 1,900 convenience stores and gas stations in the southwestern United States, New York and eastern Canada offering a broad array of convenience merchandise, beverages, snacks and fresh food.
http://www.cspdailynews.com/industry-news-analysis/corporate-news/articles/cst-finishes-flash-foods-acquisition
Who is behind Flash Foods?
CST Brands is one of the largest independent wholesalers and retailers of fuel and convenience merchandise in North America, network of over 1,200 U.S. retail stores stretches across the southwestern and north/eastern parts of the country.
The stores offer an array of prepared foods such as signature whoopie pies, kolaches, empanadas and breakfast tacos with homemade tortillas.
CST has also acquired 77 Nice N Easy Grocery Shoppes in upstate New York, 22 Timewise stores in Austin and San Antonio, and most recently, 165 stores of the Flash Foods Network in Georgia and Florida.
A nice cold Coconut water to wash down breakfast tacos, sounds perfect.
CST: http://www.cstbrands.com/en-us/investors
Investor Presentation
Webcast available
11:30 EST
Unique URL to the upcoming webcast of the Mount Tam Biotechnologies (OTC: MNTM) presentation from the 2017 BIO CEO & Investor Conference to be held at the Waldorf Astoria (February 13-14, 2017, New York, NY):
1). MOUNT TAM BIOTECHNOLOGIES (OTC: MNTM) WEBCAST URL:
http://www.veracast.com/webcasts/bio/ceoinvestor2017/44215293449.cfm
Webcast replay available: 1 hour after conclusion of live event
Webcast replay expires: May 15, 2017.
Short Position.
As a short-seller, you ask yourself "do I cover and take out the ask, before Katy bars the door, or am I barring the door by taking out the ask?"
Immunomedics Short Position as of 1/31/17, 22 Million Shares.
http://seekingalpha.com/instablog/295897-roland-rick-perry/4958424-short-interest-20-million-shares
SCM
On February 1, 2017, The Alkaline Water Company Inc. and its subsidiaries (the “Company” ) entered into a Credit and Security Agreement (the “Credit Agreement” ) with SCM Specialty Finance Opportunities Fund, L.P. (the “Lender” ).
On February 1, 2017, the Company drew $686,080.94 from the Revolving Facility, to be disbursed as follows: $628,782.94 to pay off the amount borrowed from Gibraltar Business Capital, LLC ( “Gibraltar” ) under the revolving accounts receivable funding agreement dated February 20, 2014 (paid off on February 1, 2017) and the balance for the closing costs.
Greenwich-based SCM Specialty Finance Opportunities Fund, L.P., an affiliate of CNH Finance, L.P.
SCM: https://www.whoisraisingmoney.com/scm-specialty-finance-opportunities-fund-l-p
CNH: http://www.cnhfinance.com/
AQR: https://www.aqr.com/who-we-are/leadership
In two words.
Coconut Water...
Someone needs to come out with a great tasting coconut water to grab market share..
Oh, wait, I think someone just did!
http://www.bevnet.com/magazine/issue/2016/coconut-water-situation
Wow.
Just read the news. A $1 million SUBSCRIPTION (meaning to be re-subscribed) contract from just one client - in the Fortune 50. We'll dig further.
Even better "BEYOND the software subscription the contract will also include initial sales of BIO-key's fingerprint scanners..."
We'll assume beyond means revenues above and beyond the $1.1 million. We'll dig further on that too.
Pretty Ugly..
If it were portfolio, but it's not. It's a watch list - meaning trying to find unknown beverage companies so anyone can look further into them. There were some crazy names like WDKA, TQLA and MOJO which had one foot in the grave, but were fun to watch (struggle) nonetheless. Beverage are an easy business to get into and an even easier business to flop out of.
Surprised MOJO survived after the losing Chiquita Tropical Juices license, but their fighters.
Three of our personal favorites landed in tho top five, one landed in the bottom five. We'll have some fun new names for 2017
Top Performers.
Top 10 Performing* Watch List Beverage Stocks.
1. New Age Beverages (NBEV). $0.31 to $5.10 up 1,544%
2. Brick Brewing (BRB.TO) $0.84 to $2.84 up 477%
3. Diamond Estates Wines (DWS.V) $0.10 to $0.27 up 175%
4. Celsius Holdings (CELH) $0.99 to $2.61 up 163%
5. MOA Group Limited (MOA.Z) $0.38 to $0.82 up 115%
For full list.
http://internetstockreview.ning.com/profiles/blogs/top-10-performing-beverage-stocks
We will be sponsoring our first investment conference, the Beverage Stock Investor Conference in sunny Southern Florida (Boca Raton) in early February. It is an opportunity for beverage company management, to meet Wall Street professionals interested in beverage companies in an all-day conference. It will additionally be webcasted for the snow bound.
The event is geared to investment bankers, buy- and sell-side investment analysts, fund managers and venture capital firms. We will be open to the public (non-professional) with reservation.
*Watch List issued 2/2015.
Beverage Stock Review: http://www.beveragestockreview.com/
Ice Cream Photo
Not sure how to post a photo, so here's a link.
https://www.pinterest.com/pin/848506386014063496/
Fiber One Brownies.
14 Product Launches That Rocked And Why
Fiber One 90-Calorie Brownies
Two-year revenue: $210 million to $220 million
General Mills turned to Cheech and Chong to help market this lower-calorie chocolate treat aimed at baby boomers.
http://adage.com/article/news/14-product-launches-rocked/243273/
$300 Million in Sales.
Back in 2010. Trying to find new numbers.
The Fiber One lineup now includes yogurt, toaster pastries and pancake and muffin mixes, and together the brand generates more than $300 million in annual sales. Its biggest success: Fiber One breakfast bars the company launched in 2007. "That was a tremendous breakthrough," Clark said. Indeed, for the 52 weeks through April 18, Fiber One was running neck and neck with Kellogg's Special K bar as leader of the U.S. breakfast/cereal/snack bar category, according to SymphonyIRI Group, a market researcher. Each bar had about an 18 percent market share.
http://www.startribune.com/general-mills-makes-a-move-to-added-fiber/93855834/
License to manufacture and distribute Fiber One™ ice cream.
Interesting.
NightFood Reaches Agreement to Acquire Suffield Foods
Marketwired MarketwiredDecember 2, 2016 TARRYTOWN, NY--(Marketwired - Dec 2, 2016) - NightFood Holdings, Inc. ( OTC PINK : NGTF ), a fully reporting "better-for-you" snack company, today announced that it has agreed to terms and signed a definitive agreement to acquire Suffield Foods, LLC, and Hook Marketing, LLC, contingent upon NightFood providing ongoing operating capital for Suffield operations.
Hook has been granted a license to manufacture and distribute Fiber One™ ice cream, and conducts operations through its subsidiary, Suffield.
"Over the last several months, we have had acquisition discussions with numerous companies in the snack space. We believe this deal with Suffield represents a tremendous opportunity, and I look forward to working with the Suffield team to help make Fiber One™ ice cream available to retailers and consumers across the country," stated NightFood CEO Sean Folkson.
Full Release: http://finance.yahoo.com/news/nightfood-reaches-agreement-acquire-suffield-130000714.html
SPOTTED ON SHELVES: Fiber One Ice Cream (4/2016)
http://www.theimpulsivebuy.com/wordpress/2016/04/13/spotted-on-shelves-fiber-one-ice-cream/
License to manufacture and distribute Fiber One™ ice cream.
Interesting.
NightFood Reaches Agreement to Acquire Suffield Foods
Marketwired MarketwiredDecember 2, 2016 TARRYTOWN, NY--(Marketwired - Dec 2, 2016) - NightFood Holdings, Inc. ( OTC PINK : NGTF ), a fully reporting "better-for-you" snack company, today announced that it has agreed to terms and signed a definitive agreement to acquire Suffield Foods, LLC, and Hook Marketing, LLC, contingent upon NightFood providing ongoing operating capital for Suffield operations.
Hook has been granted a license to manufacture and distribute Fiber One™ ice cream, and conducts operations through its subsidiary, Suffield.
"Over the last several months, we have had acquisition discussions with numerous companies in the snack space. We believe this deal with Suffield represents a tremendous opportunity, and I look forward to working with the Suffield team to help make Fiber One™ ice cream available to retailers and consumers across the country," stated NightFood CEO Sean Folkson.
Full Release: http://finance.yahoo.com/news/nightfood-reaches-agreement-acquire-suffield-130000714.html
SPOTTED ON SHELVES: Fiber One Ice Cream (4/2016)
http://www.theimpulsivebuy.com/wordpress/2016/04/13/spotted-on-shelves-fiber-one-ice-cream/
Food Fight
We added Immunomedics (NASDAQ:IMMU) $3.40 to the watch list on September 15th @ $3.00 for reasons unrelated (but not totally unexpected) to today's news, that the venerable venBio has launched a nasty food fight against husband and wife management team David Goldenberg and Cynthia Sullivan (the CSO and CEO) who are also holders of nearly half the board seats.
As for a mini-background on venBio, they noted in a press release related to closing of a $315 million round for Fund II (whose investors included Amgen, Baxalta and Merck) that the two venBio strategic funds have invested in 14 companies to date, including: Cytos (now KURN), Aragon (acquired by J&J), Solstice, Labrys (acquired by Teva), Seragon (acquired by Roche/Genentech), Aurinia (NASDAQ:AUPH), Heart Metabolics, Metacrine, Alexo, Precision Biosciences, Checkmate, Adheren, Apellis, and Nabriva (NASDAQ:NBRV)...these guys are good. Really good.
venBio, which owns 9.5 million shares of Immunomedics or 9%, stated in a press release today that missteps by the couple has torpedoed the Company's valuation and left them with no choice, but to take action - in order to protect the best long-term interests of both stockholders (including their $30 million stake) and patients in desperate need of IMMU-132 treatment and of course, their track own record.
Our original thesis - as simply as we can put it and recall - was that:
A) the shares were down due to non-fundamental reason (see original write-up), as
B) it continues to release encouraging news with regards to unlocking the potential of IMMU-132 (which we call SacGovite), the Company's drug candidate for deadly and near impossible to treat triple negative breast cancer and
C) a potential short-squeeze from a large short position of 19,372,632 shares, down from 22,840,120 shares short the day we added it to the watch list.
When we combined those three factors, put them in a Martini shaker and shook real hard, what poured out was a $12 price target. While we are not raising the price target, we now think this Martini will go down much faster than we originally anticipated.
Read about the food-fight here:
http://seekingalpha.com/instablog/295897-roland-rick-perry/4936021-immunomedics-immu-food-fight
It's BAI not Sell.
Off topic, but great interview.
http://finance.yahoo.com/video/name-bai-not-sell-buy-220805994.html
Dang.
Company has received written and verbal proposals from various potential successor firms, which proposals generally estimate a timeframe of approximately four to eight months to complete the work to allow the Company to file the Reports and the prior financial statements that the Company has previously reported its intention to restate.
Accordingly, the Company has determined that it will not be able to file the Reports and regain compliance with the continued listing standards of the Company Guide by November 25, 2016.
Giants on the Hunt.
They're buying and investing in the smaller guys.
The hurt is accelerating for big CPG. Every single one of the largest eight food and beverage companies had U.S. sales declines in Q1 2016 vs. 2015. This is the “Who’s Who”: Nestle. PepsiCo. Unilever. AB Inbev. Coca-Cola. Tyson. Mondelez. Danone. Together, the sales of this group in this short time period — just one quarter — declined a whopping six percent, or $5.5 billion.
To put this in perspective, in all of 2015, the top five largest CPGs lost $13 billion in sales. Which was already pretty darn bad. But it looks even worse because all this decline is happening while spending on food and beverage is increasing.
The winners here were the little guys. Almost half of that $22 billion went to small ($100 million to $1 billion in IRI-measured sales) and mid-size companies ($1 billion to $5 billion).
Another accelerating trend is large CPGs investing in smaller companies. This, too seems to be happening more than ever before, in many different ways. Some large CPGs have created visible (branded) investment arms (like Kellogg’s 1894 Ventures, General Mills’ 301 Inc., and Coca-Cola’s Venturing and Emerging Brands group). Others have created funds run by people outside of the CPG space, like Mars’ Digitalis Ventures and Campbell’s Acre Venture Partners.
Full article: http://www.bevnet.com/news/2016/nosh-voices-pressure-heres-big-cpgs-will
Solomon Gone.
Interesting 13D by a penny stock biotech executive.
Effective September 23, 2016, the Issuer, Mr. Michael Jay Solomon, the Issuer’s Chairman and former sole officer, and the Filing Person entered into a Stock Purchase Agreement pursuant to which the Filing Person purchased 1,336,676 shares of the Issuer’s common stock from Mr. Solomon and a trust affiliated with Mr. Solomon for a total purchase price of $6,000. The Filing Person acquired the shares with $3,000 of his own funds and $3,000 provided by Mr. Michael Harris, a non-affiliate of the Issuer who is a partner at a law firm representing the Issuer. In connection with the transaction, Mr. Solomon resigned as an executive officer and the Filing Person was appointed Chief Executive Officer and Chief Financial Officer.
$2 billion for Bai ?
Reuters: Bai Exploring Potential $2 Billion Sale
In April, 2015, Dr Pepper Snapple Group (DPSG), the primary distributor of Bai beverages, acquired a $15 million minority stake in Bai, based on a $500 million dollar valuation. Weiss told BevNET at the time that Bai had turned a profit for the first time earlier that year.
Nevertheless, Bai has proven to be an exceptional brand in recent years: Inc. Magazine recently pegged Bai’s 2015 revenue at nearly $120 million, with three-year growth of 2,210 percent.
http://www.bevnet.com/news/2016/reuters-bai-exploring-potential-2-billion-sale?
http://www.reuters.com/article/us-baibrands-m-a-idUSKCN12327X
Technical Buy Signals Piling Up.
http://www.barchart.com/opinions/stocks/IMMU
Kahn CEO
Effective as of May 17, 2016, Jonathan Kahn was appointed as the Chief Executive Officer of the Company replacing Edward B. Smith, III, who remained as a member of the Board. Mr. Kahn was also appointed interim Chief Financial Officer replacing Donald G. Wittmer. Mr. Kahn was also appointed to serve as a member of the Board, effective May 17, 2016.
Pursuant to the Kahn Employment Agreement, Mr. Kahn’s annual base salary will be $200,000 per year from the Effective Date through December 31, 2016 and $225,000 beginning January 1, 2017.
Pursuant to the Kahn Employment Agreement, Mr. Kahn was granted 6,067,931 fully-vested shares of the Company’s common stock, par value $0.00005 per share (the “Common Stock”), such amount representing 3.5% of the Company’s shares of Common Stock on a fully diluted basis as of the Effective Date. In addition, on each of May 1, 2017 and May 1, 2018.
...somethings up !
IMMU Report uploaded.
Epic Short Squeeze Inflection Point Nears, as Company Moves Further into the Clinical Trial Process.
“Patients and doctors have been waiting for these targeted therapies against TNBC. Now the first ones are in the clinic. I can’t tell you how exciting this is. These drugs or ones very much like them could be game-changers for triple-negative breast cancer.” Jennifer Diamond, MD University of Colorado Cancer Center.
http://biotechstockreview.ning.com/profiles/blogs/immunomedics-3-00-epic-short-squeeze-inflection-point-nears
Coke Grabs Stake in Aloe Gloe.
Aloe Gloe
http://www.aloegloe.com/
LA Libations
http://lalbev.com/careers/
Coke Ventures
http://www.vebatcoke.com/
I've never seen a major take a stake in a minor this small. It's like grabbing a baseball player in High School.
"Best known for its ability to open doors to retail accounts for brands like Zico, Icelandic Glacial, and others, L.A. Libations started producing Aloe Gloe internally four years ago, and has leveraged its West Coast capabilities to grow the product to nearly $7 million.."
Not sure what actual sales are.
It’s ‘All Aboard’ the Coke Trucks for Aloe Gloe in L.A.
http://www.bevnet.com/news/2015/its-all-aboard-the-coke-trucks-for-aloe-gloe-in-l-a
Why Coca-Cola Is Investing in Aloe-Based Drinks
http://fortune.com/2016/06/22/coca-cola-aloe-water-investment/
Coca-Cola Invests in Up-and-Coming Aloe Water Beverage Company Aloe Gloe
http://www.coca-colacompany.com/stories/innovation/2016/coca-cola-Invests-in-up-and-coming-aloe-water-beverage-company-aloe-gloe
Coca-Cola invests in organic aloe water beverage company, Aloe Gloe
By Rachel Arthur
http://www.beveragedaily.com/Manufacturers/Coca-Cola-invests-in-organic-aloe-water-Aloe-Gloe
2013 Article
http://www.bevnet.com/news/2013/video-aloe-gloe-finds-its-sweet-spot
Uncle Giusseppe in Long Island
Just bought four bottles at a very high end end grocer in Port Jefferson, NY.
Don't know how to upload pictures, so we put them in the Beverage magazine, just scroll down.
https://flipboard.com/@institution73s6/beverage-stock-review-m1rlrbvsz
Interesting
Monster of a Story..
http://www.beveragestockreview.com/monster-beverage.html
This is why most people (this and Vitamin Water) invests in beverage companies..
Moral of the story (lesson of the chart) is downdrafts and mad-runs happen.
Downdraft from $0.40 to $0.15 in 2001
Mad-run $0.47 to $2.00, from January 2004 to January of 2005.
Mad-run $2.00 to $10, from January of 2005 to January of 2006.
Mad-run $10 to $26, from January of 2006 to the following Summer.
Downdraft from $26 to $12 in 2007.
Downdraft from $34 to $10 in 2008.
Downdraft from $60 to $35 in 2012.
This is a product that people drink. It's not like a pair of gym-shoes, that can last a year. You open the cap, drink it down and if you want another, you buy another. It's that simple. It's beautiful.
Inspiring Story of Laraine & GT Dave.
Inspiring to any beverage start-up of how the Mother and Son team grew their brand from the kitchen table, to over $400 million in sales, including the 2010 "bump" where they had to remove the product from shelves.
Meet the King of Kombucha (2014).
http://www.inc.com/magazine/201503/tom-foster/the-king-of-kombucha.html
One Company Owns the Multi-Million Dollar Kombucha Market (2015).
http://firstwefeast.com/drink/2015/03/one-company-owns-the-multi-million-dollar-kombucha-market
The American Kombucha Craze, in One Home-brewed Chart (2015).
http://qz.com/368513/the-american-kombucha-craze-in-one-home-brewed-chart/
Kombucha Cha-Ching: A Probiotic Tea Fizzes Up Strong Growth (2014).
http://www.cnbc.com/2014/08/08/kombucha-cha-ching-a-probiotic-tea-fizzes-up-strong-growth.html
Old news but worth a read.
Reported nine-months ago..
"Coca-Cola Buys Minority Stake in Suja Life."
We first heard of the Suja Life name when the incubator division within Boulder Brands (BDBD) acquired a small stake (5%) in Suja Life in late 2013 when Suja was just starting out.
Boulder a "growth by acquisition play" was itself acquired by larger Pinnacle Foods (PF) for $975 million this past January.
It was a little sad to see Boulder go, as it traded from under $5 in 2010 to near $20 in a subsequent high and we felt they had a bright future as an "early acquirer" of fast but small growing brands - way ahead of the Cokes and Dr Peppers. Oh well.
Pinnacle an "acquirer of acquirers," (saves time lol) has a track record of acquiring products in food segments plagued by sales declines and reviving them through new marketing strategies and product launches. The WSJ said the deal for Boulder Brands augments a recent move into health-focused categories, including its purchase a year ago of Gardein Protein International Inc., a maker of vegetarian packaged foods.
The numbers are a little murky for Suja (being private), but Boulder was said to take an $8.8 million stake in 2013 when Suja had $13 million in sales - valuing it at $100 million.
Anyway, the story we wanted to share:
Coca-Cola Buys Minority Stake in Suja Life.
Coke paying roughly $90 million for nearly 30% stake in organic, cold-pressed juice maker
Coke is paying roughly $90 million for a nearly 30% stake in San Diego-based Suja, with an option to buy all of the company after three years, according to people familiar with the matter. The merchant banking arm of Goldman Sachs also agreed to pay about $60 million for a 20% stake, valuing the closely held company at about $300 million.
Suja says it booked $42 million in sales last year—a drop in the bucket for Coke, which reported $46 billion in revenue...
Suja co-founder and Chief Executive Jeff Church said the company’s beverages are sold in about 12,000 stores in the U.S
http://www.wsj.com/articles/coca-cola-buys-minority-stake-in-suja-life-1439998356
So that put Suja around six times sales at the time of the Coke investment. It would have been interesting to see what would have happened to Suja stock price if it had been public at the time instead of private !
Beverage Stock Review
http://www.beveragestockreview.com
Beverage Stock Review Magazine
https://goo.gl/LlYNQB