What you may not know is the beverage sector is currently exploding in valuations and acquisitions! Take a look :
http://www.wsj.com/articles/dr-pepper-snapple...1479816988
Dr Pepper Snapple Group Inc. said Tuesday it would pay $1.7 billion for Bai Brands LLC, which makes low-calorie, coffee-fruit drinks. Dr Pepper estimates Bai’s revenue will roughly double this year to $230 million.
Meanwhile, PepsiCo Inc. is buying KeVita Inc., a maker of fermented probiotic and kombucha beverages. PepsiCo is paying slightly more than $200 million for KeVita, which also has roughly doubled its revenue in the past year, to about $60 million, according to people familiar with the matter
A position in RLBD at or below the $0.10 range (currently $0.02-$0.03) could provide immense short and long term value. RLBD has very few public shares in the float. It wont take much buying pressure to send RLBD soaring above their 52 week high of $0.13 and Hillbilly will start attracting the attention of the big players like PepsiCo and DrPepperSnappleGroup.
Recent RLBD News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 08:45:55 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/17/2023 09:25:53 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 05:20:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:15:35 PM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM