NewAge Inc (fka NBEVQ) (NBEVQ)

[NewJerichoMan]

Multitude of Reasons

We got a bit bloated on the Russell index buying: 1.2M shares. That's what got us to $7+ despite Q1's meh results. But then some of our "world class" shareholders took that opportunity to sell 100% of their positions. Got a couple hit pieces along the way, notably Street Sweeper. 2nd quarter numbers hit the analysts' expectations but thus far our acquisitions haven't been accretive. It's early in the game there. Marley Yerba Mate launched so that's gonna provide some new top- and bottom-line love. I'm projecting $4.5M in revenue for this launch for Q3, Q4, and Q1 2018; bulk of it in Q4 though.