NewAge Inc (fka NBEVQ) (NBEVQ)

[Jockimo]

Brent has tweeted in response to JoeNatural's demand for explanation.

"coupled with the PNC ABL that is finalizing, it gives the Company the right flexibility. we do not have to access anything down here. but can for say $500k or to fund an acquisition when the stock is at the right level. that’s how the vehicle works"

So, PNC ABL not finalized? If he were smart, he'd raise what he needed and close this ATM. He's got some serious damage control to do over this.