Q4 could be an inflection point of a sort. They quantified the amount of lost business in Q3 due to the cash crunch/lack of inventory. They also said that problem was behind them, and they said that revenue of ~$6M/mo. is break even. So, all they have to do to break even is what they said they'd do in Q3 without the drag. And they mentioned incremental new revenue starting in Q4. So, Q4 being the first profitable quarter will surely be a milestone.
But that's really just a jumping off point, as the new products and the full distribution reach -- not to mention possible/probable new national big box retailers and international expansion should begin to show results in Q1 2019, growing thereafter with good reception. Of course talk is cheap, and money isn't. But from what they said, from so many possible opportunities, I'd expect a few to a slew of positive announcements in the coming months.
They mentioned hitting singles in the near term, representing incremental $10M in revenue. They also mentioned swinging for home runs, without mentioning financial impact. Stay tuned I suppose.
I do not think they will be bought out in 2019; quite the opposite.
Willis said they are in lots of discussions, leaving open whether about distribution deals, partnerships, or acquisitions. He was cagey enough to believe that something is brewing, as he said the $90M cash was a number selected for a reason. They are a much more viable partner now, especially if a partnership will greatly accelerate a roll out; for instance, for CBD.
I don't think they'd entertain a buy out before revenue hits ~$200M, which is very far of in beverage sales, but MAYBE not so far off in time, if things break right.
