NewAge Inc (fka NBEVQ) (NBEVQ)

[BigNexEnd]

Update Your DD..NBEV Is EBITDA Positive..Do You Know.What.That.Means?...

From 1st Quarter 10Q for 2019

KEY HIGHLIGHTS:

Gross revenue reached $60.5 million, up $47.7 million vs. prior year. Net Revenue increased to $58.3 million, up 404%.

Balance sheet significantly strengthened with $110.0 million in cash versus $42.5 million at year-end, and total assets of $349.5 million versus $286.9 million on December 31, 2018

Positive Operating Cash Flow of $11.4 million and EBITDA of $0.6 million

New credit facility emplaced with East West Bank totaling $25.0 million at 6% annual interest.

Margin Call Recipients Will Lose In The End...Bank On It!