NewAge Inc (fka NBEVQ) (NBEVQ)

[camatail]

Thanks. I gather you’re not happy about the Morinda Holdings $85 million acquisition in 2018, which may have changed the direction of the company. Too bad NBEV is no longer associated BWR brands like Nestea and Evian. Even I recognize those BWR brands. Now NBEV is trying to sling “healthier” and pricier brands like Noni, ‘Nhanced, Elite, Slenderiiz, Shape, and TeMana as well as other poisons through New Age, Ariix, MaVie (DNA Lifestyle?) and LIMU. I agree that NBEV is attempting to market and manage these boutique products. I liken these products to mall kiosks, which only the lonely frequent. Maybe NBEV could be market positive if they play their ace in the hole as long as CBD drinks remain relatively popular in the U.S.A. It is difficult to nail down NBEV’s strategy. Is NBEV’s long game to market these healthy living boutique products to the affluent through social media and mlm? Are there enough bored rich house wives/husbands in the 75 countries they market, who host Noni parties or shop the cascade of NBEV websites? The crux of the matter is few people know about NBEV and the rest probably are turned off by their infomercial style. Sure, you can cast a wide web to become a huge network marketing organization, but if you’re not selling product… you’re losing money. Hopefully NBEV will find its niche that works, because it hasn’t been doing so well.