IBGH and BBDA are direct competitors in the same niche beverage industry. Some of you guys say their products are identical. It is proper and relevant to compare competing businesses to assign similar PE ratios and other financial due diligence.It is not misdirection or foolishness to compare two direct competitors. IT IS CALLED DUE DILIGENCE.
Iliked your post of the direct quote from Brian Weber himself. It makes perfectly good sense to me and is honest and sincere. The revenues that were received were obviously needed to grow the company and settle with YA Global.
We will find out about the deals when they release professionally prepared audited financials. We will also find out how much sales Potencia Energy Drink brings in and how Potencia USA LLC was the sleeping giant behind this company soon to thrust it into the industry leader.