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Re: Porkchop1974 post# 2940

Saturday, 12/21/2013 5:49:32 PM

Saturday, December 21, 2013 5:49:32 PM

Post# of 49370
I don't know but I assume this is one of quite a few ways they are moving for cash. I have a feeling they found financing because 10 million bottles and 1mm this year to start plus the USA market its going take some money. I assume they have got PO financing going which was a big problem with banks now if they have secured PO financing that going to be major. I don't know but I expect they are raising money on multi fronts. I can tell you a 10mm deal will focus the eye of beverage investors, meaning people who put money into brands. They said on twitter more news coming soon and in the new year. I am expecting financing and maybe more distribution deals. My guy over their told me Thursday that the co-founders who don't come from the beverage side of business had a lot of people so called experts basically trying to run company and sell and they took charge and canned people and got so called advisors out. They are the ones who had built the company till going public in 2012 and from what I hear their taking charge. They got Matt Veal he is big I hear at running public companies and raising money has lot of experience I been told but I don't know much about him yet. We will see how things go but I think 2014 if these guys have taken back over we are going to see good things. You cannot let others run your business especially a small company when your the ones that have the vision and got it to where it was. We will see what happen but I am thinking they are going to turn things around as I have always said this is a marathon not a spring and I think the co-founders have went through a learning curve and will see what 2014 holds.
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