There will be no split. Not any time soon anyway. Here's what happens Yes there's been dilution. Hard to argue with that but they can't do a reverse split they just can't FINRA would never allow it and the intent to split came in a 14c tomorrow it would be a year before it actually happened and the stock would go to no bid faster than you could look twice at it and would stop trading. Market makers don't want that Toxic debtors don't want that The company doesn't want that Nobody wins there. They need shares trading to make money a pre14c intent to split would kill volume. They do still have debt though. They will most likely do an AS increase in 2 or 3 months. But they will never need to borrow another cent of toxic debt. The revs will take care of any existing debt and provide more working Capitol than they would ever need 10$ a case 340mm cases Do the math. Revs will stream to TBEV quarterly and in mass. The reason why we haven't seen any massive toxic CD dumps is probably because the debt holders know that they can't get there money by beating this into the ground. If they dump now they have to wait until an AS increase takes place which if you've been through one does not happen over night. It requires a pre14c as well along with many other stipulations. It's not quite but almost as complicated and time consuming as a RS and if you remember last year it took something like 5-6 months from pre-14c to the actual split. That's time when the CD holders aren't making any money. What they see right now is the same thing longs see right now. A bull run. That's why they aren't stepping on the PPS. Either a deal had been made or they are letting the PPS climb while slowly diluting so they don't fill up the AS and shoot themselves in the foot. If they fill the AS it means no more money for them. Back to the revenues. More working capital than they will ever need. Easily pay off debt. Everything about that screams share buy back. Only companies with high revs and extra cash do share repurchases. They do this not for us but as an investment in their own company. The less shred in the OS the more value they have, the more value they have. This is something down the road a ways but the purpose of a buyback would eventually be to be more attractive as a buy out candidate. Toby and mikes last bev company called "bong water" has a simalar story to the one I just told. They were bought out by a Canadian company. TBEV is a much better product and is scaled up dramatically. This licensing contract with pro prom is most likely just the beginning. Other avenues will be explored and they will begin to get the product everywhere they can. Share structure will start to improve after 8 months - a year IMO and that's when they start marketing themselves as a brand for sale with a proven track record and public exposure and sales records. Don't get me wrong I'm not saying TBEV buyout imminent in all caps in just saying that's a definite possibility in the mid to distant future. Also this has been a pretty honest assessment of TBEV IMO I'm not saying there isn't negatives here but the market has spoken TBEV has done it so it seems And I believe the risk/reward equation here is heavily weighted to the reward end of the spectrum. Gltu
News 
Market Data 
Discover 
