Replies to post #2783 on NewAge Inc (fka NBEVQ) (NBEVQ)

[Stockplucks]

Thanks for taking the time to do all of the projections and for sharing all of your extensive DD with the board.

Based upon your stated projections, do you have a "fair value" share price estimate?

[NewJerichoMan]

$80M+ Run-Rate - post B Riley Conference

GAAP





We can't recognize revenue until we own it.

Didn't own Coco in Q1. Gone.

Didn't own Marley in Qs 1 or 2. Gone. Caveat here is if we close early, say, June 1st then we can recognize that revenue. If we get one month of Marley, that's approximately $1M.

PMC isn't expected to close until 30 days. Let's call is July 1. Can't recognize Qs 1 and 2. Gone.

Aspen Pure Probiotics and Pedia Ade are ramped up appropriately. Most of the revenue is recognized on the back-end.

Based on this model, Q1's GAAP income would be $10.6M. The actual was $10.787M. That's pretty close.

As noted before, the company could be "baiting" the statements for an epic Q2. Revenue recognition is a funny thing.