Replies to post #2910 on NewAge Inc (fka NBEVQ) (NBEVQ)

[NewJerichoMan]

Let's be crystal clear on dilution.

The capital raise from the uplist basically paid for the debt obtained to buy Xing. It's essentially a 1-to-1 relationship. There was no excess.

The ~$4M in capital they have today is basically from the sale of the real estate. I didn't understand the selling of the real estate at the time. I do now. Selling the real estate = zero dilution.

Critics can cry "dilution" – because what else can they say at this point? - but dilution has been employed judiciously and according to plan. Couple that with the fact that the Preferred As and Bs have been eliminated and it makes for a very clean cap structure, which is a major selling point for a takeover target: our ultimate goal.

[lowfunds]

Well analyzed and well written--NJM!

[NewJerichoMan]

...getting the “right shareholders”...

It's times like these that having the "right kind" of shareholders pays off. I'd argue, an important part of $nBEV's plan from the beginning. Let's see if it pays off today. Only 4% drop so far on the news of Street Sweeper report.