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NYKnuckleballer

11/08/17 10:00 AM

#6580 RE: Toxic Avenger #6577

The latest estimate **before** DPS took their initial 3% position was $125M topline, negative $10M bottomline.



DPS didn't buy Bai all at once. They took an initial starter position, which is standard for the industry because of the Coke-VitaminWater debacle. When DPS took their equity position, that's when Bai got injected into Big Soda's distribution system, and that's when cash flow turned positive - not before.