Replies to post #8514 on NewAge Inc (fka NBEVQ) (NBEVQ)

[treit2002]

Please share the goodies.

I read the report, and thought it was fine, pretty much as expected with the $12M cash boost a definite positive. I do wonder why they've taken out a loan now, given they seem to have ample cash, although perhaps they are readying the ability to carry significantly higher inventories with a true launch of CBD products.