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    NBEV   US6501941032

NEWAGE, INC.

(NBEV)
  Report
Real-time Estimate Cboe BZX  -  10:20 2022-08-08 am EDT
0.2670 USD   +2.30%
07/26Top Premarket Decliners
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07/08New Age Beverages' CFO Resigns; Restructuring Exec to Fill Role on Interim Basis
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07/08NEWAGE : Announces Departure of Chief Financial Officer and Appointment of Principal Financial Officer - Form 8-K
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Busy Month for Beverages on Brink of Breakout (ROAG, BBRW, NBEV, SBEV, JSDA)

06/29/2022 | 05:44am EDT

In the last week, the Beverage industry is up 6.4%, with Coca-Cola leading the way, up 5.9%. The beverage industry has grown 9.4% in the past 12 months outpacing the US Markets. Looking forward, earnings are forecast to grow by 7.4% annually.With inflation, consumer staples like beverages are expected to be safe hedges. Two beverage subindustries, Brewers and Distillers/Wine Makers have been particularly bullish.

Rogue One, Inc. (OTCMKTS: ROAG) is a distiller focused on tequila. It posted a pivotal filing this month. The company filed an 8K detailing updated numbers from the quarter ending March 31, 2021; the first quarter including the company's operating subsidiary Human Brands International, a ground-to-glass spirit and hospitality company with a focus on tequila. The filing also included several years of historic balance sheets from Human Brands.

The 8K confirmed through its Human Brands acquisition ROAG has added:

*$520,761 in revenues for the quarter ending March 31, 2021 (prior to the acquisition ROAG was pre-revenue)

*ROAG now inherits several supply contracts, ranging from 5,000 liters per month to 200,000 liters per month.

*ROAG boasts over $18 million in assets

These numbers only account for the quarter ending March 31, 2021. There are several other filings expected as ROAG works back toward current status and upgrading off of the expert market.

With the acquisition of Human Brands, ROAG is in a great position to become a major player in the tequila industry. The white-label tequila company owns and manages 400,000 agave plants. Agave prices have been on the rise since 2016, up 694%. This gives ROAG a leg up over competitors. Not only does it insulate itself from rising prices, but it can potentially profit through sales of the crop.

The robust 8k is extremely detailed, and has the kind of information you would find in a Fortune 500 filing, read the full report here. https://www.otcmarkets.com/filing/html?id=15831864&guid=BCKwkeHsBriG5Vh

BrewBilt Manufacturing Inc. (OTCMKTS: BBRW) is an ancillary brewer play, recently CEO and Chairman Jef Lewis made a statement on the bullishness of the craft brew industry.

Chairman Jef Lewis stated, "We know that any talented brewer stands proudly behind every pint of great beer, and were honored that so many brewers use BrewBilt to stand behind them. We learned our craft in the Pacific Northwest and now share 15 years of brewery equipment knowledge and experience with customers throughout the world.

Lets face it, investors are leery when considering the current economy. The wait and see investor should realize that in 2008 the craft beer industry outperformed most industries. The craft beer market has proven to be recession proof over the past two decades, especially during COVID when BrewBilt first went public and placed more than $3.5 million in sales and manufactured and delivered 12 brewhouses to customers all over the country. With three years of branding, the company is now working with over 40 new customers who are building new breweries that represent over $11 million in sales for the company. This number is growing with expected projections to be favorable for our shareholders. Further, we are quoting more jobs than ever before."

Lewis' company, BrewBilt is one of the only California companies that custom designs, hand crafts, and integrates processing, fermentation and distillation processing systems for the craft beer, cannabis and hemp industries using best-in-class American stainless steel and built by highly skilled local welders.

From mood-boosting beverages to healthy tonics the beverage industry is providing investors interesting options, for instance, NewAge, Inc. (Nasdaq: NBEV), commercializes a portfolio of organic and healthy products worldwide primarily through a direct-to-consumer (D2C) route to market distribution system across more than 50 countries. The company competes in three major category platforms including health and wellness, inner and outer beauty, and nutritional performance and weight management - through a network of exclusive independent Brand Partners.

NBEV announced that its Board of Directors has initiated a process to evaluate potential strategic alternatives to maximize shareholder value. As part of the process, the Board will consider a full range of strategic alternatives including available financing alternatives, a potential financial restructuring or a reorganization, merger, sale or other strategic transaction.

Splash Beverage Group, Inc. (NYSE: SBEV) is a diverse option in the beverage industry, with a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration and recovery drink.

This week, SBEV added to its roster with an agreement to acquire 80% of Pulpoloco Sangria in a transaction that will give Splash control over the manufacturing and distribution of Pulpoloco across the US while adding international markets, capturing the additional margin and revenue.

Splash acquired the distribution rights to Pulpoloco in 2020 and is currently the exclusive importer of Pulpoloco for the United States. Splash has overseen the dramatic growth of the brand, including a 43% increase in sales through May versus the prior year. Pulpoloco Sangria is made in Madrid, Spain following the family recipe of the founder Paul Damon with three varietals, Crisp White, Soft Rose', and Smooth Red. Pulpoloco is packaged in a highly innovative, ecofriendly paper can called the CartoCan. Splash expects to complete the transaction by the end of August.

Jones Soda (OTCMKTS: JSDA) is a popular independent beverage brand from the Seattle area popular for its craft sodas with innovative flavors. The company is now jumping into the cannabis-infused soda business. JSDA's new Mary Jones brand of cannabis-infused sodas are according to Bohb Blair, Chief Brand Officer, Mary Jones Cannabis Co. and CMO, Jones Soda Co. "the most exciting flavors in cannabis today, and our product roadmap will keep our fans delighted by what's to come."

Make sure to start your research today.

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The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled.

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Stocks mentioned in the article
ChangeLast1st jan.
BREWBILT MANUFACTURING INC. 0.00% 0.0055 Delayed Quote.-96.67%
NEWAGE, INC. 0.77% 0.2609 Delayed Quote.-74.66%
ROGUE ONE, INC. 60.00% 0.0008 Delayed Quote.-97.65%
SPLASH BEVERAGE GROUP, INC. 1.05% 2.9 Delayed Quote.145.72%
All news about NEWAGE, INC.
07/26Top Premarket Decliners
MT
07/08New Age Beverages' CFO Resigns; Restructuring Exec to Fill Role on Interim Basis
MT
07/08NEWAGE : Announces Departure of Chief Financial Officer and Appointment of Principal Finan..
PU
07/08NEWAGE, INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Financ..
AQ
07/08NewAge, Inc. Announces Departure of Chief Financial Officer and Appointment of Principa..
AQ
07/08NewAge, Inc. Announces Executive Changes
CI
07/05Top Premarket Gainers
MT
06/29Busy Month for Beverages on Brink of Breakout (ROAG, BBRW, NBEV, SBEV, JSDA)
AQ
06/09Age to buy cigarettes in England should rise every year, review says
RE
06/08New Age Beverages Launches Review of Strategic Alternatives; Shares Rise 15%
MT
More news
Financials (USD)
Sales 2020 279 M - -
Net income 2020 -39,3 M - -
Net Debt 2020 43,1 M - -
P/E ratio 2020 -6,44x
Yield 2020 -
Capitalization 38,3 M 38,3 M -
EV / Sales 2019 0,58x
EV / Sales 2020 1,27x
Nbr of Employees 1 109
Free-Float 97,5%
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Technical analysis trends NEWAGE, INC.
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Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 0,26
Average target price
Spread / Average Target -
EPS Revisions
Managers and Directors
Edward J. Brennan Chairman & Chief Executive Officer
Mark Wilson Group President
Lawrence Perkins Chief Financial & Restructuring Officer
Gerald M. Haase Chief Medical Officer
Blake Heringer Chief Information Officer
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