Looks like I'll have to educate you yet again, as Neil and Julie give up their preferred voting shares after the merger closes. Next ......
I don't drink beer. My specialty is making money.
If you want to keep thinking the total revenue is $14 million that's certainly your choice. Revenue run rate after consummation of the merger will start off at $57.5 million or thereabouts.
Very true and it looks like the total O/S count could be significantly less than 25 million, but I'm using 25 million for all my calculations.
There is NO discrepancy, as the entire New Age portfolio generates over $50 million in revenue annually.
While you're at it, I expect you to turn yourself in to the authorities for attempted stock manipulation.
That's referring to the Xing Tea segment, not the entire portfolio. Entire portfolio is over $50 million plus another $7.5 million (plus). Sheesh.
Peter, you obviously have trouble telling the truth as usual. Kombucha immediately makes its way into 4,500 additional outlets. I'll agree with you that the CEO is a riot, as he just pulled off a move that no other CEO could on the OTC in getting a low interest rate, non-dilutive loan from Wells Fargo. The bank must love the outlook of the company or no way they would have agreed to this deal. Any other B.S. you want to spread ?
Peter, you'd be dangerous with even half a brain, but you're empty upstairs. You're a wealth of misinformation as usual. A bank loan is non-dilutive and a jump from 15 million to 25 million O/S is not a 20-fold increase. At $2.00 a share, the stock would be dirt cheap at 1X sales, but with explosive kombucha growth, a P/S of 2 to 3 is much more likely.
There is no debt because the Founder of Pizza Hut gets the upfront payment of $8.5 million and he's now out of the picture. Why are you always a fountain of misinformation ?
Where did you come up with $14 million in sales when their sales are $50 million ?
Let me guess ..... Wells Fargo gave our CEO a loan because of his good looks, knowing it was a bad deal. Geez ...... next.
You again. ROTFLOL !! You were here at .35 telling everyone what a joke the CEO was. He's a real joke in buying (with a bank loan) a company over 20X the size of ABRW. Distribution network open wide for massive kombucha growth. Say, I have an idea .... why don't you sell the stock short again and like last time, I'll send you a postcard when we blow through $2.00, $3.00, $4.00 and on upward. Seriously dude, you have any money left ?
I'll be doing a Periscope broadcast at 11:00am M.S.T. today explaining this morning's announced acquisition and what it means for shareholders. The news was nothing short of astonishing. A link to the live broadcast will be posted on my Twitter feed right when I begin ..... @ChinaStockPro ...... the stock will continue to double going forward, several times over.
what it means for shareholders, etc. The link to the broadcast will be posted on my Twitter feed right when I start. @ChinaStockPro
65% of the deal is in cash, a majority of it through a Wells Fargo bank loan and 35% in stock, but very very shareholder friendly due to leak-out provisions, indicating the sellers think the stock is going much higher, otherwise they wouldn't have agreed to selling a $50 million dollar company for $20 million. This is what happens when the creator of InBev comes to little ol' ABRW and the PR also hints at more accretive acquisitions to come.
Congrats jondf26, as you have proved there's at least 2 people on this thread that at least have a few brain cells left. ABRW will double again ..... several times. As far as the haters, let 'em hate and leave making the big bucks to us. We'll simply continue to laugh at their stupidity as ABRW moves higher and higher. I suspect the majority of this clueless board is made up by Democrats.