Bitplaza

SBEV Walmart distribution deal, and make sure to read the rest

Long
AMEX:SBEV   Splash Beverage Group, Inc. (NV)
SBEV is pretty crazy, they just got a distribution deal with Walmart and Ralph's 187 Grocery Stores . The ceo keeps locking in deals week after week. His name is Robert Nistico, he was a former VP at Redbull, the 5th employee that led the start-up from zero sales to $1.45 billion. Keep in mind this guy is well connected in the beverage industry. He's even branding his companies with celebrities and athletes and growing sales for all of the brands owned by Splash Beverage Group, which is a lot of them, I listed them below, the links are the brands SBEV owns.
Keep in mind current market cap is so low that the company is an acquisition target. They could very well get acquired soon. If SBEV doesn't get acquired, at this pace, they will continue to grow, locking in deals, and possibly acquire additional brands to take the company to the next level.
Brands owned by Splash Beverage Group (SBEV)
tapoutdrinks.com/
www.drinksalttequila.com/
www.copadivino.com/
www.pulpo-loco.com/

So where does SBEV go from here? In my honest opinion $15-$20 per share but if the shorts get piled up at $10-15 then SBEV could possibly reach $40 to $50 per share from a short squeeze. Similar to what happened with AMC and GME
AMC Entertainment (NYSE:AMC), and GameStop (NYSE:GME)


Please share my research with others if you found it useful, thank you so much.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.