NetworkNewsBreaks – Splash Beverage Group Inc. (
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Posted On: 06/30/2021 3:59:16 PM
NetworkNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) in ‘Hyper-Growth’ State, Poised for 2H 2021 Surge
Splash Beverage Group (NYSE American: SBEV), a portfolio company of successful beverage brands, today issued an update on its positioning for surging growth. The update indicates that, while the company may be under the radar to some, beverage industry competitors are taking notice, particularly after SBEV’s entry into a potentially transformative distribution deal in China earlier this month. The deal added to six other significant agreements already in place with their combined power enough to drive substantial growth in the back half of this year. “However, with SBEV in a state of hyper-growth, expect much more,” the update reads, further elaborating on the expertise of the SBEV management team. Some of its members are responsible for helping take Red Bull energy drink from zero to billions in sales, and recently the group has been successful in closing several distribution deals, uplisting to the NYSE-American, raising $24 million since February, as well as eliminating all convertible debt from the company’s balance sheet. “And while those events indeed put SBEV in its best operating position in history, no one at the company is shying away from having bullish ambitions. In fact, while its deal with China-based American Software Capital (‘ASC’) alone opens up an estimated $69 billion market opportunity, its growth in the U.S. markets is positioning the company to take advantage of the billions available here. Better still, SBEV isn’t getting just one of its best-in-class products signed to distribution deals; they are getting all of them signed, bringing enormous revenue-generating potential from worldwide markets.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Splash Beverage Group (NYSE American: SBEV), a portfolio company of successful beverage brands, today issued an update on its positioning for surging growth. The update indicates that, while the company may be under the radar to some, beverage industry competitors are taking notice, particularly after SBEV’s entry into a potentially transformative distribution deal in China earlier this month. The deal added to six other significant agreements already in place with their combined power enough to drive substantial growth in the back half of this year. “However, with SBEV in a state of hyper-growth, expect much more,” the update reads, further elaborating on the expertise of the SBEV management team. Some of its members are responsible for helping take Red Bull energy drink from zero to billions in sales, and recently the group has been successful in closing several distribution deals, uplisting to the NYSE-American, raising $24 million since February, as well as eliminating all convertible debt from the company’s balance sheet. “And while those events indeed put SBEV in its best operating position in history, no one at the company is shying away from having bullish ambitions. In fact, while its deal with China-based American Software Capital (‘ASC’) alone opens up an estimated $69 billion market opportunity, its growth in the U.S. markets is positioning the company to take advantage of the billions available here. Better still, SBEV isn’t getting just one of its best-in-class products signed to distribution deals; they are getting all of them signed, bringing enormous revenue-generating potential from worldwide markets.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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