WALL STREET RESEARCHER
SPLASH BEVERAGE GROUP INC
Shorts Scramble For Cover
SHORT SQUEEZE PLAY
To Launch TapouT in 485 Winn Dixie Locations Across Five States : Latest News
Shorts are now worried that they could be caught in a short squeeze . With over 1.1 million shares short , this company could surge as a result of panic short covering.
Distribution agreements with Walmart and Winn Dixie among other large chains is a significant factor in SBEV’s recent upward surge and short covering . Stockwitz
These shares have recently rebounded , breaking above both its 50 day M/A of $2.64 and 200 day M/A of $2.97. These shares recently hit an interday high of $5.60 significantly above its 200 day M/A.
We feel these shares could move higher on further short covering
SBEV’s yearly high of $8.94 seems to be the next resistance level and we feel that if the economy remains strong, and inflation pushes prices higher these shares should soar.
All serious investors need to place these shares immediately on their BUY LIST
Splash Beverage Group to Launch TapouT in 485 Winn Dixie Locations Across Five Southeastern States
Fort Lauderdale, Florida, March 08, 2022 (GLOBE NEWSWIRE) — Splash Beverage Group, Inc. ( NYSE American: SBEV ) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced Winn Dixie will carry TapouT, its high-performance energy drink in 485 stores located in Alabama, Georgia, parts of Florida and extending into Mississippi and Louisiana.
Founded in 1925, Winn-Dixie grocery stores, liquor stores and in-store pharmacies operate over 529 stores serving communities throughout five southeastern states – Alabama, Florida, Georgia, Louisiana and Mississippi. Winn-Dixie Stores, Inc. is a subsidiary of Southeastern Grocers, which is one of the largest supermarket chains based in the Southeast.
Commenting on the new agreement, Robert Nistico, Splash Beverage Group’s Chairman and CEO, said, “We are VERY excited to partner with Winn-Dixie and Southeastern Grocers. This authorization is a key strategic placement as we build out retail distribution throughout the southeast U.S. Winn-Dixie is a premier grocery store chain in the southeast US. TapouT is now being distributed and sold at retail by some of the largest names in the consumer business, including Walmart, Ralph’s Stores Budweiser owner AB-ONE, and now Winn-Dixie. This is another important point of retail distribution as we continue to work our distribution and sales strategy … the more shelves we are on the higher our sales are, it’s that simple.”
The launch of TapouT in Winn-Dixie is expected to begin in early Q2, and will include TapouT’s newest sugar-free flavors, Cherry Lemonade and Orange.
Nistico continued, “Splash now has an impressive distribution footprint across the Southeastern portion of the United States as we continue to execute our business plan of expanding distribution depth and availability while constantly innovating and growing SKU count.”
Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev
About Splash Beverage Group, Inc.
Splash Beverage Group, an innovator in the beverage industry, owns 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. Splash’s strategy is to rapidly develop early stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.
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This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, the risks disclosed in the Company’s Annual Report on Form 10-K filed with the SEC on March 8, 2021, and in the Company’s other filings with the SEC. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.
Global Beverage Industry Expected to Continue to Expand and Possibly Reach $1.961 Trillion In 2024
Palm Beach, FL – February 16, 2022 – FinancialNewsMedia.com News Commentary – The global beverage industry gained momentum during the pandemic and is projected to continue post-pandemic. A recent report from industry insider, PipeCandy projected that the global beverage industry is valued at USD 1813 billion for 2022 and the industry is growing at a CAGR of 4%. It’s value estimations are USD 1885 billion in the year 2023. The beverage industry will further expand and be valued at USD 1961.24 billion in 2024.” It said that: “High disposable income, rapid urbanization, and changing lifestyles are the major factors that contribute to the growth of the global beverage industry. The beverage industry can further be classified into non-alcoholic and alcoholic categories. The non-alcoholic beverage market includes soft drinks(soda), fruit juices, syrup, caffeinated drinks, sports drinks, coffee, and tea. While the alcoholic beverage market has categories such as brewing, distilled spirits, and wines. The global non-alcoholic beverage market size is valued at USD 1337 billion in 2022. The market is anticipated to grow at an estimated CAGR of 5.5%. It’s value estimations are USD 1885 billion in 2023 and will be valued at USD 1488 billion in 2024.” Active companies in the markets this week include Splash Beverage Group, Inc. (NYSE: SBEV), The Kroger Co. (NYSE: KR), Walmart Inc. (NYSE: WMT), PepsiCo, Inc. (NASDAQ: PEP), Albertsons Companies (NYSE: ACI).
InvestorNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Updates Public Offering Info, Inks Distribution Deal for SALT Naturally Flavored Tequila
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, has granted the underwriters of its previously announced public offering a 45-day option to purchase an additional 300,000 shares of common stock. The original offering was for 2 million shares for estimated gross proceeds of $8 million. The additional shares will cover overallotments, if any. The company anticipates the public offering to close on or about Feb. 17, 2022. In addition, the company has entered a distribution deal with Gulf Distributing of Alabama. The agreement calls for Gulf to distribute SBEV’s SALT Naturally Flavored Tequila throughout the state as well as to participating military bases.
A division of Gulf Distributing Holdings LLD, Gulf Distributing of Alabama manages and operates seven individual beverage distributors that encompass central and southern Alabama as well as markets in Mississippi, representing more than 100 suppliers and services more than 10,000 retail accounts in its assigned territories. “We have a long-standing relationship with Gulf Distribution, and we are extremely excited to be working with their team,” said Splash Beverage CEO Robert Nistico in the press release. “Our brand, SALT Naturally Flavored Tequila, joins their blue-chip portfolio of beverages, including Coors, Heineken, Corona, Red Bull, Essentia Water, 7-Up and Snapple, and TapouT Performance Beverage in Alabama.
InvestorNewsBreaks – Splash Beverage Group Inc.’s (NYSE American: SBEV) TapouT Joins Heimark’s Renowned Brand Portfolio
Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced its entry into an agreement with Heimark Distributing. Under the agreement, Heimark will distribute Splash Beverage Group’s TapouT through the key Southern California markets. Based in Indio, California, Heimark Distributing has been serving Southern California since its founding in 1937. Heimark currently services over 1500 accounts in more than 60 cities across major portions of Riverside and San Bernardino Counties. “This latest distribution agreement marks our sixth distribution agreement since our November agreement with AB ONE and is another example of how the credibility that partnership brought us is helping us with other distributors,” said Robert Nistico, Splash Beverage Group’s chairman and CEO. “Heimark, already a distributor of our Copa di Vino and Pulpoloco product lines, has been distributing for Anheuser- Busch, a subsidiary of AB-ONE, since 1963, and we are proud to have the TapouT product line added to Heimark’s amazing portfolio of brands.”
To view the full press release, visit https://ibn.fm/FjpEd
About Splash Beverage Group Inc.
Splash Beverage Group, an innovator in the beverage industry, owns 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. Splash’s strategy is to rapidly develop early stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution. For more information about the company, visit www.SplashBeverageGroup.com.
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