New Age Beverage Corporation is the next Helios (HMNY)

new age bevereage

Looking at New Age Beverage Corporation seems to be a Wall Street equivalent of touching a hot stove, burning yourself, then doing it again. CEO Brent Willis seems to be burning through cash to keep that stove hot as well.


Take a look at some of the highlights of recent cash injections

  • April 10, 2018
    • Priced offering of 2.285 million shares
    • Gross proceeds of $4 million
  • June 21, 2018
    • Closes $4.75 million financing facility
  • August 13, 2018
    • Announces new $12 million line of credit
  • August 22, 2018
    • Prices offering of 8.2 million shares
    • Gross proceeds of $9.5 million

In the span of less than 6 months, New Age Beverage Corporation takes in $30 million in cash, and still needs to find more money. Not a good sign. Take into consideration that the CEO also has a historical performance metric on the low side of lackluster, and that’s a fair assessment. Losing over a $1 billion in shareholder from his 3 previous companies (COTT, ECIG, and XFTBE), and currently taking NBEV from $7 a share to $.25 a share, New Age isn’t doing too hot.

While looking at this stock, and the mountains of debt and dilution that is going on, either stay far far away from this stock, or initiate a short position.

Shorts for this one still will have some value, as $1.28 is still greater than zero, but it’s headed to zero and joining the ranks of HMNY as on of the biggest losers of the year.

New Age Beverage also just had Q2 results post on the 14th of August, and they missed earnings per share estimate by $0.07, losing $0.09 on this deal -$0.09 (just to clarify).

They also missed on revenue, with that clocking in at $13.36 million, an 11.5% loss in sales revenue year to date. Analysts estimated that revenue would come it over $15 million, but this revenue was miles away from an $80 million dollar annual run rate (from the CEO himself).

Stay away from this stock, or if you want to make money, short it if your broker can find it.

January 2, 2021 Update: We have just announced our BEST STOCK NEWSLETTER of 2020 AWARD!

CLICK HERE to find out which stock newsletter was up 78% in 2020 (and whose 2019 picks are now up 113%).

*** Our Award for BEST STOCK NEWSLETTER of 2020 ALERT ***

Updated January 2, 2021

At WallStreetSurvivor, we subscribe to dozens stock recommendation and advisory newsletters. There is ONE newsletter that is constantly outperforming all of the others--The Motley Fool Stock Advisor.

Five of their 2020 stock picks have doubled and the average return of all 24 of their stock picks for 2020 is up 78%!

We have been tracking ALL of the Motley Fool stock picks since January 2016. That's 5 years and 120 stock picks. As of Friday, January 1, 2021 the Motley Fool's January stock pick (TSLA) is up 720%, their March pick (ZM) is up 172%, their April pick of SHOP is up 226% and their June pick CRWD is up 120%; and another two have more than doubled. In addition, 10 of their 2019, 12 of their 2018, 11 of their 2017, 15 of their 2016. Most impressively, over the last 5 years that we have been tracking every recommendation, their average stock pick is up 209%--tht means over the last 5 years their stock picks, on average, have TRIPLED!

Now no one can guarantee that their next picks will be as strong, but our 5 years of experience has been super-profitable. The important thing about the Fool stock picks is you have to buy them the day they are recommended because they usually pop 5-10% in the first 72 hours after the release their recommendation. You sure don’t want to risk missing out on their next pick.

Normally the Fool service is priced at $199 per year but they are currently offering a NEW SUBSCRIBER DISCOUNT that allows you to get theiir next 24 stock picks for just $99/year. HERE is the LINK to visit their New Subscriber Discount page.

CLICK HERE to get access to all The Motley Fool’s Stock Picks and their next 12 months of picks for just $99 per Year! 



Robinhood was the first brokerage site to NOT charge commissions when they opened in 2013. They just past 10,000,000 accounts and to celebrate they are offering up to $1,000 in free stock when you open a new account.

Here’s the details: You must click on a special promo link to open your new Robinhood account. Then when you fund your account with at least $10, you will receive one stock valued between $5 and $500. Then, you will get a link to share with your friends. Every time one of your friends opens an account, you will receive another free stock valued between $5 and $500. Click here to learn more about this Special Robinhood offer.

Claim your free stock NOW (before it’s too late)

Comments are closed.