(NEW YORK)–Splash Beverage Group, Inc. (OTC: SBEV) continues its strong climb upward since going public, and now aims for potential up-listing to the NASDAQ Exchange.
Splash Beverage has been making a big ‘splash’ with investors ever since taking its company public through reverse merger in mid-August.
Rapid Distribution Growth
Ever since listing publicly the company expanded its distribution to Walmart locations throughout the U.S. for its SALT Naturally flavored Tequila, with 100% Agave.
The Company announced availability in Florida and New Mexico, and added select Walmart locations in Arizona and Southern California via its deal with Young’s Market Company, a premier distributor of wines, spirits and select beverages in the western United States.
Splash also announced deal with Discount Drug Mart to distribute the Company’s TapouT Beverages, a complete line of high-performance sports drinks, to all Midwest locations. https://discount-drugmart.com
Finally in early Sept 2020, the company announced that Major Brands, a leading Missouri distributor of premium spirits, wine, beer and non-alcoholic beverages, and the largest distributor that remains Missouri-owned and operated, will be distributing the Company’s SALT Naturally Flavored Tequila with 100% Agave to all Fresh Thyme Market™ locations in the state.
NASDAQ Exchange Listing
If the rapid expansion of products to market wasn’t enough now comes potential the company may make a move to up-list to the NASDAQ Exchange.
In a recent interview with the Stock Day Podcast, Robert Nistico, the CEO of Splash Beverage Group commented, “It’s more than a rumor, it’s our intention and in fact, we have actually already filed our S1 with the SEC,” said Nistico, adding that the Company will be assigning an underwriter within the next few days and hopes to completed with the up-listing process within 60-90-120 days. “We do believe we are qualified.”
Splash Beverage also received a research upgrade, from Ludlow Research, to $5.00+ per share based on their rapid distribution growth, strong management team, and higher than expected demand from retail investors.
A copy of the report can be found at https://ludlowresearch.com/reports
About Splash Beverage Group, Inc.
Splash Beverage Group specializes in manufacturing, distribution, sales & marketing of various beverages across multiple channels. SBEV operates in both the non-alcoholic and alcoholic beverage segments which they believe leverages efficiencies and dilutes risk. http://splashbeveragegroup.comStart Online Video Courses Today!