Update

AwesomeStocks Hello! We wanted to send a brief update of our new alert, SBEV. Following our alert this morning, SBEV opened today at almost 0.70 and has so far rallied to a high of 0.71. Looking at the chart, SBEV could be positioning for a major bounce higher. In the event that SBEV makes higher lows, it has the potential to continue to breakout. In terms of upside potential, SBEV has a 50 day moving average of 0.91, more than 30% from today’s open. In the past few months, SBEV has rallied several times towards the 50 day moving average, providing massive gains. On several occasions it has even overshot it to the upside. Furthermore, SBEV has a RSI of 36, suggesting increased upside potential. In addition, the company’s recent accomplishments could be catalysts for growth. As a reminder, earlier this week the company announced: “Splash Beverage Group Enters New and Expanded Agreements with Distributors Covering Chicago, Mississippi, and Georgia” Importantly, as the company also noted: - “Splash Beverage also announced that one of the nation’s fastest growing pizza chains, Blaze Pizza, will carry Copa di Vino in nine locations across Southern California.” As the company further explained: “Chicago-based Lakeshore Beverage, a member of the Hand Family Companies, is well known as a premier beverage company in Chicago that has deep passion about beer, cider, spirits, and wine. The agreement ensures that Splash Beverage’s retail commitment to supply Pulpoloco in 7-Eleven stores will be well executed for the people of Chicago.” “Southern Beverage, headquartered in Ridgeland, Mississippi, has been a family-owned business since 1939, with five distribution centers and more than 260 employees distributing to 2,100 customers across 32 counties.” “Smyrna, Georgia-based United Distributors was founded in 1940 and is today the largest beverage alcohol distributor in both Georgia and Alabama.” Here are the company’s comments from this press release: “We’re proud to announce all these agreements at the same time,” said Robert Nistico, Chief Executive Officer of Splash Beverage Group. “We’ve been hard at work over the past few months putting all these pieces into place, and as can be seen, Splash’s footprint has increased significantly with this announcement. This is exciting news as we continue to execute on our distribution and retail strategy. As I discussed a couple of months ago, we push for distribution, support those efforts with marketing, then start pushing again for more distribution coverage. We’re getting additional coverage through Southern California, the mountain states, Chicago, Mississippi, and Georgia. We’re humbled to partner with all the great names in these regions and look forward to raising our visibility across the retail distribution world.” As the company recently explained: “We remain committed to executing a business plan that relies on 4 key pillars for success. We have a strong management team, we have a diverse portfolio of brands that match consumer trends, our marketing strategy continues to yield new distribution agreements and retail authorizations, and we have the financial flexibility we need. We look forward to the second half of 2023.” We are continuing to monitor this opportunity. Sources: [Forbes]( [IWSR]( [CB]( [GVR]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [PR8]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. Before investing in securities, you should always consult with your financial, tax and legal advisor and never invest money you cannot afford to lose. DISCLAIMER You should read and understand this disclaimer in its entirety before joining the website or email/blog list of AwesomeStocks.com (the “Publisher”). The information (collectively the “Advertisement”) disseminated by email, text or other method by the Publisher including this publication is a paid commercial advertisement and should not be relied upon for making an investment decision or any other purpose. 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