RE:RE:BEVVivo is pretty much on life support at the moment. Sold all their investments and Hope property. Not profitable and moving in the wrong direction. Bevcanna currently has a ridiculous MC valuation of a $102M so in your opinion somebody may consider paying $140M @ a 30% premium.
They value themselves (at a premium) of $57M in assets.
They will continue losing money for at least another year (if not longer)
You're dilusional.
As for news. I can tell you they will be making an announcement every week. Why? Because that's what they do. It's not rocket science.
Just because they continue to put out costly NR's does not mean the releases are justified or credible.
As I stated on CEO, the Riviera NR is a joke.
See below:
"The Riviera announcement merely shows how spending $40M+ for the "pristine alkaline natural spring" doesn't mean anything. They will develop the same alkaline waters via reverse osmosis and electrolysis for mineral infusion to produce the same water from the pristine alkaline springs of Los Angeles. LOL"