QualityStocksNewsBreaks – Splash Beverage Group Inc. (SBEV) Files First-Quarter 2021 Financial Report
Splash Beverage (OTCQB: SBEV), a holding company with a leading portfolio of beverage brands, announced that it has file its Q1 2021 Report for the period ending March 31, 2021. Highlights of the report include the company’s quarter-over-quarter sales growth and increase in cash equivalents. The company reported that it had cash and cash equivalents totaling $1,225,406, compared to $380,000 on Dec. 31, 2020. The report noted that the increase is primarily due to cash received from SBEV’s PPM, an offering comprised of 3,636,364 shares of common stock at a purchase price of $1.10 per share resulting in total gross…