Members just a quick update on WBEV. Winc., Inc. Ticker: (W | Bsc Coin Sales

Members just a quick update on WBEV.

Winc., Inc. Ticker: (WBEV:NYSE) is still our long term pick, and still on our radar as it’s trading at a 40% discount from it’s opening day IPO price of $14.
Many members may be asking why WBEV is trading below its 22 Million Dollar IPO open levels of $14 from just over a month ago and well WBEV story has just starting to gain mainstream traction and it will not be long before this story picks up momentum and the stock responds making a bullish run.

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Remember, not long ago one of the worlds biggest companies FACEBOOK IPO’d at $38 dollars only to bottom out at $18 dollar losing a 52 percent of its opening share price. FACEBOOK went on and recovered and become the world’s biggest innovators and now trades over 322 dollars per share.

Currently WBEV trades at around 1.6x sales which is below the industry average of around 4x, with greater growth potential. Companies coming to market such as Fresh Grapes (VINE), are looking at similar market cap of $120 mil with sales below $1 million dollars. Fresh Grapes (VINE) is set to IPO at around the $10 range with sub par market cap and sales numbers compared to $WBEV.

See that Fresh Grapes (VINE) IPO info here https://bit.ly/3oEM7tv

Just this week WBEV posted their 3rd quarter earnings for 2021, and they have increased since last year.

-Total net revenues increased 3.4% to $18.5 million
-Wholesale revenues increased 106.9% to $5.5 million
-DTC revenues declined 12.8% to $12.7 million
-Net loss increased from $1.3 million to $5.7 million
-Adjusted EBITDA* loss of $1.4 million versus a loss of $1.0 million
-“The five Core Brands” grew to a total of 44,797 cases, a 34% increase Retail accounts increased 53% to 11,476

Third quarter 2021 earnings report was great for WBEV, leading into the busy holiday season which may be their biggest sales quarter yet.

We are still bullish long term on WBEV as we believe it’s story has just started to hit the mainstream. WBEV could very well past it’s open day IPO prices of $14 and should climb higher based on other companies coming to market very soon such as Fresh Grapes (VINE). WBEV companies story and financials far surpass its direct competitors.

Here is a short clip of WBEV management talking about the companies direction at the stock exchange earlier last month. https://bit.ly/3oI07TE

WBEV is poised to continue to disrupt the $400 billion dollar a year wine industry and should still be on your radar as a long-term pick especially at these current price levels.

Additional WBEV DD:

Seeking Alpha Feature: Winc, Inc.(WBEV:US) Continues To Exceed Expectations And Disrupt The DTC Wine Industry
https://bit.ly/3lUJkL3

Seeking Alpha Coverage: Winc, Inc. (NYSE: WBEV) Just Secured A $22 Million IPO On The Strength Of Their Dynamic Omnichannel Approach To DTC Wine Sales
https://bit.ly/3EB5zx2

Winc, Inc. (WBEV) Disrupting a 400$ Billion Dollar Industry Video
https://bit.ly/3dv7cjM

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