Ann: Rapid Insights, page-15

this stock is cheap on every metric. None of you are speaking about their Agave project and the new appointee out of LVMH, Trent Fraser. He is a weapon and reduces the execution risk in my view. Escrow stock ended and sellers sold into a buyer yesterday at a whopping discount, which was surprising - but the brokers clearly worked to get their clients set at a price.. was also a lot fewer shares than people expected = all remaining shareholders are happy holders. Buyers are around and cant get set. The only risk to this - is if the buyers get frustrated and walk away. Yes - likely that they raise $$ next year, but the stock is cheaper now than when they raised significant money before they IPO'd. No way they raise it down here. Stock is trading at more than a 50% discount to where it raised money in early 2020.

NED is for the every day man. Is popular and sells well. They sell as much as they have (think about that). Vodka is premium and the take up since launch in October has been solid - they could have a bigh summer if we re open. And they are selling into China. Agave is a game changer.