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Current Share Price: 2.410 
Grizzly Research LLC
Initial Report Date(2019/06/27)Share Price:4.560  
NBEV Shareholders got Duped in the Morinda Transaction
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We believe that Morinda’s China business is in jeopardy of being totally shut down, supporting our conclusion that any growth Morinda is claiming it has experienced in China, or that NBEV is expecting to realize from China is in the rear-view mirror and irrelevant. Our research combined with our on-the-ground research proves that Morinda is conducting illegal MLM operations in the majority of China provinces/cities that it operates in. Specifically, it is doing business in regions where it does not have a direct selling license to operate in.
By wantattse 
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