Independent Research, Food Delivery Space, Newmoon Capital

Newmoon Capital

We look for owner-operators in what we believe are either highly defensible assets or soon to be highly defensible assets, trading at a fraction of their future potential.

Independent Research, Food Delivery Space

Equity Bottom-Up

<ul><li>Eastside Distilling looks like an attractive short at the current price given its uneconomical business model, negative growth, and current liquidity/solvency crisis</li><li>There are very identifiable catalysts over the next 6 months that can push the company into bankruptcy</li><li>There might also technical factors that adds selling pressure to the stock, further juicing the risk/reward</li></ul>

Eastside Distilling looks like an attractive short at the current price given its uneconomical business model, negative growth, and current liquidity/solvency crisisThere are very identifiable catalysts over the next 6 months that can push the company into bankruptcyThere might also technical factors that adds selling pressure to the stock, further juicing the risk/reward

Eastside Distilling

Eastside Distilling: Time is running out