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Re: yahoojason post# 8039

Friday, 11/21/2014 2:42:44 PM

Friday, November 21, 2014 2:42:44 PM

Post# of 49370
Nice News
ngover Joe’s Holding Corporation. (OTCQB: HJOE) The maker of “The Hangover Recovery Shot” and developers of an innovative state of the art proprietary “Git-R-Done-Energy Shot” with Git-R-Done Productions, Inc. and Larry the Cable Guy released its 10-q for the third quarter 2014. While the Company showed losses at similar rates to the historic norm, the company is pleased to announce it has the sales cycle to retailers back on track which is a huge step in the process of bringing the company to success. With continued improvement in this arena, this gives the company more tools to solve its remaining challenges. For the quarter ended September 30, 2014 the Company reported approximately $50,000 in net sales under generally accepted accounting principles and an additional $35,000 in deferred revenue on product shipments that occurred late in the quarter that we have not yet received payment for bringing total sales to right at $85,000. This includes test markets from which we are seeing encouraging results and in some cases from larger chains. The company reports it is receiving reorders from older customers as well as newer customers and has achieved a healthy geographic spread for its products as the brand building process is underway.

“I, for one, am very pleased with the 7000 plus percent increase in net sales for this quarter in comparison with the last quarter this year ending June, 30, 2014,” said Matthew Veal, CEO. “Of course there are areas for further improvement, but this confirms to us and hopefully to our shareholders, that we have products people will buy and will continue to buy. This is just the start for us….”

The Git-R-Done-Energy Shot is now out in Canada with Jimmy Zee, our Canadian distributor who sells into over 5K stores in Canada. Mr. Zee reordered product from us this quarter and reports the product is selling very well in Canada. Our plan is to launch the brand nationwide in Canada in 2015 and already some of Canada’s larger chains have expressed serious interest into carrying Git-R-Done Energy in 2015. We have also had some of America’s largest retail chains come to us for consideration into their 2015 Planograms said Shawn Adamson Co-Founder of Hangover Joe’s and head of marketing and sales. We are getting a lot of interest from many different sectors of the market, from convenience stores to grocery stores and also from other retailers that carry health and beauty products. This is a brand that is very functional and has huge appeal to both retailers and consumers. It’s also exciting to be able to report that some of the nation’s largest retailers have asked us for samples of other flavors which are in development right now for their consideration along with our core product in 2015. We received positive data during our test marketing during our soft launch and had positive data to provide to retailers that requested this information. Git-R-Done Energy is a new brand and is performing very well for a new product just introduced to the market. We are extremely excited about where this product can go and deeply appreciate Larry The Cable Guy for his proactive involvement in helping promote and move the brand forward

dkw

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