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The sector in general seems to be showing signs of life. VATE is the best of the best. We will move faster and higher than most when it's all said and done.
Getting soooooo close.
Mitch will bring us home!
Mitch is going to bring us home.
When I met with RM they told me that the NM distributor was so successful they wanted to expand aggressively into AZ!
Looks like they are killing it!
Elev8 Brands, Inc. Improves Lives of Professional Athletes with Newest Partnership
Source: InvestorsHub NewsWire
Elev8 Brands, Inc. Improves Lives of Professional Athletes with Newest Partnership
New Mexico Distributor’s Sales of Elev8 Hemp Quadruple
ORLANDO, FL -- January 10, 2020 -- InvestorsHub NewsWire -- Elev8 Brands, Inc. (OTCQB: VATE), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages along with an array of CBD topicals and tinctures, connects with athletes seeking to improve their health and performance through CBD use in its new partnership with Linda Bos of Outwest 505 Distributing and the New Mexico Runners, a professional arena soccer team based in Rio Rancho, New Mexico.
?
According to Healthline, many current and former professional athletes in various sports are endorsing the use of CBD. With more athletes looking to improve their health and performance with CBD-infused products, such as creams and beverages, Elev8 Brands, Linda Bos of Outwest 505 Distributing and the New Mexico Runners can connect to the athlete community in Rio Rancho and reach those who are interested in benefiting from CBD.
"We understand that CBD has the ability to promote alertness and boost energy along with encouraging faster and better muscle recovery for our athletes,” says Andres Trujillo, team owner and president of the New Mexico Runners. "Since CBD is more readily available, partnering with Elev8 Brands and Linda Bos of Outwest 505 Distributing means we can offer our athletes products to help them feel and perform at their best."
This partnership comes as the New Mexico Runners kickstart their second professional area soccer team season in the Major Arena Soccer League 2 and as Outwest 505 Distributing grows its footprint in New Mexico and expands the business into Arizona.
“As a result of our focus on the benefits of CBD and Elev8 Hemp beverages, I’ve seen sales rise,” Linda Bos of Outwest 505 Distributing explains. “Since local customers are buying up to four ready-to-drink teas at a time, stores went from buying one 12-pack case per week to four cases per week. To keep up with high demand, we just ordered five pallets of product. Once our geographic expansion is complete, we expect to order eight pallets a month and divide it up to meet the needs of retailers in both New Mexico and Arizona. All of this growth is exciting for everyone involved.”
For Ryan Medico, Elev8 Hemp’s CEO, this partnership means a strong start to what he believes will be another successful year.
“Linda has been incredible to work with,” Ryan says. “It’s strong partnerships like this one that get us excited about our continued growth in the CBD space. We hope to build upon our success in the new year and continue to align Elev8 Hemp with organizations like the New Mexico Runners who immediately understand the value of our products.”
Very well stated.
This is only the beginning! VATE is the real deal!
Fun times just beginning
Reasons why I am committed to VATE:
Nearly two years ago I bought into VATE due to the promise of hemp coffee. I tried it and could immediately tell it was a great tasting quality product. As I investigated the company in more detail, I began to know Ryan Medico. Ryan is a young, aggressive, intelligent and ethical CEO. His education and background in accounting and finance sets him up perfectly to navigate the shark infested waters of business and OTC. He has developed a business plan that allows him to systematically move the company forward and yet flexible enough to adjust to the unknowns that we all are painfully aware of, including; banking, credit, CBD regs, interstate commerce, Amazon, etc.
As it became clear that the exponential growth we all desire was to land on CBD, I contacted RM and scheduled a face to face meeting with him last February and again in September. During our discussions it was clear that he had the vision and temperament to make Elev8 a success. He informed me that he was to be launching CBD RTD coffee and tea, which he allowed me to taste. The flavors were fantastic. They included; peach, lemon, green tea hibiscus and CBD iced coffee. It was immediately clear that he had a winner.
Since then he announced the retirement of over 160,000,000 shares and has made the investments necessary to grow the business as aggressively as possible under the current regulatory climate. VATE is now able to produce the coffee in house with the purchase of Blessed Bean. The investment in BB has opened the door to new offerings like single serve coffee, numerous new flavors, as well as a lucrative white label business.
Due to the amazing acceptance of the RTD tea they are now increasing their focus on that market with the launch of the additional flavors of RTD tea. With a good Q4, VATE could crack $1M in revenues for 2019.
RM has also been extremely judicious as it relates to the packaging and promotion of the current product line and any future offerings. It is common knowledge that the lack of FDA guidance has made the business climate extremely challenging. Only those companies that have taken baby steps and have made every effort to “dot all the i’s and cross all the t’s” will stand a chance. I believe RM has done everything possible to ensure success. Until the FDA is crystal clear we won’t know for sure if RM nailed it but I believe he will.
I have made no bones about my commitment to VATE. However, it goes far beyond what you all see on paper. I have gotten to know RM and I believe him to be as committed to the success of this company and to the shareholders as anyone I have ever met. In order maximize shareholder value he has kept the staff to a minimum and is working 80-90 hours a week handling many of the business functions himself until they hit the proper inflection point. This is the main reason press releases are limited. He is simply focused on executing the business. I have been an executive in business myself in the tech industry and retired after 25 years running global sales. I know what it takes to succeed in business and Ryan Medico is making all the right moves.
If you don’t want to take my word for it then go to Orlando and meet Ryan for yourself. Then let me know your thoughts.
If I am wrong I am out a significant amount of money. But... If I am right then I am at the beginning of something magical!
Happy New Year to everyone on the VATE board! (Well... Almost everyone;))
Happy New Year!!!!
2020 is going to be one for the record books
Higher
Merry Christmas all!
Merry Christmas!
Both the Raspberry and the Peach have hit the mark. Each has a very lively flavor but also subtle. It doesn't overpower. The bottles are so well done. They will be a no brainer for retail stores.
Can't wait to see them on every shelf in America.
I am looking forward to trying the hibiscus green tea soon.
Merry Christmas!
Just got my peach and raspberry RTD tea!
Wow!!! Fantastic!
Yep. I loaded this morning.
Reasons why I am committed to VATE:
Nearly two years ago I bought into VATE due to the promise of hemp coffee. I tried it and could immediately tell it was a great tasting quality product. As I investigated the company in more detail, I began to know Ryan Medico. Ryan is a young, aggressive, intelligent and ethical CEO. His education and background in accounting and finance sets him up perfectly to navigate the shark infested waters of business and OTC. He has developed a business plan that allows him to systematically move the company forward and yet flexible enough to adjust to the unknowns that we all are painfully aware of, including; banking, credit, CBD regs, interstate commerce, Amazon, etc.
As it became clear that the exponential growth we all desire was to land on CBD, I contacted RM and scheduled a face to face meeting with him last February and again in September. During our discussions it was clear that he had the vision and temperament to make Elev8 a success. He informed me that he was to be launching CBD RTD coffee and tea, which he allowed me to taste. The flavors were fantastic. They included; peach, lemon, green tea hibiscus and CBD iced coffee. It was immediately clear that he had a winner.
Since then he has made the investments necessary to grow the business as aggressively as possible under the current regulatory climate. VATE is now able to produce the coffee in house with the purchase of Blessed Bean. The investment in BB has opened the door to new offerings like single serve coffee, numerous new flavors, as well as a lucrative whitel label busines.
Due to the amazing acceptance of the RTD tea they are now increasing their focus on that market with the launch of the additional flavors of tea. I expect those to hit shelves by late November/early December. In addition, with a good Q4, VATE could crack $1M in revenues for 2019.
RM has also been extremely judicious as it relates to the packaging and promotion of the current product line and any future offerings. It is common knowledge that the lack of FDA guidance has made the business climate extremely challenging. Only those companies that have taken baby steps and have made every effort to “dot all the i’s and cross all the t’s” will stand a chance. I believe RM has done everything possible to ensure success. Until the FDA is crystal clear we won’t know for sure if RM nailed it but I believe he will.
I have made no bones about my commitment to VATE. However, it goes far beyond what you all see on paper. I have gotten to know RM and I believe him to be as committed to the success of this company and to the shareholders as anyone I have ever met. In order maximize shareholder value he has kept the staff to a minimum and is working 80-90 hours a week handling many of the business functions himself until they hit the proper inflection point. This is the main reason press releases are limited. He is simply focused on executing the business. I have been an executive in business myself in the tech industry and retired after 25 years running global sales. I know what it takes to succeed in business and Ryan Medico is making all the right moves.
If you don’t want to take my word for it then go to Orlando and meet Ryan for yourself. Then let me know your thoughts.
If I am wrong I am out a significant amount of money. But... If I am right then I am at the beginning of something magical!
GLTA!
It appears that we are at the very early stages of a thaw. The interest level in the sector seems to be increasing over the last month or so. My guess is we will see some entries into the sector this week in anticipation of the budget deal. CBD is not the top headline with the media but if it is approved it will jump in visibility very quickly.
I believe we are at the finish line and we will skip from the thaw to mania very quickly after Christmas.
January and February will be one for the record books.
Cheers.
We are sooooo close!
Looks like someone has put up quite a wall. Games to aquire more shares before the run. Someone take that dude out:)
VATE is the only CBD company holding its own right now. We will run the hardest and highest once the freeze ends.
I agree. As good as RM is at executing against his business plan it is unfortunate that he doesn't scream his successes from the mountain top.
However, he has done everything he said he would do and will hit the benchmarks he has set for the business. I would rather have long term success than a short term pop so all is well.
I have no doubt that VATE will lead the pack once the thaw occurs.
Cheers
The activity on this board is increasing nicely. Welcome all newcomers to the best stock on the OTC!
Still some scared folks out there. Once they are gone we fly. Soon.
Great summary Erpy!
I doubt VATE will be under .02 much longer
Thanks Erpy. Now slap that ask buddy:)
Let me help you... 162M common. Dude
How many common shares does 2.7M convert to "dude". Do the math
Medico is on the job baby! Best CEO on OTC!
Elev8 Brands, Inc. Eliminates Over 2.7 Million Preferred Shares
Source: InvestorsHub NewsWire
Elev8 Brands, Inc. Eliminates Over 2.7 Million Preferred Shares
ORLANDO, FL -- December 4, 2019 -- InvestorsHub NewsWire -- Elev8 Brands, Inc. (OTCQB: VATE), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages along with an array of CBD topicals and tinctures, announces an exchange agreement to eliminate all 2,746,732 of Kona Gold Solutions’ Preferred Series D shares.
In a contract between the two companies, Kona Gold Solution has agreed to exchange its Preferred Series D shares into a $1,500,000 non-convertible promissory note payable within 10 years.
Elev8 Brands CEO, Ryan Medico, states, “This is very exciting for both companies. We strive to keep our share structure very clean, so an opportunity to reduce this number of shares was well worth it. A 10-year term gives Elev8 a realistic timeframe to pay back the note while reducing our outstanding shares.”
“Elev8 Brands has been a fantastic partner to work with over the years and I’m excited about this agreement that will mutually benefit both Companies,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “Both Companies have experienced substantial growth and this agreement will further allow opportunities in the future.”
About Elev8 Hemp: Elev8 Hemp’s mission is simple: craft the highest-quality, organic hemp products for consumers in search of a healthier, happier lifestyle. Everyone needs to get the proper amount of healthy proteins to keep them feeling better and more energetic. We source only the best organic hemp protein powders—naturally full of powerhouse amino acids and Omegas-3, 6, and 9—so we can infuse your daily coffee and tea with an abundance of minerals, vitamins, antioxidants and fiber.
Mother Nature creates this pure hemp with a rare, perfect balance for optimal nutrition and exceptional taste. Elev8 Hemp takes these raw, natural products and transforms them into delicious CBD-infused beverages that will become your new favorite daily drink. CBD-infused coffees and teas are our specialty, and we take our mission very seriously. Let us do what we do best and let achieving a healthier lifestyle be as simple as remembering your morning cup.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
www.elev8hemp.com
(407) 377-6693
ir@elev8hemp.com
Elev8 Brands, Inc. Eliminates Over 2.7 Million Preferred Shares
Source: InvestorsHub NewsWire
Elev8 Brands, Inc. Eliminates Over 2.7 Million Preferred Shares
ORLANDO, FL -- December 4, 2019 -- InvestorsHub NewsWire -- Elev8 Brands, Inc. (OTCQB: VATE), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages along with an array of CBD topicals and tinctures, announces an exchange agreement to eliminate all 2,746,732 of Kona Gold Solutions’ Preferred Series D shares.
In a contract between the two companies, Kona Gold Solution has agreed to exchange its Preferred Series D shares into a $1,500,000 non-convertible promissory note payable within 10 years.
Elev8 Brands CEO, Ryan Medico, states, “This is very exciting for both companies. We strive to keep our share structure very clean, so an opportunity to reduce this number of shares was well worth it. A 10-year term gives Elev8 a realistic timeframe to pay back the note while reducing our outstanding shares.”
“Elev8 Brands has been a fantastic partner to work with over the years and I’m excited about this agreement that will mutually benefit both Companies,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “Both Companies have experienced substantial growth and this agreement will further allow opportunities in the future.”
About Elev8 Hemp: Elev8 Hemp’s mission is simple: craft the highest-quality, organic hemp products for consumers in search of a healthier, happier lifestyle. Everyone needs to get the proper amount of healthy proteins to keep them feeling better and more energetic. We source only the best organic hemp protein powders—naturally full of powerhouse amino acids and Omegas-3, 6, and 9—so we can infuse your daily coffee and tea with an abundance of minerals, vitamins, antioxidants and fiber.
Mother Nature creates this pure hemp with a rare, perfect balance for optimal nutrition and exceptional taste. Elev8 Hemp takes these raw, natural products and transforms them into delicious CBD-infused beverages that will become your new favorite daily drink. CBD-infused coffees and teas are our specialty, and we take our mission very seriously. Let us do what we do best and let achieving a healthier lifestyle be as simple as remembering your morning cup.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
www.elev8hemp.com
(407) 377-6693
ir@elev8hemp.com
Hot Damn! 2.7M preferred shares retired
Elev8 Brands, Inc. Eliminates Over 2.7 Million Preferred Shares
Source: InvestorsHub NewsWire
Elev8 Brands, Inc. Eliminates Over 2.7 Million Preferred Shares
ORLANDO, FL -- December 4, 2019 -- InvestorsHub NewsWire -- Elev8 Brands, Inc. (OTCQB: VATE), a holding company focused on the commercial development of hemp and cannabinoid-infused beverages along with an array of CBD topicals and tinctures, announces an exchange agreement to eliminate all 2,746,732 of Kona Gold Solutions’ Preferred Series D shares.
In a contract between the two companies, Kona Gold Solution has agreed to exchange its Preferred Series D shares into a $1,500,000 non-convertible promissory note payable within 10 years.
Elev8 Brands CEO, Ryan Medico, states, “This is very exciting for both companies. We strive to keep our share structure very clean, so an opportunity to reduce this number of shares was well worth it. A 10-year term gives Elev8 a realistic timeframe to pay back the note while reducing our outstanding shares.”
“Elev8 Brands has been a fantastic partner to work with over the years and I’m excited about this agreement that will mutually benefit both Companies,” stated Robert Clark, CEO of Kona Gold Solutions, Inc. “Both Companies have experienced substantial growth and this agreement will further allow opportunities in the future.”
About Elev8 Hemp: Elev8 Hemp’s mission is simple: craft the highest-quality, organic hemp products for consumers in search of a healthier, happier lifestyle. Everyone needs to get the proper amount of healthy proteins to keep them feeling better and more energetic. We source only the best organic hemp protein powders—naturally full of powerhouse amino acids and Omegas-3, 6, and 9—so we can infuse your daily coffee and tea with an abundance of minerals, vitamins, antioxidants and fiber.
Mother Nature creates this pure hemp with a rare, perfect balance for optimal nutrition and exceptional taste. Elev8 Hemp takes these raw, natural products and transforms them into delicious CBD-infused beverages that will become your new favorite daily drink. CBD-infused coffees and teas are our specialty, and we take our mission very seriously. Let us do what we do best and let achieving a healthier lifestyle be as simple as remembering your morning cup.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
www.elev8hemp.com
(407) 377-6693
ir@elev8hemp.com
Indeed
Excellent post Sleek! You summed up my thoughts and then some.
Anybody that thinks CBD isn't going to be legal is dreaming. I'll buy as many shares of VATE as I can get my hands on. This is the best CBD related company on OTC.
I could care less if VATE falls further. It will simply allow me to add to the 6.1M shares I have been able to accumulate.
I will wait as long as it takes and load as many as I can.
Any stock on OTC is a risk but I believe in the products, the future of CBD and most of all this company and Ryan Medico. I believe RM is the real deal. I have met him twice, shaken his hand and looked him in the eye. So far he has delivered on all commits.
If I am wrong I'll live to fight another day. But if I am right..... Wow!
GLTA
I agree. Also great day to buy with abbreviated session.