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Reed's, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, today announced that Cracker Barrel Old Country Store, Inc., headquartered in Lebanon, Tennessee, will carry Flying Cauldron® Butterscotch Beer and Virgil’s® Bavarian Nutmeg Root Beer 500 ml swing-lid bottles in all 630 of its corporate-owned retail locations. Cracker Barrel was established in 1969 and currently operates specialty, home-style country stores and restaurants in 42 states.
Initially launched as a limited-edition item in select locations, Cracker Barrel will now offer Virgil’s® Bavarian Nutmeg Root Beer full time across their national footprint. The pint-sized glass bottles feature a ceramic swing-lid resealable top, making it easier than ever to sip, share and enjoy handcrafted beverages with family and friends.
Virgil's® Bavarian Nutmeg Root Beer Swing-Lid: This rich and creamy Bavarian Nutmeg Root Beer recipe, which dates back to 1963, was the initial inspiration for the swing-lid bottle. Micro-brewed artesian water from the Bohemian Forest Region is paired with the finest natural ingredients sourced from around the world – including nutmeg, vanilla, cinnamon, anise and sweet birch – to deliver an authentic and refreshing Bavarian flavor.
Also, just in time for fall festivities and the holiday season, consumers can also delight in these limited-edition, Flying Cauldron® Butterscotch Cream Soda Swing-Lid sodas for all special occasions.
Flying Cauldron® Butterscotch Cream Soda Swing-Lid: Every sip of this non-alcoholic magical brew transports drinkers on an enchanting journey. Made from a charming combination of butterscotch, vanilla cream and quality all-natural ingredients, wizards and witches of all ages will love the refreshing taste and flavor of Flying Cauldron.
"Cracker Barrel Old Country Stores are unique and authentic, making their retail outlets a perfect fit to feature our special edition, naturally brewed sodas,” said Norman E. Snyder, CEO of Reed’s. “We are excited to further expand our product offerings to Cracker Barrel consumers across the nation with some of the most premium, craft brewed sodas in the market today.”
For more information about Virgil's please visit https://www.virgils.com/. Follow along at @drinkvirgils on Instagram, Twitter and Facebook.
For additional information about Flying Cauldron, please visit https://flyingcauldron.com/. Follow Flying Cauldron on Twitter, Instagram, and Facebook.
About Reed's, Inc.
Reed’s is an innovative company and category leader that provides the world with high quality, premium and naturally bold™ better-for-you beverages. Established in 1989, Reed's is a leader in craft beverages under the Reed’s®, Virgil’s® and Flying Cauldron® brand names. The Company’s beverages are now sold in over 45,000 stores nationwide.
Reed’s is known as America's #1 name in all-natural, ginger-based beverages. Crafted using real ginger and premium ingredients, the Reed’s portfolio includes ginger beers, ginger ales, ready-to-drink ginger mules, ginger shots, and ginger candies. The brand has recently successfully expanded into the zero-sugar segment with its proprietary, all-natural sweetener system.
Virgil's® is an award-winning line of craft sodas, made with the finest natural ingredients and without GMOs or artificial preservatives. The brand offers an array of great tasting, bold flavored sodas including Root Beer, Vanilla Cream, Black Cherry, Orange Cream, and more. These flavors are also available in nine zero sugar varieties which are naturally sweetened and certified ketogenic.
Flying Cauldron® is a non-alcoholic butterscotch beer prized for its creamy vanilla and butterscotch flavors. Sought after by beverage aficionados, Flying Cauldron is made with all-natural ingredients and no artificial flavors, sweeteners, preservatives, gluten, caffeine, or GMOs.
For more information, visit reedsmule.com, drinkreeds.com, virgils.com and flyingcauldron.com.
Investor Relations Contact
Sean Mansouri, CFA
Elevate IR
ir@reedsinc.com
(720) 330-2829
CEO Harry Vafias Commented
Our second quarter financial and operating results is a testimony that we are on track as per our commitment to our investors. As you may all recall, we had promised our shareholders growth and this is exactly what we are doing but at the same time keeping a very solid balance sheet. Our fleet of four vessels has grown to ten vessels within a six months’ period. We have also placed emphasis on capitalizing on market conditions; this quarter we successfully increased our revenue by $6 million compared to Q1 22’. The repositioning of our two suezmax vessels deprived us from further revenue generation but most importantly undermined our profitability by an excess of $2 million; the benefits of this decision will appear in the third quarter. We are confident that the next quarter’s profitability will emulate the revenue increase resulting from the current market conditions.
Second Quarter 2022 Results:
•
Revenues for the three months ended June 30, 2022 amounted to $11.3 million, an increase of $7.1 million, or 169.0%, compared to revenues of $4.2 million for the three months ended June 30, 2021, primarily due to the increase of our average fleet by two vessels and the improvement in market rates.
•
Voyage expenses and vessels’ operating expenses for the three months ended June 30, 2022 were $4.4 million and $3.3 million, respectively, compared to $0.6 million and $2.0 million, respectively, for the three months ended June 30, 2021. The $3.8 million increase in voyage expenses is mainly due to the increase in the spot days of our fleet by 159 days (468%) and the rise in bunker prices. This quarter we incurred $1.7 million of voyage costs due to the repositioning of our two suezmax vessels for a total period of 56 days. The $1.3 million increase in vessels’ operating expenses, was primarily due to the increase in the average number of our vessels and supply costs incurred in relation to the recent acquisition of our two suezmax vessels.
•
Depreciation for the three months ended June 30, 2022 and 2021 was $2.7 million and $2.2 million, respectively. The change is attributable to the increase in the average number of our vessels.
OPERATIONAL AND FINANCIAL HIGHLIGHTS
•
Strategic decision to strengthen our fleet further.
•
In July 2022, we entered into an agreement with an affiliated party to acquire two handysize dry bulk carriers, the Eco Bushfire (2011 built) and the Eco Angelbay (2009 built), for a total consideration of $39 million. Both vessels are Japanese built with an aggregate capacity of 64,000 dwt.
•
Fleet operational utilization of 82.5% in Q2 22’ – mainly due to the repositioning of our two suezmax tankers for a total of 56 days.
•
Revenues of $11.3 million in Q2 22’ up by $6.2 million or 121.6% compared to Q1 22’ due to further improvement in market rates and a higher number of vessels.
•
Net income of $0.1 million – undermined by the $2.4 million voyage and operating costs we incurred for the repositioning of our two suezmaxes- benefit of which will appear in Q3 22’.
•
EBITDA1 of $3.0 million in Q2 22’- 15.4% higher than in Q1 22’ and 114.3% or $1.6 million higher than in Q2 21’.
•
Cash and cash equivalents of $79.1 million as of June 30, 2022.
.58 > IMPP REVVING UP > GOING GANGBUSTERS!!!!!
IMPP IS A GREAT $$$$$ OPPORTUNITY.
.574 > HEADING TO .65+ TODAY!!!!!
The shipping rates for these tankers are based on WTI / Brent . The higher the petroleum markets, the higher the rates. IMPP revenues / gross profits are directly related to the price of oil. Also these ships can use 20,000 gallons of diesel fuel per hour while transporting their loads.
Profit margins are increasing . CEO stated IMPP rates are recently up 500% - 700%.
ENERGY INFLATION > IMPP PROVIDING SOLUTIONS FOR MANY NATIONS.
CEO stated IMPP rates are recently up 500% - 700%.
Aaron Judge hits # 38 Home Run >
Heavy Volume > 210M in AH.
GeoVax Labs, Inc. (Nasdaq: GOVX), a biotechnology company developing immunotherapies and vaccines against infectious diseases and cancer, announces today that it will report second quarter 2022 financial results on Wednesday, August 3, 2022 after the market closes.
Management will host a conference call at 4:30 p.m. ET on Wednesday, August 3, 2022 to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session.
As of today, 1,092 people have tested positive for orthopoxvirus in NYC, which is presumed to be monkeypox.' -NYC Healthy
July 26, 2022
World Health Organization declares monkeypox a public health emergency of global concern.
70 granted or pending patents > GeoVax Labs, Inc. is a clinical-stage biotechnology company developing human vaccines and immunotherapies against infectious diseases and cancer using novel proprietary platforms. GeoVax’s product pipeline includes two ongoing Phase 2 clinical trials of GEO-CM04S1 (formerly COH04S1) for COVID-19 as a universal booster vaccine to mRNA vaccines authorized by the U.S. Food and Drug Administration (FDA) and as a primary vaccine for use in immunocompromised patients. In addition to GEO-CM04S1 for COVID-19, GeoVax is developing GEO-CM02 as a pan-coronavirus vaccine. The Company is also conducting a Phase 1/2 clinical trial of Gedeptin® for treatment of head and neck cancer. Gedeptin® has been granted orphan drug status by the FDA. Additional research and development programs include preventive vaccines against Zika Virus, hemorrhagic fever viruses (Ebola, Sudan, Marburg, and Lassa) and malaria, as well as immunotherapies for multiple solid tumors. The Company’s portfolio of wholly owned, co-owned, and in-licensed intellectual property stands at over 70 granted or pending patent applications spread over 20 patent families. GeoVax, visit our website: www.geovax.com.
Top Reddit ShortSqueeze > TBLT
Added a few 5.40's > mini $20M offering closes tomorrow.
On Friday (July 22), country music star John Rich took to former President Donald Trump’s social media network, Truth Social, to announce what is sure to be a controversial new MAGA-inspired song titled “Progress.”
In the song’s lyrics, Rich remarks with an opinion on a variety of divisive subjects, including, in his view:
America’s replacement of religion with government
President Biden’s Build Back Better bill
Immigration and the deaths of American soldiers during the Afghanistan evacuation
How virus response measures encroached on freedom
And the shutting down of Main Street while Wall Street profited at all-time highs
And Rich’s reaction to all this “Progress,” as he calls it, is to take it all and stick it where the sun don’t shine.
The opening verse to the song laments how there is a feeling of emptiness plaguing the country:
There’s a hole in this country
Where it’s heart used to be.
Then it references societal division as symbolized by the burning of the American flag, while videos of fiery protests play in the background:
Old Glory’s divided on fire in the street.
After that, he dismisses President Biden’s virus relief and response bill:
They say building back better, will make America great
If that’s a wave of the future all I’ve got to say is….
Then the chorus rings out, which underscores the MAGA meaning of the lyrics:
Stick your progress where the sun don’t shine
Keep your big mess away from me and mine
If you leave us alone we’d all be just fine.
Then another verse opens, drawing a contrast between open borders and the deaths of American soldiers:
They invite the whole world to come live in our land
And leave our countrymen dying in Afghanistan.
He weaves in criticism of America’s substitution of devotion to small-town Christianity and self-sustainability for devotion to big government and centralized decision-making:
They say let go of Jesus and let Government save
You can have back your freedoms if you do what we say
They Shutdown our pipelines and they shut down our voices
And they shutdown our main streets
And they shutdown our choices.
All before concluding with what might be considered a sort of right-wing rallying cry:
They bent us all over but it’s all over now
Because we figured it out
We ain’t backing down
Yikes, serious stuff.
The Nashville-based Rich is no stranger to aligning himself with controversial conservative political figures. At the end of last year, he appeared on camera with The Daily Wire’s Ben Shapiro, whose media company is based out of Nashville.
TBLT loaded with cash + exponential REVENUE GROWTH.
TBLT doing about $5M each quarter on Amazon > “The Company’s growth remains significant despite unfavorable market conditions. Our sales through Amazon continue to be a driving force for ToughBuilt’s overall revenue growth. We look forward to expanding upon our product portfolio and revenue success.”
Only 4 million shares!
Added a few…private placement is better
The private placement closes in 48 hours > this Wednesday.
ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced that it has entered into definitive agreements with institutional investors for the issuance and sale of 4,000,000 shares of common stock (or pre-funded warrants in lieu thereof) and preferred investment options to purchase up to 8,000,000 shares of common stock at an offering price of $5.00 per share (or pre-funded warrant) and accompanying preferred investment options, in a private placement priced at a premium to market under Nasdaq rules. Each share of common stock (or pre-funded warrant) was sold in the offering together with a series A preferred investment option to purchase one share of common stock that is exercisable immediately for a term of three years at an exercise price of $5.00 per share and a series B preferred investment option to purchase one share of common stock that is exercisable immediately for a term of two years at an exercise price of $5.00 per share. The private placement is expected to close on or about July 27, 2022, subject to the satisfaction of customary closing conditions.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.
TBLT IS A GREAT $$$$$ OPPORTUNITY.
ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company’s gross sales for the quarter ended June 30, 2022 through Amazon.com were $3.56 million. This represents a 20% increase from the same quarter in 2021. Sales for the first half of 2022 increased by 24% to approximately $7.01 million compared to $5.31 million for the first half of 2021.
Michael Panosian, Chief Executive Officer of ToughBuilt, commented, “The Company’s growth remains significant despite unfavorable market conditions. Our sales through Amazon continue to be a driving force for ToughBuilt’s overall revenue growth. We look forward to expanding upon our product portfolio and revenue success.”
Hey, hey, we're the monkees,
You never know where we'll be found.
So you'd better get ready,
We may be comin' to your town.
Premarket Gainers:
Revelation Biosciences, Inc. (NASDAQ: REVB) rose 115.3% to $1.40 in pre-market trading after the company announced that primary endpoint was met in study for its treatment of allergic rhinitis.
GeoVax Labs, Inc. (NASDAQ: GOVX) rose 41.8% to $0.9013 in pre-market trading after declining 8% on Friday.
Chimerix, Inc. (NASDAQ: CMRX) rose 24.4% to $2.29 in pre-market trading after declining around 18% on Friday.
FaZe Holdings Inc. (NASDAQ: FAZE) rose 16.9% to $11.20 in pre-market trading. FaZe Clan recently completed combination with B. Riley Principal 150 Merger Corp.
SIGA Technologies, Inc. (NASDAQ: SIGA) rose 16.8% to $14.21 in pre-market trading after WHO declared Monkeypox a public health emergency of global concern. Other monkeypox-related stocks also moved higher.
Code Chain New Continent Limited (NASDAQ: CCNC) rose 15.5% to $0.4397 in pre-market trading after declining around 12% on Friday.
Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) rose 14.3% to $1.36 in pre-market trading after WHO declared Monkeypox a public health emergency of global concern. Other monkeypox-related stocks also moved higher.
Versus Systems Inc. (NASDAQ: VS) rose 12.5% to $0.45 in pre-market trading. Versus Systems recently announced that it has signed its first television contract for new sports team-focused TV channel, which is expected to be launched in Q4 2022.
CN Energy Group. Inc. (NASDAQ: CNEY) rose 11.7% to $2.78 in pre-market trading after declining 7% on Friday.
Timber Pharmaceuticals, Inc. (NASDAQ: TMBR) rose 11.2% to $0.30 in pre-market trading.
AeroClean Technologies, Inc. (NASDAQ: AERC) rose 10.1% to $9.28 in pre-market trading after dropping 13% on Friday.
AcelRx Pharmaceuticals, Inc. (NASDAQ: ACRX) rose 9.6% to $0.2570 in pre-market trading after dropping around 8% on Friday.
ThermoGenesis Holdings, Inc. (NASDAQ: THMO) rose 9.5% to $0.23 in pre-market trading after dropping 10% on Friday.
>>>>> 8.20 in AH <<<<<
TBLT
Potential 20.00+ in early August. > Company revenues growing exponentially, especially on Amazon.
TBLT
TBLT IS A GREAT $$$$$ OPPORTUNITY.
TRANSFER AGENT
VStock Transfer, LLC
18 Lafayette Place
Woodmere, NY 11598
T: 855-9VSTOCK
ABOUT TOUGHBUILT INDUSTRIES, INC.
ToughBuilt is an advanced product design, manufacturer and distributor with emphasis on innovative products. Currently, we are focused on tools and other accessories for the professional and do-it-yourself construction industries. We market and distribute various home improvement and construction product lines for both the do-it-yourself and professional markets under the TOUGHBUILT brand name, within the global multibillion dollar per year tool market industry. All of our products are designed by our in-house design team. Since launching product sales in 2013, we have experienced significant annual sales growth. Our current product line includes three major categories, with several additional categories in various stages of development, consisting of Soft Goods & Kneepads and Sawhorses & Work Products. Our mission is to provide products to the building and home improvement communities that are innovative, of superior quality derived in part from enlightened creativity for our end users while enhancing performance, improving well-being and building high brand loyalty. Additional information about the Company is available at: https://www.toughbuilt.com/.
TBLT @ 8.15 in AH.
>>>>> 7.98 close <<<<<
Short positions disengaged > Easy 10.00+ @ closing bell.
TBLT
9.33 > TBLT
She's tough! She's built! > Let's go TBLT !
TBLT > 9.21
TBLT > 9.00 > hod!
We're all makin bank! > TBLT IS A GREAT $$$$$ OPPORTUNITY.
You mean going to $2.00