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What is your break even? Until next consolidated earnings report comes in, upside may be capped at 3-5$ range but assuming they pull off the miraculous, and uplist to a listed exchange, this can go on a historic tear. There's no ceiling in that case. Already trading as if float is being cornered. If they uplist, those shares become borrows and a squeeze can be initiated.
TransWorld/GOIP Bolsters Board
Wednesday, June 10, 2020 9:00 AM EDT
NEW YORK, NY / ACCESSWIRE / June 10, 2020 / GoIP Global Inc (OTC PINK:GOIG) announced today the appointment of Mr. James F. Murphy to the Board. Mr. Murphy brings more than 40 years of investigative and consulting experience as the Founder and President of Sutton Associates. From 1980 to 1984, Mr. Murphy was an Assistant Special Agent in Charge with the Federal Bureau of Investigation, responsible for a territory encompassing more than seven million people. His investigative specialties included organized crime, white-collar crime, labor racketeering and political corruption. From 1976 to 1980, Mr. Murphy was assigned to the Office of Planning and Evaluation at FBI headquarters, Washington, D.C. In this capacity, he evaluated and recommended changes in the FBI's administrative and investigative programs. Since entering the private sector in 1984, Mr. Murphy has advanced the industry by developing systematic and professional protocols for performing due diligence, as well as other investigative services.
Ken Orr, GoIP's President and Chairman commented, "As we progress in reorganizing GoIP and its Board, we are happy to announce Jim's addition. Jim brings experience and verifiability to GoIP, as we build GoIP/ TransWorld. We have completed our audits which are expected to be posted in the next few days on OTC exchange, a step towards being a fully reporting SEC company."
About GoIP Global/ TransWorld Holdings Inc.
TransWorld will focus on acquiring controlling interests in profitable basic businesses. Initially, TransWorld will focus on acquiring transportation companies, simple technology service businesses and or consumer products businesses as well as making active investments. GoIP is in the process of changing its name to TransWorld Holdings Inc. www.transworldenterprises.com and will apply for a new symbol.
Breakout volume....lots of new faces. New posts. Maybe this is ready to turn the corner. Everyone seems to be finding out about it somehow. Is this, dare I say, cause for optimism in this name? Fingers crossed
No one knows when. Your prediction of "As soon as possible" is purely speculation. It would be nice if they address it in future press. Anyway, Nice to finally see some action in this. Traded over $40K worth today. There were weeks that went by where it didn't even trade a quarter of that.
All the info is in the press releases. There's only 2.
There will be an eventual R/S as company previously announced. No date given. But this volume is very promising. We haven't seen these levels in a few months.
Maybe with the regime change it will actually break out. I saw the same resistances you did. .0010-.0012 were strong resistance. .0005-.0006 were supports for a long time. Makes sense now that .0006 has some size on those offers. I would think most anyone stuck in this for a while looking to bail.
I've seen subbies trade huge volume and make big moves recently. $GTEH traded almost a million dollars worth today. A frigging subpenny trading $1MM. That's crazy. So ya never know, there's precedent for a huge run here if the momo crowd finds this.
Company alluded to future accretive acquisitions and finishing audits to become current. So there are potential catalysts.
TransWorld is negotiating agreements to acquire two home delivery businesses which are both profitable, growing and opportunistic given new consumer buying habits. The Company expects to close a number of transactions this calendar year, all of which are expected to be accretive.
GoIP/TransWorld expects to update its financial filings and become a fully reporting company in short order.
Transportation and Logistics is very hot theme in OTC world. Check out $TLSS on the pink sheets. Stock was under $0.02 just 2 weeks ago, and today hit $0.27 on astronomical volume. It's currently trading $20M - $25 M dollars worth daily. https://finance.yahoo.com/quote/TLSS/history?p=TLSS
Imagine if even a fraction of that flowed over into $GOIG? The supply chain has even greater importance to the US, and the world, now that it was interrupted from Corona. It's essential for goods and services to be delivered.
While I applaud your enthusiasm, there is no way this is going to $0.10. However, if they do put in some profitable, accretive acquisitions, there's no reason this can't break out over 24 months highs (.0018) which would be a triple from here. Above that who knows, .0025? .0050? I've owned shares of this for 1 1/2 yrs. Everytime it ran, it stalled at right around the same pricepoint (.0011/.0012). That would be the first target on a run. That's still double from here. Maybe this group actually pulls it off.
New Website: https://transworldenterprises.com/
I would expect they will update the website with the recent news and developments. Interim CEO and Chairman have extensive bios and one would assume quite knowledgeable on building a real company.
About TWE: TransWorld Enterprises is a holding company targeting acquisitions in a diverse array of business industries and specialties, including: Investment, Transportation, Technology, and Asset Based Lending. Our goal is to deliver solid and consistent value to our shareholders.
Current operating subsidiaries are in the following industries:
A) Transportation i.e. Fedex routes
B) Consumer Products i.e Branded Consumer Care Products
C) Asset Based Loans and other investments - Managed by KORR Acquisitions Group, our investment segment looks to add value for our shareholders and will participate with KORR in shareholder activism.
True...any admins still following this?
New Website: https://transworldenterprises.com/
This link needs to be bookmarked over the previous one, as well as description updated.
So far very simple website but the new players are industry veterans so hopefully they know what they're doing and can build this worthless shell into something.
They will spend millions and millions to fund acquisitions but wont spend just a few minutes to proofread press releases and their own quotes. Kenneth Orr, GoIP’s’ Chairman and President, commented, “TransWorld’s mission is to assemble a team of professionals and companies that are value driven and ‘profitable’ and not speculative in natural.
Obviously they meant "in nature" but c'mon, hire a real IR firm to vet these releases and answer shareholder inquiries. If you're writing these big checks, and want to maximize your investment, you can't just throw shit against a wall and hope it sticks. Please learn from these early mistakes. Those last 2 press releases could have had serious effect if they took some time before sending them out to have them properly vetted. Not smart at all.
GOIP Appoints Three New Directors and Outlines its Strategy Going Forward
New York, NY, May 21, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- GoIP Global Inc (GOIG) announced today the appointment of three new directors. The three new directors are Phil Scala, Justin Deutsch and Kenneth Orr. Bios on each are listed below. GoIP Global will change its name to TransWorld Holdings Inc. As previously announced, GoIP/TransWorld closed on an institutional funding. GoIP/TransWorld expects to update its financial filings and become a fully reporting company in short order. The TransWorld website can be found at www.transworldenterprises.com.
TransWorld’s mission is to operate as a profitable holding company operating in a number of business segments, initially including transportation, simple technology services, consumer goods and active investments. TransWorld’s primary focus is to bring value to its shareholders.
TransWorld is negotiating agreements to acquire two home delivery businesses which are both profitable, growing and opportunistic given new consumer buying habits. The Company expects to close a number of transactions this calendar year, all of which are expected to be accretive.
Kenneth Orr, GoIP’s’ Chairman and President, commented, “TransWorld’s mission is to assemble a team of professionals and companies that are value driven and ‘profitable’ and not speculative in natural. The goal is to build market cap through a series of accretive acquisitions, building real and sustainable shareholder value. TransWorld is in final discussions to acquire several Home Delivery businesses which are profitable, growing and timely in the current environment. We will remain industry agnostic while seeking opportunity for our company and expect to close several transactions this year.” Continuing, Mr. Orr stated, “Specific to our new directors, Justin and Phil are wonderful additions and the first of several as we assemble a world class team to execute on our vision. Our Institutional funding partner is a top tier organization, and I thank them for their initial support, and look forward to growing together.”
Kenneth Orr, Chairman and President
Kenneth Orr, founder and CEO of KORR Acquisitions Group, Inc. has initiated numerous activist investments, all of which have outperformed the markets, proved profitable, and have provided Ken with specific skills and knowledge that can only be gained through experience. Mr. Orr acquired Herold Securities in 1994 and renamed the firm First Cambridge Securities. FCS established offices in New York City and Los Angeles. As Chief Executive Officer, Kenny built the firm to over 400 employees with more than 15,000 clients. Clearing through Bear Stearns, FCS quickly became one of Bear Stearn’s largest correspondents. FCS was an underwriter, syndicate member and/or placement agent in billions of dollars’ worth of IPOs, secondary offerings and private placements. In addition to brokerage services, FCS maintained a proprietary trading desk, fixed income department and a research department. Co-underwriters and/or syndicate members of FCS included Starr securities, Fagenson & Co., Merrill Lynch, Bear Stearns, Montgomery, and Rausher Pierce. Notable underwritings and/or investment focuses included Rentway, which later sold to Rent-A-Center in 2003, and Ivax Corporation, which sold to Teva in 2005, creating the largest generic drug manufacturer in the world. Kenneth Orr is a graduate of Tufts University (‘88 – Bachelor of Science), Columbia Business School (Value Investing) and Harvard Business School (Leading with Finance).
Philip P. Scala - Interim CEO and Board Member - Pathfinder Consultants International, Inc. | Founder & CEO - Former FBI Supervisory Special Agent
Prior to forming Pathfinder Consultants International, Philip Scala served the United States both as a Commissioned Officer in the US Army for five years followed by his 29 years of service with the FBI. Mr. Scala served in the United States Army from 1974 through 1979. He graduated from the Airborne, Ranger, and Pathfinder Schools (Honor Graduate) at the Fort Benning Infantry School, and served with the First of the Sixth Infantry, First Armored Division, in the Federal Republic of Germany (1974-1977). During his service, he was promoted to the rank of Captain. Upon acceptance in to the FBI academy, Captain Scala resigned his commission, and entered the FBI Academy located on the United States Marine Corps Base at Quantico, Virginia; graduating and being appointed as a Special Agent of the FBI, in April of 1979. Throughout his 29-year career with the FBI, he worked, supervised and lead investigations on nearly every type of federal crime, including securities fraud, white collar crime, money laundering, tax violations, narcotics, racketeering, homicide, violent crime, firearms, and public corruptions. Mr. Scala has been the recipient of numerous commendations and awards for outstanding service, notably the FBI Shield of Bravery, as a group commendation, as the SWAT team leader of the Al-Qaeda Bomb Factory Raid, on June 3, 1993. Mr. Scala was assigned to the Criminal Division of the New York Office. He served in numerous assignments within the Organized crime branch and was sent to the Defense Language Institute in Monterey, California to gain proficiency in the Italian/ Sicilian languages. Mr. Scala participated in the investigations of the La Cosa Nostra Commission, “the murder of Paul Castellano”, “the investigation, and cooperation of Sammy Gravano”, the investigations and convictions of Gambino leaders, Neil Dellacroce, and John J. Gotti. As part of the investigations of the La Cosa Nostra, Mr. Scala and his team infiltrated both the Italian and Russian Mob which lead to numerous convictions for Tax Violations, Racketeering as well as change IRS code to prevent these activities in the future. In addition, he served five years in numerous undercover positions in the national security and criminal divisions.
Mr. Scala served 15 years in the New York SWAT team, including the leadership of the Brooklyn-Queens team and Senior team leader for the New York Division from 1990-1995. His training included certifications as Rappel-Master, Tactical Instructor, Sniper, and Firearms instructor. He has participated in numerous SWAT operations, arrests, skyjackings and raids, including the Hell’s Angels HQ, the Atlanta Prison uprising, and the rescue of a mutinied oil tanker (Liberian-flagged, “Ypapanti”), in the Atlantic Ocean. In 1993, he led the raid on the Al-Qaeda bomb factory, where five terror operatives were arrested, and seized five explosive drums intended to destroy the United Nations, Federal Plaza, and the city’s tunnels. On May 10, 1998, Mr. Scala was selected as a Supervisory Special Agent for the Gambino La Cosa Nostra Squad (C-16). During his tenure, the squad successfully investigated and prosecuted the Mob infiltration of Wall Street, the New York Waterfront investigation, “Murder Incorporated,” labor racketeering, the NY Construction Industry, dismantlement of the Gambino family in NY and Sicily, the NBA referee case, and the largest consumers’ fraud ($1 billion) in US history, which involved the mob’s infiltration of the internet, telecommunications, and banking industries. From 2003-2008, Mr. Scala developed and implemented the NY Office’s Leadership Development Program, which assisted relief supervisors develop excellence in leadership through mentoring, journalizing, “Best Practice” experiences, and accountability tools. The program was designed to be continuous, progressive, and measurable in assisting the FBI leaders maximize their leadership potential throughout their careers. Mr. Scala received his bachelor’s degree and Master of Business Administration in accounting from St. John’s University; he also earned a Master of Arts degree in Psychology from New York University.
JUSTIN E. DEUTSCH – Independent Board Member
Justin joined Weybosset Research & Management, LLC in October 2014 as a portfolio manager. Prior to joining the firm, he was an equity analyst and trader at Bay Crest Partners for five years, specializing in large cap companies. Justin has been instrumental in helping build portfolios at Weybosset – think, trains, truck engines, beer, industrial gasses, and retailing. Before Bay Crest, Justin worked as head trader and portfolio manager for Horn Capital Management, a hedge fund based in New York City. Justin received his BA from New York University and most recently attended the Harvard Kennedy Schools program, Investment Decisions and Behavioral Finance. He currently splits his time between New York and Providence.
About GoIP Global/ TransWorld Holdings Inc.
TransWorld will focus on acquiring controlling interests in profitable basic businesses. Initially, TransWorld will focus on acquiring transportation companies, simple technology service businesses and or consumer products businesses as well as making active investments. GoIP is in the process of changing its name to TransWorld Holdings Inc. www.transworldenterprises.com and will apply for a new symbol.
Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.'s control. In addition to those discussed in GoIP Global, Inc.'s press releases, public filings, and statements by GoIP Global, Inc.'s management, including, but not limited to, GoIP Global, Inc.'s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.'s ability to raise additional capital to fund future operations, GoIP Global, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Contact:
GoIP Global Inc
ko@transworldenterprises.com
1-917-268-0660
Better Choice Company Signs Memorandum of Understanding with Nutrisur S.A. for Development Rights of CBD Infused Pet Supplements
https://finance.yahoo.com/news/better-choice-company-signs-memorandum-110000021.html
NEW YORK, April 12, 2019 (GLOBE NEWSWIRE) -- Better Choice Company, Inc (BTTR) (BTTRD) (the “Company”) is pleased to announce that it has signed a memorandum of understanding (“MOU”) with Nutrisur S.A. (“Nutrisur”), an Uruguayan company dedicated to the production and commercialization of food and nutritional supplements for animals, for the exclusive rights to develop cannabidiol (“CBD”) infused supplements, treats and other products for pets, based on ingredients adequate for their respective diets.
“Nutrisur has a long history in developing innovative products focused on animal nutrition. Joining forces with their experienced team to exclusively develop a range of Bona Vida branded supplements, treats and other products leveraging the Bona Vida CBD is what we consider just the beginning of a long-term synergistic relationship. We are excited to help Nutrisur enter the rapidly growing CBD market, while leveraging their established production facilities located in Uruguay. We look forward to the growth we can achieve together,” said Damian Dalla-Longa, Co-Chief Executive Officer of Better Choice Company.
“In founding Nutrisur our goal has always been to provide the best products for animal nutrition. We are excited to enter the increasingly popular CBD market. As veterinarians we believe in the health benefits of CBD for pets. We are looking forward to the development process with the Bona Vida team to explore all of the innovative products that we can create here in Uruguay,” said Carlos Velázquez, Co-founder and Chief Executive Officer of Nutrisur.
About Nutrisur
Nutrisur is a 100% Uruguayan company dedicated to animal nutrition. After working for more than 20 years in the livestock sector, veterinarians Carlos Velázquez and Ramón Juambeltz founded Nutrisur, a company devoted to the production and commercialization of food and nutritional supplements for animals. Nutrisur emphasizes on innovation and the development of products designed for the specific needs of producers and their animals, and is made up of a team of workers, technicians and entrepreneurs who strive to provide the best solutions for their clients and anticipate their requirements; promoting more efficient production methods, and priding themselves on doing business ethically, with respect to the environment. For more information, please visit http://www.nutrisur.com.uy/.
About Better Choice Company, Inc.
At the foundation of Better Choice is the belief that good health practices and nutrition contribute to and promote a higher quality of life. Recently, Better Choice entered into definitive agreements to acquire TruPet an online seller of pet foods, flea and tick products pet nutritional products and related pet supplies and Bona Vida, an innovative emerging CBD platform, focused on developing a portfolio of brand and product verticals within the animal and human health and wellness space. For more information, please visit https://www.betterchoicecompany.com.
Better Choice Company Appoints Four New Board of Director Members
https://finance.yahoo.com/news/better-choice-company-appoints-four-130000491.html
NEW YORK, March 22, 2019 (GLOBE NEWSWIRE) -- Better Choice Company, Inc (BTTR) (OTCQB:BTTRD) (the “Company”) today announced the appointment of Lori Taylor, Damian Dalla-Longa, Jeff Davis and Michael Galego to join Michael Young on the Board of Directors.
“We are pleased to have Lori, Damian, Jeff and Michael join our company board, each of whom are well-respected professionals with extensive industry, marketing and financial experience,” stated Michael Young, Director of Better Choice Company. “Together, we will prove to be an effective and well-rounded board, each with unique skill-sets and expertise that will allow us to work cohesively and grow our business.”
Full Board of Director Backgrounds:
Michael Galego has been the Chairman of the board of directors as of March 15, 2019 and served as director of ICC Labs Inc since October 2018. Michael served an as attorney at Osler, Hoskin & Harcourt LLP from 2006 to 2010, focusing on merger and acquisitions, corporate finance, and securities laws. From 2010 to 2016, Michael Galego served as counsel to Pacific Rubiales Energy Corp., Gran Colombia Gold Corp., PetroMagdalena Energy Corp., and CGX Energy Inc. Furthermore, Michael was the Chief Executive Officer of the Stronach Group, Agricultural Division, a division of the family office of Frank Stronach, from 2016 to 2017. Michael was also a co-founder and director of ICC Labs from 2015 to 2018, which was the first South-American-licensed producer of cannabis and the first recreational cannabis producer to be listed on a public stock exchange and led its sale to Aurora Cannabis in November 2018. Michael was named to Lexpert Magazine’s “Top 40 Under 40” in 2013 and he is currently a member of the board of directors of Western Atlas Resources, Apolo II Acquisition Corp. and Apolo III Acquisition Corp.
Michael Young has served as Director since December 2018 and is the Founding Partner of Cottingham Capital since January 2017. From March 2016 to January 2017, Michael was Managing Director and Co-Head of Global Trading at GMP Securities Toronto. From July 2012 to March 2016, Michael worked as Managing Director and Head of US Equity Trading at GMP Capital USA in New York and was previously a Director at Nuverra and ICC Labs.
Lori Taylor is Better Choice Company’s Co-Chief Executive Officer since March 4, 2019 and has been a member of the board of directors since March 15, 2019. Prior to her Co-CEO position, Lori was the Chief Executive Officer of TruPet, which she founded, leading it to be named #39 on Inc.com’s list of fastest-growing private companies in the United States in 2018. Since April of 2009, Lori served as the Chief Executive Officer of RevMedia Marketing LLC and through her leadership, was named a Forbes Top 50 Social Media Power Influencer in 2012 and 2013 and a Forbes Top 20 Female Social Media Influencer in 2013.
Damian Dalla-Longa is Co-Chief Executive Officer alongside Lori since March 4, 2019, and has been a member of the board of directors since March 15, 2019. Before being acquired by Better Choice Company, Damian was the Chief Executive Officer of BonaVida since October 2018. Additionally, Damian worked as a Partner at Albaron Partners since August 2017 and from April 2016 to May 2017, Damian worked as Sector Head at Magnetar Capital. From August 2012 to March 2016, he was an Investment Analyst at King Street Capital Management and has extensive experience investing in, and operating, commodity-related and consumer-facing businesses.
Jeff Davis, who has been as a member of the Board of Directors since March 15, 2019, is the Founder and CEO of Molio Inc., a venture-backed, creative and media analytics agency. Prior to being CEO, Jeff worked in several roles at Procter & Gamble for a total of 23 years, where he spent time in numerous product sectors (consumer-packaged goods, pharmaceuticals and beauty). After retiring from Procter & Gamble in 2009, Jeff became director and CEO of Orabrush Inc., which was acquired by DenTek Oral Care, Inc. in 2015. Jeff is currently a member of the board of directors for Fabric, Curza, Dermaflage, the Hale Centre Theatre, and the Lassonde Entrepreneur Institute at the University of Utah.
Better Choice Company Announces the Appointment of Former CPG-Executive Jeff Davis to Board of Directors
https://finance.yahoo.com/news/better-choice-company-announces-appointment-120000207.html
NEW YORK, March 19, 2019 (GLOBE NEWSWIRE) -- Better Choice Company, Inc (BTTR) (OTCQB:BTTRD) (the “Company”) announced today the appointment of Jeff Davis to the Company’s Board of Directors.
Jeff is the Founder and CEO of Molio Inc., a venture-backed, creative and media analytics agency, famous for building brands on YouTube. For 23 years, Jeff built brands at Procter & Gamble, in numerous product sectors (consumer-packaged goods, pharmaceuticals and beauty) and in several countries (USA, Canada, Germany, Czech Republic, Slovakia).
At Molio, Jeff brings deep brand expertise, having built a creative agency with proprietary hyper-targeted media buying capability to build and launch brands and validate innovation.
After retiring from P&G in 2009, Jeff was the angel investor, board member and eventual CEO of Orabrush Inc., which pioneered Molio’s model and successfully built the Orabrush tongue cleaner brand. According to Google, Orabrush was one of the first companies to build and commercialize a product on a global level leveraging YouTube advertising and recognized Orabrush as one of the 10 most iconic ad moments on YouTube alongside billion-dollar brands. Orabrush became the #1 tongue cleaner in the world and was acquired by DenTek Oral Care in 2015.
At the University of Utah business school, Jeff serves as adjunct professor of Marketing and is a published academic author. Jeff currently serves as a board member to: Fabric (start-up), Curza (start-up), Dermaflage (start-up), Hale Centre Theatre and the Lassonde Entrepreneur Institute at the University of Utah.
We don't know when or if these financials are coming. I've been in this since Sept. I was up huge when this hit .30s and I drank the kool aid I read on this board and waited for for dollars. Then added on the pullback to 20's and high teens. Needless to say now I'd love to sell this in mid teens and move on. Can't believe all this crap posted on here day after day. I'm not a basher. I'm a disgusted long. And I honestly don't know what to believe anymore.
don't care how low it goes? that's crazy talk. NO 2 ways about it, this situation sucks for longs
https://www.reuters.com/article/us-uber-ipo-banks/uber-hires-more-ipo-underwriters-as-it-prepares-to-go-public-sources-idUSKBN1QT34W
Smaller rival Lyft Inc is racing to list in the stock market at the end of March. While Uber will not beat Lyft to an IPO, the preparations are aimed at giving it the flexibility to go public as early as the first half of 2019, the sources said.
Better Choice Company Announces Launch of 9 New CBD Product SKUs
https://www.otcmarkets.com/stock/BTTR/news/Better-Choice-Company-Announces-Launch-of-9-New-CBD-Product-SKUs?id=221210
NEW YORK, March 12, 2019 (GLOBE NEWSWIRE) -- Better Choice Company, Inc (OTCQB: BTTR) (OTC QB: SENZ) (the “Company”) today announced the launch of 9 new hemp-based canine cannabidiol (“CBD”) product SKUs as the integration of TruPet and Bona Vida continues to accelerate.
The new CBD products will be available online at www.bonavida.com shortly, and include the following SKUs:
Relaxation & Heart Support CBD Chews
Muscle & Joint CBD Chews
Skin & Body CBD Chews
Freeze Dried Beef Topper with CBD
Freeze Dried Duck Topper with CBD
Freeze Dried Turkey CBD Chews
Freeze Dried Beef CBD Chews
Freeze Dried Duck CBD Chews
Freeze Dried Whitefish CBD Chews
“We are excited to announce this significant corporate milestone for Better Choice as we continue to expand within the global hemp and CBD market,” said Damian Dalla-Longa, Co-CEO of BTTR. “Our corporate finance, operational and regulatory infrastructure is creating the world’s leading animal health and wellness platform and we are excited about the company’s very near-term growth prospects.”
“With the introduction of 9 new hemp-based CBD canine products, Better Choice continues to deliver on our corporate mission of developing products that create longer, better lives for pets, and peace of mind for pet parents,” Said Lori Taylor, Co-CEO. “Our ability to bring high quality CBD products to market quickly emphasizes the power of our consolidated platform with TruPet and Bona Vida. We are building a transformational business within the CBD industry and look forward to watching Better Choice grow globally over the next 24 months.”
On March 1, 2019 the Company announced definitive agreements to acquire TruPet LLC and Bona Vida, Inc, and on March 5, 2019 the Company announced the appointment of Damian Dalla-Longa and Lori Taylor as Co-CEOs of the Company.
About Better Choice Company, Inc.
At the foundation of Better Choice is the belief that good health practices and nutrition contribute to and promote a higher quality of life. Recently, Better Choice entered into definitive agreements to acquire TruPet an online seller of pet foods, flea and tick products pet nutritional products and related pet supplies and Bona Vida, an innovative emerging CBD platform, focused on developing a portfolio of brand and product verticals within the animal and human health and wellness space. For more information, please visit https://www.betterchoicecompany.com.
About TruPet, LLC.
TruPet, LLC and TruDog, a division of TruPet, were founded in 2013 by Lori Taylor. The family-owned animal health company based in Ohio currently employs 52 animal-loving employees. The company began after founder Lori Taylor lost her Great Dane, Truman, to cancer at an early age. Determined to find out why her vibrant dog developed cancer, she set out to learn the truth about pet products. Through her research, she discovered that most commercial products simply do not provide the level of nutrition and quality that dedicated pet parents demand, so she developed her own brand of freeze dried, biologically appropriate raw products for dogs. TruDog is the first division of TruPet LLC, which is currently launching lines of food, supplements, and pet care products for dogs, cats, and horses. The company is named in honor of Truman, the Great Dane who sparked the search for better pet products.
About Bona Vida Inc.
Bona Vida is a developer of a portfolio of brand and product verticals within the animal and adult health and wellness space and plans to become the preeminent player in the hemp-derived CBD industry. Importantly, Bona Vida will only be sourcing CBD from industrial hemp. Bona Vida is developing and operating in the hemp-derived CBD space and will focus on the following markets: Pets (dogs and cats), veterinary, livestock and human health and wellness. For more information, please visit: www.bonavida.com. Bona Vida can be reached at: info@bonavida.com.
New Symbol: BTTR - get your popcorn ready bring the BuTTeR. Let's see if this name change brings any eyes and excitement. Otherwise watching paint dry.
More News. Let's see if this turkey does anything.
Sport Endurance Enters into Definitive Agreements to Acquire TruPet and Bona Vida
https://finance.yahoo.com/news/sport-endurance-enters-definitive-agreements-120000689.html
BROOKLYN, N.Y., March 01, 2019 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (SENZ) (the “Company”), to be reincorporated as Better Choice Company, Inc., today announced entering into definitive agreements to acquire TruPet LLC (“TruPet”), a family-owned animal health company dedicated to supplying the TruDog line of nutritional treats, supplements, and pet care products for dogs, cats, and horses, and Bona Vida Inc. (“Bona Vida”), a CBD platform, focused on developing a portfolio of brand and product verticals within the animal and human health and wellness space. Financial terms of the transactions were not disclosed.
David Lelong, Chief Executive Officer of Sport Endurance, stated, “The definitive agreements to acquire TruPet and Bona Vida supports the shift in our brand to Better Choice Company, an animal and adult health and wellness company. TruPet will add key strengths to our company, such as: a broad product line, a proven marketing track record, a loyal customer base, brand recognition, and a growth-driven business strategy. Together, with Bona Vida’s extensive knowledge and reach within the CBD industry, we believe that the combination of these businesses, positions us for growth in a rapidly emerging industry. As a result of these acquisitions, we fully expect to increase our market share in the existing animal health market while capitalizing on the high growth we expect within the CBD industry. Importantly, legislation and industry reform is expected to continue supporting our platform and we look forward to capitalizing on this trend.”
“The founders and executives of TruPet and Bona Vida have created great companies with ambitious goals and solid execution strategies. Through the acquisition of TruPet and Bona Vida, we are excited to have the integrated team focus on accelerating the growth of current product lines, while capturing the market potential of CBD,” commented Michael Young, Chairman of the Board of the Company. “Going forward, we plan to expand both our manufacturing and distribution in the United States through new markets such as Nashville, Tennessee and abroad with the goal of becoming a dominant player worldwide.”
About TruPet, LLC.
TruPet, LLC and TruDog, a division of TruPet, were founded in 2013 by Lori Taylor. The family-owned animal health company based in Ohio currently employs 52 animal-loving employees. The company began after founder Lori Taylor lost her Great Dane, Truman, to cancer at an early age. Determined to find out why her vibrant dog developed cancer, she set out to learn the truth about pet products. Through her research, she discovered that most commercial products simply do not provide the level of nutrition and quality that dedicated pet parents demand, so she developed her own brand of freeze dried, biologically appropriate raw products for dogs. TruDog is the first division of TruPet LLC, which will eventually launch lines of food, supplements, and pet care products for dogs, cats, and horses. The company is named in honor of Truman, the Great Dane who sparked the search for better pet products.
About Bona Vida Inc.
Bona Vida is a developer of a portfolio of brand and product verticals within the animal and adult health and wellness space and plans to become the preeminent player in the hemp-derived CBD industry. Importantly, Bona Vida will only be sourcing CBD from industrial hemp. Bona Vida is developing and operating in the hemp-derived CBD space and will focus on the following markets: Pets (dogs and cats), Veterinary, Livestock and human health and wellness. For more information, please visit: www.bonavida.com. Bona Vida can be reached at: info@bonavida.com.
About Sport Endurance, Inc., to be Reincorporated as Better Choice Company, Inc.
At the foundation of Sport Endurance is the belief that good health practices and nutrition contribute to and promote a higher quality of life. The goal of Sport Endurance is to improve the health of others by providing quality and effective nutritional supplement products. Sport Endurance is currently seeking opportunities in the CBD and hemp, industries. For more information, please visit http://www.sportenduranceinc.com and https://www.betterchoicecompany.com.
Sport Endurance Signs Letter of Intent to Acquire CBD Animal Health and Wellness Company, Bona Vida
https://finance.yahoo.com/news/sport-endurance-signs-letter-intent-130000875.html
BROOKLYN, N.Y., Feb. 07, 2019 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (SENZ) (the “Company”), to be reincorporated as Better Choice Company, Inc., today announced that it has signed a Letter of Intent (“LOI”) to acquire Bona Vida Inc. (“Bona Vida”), an innovative emerging CBD platform, focused on developing a portfolio of brand and product verticals within the animal and human health and wellness space. Bona Vida will be exclusively focused on CBD derived from industrial hemp, with the goal of becoming the dominant worldwide player in this high growth industry.
“The potential acquisition of Bona Vida is a key step forward towards becoming a leader in the CBD pet space,” said David Lelong, Chief Executive Officer of Sport Endurance. “As part of our business strategy, we have been exploring opportunities to further develop a CBD-infused line of animal products. Bona Vida offers a range of trusted CBD products as well as expertise in formulation, research and development, manufacturing support, quality control, and company oversight that will prove to be extremely valuable as the Company continues to grow. Additionally, the integration of Bona Vida allows us to diversify our product development and distribution strategy in a way that will be synergistic with our proposed acquisition of TruPet, which offers its own unique product line and distribution channels.”
Damian Dalla-Longa, CEO of Bona Vida, said, “The Bona Vida team and I are pleased to be working with a team that shares the same vision and enthusiasm that I have for the pet CBD industry. We are at the beginning of a fundamental shift in the global acceptance of CBD as a lifestyle improvement product and with the passing of the Hemp Farming Act within the 2018 Farm Bill in December 2018, we see exciting new market opportunities opening for CBD-based wellness products across the board,” said Dalla-Longa. “We believe that positive regulatory tailwinds will continue to enhance market access for consumers and that industrial hemp is quickly becoming an agricultural commodity with almost limitless product alternatives.”
“Bona Vida strives to be the market leader in all of these verticals by deploying a contract manufacturing and distribution model that currently does not exist in the space. This will provide Bona Vida with a first-mover competitive advantage, help scale the business quickly and deliver maximum value to all shareholders,” said Dalla-Longa.
About Bona Vida Inc.
Bona Vida’s goal is to be the leading developer of a portfolio of brand and product verticals within the animal and adult health and wellness space and plans to become the preeminent player in the global hemp-derived CBD industry. Importantly, Bona Vida will only be sourcing CBD from industrial hemp. Bona Vida is developing and operating in the global hemp-derived CBD space with a focus on the following markets: Pets (dogs and cats), Veterinary, Livestock and human health and wellness. For more information, please visit: www.bonavida.com and @bonavidacbd on Facebook, Instagram and Twitter. Bona Vida can be reached at: info@bonavida.com.
More news and OTCX constantly low offer, just keeps selling selling selling. How much paper is out there? Whomever has the cheap stock is just a dick in how they sell it. Give this dog a chance to breathe.
Sport Endurance to Reincorporate as Better Choice Company, Inc.
BROOKLYN, N.Y., Jan. 16, 2019 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (OTCQB: SENZ) (the “Company”), today announced that it is reincorporating the Company in Delaware and renaming it as Better Choice Company, Inc. The official name change, which is subject to FINRA approval, reflects the new direction of the Company’s business in line with its recent announcement to acquire TruPet LLC (“TruPet”), the parent company of TruDog, a family-owned pet food company dedicated to supplying the TruDog line of nutritional food, supplements, and pet care products for dogs, cats, and horses.
David Lelong, Chief Executive Officer of Sport Endurance, stated, “We are excited to announce beginning the process of rebranding Sport Endurance as Better Choice Company. We believe this name more properly aligns our company with the new direction we are headed beginning with our entrance into the pet nutrition market through the planned acquisition of TruPet. Our long-term growth strategy is to provide better choice solutions through unique health benefits of CBD usage.”
“The rebranding of Sport Endurance as Better Choice Company is a key step in solidifying the Company’s corporate message going forward,” commented Michael Young, Chairman of Sport Endurance. “Better Choice Company will provide consumers with ‘better choice’ solutions for themselves and their beloved pets through traditional as well as unique hemp and hemp-derived treatment product options.”
About Sport Endurance, Inc., to be Reincorporated as Better Choice Company, Inc.
At the foundation of Sport Endurance is the belief that good health practices and nutrition contribute to and promote a higher quality of life. The goal of Sport Endurance is to improve the health of others by providing quality and effective nutritional supplement products. Sport Endurance is currently seeking opportunities in the CBD, hemp, and legal cannabis industries. For more information, please visit http://www.sportenduranceinc.com and https://www.betterchoicecompany.com.
You're right. This really is a total piece of shit. I fell for the hype too and got suckered in. This is going nowhere. Just pure speculation and hypothesis. So far all are wrong and this goes lower and lower and lower. Bleh.
That was an ugly selloff on the news. There's actually a few positives to glean from the release. Some potential on the horizon. I guess someone didn't like the direction the co is going and exited stage left - and not too gracefully.
This is a f*ck job. Stock used to be paper thin. Now nonstop selling. Ever since the private placement and cheap stock issuance, this has gone downhill. Very upsetting for those who actually bought in the open market.
Item 1.01 Entry into a Material Definitive Agreement .
On December 12, 2018 (the “Closing Date”), Sport Endurance Inc. (the “Company”) closed a private placement offering (the “Offering”) of 37,066,668 units (the “Units”), each unit consisting of (i) one share of the Company’s common stock, par value $0.001 per share (the “Common Stock”) and (ii) a warrant (the “Warrant,” and collectively, the “Warrants”) to purchase one half of a share of Common Stock. The Units were offered at a fixed price of $0.075 per Unit for gross proceeds of approximately $2.8 million. The Warrants are exercisable over a two-year period at the initial exercise price of $0.15 per share. The Company entered into a Securities Purchase Agreement, dated as of the Closing Date (the “SPA”) with each investor in the Offering.
In connection with the Offering, the Company also entered into a Registration Rights Agreement, dated as of the Closing Date (the “Registration Rights Agreement”) with each investor in the Offering. Pursuant to the Registration Rights Agreement, the Company agreed to use commercially reasonable efforts to file with the Securities and Exchange Commission a registration statement on Form S-1 (or other applicable form) within 60 days following the Closing Date to register the resale of the shares of Common Stock sold in the Offering and shares of Common Stock issuable upon exercise of the Warrants.
The foregoing description of the Offering, the SPA, the Warrants and the Registration Rights Agreement is a summary only and is qualified in its entirety by the full text of the form of Warrant filed as Exhibit 4.1 hereto, the SPA filed as Exhibit 10.1 hereto, and the Registration Rights Agreement filed as Exhibit 10.2 hereto, in each case incorporated herein by reference.
Item 3.02 Unregistered Sales of Equity Securities.
The information set forth in Item 1.01 above with respect to the Offering is incorporated by reference in this Item 3.02. The offering and sale of the shares of Common Stock in the Offering, the issuance of the Warrants, and the shares of Common Stock issuable upon exercise of the Warrants have not been registered under the Securities Act of 1933 (the “Securities Act”) and the Common Stock and Warrants were issued and sold in reliance upon the exemptions from registration contained in Section 4(a)(2) of the Securities Act and Rule 506(b) promulgated thereunder and in Regulation S promulgated under the Securities Act, as applicable.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d)
On December 13, 2018, the Board of Directors (the “Board”) of the Company elected Michael Young to serve as Chairman of the Board, effective upon the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended August 31, 2018.
Mr. Young will receive $25,000 in annual compensation for his services as a director and Chairman. In connection with his appointment Mr. Young has also received five-year options to purchase 500,000 shares of the Company’s common stock (the “Options”) at the exercise price of $0.26 per share. The Options will vest in four quarterly installments over a one-year period starting on January 1, 2019.
In December 2018, Mr. Young also acquired 12 million shares of the Company’s common stock pursuant to a securities purchase agreement with David Lelong, the Chief Executive Officer and director of the Company, for a total purchase price of $120,000.
Apparently. I would imagine there should be future press or website updates at some point. Definitely seems like an odd investment.
Sport Endurance Signs Letter of Intent to Acquire Nutritional Pet Food Company, TruPet
https://finance.yahoo.com/news/sport-endurance-signs-letter-intent-130000513.html
Dec. 28, 2018 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (SENZ) (the “Company”) today announced that it has signed a Letter of Intent (“LOI”) to acquire TruPet LLC (“TruPet”), the parent company of TruDog, a family-owned pet food company dedicated to supplying the TruDog line of nutritional food, supplements, and pet care products for dogs, cats, and horses. Sport Endurance recently made a $2.2 million initial investment in TruPet. Legal and business due diligence review is underway and the acquisition is expected to close during the first quarter of 2019, subject to negotiation and execution of a definitive Agreement and other customary closing conditions.
David Lelong, Chief Executive Officer of Sport Endurance, stated, “TruPet is a fast-growing company with a well-respected brand in the pet supply market. Sport Endurance’s experience in marketing nutritional supplement products online coupled with the wide variety of TruPet products available for online distribution makes this transaction very synergistic. Additionally, our long term strategy is to leverage our expertise to help grow the company by exploring the potential for CBD usage among pets.”
Lori R. Taylor, founder of TruPet, said, “The growth we have been able to achieve is a testament to our team, their passion and excellence in customer service. In my continued leadership role as President, together with the support of the Sport Endurance management team and its shareholders, we will be able to make even more pet parents realize how important it is what we give our pets every day. If I had known what I know now, the love of my life, Truman, may have had a few more good years. I believe that just as CBD could have supported my pet, the studies for educational content on CBD we will be investing in will one day help other pets live and love us longer.”
“We are very pleased to be expanding our relationship with TruPet and could not be happier with Lori, her team and their vision,” said Michael Young, Chairman of the Board of Sport Endurance. “We look forward to helping Lori and her team with access to capital as well as research and development behind hemp and hemp-based products.”
About TruPet, LLC.
TruPet, LLC and TruDog, a division of the parent company, were founded in 2013 by Lori Taylor. The family-owned pet food company based in Ohio currently includes 29 animal-loving employees. The company began after founder Lori R. Taylor lost her Great Dane, Truman, to cancer at an early age. Determined to find out why her vibrant dog developed cancer, she set out to learn the truth about pet foods. Through her research, she discovered that most commercial pet foods simply do not provide the level of nutrition and quality that dedicated pet parents demand, so she developed her own brand of freeze dried, biologically appropriate raw foods for dogs. TruDog is the first division of TruPet LLC, which will eventually launch lines of food, supplements, and pet care products for dogs, cats, and horses. The company is named in honor of Truman, the Great Dane who sparked the search for better pet products. The TruDog product line is currently offered at online retailers such as Amazon, Chewy, and Walmart, as well as its own ecommerce website (www.trudog.com).
About Sport Endurance, Inc.
At the foundation of Sport Endurance is the belief that good health practices and nutrition contribute to and promote a higher quality of life. The goal of Sport Endurance is to improve the health of others by providing quality and effective nutritional supplement products. Sport Endurance is currently seeking opportunities in the CBD, hemp, and legal cannabis industries. For more information, please visit http://www.sportenduranceinc.com.
more News. This one does not seem to fit the recent pattern.
Sport Endurance Announces Investment in Nutritional Pet Food Company, TruPet
BROOKLYN, N.Y., Dec. 18, 2018 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (SENZ) (the “Company”), announced today that it has made a $2.2 million investment in TruPet LLC (“TruPet”), the parent company of TruDog, a family-owned pet food company dedicated to supplying the TruDog line of nutritional food, supplements, and pet care products for dogs, cats, and horses. The $2.2 million investment by Sport Endurance is made in conjunction with a large investment from Cambridge Companies SPG, a highly respected strategic opportunity investment firm based in Newport Beach, CA as part of TruPet’s $5.2 million oversubscribed Series A round.
TruDog has an extensive list of products available to purchase online, ranging from food and energy boosters, raw treats, dental products, grooming products, and natural supplements. Popular items from TruDog include Joint and Flexibility Daily Supplement Powder, CALM ME – Calming Support Soft Chew, and PROTECT ME – Digestive Health Support, all of which are designed to naturally improve the health of dogs. The TruDog product line is currently offered at online retailers such as Amazon, Chewy, and Walmart, as well as its own ecommerce website (www.trudog.com).
David Lelong, Chief Executive Officer of Sport Endurance, stated, “It is our pleasure to invest in TruPet – a pet food and supplement company that closely shares our vision with providing natural and healthy products. With this additional working capital from our Company and Cambridge, TruPet has the opportunity to expand its high-quality product line with a distribution channel to match. We envision using alternative healthcare trends to work together and create a presence in the pet industry by supplying sought after and beneficial products.”
Lori R. Taylor, founder of TruPet, said, “With this investment, we are excited to be able to fund our studies for educational content on CBD for pets as well as further developing innovative health solutions in line with our company promise ‘tested on humans proven safe for pets’. We will be launching an educational docuseries on CBD for pets as well as a new fitness program called Keep Your Best Friend Fit.”
“We see tremendous growth in the K-9 market and very much look forward to expanding our relationship with both TruPet and their incredible team as well as our investment partners at Cambridge SPG,” said Michael Young, Chairman of the Board of Sport Endurance. “Lori and her team have built a fabulous company and incredible brand in the pet space which we look forward to expanding both our investment and partnership in the future.”
Filipp Chebotarev, Chief Operating Officer and Partner at Cambridge SPG, said, “Cambridge SPG sees huge growth in the ‘better for your pet’ pet food space and has identified TruPet as a market leader. The TruPet team, current product portfolio, as well as planned pet innovation are positioned for long term growth in the rapidly expanding pet food market. We are delighted to be a part of their journey.”
About TruPet, LLC.
TruPet, LLC and TruDog, a division of the parent company, were founded in 2013 by Lori Taylor. The family-owned pet food company based in Ohio currently includes 29 animal-loving employees. The company began after founder Lori R. Taylor lost her Great Dane, Truman, to cancer at an early age. Determined to find out why her vibrant dog developed cancer, she set out to learn the truth about pet foods. Through her research, she discovered that most commercial pet foods simply do not provide the level of nutrition and quality that dedicated pet parents demand, so she developed her own brand of freeze dried, biologically appropriate raw foods for dogs. TruDog is the first division of TruPet LLC, which will eventually launch lines of food, supplements, and pet care products for dogs, cats, and horses. The company is named in honor of Truman, the Great Dane who sparked the search for better pet products.
About Cambridge Companies SPG
Cambridge Companies SPG (“Special Projects Group”) is a highly respected strategic opportunity investment firm based in Newport Beach, CA. Cambridge Companies SPG turns opportunities into value by buying controlling and non-controlling interest in companies poised for growth. Cambridge SPG focuses on retail, consumer packaged goods (CPG) as well as Food & Beverage. More information on Cambridge Companies SPG can be found on their website http://www.cambridgespg.com/.
Sport Endurance Engages INFOR Financial as Financial Advisor
Press Release | 12/14/2018
https://www.otcmarkets.com/stock/SENZ/news/Sport-Endurance-Engages-INFOR-Financial-as-Financial-Advisor?id=213271
BROOKLYN, N.Y., Dec. 14, 2018 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (OTCQB: SENZ) (the “Company”), announced today that it has retained INFOR Financial Inc. (“INFOR Financial”) to provide financial advisory services in exploring strategic alternatives in the cannabidiol (“CBD”), hemp, and legal cannabis industries.
David Lelong, Chief Executive Officer of Sport Endurance, stated, “We are pleased to retain INFOR Financial to help us strategically evaluate investments in the CBD, hemp and legal cannabis industries. After diligently seeking a highly qualified financial advisory services firm to guide us through our potential investments in the space, we are very pleased with the timing of our engagement with INFOR Financial.”
Just this week, the 2018 Farm Bill passed in the U.S. House and Senate with signature by President Trump as the next step in the legislative process. According to New Frontier Data, it is estimated that the Farm Bill will potentially unlock approximately $1.9 billion in hemp-derived CBD, marijuana-derived CBD, and pharmaceutical CBD revenue by 2022.
About INFOR Financial Inc.
INFOR Financial is an independent investment bank based in Toronto that offers advice on mergers and acquisitions, capital raises and corporate restructurings. INFOR Financial’s principals have extensive experience providing advisory services on complex, transformative transactions and related capital markets activity for companies in a broad range of industries including financial services, technology, media and communications, cannabis, healthcare, industrials, and metals and mining.
About Sport Endurance, Inc.
At the foundation of Sport Endurance is the belief that good health practices and nutrition contribute to and promote a higher quality of life. The goal of Sport Endurance is to improve the health of others by providing quality and effective nutritional supplement products. Sport Endurance is currently seeking opportunities in the CBD, hemp, and legal cannabis industries. For more information, please visit http://www.sportenduranceinc.com.
Michael Young Bio is Impressive
https://www.cottinghamcapital.com/team/
Michael Young
PARTNER
Michael is the founding partner of Cottingham Capital. He began investing in Nashville real estate in 2014 after identifying Nashville for both long term growth and a value against other U.S. real-estate markets.
Michael has extensive senior level executive management and trading experience in the Canadian and U.S. capital markets. Throughout his career in finance and banking, he has built a strong network of Canadian, American, and international investors.
Prior to moving to Nashville, he was Managing Director and Co-Head of Trading for a Canadian Investment Bank. Before assuming the title of Co- Head of Trading, he established and ran the Equity Capital Markets desk for the bank’s U.S. operations in New York City.
Michael is an active advisor and board member to Aerues Inc, an anti-microbial copper coating technology company. Michael also sat on the board of ICC Labs, which was recently acquired for C$290 million by Aurora. Michael was also a founding share holder and board member of Nuuvera. Nuuvera was also acquired for C$550 million in 2018.
Michael is the Chairman of Sport Endurance, a publicly listed company in the United States that investments in the Hemp and CBD market globally.
CONTACT: MYOUNG@COTTCAP.COM
News!!!
Sport Endurance Appoints Michael Young to Board of Directors
Press Release | 12/13/2018
Click-here
JERSEY CITY, N.J., Dec. 13, 2018 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (OTCQB: SENZ) (the “Company”) is pleased to announce the appointment of Michael Young as Chairman of the Board of Directors. Mr. Young’s appointment adds extensive industry, executive management and financial experience in the Canadian and U.S. capital markets to the Sport Endurance team. Mr. Young has agreed to join following the filing of the Company’s Form 10-K for the year ended August 31, 2018.
Michael is the founding partner of Cottingham Capital, a Nashville-based investment fund. Prior to joining Sport Endurance’s Board, Michael was the Managing Director and Co-Head of Trading for GMP Securities in Toronto, a leading independent investment dealer that provides investment banking, institutional sales, research, and trading to a global client base.
Michael is an active advisor and resigned on December 1, 2018 as a board member of ICC Labs, a fully licensed producer and distributor of medicinal cannabinoid extracts, recreational cannabis and industrial hemp products. ICC Labs was recently acquired by Aurora Cannabis, Inc. for an aggregate purchase price of approximately C$290 million.
“On behalf of the Sport Endurance team, I am very pleased to welcome Michael as Chairman of the Board. Michael and I shared great conversations on collaborating in an effort to leverage his industry and capital markets experience with the core online marketing expertise of Sport Endurance. Together, we will aggressively explore several interesting growth opportunities in the CBD and medical cannabis industry, both of which Michael is an expert in and has successfully built and sold several businesses recently,” said David Lelong, Chief Executive Officer of Sport Endurance, Inc.
Michael Young, commented, “I am very excited to apply my previous experiences in the hemp and hemp derived CBD industry as well as my business and capital markets knowledge to Sport Endurance. Hemp and hemp based CBD is a very profitable and rapidly emerging industry. Leveraging the core online marketing expertise of Sport Endurance will position the Company to take full advantage of the market opportunity and provide a platform for M&A in the space.”
About Sport Endurance, Inc.
Sport Endurance develops, markets, and distributes products online throughout the United States. At the foundation of Sport Endurance is the belief that good health practices contributes to and promotes a higher quality of life. The goal of Sport Endurance is to improve the health of others by providing quality and effective products online, initially focused on nutritional supplements. Sport Endurance is currently seeking opportunities in the CBD, hemp, and legal cannabis industries. For more information, please visit http://www.sportenduranceinc.com.
Company Contact:
Sport Endurance, Inc.
David Lelong, President and CEO
646-846-4280
Investor Contact:
KCSA Strategic Communications
Valter Pinto, Managing Director
212.896.1254
Valter@KCSA.com
www.KCSA.com
NEWS!!!! Some significant press coming out on SENZ in the last few days.
Sport Endurance Announces Closing of $2.8 Million Financing to Explore Strategic Alternatives in the CBD, Hemp and Legal Cannabis Industries
Click-here0
Press Release | 12/12/2018
BROOKLYN, N.Y., Dec. 12, 2018 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (OTCQB: SENZ) (the “Company”) announced today the closing of approximately $2.8 million in a private placement of its units, each unit consisting of one share of common stock and one-half of a warrant, the proceeds of which the Company plans to use to explore strategic alternatives in the cannabidiol (“CBD”), hemp, and legal cannabis industries.
David Lelong, Chief Executive Officer of Sport Endurance, stated, “The regulatory landscape continues to evolve for CBD products, allowing us to leverage our core competency as an online marketer to potentially offer these products through e-commerce. With the Farm Bill moving forward, we believe now is the opportune time to explore strategic opportunities in the CBD and hemp segments of the market. We are currently in preliminary discussions to enter into a new business model and acquire a business, although we have not yet entered into any agreements and may not be able to complete any proposed acquisition.”
The Hemp Farming Act of 2018, introduced by Senate Majority Leader Mitch McConnell in March 2018, proposed the removal of hemp from being classified as a Schedule I controlled substance, making it a normal agricultural commodity on the national level. On December 10, 2018, the U.S. House and Senate Agriculture Committees released the text of the bipartisan, bicameral Farm Bill conference report that would progress the bill closer to passage. The Farm Bill would federally legalize CBD extraction from hemp and permit big box retailers to sell CBD products. According to New Frontier, it is estimated that CBD sales will reach $1.2 billion by 2020 as compared to national sales of $367 million thus far in 2018.
The units were offered to accredited investors and non-U.S. persons at a fixed price of $0.075 per unit. The warrants are exercisable at $0.15-per share over a two-year term. The offering and sale of securities described herein has not been registered under the Securities Act of 1933 or any state securities laws, and these securities may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the “SEC”) or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock and common stock issuable upon the exercise of the warrants.
Sport Endurance Announces Closing of $2.8 Million Financing to Explore Strategic Alternatives in the CBD, Hemp and Legal Cannabis Industries
insert-text-here
BROOKLYN, N.Y., Dec. 12, 2018 (GLOBE NEWSWIRE) -- Sport Endurance, Inc. (OTCQB: SENZ) (the “Company”) announced today the closing of approximately $2.8 million in a private placement of its units, each unit consisting of one share of common stock and one-half of a warrant, the proceeds of which the Company plans to use to explore strategic alternatives in the cannabidiol (“CBD”), hemp, and legal cannabis industries.
David Lelong, Chief Executive Officer of Sport Endurance, stated, “The regulatory landscape continues to evolve for CBD products, allowing us to leverage our core competency as an online marketer to potentially offer these products through e-commerce. With the Farm Bill moving forward, we believe now is the opportune time to explore strategic opportunities in the CBD and hemp segments of the market. We are currently in preliminary discussions to enter into a new business model and acquire a business, although we have not yet entered into any agreements and may not be able to complete any proposed acquisition.”
The Hemp Farming Act of 2018, introduced by Senate Majority Leader Mitch McConnell in March 2018, proposed the removal of hemp from being classified as a Schedule I controlled substance, making it a normal agricultural commodity on the national level. On December 10, 2018, the U.S. House and Senate Agriculture Committees released the text of the bipartisan, bicameral Farm Bill conference report that would progress the bill closer to passage. The Farm Bill would federally legalize CBD extraction from hemp and permit big box retailers to sell CBD products. According to New Frontier, it is estimated that CBD sales will reach $1.2 billion by 2020 as compared to national sales of $367 million thus far in 2018.
The units were offered to accredited investors and non-U.S. persons at a fixed price of $0.075 per unit. The warrants are exercisable at $0.15-per share over a two-year term. The offering and sale of securities described herein has not been registered under the Securities Act of 1933 or any state securities laws, and these securities may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (the “SEC”) or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock and common stock issuable upon the exercise of the warrants.