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MENAFN - Newsfile Corp) Sipp Industries Announces Appointment of New CEO and Business Update
Costa Mesa, California--(Newsfile Corp. - August 20, 2020) - Sipp Industries, Inc. (OTC PINK: SIPC), a corporation specializing in manufacturing and distribution of commercial and consumer products, and the producer of craft hemp-infused beer and other fine alcohol beverages, announces the appointment of its new CEO and business update.
The Board of Director has appointed Mr. Nick Pelletiere as its new Acting Chief Executive Officer. Mr. Pelletiere offers a history of profitable business ventures. He has a proven track record in driving the rapid growth and development of small and medium-sized businesses, as well as large corporations, resulting in significant increases in revenue and market share. He offers dynamic and results-driven sales with 25+ years of sales experience across various industries, marketing, and management experience as well as ownership in business partnerships. Mr. Pelletiere has a very entrepreneurial, enthusiastic, and passionate mindset to generate leads, pursue and secure new business opportunities, as well as meet and exceed sales targets.
In light of the impact of the Covid-19 pandemic, Mr. Pelletiere will evaluate and make the necessary changes to the Company's business to improve its efficiency, ability to capture new markets and to enhance shareholder value. The effort will start with becoming current with OTC Markets.
Due to the soft market of on premise sales caused by the lockdown, the Company had put its beer production on hold after donating the remaining inventory to produce hand sanitizer for healthcare workers. In preparation for the reopening of bars and restaurants, Sipp has been working on new flavors and the design of its new product label. It is also in talks with a few California craft breweries and establishments to formulate plans to produce and sell the Company's new line of products.
To expand into the market of wine and spirits, the Company has acquired the interest of Elite Beverage International's equity from Wanderport Corporation (OTC PINK: WDRP). Elite Beverage is the producer of premium Tequila Comisario which had won Double Gold for all three of its expressions in the 2019 World Spirits Competition. Tequila Comisario is currently being sold in over 30 states including 9 out of the top 10 Tequila selling states.
Elite Beverage also offers a wide range of wine from Italy. Sipp will leverage this resource as well as its own contacts in Italy to offer a line of fine wine to the US and overseas markets.
"There have been challenges with the business development of Sipp Industries due to some factors that are outside of its control. However, there are significant potential with the Company's product line. I am excited to be part of the organization and help reshape its future for rapid growth," commented Nick Pelletiere, Acting Chief Executive Officer.
About Sipp Industries, Inc.:
Sipp Industries is a corporation that specializes in manufacturing and distribution of commercial and consumer products, and the producer of craft hemp-infused beer and other fine alcohol beverages.
Website: [To enable links
To expand into the market of wine and spirits, the Company has acquired the interest of Elite Beverage International's equity from Wanderport Corporation (OTC PINK: WDRP). Elite Beverage is the producer of premium Tequila Comisario which had won Double Gold for all three of its expressions in the 2019 World Spirits Competition. Tequila Comisario is currently being sold in over 30 states including 9 out of the top 10 Tequila selling states.
Elite Beverage also offers a wide range of wine from Italy. Sipp will leverage this resource as well as its own contacts in Italy to offer a line of fine wine to the US and overseas markets.
"There have been challenges with the business development of Sipp Industries due to some factors that are outside of its control. However, there are significant potential with the Company's product line. I am excited to be part of the organization and help reshape its future for rapid growth," commented Nick Pelletiere, Acting Chief Executive Officer.
About Sipp Industries, Inc.:
Sipp Industries is a corporation that specializes in manufacturing and distribution of commercial and consumer products, and the producer of craft hemp-infused beer and other fine alcohol beverages.
As us Large Car Captains
Would Say
WHOOP WHOOP!!!!
Yes Me too
10/4
You're Modulating Loud and Clear
From Sipp Ind. Tweets yesterday
Kinda gives me the impression that they will have something to do with THC infused Beverages along with other Hemp Products update will definitely be interesting
Doesn't appear that they left the building
Likes
Sipp Industries’s Tweets
Sipp Industries
@SippIndustries
·
Dec 30
We're excited about our plans for 2021. Looking forward to introduce our new products soon. $SIPC corporate update - https://bit.ly/3rHbIBC #hemp #THC #beverage #beer #spirits
Bring it I'll make the Martini's
CDEL
Just moved the Bid
To .008
Been Watching L2
All morning on TDA
probably with a lot of others
Yes Sir SIPC's
Has the Grow Lights On!
VERB's
Date Short Volume Total Volume Short Volume Ratio
2020-12-30 244,839 933,600 26.23
2020-12-29 348,503 1,744,300 19.98
2020-12-28 431,475 1,769,000 24.39
2020-12-24 344,990 1,151,300 29.97
2020-12-23 471,019 2,001,900 23.53
2020-12-22 999,657 3,227,300 30.98
2020-12-21 690,473 2,796,400 24.69
2020-12-18 697,625 2,858,400 24.41
2020-12-17 510,980 1,532,800 33.34
2020-12-16 392,308 1,319,900 29.72
Slap Dat Ask
Yep you don't drop that kinda of coin for no reason
From this advertising it proves they did try and sell pot grow lights
this doesn't prove it was a scam now does it
My brother bought a beer kit and uses it all the time to make beer
And they did make Major Hemp IPA
Do you have proof that they shut down do to lack of orders please provide proof of you claims
Day's not over yet
Let's get a Sticky on this
Sipp Industries Provides Shareholder and Corporate Update
COSTA MESA, CA – (December 30, 2020) – Sipp Industries, Inc. (OTC Markets: SIPC), a corporation
specializing in manufacturing and distribution of commercial and consumer products, and the producers
of craft hemp-infused beer and other fine alcohol and non-alcoholic beverages, provides corporate update
to shareholders.
In August, the Board of Directors appointed Nick Pelletiere as the new acting Chief Executive Officer of
Sipp Industries. Pelletiere and Sipp Industries’ continued focus is on developing and growing a portfolio
of high value brands in the hemp-infused beer and spirit space.
Due to the imposed shutdown of bars and restaurants to help curb the spread of COVID-19, the Company
has halted the production and sale of its hemp-infused IPA beer. To compensate for the lack of on
premise sales, management explored options of producing other alcohol and non-alcohol beverages which
can be sold via traditional retail and online channels.
To expand its portfolio, the Company acquired the equity interest of Elite Beverage International (EBI)
from Wanderport Corporation (OTC Markets: WDRP). EBI is the importer, brand owner and producer of
various alcohol beverages including the flagship product, Tequila Comisario. Tequila Comisario is the
winner of Double Gold awards in the 2019 World Spirits Competition. The products are being sold in
over 30 states with new territories being added on a regular basis.
To further expand its offering, the Company has entered into a joint venture with Green Cures &
Botanical Distribution (OTC Markets: GRCU) to produce a premium high-proof gin, Contagin. The
production is expected to begin in January and distribution shortly thereafter. The gin is being evaluated
by an online distributor with access to 28 states, as well as regional and national spirits distributors from
established relationships.
The Company has also been in talks with a local craft brewery and spirit distillery to produce hemp-
infused beers and other spirits for the California markets. Sipp will continue to monitor the reopening of
the economy and will introduce these products accordingly.
Sipp Industries remains at the forefront of developing alcohol and non-alcoholic beverages infused with
cannabinoids such as Cannabidiol (CBD) and Tetrahydrocannabinol (THC) and has multiple alcoholic
recipes awaiting approval with the Alcohol Tobacco Tax & Trade Bureau (TTB) and the Food & Drug
Administration (FDA). At the present the Company is still awaiting further clarification on infusing
cannabis with alcohol.
The Company, as well as many other cannabis-driven corporations and advocates, expect continued
laxing of federal cannabis laws which will inevitably allow cannabis to be infused in beverages. At that
time, Sipp Industries will be well positioned to benefit as a first mover with already developed recipes to
either begin production or license its intellectual properties.
As federal alcohol and cannabis laws continued to evolve, the Company is investing into the research and
development of a THC infused non-alcoholic beer in a cannabis legal state. Discussions with potential
distribution partners for the final product has begun. The Company is pleased with the overall progress
and will provide additional details about this initiative in early January.
“The pandemic had caused an unexpected disruption to our business this year. Despite the major setback,
we were able to explore and initiate several new initiatives with the goal of improving sales and margins,”
commented Nick Pelletiere, Acting Chief Executive Officer. “We appreciate our shareholders for theirloyalty and patience. We are excited about the projects underway and we look forward to deliver value
for both our shareholders and customers,” concluded Pelletiere.
About Sipp Industries, Inc.
Sipp Industries is a corporation specializing in manufacturing and distribution of commercial and
consumer products, and the producers of craft hemp-infused beer and other fine alcohol and non-alcoholic
beverages.
Website: http://www.sippindustries.com
Facebook: https://www.facebook.com/SippIndustries
Twitter: @SippIndustries
Forward Looking Statements:
This release contains forward-looking statements within the meaning of Section 27a of the Securities Act
of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those
statements include the intent, belief or current expectations of the Company and its management team.
Forward-looking statements are projections of events, revenues, income, future economics, research,
development, reformulation, product performance or management’s plans and objectives for future
operations. Some or all of the events or results anticipated by these forward-looking statements may not
occur. Prospective investors are cautioned that any such forward-looking statements are not guarantees of
future performance and involve risks and uncertainties, and that actual results may differ materially from
those projected in the forward-looking statements as a result of various factors. Accomplishing the
strategy described herein is significantly dependent upon numerous factors, many that are not in
management’s control.
Contact:
Ted Jorgensen
Sipp Industries, Inc.
Investor Relations
ir@sippindustries.com
949.220.0435
ipp Industries Provides Shareholder and Corporate Update
COSTA MESA, CA – (December 30, 2020) – Sipp Industries, Inc. (OTC Markets: SIPC), a corporation
specializing in manufacturing and distribution of commercial and consumer products, and the producers
of craft hemp-infused beer and other fine alcohol and non-alcoholic beverages, provides corporate update
to shareholders.
In August, the Board of Directors appointed Nick Pelletiere as the new acting Chief Executive Officer of
Sipp Industries. Pelletiere and Sipp Industries’ continued focus is on developing and growing a portfolio
of high value brands in the hemp-infused beer and spirit space.
Due to the imposed shutdown of bars and restaurants to help curb the spread of COVID-19, the Company
has halted the production and sale of its hemp-infused IPA beer. To compensate for the lack of on
premise sales, management explored options of producing other alcohol and non-alcohol beverages which
can be sold via traditional retail and online channels.
To expand its portfolio, the Company acquired the equity interest of Elite Beverage International (EBI)
from Wanderport Corporation (OTC Markets: WDRP). EBI is the importer, brand owner and producer of
various alcohol beverages including the flagship product, Tequila Comisario. Tequila Comisario is the
winner of Double Gold awards in the 2019 World Spirits Competition. The products are being sold in
over 30 states with new territories being added on a regular basis.
To further expand its offering, the Company has entered into a joint venture with Green Cures &
Botanical Distribution (OTC Markets: GRCU) to produce a premium high-proof gin, Contagin. The
production is expected to begin in January and distribution shortly thereafter. The gin is being evaluated
by an online distributor with access to 28 states, as well as regional and national spirits distributors from
established relationships.
The Company has also been in talks with a local craft brewery and spirit distillery to produce hemp-
infused beers and other spirits for the California markets. Sipp will continue to monitor the reopening of
the economy and will introduce these products accordingly.
Sipp Industries remains at the forefront of developing alcohol and non-alcoholic beverages infused with
cannabinoids such as Cannabidiol (CBD) and Tetrahydrocannabinol (THC) and has multiple alcoholic
recipes awaiting approval with the Alcohol Tobacco Tax & Trade Bureau (TTB) and the Food & Drug
Administration (FDA). At the present the Company is still awaiting further clarification on infusing
cannabis with alcohol.
The Company, as well as many other cannabis-driven corporations and advocates, expect continued
laxing of federal cannabis laws which will inevitably allow cannabis to be infused in beverages. At that
time, Sipp Industries will be well positioned to benefit as a first mover with already developed recipes to
either begin production or license its intellectual properties.
As federal alcohol and cannabis laws continued to evolve, the Company is investing into the research and
development of a THC infused non-alcoholic beer in a cannabis legal state. Discussions with potential
distribution partners for the final product has begun. The Company is pleased with the overall progress
and will provide additional details about this initiative in early January.
“The pandemic had caused an unexpected disruption to our business this year. Despite the major setback,
we were able to explore and initiate several new initiatives with the goal of improving sales and margins,”
commented Nick Pelletiere, Acting Chief Executive Officer. “We appreciate our shareholders for their
It's Coming BG
Happy New Year!!!!
Nice read
now let's find that Tequila
I'd say with
The recent Tweets
Some News is not to far out
Yep
Big chunk of the pile is freebies
The rest are when it bottomed out I'm two ticks from the Green Zone on Paper
Bring on the Pennies the
Gin the Major Hemp IPA
Maybe some Grow lights too
And that New PM Action Figure
Roger
Just pick up another 50 K
To add to my pile
Showing
About 40022 now before the Copper Zone
As the Trucker's wood say
WHOOP!!! WHOOP!!!
This was yesterday
Latest Market Date 2020-12-28
Short Volume 431,475
Market Volume 1,769,000
Short Volume Ratio 24%
This article is dated
Oct 12 2018
Anything Recent?
Looks like we're all having
Gin Martini's
Ask Jeffery Toobin how Zoom worked out for him
Total number of short shares traded divided by the total shares traded each day (lower chart)
VERB / Verb Technology Company, Inc. Short Volume Ratio
Market Date Short Volume Total Volume Short Volume Ratio
2020-12-24 344,990 1,151,300 29.97
2020-12-23 471,019 2,001,900 23.53
2020-12-22 999,657 3,227,300 30.98
2020-12-21 690,473 2,796,400 24.69
2020-12-18 697,625 2,858,400 24.41
2020-12-17 510,980 1,532,800 33.34
2020-12-16 392,308 1,319,900 29.72
2020-12-15 350,734 1,166,500 30.07
2020-12-14 844,177 3,806,600 22.18
2020-12-11 492,274 1,387,800 35.47
Good Day BG
I feel the Michael Jordan coming on
It's time to fly
IDK I will tell you when it first launched we got the last case on the shelf the Bars in Chicago land that carried it would run out we could get into the logistics of what happened but it's last
year's news I travel the all 48 and have had some of the Best IPA's in the country from all over and Major Hemp was outstanding I'm really hoping that it gets cleared by FDA and we pick up brewery to make it again so I can enjoy it
Whether it's a PR or a widget or even action figures lol don't care like to see another run of Major Hemp IPA and see this thing into Silver land
With getting current and The Crono getting it's Vaccine hoping for the best and would like to see my freebies
GO TO DA MOON!
Merry Christmas to all the SIPC's and a Very Happy New Year Too
And that Major Hemp IPA will be available a bar near you
We got the Mid West covered
Two Tics between Bid Ask how long has that been
100 - I need Shares.
2. 200 - I need Shares badly but do not take the stock down.
3. 300 - Take (or I am taking) the stock down at least 30% so I can load shares.
4. 400 - Keep trading it sideways.
5. 500 - Gap the stock. Gap can be up or down, depending on direction of 500 signal.
6. 505 - I am short on shares
7. 600 - Apply resistance at the ASK to keep the price from increasing.
8. 700 - Move the price up.
9. 777 - Also recognized as a signal to move the price up.
10. 800 - Prepare for an increase in trading volume.
11. 900 - Allow the stock to float and trade freely.
12. 911 - Pending News/Press Release On The Way
13. 1000 - Don't let it run
14. 2100 - Let it run
Let's get this thing move n
Looks like
Copper Land on the horizon
The Opposition has reached Defcon 5 hopefully some updates are in the the near future