So sick of people only telling one half of the story....
Yes MINE only made 7k this Q, why? because they put out a limited supply of product into the market to see how successful it would be.
why is it necessary for beverage companies to do this? Simple, why would a company throw around millions of dollars distributing an
untested product into the market and risk it being a complete failure? You have to poke your head out first to see if people will actually
buy the product before you fire up the rocket engines and take off.
Now about the 1 billion A/S Increase....Why would they do this? Well from this statement from the launch pr I think it is clear....
"Additionally, and even better than endorsement talks, many potential endorsers are interested in partnering with Level 5,
together with Power Brands, to introduce their own beverage brand(s) under the Level 5 Brand umbrella.
These potential agreements / partnerships would allow Level 5 to have multiple endorsers for our entire portfolio of Brands,
without exclusivity. To responsibly advance these negotiations, we are increasing our authorized shares to position the company
to take advantage of and execute these unbelievable opportunities."
If you are interested in partnering with Level 5 to create your own beverage brand wouldn't you want to own shares in the company
that you would be creating the brand under? I know I would! The shares HAVE to be restricted until the deal is done to make sure the
endorser(s) get the EXACT amount of shares that was agreed upon.
People can scream we're stupid for investing until their heads explode. I am not selling a single share because I know these guys are taking
the proper steps. Everything they said in the CC is coming to life. In 3 months we'll see who the stupid people are.
