![](https://investorshub.advfn.com/uicon/206764.png?cb=1464984208)
Sunday, October 26, 2014 9:00:02 PM
When Power Brands came on in Feb. 2013 Mine changed direction ..... that was a while ago .....
Item 1.01
Entry into a Material Definitive Agreement
On February 26, 2013, we entered into an Agreement (the “Premium Product Development Agreement”) with Power Brands, LLC, a California Limited Liability Company (“Power Brands”) to render product development services for Level 5 Beverage Company, Inc.
Product development process includes but is not limited to the following:
Product(s): The Premium Product Development Package includes formulation and development of four (4) beverage products (four varieties).
Creative Brief: Meeting/conference call to determine and define brand identity including packaging design, recipes/formulas, target demographic etc.
Executive Consultation: Client will receive 2 hours of consultation in person, or via teleconference or videoconference, with a Power Brands executive to thoroughly review the Client’s project and answer Client questions regarding key product and category issues such as: branding, pricing/margin architecture, consumer trends, sales strategies, marketing strategies, retail channel development, manufacturing and logistics. Additional consultation will be billed ad hoc at a rate of $500/hour.
Label/Packaging Design: Power Brands will oversee the product label design process through its network of independent graphic designers. One graphic designer will be selected to take lead on the project. The design process may include sketches, sourcing art specific to the design, identifying font treatment or creating one, exploring layout options, creating tag lines and other text for label (Branding), nutritional tables and ingredients statements. The concept design process includes up to three (3) iterations of label design to complete the label, with each iteration based on Client feedback. Any design revisions after the third iteration will be negotiated between the Client and designer and is subject to incremental expense.
http://www.sec.gov/Archives/edgar/data/1451514/000135448813000901/mine_8k.htm
Since then the direction has gone totally forward .... PPS is starting to begin to catch back up ... watch out :))))
$MINE$$
float :)
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