Did anyone find out if HJOE gets any of the franchise revenues. Don't brokers usually get a percent only. Why would SMS get 100%. Just asking
Hangover Joe's New Friends Provide Many Benefits - BrokerBank Securities
27 minutes ago - DJNF
NEW YORK, July 14, 2015 /PRNewswire/ -- Hangover Joe's Holding Corporation (OTCBB: HJOE) developers of Hangover Recovery Shot and Git-R-Done-Energy, along with Git-R-Done Productions, Inc. and Larry the Cable Guy, recently announced a long term agreement with Specialty Marketing Systems, LLC in Nashville, Tennessee which will be offering individual dealerships to distribute both products to retailers in the US, Canada, Ireland, and the United Kingdom. SMS has distributed TABASCO(R) brand products across the U.S. through a network of dealerships since 1996. Dealers have exclusive rights to distribute the products in their chosen territories and are paid on a percentage basis.
The two companies continue to work together closely as they work through the transition. SMS will be bringing people in from all over the country to learn and train on the HJOE brands. They'll help develop sales tools, store locators, and applications, and HJOE will build out their websites to accommodate changes. Corporate leaders will be traveling around the country to meet new reps and support them in the field. More trade shows and event promotions are planned throughout the year with celebrity spokesperson, Larry the Cable Guy, highlighting his all-natural, no caffeine, Git-R-Done Energy drink. SMS brings invaluable experience to the table with their success in expanding the Tabasco brand name in North America. With over 300 specialty gift and food products, Tabasco has moved into many other marketing venues beyond its iconic hot sauce. SMS distributors have played a part in helping them broaden their brand name exposure to other markets.
