Any chance that the Merger has anything to do with this past PR around Hemp infused drinks?
HOUSTON, TX / ACCESSWIRE / June 10, 2015 / Valley High Mining Company / Unique Growing Group, Inc. (PINKSHEETS:VHMC) is pleased to announce it has signed a Letter of Intent for the acquisition of TNS Distributors, LLC. ("TNS") as a wholly owned subsidiary. TNS is in the business of selling Hemp Infused energy drinks. TNS has an exclusive 11 state agreement to distribute all products under its contract.
"Mr. Steve Mroz is the reason I believe this company has the potential to be a leader in the industry," stated Richard Johnson, CEO of Valley High Mining Co. "He has been a force in sales and marketing of many products during his career going back to 1996. Mr. Mroz has both national and international distribution experience and will bring tremendous market sales insight and talent for creating products to the Company. Closing of this transaction will bring a deeply experienced marking team to the Company as well as a product that is sure to go crazy on the shelves."
Mr. Mroz stated, "We are very excited to partner with a company like Unique Growing Group because they have very similar likeminded ideas about natural products. I have been in the health and fitness supplement industry since 2008 and in the bottled water business dating back to 1996. I have never been as excited about an opportunity as I am now about this one - this is a real winner!"
According to the "Energy Drinks and Shots: Market Trends in the U.S." report, sales of energy drinks and shots will grow to a value of $21.5 billion by 2017, growing from $12.5 billion in 2012, according to market data from Packaged Facts. Analysis show health-and-wellness beverage products are seeing increased consumer penetration, while classic beverages - especially colas - as seeing consumer attrition. Functionally ready-to-drink ("RTD") beverages, namely energy drinks, sports drinks, and tea, have increased consumer penetration over the past few years and the trend is expected to continue.
About Valley High Mining Co./Unique Growing Group, Inc.
