Hangover Joe's Holding Corp. (fka HJOE)

[james885]

"It has been so long since HJOE filed any financial information - I guess they forgot about the following:

Quote:In January 2014, the Company entered into an initial two-year license agreement with Git-R-Done Productions, Inc. (the “Larry the Cable Guy” license), which allows the Company the rights to the use of certain artwork, logos and other elements used by the Comedian known as “Larry the Cable Guy”.

The contract would have ended in January 2016 - not in March 2016.

Quote:Correction hit the wrong key After meeting our contractual Benchmarks on March 1 2016 we renewed our agreement for Git R Done Energy. $HJOE. tweeted 3/23/16 !! correction was date 2016 not 2015

The HJOE clowns just can't keep their stories straight. LOLOL!!!"


Looks to me like they've always stated very clearly in the SEC filings both when the agreement was reached and when it ended.



http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=10317533-1258-156457&type=sect&TabIndex=2&companyid=733044&ppu=%252fdefault.aspx%253fcik%253d1388132

"In January 2014, the Company entered into an initial two-year license agreement with Git-R-Done Productions, Inc. (the “Larry the Cable Guy” license), which allows the Company the rights to the use of certain artwork, logos and other elements used by the Comedian known as “Larry the Cable Guy”. The terms of the WBCP and Larry the Cable Guy licenses provide for royalties based on a percentage of products sold, as defined, subject to agreed-upon guaranteed minimum royalties (Note 6)"

Larry the Cable Guy License Agreement

"The Company has a license with Git-R-Done Productions, Inc. (“Larry the Cable guy”) that allows the Company the use of the costumes, artwork, logos and other elements used by the Comedian known as Larry the Cable Guy in various performances. This license has an initial term through March 1, 2016, and provides for certain royalties based on a percentage of products sold subject to certain agreed-upon guaranteed minimum royalty payments over the term of the license. The terms of the license agreement provided that the Company was to fully launch its product line by March 1, 2014 which was informally extended through July, 2014, when the Company was able to deliver product into stores in Texas."