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Thursday, 02/18/2021 12:23:16 PM

Thursday, February 18, 2021 12:23:16 PM

Post# of 703
$KBEVF Through its new subsidiary Bevcreation, the Company has added in-house production resources for canning its KOIOS™ and Fit Soda™ functional beverage products, in addition to beverages of third-party firms on a contract basis. With approximately 60% of its production capacity booked through early 2022 , first-year revenues of Bevcreation’s canning facility in the Denver, CO area are expected to amount to more than gross USD $1,000,000. In addition to opportunities to improve profitability, product quality, and supply chain efficiency, the Company intends to utilize the Bevcreation canning facility to create experimental beverage products, to potentially include canned alcoholic beverages (subject to regulatory authorization). Given substantial recent growth of “hard seltzer” beverages, the Company is contemplating the development of a Fit Soda™ variant infused with grain liquor.