Koios Beverage Corp (FITSF)

[TheVeteran]

$KBEVF Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the "Company" or "Koios") is pleased to announce that it has partnered with Beauty Gourmet LLC, a women’s functional beverage company, to form a subsidiary named Bevcreation LLC (“Bevcreation”), which currently operates a commercial-scale beverage canning facility in the Denver, Colorado area. In addition to packaging the Company’s KOIOS™ nootropic beverages and Fit Soda™ functional beverages, the Bevcreation canning facility also presently undertakes contract production work for other functional beverage brands. This practice, which is known as “contract packaging” or “co-packing”, is a common strategy for consumer packaged goods (“CPG”) firms to maximize use of their respective infrastructures for manufacturing. Based on current bandwidth, the Bevcreation canning facility’s production slots are approximately 60% booked until at least early 2022. After the Bevcreation canning facility began operations in early February 2021, gross revenue from confirmed orders amounts to an average of more than USD $80,000 per calendar month. As a result, the Company expects that the canning facility operated by its subsidiary Bevcreation will earn more than USD $1,000,000 in gross revenues in its first year of operation.