InvestorsHub Logo
Followers 278
Posts 12043
Boards Moderated 10
Alias Born 02/09/2003

Re: nocpimping post# 19277

Tuesday, 12/21/2010 7:11:27 PM

Tuesday, December 21, 2010 7:11:27 PM

Post# of 23523
nocpimping: What "legitimate" products are you referencing? The only "products" SSPT offers are information services through its GuestMetrics subsidiary.

If you believe Shot Spirits sells ShotPak products, you are mistaken.


ShotPak products are shown in the ibox ONLY because SSPT gets a $.10 royalty per case (case = 60 six pack boxes). ShotPak is NOT a product of SSPT and never has been.

Look at the top of the ibox for this disclaimer statement:

Brochure + Product Line Up:

Shot Spirits Corporation gets is a $0.10/case royalty on ShotPak products sold.:
Source: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57729355{



You can also see that the brochures published belong to the Beverage Pouch Group (part of PPi Technologies) and not by Shot Spirits.

The prececssor company to SSPT, SHTP, developed and tried to sell the original ShotPak products but the founding CEO (Ignus Hatting) took most of the money raised in the initial stock sales and fled the country.

In lieu of bankruptcy, SHTP transferred ALL of its assets to the Beverage Pouch Group which was one of SHTP's largest creditors as it had sold the pouch filling equipment to SHTP. BPG is owned by PPi Technologies. SSPT originally had a 15% ownership in BPG but borrowed against it until it had no equity left.

PPi later created a subsidiary just for ShotPak products named ShotPaQ LLC and offered SSPT and option to buy 15% equity, but SSPT never paid for the option. Currently SSPT has no equity in the company that sells ShotPak products and gets only the $.10/case royalty.

Because SSPT has no equity, there is no "partnership" with BPG left. SSPT has nothing to do with marketing or selling ShotPak products and PPi Technologies has nothing to do with running SSPT.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.