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Sunday, November 10, 2013 10:14:43 AM
Wake-up-folks!!! (((LVVV.035(chart)-LIVEWIRE-ENERGY-CHEWS-is-becoming-a-MONSTA-Here's-Why...
I am going to post Statements from recent PR's and SEC filings Verbatim from the PR's and SEC FILINGS... All the links are available on I-hub to confirm any and all of the following... This company is not just another pie in the sky start-up. It's run by marketing professionals and successful business men... Low float and really nice opportunity for an investment that should make a big return...
From the last 10Q SEC filing...
The new distributors and brokers require approximately a six month lead time to get educated properly on the product, set appointments and engage in sales calls. The company also introduced a new 4-pack packaging option in the first quarter and has been sending samples with updated sales information to all sales channels. The company is confident the newly signed brokers and additional packaging options will result in increased revenue in the coming quarters.
Gross profit. For the six months ended June 30, 2013, our gross profit was (43% of revenue) compared to a gross profit of (29% of revenue) for the six months ended June 30, 2012. The increase in our gross profit relates to the streamlining of manufacturing and production as well as the Company's concentration on bulk sales which requires less packaging and in turn increases gross profit.
8K - SEC filing
Item 1.01 Entry into a Material Definitive Agreement.
On September 3, 2013, LiveWire Ergogenics, Inc., pursuant to agreements with two of its lenders announced that the registrant had retired two convertible promissory notes by paying the sum of $40,000.00 to the two noteholders.
Likewise on September 3, 2013, Bill Hodson, the chief executive officer, and Brad Nichols, the president of LiveWire Ergogenics, Inc., agreed with the registrant to forgive any cash debt that is currently showing as a liability to LiveWire Ergogenics, Inc. regarding their personal deferred salaries to date, the total amount of which is $460,667.00, and shall no longer hold the registrant responsible for payment of that amount.
In addition, Messrs. Hodson and Nichols agreed to change the terms of their employment agreements to a salary of $1.00 per year. All other details of our employment agreements shall remain in full effect.
Press Release excerpts:
"This agreement is unique because it includes product development, retail display solutions, and a team approach in the sales strategy," LiveWire CEO Bill Hodson stated. "It's an honor to join this powerful company and we look forward to presenting our brand to the BCB Unlimited client roster. Together, no one will tell us no."
Founding Partner of BCB Unlimited, John Metters, noted, "I've spent years looking for the next 'big thing,' and all arrows point to LiveWire. After visiting the facility, my partners and I realized the marketability of the concepts shared with us. We made one call and picked up 300 retail outlets that include liquor, convenience and other independents. We're excited to help bring LiveWire to the masses."
ORANGE, CA--(Marketwired - Nov 4, 2013) - LiveWire Ergogenics, Inc. (OTCQB: LVVV) CEO Bill Hodson announced today an important strategic move for the company. By relocating its headquarters the company has been able to combine manufacturing, fulfillment, and management under one roof, which is a huge logistical advantage for the company. This move will allow the company to streamline the manufacturing process, rapidly introduce innovative new products, and enter private label manufacturing of non-competing chewable supplements.
The manufacturing equipment includes all batching and wrapping machinery required to produce its energy chews as well as additional manufacturing capabilities to more rapidly bring new products to the market.
Stated LiveWire CEO Bill Hodson, "Control of manufacturing sets us on an exciting path toward future growth and provides the company a strong competitive advantage. LiveWire is committed to developing leading chewable products that help consumers improve their lifestyles by combining functional ingredients with portability and convenience. It's my firm belief the soft chew category will soon explode."
This move will allow LiveWire to dramatically improve its ability to introduce new proprietary products that complement its existing product line as well as manufacture other products for non-competing chewable products. LiveWire will also be able to help define the 4-pack as the universal packaging format for the chewable category. LiveWire's strategic move will also allow for a reduction in overhead expenses through a higher utilization of manufacturing equipment while controlling its own slotting for timely delivery to its customers.
"This alignment of our strengths confirms our commitment to the chewable supplement delivery system and provides us with an ideal solution for our expansion needs," said Hodson. "Having the capacity to produce over one million chews per day all under one roof will help us maximize the growth of our chewable products."
LiveWire Ergogenics, Inc. Announces Continued Nationwide Expansion With Valley Supply Inc.
ANAHEIM, CA--(Marketwired - Oct 28, 2013) - LiveWire Ergogenics, Inc. (OTCQB: LVVV) CEO Bill Hodson announced today that the company's flagship product, LiveWire Energy chews, will be distributed through Valley Supply Inc., which serves over 900 stores in Ohio, West Virginia, Michigan, and Pennsylvania which includes Duchess Shops and Certified Oil.
LiveWire Ergogenics, Inc. (OTCQB: LVVV) CEO Bill Hodson today announced expansion into New York City and the Tri-State area with the signing of new multi-year distribution agreement and initial order.
ASOTVL, with its strong New York presence, has partnered with Livewire Ergogenics, Inc. to distribute LiveWire Energy chews throughout its entire distribution network which includes As Seen on TV stores, bodegas, and convenience stores throughout the Tri-State area.
Jeff Kadet, CEO of ASOTVL, stated, "The LiveWire Energy chew is a great addition to our network of stores. It fills the growing need for a smaller, less expensive energy supplement that tastes great. We look forward to expanding nationally with LiveWire and will begin by launching in over 300 stores and have the goal of reaching thousands more in the near future."
"This new relationship is an important step for our growth in the Tri-State area. There are over 14,000 bodegas in New York City alone, and LiveWire Energy chews are sure to energize the fast-paced lifestyle of the world's financial center and entertainment hub," LiveWire CEO Bill Hodson stated.
LiveWire Energy Continues to Chew Up Distribution by Knocking Down Additional 300 Locations
ANAHEIM, CA--(Marketwired - Oct 9, 2013) - LiveWire Ergogenics, Inc. (OTCQB: LVVV) CEO Bill Hodson announced today that distribution of LiveWire Energy™ chews has expanded its footprint in California and Florida with specialty distributors Payless and On Fire Trading. The distribution program is brokered through newly signed partner Checkstand Program, LLC.
LiveWire Energy chews Now Available in 600 Circle K Locations Throughout Arizona
There are more than 7,000 Circle K sites operating in the US and thirteen other countries. Circle K has become one of the most widely recognized convenience store brands known worldwide for quality products and great customer service.
Stated LiveWire CEO Bill Hodson, "We are excited to partner with such a convenient store giant and we understand the importance of this relationship. Therefore, we've setup and deployed a street-team that will directly support LiveWire sales store-to-store with an aggressive sampling program. It's paramount for customers to experience LiveWire and feel its effect to become a believer that LiveWire really works."
I am going to post Statements from recent PR's and SEC filings Verbatim from the PR's and SEC FILINGS... All the links are available on I-hub to confirm any and all of the following... This company is not just another pie in the sky start-up. It's run by marketing professionals and successful business men... Low float and really nice opportunity for an investment that should make a big return...
From the last 10Q SEC filing...
The new distributors and brokers require approximately a six month lead time to get educated properly on the product, set appointments and engage in sales calls. The company also introduced a new 4-pack packaging option in the first quarter and has been sending samples with updated sales information to all sales channels. The company is confident the newly signed brokers and additional packaging options will result in increased revenue in the coming quarters.
Gross profit. For the six months ended June 30, 2013, our gross profit was (43% of revenue) compared to a gross profit of (29% of revenue) for the six months ended June 30, 2012. The increase in our gross profit relates to the streamlining of manufacturing and production as well as the Company's concentration on bulk sales which requires less packaging and in turn increases gross profit.
8K - SEC filing
Item 1.01 Entry into a Material Definitive Agreement.
On September 3, 2013, LiveWire Ergogenics, Inc., pursuant to agreements with two of its lenders announced that the registrant had retired two convertible promissory notes by paying the sum of $40,000.00 to the two noteholders.
Likewise on September 3, 2013, Bill Hodson, the chief executive officer, and Brad Nichols, the president of LiveWire Ergogenics, Inc., agreed with the registrant to forgive any cash debt that is currently showing as a liability to LiveWire Ergogenics, Inc. regarding their personal deferred salaries to date, the total amount of which is $460,667.00, and shall no longer hold the registrant responsible for payment of that amount.
In addition, Messrs. Hodson and Nichols agreed to change the terms of their employment agreements to a salary of $1.00 per year. All other details of our employment agreements shall remain in full effect.
Press Release excerpts:
"This agreement is unique because it includes product development, retail display solutions, and a team approach in the sales strategy," LiveWire CEO Bill Hodson stated. "It's an honor to join this powerful company and we look forward to presenting our brand to the BCB Unlimited client roster. Together, no one will tell us no."
Founding Partner of BCB Unlimited, John Metters, noted, "I've spent years looking for the next 'big thing,' and all arrows point to LiveWire. After visiting the facility, my partners and I realized the marketability of the concepts shared with us. We made one call and picked up 300 retail outlets that include liquor, convenience and other independents. We're excited to help bring LiveWire to the masses."
ORANGE, CA--(Marketwired - Nov 4, 2013) - LiveWire Ergogenics, Inc. (OTCQB: LVVV) CEO Bill Hodson announced today an important strategic move for the company. By relocating its headquarters the company has been able to combine manufacturing, fulfillment, and management under one roof, which is a huge logistical advantage for the company. This move will allow the company to streamline the manufacturing process, rapidly introduce innovative new products, and enter private label manufacturing of non-competing chewable supplements.
The manufacturing equipment includes all batching and wrapping machinery required to produce its energy chews as well as additional manufacturing capabilities to more rapidly bring new products to the market.
Stated LiveWire CEO Bill Hodson, "Control of manufacturing sets us on an exciting path toward future growth and provides the company a strong competitive advantage. LiveWire is committed to developing leading chewable products that help consumers improve their lifestyles by combining functional ingredients with portability and convenience. It's my firm belief the soft chew category will soon explode."
This move will allow LiveWire to dramatically improve its ability to introduce new proprietary products that complement its existing product line as well as manufacture other products for non-competing chewable products. LiveWire will also be able to help define the 4-pack as the universal packaging format for the chewable category. LiveWire's strategic move will also allow for a reduction in overhead expenses through a higher utilization of manufacturing equipment while controlling its own slotting for timely delivery to its customers.
"This alignment of our strengths confirms our commitment to the chewable supplement delivery system and provides us with an ideal solution for our expansion needs," said Hodson. "Having the capacity to produce over one million chews per day all under one roof will help us maximize the growth of our chewable products."
LiveWire Ergogenics, Inc. Announces Continued Nationwide Expansion With Valley Supply Inc.
ANAHEIM, CA--(Marketwired - Oct 28, 2013) - LiveWire Ergogenics, Inc. (OTCQB: LVVV) CEO Bill Hodson announced today that the company's flagship product, LiveWire Energy chews, will be distributed through Valley Supply Inc., which serves over 900 stores in Ohio, West Virginia, Michigan, and Pennsylvania which includes Duchess Shops and Certified Oil.
LiveWire Ergogenics, Inc. (OTCQB: LVVV) CEO Bill Hodson today announced expansion into New York City and the Tri-State area with the signing of new multi-year distribution agreement and initial order.
ASOTVL, with its strong New York presence, has partnered with Livewire Ergogenics, Inc. to distribute LiveWire Energy chews throughout its entire distribution network which includes As Seen on TV stores, bodegas, and convenience stores throughout the Tri-State area.
Jeff Kadet, CEO of ASOTVL, stated, "The LiveWire Energy chew is a great addition to our network of stores. It fills the growing need for a smaller, less expensive energy supplement that tastes great. We look forward to expanding nationally with LiveWire and will begin by launching in over 300 stores and have the goal of reaching thousands more in the near future."
"This new relationship is an important step for our growth in the Tri-State area. There are over 14,000 bodegas in New York City alone, and LiveWire Energy chews are sure to energize the fast-paced lifestyle of the world's financial center and entertainment hub," LiveWire CEO Bill Hodson stated.
LiveWire Energy Continues to Chew Up Distribution by Knocking Down Additional 300 Locations
ANAHEIM, CA--(Marketwired - Oct 9, 2013) - LiveWire Ergogenics, Inc. (OTCQB: LVVV) CEO Bill Hodson announced today that distribution of LiveWire Energy™ chews has expanded its footprint in California and Florida with specialty distributors Payless and On Fire Trading. The distribution program is brokered through newly signed partner Checkstand Program, LLC.
LiveWire Energy chews Now Available in 600 Circle K Locations Throughout Arizona
There are more than 7,000 Circle K sites operating in the US and thirteen other countries. Circle K has become one of the most widely recognized convenience store brands known worldwide for quality products and great customer service.
Stated LiveWire CEO Bill Hodson, "We are excited to partner with such a convenient store giant and we understand the importance of this relationship. Therefore, we've setup and deployed a street-team that will directly support LiveWire sales store-to-store with an aggressive sampling program. It's paramount for customers to experience LiveWire and feel its effect to become a believer that LiveWire really works."
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