Great news today, We will be moving into our production facility in May and we will be fully licensed with the FDA and the USDA under the PREP facility #. PREP is making phenomenal progress on what we think is a revolutionary idea and business model. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Here is what you can expect from us over the short-term:
- We will be moving into our production facility in May and we will be fully licensed with the FDA and the USDA under the PREP facility #. PREP is making phenomenal progress on what we think is a revolutionary idea and business model, but their own progress was slowed by the two major ice storms that hit Atlanta – and other weather-related issues related to their (extensive) construction.
- We have procured our production equipment and it is sitting in a warehouse waiting to be shipped to our facility.
- We are 85-90% completed with the packaging of our first consumer product and will announce the brand name, the category (hint…it’s a juice), the product, and the marketing plan in May.
- The first formula is completed and we are close to completion of our second and third formulas. We hope to launch them all at the same time, but we may stagger them as the production schedule may drive some of the decisions.
- We are still looking for acquisition targets/investment opportunities and have identified a few. However, we will proceed more carefully in these acquisition arenas going forward, as I do not want to set false expectations nor create false starts.
- We are exploring and researching emerging categories to see if it makes sense for us, and if so, ensure that it falls nicely underneath the Fresh Promise umbrella. So far, we like what we see.
Our experiences attained with some of the best consumer products companies in the world allows us to leverage our collective relationships that have been built over many years. We hope that you will continue to support and join us in what we believe will be a very special company.
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