InvestorsHub Logo

BAD HEMPER

04/22/15 10:33 AM

#239295 RE: einrad #239292

No they do not own it.

Future2016

04/22/15 10:41 AM

#239300 RE: einrad #239292

Level 5 owns 51%

Level 5 has purchased a 10% equity position in the VitaminFIZZ Brand. Level 5 holds the rights to purchase up to 56% interest in the brand, over the next five years. This acquisition is in addition to the existing licensing agreement that currently entitles Level 5 to 51% of the net revenues and operational control of the brand.