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Luxeguy

12/17/13 10:14 AM

#2880 RE: Porkchop1974 #2879

They will file and they have a few days. I called them yesterday after that release to give them congrats and also emailed the team over there. Mike Jaynes is a co-founder and he not left they are making changes to take the company to the next level and my guy told me the new CEO comes from the public sector and that going forward to raise funds etc. they need a guy like this and we will see lots of more news on many fronts in the coming month is just what he said. My guy also said that those stores are just the start in Japan. He told me that the agreement is for 10 million bottles and that it is for 3 years starting in 2014 thru 2016. He said its a min of 10 million bottles and this group for Japan can launch into many more stores and regions in Asia. I have a feeling after doing my own looking that this is 7-11 Japan. When I spoke to my guy I didn't ask that but when he told me the same group if they had good success could lead them into thousands of more stores in Asia then I assumed that might be who this is as 7-11 is big all over Japan and Asia, so I assume these are placed in major city locations. I don't know if this is 7-11 but I don't know anyone else that has this many stores from what I know. Since they have a strong relationship in USA with 7-11 this I think could be them. He said the stores are high volume stores in top locations in Japan. I will say this I said the brand will grow internationally as well as domestic, as the category is global. I can tell you in beverage by any standard this is a massive deal. I think its the start of a lot of good things we will see for 2014. It's a Marathon folks not a Sprint.