Due to Additional Incoming Orders, Level 5 Beverage Company, Inc. Extends Scheduled Production Run of COFFEE BOOST(TM) & RISE...
January 23 2014 - 1:30PM
Marketwired
Due to Additional Incoming Orders, Level 5 Beverage Company, Inc.
Extends Scheduled Production Run of COFFEE BOOST(TM) and RISE(TM)
NASHUA, NH--(Marketwired - Jan 23, 2014) - Minerco
Resources, Inc. (OTCQB: MINE) (the "Company"), the parent company
of Level 5 Beverage Company ("Level 5"), a specialty beverage
company which develops, produces, markets and distributes a
diversified portfolio of all-natural and highly functional brands,
announces extension of the scheduled full scale production run for
all four flavors of COFFEE BOOST™ and RISE™ in the new
formulation.
Due to the events and new accounts secured in early and
mid-January from tradeshows and organic growth of Key Accounts and
after our Brands Operations meetings, we have extended and expanded
the production run for COFFEE BOOST™ and RISE™ scheduled for late
February. The additional production will is scheduled for early
March. Our contracted production facility is limited in daily
capacity, and we have now exceeded the capacity of our scheduled
dates reserved in late February. We also need to order additional
materials and ingredients, requiring additional lead time, to
fulfill the extended production run.
Our newest distributors have accepted our applications,
insurance and operating procedures and are currently coding in all
of our sku's into their system. We believe the relationship with
these larger distributors will make market expansion easier and
faster.
V. Scott Vanis, the Chairman of the Company said, "We keep
getting good news that is requiring us to react quickly. However,
we continue to be conservative and evaluate our opportunities
methodically and strategically. We insist to avoid the pitfall of
expanding too fast without the network in place to support the
expansion. We are very fortunate to be in such a position, but with
our exceptional products and team, we are not surprised. As always,
we will keep you informed of developments and opportunities at the
soonest opportunity."
Public Disclosure
Details of the Company's business, finances and agreements can
be found as part of the Company's continuous public disclosure as a
fully reporting issuer under the Securities Exchange Act of 1934
filed with the Securities and Exchange Commission's ("SEC") EDGAR
database. For more information, please visit:
www.minercoresources.com.
The above statements have not been evaluated by the Food and
Drug Administration (FDA). This product is not intended to
diagnose, treat, cure or prevent any disease.
Safe Harbor Statement
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Act of 1934 that are based upon current
expectations or beliefs, as well as a number of assumptions about
future events. Although we believe that the expectations and
assumptions upon which they are based are reasonable, we can give
no assurance that such expectations and assumptions will prove to
have been correct. Some of these uncertainties include, without
limitation, the company's ability to perform under existing
contracts or to procure future contracts. The reader is cautioned
not to put undue reliance on these forward-looking statements, as
these statements are subject to numerous factors and uncertainties,
including without limitation, successful implementation of our
business strategy and competition, any of which may cause actual
results to differ materially from those described in the
statements. We undertake no obligation and do not intend to update,
revise or otherwise publicly release any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of any unanticipated
events. Although we believe that our expectations are based on
reasonable assumptions, we can give no assurance that our
expectations will materialize. Many factors could cause actual
results to differ materially from our forward-looking
statements.
Please contact: Minerco Resources, Inc.
info@minercoresources.com John F. Powers 603-732-6948
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