Elev8 Brands, Inc.'s Retires Over 200 Million Shares
March 13 2018 - 10:19AM
InvestorsHub NewsWire
ORLANDO, FL.
-- March 13, 2018 --InvestorsHub NewsWire -- Elev8
Brands, Inc. (USOTC
Pink: VATE), a holding company focused on the commercial
development of hemp and CBD-based products including hemp coffee,
tea, E-juices, CBD Lotions and CBD Tinctures that target the health
and wellness markets, is pleased to announce the retirement of over
Two Hundred Million (200,000,000) shares of common stock by the
Company’s Management Team.
The Company has
been working diligently to maintain a solid share structure to help
increase shareholder value. Elev8’s management team was able to
negotiate the retirement of over Two Hundred Million (200,000,000)
shares of common stock. The current Issued and Outstanding as of
March 13th, 2018 is 363,232,031.
CEO Ryan Medico
stated, “Coming out of February, being our best month in sales to
date, we are extremely positive in the direction the company is
heading. I will personally be updating everyone on the exciting
progress of the company via CEO Letters on the OTC Markets within
the week.”
The Company
recently announced three new Elev8 Hemp Coffees and 300mg Zoe CBD
Tinctures that are now available for sale. Elev8 Brands is pleased
to bring more variations from its popular Hemp Coffee line. The
Company will now be offering its coffee in a Dark Roast, Espresso,
and Chocolate Raspberry Truffle. The Company’s Hemp Coffee line has
been consistently selling out of brick and mortar stores as well as
online. Due to the high demand for Elev8’s Hemp Coffee products,
the Company’s management team decided to increase the number of
blends offered to allow Elev8 Brands to further grow its market
share.
About
Elev8 Brands, Inc.:
Elev8 Brands, Inc.
specializes in the development and marketing of products for the
fitness and wellness markets. The company is founded based on
creating high-quality, sustainable, products for health-conscious
consumers.
About
Elev8 Hemp LLC:
Elev8 Hemp LLC is a
wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on the
development and marketing of hemp-based food, beverage, and health
care products including hemp coffee and hemp tea.
About
02 Breathe LLC:
02 Breathe is a
wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on
their oxygen bar while bringing in an array of CBD products. O2
Breathe carries CBD tinctures, CBD vape, CBD lotions and massage
products. 02 Breathe is currently looking to offer CBD at their
oxygen bar.
About
Zoe CBD LLC:
Zoe CBD is a
wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on the
development and marketing of CBD-based products such as CBD
Tinctures, CBD E-Juice, CBD Lotion and CBD Salve.
Please
visit, http://www.zoecbd.com
for more
information
www.facebook.com/elev8hemp
www.instagram.com/elev8hemp
www.twitter.com/elev8hemp
www.02breathe.com
Safe Harbor
Statement:
The information
posted in this release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. You can identify these statements by use of the words
"may," "will," "should," "plans," "expects," "anticipates,"
"continue," "estimate," "project," "intend," and similar
expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, delays in completing various engineering and
manufacturing programs, changes in customer order patterns, changes
in product mix, continued success in technological advances and
delivering technological innovations, shortages in components,
production delays due to performance quality issues with outsourced
components, and various other factors beyond the Company's
control.