NASHUA, N.H., Feb. 27, 2013 /PRNewswire/ -- Minerco
Resources, Inc. (OTCQB: MINE), a progressive developer, producer
and provider of worldwide commodities solutions, announced today
that the company's subsidiary, Level 5 Beverage Company, Inc., has
entered into a Premium Product Development Agreement with Power
Brands.
Level 5's Premium Product Development with Power Brands includes
the 1) formulation and development of four (4) beverage products
(four varieties); 2) the Creative Brief; 3) Executive Consultation;
4) label design; 5) lay-flat artwork; 6) packaging and material
sourcing; 7) contract manufacturers; and 8) the product business
plan.
In addition, Level 5 entered into a Prototype Development
Agreement with Power Brands which includes 1) prototypes of all
final formulations; 2) final label application; and 3) final
formula application. Together with the Product Development
Agreement, Level 5 has all research and development and branding
necessities covered under contract with Power Brands..
John Powers, the CEO of the
company stated, "We are excited to start the development of our new
product line with Power Brands. They have an exceptional
reputation, backed up by proven results, within the beverage
industry. We will keep our shareholders informed of the progress as
we create our new products and prepare to take them to market."
Power Brands is an award winning beverage industry expert who
helps companies develop premium beverages through formulation,
branding and marketing strategies. Power Brands beverage
specialists have developed, launched and managed numerous regional,
national and international brands in the beverage industry. Visit
their website, www.powerbrands.us, for more information.
Please
contact:
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Minerco
Resources, Inc.
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info@minercoresources.com
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603-732-6948
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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.
SOURCE Minerco Resources, Inc.