Level 5 Beverage Company, Inc. Provides Update on Conference Call and New Brand Development
March 25 2014 - 9:15AM
Marketwired
Level 5 Beverage Company, Inc. Provides Update on Conference Call
and New Brand Development
NASHUA, NH--(Marketwired - Mar 25, 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, updates time and scope
of Investor Conference Call and development of The Herbal
Collection ("THC").
Investor Conference Call The Company / Level 5 Conference Call
has been scheduled for the week of April 21, 2014. The call will
provide investors with a brief recap of the milestones reached to
date but will focus on the upcoming opportunities (and challenges)
for Level 5. The conference call was previously delayed to capture
the greatest number and most influential opportunities. The exact
time and date of the Investor Conference Call will be made
available one week before the Call.
The Herbal Collection On March 2, 2014, Level 5 applied for, and
expects to receive, the trademark: The Herbal Collection ("THC").
With this new brand and trademark, Level 5 is strategically
positioning itself to build on its already impressive portfolio of
all-natural beverage products. Our plan is to incorporate THC Brand
into our portfolio, both horizontally and vertically.
Management views the growth of the THC brand is twofold: 1) by
tactically developing "product" in house while 2) strategically
evaluating business relationships such as partnerships and Joint
Ventures with other established companies in targeted, vertical
markets. Level 5 is currently in late stage discussions with a
private company, based in Denver, Colorado, to combine our
respective expertise into a single venture. This private company
enjoys a large presence and established contacts in the industry
and has approximately ten products in advanced development in all
the vertical markets we have identified.
The Company is very excited about this new opportunity, and we
will move quickly and efficiently, yet responsibly, to make our
vision a reality. While we expect THC Brand to create significant
revenues, the addition of THC Brand will not take any effort or
capital away from the existing LEVEL 5™, COFFEE BOOST™ or
VitaminFIZZ® Brands.
V. Scott Vanis, the Chairman of the Company said, "We are
finally prepared to share our updated list of milestones reached in
our Conference Call. Level 5 has accomplished a lot in the past
year, and we will be focusing on our plan for the future on the
Call. In our always forward thinking philosophy, our newest brand
being developed, The Herbal Collection, will position our companies
to be in a front position as the industry evolves. On a financial
note, Level 5 has been generating revenues and accounts receivable
at a healthy pace; however, we have been reinvesting all the sales
back into the business downstream of the bank accounts in the form
of direct marketing and sampling. In the very near future, Minerco
will also be reinvesting these monies into debt negotiation and
repayment. These upcoming reductions in debt will allow the Company
to move onto a larger and healthier playing field. As always, we
will keep you informed of developments and opportunities at the
soonest opportunity."
Please contact: Minerco Resources, Inc.
info@minercoresources.com John F. Powers, 888-473-5150
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). These products are 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.
CONTACT: Minerco Resources, Inc. John F. Powers 888-473-5150
info@minercoresources.com
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