Posted On: 07/01/2014 4:23:27 AM
Post# of 63753
RTXBQ
RTXBq will be in court Today, at 2:30 Central time to see an exit with a unopposed court approved reorganization plan. It looks to be way more than probable they will no longer be in Chapter 11 at the end of the day tomorrow.
Post Chapter 11 plans are for the company to bottle and distribute there own private label Hemp based drinks. The first offering will be a Ice Tea drink tat will be larger in size, a lower retail price a and best yet... offer greater margins than competitive products.
Rumor has it the company has raised a substantial amount of cash to fuel the ice tea offering and much more.
While in Chapter 11 RTXBq has set up distribution paths by selling CHILLO-energy and C-Swiss Ice Tea Mix and has developed a network of distributors and retailers in Texas to sell the product.
The new CEO Tom Shuman has experience in bringing beverage products from concept to retail shelves and has retailers such as Albertsons, Wal-Mart, Sam's Club and 7-Eleven as clients.
Fun Times ahead for RTXBq Shareholders.....
"We want to once again remind our shareholders that the share structure will be improved post Chapter 11 with a reduction of the Authorized Shares to 400,000,000 and the Outstanding Shares will be reduced to approximately 202,000,000 shares."
RTXBq is a shareholder friendly and non-dilutionary...
RTXBq will be in court Today, at 2:30 Central time to see an exit with a unopposed court approved reorganization plan. It looks to be way more than probable they will no longer be in Chapter 11 at the end of the day tomorrow.
Post Chapter 11 plans are for the company to bottle and distribute there own private label Hemp based drinks. The first offering will be a Ice Tea drink tat will be larger in size, a lower retail price a and best yet... offer greater margins than competitive products.
Rumor has it the company has raised a substantial amount of cash to fuel the ice tea offering and much more.
While in Chapter 11 RTXBq has set up distribution paths by selling CHILLO-energy and C-Swiss Ice Tea Mix and has developed a network of distributors and retailers in Texas to sell the product.
The new CEO Tom Shuman has experience in bringing beverage products from concept to retail shelves and has retailers such as Albertsons, Wal-Mart, Sam's Club and 7-Eleven as clients.
Fun Times ahead for RTXBq Shareholders.....
"We want to once again remind our shareholders that the share structure will be improved post Chapter 11 with a reduction of the Authorized Shares to 400,000,000 and the Outstanding Shares will be reduced to approximately 202,000,000 shares."
RTXBq is a shareholder friendly and non-dilutionary...
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