Posted On: 09/14/2016 10:21:13 AM
Post# of 25416
$TBEV Mexico currently ranks 4th in the world for soda and beverage consumption. Pro Prom believes that this creates a perfect opportunity for High Performance and their unique line of sports drinks to tap into the sports beverage market with their first to market sports beverage that hydrates, increases mental focus, and increases performance with additional post recovery benefits.
As previously announced, the exclusive Licensing Agreement with ProProm Mexico is a 3 year agreement with an automatic roll-over provision and includes an annual licensing fee with additional royalty fees based on sales. The Agreement includes the development, manufacture, marketing, distribution and sales of the Company's High Performance line of sports drinks in up to 20 countries located throughout Central America, South America and Mexico.
As previously announced, the exclusive Licensing Agreement with ProProm Mexico is a 3 year agreement with an automatic roll-over provision and includes an annual licensing fee with additional royalty fees based on sales. The Agreement includes the development, manufacture, marketing, distribution and sales of the Company's High Performance line of sports drinks in up to 20 countries located throughout Central America, South America and Mexico.
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