RTXBQ News Wednesday, May 28, 2014 8:48:31 PM $RTX
Post# of 74990
Bankruptcy Disclosure Plan Accepted by the Courts, RTXBQ to Emerge From Chapter 11 in a Favorable Plan
Marketwire - Wed May 28, 8:21AM CDT
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has presented an amended Bankruptcy Reorganization Plan and Disclosure Statement, and the Disclosure Statement, as amended, was accepted by the Court last week as a viable and shareholder friendly exit strategy. The Disclosure Statement has now has been signed off by the Court and the process will now enter its next stage which is a confirmation hearing on the Amended Plan which should occur by the end of June. Jerry Grisaffi, the CEO, stated, "There are no known objecting parties to the reorganization plan and we expect the upcoming confirmation hearing to ratify the plan. Looking forward to the emergence of Chapter 11 and RTXB once again being a whole company the loyal shareholders will certainly benefit by an Outstanding Share count that will be reduced by 500,000,000 down to approximately 211,000,000 and we will press forward to reducing the Authorized Share count back from 5,000,000,000 to 400,000,000. In addition we have been in search of a new CEO to move Republic of Texas Brands forward and which we believe will be announced in the near future."
RTXBQ Adds C Swiss Hemp Ice Tea to Distribution Lineup
Marketwire - Mon Apr 28, 8:31AM CDT
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has taken delivery of the Original C Swiss Hemp Ice Tea to its product lineup. C Swiss tastes very rich and complex, very earthy but not at all sour or chalky. The ingredients are natural and delicious, and the caffeine rush from the black tea is strong and natural. This is non-carbonated, using water, non-gmo beet sugar, concentrated lemon juice, hemp seed extract, black tea extract, L-ascorbic acid, and natural flavor. Everything in this tastes natural, delicious, and unique.
Republic of Texas Moves Closer to Reorganization Plan Approval
Marketwire - Thu Apr 24, 8:46AM CDT
Republic of Texas Brands Incorporated (PINKSHEETS: RTXBQ) announced today that it has reached a preliminary amicable settlement in its claims against Scott Forsythe, Matthew Nicoletti, Empire Capital LLC and Michael Welch, the Company's former Chief Financial Officer. The terms of the settlement will remain confidential until approved by the Bankruptcy Court.
RTXBQ to Market Super Energy Drink Hydrade, a Reformulated Hemp Version to Be Released Soon
Marketwire - Mon Apr 07, 9:30AM CDT
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has made a wholesale agreement to distribute the Original Hydrade, the Ultimate Sports Drink which offers Better hydration, better response, bolder taste and higher performance benefits. Original Hydrade is the first sports beverage scientifically proven to revitalize and replenish the body faster. The Secret is Hydrade's super-hydrating combination of glycerol and electrolytes, which we call Revitalytes. Research shows this unique formulation actually improves overall conditioning and endurance levels. In fact, these Revitalytes optimize consumers' performance benefits by improving the body's cooling ability, helping to prevent dehydration and delaying the onset of fatigue. With Hydrade, consumers get the only ready-to-drink sports beverage available with glycerol-and they get the real results they expect. Hydrade delivers -less sugar -fewer calories from sugars -more total electrolytes -highest level of potassium -Exclusive formulation including Vitamin C -More effective carbohydrate levels -Superior hydration from a special active ingredient called glycerol. Flavors are Double-Time Lemon Lime, Flat-Out Orange, Full-Tilt Fruit Punch and High-Gear Grape. Packaging Hydrade is offered in a unique Award Winning Mylar pouch containing 16.9 ounces/500mL.
RTXBQ to Report Revenues in 1st Quarter 2014 Spurred by Sales of Hemp Based CHILLO-Energy Drink
Marketwire - Tue Mar 25, 11:36AM CDT
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) will be reporting revenues in the first quarter 2014 based on brisk sales of the Cannabis drink CHILLO-energy. Sales on the drink have far exceeded expectations and the sponsoring of the Willie Nelson NORML Golf event at the Pedernales Cut N Putt in Spicewood on Saturday, March 22nd will have a large influence on Sales in the 2nd. Quarter of this year due to new wholesale distribution agreements.
RTXBQ to Help Sponsor Texas NORML Benefit at Willie Nelson's Cut N Putt This Weekend
Marketwire - Wed Mar 19, 7:40AM CDT
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ), through its totally owned Cannabis-Holdings.com website, will be at the Willie Nelson's Pedernales Cut N Putt in Spicewood on Saturday, March 22nd for the Texas NORML event. CHILLO-energy will be served at the event and is also offered for sale at the Pro Shop. Cannabis-Holdings.com will be a sponsor at the event.
Reorganization Filed by RTXBQ Exit Strategy Includes Sales of Cannabis Energy Drink CHILLO
Marketwire - Mon Mar 17, 8:20AM CDT
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ), through its totally owned Cannabis-Holdings.com website, has started delivering CHILLO-energy drink product to various wholesale and retailers in the State of Texas. Brisk Sales of the CHILLO-energy drink has been at the forefront for the company to file a reorganization plan on Friday with the courts, and the company is seeking to leave Chapter 11 reorganization status soon.
Cannabis Based CHILLO Energy Drink (RTXBQ) Appearing on Texas Retailers' Shelves
Marketwire - Thu Mar 13, 8:20AM CDT
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) thru it's totally owned Cannabis-Holdings.com website has started delivering CHILLO-energy drink product to various wholesale and retailers in the State of Texas. CHILLO-energy products will be available in select retailers primarily in Northern Texas and will be available statewide as test store results are determined and distribution chains are widened.
AMAZON.com Selling Cannabis Based CHILLO Energy Drink (RTXBQ) Thru Republic of Texas Brands Website Cannabis-Holdings.com
Marketwire - Mon Mar 10, 9:06AM CDT
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has partnered with AMAZON.com to retail the CHILLO Energy Drink Worldwide. Amazon is expected to surpass $100 Billion in revenues in 2014 and is the number one online retailer in the world. CHILLO product can now be ordered for everyone to enjoy via AMAZON and RTXBQ is moving forward to have exposure on numerous smaller online retailers such as http://groupeedeals.weebly.com/. Internet Marketing will draw attention to our Cannabis Holdings website and we plan to have our footprint all over the internet as we expand our product offerings. RTXBQ chose the CHILLO product line due to its strong consumer demand and the popularity of Hemp based products in the retail market.
Cannabis Based CHILLO Energy Drink Now Shipping (RTXBQ) From the Cannabis-Holdings Site of Republic of Texas Brands
Marketwire - Fri Mar 07, 8:15AM CST
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has just received their initial order of CHILLO Energy Drink through its soon to be acquired subsidiary Chill Texas, securing the company as the Master Distributor for the State of Texas. CHILLO product that has been ordered on the Cannabis-Holdings.com site is now being processed and will be heading to destinations in the United States and should be arriving in several days. Pictures have been posted of some of the product and can be found on the http://www.Cannabis-Holdings.com website. The Bulk Commercial orders of CHILLO will begin to ship early next week to numerous commercial locations and the product will likely begin hitting select Texas retailers' shelves in the coming weeks.
A Dallas-Area Entrepreneur (RTXBQ) Is Preemptively Cornering Texas Legal Marijuana Market
Marketwire - Mon Mar 03, 8:15AM CST
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has been featured in a newspaper article by the Dallas Observer and discusses the Medical Marijuana Market and RTXBQ's plans to corner the Texas market. The Dallas Observer is an award winning publication with an average weekly readership of over 330,000. The article about RTXBQ can be found online at: http://blogs.dallasobserver.com/unfairpark/20..._worki.php
Cannabis News Causes Record Volume for Republic of Texas Brands
Marketwire - Fri Feb 28, 10:05AM CST
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) recorded a record five year high volume of over 7.4 million shares yesterday on news of the company's plans in the coming months post reorganization bankruptcy. RTXBQ yesterday announced their intentions to be a leader in the THC free Cannabis Market place in Texas and surrounding states. This will position RTXBQ as a market leader in the Medical Marijuana market as it becomes legal in the Southern United States.
Republic of Texas Brands to Become Major Cannabis Products Distributor
Marketwire - Thu Feb 27, 10:06AM CST
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has received numerous inquiries from the investor base as to the plans of the company going forward. We would like to thank our investor base and creditors for being enthusiastic about the corporate changes and our strategy to become a profitable company as we emerge from bankruptcy. Our new corporate strategy is to market THC free cannabis based products and gain a strong foothold in the untapped Texas Market and expand into the Southern United States. Our intent to acquire Chill Texas will solidify Republic of Texas as the sole distributor of the product in the state of Texas. We are in active negotiations with several other companies with similar THC free cannabis product lines and will be adding them to our new http://www.cannabis-holdings.com/ website as the deals are finalized. We believe the State of Texas will enact Medical Marijuana laws in the near future and this will leave Republic of Texas as a major player with a firm foothold in the marketplace.
Republic of Texas Brands to Acquire Chill Texas, Inc.
Marketwire - Tue Feb 25, 7:31AM CST
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has signed a letter of intent to acquire Chill Texas Inc. the exclusive distributor in Texas for the Hemp based Chillo energy drink made in Austria. Randy Safford COO says, "We are extremely excited about this company and we are confident it is a money maker based on orders we have already received for the Chillo product. By acquiring Chill Texas Inc. we will increase our margins by lowering our costs and is a logical move as one of the first companies that will be brought under the RTXBQ umbrella of Cannabis based products. We will be filing our reorganization plan shortly and the Chill Texas, Inc. acquisition will be part of the plan." The final closing will be post-bankruptcy.
Republic of Texas Brands Accepting Orders for Hemp Based Energy Drink CHILLO Online
Marketwire - Fri Feb 21, 11:04AM CST
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) has launched its new corporate website http://www.cannabis-holdings.com and is now accepting orders for cases of the CHILLO hemp based energy drink. For the first 25 orders of CHILLO that are made online there will be FREE FREIGHT. Randy Safford, COO, says, "We want to have an exciting start with the CHILLO product line and there is no better way than to offer a discount to our investors who want to try the product. We are extremely excited about this new company and the product and believe it will bring revenue and profitability. We accept Visa, MasterCard, American Express, Discover and PayPal."
Republic of Texas Brands Clarifies Symbol Change RTXBQ
Marketwire - Thu Feb 20, 7:31AM CST
Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) wishes to clarify the symbol change that occurred this morning. The symbol (RTXBQ) was caused by the debtor in possession bankruptcy filing on December 16, 2013. We did this action to protect the shareholders against what we believe fraudulent action by Empire Capital LLC. Empire had caused us to initiate a capital structure change to the company for a services contract that would enable us to fund the acquisition of a highly profitable BarBQ chain in the Dallas area. We plan on moving out of bankruptcy shortly as we are preparing to file the reorganization plan soon.