RTXB DD Share Structure update: Authorized
Post# of 7839
Share Structure update:
Authorized: 5 billion dropping to 400 million
Outstanding: 700 million dropping to 202,730,433 million
Float: is estimated to be right under 110 million respectively
Quote:"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."
The reduction of the share amounts will not have any effect on retail holders.
Quote: "This is a giant step towards the Company's successful exit from Chapter 11 reorganization and will benefit both our creditors and our shareholders. With the return of the Welch stock to treasury the share structure will be reduced to 202,730,433. There will be no reversal of the stock and all shares held by investors will be unaffected. This will help us move forward with our plans to acquire Chill Texas, which will provide us with a solid revenue base to grow and meet our plan obligations."
Cannabis Based CHILLO Energy Drink (RTXBQ) Appearing on Texas Retailers' Shelves
DALLAS, TX--(Marketwired - Mar 13, 2014) - 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.
One of the first retail locations to stock CHILLO-energy products is the Raceway convenience store located in Rockwall Texas. RaceWay is a contractor-operated chain of stores, which has grown to over 300 stores across 12 states in the Southeast. RaceWay's roots go back almost 80 years.
We expect to reach 100% market saturation in the coming weeks for all of the Dallas based Paper, Pipes and Vapes locations as we have shipped products to several of these stores and that CHILLO may already be on many of these retailers' shelves.
"We have received orders from the Republic of Texas Brands store located at AMAZON.com and we look forward to adding additional sku's on the Amazon.com and all of the other websites that we plan to market the Cannabis-Holdings product lineup." Say's Randy Safford COO. "It is too early to project 2014 sales for the CHILLO product but based on initial results and enthusiasm we already believe sales will far surpass our original expectations."
DALLAS, TX--(Marketwired - Apr 7, 2014) - 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.
"Hydrade is the only sports beverage scientifically proven to revitalize and replenish the body faster" with a combination of "super-hydrating glycerol and electrolytes."
CHILL Texas is currently developing a reformulated version of Hydrade that will feature Hemp Extracts. This is one of the most potent foods available, supporting optimal health and well-being, for life.
RTXBQ Adds C Swiss Hemp Ice Tea to Distribution Lineup
RTXBQ Sales Expected to Double as Distribution Base Is Expected to Order Equal Quantities of the Hemp Based Iced Tea Drink
DALLAS, TX--(Marketwired - Apr 28, 2014) - 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.
"We believe the addition of The Original C Swiss Hemp Ice Tea product line will perfectly fit into our product lineup and will allow CHILL Texas to offer a new and exclusive product that can be distributed all across the state of Texas as well as nationally via internet marketing." Says Randy Safford COO of Republic of Texas Brands, "We are hoping C Swiss Hemp Ice Tea will double our sales in the coming months and help CHILL Texas increase our distribution footprint across the state of Texas."
Upon the completion of our reorganization, the merger with CHILL Texas will be finalized.
Click here to order from the Republic of Texas Brands store at AMAZON.com: http://www.amazon.com/gp/aag/main/ref=olp_mer...6CKNKJOQAL
The New CEO/President Tom Shuman
RTXBQ Names Former Professional Athlete Tom Shuman as New CEO
RTXBQ Prepares to Leave Chapter 11 With a High Powered Offense
DALLAS, TX--(Marketwired - Jun 24, 2014) - Republic of Texas Brands, Inc. (PINKSHEETS: RTXBQ) is proud to announce former professional athlete and Beverage Industry Executive Tom Shuman as the new CEO of Republic of Texas Brands. Tom has over 30 years of beverage industry experience including such soft drinks greats as Coca-Cola, Dr Pepper and 7UP. In addition to countless distributor and marketing contacts, Tom Shuman has also launched from concept to store shelves the 100 calorie SMARTERITA Margarita drink that is currently stocked on various retailers' shelves in Texas & Illinois. SMARTERITA can be found in SPECS, Goody Goody and PK Liquors locations, and has been authorized for distribution in 7-Eleven stores in seven states.
"Republic of Texas Brands has prepared an investor friendly Chapter 11 exit strategy that is awaiting ratification by the courts in a confirmation hearing on July 1st. As soon as the Chapter 11 is behind us we plan to bring in the offensive unit and very quickly move forward as a whole company," states Tom Shuman the new company CEO. "Our first play from offense is to move forward with the introduction of a series of new hemp based drinks. The new Iced Tea drink which has already been formulated will be our first introduction and will be soon followed by an exciting new energy drink. We have been working with a marketing company for several months developing and trade marking the new beverage products. A Texas based bottling company will produce the Iced Tea drink and we hope to go to production over the summer and get the product immediately placed in local stores. The new Iced Tea drink will be branded with several unique product labels and will have very strong demographic appeal by our targeted markets. Retailers will be quick to jump on board as the product will offer superior product margins, a larger product size, more attractive retail price points and stylish labeling, we believe the new product will score a touchdown in retail stores."
Tom Shuman the new CEO stated, "Looking forward to the emergence of Chapter 11 loyal shareholders will benefit by a reduced Authorized and Outstanding Share count and no reverse splits."
Click here to order from the Republic of Texas Brands store at AMAZON.com:
http://www.amazon.com/gp/aag/main/ref=olp_mer...6CKNKJOQAL
About Republic of Texas Brands Incorporated:
Our mission is to be the premier Hemp Beverage Company in the USA.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Tom Shuman
CEO
Email Contact
http://www.pennlive.com/sports/index.ssf/2013...among.html
Quote:Tom Shuman, Pottstown High School: Penn State football quarterback, MVP in Orange and Cotton bowls, and three-year CFL veteran;
http://www.smeal.psu.edu/scis/awards/archives-2007
Quote:Thomas Shuman Appointed VP of Sales And Marketing
Thomas Shuman (B Log, 1975) of Dallas, Texas, has been appointed vice president of sales and marketing for Sweet Success Enterprises, Inc. Mr. Shuman will initiate coverage of major unfilled markets as well as coordinate the company’s marketing efforts. Mr. Shuman has held positions in senior sales, marketing, and product development for Liberty Imports USA, Inc., Global Brands Inc., DS Water of America, LP, DrPepper/7-UP, inc., Coca Cola USA, and Proctor and Gamble.
DS Water of America
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DrPepper/7-UP
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Coca Cola USA
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Proctor and Gamble
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