$LFER Life On Earth, Inc. Announces the Release of
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NEW YORK, June 25, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE-- Life On Earth, Inc. (OTCQB:LFER) (the “Company” or “Life on Earth”), a brand accelerator company in the healthier and functional beverage and snack industry, announced today that it has made available a Corporate Presentation to the public at the following link: https://www.lifeonearthinc.com/pages/investor-relations.
KEY CORPORATE HIGHLIGHTS:
The Company’s quarterly revenues grew by 21% year over year from 2017 to 2018 and is on track to generate over $8 million in revenues with current brands and distribution. Potential mid-year acquisitions are currently predicted to increase this amount to $13 million.
Retail distribution has increased. The GRAN NEVADA™ line of drinks is now available in 7 Eleven franchisee stores in Maryland and Northern Virginia. The Company has also announced authorization from the Kroger’s Michigan Division for an initial rollout in 117 of the retailer’s stores in the Upper Midwestern U.S. The Company expects its Victoria Kitchen’s™ products to be available in those Kroger Supermarkets in the next quarter.
New acquisitions include Giant Beverage Company, Inc. The Company has also entered into a Binding Letter Of Intent to acquire 100% ownership interest in the Chill Group, Inc. (the “Chill Group”) and their flagship brand Just Chill®.
The Company has filed a Form 8-K with the US Securities Exchange Commission “SEC”) in conjunction with this press release and readers can view the full filing on the SEC website or the Company’s Investor Relations section of LFER’s website. Visit: www.lifeonearthinc.com
About Life on Earth, Inc.