Drink Krank2o
Sun Tzu Corp announced the completion of an exclusive distribution agreement with Krank2O Inc to distribute Krank2O Caffeinated Water and Krank n’ Fruitz Fruit Flavored Caffeinated Water throughout the United States.
The deal will consist of Sun Tzu Corp paying a royalty of 5% of sale for Krank2O products to Krank2O Inc as brand owner. Sun Tzu Corp will take over all manufacturing, distribution, and marketing of the caffeinated water lines. Subsequently Sun Tzu Corp will have the right to develop brand extensions to the caffeinated water lines, as well as retain the first right or refusal to purchase the brand should Krank2O Inc look to sell the brand in part or as a whole.
Krank2O Caffeinated Water has been on the market for over 12 years and remains the category leader. Krank2O contains crystal clear water with 100 milligrams of caffeine and has zero calories, zero carbs, and zero sugars. This partnership offers Sun Tzu Corp the ability to compete in both the 12 billion dollar bottled water market as well as the ever growing energy drink market with one product. The partnership offers Sun Tzu Corp the ability to exclusively sell the product without any up front costs to secure the distribution rights. The potential growth with such a limited investment should offer Sun Tzu Corp investors an increased value from the partnership.
Brett McCarthy President of Sun Tzu Corp was quoted as saying: “This agreement offers a great deal of potential for both companies. We are very proud to officially welcome Krank2O Caffeinated Waters to our family of products, and expect an exponential increase of sales for the product. Krank2O has an incredible and loyal consumer base and we intend to increase that consumer base by introducing the product to new markets across the United States.”
About Sun Tzu Corp:Sun Tzu Corp is a publicly traded company trading under the symbol (STZU). Sun Tzu Corp is a New Age Beverage Company incorporated in Washington State with offices in Amsterdam, New York. Sun Tzu owns multiple brands and packages within the New Age category and supplies these brands to beverage wholesalers for distribution. Sun Tzu Corp is also a master distributor for innovative New Age Beverages that have synergies with our existing portfolio.
About Krank2O Inc:Krank2O Inc is the brand owner of Krank2O Caffeinated Water and Krank n’ Fuitz Caffeinated Fruit Flavored Waters. Krank2O has been available since 1996 and continues to be the category leader.
Certain statements in this release and the attached corporate profile that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “future,” “may,” “will,” “would,” “should,” “plan,” “projected,” “intend,” and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. The Company’s future operating results are dependent upon many factors, including but not limited to the Company’s ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company’s control; and (iv) other risk factors.
SOURCE: Sun Tzu Corp
Tags: Energy Drink, Sun Tzu