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Golden Grail Beverages (OTC: GOGY) is a fast-growing company dedicated to acquiring and enhancing a diverse portfolio of beverages. With a focus on sustainability, innovation, and quality, Golden Grail offers a range of products that include Sway Energy Drink, Spider Energy Drink, Trevi Fruit Essence Water, Tickle Water, and more. The company's recent achievements include successful rebranding, new product launches, strategic partnerships, and a transition to aluminum packaging, emphasizing its commitment to environmental responsibility. Golden Grail Beverages is poised for continued growth in 2024, driven by a vision for transformation and responsible market expansion.
Golden Grail Beverages Corp. (OTC: GOGY) has announced the acquisition of UPDC Beverages through a share exchange agreement, issuing 20,000,000 common stock shares to former owners. UPDC Beverages, a profitable co-packing company based in Naples, Florida, will become a wholly-owned subsidiary of Golden Grail.
UPDC Beverages operates a state-of-the-art facility providing co-packing services for various beverage products, specializing in bottling, canning, and filling energy drinks, carbonated beverages, functional beverages, and liquid fills from shots up to 32oz. The acquisition aligns with Golden Grail's new business strategy, focusing on acquiring seasoned operations with positive cash flow in high-growth industries.
Golden Grail Beverages (OTC: GOGY) announced a strategic partnership with Rockwell Capital to restructure notes and reduce debt, aiming to minimize stock dilution. The company paid off a $100,000 note from 9/9/22 with $20,602.74 interest, preventing potential conversion into 11,823,725 shares. Additionally, Rockwell will forgive a $100,000 note from 5/9/22 with $23,972.60 interest, avoiding conversion into 12,154,176 shares. Rockwell granted a 90-day interest forbearance while working on debt restructuring.
Golden Grail Beverages (OTC: GOGY) CEO Scott Lomu shared the company's vision and achievements in a new interview with SmallCapVoice.com. The company is focusing on expanding market share for its existing beverage brands while emphasizing environmental responsibility by eliminating plastic packaging in favor of recyclable cans. This sustainability initiative aligns with consumer preferences, as studies show 69% of people prefer products with sustainability plans. Lomu highlighted the company's focus on health and wellness beverages, noting that consumers increasingly seek drinks with specific functional benefits beyond caffeine.
Golden Grail Beverages (OTC: GOGY) has retained SmallCapVoice.com Inc. for investor relations and communications services. The company recently reduced its authorized shares from 5 billion to 500 million and announced plans for a new acquisition strategy. CEO Scott Lomu revealed plans to grow their water and drink industry operations while pursuing profitable acquisitions, with several potential transactions expected to be announced in early 2025. These acquisitions will aim to either establish long-term industry positions or generate immediate profits through quick resale.
Golden Grail Beverages Corp. (OTC: GOGY) has announced a significant change to its corporate structure. The company will amend its articles of incorporation to reduce its authorized Common Stock from 5 billion to 500 million shares, representing a 90% decrease. This move is part of a broader plan to restructure the company's capitalization and benefit current shareholders.
Interim CEO Scott Lomu stated that this change aims to align the capital structure with planned acquisitions and create an anti-dilutive, pro-market investor common stock structure. The company has committed to not increasing authorized Common Stock for at least two years, emphasizing its focus on maximizing shareholder value and limiting dilution except for material acquisitions.
Golden Grail Beverages (OTC: GOGY) has announced a significant shift in its business strategy. Under new management, the company plans to pursue a commodity-based acquisition strategy, expanding beyond its current focus on innovative and sustainable beverages. The new direction will involve investments and acquisitions in gold, oil and gas, cryptocurrency, and water industries.
Interim CEO Scott Lomu stated that while the company aims to grow its existing beverage operations, it will also actively seek profitable commodity transactions. These may be for long-term industry positions or quick resale profits. The company intends to use a roll-up strategy to establish a strong presence in specific industries and has already identified potential transactions for closure, with announcements expected in the coming months.
Golden Grail Beverages Corp. (OTC: GOGY) has appointed Scott Lomo as co-interim CEO, working alongside Lateef Khan. Lomo brings 14 years of experience in the gold mining industry and is the co-founder of Element United DAO, a blockchain company addressing mining industry issues. His diverse background spans real estate, mining, entertainment, and corporate leadership.
Lomo plans to focus on new directions for the company, primarily in oil and gas and gold mining opportunities. He aims to drive sustainable growth and maximize shareholder value through business expansion. This appointment marks a significant shift in GOGY's leadership and potentially its strategic direction.
Golden Grail Beverages (OTC: GOGY) has announced a new production run of KOZ Water in 16 oz cans, marking a milestone for the company. The total production includes 155,000 cans, one of the largest in the company's history. This move aligns with the company's commitment to sustainability and offers significant cost savings through a new copacker and the larger can format. The 16 oz cans provide more refreshment per serving and are crafted from 100% recyclable aluminum, which boasts higher recycling rates than plastic. KOZ Water's eco-friendly packaging aims to reduce plastic pollution, and the product continues to offer high-quality hydration through its unique purification process. This production run will expand Golden Grail Beverages' market presence, appealing to consumers seeking more substantial, eco-friendly hydration options.
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