Totally Hemp Crazy Inc. Generates Revenues From the Production of Rocky Mountain High Hemp Infused Beverages
(firmenpresse) - DALLAS, TX -- (Marketwired) -- 04/06/15 -- Totally Hemp Crazy Inc. (OTC PINK: THCZ) announced today that third quarter financials have been posted and the Company has recorded revenues of $67,663.51 for sales of its Rocky Mountain High hemp-infused beverages in the last two weeks of March 2015. Based on current predictions the Company expects the next quarter sales to be in excess of $700,000.
THCZ has increased the quantity of the next production run by 25% to 60,000 cases of their products in order to keep up with projected sales. The Company expects to have successive manufacturing runs for the next 6-12 months.
THCZ has made arrangements with the North Texas Mountain Valley Spring Water Company in Carrollton, Texas (DBA Water Event) to share their warehouse facilities in Dallas and Austin. Arrangements are being made to transfer the remaining product from the Minnesota bottling plant to these Texas warehouses.
Jerry Grisaffi, Founder of THCZ, stated, "The Company is very aggressively addressing the Caveat Emptor status with OTCMarkets.com. We feel this has been done in error and we are working closely with the compliance department to get this issue resolved in an expedited manner. Investor excitement about the potential for the product being the next ''Red Bull'' has generated record volume and share price all-time highs last week, and that triggered OTCMarkets.com to place the Company on alert. We believe the Caveat Emptor legend will be removed in the next few days."
Our mission is to become the leading hemp beverage company in the world.
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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:
Jerry Grisaffi
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
President
972-571-1624
214-469-2361 fax
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Datum: 06.04.2015 - 11:42 Uhr
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News-ID 1349233
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