Fernhill Beverage, Inc. (OTC Pink: FHBC) is engaged as a beverage and consumer goods company. Shares of the beverage company are surges 80%, through early trading on Tuesday, April 18, 2017. Over the past month, Fernhill Beverages, Inc. has seen average daily volume of 128,874 shares. However, volume of 3.76 million shares or dollar volume of $63,920, has already exchanged hands on Tuesday.
Shares of Fernhill Beverage, Inc. are jumping today, after the company announced they have entered into the private label market. The company has been approached by discount and national retailers, regarding the company’s Roadkill and Roadkill XL beverage brands. Here is the full press release detailing of the plans to enter into the private label beverage market:
Fernhill Beverage, Inc. Press Release:
CARLSBAD, CA / ACCESSWIRE / April 18, 2017 / Fernhill Beverage, Inc. (OTC PINK: FHBC) is excited to announce that the Company will soon be producing product with the intent to Private Label its products for national retailers.
Over the last six months, Fernhill Beverage has been approached by several national discounters, as well as national grocery chains, inquiring about the Roadkill and Roadkill XL brands. The feedback pertaining to the products has been overwhelmingly positive. The majority of retailers feel the brands are the best tasting, as well as the best-looking, brands in their category.
Throughout the negotiation process with each retailer, the Company identified an opportunity that will benefit all involved.
Fernhill Beverage, Inc. will be working directly with each retailer to develop a look and a label unique to the retailer.
Each national retailer will have the opportunity to develop their own product name and characters, while taking advantage of the proven bottle and flavor profile created by Fernhill Beverage. This will allow the retailer to market their proprietary product names through their own distribution systems while allowing Fernhill Beverage to increase its revenues without jeopardizing Roadkills distribution network.
Fernhill Beverage, Inc. is currently participating in negotiations with retailers and expects to have the first of many contracts complete before the end of May 2017. The Company will be expecting to add as many contracts as possible throughout the remainder of 2017.
Fernhill Beverage, Inc., with its brand Roadkill has been off to a fast start for 2017. The Company expects the Private Label Program to more than double Ferhills already fast growing revenue numbers.
More details will be announced as they develop.
Fernhill Beverage, Inc. will be actively pursuing all opportunities to grow the brands, grow the Company and to add value to the shareholders. Fernhill Beverage, Inc. is a beverage company that focuses on the youth market. Fernhill Beverage, Inc. is striving to be the leader in youth products with their vitamin packed Roadkill and related brands.