Former Bush and Obama SBA Appointee Joins EQLB's Last Shot Business Development and Marketing Team

LAS VEGAS, May 14, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- EQ Labs, Inc. (OTC:EQLB) -- At the Last Shot Marketing Advisory Board meeting in Las Vegas this weekend, it was announced that Cassius F. Butts, former Region IV Administrator for the United States Small Business Administration (SBA) appointed by President Barack Obama.

Previously employed as one of three Chiefs of the Real Estate Owned Division within the United States Department of Housing and Urban Development where he began his federal career as a Presidential Management Fellow in 2002 during the George W. Bush Administration. Previous to his civil-federal career, since 1992 Cassius has worked in leadership positions for NationsBank, Fleet Bank and Bank of America (MBNA) as well as the City of Atlanta.

In 2011, Cassius Butts was appointed by the 44th President of the United States as the first African-American to hold this position for SBA Region IV. He was responsible for delivery of SBA programs in the Southeastern Region of the U.S. According to the Atlanta Business Chronicle, "Cassius Butts achieved a 36% increase in SBA lending during fiscal year '15. He also lead Region IV to five record-breaking years for SBA lending surpassing $20 billion in government backed loans to small businesses." Currently as a small business owner and consultant, he co-founded CB Consulting Group, LLC which primarily offered entrepreneurial strategy and community engagement services".

"Cassius will bring a wealth of valuable professional business development and networking relationships to our Last Shot marketing & sales efforts and we are excited that he has joined our team of experts," said Mo Owens, EQLB, CEO.

EQLB is rapidly expanding its business development and customer capture strategic team of professionals and with the inclusion of Butts they have secured a valuable resource in developing and executing their market development plans.

"I am looking forward to working with Mo and his team," says Butts. He goes on to say, "Already I have been experiencing the excitement about Last Shot everywhere I travel, and this excitement will only get stronger as we grow the product's visibility."

Safe Harbor:

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements generally can be identified by phrases such as EQ Energy Drink, Inc. or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new business opportunities and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Information:


Maurice Owens, President and CEO

Phone: (702) 806-5943