CARLSBAD, Calif., May 30, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- V Group, Inc., (OTC:VGID) along with the Company's previous incubation partner, Fernhill Beverage, Inc. (OTC:FHBC) is excited to update current shareholders and potential shareholders to the record breaking start of Summer 2018.
V Group Inc's current incubation partner, Leaf of Faith, is entering the summer months in a full sprint. On Memorial Day weekend, Leaf of Faith attended the "Great Socal Smoke Out" in San Bernardino, Ca. The event was hosted by Michael Boris (AKA Medi-Mike) and was attended by more than 30,000 participants. Leaf of Faith featured The Company's flavored CBD Beverage, Patience CBD.
Demand for the unique CBD Beverage was outstanding. The Company entered the weekend event anticipating sales of between 3,000 and 4,000 bottles at a sale price of $2.50 per bottle. Demand was so exceptional that The Company developed orders totaling nearly 30,000 bottles at an average sale price of $3.00 per unit. The Company generated nearly $90,000.00 in revenue over the event as well as opening more retail accounts with attendees that own and operate retail locations. Many customers enjoyed the product so much they requested to purchase the product by the case.
Leaf of Faith will also be prominently featured at Hempcon 2018. Hempcon is the largest Business Expo in the Hemp industry. The event will be located in Phoenix and will be taking place between June 15 to June 17. Leaf of Faith has secured 2 booths in which to display and sell its Patience CBD drinks. The event will be attended by business professionals as well as consumers.
Fernhill Beverage Inc. (OTC:FHBC), is starting the summer of 2018 on a record pace. May 2018 has proven to be very fruitful for Fernhill's RK Super Kid's Drink. During the month of May, Fernhill sold and shipped over 62,000 12-pack cases to The Company's distribution partners totaling revenues in excess of $340,000.00. "Filling our 7-11 commitment has a lot to do with the outstanding revenue but what pleases us more is the fantastic job our distributors are doing getting the product in thousands of other stores outside the 7-11 family of locations," states Larry Twombly, Chairman; Fernhill Beverage, Inc.
Fernhill Beverage also continues to grow its distribution base. In May, Fernhill Beverage signed a distribution agreement with Haralambos Distributing Co. in Los Angeles, Ca. Mr. Twombly states: "We are very excited to be working with the great team at Haralambos. They are among the very best at what they do. We have admired them and have openly solicited them as a distribution partner for years. They currently sell millions of cases of very popular products such as Snapple per month. We think RK Super will compliment their outstanding portfolio of brands."
Both V Group, Inc. and Fernhill Beverage, Inc. will be conducting an investor Conference Call hosted by Lawrence Twombly on Thursday, May 31, 2018. The call will begin at 5:00 PM West Coast Time (8:00 PM East Coast Time). The Conference Call will address the workings of both companies as well as the status of the Leaf of Faith "spin-off". We invite all interested parties to join the call. There will be time to ask the Chairman questions after he completes the agenda.
Both V Group Inc and Fernhill Beverage Inc. would like to thank their distribution partners, vendors, customers and share holders for assisting the companies and allowing all parties to succeed. "We know this is a team effort. We can't be successful without the assistance of many," Larry Twombly says.
Source:
V Group, Inc.
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