Safety Shot Appoints Serial Entrepreneur John Gulyas as Chairman of the Board
March 04 2024 - 7:30AM
Safety Shot, Inc. (Nasdaq: SHOT) (the
“Company), a pioneer in innovative well-being solutions,
today announced that Glynn Wilson PhD. has stepped down as Chairman
of the Board and in his place the Company has appointed John
Gulyas.
Gulyas was the Founder and President of GBB
Drink Lab, and co-founder of the Safety Shot beverage, the world’s
first rapid blood alcohol detoxification drink. He has experience
in industries ranging from cellular services, to waste management,
to hospitality and has owned and operated multiple franchise brands
for over 13 years.
In addition to owning and operating franchise
locations, he consulted multiple franchisors on how to successfully
develop their brands. Some of his most notable work was as an
original Member of European Wax Center, where he was with the brand
during the time that it went from 4 to 640 locations. He is an
investor in multiple franchise concepts and was the co-founder of
Vio Med Spa, a national franchise brand.
“I believe Safety Shot is a once-in-a-century
kind of functional beverage that can improve wellbeing and
potentially reduce the various hazards of alcohol overconsumption.
We have exciting things lined up to fuel Safety Shot’s pivot to
becoming a leading wellness beverage brand that could help millions
of consumers,” Gulyas stated. “I will put my whole heart into
building on the foundation that Safety Shot can be a high-profile
product which has the potential to greatly increase shareholder
value,” he added.
About Safety Shot
Safety Shot, Inc., has developed a first of its
kind beverage that makes you feel better faster from the effects of
alcohol by reducing blood alcohol content and increasing mental
clarity. Safety Shot leverages scientifically proven ingredients to
enhance metabolic pathways responsible for breaking down blood
alcohol levels. The formulation includes a tailored selection of
all-natural vitamins, minerals, and nootropics, promoting faster
alcohol breakdown and aiding in recovery and rehydration. Safety
Shot has been available for retail purchase since the first week of
December 2023 at www.DrinkSafetyShot.com and www.Amazon.com.
Additionally, the Company plans to introduce business-to-business
sales to distributors, retailers, restaurants, and bars in
2024.
Forward Looking Statements
This communication contains forward-looking
statements regarding Safety Shot, including, the anticipated timing
of studies and the results and benefits thereof. You can generally
identify forward-looking statements by the use of forward-looking
terminology such as “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,”
“might,” “plan,” “potential,” “predict,” “project,” “seek,”
“should,” or “will,” or the negative thereof or other variations
thereon or comparable terminology. These forward-looking statements
are based on each of the Company’s current plans, objectives,
estimates, expectations, and intentions and inherently involve
significant risks and uncertainties, many of which are beyond
Safety Shot’s control. Actual results and the timing of events
could differ materially from those anticipated in such
forward-looking statements as a result of these risks and
uncertainties and other risks and uncertainties affecting Safety
Shot and, including those described from time to time under the
caption “Risk Factors” and elsewhere in Safety Shot’s Securities
and Exchange Commission (SEC) filings and reports, including Safety
Shot’s Annual Report on Form 10-K for the year ended December 31,
2022 and future filings and reports by Safety Shot. Moreover, other
risks and uncertainties of which the combined company is not
currently aware may also affect each of the companies’
forward-looking statements and may cause actual results and the
timing of events to differ materially from those anticipated.
Investors are cautioned that forward-looking statements are not
guarantees of future performance. The forward-looking statements
made in this communication are made only as of the date hereof or
as of the dates indicated in the forward-looking statements and
reflect the views stated therein with respect to future events at
such dates, even if they are subsequently made available by Safety
Shot on its website or otherwise. Safety Shot undertakes no
obligation to update or supplement any forward-looking statements
to reflect actual results, new information, future events, changes
in its expectations or other circumstances that exist after the
date as of which the forward-looking statements were made.
Investor Contact:
Phone: 561-244-7100Email: investors@drinksafetyshot.com
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