Hangover Joe's Launches Crowdfunding Effort to Attract Accredited Investors Through Fundable.com
February 26 2014 - 7:11AM
Marketwired
Hangover Joe's Launches Crowdfunding Effort to Attract Accredited
Investors Through Fundable.com
HIGHLANDS RANCH, CO--(Marketwired - Feb 26, 2014) - Hangover
Joe's Holding Corporation (OTCQB: HJOE) ("HJOE" or the "Company"),
the maker of "The Hangover" Recovery Shot, the official licensed
brand for Warner Brothers hit movie "The Hangover" and
license-holder of "GIT-R-Done-Energy," which the Company recently
acquired from Git-R-Done Productions, Inc. (Larry the Cable Guy),
is launching a crowdfunding
effort http://www.fundable.com/hangover-joes ("Fundable") in
order to raise an initial tranche of $500,000 in capital . Fundable
is one of the leading crowdfunding websites. Crowdfunding has
assisted over a million startup companies to raise over $3.2
Billion collectively and is revolutionizing the way that small
businesses can gain access to the capital they need to grow.
Crowdfunding is on track to surpass $5.1 billion in 2014 and is
transforming the landscape of business finance. Although
crowdfunding is still in its early stages, a number of factors and
successes are positioning it to become a more attractive funding
approach for small businesses.
HJOE's Co-Founder and Vice President of Sales & Marketing
stated, "We at Hangover Joe's believe that we are on the cutting
edge when it comes to both beverages and raising capital and
crowdfunding is a way for us to gain positive exposure and expand
our brands to accredited investors worldwide. We recently assembled
a significant deal to export 10 million bottles of our hangover
recovery shots to Japan and we are growing the brand both
domestically & internationally. We believe that we have
pioneered a new category called "hangover recovery" in beverages.
This is a very good time for investors to discover our company and
our brands. Accredited investors may locate our profile on Fundable
at http://www.fundable.com/hangover-joes.
Said the Company's CEO, Matthew Veal, "With the launch of our
GIT-R-Done-Energy brand, we hope to become even more attractive to
investors. Larry the Cable Guy is a household name with millions of
fans and we believe this brand has the potential to appear in some
of the largest retailers in the US if we can meet our capital
needs. We saw a need in the market for an all-natural,
non-caffeinated health & wellness energy product that provides
hours of long lasting energy without all of the caffeine and sugar
in existing products. The energy drink market has come under fire
in the last year or so for energy drinks having a high
concentration of these substances. Git-R-Done Energy Drink is not
your normal energy drink; it has what we believe is very good
science behind its creation."
According to the "Energy Drinks and Shots: Market Trends in the
U.S." report dated January 2013, sales of energy drinks and shots
are expected to grow to a value of $21.5 billion by 2017, driven by
continued economic recovery, expansion in retail distribution, and
strong potential in new product development.
Mike Jaynes, Co-Founder & Chairman of the Board of the
Company, stated, "We are excited about moving forward with
http://www.Fundable.com/hangover-joes with the goal of reaching
accredited investors worldwide. Crowdfunding is just one avenue the
company is using to seeking capital. We are moving on many fronts
and have ongoing discussions with capital investors. This is a very
progressive move for the Company. We believe Fundable offers our
Company and brands an avenue to reach many accredited investors who
hopefully will recognize an exciting opportunity and an opportune
time to invest in a Company that views itself as a potential leader
and pioneer in functional beverages. We look forward to hopefully
funding the Company and then moving both of our brands to the tops
of their categories in beverages. We are hoping that the
Fundable.com crowdfunding platform will 'GIT-R-Done' for Hangover
Joe's."
Hangover Joe's is the exclusive producer of "The Hangover"
Recovery Shot which has become one of the nation's top selling
anti-hangover recover drink & hangover recovery products. Taken
"the morning after" and featuring a patent-pending blend of
antioxidants, vitamins and herbs, "The Hangover" Recovery Shot is a
quick way to overcome the day-after side effects of alcohol
consumption. The Git-R-Done Energy Shot is the licensed product of
Git-R-Done Productions inc "Larry the Cable Guy." On July 25th,
2012, Hangover Joe's became a publicly traded company and is
trading on the OTC QB as HJOE. For more information, please feel
free to visit www.hangoverjoes.com or check us out on Facebook and
on YouTube.
Forward-Looking Statements 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.
Such forward-looking statements include, among other things,
regulatory incentives, the development of new business
opportunities, and projected costs, revenue, profits and results
operations. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. 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 its
reports filed at www.sec.gov.
Contact: Hangover Joe's Holding Corp. info@hangoverjoe.com
http://www.fundable.com/hangoverjoes
https://www.facebook.com/hangoverrecovery @GitRDoneEnergy
Ph.501-553-3796