House & Home
Thu, January 29, 2009Wed, January 28, 2009Tue, January 27, 2009Mon, January 26, 2009Fri, January 23, 2009Thu, January 22, 2009Wed, January 21, 2009Tue, January 20, 2009Mon, January 19, 2009Fri, January 16, 2009Thu, January 15, 2009Wed, January 14, 2009Tue, January 13, 2009Mon, January 12, 2009Sun, January 11, 2009Fri, January 9, 2009Thu, January 8, 2009Wed, January 7, 2009Tue, January 6, 2009Mon, January 5, 2009Fri, January 2, 2009Thu, January 1, 2009Wed, December 31, 2008Who's Your Daddy, Inc. Delivers 26,000 Cases of Energy Drinks to West Africa
//house-home.news-articles.net/content/2009/01/1 .. 6-000-cases-of-energy-drinks-to-west-africa.html
Published in House and Home on Thursday, January 15th 2009 at 5:14 GMT, Last Modified on 2009-01-15 05:15:43 by Market Wire🞛 This publication is a summary or evaluation of another publication
CARLSBAD, Calif.--([ BUSINESS WIRE ])--Who's Your Daddy, Inc. (OTCBB:[ WYDI ]) announced today that 25,920 cases of its cranberry pineapple and green tea 8.4 ounce King of EnergyTM drinks were delivered to Nigeria, Benin and Ghana, West Africa through T-Bone Beverages LLC ("T-Bone").
Joseph Conte, Executive Vice President, stated, "We are finally pleased to announce that our shipments to West Africa through T-Bone Beverages have finally cleared customs after several months were spent obtaining the appropriate regulatory clearances. Our relationship with T-Bone Beverages allows us to address the West African marketplace. Nigeria's population is ranked in the top 10 out of 193 nations worldwide with over 135 million people and presents the potential for strong sales growth. With T-Bone Beverages simultaneously opening the markets of Benin and Ghana, the opportunity for selling our products expands to over 150 million in West Africa."
Who's Your Daddy has granted T-Bone Beverages an incentive agreement, based upon purchases of the Company's products by T-Bone, that provides for T-Bone to receive warrants to purchase common stock of Who's Your Daddy: $3,000,000 in the first 12 months following the effective date of the agreement; $4,250,000 in the first 17 months; $5,000,000 in the first 20 months; and $6,000,000 in the first 24 months.
About T-Bone Beverages LLC
T-Bone Beverages has been doing international trading of food products for over twenty years through several affiliated entities. The company has been entirely focused on international trade which includes importing rice from Thailand, frozen fish and poultry from all over the world to West Africa. Additionally they have handled coffee, table grapes, and other grains in bulk all over the world.
About Who's Your Daddy, Inc.
Who's Your Daddy, Inc. is a brand management company focused on the marketing, production and distribution of the Who's Your Daddy® King of EnergyTM line of beverages for the rapidly growing $6 billion world energy drink market. Who's Your Daddy, Inc. stock is traded publicly under the "WYDI" ticker symbol. For more information, go to [ http://www.kingofenergy.com/ ]. The Company's blog site is at [ http://www.kingofbloggers.com/ ].
This document contains "forward-looking statements" related to future events. Forward-looking statements by their nature address matters that are uncertain. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
