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Attitude Drinks Incorporated Message Board

  • downtowncapital downtowncapital Feb 19, 2013 7:20 PM Flag

    A bright spot

    From the latest Q

    "THIS EQUITY PURCHASE AGREEMENT entered into as of the 31ST day of August, 2012 (this "AGREEMENT"), by and between SOUTHRIDGE PARTNERS II, LP, Delaware limited partnership ("INVESTOR"), and ATTITUDE DRINKS INCORPORATED, a Delaware corporation (the "COMPANY").

    WHEREAS, the parties desire that, upon the terms and subject to the conditions contained herein, the Company shall issue and sell to Investor, from time to time as provided herein, and Investor shall purchase, up to Ten Million Dollars ($10,000,000) of its Common Stock "

    "Certain accounts like chained convenience stores, grocery and drug stores will require warehouse distribution. The shelf-stable and long shelf life attributes of our products will accommodate any and all distribution and warehouse systems. To accommodate this business, we will employ beverage brokers and work with the “tobacco & candy” and food service warehouse distributors like McLane Company and Sysco Foods for this business"

    Sentiment: Hold

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