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Koios Beverage Corp. (KBEV.CN)

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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Previous Close0.0750
Open0.0750
Bid0.0750 x 0
Ask0.0800 x 0
Day's Range0.0750 - 0.0750
52 Week Range0.04 - 0.1900
Volume16,900
Avg. Volume1,037,884
Market Cap5.916M
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-0.0470
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Fit Soda™ Now Carried in Over 1,100 Food Lion Supermarkets in the Mid-Atlantic and Southeastern Regions of the United States
    GlobeNewswire

    Fit Soda™ Now Carried in Over 1,100 Food Lion Supermarkets in the Mid-Atlantic and Southeastern Regions of the United States

    Food Lion As of Monday, May 10, 2021, Fit Soda™ is now available in all 1,100+ stores of supermarket chain Food Lion, located in the Mid-Atlantic and Southeastern areas of the United States. This placement complements the existing presence of Fit Soda™ throughout the country, including in famous regional chains such as HEB and Sprouts. After announcing placements of Fit Soda™ in well-known regional grocery chains such as HEB and Sprouts, Koios is pleased to announce that its Fit Soda™ functional beverage is now available in all Food Lion supermarkets, a chain which operates more than 1,100 grocery stores in the eastern United States. As the sugar-free beverage category continues to grow, Coca-Cola recently announced its prediction that its “Coke Zero Sugar” variety will be the firm’s biggest driver of growth in 2021 and beyond. Based on these industry trends, Koios’ objective is to strategically grow the market presence of Fit Soda™, which sold approximately 700,000 units in 2020, its first full calendar year on the market. DENVER and VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) -- Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the "Company" or "Koios") is pleased to announce that as of Monday, May 10, 2021 all four flavours of Fit Soda™ are being carried in more than 1,100 supermarkets operated by Food Lion LLC (“Food Lion”), a multistate grocery chain based in Salisbury, North Carolina. Since November 2020, the Company has placed its Fit Soda™ functional beverage product with several other regional chains across the United States to include HEB (as announced in a November 4, 2020 press release), all three banners of Massachusetts-based Roche Bros. (as announced in a February 24, 2021 press release), and Sprouts Farmers Market (as announced in a March 4, 2021 press release). Approximately 700,000 units of Fit Soda™ were sold during the product’s first full calendar year of retail sales in 2020 between retail placements in grocery and foodservice outlets, as well as direct-to-consumer sales through the Koios online store. With the addition of Fit Soda™ to all 1,100 locations of Food Lion across ten U.S. states, the Company believes there is significant opportunity for Fit Soda™ to have its best year yet in 2021. Food Lion was founded in 1957 as a single grocery store in North Carolina, later adding new locations across the state before being acquired by Delhaize Group of Belgium in 1974, whose successor Ahold Delhaize remains Food Lion’s parent. The chain’s 1,100 stores are located in ten states in the Mid-Atlantic and Southeastern regions of the United States, employing approximately 82,000 staff members. As a responsible corporate citizen, Food Lion boasts a recycling rate of nearly 80% and has donated more than 750 million meals since 2014 through its Food Lion Feeds program, which has pledged to donate 1.5 billion meals by 2025. Uniquely, Food Lion has been granted the Environmental Protection Agency’s Energy Star Partner of the Year award more than any other U.S. company, having earned the recognition for 20 consecutive years since joining the program in 20011. In 2014, Food Lion launched a campaign in which it solicited name suggestions for its “house brand” soft drink offerings such as root beer, ginger ale, sodas, and fruit punch2. The Company believes that this initiative could potentially have been an early indicator of an intent to increase the presence of beverage products in its stores besides those made by incumbent players in the beverage industry. More information about Food Lion, including its supermarket locations in DE, GA, KY, MD, NC, PA, SC, TN, VA, and WV can be found on its website: http://foodlion.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0340e6b3-d52d-41a4-9bc4-04b8e09fb817. Readers using news aggregation services may be unable to view the media above. Please access SEDAR for a version of this press release containing all published media. Earlier in 2021, the Chief Executive Officer of beverage giant Coca-Cola stated that he anticipates Coke Zero Sugar will be the firm’s biggest driver of growth in 2021 and beyond3. Coke Zero Sugar is part of Coca-Cola’s growing portfolio of nearly 250 reduced-sugar and no-sugar beverages offered in the United States4, as a revision to Coke Zero which has greater taste similarity to the flagship Coca-Cola beverage, while still containing no sugar or calories. As the interest in these attributes among consumers in the United States continues to grow, the Company intends to strategically position Fit Soda™ through its retail placements in chains such as Food Lion based on its selling points as a beverage product with unique benefits (e.g., BCAAs and electrolytes) in addition to all four of its flavours having zero calories and no sugar. Koios Chief Executive Officer Chris Miller commented, “In just over six months, Fit Soda™ has been placed in regional grocery chains which cover many key areas of the United States that we believe could collectively contribute to building a national brand, as sugar-free and zero-calorie soft drinks continue to gain popularity at the macro level. In addition to their reach in the eastern United States, Food Lion is a source of inspiration for us in terms of their sustainable practices which are a high priority for us since we began to launch in-house production earlier this year. We look forward to working with Food Lion to see how Fit Soda™ performs in their supermarkets as we aim to make 2021 a prosperous year for our beverage products.” Sources 1 - https://newsroom.foodlion.com/quick-facts 2 - https://www.wbtv.com/story/25282574/food-lion-wants-customers-to-try-and-name-soft-drinks-prizes-awarded/ 3 - https://www.cnbc.com/2021/02/19/coca-cola-zero-sugar-will-be-the-companys-biggest-source-of-growth-in-2021-ceo-says.html 4 - https://www.coca-colacompany.com/faqs/whats-the-dfference-between-coke-zero-and-coke-zero-sugar On behalf of the Board of Directors of the Company, KOIOS BEVERAGE CORP. “Chris Miller” Chris Miller, CEO, and Director THE CANADIAN SECURITIES EXCHANGE (CSE) HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE. About Koios Beverage Corp. The Company is an emerging functional beverage company which has an available distribution network of more than 4,400 retail locations across the United States in which to sell its products. Koios has relationships with some of the largest and most reputable distributors in the United States, including Europa Sports, Muscle Foods USA, KeHE, and Wishing-U-Well. Koios uses a proprietary blend of nootropics and natural organic compounds to enhance human productivity without using harmful chemicals or stimulants. Koios products have been shown to enhance focus, concentration, mental capacity, memory retention, cognitive function, alertness, brain capacity and create all day mental clarity. Its ingredients are specifically designed to target brain function by increasing blood flow, oxygen levels and neural connections in the brain. Koios produces one of the only drinks in the world infused with MCT oil. MCT oil is derived from coconuts and has been shown to help the body burn fat more effectively, create lasting energy from a natural food source, produce ketones in the brain, allowing for greater brain function and clarity, support healthy hormone production and improve immunity. For more information, please visit our website: https://www.koiosbeveragecorp.com. Forward-Looking Statements This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking information and information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this news release includes statements regarding: Potential sales performance of Fit Soda™ in Food Lion stores and sustained in-store presence in all 1,100+ locations. The forward-looking information reflects management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. Factors that could cause actual results or events to differ materially from current expectations include: (i) adverse market conditions; (ii) changes to the growth and size of the functional beverage markets; and (iii) other factors beyond the control of the Company. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. The forward-looking information included in this news release are made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law. The statements in this news release have not been evaluated by Health Canada or the U.S. Food and Drug Administration. As each individual is different, the benefits, if any, of taking the Company’s products will vary from person to person. No claims or guarantees can be made as to the effects of the Company’s products on an individual's health and well-being. The Company’s products are not intended to diagnose, treat, cure, or prevent any disease. This news release may contain trademarked names of third-party entities (or their respective offerings with trademarked names) typically in reference to (i) relationships had by Koios with such third-party entities as referred to in this release and/or (ii) client/vendor/service provider parties whose relationship with Koios is/are referred to in this release. All rights to such trademarks are reserved by their respective owners or licensees. CONTACT: For further information, please contact: Gina Burrus 844-255-6467 gina@koiosbeveragecorp.com

  • Seattle Area Grocery Chain Metropolitan Market to Begin Carrying KOIOS™ and Fit Soda™ on March 22, 2021
    GlobeNewswire

    Seattle Area Grocery Chain Metropolitan Market to Begin Carrying KOIOS™ and Fit Soda™ on March 22, 2021

    KOIOS Beginning on Monday, March 22, 2021, all eight locations of Metropolitan Market in the Seattle-Tacoma area of Washington State will begin carrying all flavours of KOIOS™ and Fit Soda™. The parent firm of Metropolitan Market also holds four other grocery chains on the west coast of the United States, pictured above, representing a total of 51 stores. Image source: Good Food Holdings Adding to its existing presence on the west coast of the United States, all five KOIOS™ flavours and all four Fit Soda™ flavours will be carried in Metropolitan Market stores beginning on Monday, March 22, 2021. Serving the Seattle-Tacoma area (population 3.87 million), Metropolitan Market is one of five chains under its parent firm Good Food Holdings, which has a total of 51 stores in California, Oregon, and Washington State. DENVER and VANCOUVER, British Columbia, March 08, 2021 (GLOBE NEWSWIRE) -- Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the "Company" or "Koios") is pleased to announce that beginning on Monday, March 22, 2021, Koios’ entire line of canned beverage products will be sold at all locations of Metropolitan Market, an urban format supermarket chain in the Seattle-Tacoma area of Washington State. In Q1 2021, the Company announced multiple placements of its beverage products with regional grocers in markets on the west coast of the United States including Market of Choice in Oregon, Jensen’s in Southern California, and major natural grocery chain Sprouts Farmers Market, which has a substantial west coast presence with over one third of its locations (360+ stores across 23 states) in California as well as Washington State1. The Company has also recently announced other developments relating to its expansion efforts being undertaken in 2021 such as an in-house beverage canning facility and distribution agreements with regional and national wholesale partners. Metropolitan Market was founded in 1971 as an independent grocer defined by its “curious” approach to merchandising, which made it the first to carry certain products in the Seattle area such as Copper River salmon. With a total of eight stores in Kirkland, Magnolia, Mercer Island, Queen Anne, Sand Point, Sammamish, Tacoma, and West Seattle, Metropolitan Market has a substantial presence in the Seattle metro area (population 3.87 million as of 20182). Metropolitan Market’s parent firm Good Food Holdings holds four other west coast grocery banners with a combined total of 51 stores in California, Oregon, and Washington State to include Lazy Acres, Bristol Farms, New Seasons Market, and New Leaf Community Market3. More information about Metropolitan Market can be found on its website: https://metropolitan-market.com/ A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3a60712e-531e-42aa-aedd-2f8e1d6bde5a Readers using news aggregation services may be unable to view the media above. Please access the Company’s profile on SEDAR for a version of this press release containing all published media. On Monday, March 22, 2021, Metropolitan Market will start carrying all five flavours of the KOIOS™ nootropic beverage (Black Raspberry, Blood Orange, Peach Mango, Apricot Vanilla, and Pear Guava) as well as all four flavours of the Fit Soda™ functional beverage (Orange Cream, Root Beer Vanilla Float, Black Cherry Cola, and Sparkling Citrus). The Company believes that as it continues to build its footprint in regional grocers for the Pacific Northwest and Gulf Coast regions of the United States, these targeted efforts could complement other sales channels to include national retail chains such as Walmart as well as e-commerce platforms such as Walmart’s U.S. online store, Amazon.com, and Koios’ direct-to-consumer portal. Koios Chief Executive Officer Chris Miller commented, “We have long maintained that local grocery chains are exceptionally savvy when it comes to building a loyal client base because they can gather and act upon qualitative insights far more efficiently than a large-scale chain. No matter how advanced a ‘Big Data’ analytics engine may be in anticipating or influencing shopping patterns, the very best insights about what customers actually want comes from the personal relationships you can build with your clientele as a regional operator. This is the backbone of our strategy to gain concentrated market penetration in strategic areas of the United States, as our objective is to cultivate long-term adoption of our beverages as a lifestyle staple and potentially leverage our presence in local chains to qualify for placements in additional national chains. We look forward to building out our presence in the Pacific Northwest as we continue our push to become a more prominent brand in the beverages industry.” Sources 1 - https://www.sprouts.com/stores/ 2 - https://www.seattletimes.com/seattle-news/data/seattle-just-one-of-5-big-metros-last-year-that-had-more-people-move-here-than-leave-census-data-show/ 3 - http://goodfoodholdings.com/ On behalf of the Board of Directors of the Company, KOIOS BEVERAGE CORP. “Chris Miller” Chris Miller, CEO, and Director For further information, please contact: Gina Burrus844-255-6467gina@koiosbeveragecorp.com THE CANADIAN SECURITIES EXCHANGE (CSE) HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE. About Koios Beverage Corp. The Company is an emerging functional beverage company which has an available distribution network of more than 4,400 retail locations across the United States in which to sell its products. Koios has relationships with some of the largest and most reputable distributors in the United States, including Europa Sports, Muscle Foods USA, KeHE, and Wishing-U-Well. Koios uses a proprietary blend of nootropics and natural organic compounds to enhance human productivity without using harmful chemicals or stimulants. Koios products have been shown to enhance focus, concentration, mental capacity, memory retention, cognitive function, alertness, brain capacity and create all day mental clarity. Its ingredients are specifically designed to target brain function by increasing blood flow, oxygen levels and neural connections in the brain. Koios produces one of the only drinks in the world infused with MCT oil. MCT oil is derived from coconuts and has been shown to help the body burn fat more effectively, create lasting energy from a natural food source, produce ketones in the brain, allowing for greater brain function and clarity, support healthy hormone production and improve immunity. For more information, please visit our website: https://www.koiosbeveragecorp.com. Forward-Looking Statements This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking information and information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this news release includes statements regarding: Potential outcomes from the scheduled placement of KOIOS™ and Fit Soda™ beverages in Metropolitan Market stores in Washington State, overall performance of the functional beverage market The forward-looking information reflects management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. Factors that could cause actual results or events to differ materially from current expectations include: (i) adverse market conditions; (ii) changes to the growth and size of the functional beverage markets; and (iii) other factors beyond the control of the Company. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. The forward-looking information included in this news release are made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law. The statements in this news release have not been evaluated by Health Canada or the U.S. Food and Drug Administration. As each individual is different, the benefits, if any, of taking the Company’s products will vary from person to person. No claims or guarantees can be made as to the effects of the Company’s products on an individual's health and well-being. The Company’s products are not intended to diagnose, treat, cure, or prevent any disease. This news release may contain trademarked names of third-party entities (or their respective offerings with trademarked names) typically in reference to (i) relationships had by Koios with such third-party entities as referred to in this release and/or (ii) client/vendor/service provider parties whose relationship with Koios is/are referred to in this release. All rights to such trademarks are reserved by their respective owners or licensees.

  • Sprouts Farmers Market Picks up All Nine SKUs of KOIOS™ and Fit Soda™
    GlobeNewswire

    Sprouts Farmers Market Picks up All Nine SKUs of KOIOS™ and Fit Soda™

    DENVER and VANCOUVER, British Columbia, March 04, 2021 (GLOBE NEWSWIRE) -- Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the "Company" or "Koios") is pleased to announce that its KOIOS™ nootropic beverages and Fit Soda™ functional beverages (collectively, “Koios Beverages”) have been approved for placement at Sprouts Farmers Market (“Sprouts”) (NASDAQ: SFM) who has more than 360 stores in 23 states. With the addition of Sprouts, the brand will now be carried in more than 4,200 stores across various regions of the United States. Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products and a strong focus on customer service among its more than 35,000 team members. Team members are trained to educate customers about the thousands of products offered, which also include cutting-edge vitamins and supplements made using strict quality standards and ethically sourced ingredients. In addition to personalized service, Sprouts offers resources on sprouts.com to educate customers on health topics such as nootropics and cognitive health. The following SKUs of Koios Beverages will be available in Sprouts beginning in April 2021: KOIOS™ Nootropic Beverage: KOIOS™ is designed to naturally support focus, memory, mental drive, clarity, and energy. Apricot VanillaBlack RaspberryBlood OrangePeach MangoPear Guava Fit Soda™ Functional Beverage: Fit Soda™ is designed to deliver nutrients to the body, but still taste like soda. It is infused with BCAAs and electrolytes. Black Cherry ColaOrange CreamRoot Beer Vanilla FloatSparkling Citrus Koios Chief Executive Officer Chris Miller commented, “As a company centered in health and wellness, we’re thrilled to partner with Sprouts as our first national retail partner to carry all nine SKUs simultaneously. Our products are designed to support cognitive function and nutrition, which meets the needs of Sprouts’ shoppers who are looking for innovative and differentiated products made with quality ingredients.” On behalf of the Board of Directors of the Company, KOIOS BEVERAGE CORP. “Chris Miller” Chris Miller, CEO, and Director For further information, please contact: Gina Burrus844-255-6467gina@koiosbeveragecorp.com THE CANADIAN SECURITIES EXCHANGE (CSE) HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE. About Koios Beverage Corp. The Company is an emerging functional beverage company which has an available distribution network of more than 4,400 retail locations across the United States in which to sell its products. Koios has relationships with some of the largest and most reputable distributors in the United States, including Europa Sports, Muscle Foods USA, KeHE, and Wishing-U-Well. Koios uses a proprietary blend of nootropics and natural organic compounds to enhance human productivity without using harmful chemicals or stimulants. Koios products have been shown to enhance focus, concentration, mental capacity, memory retention, cognitive function, alertness, brain capacity and create all day mental clarity. Its ingredients are specifically designed to target brain function by increasing blood flow, oxygen levels and neural connections in the brain. Koios produces one of the only drinks in the world infused with MCT oil. MCT oil is derived from coconuts and has been shown to help the body burn fat more effectively, create lasting energy from a natural food source, produce ketones in the brain, allowing for greater brain function and clarity, support healthy hormone production and improve immunity. For more information, please visit our website: https://www.koiosbeveragecorp.com. Forward-Looking Statements This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking information and information can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information in this news release includes statements regarding: Potential placements following Sprouts’ approval of Koios Beverages to be placed in their supermarkets in the United States. The forward-looking information reflects management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking information. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. Factors that could cause actual results or events to differ materially from current expectations include: (i) adverse market conditions; (ii) changes to the growth and size of the functional beverage markets; and (iii) other factors beyond the control of the Company. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking information. The forward-looking information included in this news release are made as of the date of this news release and the Company expressly disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law. The statements in this news release have not been evaluated by Health Canada or the U.S. Food and Drug Administration. As each individual is different, the benefits, if any, of taking the Company’s products will vary from person to person. No claims or guarantees can be made as to the effects of the Company’s products on an individual's health and well-being. The Company’s products are not intended to diagnose, treat, cure, or prevent any disease. This news release may contain trademarked names of third-party entities (or their respective offerings with trademarked names) typically in reference to (i) relationships had by Koios with such third-party entities as referred to in this release and/or (ii) client/vendor/service provider parties whose relationship with Koios is/are referred to in this release. All rights to such trademarks are reserved by their respective owners or licensees.