CARLSBAD, Calif., July 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE-- V Group, Inc. (OTC:VGID), along with the Company’s previous incubation partner, Fernhill Beverage, Inc. is excited to update current shareholders and potential shareholders to the continued growth of both companies.
V Group Inc’s current incubation partner, Leaf of Faith, is pleased to inform shareholders that Leaf of Faith has been granted its ticker symbol. At the conclusion of Leaf of Faith’s spin off, The Company will be trading under ticker symbol LOFB.
V Group, Inc. is extremely pleased with the work Leaf of Faith’s management and sales team has done promoting and selling the Company’s trend setting Patience CBD drinks. August and September will be exciting months for Patience CBD. Leaf of Faith will be featured and sold at industry events in cities such as Boston, Philadelphia and Pittsburgh. This will allow Patience CBD to reach new markets and generate new revenues. The Company has already been requested to appear at events in other locations such as Florida, Minnesota, Washington and the Caribbean. All events are attended by tens of thousands of people who are potential customers and potential shareholders.
V Group’s former incubation partner, Fernhill Beverage (Ticker Symbol FHBC), concluded another banner month in June. Fernhill Beverage, Inc delivered more than 70,000 12-pack cases of its fantastic RK Super drinks for kids. RK Super generated revenues in excess of $390,000.00 over the 30-day period. That is a 360% revenue growth over June, 2017.
Currently, RK Super is being sold through 11 distributors in the United States with 1 distributor that began distribution in Mexico in July. The Company targets distributors that distribute beer as well as other non-alcohol products such as Snapple etc. to be future distribution partners. There are approximately 350 such distributors domestically as well as countless internationally. It is the intention and the goal of Fernhill Beverage and of V Group to not only grow distribution within current distributors but to also greatly expand the distribution base over the next 18 months. “Both Companies have barely scratched the surface and the potential growth is virtually unlimited. With the right support, growth can be staggering.” States Larry Twombly; V Group’s Chairman and CEO.
Due to the rapid growth of both companies, V Group, Inc. has been compelled to hire a full-time sales associate located in the North East. The person enlisted, is a professional sales person with over 20 years of sales experience in the professional realm. This new VP of Northeast Sales is currently coordinating with distributors in the New England area as well as introducing the products to new distributors throughout the Eastern Seaboard. Both companies will be excited to add more sales professionals as volume increases.
Both V Group Inc and Fernhill Beverage Inc. would like to thank their distribution partners, vendors, customers and share holders for assisting the companies and allowing all parties to succeed. “We, as an organization, are starting to hit a stride. Although hard work is still in front of us, we are pleased at the progress we have made, and we feel energized for the future endeavors. We can’t be successful without the assistance of everyone involved”. Larry Twombly