Could Past Champ (SPONF) Be Lining Up For A Major Vertical Surge? Big Distributor News Could Act As Catalyst
(US: SPONF) (CSE: SPO)
The closing bell just rang, but it's no time to take a break.
Why? Because I want to urge you to get your eyes back on a past champ displaying major upside potential after a recent green surge could be signaling something bigger...
Brought to your attention most recently for the morning of July 29th, it has since moved from that day's open of $.019 to yesterday's high of $.0248 for a run of approximately 30% in just over 3 weeks.
Plus, with this most recent move, this profile is now trading at levels it hasn't seen in over 2 months.
This is important for 2 key reasons:
First, because when I brought this past champ to your attention back in January, it ran from a sub-penny $.007 level to a high of $.0318 high for an approximate run of 354%.
Secondly, because I alerted you again in February before it went on a run from approximately 272% from a low of $.0295 to a high of $.11.
Could its next big breakout be taking shape as we speak?
Due to its disruptive advertising model, multi-channel distribution network, and recent green surge, I want you to turn your full attention again to this past champ for Friday, August 13th:
SponsorsOne Inc. (OTC: SPONF)
And, SPONF has several potential catalysts to know now with one of the most important being its huge distributor news this week:
The No. 1 SPONF Potential Catalyst
SponsorsOne Announces Signing of the Second Largest Wine and Spirits Distributor in the USA - Republic National Distributing Company (RNDC) to Distribute Doc Wylder's
Ready to Drink Spirits market is forecasted to be bigger than wine in the US by the end of 2021, the IWSR forecasts(1)
WATERLOO, ON / ACCESSWIRE / August 10, 2021 / SponsorsOne Inc., (CSE:SPO) (Frankfurt:5SO), (OTC:SPONF), a company that utilizes its proprietary platform that combines digital marketing, wholesale and retail distribution, branding, and operational & funding capital, giving it a competitive first-mover advantage in rapidly growing its proprietary brands focused in the Alcohol, Functional Beverage and He-mp Sectors, is pleased to announce that Republic National Distributing Company ('RNDC') has entered into a distribution agreement for Doc Wylder's.
Myles Bartholomew, CEO of SponsorsOne, said: "This is another major milestone in the development of our national distribution strategy, especially in support to reach all major national retailers. The ready-to-drink market ('RTD') is one of the fastest-growing markets in the Spirits sector, and we continue to see tremendous interest in Doc Wylder's. The analyst expects RTDs to gain 22% volume share of total beverage alcohol in the US by 2025, up from 9.6%(2) share currently, and we intend to be part of this gain."
RNDC, a self-proclaimed 'distribution powerhouse'(3), is one of the nation's leading wholesale beverage alcohol distributors, specializing in wine and spirits. Through their online application, eRNDC, a centralized portal for new product setup, features & key services, they provide 24/7 product search, fulfillment & account management, enabling their efficient customer management tools to maximize added value, sales-driving activities. eRNDC enhances and streamlines customer and supplier relationships while elevating existing sales team execution, customer service, distribution, and product expertise.
RNDC, a world-class distributor of fine wines and spirits in North America, has operations in Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Indiana, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Virginia, and West Virginia.
RNDC will start distributing Doc Wylder's in the State of California.
Read the full article here.