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Non-Tech : Republic of Texas Food -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (59)4/26/2014 12:24:08 PM
From: scion  Read Replies (1) | Respond to of 96
 
Future Income and Expenses Under the Plan

The Debtor currently maintains its internet food sales operation, however the Debtor has determined a new business model provides the best opportunity to grow the company. Upon confirmation of this Plan, the Debtor will acquire the company Chill Texas, Inc. (“Chill”) for the exclusive distribution rights to Chillo Hemp Energy Drink (“Chillo”) in Texas. Chill was started in September 2013 for the sole purpose of obtaining the exclusive distribution rights to the Chillo product. Chill was able to obtain the distribution rights and has been the exclusive distributor of the Chillo product in Texas since January 2014.

The Product Chillo was founded by Seagull Trading GmbH in 2003 by Peter Wurm and Gerhard Rubatscher and has its principal office at Mils in Tyrol, Austria. The company concentrates on international sales and distribution of products with a strong United States presence. In the year 2004, Spritz SRL took a share in Seagull Trading GmbH, and in 2005 Tai Pan Ltd joined Seagull Trading. Today, Seagull Trading GmbH markets the labels of CHILLO and C+SWISS and C-ICE in more than 30 countries all over the world. Seagull Trading has set itself the goal to distribute CHILLO, C-ICE AND C+SWISS worldwide. That means permanent broadening of listing at service stations, convenience sectors and food trade. Moreover Seagull Trading wants to be positioned at lifestyle gastronomy sector.

United States distributor is Marc Lewin of CHILL DRINKS LLC. In January of 2014 Walter Stock a long time Dallas businessman and CPA founded Chill for the purpose of securing the exclusive distribution rights for Chillo. Chill has plans to add other drinks soon such as the Hemp Ice Tea and Hydrade sport drink. Mr. Stock and his family have been in the distribution of consumer goods for over 60 years thru [sic] many convenience stores throughout Texas. Mr. Stock’s brother Danny has been the sales manager of Southwest Marketing for many years, a company that their father started over 60 years ago. Chill received their first 6 pallets (over 1000 cases) of drinks in late February and have already sold more tan [sic] 500 cases. Another 6 pallets will be delivered in May 2014. Chill was a sponsor for the Willie Nelson Golf Tournament in Austin in early March and the product was accepted well. In fact the company secured 2 additional sub distributors for the Austin area. Chill is now a major sponsor for the Dallas/Fort Worth NORML and the product now has presence on Amazon.com

The Debtor believes this new avenue will provide sufficient income to pay the Plan payments and provide the Debtor inroads into the new hemp based products market.

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