NUTRACEUTICAL PRODUCTS
We previously expanded our business model with efforts in the development,
marketing, production, and sales of hemp oil products for both the personal
health and companion pet markets utilizing a licensed probiotic delivery system
(US Patent #6,080,401) and other licensed formulas. Hemp is naturally occurring
from both the cannabis and hemp species of the Cannabis Sativa plant. The extracted
oil is non-psychoactive and is actively being researched and investigated by
others for use in a number of conditions, including: Dravet Syndrome, Multiple
Sclerosis (MS), depression and schizophrenia. As research continues into the
broad spectrum of uses for hemp oil products, We intend to produce and sell
various products for the wellness marketplace that utilize hemp oil and phytocannabinoids.
In furtherance of our objectives, on November 5, 2015, the Company signed a
Joint Venture Agreement with KOIOS, LLC to develop and market a hemp protein-based
energy drink utilizing KOIOS proprietary formulae.
Company signed a Master License Agreement with Dr. M.S. Reddy. Dr. Reddy has
developed intellectual property for the nutritional industries pertaining exclusively
to the use of hemp and hemp related products in combination with the probiotics.
The Company has agreed to acquire an exclusive license from Dr. Reddy for use
of the intellectual property in the products and proprietary formulations of
products for marketing. In consideration for the license, the Company issued
Dr. Reddy 3,000,000 shares of the Company's restricted common stock. Dr. Reddy
shall be paid 20% of the net profit from sales of each quantity of licensed
products sold on a 45 day trailing basis and Dr. Reddy may demand accounting
at any time.
KOIOS JOINT VENTURE
The Company entered into a Joint Venture with KOIOS, LLC to develop and market
a hemp protein-based energy drink. Koios is a nootropic supplement developer,
with products that support cognitive function and mental clarity. Together with
Koios, we developed a new addition to its beverage product line called "Raspberry
Wonder," an infusion of its proprietary and successful blend of nootropics
with hemp oil. Hemp seed oil generally contains a 3:1 ratio of Omega 6 (linolei/LA)
to Omega 3 (alpha-linolenic/LNA) essential fatty acids, which has been suggested
as a ratio that may increase long-term human nutrition. In addition, hemp seed
oil also contains smaller amounts of three other polyunsaturated fatty acids
in gamma-linolenic acid (GLA), oleic acid and stearidonic acid. This essential
fatty acid combination is thought to be unique among edible oil seeds. Raspberry
Wonder is marketed as a dietary supplement to enhance brain function, boost
energy and burn fat, the Raspberry Wonder is available to purchase through Koios'
website, www.mentaltitan.com, as well as at stores throughout the country. Work
is underway now to develop the next generation of Raspberry Wonder, which will
use the Company's patent-protected process to suspend active probiotics in the
beverage.
In order to market the product, the Company and Koios ran a promotion and as
a result, we have identified target distributors who indicated an interest in
distributing our product. Among them are:
Europa Sports Products Inc. ("Europa Sports") recently merged with
Lone Star distribution, making them the largest distributor of Sports Nutrition
Products in the country, representing over 50,000 locations. Our target is that
the product will arrive at Koios in the last week in August or first week of
September.
The following is a selection of stores, via Europa Sports, that may stock Raspberry
Wonder for distribution:
• Max Muscle Sports Nutrition (nationwide)
• Nutrition Zone
• Nutrition Warehouse
• Power Nutrition
• Hi-Health (45 locations)
• Gold's Gym
• Powerhouse Gym
• Smoothie King (nationwide)
• NutriShop
• Ultimate Sport Nutrition
• Nutrition Depot
• Anytime Fitness
• Complete Nutrition
Muscle Foods USA, the second largest sports nutrition Distributor in the country,
has submitted an order for two pallets of the product when it arrives at Koios.
KeHE Distributors, LLC, one of the largest natural grocery distributors in
the world, is Koios' distribution channel to large and medium size grocery stores
throughout the country. KeHE will receive roughly two pallets upon arrival at
Koios facilities for distribution.
Stores in which Koios is currently sold that are serviced by KeHE and that
may also be carrying the Raspberry Wonder beverage with the Company's hemp oil
include:
• Sunset Foods
• Pete's Fresh Markets
• Mazyerecks
• Tony's Fresh Market
• Better Health Stores (Koios is currently carried in 14 of their locations
and they have agreed to bring in Raspberry Wonder)
• Natural Health Center
• Joseph's Market
• Angelo Caputo's Fresh Markets
• Harvest Health Foods
Our joint venture, Koios, uses a brokerage firm to help facilitate new store
openings along with adding new stores in the Midwest region. Koios is focused
on the Midwest region because main competitors do not have a presence in these
areas and there is a strong desire for natural and organic alternatives.
Koios has also invested significant time and effort into creating a user-friendly
and attractive online environment, gaining approximately 6,000 Instagram followers
and approximately 9,000 Facebook followers.
Koios continues to expand thier ambassador network and drive traffic to the
brand. Currently, Koios athletes and ambassadors are estimated to have a combined
audience of over one million people. Koios has continued to tap into the world
of CrossFit and e-sports. Koios recently attended the CrossFit games, which
led to approximately 20 new CrossFit gyms that carry Koios products and that
will also carry the Raspberry Wonder beverage with the Company's hemp oil.