The company’s primary focus will be the creation of shareholder value through the sales of its flagship brand AquaBall, a naturally flavoured, vitamin-enhanced water drink for children, which is sold in the company’s proprietary bottles with licensed images from major entertainment companies.
Lance Leonard, CEO of True Drinks, said: The company is currently working on the continued development of AquaBall and on expanding its distribution throughout the US. “We are pleased to have completed the merger and for True Drinks to become a publicly traded company.
“We believe the public listing will enhance our ability to create shareholder value by aggressively marketing and rapidly expanding the revenue base of AquaBall, our naturally flavoured, vitamin-enhanced low-calorie, low-sugar water drink for kids.”
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