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September 1, 2010
Penny Stock Profile ....
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Kore Nutrition Inc.
(OTCBB: KORE)
For complete profile,
CLICK HERE.
"Kore has engaged the world of poker
superstars to endorse its products. The poker
legend, Johnny Chan is easily one of the most
recognizable players in the game and is leading
the pack with his support of ALL IN energy
drinks. The number of players endorsing ALL IN
does not stop with Johnny Chan, however.
Approximately 30 different high profile and
well-known players, such as Chris Moneymaker,
Scotty Nguyen and Freddie Deeb don ALL IN attire
and support the Company by drinking their
beverages during poker tournaments."
Company Profile |
Quote & News
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KORE NUTRITION
INC. - (OTCBB:KORE)
Latest News Release:
ALL IN Energy Completes
Distribution Agreement for the United States
Kore Nutrition Incorporated ("Kore" or the "Company")
and the Company's wholly owned subsidiary, Go All In,
Inc. ("ALL IN"), are pleased to announce the appointment
of LMB Sales Inc. ("LMB Sales") to represent and market
ALL IN products throughout the Western United States,
which is the Company's initial focus territory, as one
of the Company's initial key distributors.
LMB Sales, located in Murrieta, California, has strong
relationships with some of the largest and most
well-known retail distributors in the U.S. and has a
significant track record of success in marketing and
representing new retail brands and products. Retail
store chains such as Kroger, Walgreens, 7-Eleven,
Costco, and Walmart will be the Company's first priority
for distribution, with additional well-known regional
and national accounts to be added.
David Powley, ALL IN's President and CEO, commented that
the key to successfully penetrating markets is through
the strength of a company's distributor's relationships.
"LMB Sales has significant relationships with some of
the largest retailers in the United States", said
Powley, "which will enable ALL IN's healthier
alternative energy drinks to quickly become a household
name to the millions of beverage consumers."
News Release |
Company Profile |
Quote & News
KORE
Profile
Companies are always looking to capitalize on hot topics
and industries in today’s world. In the world of
publicly-traded companies, the sector of energy drinks is
virtually “white hot.” In terms of our general society, Texas
Hold ‘Em is also growing in popularity exponentially
worldwide. The two virtually go hand-in-hand as poker
tournaments can be extremely lengthy and staying alert for
many hours is simply required. For a moment, let’s take a look
at the development of the popularity of both.
The history of the first energy drinks is somewhat debatable
as “Iron Brew,” a Scottish beverage is considered by some to
have been the first in 1901, but a more common attribution of
the first real energy drink is given to the Japanese in the
1960’s. Manufactured by Taisho Pharmaceutical under the names
“Libogen” and “Livita,” this beverage was specifically
produced as an energy drink to thwart physical and mental
fatigue. The main ingredient in this drink is taurine, but it
is also combined with caffeine and various key vitamins
including B1, B2 and B6 along with other ingredients. Research
has not shown much in the way of taurine actually producing
energy, but there is significant amounts of data showing that
taurine can have plenty of other benefits for the body such as
positive effects for the liver and reduction of high blood
pressure.
The popular beverage soon became popular in Thailand,
especially used by rickshaw drivers, as a beverage called
“Krating Daeng.” The name is based on the fact that taurine
occurs naturally in the semen and urine of bulls. While this
may be a bit disturbing to many people, the fact is that the
majority of all taurine used today is chemically synthesized,
but it is still considered the foundation of the naming of the
energy drink.
In the United States, “Jolt” cola was the first drink marketed
as a pure energy drink in 1985. Jolt was basically a beverage
loaded with sugar and caffeine and marketed as a drink to keep
people awake due to the high caffeine levels. While it did not
have sustaining power in the market, Jolt helped pave the way
for energy drinks as people were beginning to work more and
play harder and developed an unquenchable thirst for drinks
that provided energy. It was 1997 that saw the resurgence of
energy drinks taken to the extreme when Austrian Dietrich
Mateschitz ran hard and fast with the taurine-based beverage.
Mateschitz named his new drink based on the Thai drink,
“Krating Daeng,” which in English translates to “Red Bull.”
The rest, as they say, is history, as the energy drink
industry has never been the same since.
Red Bull has continued to dominate the market since its
inception. Annual sales for 2009 were just shy of $2 billion.
It is not without competition, though. In 2001, Rockstar, Inc.
emerged with its own energy drink appropriately called
“Rockstar” and in 2002, Red Bull’s main competition surfaced
as Hansen and Company debuted “Monster Energy.” While Red Bull
is still clearly the leader in annual sales, Monster is making
up ground quickly with a sales growth of nearly 11% from 2008
to 2009. Monster’s sales, which are approaching $1 billion
annually are still only about 50% of Red Bull. Rockstar is
still growing overall, but experienced a 1.2% decrease in
sales from 2008 to 2009 totaling just shy of $400 million in
sales last year.
The explosion overall still continues as the energy drink
sector is the fastest growing segment in the beverage
industry. The sector is experience a nearly 65% growth year
over year. With relatively miniscule dollar volume in the year
2000, sales grew to $200 million in 2005 and mushroomed to
$3.4 billion in 2007. Estimates have the energy drink sector
to approach $10 billion in 2011.
The history of Texas hold ‘em is somewhat sketchy, but
Robstown, Texas is generally given credit as the game's
birthplace in the early 1900’s. In 1967, the game was
introduced to Las Vegas. While it remained quietly enjoyed by
many, 7-card stud remained the most popular poker game in the
world. The dawn of the 21st century, however, saw the
evolution of the game and the beginning of global prominence
as hold ‘em tournaments began using “lipstick cameras” to show
the players’ hole cards. Much like the energy drink craze
initiated by Red Bull, the wick was lit and the Texas hold ‘em
explosion was about to happen.
In 2003, the World Poker Tour began using lipstick cameras and
the momentum in popularity was in full swing. When Chris
Moneymaker, an amateur who gained admission through online
hold ‘em tournaments, won the $2.5 million first place prize
at the 2003 World Series of Poker (“WSOP”) live on ESPN, the
doors opened wide to amateurs everywhere as to the
possibilities of playing this “no limit” game and the
revolution had officially begun. That particular year, 839
people entered the WSOP. In 2010, there were 7,319 entrants.
Major networks such as ESPN, NBC and GSN now broadcast hold
‘em poker on a near daily basis.
Online poker playing has followed along in growth with nearly
10 million serious (defined as playing for more than 5 hours
per week) players participating daily. The growth on
television popularity and online popularity has turned Texas
hold ‘em into a multi-billion dollar industry that doesn’t
appear to be slowing in growth anytime in the foreseeable
future. In fact, advertising and media is still in its infancy
as more companies are turning directions to place advertising
into this space due to the massive amounts of exposure it is
receiving. Poker is third in overall television worldwide only
trailing soccer and NASCAR, so it is not a big surprise that
advertisers are pursuing the industry. The WSOP is broadcast
to some 300 million households across 25 countries on five
continents.
As this article started, combining the forces of two of the
most rapidly growing industries in our world today could be
beneficial to a publicly-traded company. Kore Nutrition, Inc.
(OTCBB:KORE) is a company that is attempting to capitalize on
the popularity of these two growing giants. KORE, through its
wholly-owned subsidiary, ALL IN, is engaged in the business of
developing, producing, and selling non-alcoholic beverages.
The Company produces premium energy drinks and an enhanced
purified water under the brand name, ALL IN™ Energy.
ALL In Energy drinks come in grape, citrus, root beer and akai
berry flavors and are formulated with adaptogenic herbs,
vitamins and amino acids that provide sustainable energy, a
sharpened sense of focus and also support the immune system.
Astralagus, schidandra, Panax Ginsend and Panax Quinquefoliums
are some of the herbs used to support the immune system. In
addition, ALL IN energy drinks contain vitamins and amino acid
ingredients such as Vitamin C, Niacin, B6, Folic Acid, B12,
and Pantothenic Acid. The sugar-free, proprietary combination
provides for a smooth and flavorful taste with low calories
(less than 10 per can) and no carbohydrates.
Kore has engaged the world of poker superstars to endorse its
products. The poker legend, Johnny Chan is easily one of the
most recognizable players in the game and is leading the pack
with his support of ALL IN energy drinks. The number of
players endorsing ALL IN does not stop with Johnny Chan,
however. Approximately 30 different high profile and
well-known players, such as Chris Moneymaker, Scotty Nguyen
and Freddie Deeb don ALL IN attire and support the Company by
drinking their beverages during poker tournaments. ALL IN is
becoming synonymous with poker tournaments as ALL IN logo is
also found of the felt of the actual playing table.
In addition to the marketing through player endorsements, ALL
IN beverages were the only beverages served on the WSOP
playing floor. Tables were stocked with ALL IN energy drinks
and purified water before the start of the tournaments, the
server trays were continuously stocked with ALL IN beverages
and ALL IN dealer flags were used during the finals of the
tournament solidifying ALL IN as part of the WSOP.
KORE is clearly making an impact on the poker industry and
successfully branding itself within the poker community, but
their business strategies do not stop there. The Company is
beginning to diversifying into other billion-dollar
industries. ALL IN sponsored the #4 and #49 cars of Jay
Robinson during the 2008 NASCAR Nationwide Series. KORE also
intends to begin sponsorships and advertising through the
mega-popular world of mixed martial arts. The world of MMA is
an industry growing at an incredible pace with millions of
viewers and seems a natural fit for the Company’s slogan of
“In life, play harder, last longer, live free and go ALL IN!”
While most companies would be complacent with having one
product with the potential that ALL IN energy drinks possess,
KORE also has its purified bottle water products. Bottled
water has surpassed beer, milk and coffee to become the second
best selling beverage behind soft-drinks. Some estimates
predicted that bottled water will be the number one selling
beverage by the end of 2010.
ALL IN purified waters go through a 12-step distillation
process to filter out the highest level of dissolved solids
that are present in many other waters. ALL IN also has proven
scientifically that the blend of minerals added to their
waters provide maximum hydration effects to increase energy
levels, performance and quick recovery response times.
KORE’s aggressive growth strategy is to build upon what they
have already successfully established, increase production and
focus on multiple targets for greater distribution and
visibility. It is clear what they have done within the poker
industry and that is scheduled to continue. All of their
products are presently sold on the continents of North
America, Asia, Europe and Australia. Expansion through
distribution within these continents is expected in 2011.
Further, KORE intends to sign contracts with major hotel
chains and appoint a senior level beverage-specific CEO to
execute the Company’s growth strategies in conjunction with
the appointing of a world-class advisory board.
KORE was recently evaluated by the Cohen Independent Research
Group, Inc. and given a target value of $10.50. In the words
of the evaluation,” Kore Nutrition has gained recognition
through sponsorship of the World Series of Poker, and has
endorsements with the ten time champion. The Company plans to
ramp up production in 2010 and begin widespread distribution
to convenience stores, supermarkets, hotels and casinos. We
expect revenues to grow steadily in the next several years.”
This is consistent with the most recent Kore press release
which stated, “as of August 1, 2010, management of Kore
expects the Company to exceed financial projections for fiscal
year 2011 and to become profitable in that year.”
Technically speaking, KORE has been in a solid channel between
$.46 and $.64 for approximately 3 months. Over the course of
those 3 months, the price per share (PPS) has been on a slow,
but steady incline towards the top of the channel. This week
it appears that it is trying to make a move to the north side
of the channel as the price popped through the topside on
Monday with a close at $.71. A bit of selling on Tuesday has
brought the PPS right back down on top of the channel. From a
technical standpoint, this previous resistance should hold as
a new support level.
One important thing to note is that the PPS has been holding
over the 20 day simple moving average (SMA). This is the sign
of a bullish chart as the 20 SMA is the middle of the
bollinger bands and a strong chart trades consistently to the
upper side of the bollingers. A sampling of indicators that
are momentum, trend and volume based produces some mixed
signals as the Relative Strength Index (RSI) is in a long term
uptrend that mimics that uptrend of the PPS, but it has curled
down today based on the dip in PPS. The trendline is still
intact at this point and the RSI value is still over 50
(bullish). This trendline and value must hold. The Chaikin
Money Flow (CMF) is a volume based indicator that is about to
break under zero at this point. Again, the overall trend is
still up at this point. The Moving Average Convergence
Divergence (MACD), which is an oscillator that can give
readings for both momentum and trend, is on a solid uptrend
toward 0. This is very commonly interpreted by technical
traders as a strong buy signal as 0 is referred to as “the
money line.”
Overall, the chart is more bullish than bearish as a more
lengthy view of the chart is still showing uptrends in the
indicators as the PPS is trying to push through to levels it
hasn’t been at in over 3 months. Should the stock head in the
opposite direction of what is hoped for a strong support level
at around $0.55. As such, stop losses just under that price
range would be encouraged. As we always say at this point, we
would like to remind all investors to do their own due
diligence when investing in anything they see on
AllPennyStocks.com, and consult with a financial advisor
before making any investment decisions.
The ready to drink beverage industry, primarily energy drinks
and bottled water, have been growing at unprecedented rates in
recent years with no real limitations in sight currently. In
the context of industry sectors, they are both still
relatively young with a great deal of growth potential
available. The potential of the energy drink space is
particularly attractive to young companies. While Red Bull,
Monster and Rockstar will continue to battle for the top
positions, as the three combined control nearly 65% of the
sector, there are several companies that are not only looking
to capitalize on the remaining 35%, but strategically position
themselves for a possible explosion that catapults a new
company into the battle with the top three. After all, Red
Bull probably never saw Monster coming when they appeared on
the scene and then started gobbling up part of their market
share. Kore Nutritional, Inc. is a leading company that is
positioning itself in attempt to make this kind of impact.
Presently trading at $.65, with only 64 million outstanding
shares, KORE has unique potential to produce value for its
shareholders as its products continue to be rolled-out
globally and when more exposure, both domestically and
internationally, is attained. We at AllPennyStocks.com are
seeing the potential of the young company, and look with
interest to KORE and the investment opportunity presented. For
the reasons above, we have decided that KORE meets our
criteria to be the next U.S. Company Spotlight and we
encourage our investors to conduct their own due diligence on
this exciting micro-cap utilizing two of the hottest trends in
the marketplace to build out their Company.
As always, more information on the Company can
be found on AllPennyStocks.com, or by
clicking here.
INVESTMENT HIGHLIGHTS
- Energy Drink Explosion. The sector is
experience a nearly 65% growth year over year. With
relatively miniscule dollar volume in the year 2000,
sales grew to $200 million in 2005 and mushroomed to
$3.4 billion in 2007. Estimates have the energy
drink sector to approach $10 billion in 2011.
-
Texas Hold ‘Em Explosion. Much like energy
drinks, Texas hold ‘em has been around for a
century, but with the implementation of “lipstick
cameras” and an amateur player winning $2.5 million
at the World Series of Poker, the game has developed
into a full-blown industry.
- Unsurpassed
Exposure. By setting and achieving lofty goals
to promote and brand the ALL IN company name through
the poker world, Kore Nutrition has strategically
exposed their products to millions and millions of
potential consumers.
- World-Renown
Endorsements. Kore has an endorsement team that
most OTCBB companies can never achieve. Led by
10-time world poker champion, Johnny Chan, the ALL
IN brand is endorsed by many of the most notable
poker players in the world as well as being a
featured sponsor at the WSOP.
- Multiple
Products. Most companies struggle to develop one
successful product. Kore has several flavors of
their proprietarily-formulated energy drinks as well
as their scientifically-proven superior purified
water.
- Glowing Research Report Write-Up.
Cohen Independent Research recently performed an
evaluation of Kore. They established a $10.50 price
target while speaking favorably about Kore in
general.
- Technical Merits. KORE has been
in a solid channel between $.46 and $.64 for
approximately 3 months. Over the course of those 3
months, the price per share (PPS) has been on a
slow, but steady incline towards the top of the
channel. This week it appears that it is trying to
make a move to the north side of the channel as the
price popped through the topside on Monday with a
close at $.71.
OVERVIEW
Kore, through its wholly-owned subsidiary, ALL IN, is
engaged in the business of developing, producing, and
selling non-alcoholic beverages. It produces premium
energy drinks and an enhanced purified water under the
brand name, ALL IN(TM) Energy, to suit the demands of an
active world. Unlike competitive energy drinks, which
can lack great taste and occasionally create a mere
energy blip, ALL IN(TM) Energy is a premium sugar free
product, with no carbohydrates, and less than 10
calories per can.
ALL IN(TM) Energy uses herbs, vitamins and amino-acids
to provide a balanced and sustained sharpening of focus
and pure energy. ALL IN(TM) Energy drinks are available
in three unique and delicious flavors: Citrus, Grape and
Acai Berry. ALL IN(TM) also offers a premium water that
uses advanced technologies, and preliminary research
suggests that ALL IN(TM) water is a faster hydrator than
ordinary tap water and other mineral waters. Legendary
poker champion Johnny Chan has joined together with
fellow top poker professionals, who all endorse ALL
IN(TM) Energy drinks. Kore intends to expand the
production, sales and distribution of ALL IN(TM) Energy
drinks and water over the next twelve months.
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Corporate Information
- Exchange: OTCBB
- Market Cap: 41.7 Million
- Outstanding Shares: 64.2 Million
- Price: $0.65
- 52 Week Low / High:
$0.46 / $0.84
- Information As Of September 1, 2010
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Useful Profile Links
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Forward Looking Statements
This report includes forward-looking
statements that reflect Kore Nutrition Inc. current
expectations about its future results,
performance, prospects and opportunities.
Kore Nutrition Inc. has tried to identify these
forward-looking statements by using words and
phrases such as "may," "will," "expects,"
"anticipates," "believes," "intends,"
"estimates," "plan," "should," "typical,"
"preliminary," "we are confident" or similar
expressions. These forward-looking statements
are based on information currently available and
are subject to a number of risks, uncertainties
and other factors that could cause Kore
Nutrition Inc.'s actual results, performance, prospects or
opportunities to differ materially from those
expressed in, or implied by, these
forward-looking statements. These risks,
uncertainties and other factors include, without
limitation, the Company's growth expectations
and ongoing funding requirements, and
specifically, the Company's growth prospects
with scalable customers, and those outlined
above. Other risks include the Company's limited
operating history, the Company's history of
operating losses, consumers' acceptance, the
Company's use of licensed technologies, risk of
increased competition, the potential need for
additional financing, the terms and conditions
of any financing that is consummated, the
limited trading market for the Company's
securities, the possible volatility of the
Company's stock price, the concentration of
ownership, and the potential fluctuation in the
Company's operating results.
Disclaimer
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Please do your own research before investing. It
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Information contained in this report was
extracted from current documents filed with the
SEC, the company web site and other publicly
available sources deemed reliable. For more
information see our disclaimer section, a link
of which can be found on our web site. This
document contains forward-looking statements,
particularly as related to the business plans of
the Company, within the meaning of Section 27A
of the Securities Act of 1933 and Sections 21E
of the Securities Exchange Act of 1934, and are
subject to the safe harbor created by these
sections. Actual results may differ materially
from the Company's expectations and estimates.
This is an advertisement for Kore Nutrition Inc. The
purpose of this advertisement, like any
advertising, is to provide coverage and
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