Stakool, Inc. Announces new CEO and Direction
JACKSONVILLE, Fla., March 21, 2013 /PRNewswire/ -- Stakool Inc. (OTCQB: STKO) (OTCBB: STKO), a Florida-based corporation, a supplier of natural and organic and health and wellness products, announced Mr. Peter Hellwig has resigned as CEO and the board has appointed Joseph C. Canouse to fill that role. Mr. Hellwig will remain as a consultant to the Corporation. In addition, the remaining members of the board resigned as well and the Corporation would like to thank them for their service.
In assuming the position, it is Mr. Canouse's intent to pursue the mission of the Corporation by implementing strategies to greatly increase the distribution of the "Natural plus Energy" health bars and pursue other opportunities on behalf of the Corporation that are available. More specifically, Mr. Canouse is entering into negotiations with the licensee of Pleasant Springs Water to acquire its bottling and license rights. Pleasant Springs is a bottled water company in Tiger, GA, that bottles and distributes natural spring water and had sales exceeding four million dollars ($4,000,000).
Bottled water currently represents the second largest "share of stomach" from consumers in the United States. The current opportunity is extremely accretive to the overall value of the Corporation. The bottled water business is dominated by Coca-Cola, Pepsi and Nestle. However, premium brands such as Mountain Valley Water, Fiji, and Perrier enjoy higher margins and an increasing market share as the consumer market become aware of the health benefits of natural spring water. This opportunity will be expanded by complementary acquisitions which will be detailed in the future releases.
About Stakool Inc.:
Jacksonville, Florida-based Stakool Inc., through its wholly-owned subsidiary, Anthus Life Corp., is committed to being a leading North American supplier of natural and organic and health and wellness products. Anthus Life brings to market complimentary products that are most suited to the consumer. Proudly, one of its product lines is complimented by an endorsement agreement with seven-time Olympic medalist Shannon Miller.
Safe Harbor Statement:
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of Stakool, Inc./Anthus Life Corp. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, we undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in our future operating results.
South Street Media, Inc.
Melissa J. Diaz,
Phone: (917) 937-8968
SOURCE Stakool Inc.