TOLLAND, Conn., Aug. 8, 2017 /PRNewswire/ -- Lot 78, Inc. (OTCPink: LOTE), announces that Juice Bar Electric Vehicle Charging Stations has experienced a significant increase in placed orders and requests for quotations. In the 45 days ending July 31, 2017, Juice Bar has taken orders for $125,000. At the present time Juice Bar has 70 active quotes in its pipeline totaling $760,000.
LOTE CEO David Schmid said, "We are delighted to see Juice Bar Electric Vehicle Charging Stations have a material increase in orders placed and a surge in requests for quotations beginning at the end of the 2nd quarter and continuing into the beginning of the 3rd quarter. With the positive buzz revolving around the launch of new electric vehicles such as the Tesla 3 and the Chevy Bolt, the need for electric vehicle charging stations has never been more real and exciting. Juice Bar Electric Vehicle Charging Stations' premium brand is well positioned to take advantage of this unique time in the adoption of vehicle electrification."
ABOUT LOT 78, INC. The Company was incorporated in the State of Nevada on June 27, 2008. On March 14, 2011, the Company filed a Certificate of Amendment with the Secretary of State of Nevada changing the name of the Company to "Bold Energy, Inc." On November 12, 2012, the Company, then under the name Bold Energy, Inc., entered into a Share Exchange Agreement with Anio Limited a limited liability company established under the laws of the United Kingdom ("Anio Ltd."), which conducts its primary line of business under the name Lot78, Inc., the shareholders of Anio Ltd., and the controlling stockholders of the Company. The company changed names to Lot78, Inc. on January 31, 2013. On July 15, 2016, the Company entered into a Letter of Intent to merge with Compound Holdings, LLC, a Connecticut limited liability company. Subsequently, on July 18, 2016, the Company and Compound Holdings LLC entered into a definitive Agreement and Plan of Merger. Pursuant to the plan of merger, upon closing, the Company intends to change its name to Compound Holdings, Inc.
SOURCE Lot 78, Inc.