I already knew that GNC Holdings’ purchase order had made big waves for KOIOS Beverages (CSE: KBEV & US: KBEVF). GNC owns thousands of retail locations throughout the U.S., but what the company has just released, literally hours ago, as far as I’m concerned, is the type of news that could potentially take it to the next level and beyond.
KOIOS (CSE: KBEV & US: KBEVF) is a small-cap operation, but its CEO is a big-time player. I can personally attest to that, because his team has just disclosed that WALMART, the largest retailer on the planet – with over 11,000 stores around the world – has signed a vendor agreement with the company.
In plain words, KOIOS Beverages will soon be available in thousands of Walmart locations. That is a serious achievement.
The process of becoming a vendor for Walmart is excruciating. Over the years, I’ve seen countless products – which are cutting-edge, marketable, superbly-branded, sure to be fly-off-the-shelf hits – fail to make Walmart’s purchasing department’s strict criteria for taking up shelf space in the most competitive retail store to ever exist.
Walmart is a $288 billion dollar business. It employs over 2.3 million individuals. The Walton family owns 51% of it. $1 out of every $4 retail dollars that Americans spend, go to its cash registers. The company is simply a cash machine; its revenue is over $500 billion in a single YEAR!
The sheer size of the Walmart chain is sometimes underappreciated. I’ve been a shareholder of WMT since the price was $61.72 in 2016. When I conducted my research on it, I was astounded by the scope of this enterprise. It is nearly twice the size of PepsiCo and 8x the size of Target. It is worth $60B more than Home Depot, and is 300% bigger than Costco or LOWE’s. I mean, it is E-N-O-R-M-O-U-S!
In any given calendar year, each person walking the face of the earth will purchase at least one product in a Walmart location. Every week, more than 100 million Americans shop there. It is the world’s most popular GPS search on Google Maps and similar navigation apps.
KOIOS Beverages (CSE: KBEV & US: KBEVF) has struck it big – this company has the market’s ear, at this point. This type of progress can potentially attract some very sophisticated investors!
I’m scheduled to speak with CEO/founder, Chris Miller, in the coming hours, as he is making his way back from Walmart’s headquarters. I can tell you this – there aren’t many CAD$21.3M publicly-traded companies that are selling at Walmart stores.
This is a company-builder, as we see it.
KOIOS is onto something big and it hasn’t gone unnoticed by the world’s most successful retail chain of all times!
Consider shares of KOIOS (CSE: KBEV & US: KBEVF) NOW!
Best Regards,
Lior Gantz
President, WealthResearchGroup.com
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Original Article Available HERE