Golden Grail Technology (OTCMKTS:GOGY) Stock On Radar After Distribution Agreement with Southeastern Marketing
The beverage industry has managed to grow at a fairly impressive rate in recent times and if you are interested in the sector then there are plenty of options to look into. One of those is Golden Grail Technology (OTCMKTS:GOGY), which actually does business as Golden Grail Beverages.
Trading Data
On Wednesday, GOGY stock ended flat at $0.6400 with more than 172.33K shares, compared to volume of 177.94K shares. The stock moved within a range of $0.6200 – 0.6450 after opening trade at $0.6200.
Golden Grail Beverages (OTC: GOGY) Announces Sway Energy Distribution Agreement with Southeastern Marketing
The company was actually in the news yesterday after it announced that it had been successful in further expanding its partnership with the firm Southeastern Marketing & Distribution. By way of the expansion, the distribution agreement would also include the distribution of Sway Energy in the state of Kentucky.
It was a significant new development for Golden Grail considering the fact that Southeastern Marketing & Distribution is regarded as one of the premier distributors of products meant for convenience stores. Steve Hoffman, who is the Chief Executive Officer of Golden Grail, spoke about the development as well.
He noted that Southeastern Marketing & Distribution remained the distributor for the company with regards to Cause Water in Kentucky. Now, Southeastern Marketing & Distribution would also be responsible for the distribution of the Sway Energy product in the same state. Golden Grail is currently growing at an impressive clip and is well-known for its innovative beverage products.
