LOTE Juice Bar Electric Vehicle Charging Stations Experiences Significant Increase in Orders and Quotes
Tolland, Conn. August 8, 2017 -- 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, “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.
Lot 78 (CE) (USOTC:LOTE)
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Lot 78 (CE) (USOTC:LOTE)
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