Hangover Joe's (HJOE) The Hangover Recovery Shot Can Aid USA Economy from Dreaded Hangovers
28 October 2015 - 11:11PM
Access Wire
Hangover Joe's (HJOE) Comments on Center for Disease
Control's Report of Hangovers Costing US Economy $249 Billion per
Year
DENVER, CO / ACCESSWIRE / October 28, 2015 /
Hangover Joe's Holding Corporation (OTC Pink: HJOE) (PINKSHEETS:
HJOE) - The U.S. economy has a $249 billion dollar hangover from
binge drinking according to the Centers for Disease Control. Last
week the Centers for Disease Control released numbers showing how
much in dollars, alcohol use costs U.S. companies and the U.S.
economy -- about $807 per employee per year. Heavy drinkers are
burdening businesses by being less efficient, getting arrested or
being hospitalized, the study said. A majority of the financial
hits come from impaired productivity -- likely due to hangovers the
day after -- which cost companies about $179 billion in 2010, the
CDC claimed. Employers lose $4 billion a year just from workers not
being able to come in the day after drinking, the study said. The
enormous impact on businesses in the United States and thus the
United States economy is something Hangover Joe's has known since
we founded the company in 2009! Our company has been on the cutting
edge of the market and we are the leaders in the functional
lifestyle category for morning hangover relief. We produce the
nation's leading Hangover Recovery Shot! Our product when consumed
the morning after consuming alcohol the night before has repeatedly
shown it aids in relieving, recovering and re-energizing our
consumers of the effects of having a few drinks the night
before.
This recent study demonstrates that our brand and product is
needed nationwide and more and more retailers and corporate buyers
are starting to agree with The Hangover Recovery Shot, by Hangover
Joe's. There is a huge need in the U.S. economy for our brand said
Matt Veal, CEO of Hangover Joe's. We actually put out a press
release back in 2011 stating just these facts that we could aid the
US economy and help consumers recover and be more productive at
work. This is something we've always known as a company. Our brand
is strong and resonates with consumers. We have sold millions of
shots since we started and the brand only continues to grow and
resonate. It's cutting edge and it has the cool factor! In the last
few months, we have started a dealer program with Specialty
Marketing Systems out of Nashville, Tennessee and we are building a
ground force of dealers around the country. We expect to be in 100
or more major US markets in the next year, so relief is on the way
for Americans who suffer from morning hangovers. We expect to
continue to gain more market share through our dealer program and
we are also seeing that national chain buyers are showing interest
in our Hangover Recovery Shot as well, added Shawn Adamson
Co-Founder and head of national sales for Hangover Joes.
Hangovers happen and they have been going on forever, it's just
part of the human condition. We see our brand becoming a global
brand said Mike Jaynes, Co-Founder and Chairman of the Board of
Hangover Joe's. Hangovers happen worldwide and every week we have a
new company in some part of the world reaching out to us for
information on our brand. We are now working on quite a few
different fronts internationally. Launching our brand in South
Korea and moving forward into more countries is something that we
will continue to do. This is a global brand and we have to go
through the regulatory process in each country, but we are making
progress on a daily basis. We believe if only 1% of those affected
by hangovers that are costing the US economy $249 Billion dollars
annually would use our Hangover Recovery Shot, it would add a
staggering $2.49 Billion dollars in U.S. worker productivity. Our
ability to reach numbers even much greater than the illustration of
1% of those responsible for this drain on the economy is growing
everyday through our dealer program. It's easy to see how our
Hangover Recovery Shot can aid the US economy by helping those who
need to get to work in the morning and be productive.
Interested in a Dealer/Distributorship for HJOE products?
Contact SMS at www.smsdealerships.com.
http://www.nydailynews.com/news/national/hangovers-cost-u-s-companies-billions-year-article-1.2402023?cid=bitly
Hangover Joe's is the exclusive producer of "The Hangover"
Recovery Shot, and one of the nation's top selling anti-hangover
recover drink & hangover recovery shot. Git-R-Done-Energy is an
officially licensed product of Git-R-Done Productions, Inc. and
Larry the Cable Guy and is a healthy energy drink. Visit our
website at www.GitRDoneEnergy.com and www.hangoverjoes.com
https://www.facebook.com/GitRDoneEnergy,
https://www.facebook.com/hangoverrecovery, and on twitter
@GitRDoneEnergy, @TheHangoverShot. Instagram: HangoverJoescom
Hangover Joe's is a publicly traded company and is trading on
the OTC as HJOE. For more information, visit www.hangoverjoes.com,
or check us out on Facebook and YouTube.
Forward-Looking Statements
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. Statements in this press release which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things, regulatory incentives, the development of new
business opportunities, and projected costs, revenue, profits and
results operations. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our annual
report on its reports filed at www.sec.gov.
CONTACT:
Hangover Joe's Holding
Corporation
Info@hangoverjoes.com
Ph.
501-553-3796
For Information on Hangover Joe's stock checkout
www.investorhangout.com.
SOURCE: Hangover Joe's Holding Corporation