Good day everyone,
We are continuing our coverage of SponsorsOne Inc. (OTC: SPONF), (CSE: SPO) a company that works with brands to build and manage exclusive and highly engaged communities of influencers within the social realm and a distributor of alcoholic beverages.
Current price $.0182/share
After opening the Tuesday session at $.0157/share SPONF finished the day strong at $.0182 (+15.9%). Trading volume was 6.4M shares. We believe there could be a potential breakout if the shares cross the $.02 level.
We understand that some of our members cannot or will not invest in low priced OTC stocks like SPONF. We respect that. But we wanted to bring this opportunity out in a report because there seems to be so much potential at this company.
With that said, SPONF looks to be an early-stage investment opportunity in a company with existing products, a developed distribution network and a low market cap/share price. These types of investments don’t present themselves very often.
According to Bloomberg, the direct-to-consumer spirits market is projected to be $24 Billion by 2026
According to Grandview Research, the global ready to drink cocktails market size was valued at USD 714.8 million in 2020 and is expected to have a CAGR of 12.0% from 2021 to 2028.
These are exciting times for SPONF. After developing their alcohol product line and lining up a distribution network, their products are finally on store shelves and available online.
Let’s look at the SPONF alcoholic beverage product line:
Doc Wylder’s vodka infused lemonade.
Doc Wylder’s vodka infused berry lemonade.
Doc Wylder’s bourbon infused lemonade.
Doc Wylder’s tequila infused margarita lemonade.
Texas four grain straight bourbon whiskey.
Texas straight rye whiskey.
Texas straight bourbon whiskey aged 4 years.
Texas straight bourbon whiskey aged 6 years.
Riverview Texas gin
4 corners Texas vodka
These alcohol products are for sale right now and could propel SPONF from a development stage company and right into a company generating revenues. We await the company’s Q2 and Q3 results to see if revenues are reported.
All indications are that 2021 may be a transformative year for SPONF. The company has transitioned its business model into the development of alcohol and hemp products and could generate revenues for the first time in a while. The company’s new products are viable and the market sectors they are participating are large and growing.
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