earnings
confidence medium
sentiment positive
materiality 0.75
Safety Shot Q3 update: spin-off plans, $3.4M insider buy, 7-Eleven partnership
BONK, INC.
2024-Q3 EPS reported
-$0.69
revenue$519,793
- Plans to spin off Caring Brands within 90 days; shareholders to receive 2M shares of Caring Brands as dividend.
- President Jordan Schur invested additional $3.4M, demonstrating confidence in company future.
- Secured distribution partnership with 7-Eleven in 300+ stores in Chicago area; also expanded with Atlantic Beverage in MA/RI.
- Granted new patent for BAC-reducing formulation; positive clinical study results announced.
- Rebranded from Safety Shot to Sure Shot with new 4oz bottles and stick packs.