"ONE ROQ's recent funding success is a testament to the larger resiliency of the beverage alcohol market as a whole," shares Garrett Green, Founder/CEO.
SAN DIEGO, CA, March 17, 2020 /24-7PressRelease/ -- ONE ROQ Spirits, makers of ONE ROQ Vodka and the ONEROQClub.com announces official completion of its $1M Seed funding via direct public offering. Net proceeds from the financing have gone towards the development and commercialization of ONE ROQ's paradigm-shifting, brand experience and membership platform, a first-mover business model promising to break through traditional market barriers and even insulate from public market volatilities like the those created from pandemics.
ONE ROQ is the superior lifestyle brand inviting consumers to 'Own Their Spirit' by investing as little as $100 to receive an equity stake in the ONE ROQ Vodka brand and its future. By doing so, Members are rewarded with the authentic experience of owning what they drink and drinking what they own, whereby enabling consumers to impart control over the destiny of their investment. Membership includes several additional lifestyle perks unique only to ONE ROQ.
"ONE ROQ's recent funding success is a testament to the larger resiliency of the beverage alcohol market as a whole," shares Garrett Green, Founder/CEO. "Consumers drink in good, bad and uncertain times, and with ONE ROQ, they can now enjoy the financial opportunities of that market as well."
ONE ROQ's unique business model leverages new SEC approved securities laws and cutting-edge marketing strategy allowing it to safeguard itself from well-known industry barriers and public market volatilities such as those created by the Coronavirus. ONE ROQ is looking forward to emerging in 2020 as the most innovative adult beverage brand of the decade, if not the century.
The US distilled spirits market is currently sized at 74B annually with vodka representing over 30% of the overall market - a dominant slice of the market. Consumption of the high-end segment of the market is driven by a desire for superior taste, credentials and brand experience.
Consumers join the ONE ROQ Club by investing as little as $100 to receive an equity stake in the ONE ROQ Vodka and its future. By doing so, consumers are rewarded with the unique experience of owning what they drink and drinking what they own, whereby enabling consumers to impart control over the destiny of their investment. Membership includes several additional lifestyle perks unique only to ONE ROQ.
Congratulations to Investors
The Company recognizes and congratulates all investors that joined its historic - Round 1 - offering. With funding complete, it will be able to advance to the next phase of it plan: broadline distribution agreements to allow ONE ROQ to be brought into US retailers requested by Members and beyond.
"Thanks to the combined innovation of new US securities law, the novelty of ONE ROQ's brand platform, and the support and foresight of countless investors, ONE ROQ has crossed its first finish line, setting the stage for what we believe could become the most exciting brand to hit the spirits market, ever," states Green. "The brand experience and operating platform being introduced to the market is like nothing that has ever been done in the industry. Distributors, retailers and consumers alike should be very excited."
ONE ROQ is planning a 2020 Conference call for Investors to discuss the accomplishments in 2019 that have allowed the Company to set itself up for future success. In the interim, investors can anticipate regular monthly communications from the Company via e-mail, newsletter, social feeds and the ORVC Reading Room, an exclusive content portal for Members.
2019 Accomplishments
• Raised over $1M in public financing, adding 10% to Company value.
• Enrolled 2500+ Club Member-Investors from around the world.
• Conducted 7 National Sponsorships and Member Events at some of America's most exclusive locations and venues alongside of world-renowned brands. These events garnered tens of thousands of viewer impressions, introduced ONE ROQ to major media outlets, created outstanding social and Company experiences for our Members. Events and their locations included: Tribeca Film Festival (NYC), Art Basel (Miami), The Hamptons (Long Island), Elite New York (New Jersey), The South Open (Orlando), Sundance Film Festival (Park City, UT), and X Games 2020 (Aspen, CO).
• In 2020, ONE ROQ became a liquor sponsor of X Games in nearly a decade - an agreement with the ESPN company. If you missed it, here was the official Sponsor Unveiling put out by ESPN!
• https://espnpressroom.com/us/press-releases/2020/01/espn-unveils-sponsors-for-x-games-aspen-2020/
• Built a highly sophisticated, custom programming network essential to launching and powering the ONEROQClub.com Member experience, including but not limited to web, app and proprietary user Member tools.
• Hired team of 6 to co-lead ONE ROQ's monthly creative, content and communications requirements
• Hired 10 outside sales agents covering central and South California + Central and South Florida.
• Set up and ran new inventories to supply a growing direct to home, e-commerce channel, as well as supply warehousing and fulfillment centers.
• During the holiday months of 2019, ONE ROQ became the no. 1 selling vodka SKU on 1877-Spirits.com, a top 5 online retailer of distilled spirits.
• Worked with e-commerce partners to enhance online pricing and consumer experience through the introduction of all-inclusive pricing, monthly member promotions and custom secondary packaging.
• Developed, tested and launched proprietary retail activation tool allowing Members to place real-time requests on their local retailers.
• Developed and launched monthly digital communication funnels driving continuous and profitable Member and customer growth that the Company is excited to scale into 2020.
About ONE ROQ
ONE ROQ Spirits is the maker of ONE ROQ Vodka, a next-generation adult beverage brand, concierge, and membership community leveraging technology, law, and brand strategy to position the next success story within the 74 billion distilled spirts market. Since launching Oct 15, 2018, the Company has enrolled over 2500 Members, hosting Member events at the Tribeca Film Festival, the Hamptons, the Nassau County Museum of Art, Art Basel, Sundance and X Games Aspen. The ONE ROQ vision is to build the world's first adult beverage brand owned exclusively – by everyone.
For more information, or to join the community, visit: ONEROQClub.com.
About The Founder: J. Garrett Green, 34, Founder of ONE ROQ Spirits, is an American entrepreneur, investor, award-winning product developer, and market analyst within the consumer goods industry. For interviews, email: [email protected].
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