Safety Shot Provides Shareholder Update Highlighting Significant Milestones and Progress
May 06 2024 - 9:08AM
Safety Shot, Inc. (Nasdaq: SHOT) (The
“Company” or “Safety Shot”) today released a shareholder
update to highlight the Company’s progress and strategic vision to
maximize long-term shareholder value.
In the last several months, the Company has
accomplished tremendous milestones which include:
- Launching Safety Shot, the first
patented beverage that helps people feel better faster by reducing
blood alcohol content by supporting its metabolism and boosting
clarity, on its direct-to-consumer website: www.DrinkSafetyShot.com
on December 7. The drink sold out on its first day of
availability.
- Releasing Safety Shot for sale on
the e-commerce platform Amazon. Consumers rapidly placed their
orders for delivery and the product was sold out almost
immediately.
- Announcing a strategic distribution
agreement with a leading brand-building agency and distributor
based in Los Angeles, to amplify its presence in the vibrant
Southern California market.
- Gearing up to launch Safety Shot in
Las Vegas and Los Angeles retail stores by the end of the Q2 2024.
The Company anticipates that the beverage will be in stores within
the next thirty days.
- Nearing completion of the Company’s
clinical trial to measure the effectiveness of Safety Shot in
reducing blood alcohol content by supporting its metabolism. Data
is now being compiled and is expected within the next four
weeks.
- Amassing an
impressive portfolio of celebrities and influencers. This includes
American comedian and actor Drew Desbordes, better known
professionally as “Druski,” EMD music sensation Night Tales, widely
followed YouTube group, The Nelk Boys, American
professional skateboarder and businessperson Danny Way, actor and
internet OG Matthew Espinosa, MMA superstar Jorge “Gamebred”
Masvidal, and UFC martial artist and influencer Hector
Lombard.
- Making several
pivotal management changes to drive growth for the Company:
- Jarrett Boon, a seasoned
entrepreneur and innovator with over 30 years of experience
creating and growing successful businesses, has been appointed
CEO.
- American entrepreneur, record
executive, and film producer Jordan Schur, has been appointed as
President of the Company. Schur has also joined the Company’s Board
of Directors.
- Serial entrepreneur John Gulyas has
been appointed Chairman of the Company. Gulyas has over 13 years of
experience owning and operating multiple franchise brands.
- David Sandler, with over three
decades of experience in the health and nutrition industry, has
been appointed the Company's Chief Operating Officer.
- David J. Long, the CEO and
co-founder of Orangetheory Fitness, has joined the Company’s Board
of Directors.
"I'm exceptionally proud of our team's
accomplishments and the steps we've taken so far,” remarked CEO
Jarrett Boon. “The Company is driving on our goals. Our plan to
increase shareholder value, drive revenue, and increase retail
partners is being executed and you will see it more and more every
day.”
About Safety Shot
Safety Shot, Inc., a wellness and dietary
supplement company, has developed Safety Shot, the first patented
wellness product on Earth that helps people feel better faster by
reducing blood alcohol content by supporting its metabolism,
boosting clarity and overall mood. Safety Shot is available for
purchase online at www.DrinkSafetyShot.com and www.Amazon.com. In
addition, the Company plans to introduce business-to-business sales
to distributors, retailers, restaurants, and bars in 2024.
Forward Looking Statements
This communication contains forward-looking
statements regarding Safety Shot, including, the anticipated timing
of studies and the results and benefits thereof. You can generally
identify forward-looking statements by the use of forward-looking
terminology such as “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “explore,” “evaluate,” “intend,” “may,”
“might,” “plan,” “potential,” “predict,” “project,” “seek,”
“should,” or “will,” or the negative thereof or other variations
thereon or comparable terminology. These forward-looking statements
are based on each of the Company’s current plans, objectives,
estimates, expectations, and intentions and inherently involve
significant risks and uncertainties, many of which are beyond
Safety Shot’s control. Actual results and the timing of events
could differ materially from those anticipated in such
forward-looking statements as a result of these risks and
uncertainties and other risks and uncertainties affecting Safety
Shot and, including those described from time to time under the
caption “Risk Factors” and elsewhere in Safety Shot’s Securities
and Exchange Commission (SEC) filings and reports, including Safety
Shot’s Annual Report on Form 10-K for the year ended December 31,
2023 and future filings and reports by Safety Shot. Moreover, other
risks and uncertainties of which the Company is not currently
aware may also affect the Company’s forward-looking
statements and may cause actual results and the timing of events to
differ materially from those anticipated. Investors are cautioned
that forward-looking statements are not guarantees of future
performance. The forward-looking statements made in this
communication are made only as of the date hereof or as of the
dates indicated in the forward-looking statements and reflect the
views stated therein with respect to future events at such dates,
even if they are subsequently made available by Safety Shot on its
website or otherwise. Safety Shot undertakes no obligation to
update or supplement any forward-looking statements to reflect
actual results, new information, future events, changes in its
expectations or other circumstances that exist after the date as of
which the forward-looking statements were made.
Media Contact and Investor
Contact:Medon MichaelidesPhone:
561-244-7100Email: investors@drinksafetyshot.com
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