PALM CITY, Fla. — GelStat on Monday announced that it has signed a distribution agreement with Next Distributors, which serves more than 30,000 independent convenience stores throughout the United States.
"This distribution agreement opens up new markets for the company," stated Larry Gershman, GelStat CEO. "This is a perfect venue for All Natural Speed as market feedback suggestion an alternative to energy drinks are desired by consumers. Obviously with 5-Hour Energy selling an estimated 5 million units per day, this represents a significant opportunity."
"I believe that the combination of Next Distribution and Gelstat will work seamlessly to successfully penetrate the market with Gelstat's products," noted Ken Tawfik, Next Distributors CEO.