Disclosure NewswireTMiCrowdNewswire - Aug 30, 2016
August 29, 2016
Press Release – FOR IMMEDIATE RELEASE
Chief Executive Officer and Founder
President, Chief Operating Officer and Founder
16899 Whispering Oaks Lane
Ramona, CA 92065
Sports, Active Nutrition and Human Performance Brand
Medical, Health, Wellness and Adult Nutrition Brand
FrogPerformance, OP2Labs, TranscendSciences, FrogFuel, ProTGOLD
Frog Performance launches $3.0 million offering for private investors
Frog Performance develops, manufactures and distributes clinically proven
supplements that are sold in many medical facilities and retailers in 6 countries.
Through innovation and forward-thinking strategic leadership, Frog Performance has
successfully established a strong market presence in a demanding, but rapidly growing
marketplace. Frog Performance products are backed by clinical use, proven by
science, used by world class athletes, healthcare professionals and consumers.
Designed for patients and the elderly, children, adults, consumers and professional
athletes alike, FrogFuel and Transcend Sciences products offer best in class quality,
taste, nutrition and effectiveness.
San Diego, CA, August 29, 2016 – Frog Performance announced its $3.0 million
Regulation D 506(c) private offering today to accredited investors throughout the
Frog Performance has engaged VeteranCrowd to serve as exclusive financial advisor
during this offering. The securities are being offered through WealthForge Securities,
LLC Member FINRA/SIPC.
Frog Performance has achieved 954% year-over-year growth to date with an evergrowing
customer portfolio including market leaders such as Walmart, Amazon,
Safeway, Albertsons, HEB, Baptist Memorial Hospitals, Methodist Health Systems,
McKesson, Wood Fruitticher, Huntsman Cancer Center SLC, and many more.
Currently sold in six countries with more forthcoming, Frog Performance is
positioned for rapid growth.
Frog Performance has built a strong brand following and a reputation for exceeding
industry standards in product effectiveness and customer service. Frog Performance
corporate culture is modeled after the Special Operations community and fosters
leadership, innovation, moral fortitude and ethics as the key guiding principles.
Manage to expectations, lead by example and put your team before your personal
interests are the core philosophies for which the business operates. Frog Performance
has the leadership and experience necessary to implement, build and deliver one of the
most predominant name brands in the industry and serve as a model by becoming one
of the first companies to successfully bridge the gap between the medical and retail
industry. One vision, one reality!
One of the first uses of proceeds from this private offering will be marketing activities
designed to establish brand awareness and increase sales at major retailers and
promote the brand internationally in key territories, such as Asia, the Middle East,
South America and Europe. Proceeds will also be used to launch two new product
offerings directed at fulfilling market gaps in the medical and retail industries. The
new products expand and extend the market and create additional lines of revenue.
To support rapid market traction and growth, Frog Performance will attract and hire
top talent to manage marketing and sales activities in retail and medical. Frog
Performance Labs will also make additional technology investments designed to
improve online conversion and decrease the time from order to cash as well as
streamline the customer checkout process. Presently, Frog Performance utilizes a lean
manufacturing methodology to minimize inventory on hand, but this creates a
challenge in decreasing operating costs. Funds will be used to purchase excess
inventory components where cost efficiencies can be achieved through a reduction in
cost of goods.
VeteranCrowd, LLC is an online platform facilitating private placements for veteran
led businesses. VeteranCrowd believes military veteran leadership is the raw material
driving results within these companies. Securities are offered through WealthForge
Securities, LLC Member FINRA/SIPC.