CAVE CREEK, Ariz., Jan. 10, 2013 (GLOBE NEWSWIRE) -- Dethrone Royalty Holdings, Inc. (or "Dethrone") (OTCBB:DRHC) (OTCQB:DRHC), would like to update the Shareholders regarding some of its recent corporate activities and actions. Including:
- In February 2012 Dethrone Beverage, Inc. (a wholly-owned subsidiary of Dethrone Royalty Holdings, Inc.) entered into a Royalty Agreement with Dethrone Royalty Inc. for the purpose of manufacturing and distributing a sports nutrition and water beverage under the Dethrone Beverage brand.
- Dethrone Royalty Holdings, Inc. is led by a Management team having a successful background of new nationally distributed iconic beverage launches. They are:
Toby McBride , CEO, 44, has over 18 years of experience in the beverage industry. Mr. McBride has been involved in launching the product brands, Sobe , Arizona Iced Tea and Xyience. Mr. McBride began his career with Whole Foods as a National Buyer leaving to join Sobe . Michael Holley , President, 37, has been in the beverage industry for over 16 years. Mr. Holley has been involved in launching the product brands, Arizona Iced Tea and Xyience . Mr. Holley began his career in the wine and spirits industry launching new products and on-boarding key accounts.
- Dethrone™ was carefully formulated to support mental focus and help increase blood flow, thereby giving the body the fuel necessary to power through the day. Whether you are looking to achieve optimal performance in the ring, on the field, or in the workplace, Dethrone™ will help give you "that something extra"
- Dethrone will launch on the U.S. west coast with Tier One (major beer distributors), and be in chains such as 7-11, Nugget Markets, C-Stores like AM PM, Circle K and Quik Trip.
- On January 8, 2013 DRHC hired Circadian Group as its Investor Relations Firm. Circadian specializes in financial marketing and communications, as well as shareholder development for high-growth, venture capital stage public companies, with the potential to become extraordinary success stories for early Investors.
- Dethrone is broadening its appeal beyond the world of Mixed Martial Arts (MMA) and the UFC (Ultimate Fighting Championship) by entering into Endorsement deals with Superstar Athletes from the NFL, MLB, NHL and NBA as well as sponsoring major sporting events and social causes. Celebrity athlete endorsers and other partners will be announced over the coming weeks.
- As of January 3, 2013 DRHC had 97,320,000 shares Issued and Outstanding of which 37,500,000 in the public float.