Golden Grail Technology (OTCMKTS:GOGY) Stock Corrects After Recent Gains

Golden Grail Technology (OTCMKTS:GOGY) is a company that is involved in the fast growing wellness beverages sector and yesterday the company made another significant announcement.

Trading Data

On Tuesday, GOGY stock slid 2.63% to $0.7400 with more than 10.27K shares, compared to its average volume of 154.67K shares. The stock moved within a range of $0.7400 – 0.7600 after opening trade at $0.7565.

Golden Grail Beverages (OTC: GOGY) Announces Expanded Distribution Agreement with Golden Beverage Company

The company announced yesterday that Golden Beverage Company LLC would be its distribution partner for its Sway Energy Drinks and also for Cause Water in the state of Utah. Golden Beverage Company LLC is based out of Ogden in Utah and is one of the premier distributors of non-alcoholic beverages, sodas and beers in the state. At this point in time, the company serves Weber, Box Elder, Morgan, Rich and Cache counties in the state.

Sway Energy Drinks from Golden Grail Technology is described as a premium organic energy and immunity drink that contains no sugar or artificial sweeteners. The main mission of the product is to provide the consumers with an energy drink that would be clean and serve as an alternative to the traditional energy drinks in the market. The Chief Executive Officer of Golden Grail Technology noted that he was pleased to have roped in Golden Beverage Company as the distributor for its drinks brand in the state of Utah and noted that the company was excited at the prospect of working with the distributor.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.