Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Italy Fines Apple €98.6 Million Over App Store Dominance 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector 
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Seatrium Reaches $475 Million Settlement With Maersk Over Offshore Wind Vessel Project 
SCOTTSDALE, Ariz., Oct. 20, 2016 -- Mark Phillips, the creator of Palcohol - powdered alcohol, has decided to auction off the secret formula and manufacturing process for Palcohol to the highest bidder in each of 130 counties. Phillips says, “We believe that Palcohol’s potential can be best realized by a person / company in the country who is familiar with the liquor laws and distribution systems.”
|
|||||
A photo accompanying this announcement is available at www.Palcohol.com.
Palcohol was approved for sale in the United States in March, 2015. The worldwide demand for Palcohol has been tremendous yet Phillips found navigating the liquor laws in each country to be a daunting task. With no other powdered alcohol currently being sold in the world, the auction winners will have a great opportunity to secure the market in their country.
Palcohol enables someone to just add water or a mixer to the powder and have an instant cocktail. While five versions of Palcohol were approved in the United States…Vodka, Rum, Cosmopolitan, Lemon Drop and Powderita (Margarita), with the secret formula, the winning bidder in each country can choose those versions or make up their own. The alcohol content can also be adjusted.
Palcohol has many applications. Because Palcohol is so light, airlines can reduce the weight on an airplane by serving powdered vs. liquid alcohol and save millions on fuel costs. The lightness is a boon for travelers, outdoor recreation enthusiasts and for medical personnel who can use it as antiseptic when they have to carry medicine into a disaster zone. Other possible uses include as fuel, whether in vehicles or in a soldier’s stove in his backpack. There are applications in pharmaceuticals, manufacturing, food production, etc. The applications seem to be endless.
The auction begins January 1, 2017. Potential bidders must register with Lipsmark, the parent company of Palcohol, to show proof of funds. However, there is a Buy Now price for each country that enables someone to buy the rights for a country before the auction begins. Once the auction is over, the secret formula will be sent to all the winning bidders at the same time.
Contact: Lynne Barbour Email: [email protected] Website: www.Palcohol.com
