American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Instagram Outage Disrupts Thousands of U.S. Users 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
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
