Shareholder Question: Jay Udell

QUESTION:

  • Are we still working with Jay Udell?

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ANSWER:

The reason that I have not provided more updates pertaining to this sector is that Jay Udell has been encouraged by interest expressed in Winning Colours by conventional distributor(s) that service the C-store sector, but has been awaiting a final decision from them.  This is a strategically important option.  The driver program remains a way forward, however if we go down that road, it will close certain distributor options on the conventional distribution side.  It is not a good idea to “stop and go” or jump around between such arrangements. 

Therefore, we have been awaiting a go-forward decision from a key C-Store distributor prior to making our final choices about the next step.

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