A California-based micro cap just announced a strategic partnership with Langers Juice Company to produce Giddy up Energy Drink. Shares of R-Three Technologies, Inc. (OTCPK:RRRT) rallied on the news.
R-Three is based in Los Angeles, where it acquired the rights and products of Giddy Up Energy Products. Giddy Up is the wholesale manufacturer of energy products such as beverages, bars, snacks, liquid energy shots and other food and beverage products. The company’s primary focus and goals are to capture at least 5% to 10% of the current market, becoming one of the top leaders in the New Age Food & Beverage Industry.
Traders were bullish on the news as shares hit an early session high of $0.7847/share (+6.04%) following the announcement. This move is a strong continuation of the success this stock has been having over the course of the last year, coming from a 52-week low of just $.008/share!