vdt
3日前
Agree, a good OTC stock to pick
The best is yet to come.
--------------------------------
ACCESS NEWSWIRE 8:05 AM ET 6/8/2026
- Adios®, ready-to-drink cocktail brand,sold more than 10,000 units during High Tide Festival, held June 5 and 6 at Riverfront Park in North Charleston, South Carolina.
- High Tide Festival provided Adios with a powerful platform to engage consumers, drive product trial, and strengthen retail demand
- the largest and most successful single-event consumer engagements in Adios history
Company's strategy of combining experiential marketing, retail expansion, distributor execution, and digital engagement to build long-term brand value.
- Adios generated strong consumer participation both on-site and online.
- Thousands of festival attendees experienced the brand firsthand
- Brad Wyatt, Chief Executive Officer of Kultura Brands. "Selling more than 10,000 units is a significant accomplishment, but what excites us most is the consumer responsewhile social media engagement surged
- consumers discover the brand, engage with the brand, share the brand, and then actively seek it out at retail. across the Company's platforms,
- a growing number of retail locations throughout South Carolina
- Consumers can visit www.adiosspirits.com for product information and upcoming store locator updates.
- Consumers are trying Adios at events, sharing their experience across social media, and then looking for the product at retail.
- That creates awareness, retailer confidence, and distributor enthusiasm all at the same time.
- strategic festival activations can play a major role in building a national brand
- We were extremely pleased with our first event alongside Culnane Creative," added Albin.
- we continue building the Adios brand across new markets and major consumer events."
- Following the success of High Tide Festival, Adios will continue its summer activation schedule at Party In The Park in Albuquerque, New Mexico on June 20, 2026.
- Kultura Brands expects to announce additional music festivals, consumer activations, retail expansion initiatives, and market development programs in the coming weeks
- Adios continues executing its growth strategy across key markets throughout the United States.
Chartmaster
6日前
Adios(R) Sells More Than 10,000 Units at High Tide Festival, Validating Festival-Driven Growth Strategy and Accelerating Retail Expansion
ACCESS NEWSWIRE 8:05 AM ET 6/8/2026
Strong consumer demand, significant social engagement, and strategic event partnerships position Adios for continued growth across new markets
JACKSON, WY / ACCESS Newswire / June 8, 2026 / Kultura Brands, Inc. (OTC:LTNC) ($LTNC), a consumer brands company focused on building scalable lifestyle and beverage brands, today announced that its flagship ready-to-drink cocktail brand, Adios®, sold more than 10,000 units during High Tide Festival, held June 5 and 6 at Riverfront Park in North Charleston, South Carolina.
Featuring performances from The Chainsmokers, Louis The Child, Bob Moses, Elderbrook, BUNT., Austin Millz, and other nationally recognized artists, High Tide Festival provided Adios with a powerful platform to engage consumers, drive product trial, and strengthen retail demand in one of the Company's newest growth markets.
The activation represents one of the largest and most successful single-event consumer engagements in Adios history and serves as another validation point for the Company's strategy of combining experiential marketing, retail expansion, distributor execution, and digital engagement to build long-term brand value.
Throughout the weekend, Adios generated strong consumer participation both on-site and online. Thousands of festival attendees experienced the brand firsthand while social media engagement surged across the Company's platforms, creating meaningful visibility and extending the reach of the activation well beyond the festival grounds.
"This was a tremendous weekend for the Adios brand and a strong example of our growth strategy in action," said Brad Wyatt, Chief Executive Officer of Kultura Brands. "Selling more than 10,000 units is a significant accomplishment, but what excites us most is the consumer response behind those sales. We are seeing consumers discover the brand, engage with the brand, share the brand, and then actively seek it out at retail. That is exactly the type of momentum we are working to create as we continue expanding across the country."
Adios is currently available in a growing number of retail locations throughout South Carolina, with additional placements expected as the Company continues working alongside its distribution partners to expand market penetration. Consumers can visit www.adiosspirits.com for product information and upcoming store locator updates.
"We are seeing the flywheel effect begin to take hold," said Brent Albin, Chief Operating Officer of Kultura Brands. "Consumers are trying Adios at events, sharing their experience across social media, and then looking for the product at retail. That creates awareness, retailer confidence, and distributor enthusiasm all at the same time. High Tide exceeded our expectations and reinforces our belief that strategic festival activations can play a major role in building a national brand."
High Tide also marked Kultura Brands' first event partnership with Culnane Creative, a leading experiential marketing and event activation agency known for connecting brands with some of the nation's most recognizable music festivals and live entertainment properties.
"We were extremely pleased with our first event alongside Culnane Creative," added Albin. "Their team understands how to create authentic consumer engagement at scale, and we look forward to exploring additional opportunities together as we continue building the Adios brand across new markets and major consumer events."
The Company also recognized the contributions of strategic manufacturing and operations partner CKS, whose production, logistics, and operational support continue to help fuel Adios' expanding distribution footprint and growing consumer demand.
Following the success of High Tide Festival, Adios will continue its summer activation schedule at Party In The Park in Albuquerque, New Mexico on June 20, 2026. The event is expected to feature performances from Lil Jon, Pretty Ricky, Soulja Boy, Chamillionaire, and other nationally recognized artists.
Kultura Brands expects to announce additional music festivals, consumer activations, retail expansion initiatives, and market development programs in the coming weeks as Adios continues executing its growth strategy across key markets throughout the United States.
About Kultura Brands, Inc.
Kultura Brands, Inc. (OTC:LTNC) ($LTNC) is a consumer brands company focused on developing, acquiring, and scaling innovative beverage and lifestyle brands through strategic distribution, experiential marketing, retail partnerships, and direct consumer engagement.
About Adios®
Adios® is a premium ready-to-drink cocktail brand built for today's active consumer. Through strategic retail expansion, experiential marketing, cultural partnerships, and live-event activations, Adios continues to build awareness and consumer demand across key growth markets throughout the United States.
For more information, visit www.adiosspirits.com.
Investor Relations
ir@kulturabrands.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future growth, retail expansion, festival activations, consumer demand, distribution opportunities, social media engagement, strategic partnerships, market expansion, future announcements, and business performance. These statements are based on current expectations and assumptions and involve risks and uncertainties that may cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements. Kultura Brands undertakes no obligation to update any forward-looking statements except as required by law.
SOURCE: Kultura Brands, Inc.
View the original press release on ACCESS Newswire
Copyright 2026 ACCESS Newswire. All Rights Reserved.
Chartmaster
1週前
LTNC Retires Over $1.2 Million in Convertible Debt, Eliminates Future Toxic Dilution, and Advances Balance Sheet Restructuring
Company Terminates Convertible Lending Relationship and Continues Strategic Efforts to Strengthen Financial Position
JACKSON, WY / ACCESS Newswire / June 4, 2026 / LTNC today announced a significant milestone in its ongoing balance sheet restructuring initiative, retiring more than $1.2 million in convertible debt, eliminating future toxic dilution associated with the obligation, and terminating its relationship with the convertible lender.
Management believes the transaction represents an important step in strengthening the Company's capital structure and reflects its commitment to reducing legacy liabilities, improving financial flexibility, enhancing credit relationships, and creating long-term shareholder value.
The retirement of the convertible debt removes a potential source of future dilution and is part of a broader restructuring strategy designed to improve LTNC's overall financial health. The Company is currently engaged in discussions with lenders, former management, and insider note holders regarding additional restructuring initiatives intended to improve cash flow, align obligations with operating performance, and further strengthen the balance sheet.
The Company continues to focus on improving liquidity, strengthening creditor relationships, reducing legacy obligations, and building a more sustainable financial foundation to support future growth initiatives.
Scott Darnell, Chairman of LTNC, stated:
"Retiring more than $1.2 million in convertible debt and eliminating future toxic dilution is a meaningful step for the Company and its shareholders. We remain focused on strengthening the balance sheet, improving financial flexibility, and creating a capital structure that supports long-term growth.
While there is additional work ahead, we believe progress is being made. Our focus remains on executing the business plan, improving the Company's financial position, and creating long-term value for shareholders."
The Company expects to continue providing updates regarding debt reduction efforts, restructuring initiatives, operational developments, strategic partnerships, and growth opportunities as additional milestones are achieved.
About LTNC / Kultura Brands
LTNC, through its Kultura Brands platform, is focused on building, acquiring, developing, and scaling consumer brands across high-growth categories. The Company's strategy combines operational execution, disciplined financial management, strategic distribution, and long-term value creation for shareholders.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding debt reduction initiatives, restructuring efforts, negotiations with creditors and lenders, capital structure improvements, liquidity enhancements, financial flexibility, future growth opportunities, strategic initiatives, shareholder value creation, and future business performance. Forward-looking statements are based on current expectations, estimates, forecasts, and assumptions that involve risks and uncertainties. Actual results may differ materially from those expressed or implied by such statements due to a variety of factors, including but not limited to the Company's ability to successfully execute restructuring initiatives, negotiate favorable terms with creditors and lenders, maintain sufficient liquidity, execute strategic plans, achieve anticipated growth, and other risks disclosed in the Company's public filings. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.
Investor Relations
Kultura Brands
IR@kulturabrands.com
kulturabrands.com
$LTNC
SOURCE: Kultura Brands, Inc.
View the original press release on ACCESS Newswire
https://app.accessnewswire.com/img.ashx?id=1173479
© Copyright 2026 ACCESS Newswire. All Rights Reserved.
vdt
1週前
Well said. Scott Darnell, Chairman, Kultura Brands, Inc:
- Since February, leadership changed.
- The work has been relentless.
- Focus: move this Company forward.
- Company launched products into the marketplace, opened Georgia, Massachusetts, South Carolina, and New Mexico, and is actively working on Florida and Michigan.
- Strong relationships with RNDC, Reyes Beverage Group, MS Walker, Martignetti Companies, and other key distribution partners.
- Products in front of thousands of consumers through major events, tastings, activations, and retail opportunities.
- LTNC continued to evaluate acquisition opportunities, pursue international relationships, strengthen strategic discussions
- Most important: products are moving.
we have products on shelves. Consumers are buying them. Distributors are ordering them. Retailers are reordering them.
- Operating in progress, with reorders and supply commitments
- There are distributor activity, truckloads of inventory, and commitments: approximately 80,000 cases. There are products, demand and execution. The beverage business: market,distributor, retailer, consume. One at a time. That is the work being done.
- Shareholders have every right to ask questions, expect progress, accountability and communication. Many shareholders have been here through difficult years, broken expectations, delays, dilution, restructuring, and frustration. I understand that. I respect that.
- Frustration is understandable. Destruction is not a strategy.
As Chairman, I will always support honest questions, constructive criticism, and reasonable accountability.
- New leadership began moving faster. Honest. This Company still has work to do. Work on the problem, to strengthen the Company's capital structure over time and position Kultura Brands for a more durable future.
-I acknowledge the shareholders who have stayed the course.
- My commitment as Chairman is straightforward: we will keep building, keep improving, keep executing, and keep moving forward.
Thank you for your continued support.
Scott Darnell
Chairman
Kultura Brands, Inc.
Chartmaster
2週前
Kultura Brands Chairman Addresses Shareholders, Emphasizes Execution, Market Expansion, and Long-Term Discipline
LAKEWOOD, CO / ACCESS Newswire / June 1, 2026 / Kultura Brands, Inc. (OTCID:LTNC) ("Kultura Brands," "Kultura," or the "Company"), formerly known as Labor Smart INC., shares a letter from the Chairman of the Board, LTNC.
Fellow Shareholders,
I have spent a fair amount of time considering whether this letter needed to be written. After weighing it carefully, I believe it does.
Not because every shareholder will agree with every word. Not because it will satisfy every critic. And certainly not because I believe noise, speculation, or negative banter should dictate how this Company communicates.
I am writing because shareholders deserve to hear directly from leadership, and because there comes a point when leadership must speak clearly about where we are, what we are building, and what kind of shareholder culture helps move a company forward.
At the beginning of February, there was a significant shift in leadership responsibilities within Kultura Brands. Since that time, the work has been relentless. I have spent most of my time on airplanes, in distributor meetings, at retail accounts, at festivals, in conversations with acquisition targets, and in meetings with attorneys, accountants, consultants, public market professionals, strategic partners, and operators. The focus has been simple: move this Company forward.
It has been less than four months.
That is worth repeating.
In less than four months, this Company has launched products into the marketplace, opened Georgia, Massachusetts, South Carolina, and New Mexico, and is actively working on Florida and Michigan. We have built strong relationships with RNDC, Reyes Beverage Group, MS Walker, Martignetti Companies, and other key distribution partners. We have put products in front of thousands of consumers through major events, tastings, activations, and retail opportunities. We have continued to evaluate acquisition opportunities, pursue international relationships, and strengthen strategic discussions that could become important to the Company's future.
Most importantly, the product is moving.
For years, shareholders heard about opportunities, concepts, brands, and plans. Today, we have products on shelves. Consumers are buying them. Distributors are ordering them. Retailers are reordering them. That is not theoretical progress. That is operating progress.
When we talk about reorders and supply commitments, we are not talking about a few convenience stores buying a handful of extra cases. We are talking about distributor activity, truckloads of inventory, and commitments designed to support market growth. Recently, we placed supply commitments representing approximately 80,000 cases. That is not social media chatter. That is product. That is demand. That is execution.
The beverage business is not built in a chat room, on a message board, or through daily speculation about what someone thinks should have happened yesterday. It is built one market at a time, one distributor at a time, one retailer at a time, and one consumer at a time.
That is the work being done.
I also want to address the tone that sometimes surrounds this Company and its shareholder base. Let me be clear: shareholders have every right to ask questions. Shareholders have every right to expect progress, accountability, and communication. Many shareholders have been here through difficult years, broken expectations, delays, dilution, restructuring, and frustration. I understand that. I respect that.
But there is a difference between holding a company accountable and constantly tearing it down.
The right kind of shareholder asks serious questions, stays informed, understands that businesses are built through execution rather than emotion, and recognizes that public negativity can have real consequences. Distributors, partners, investors, lenders, acquisition targets, customers, and industry professionals pay attention. When the loudest voices around a company are reckless, uninformed, or destructive, it does not help anyone's investment. It does not help the Company negotiate. It does not help the brands grow. It does not help attract capital, partners, or credibility.
Frustration is understandable. Destruction is not a strategy.
As Chairman, I will always support honest questions, constructive criticism, and reasonable accountability. I will not pretend that every decision has been perfect, every challenge has been solved, or every legacy issue has disappeared because new leadership began moving faster. That would not be honest. This Company still has work to do.
The share structure remains a serious issue. I know it. The Board knows it. Management knows it. No one in leadership looks at the current capital structure and believes the job is finished. The Company has legacy obligations, settlements, financings, and commitments that accumulated over many years. We cannot erase the past with a press release, and we cannot responsibly repair a capital structure with slogans.
What we can do is work on the problem.
That work is happening now. Not someday. Not next year. Now. We are actively working with attorneys, consultants, public market professionals, and advisors on alternatives designed to strengthen the Company's capital structure over time and position Kultura Brands for a more durable future.
I also want to acknowledge the shareholders who have stayed the course. This Company has been through more than most. Some of you have every reason to be frustrated, and yet you continue to support the Company because you believe there is something real here worth building. That matters to me. It matters to the Board. It matters to the people doing the work every day.
But belief must be matched by discipline.
We are still early. There will be setbacks. There will be delays. There will be problems that take longer to solve than any of us would like. That is not unique to Kultura. That is business. The question is whether the Company is moving in the right direction, whether real products are entering real markets, whether distributor relationships are being built, whether consumer demand is being created, and whether leadership is doing the hard work required to give this Company a chance.
From where I sit, the answer is yes.
This is not a victory lap. It is not a promise that every obstacle is behind us. It is a statement of direction, accountability, and intent.
My commitment as Chairman is straightforward: we will keep building, keep improving, keep executing, and keep moving forward. We will focus on the work, not the noise. We will continue pushing the Company toward greater discipline, stronger operations, better market execution, and a healthier future. To the shareholders who want to be part of that kind of future, your support is appreciated. Your patience is respected. Your constructive questions are welcome. But this Company will not be led by fear, rumor, or negativity. It will be led by execution.
Thank you for your continued support.
Scott Darnell
Chairman
Kultura Brands, Inc.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations, estimates, projections, and assumptions that involve risks and uncertainties. These statements may include, but are not limited to, statements regarding future market launches, retail expansion, consumer demand, distribution growth, production capabilities, operational scalability, projected performance, and future business development initiatives.
Actual results may differ materially from those expressed or implied in forward-looking statements due to a variety of factors, including, but not limited to, market conditions, availability of financing, supply chain constraints, regulatory developments, competitive pressures, consumer purchasing behavior, distributor execution, and general economic conditions. Kultura Brands undertakes no obligation to revise or update any forward-looking statements except as required by applicable law.
For additional information, visit:
www.kulturabrands.com
www.adiosspirits.com
Investor Relations:
ir@kulturabrands.com
SOURCE: Kultura Brands, Inc.
View the original press release on ACCESS Newswire
https://app.accessnewswire.com/img.ashx?id=1172099
© Copyright 2026 ACCESS Newswire. All Rights Reserved.
Chartmaster
3週前
Kultura Brands and CKS Accelerate National Expansion of Adios Following Multi State Retail Growth, Major Festival Activations and Immediate Re Orders
LAKEWOOD, CO / ACCESS Newswire / May 26, 2026 / Kultura Brands, Inc. (OTCID:LTNC), formerly Labor Smart Inc., together with strategic manufacturing and operational partner CKS, today announced accelerating national expansion and retail momentum for Adios, the Company's tequila-based RTD brand, following successful launches across Georgia, South Carolina, and New Mexico.
The Company confirmed that Georgia has already generated its third retail re-order since launching during the second week of March, while South Carolina secured its first re-order within days of entering the market.
In New Mexico, Adios opened 76 retail doors during its first week and quickly generated immediate follow-on demand while also participating in one of the Southwest's largest music and lifestyle festivals, Boots In The Park at Balloon Fiesta Park in Albuquerque. Based on onsite feedback at Boots in the Park, and preliminary sales comparisons, Adios outperformed multiple nationally recognized beer brands at the event, including Busch Light, Busch Apple, and Kona, while finishing within approximately 600 units of Estrella Jalisco despite Estrella having years of national market penetration, broad consumer awareness, major advertising support, and deep distribution infrastructure already established throughout the region. Important to share, side-by-side sales comparisons with the fact that Adios was the only 12-ounce ready-to-drink at the event, the others were offered in 16 to 32-ounce cans.
Kultura Brands also confirmed its upcoming participation in Activated Events' "Party In The Park" concert series scheduled for June 20, 2026, featuring Lil Jon, Pretty Ricky, Soulja Boy, Chamillionaire, and additional nationally recognized artists as the Company continues expanding its experiential marketing strategy nationwide.
The Company's South Carolina launch also represents its first active market rollout alongside Reyes Beverage Group aligned distribution operations, while Massachusetts is expected to launch through MS Walker. Georgia and New Mexico continue to expand through RNDC-aligned distribution networks as Kultura Brands advances discussions regarding additional state openings and expanded distribution opportunities with current and prospective partners nationwide.
Retail expansion efforts have included wrapped Adios trucks throughout active markets, large-scale tasting campaigns, retail ride-alongs, grassroots activations, and direct collaboration with distributor sales teams across multiple territories.
"Our teams and partners have done an outstanding job building momentum market by market," said Scott Darnell, Chairman of the Board of Kultura Brands. "The response from retailers, distributors, festival operators, and consumers has been extremely encouraging. We are seeing repeat orders, growing visibility, and strong early sell-through as awareness around the Adios brand continues to expand."
Brent Albin, Chief Operating Officer of Kultura Brands, added:
"We are seeing strong traction in the field across multiple regions. The combination of retail execution, festival activations, sampling programs, and distributor relationships is helping accelerate consumer awareness quickly. CKS has been an important operational partner as we continue scaling production capabilities and preparing for additional market launches."
Kultura Brands stated that states five and six are expected to launch in the near future as the Company continues building distribution infrastructure and expanding retail placement throughout key markets across the United States.
Updated store locator information and expanded retail store lists are expected to be released in the coming days as additional retail accounts continue coming online nationwide.
About Kultura Brands
Kultura Brands, Inc. (OTCID:LTNC) is a multi brand consumer products company focused on developing and scaling culture driven beverage, lifestyle, and experiential brands across domestic and international markets. The Company's portfolio includes Adios and additional emerging consumer brands positioned for rapid market expansion.
About CKS
CKS is a strategic operational and manufacturing partner supporting production, logistics, and scalable infrastructure solutions for emerging beverage and consumer product brands across multiple categories.
Safe Harbor Statement
This press release contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements are based on current expectations, estimates, projections, and assumptions that involve risks and uncertainties. These statements may include, but are not limited to, statements regarding future market launches, retail expansion, consumer demand, distribution growth, production capabilities, operational scalability, projected performance, and future business development initiatives.
Actual results may differ materially from those expressed or implied in forward looking statements due to a variety of factors including, but not limited to, market conditions, financing availability, supply chain constraints, regulatory developments, competitive pressures, consumer purchasing behavior, distributor execution, and general economic conditions. Kultura Brands undertakes no obligation to revise or update any forward looking statements except as required by applicable law.
For additional information visit:
www.kulturabrands.com
www.adiosspirits.com
Investor Relations:
ir@kulturabrands.com
SOURCE: Labor Smart, Inc.
View the original press release on ACCESS Newswire
https://app.accessnewswire.com/img.ashx?id=1170544
© Copyright 2026 ACCESS Newswire. All Rights Reserved.
Chartmaster
3週前
Kultura Brands (OTC:LTNC) Announces Breakout Adios Launch at Boots in the Park Albuquerque with RNDC, Activated Events and CKS
ACCESS NEWSWIRE 6:50 AM ET 5/22/2026
Symbol Last Price Change
LTNC 0.0002up 0 (0%)
QUOTES AS OF 12:00:00 AM ET 05/21/2026
LAKEWOOD, CO / ACCESS Newswire / May 22, 2026 / Kultura Brands, Inc. (OTCID:LTNC) ("Kultura Brands" or the "Company"), formerly Labor Smart Inc.(LTNC), a consumer brands platform focused on the development, marketing and expansion of emerging beverage and lifestyle brands, today announced the successful New Mexico market launch of Adios, its flagship ready-to-drink tequila cocktail brand, during Boots in the Park at Balloon Fiesta Park in Albuquerque, New Mexico.
The two-day Boots in the Park festival brought together one of the strongest country and crossover music lineups in the region, including Post Malone, Jelly Roll, Carín León, Jessie Murph, Koe Wetzel, Cody Jinks, Max McNown, Tyler Hubbard, Clay Walker, Mitchell Tenpenny, Chase Matthew, and additional artists across multiple stages.
The Adios activation was executed in collaboration with Republic National Distributing Company (RNDC), Activated Events, and Kultura Brands' strategic operating partner, CKS. The event provided Adios with a high-profile launch platform surrounded by major national sponsors, automotive brands, beverage companies, lifestyle activations, and tens of thousands of highly engaged festival attendees.
During the festival, approximately 7,500 Adios units were sold and distributed throughout the venue across multiple points of sale and branded consumer activation areas. Even though Adios was the only RTD selling at a premium price in a 12-ounce can (most others were served in larger ounce cans at similiar price), the Company believes Adios was one of the strongest-performing ready-to-drink cocktail brands at the event, generating repeat purchases, high consumer engagement, and immediate interest from distributors, retailers, casino operators, hospitality groups, and on-premise accounts throughout the region.
"This was a defining weekend for Adios," said Scott Darnell, Chairman of the Board of Kultura Brands. "To launch in New Mexico at an event of this size, surrounded by major national brands and some of the biggest artists in music, was a powerful validation of where this brand is headed. The consumer response was outstanding. We saw strong repeat purchases, high visibility across the venue, and meaningful conversations that extended well beyond the festival itself. RNDC, Activated Events, and CKS all played important roles in helping us execute at a very high level."
Brent Albin, Chief Operating Officer of Kultura Brands, added, "Boots in the Park was exactly the type of market launch we want for Adios. This was not a small sampling event. This was a full-scale consumer activation in front of tens of thousands of people in a premium live entertainment environment. The brand showed up extremely well, the product moved, and the feedback from consumers, event operators, distributors, and retail contacts was very strong. We believe this activation will help accelerate our retail and on-premise growth in New Mexico and create a blueprint for future launches in additional markets."
Kultura Brands also noted the importance of CKS in supporting the operational execution and continued scaling of the Adios platform. As Adios expands into additional markets, the Company believes strong operating partnerships will remain critical to production coordination, logistics, market support, and launch execution.
The Company further stated that the momentum generated during Boots in the Park has already contributed to new retail and distribution discussions in the region. Adios recently launched with RNDC in New Mexico and continues to build momentum as Kultura Brands advances its broader national rollout strategy.
Kultura Brands believes live events, music festivals, sports activations, and entertainment-based marketing will remain a core part of the Adios growth strategy. The Company intends to continue leveraging strategic partnerships and high-impact consumer events to drive trial, brand awareness, and retail adoption.
About Adios
Adios is a premium ready-to-drink tequila cocktail brand created for modern consumers who want quality, convenience, and bold flavor in a high-energy social format. Built around music, sports, entertainment, and lifestyle culture, Adios is positioned to compete in the fast-growing premium RTD category.
Website: adiosspirits.com
About Kultura Brands, Inc.
Kultura Brands, Inc. (OTCID:LTNC) is a consumer brands company focused on acquiring, developing, marketing, and expanding emerging beverage and lifestyle brands. The Company is building a diversified platform designed to capitalize on changing consumer trends across high-growth beverage and lifestyle categories.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding future market expansion, anticipated retail opportunities, expected distribution growth, future activations, consumer demand, strategic partnerships, operational scaling, and overall business strategy. These statements are based on current expectations, estimates, projections, and assumptions that involve risks and uncertainties that could cause actual results to differ materially from those expressed herein. Factors that could cause actual results to differ include, but are not limited to, market conditions, financing availability, regulatory developments, supply chain disruptions, distributor performance, production constraints, competitive pressures, consumer acceptance, and general economic conditions. Readers are cautioned not to place undue reliance on forward-looking statements. Kultura Brands undertakes no obligation to publicly update or revise forward-looking statements except as required by applicable law.
Investor Relations
Kultura Brands, Inc.
OTCID: LTNC
Jackson, Wyoming
Email: ir@kulturabrands.com
Brand Website: adiosspirits.com
www.kulturabrands.com
SOURCE: Kultura Brands, Inc.
View the original press release on ACCESS Newswire
Copyright 2026 ACCESS Newswire. All Rights Reserved.
Chartmaster
4週前
Letter to the Shareholders
LAKEWOOD, CO / ACCESS Newswire / May 15, 2026 / Kultura Brands, Inc. (OTCID:LTNC) ("Kultura Brands," "Kultura," or the "Company"), formerly known as Labor Smart INC., a publicly traded consumer products and lifestyle platform focused on scaling culture-driven beverage brands.
Dear Shareholders,
The first quarter of 2026 represented an important and encouraging step forward for LTNC, doing business as Kultura Brands. While we are still in the early stages of building the company we believe LTNC can become, Q1 showed tangible progress across several of the most important areas of the business, including brand launches, distribution expansion, market activation, operational focus, capital structure improvement, and the continued development of Adios, Thirst Responder, and LOCK'DIN as key pillars of our 2026 growth strategy. Compared to Q4 2025, Q1 2026 reflected a company moving from initial launch activity into the much larger and more complex phase of execution. Q4 helped establish the foundation for our current brand platform, while Q1 began to demonstrate how much opportunity exists if we continue to execute with discipline, focus, and sufficient resources. We are not where we intend to be yet, but the direction of the business is clear, and the pieces are beginning to come together.
I also want shareholders to know that I am focused in a very serious way on share valuation, shareholder value, and the company's capital structure. Building brands is only one part of the job. Cleaning up the balance sheet, addressing historical debts, managing dilution, improving the quality of our capital, and creating a structure that can support long-term value are equally important. I understand the frustration shareholders feel when the market does not reflect the opportunity we believe exists inside the company. That is not something I take lightly. The debts and obligations of the past have had to be dealt with properly, carefully, and in a way that protects the company's ability to keep moving forward. There is no shortcut to that work. At the same time, we are trying to build several monster brand opportunities, and the bigger the opportunity, the larger the front-end cost. Product development, packaging, inventory, compliance, distribution, retail support, venue activations, marketing, brand refreshes, and working capital all require real investment before the full benefit can be seen. That tension is real, but so is the opportunity. I want to be clear: I will not rest until the capital structure is cleaned up and positioned in a way that gives LTNC the best possible chance to create lasting shareholder value. The next several quarters are important because they give us the time and ability to continue addressing these issues while also proving out the business model through actual brand execution. My goal is not simply to launch products. My goal is to build a company that the market can understand, trust, and properly value. There are examples in the beverage space of companies that endured long periods of market doubt while they were still proving distribution, brand identity, and consumer demand, only to see perception change quickly once execution became undeniable. Celsius is one example. The company went through difficult years, including the loss of major retail support and a Nasdaq delisting period, before rebuilding through channel focus, retail traction, and eventually a major PepsiCo distribution partnership that helped transform its market position. We are not Celsius, and we are not suggesting the same outcome, but the lesson is important: in consumer brands, perception can remain behind reality for a long time and then shift rapidly when distribution, demand, capital, and execution begin to align.
One of the most exciting developments has been the response to the Adios launch. The kickoff in Atlanta went much better than expected, creating momentum that has already begun opening doors in additional states. That early success is encouraging, but it also brings with it a significant operational and financial task. Expanding a beverage and spirits brand across multiple states requires inventory, compliance, distributor support, marketing, logistics, people, and capital. We are now in the middle of that process, and while it is demanding, it is also exactly the kind of challenge that comes with a brand showing real traction. Adios remains one of the company's most visible and exciting opportunities. The brand has the potential to stand apart in the ready-to-drink category because it is not simply another beverage product. It is built around culture, lifestyle, live experiences, and consumer connection. Our goal is to make Adios a brand people remember, seek out, and associate with moments they enjoy. That takes time, money, patience, and execution, but the early indicators are encouraging. We are also excited about Thirst Responder and the broader hydration platform we are building. Hydration, functional beverages, wellness, and convenience remain strong consumer categories, and we believe Thirst Responder gives us another brand with the ability to connect with customers in a practical and repeatable way. As with Adios, the opportunity is real, but so is the work required to build the brand properly. LOCK'DIN is also going through a long-overdue facelift. That process is important, but it is not free. Updating a brand properly requires investment in formulation review, packaging, positioning, creative, messaging, sales materials, inventory planning, and market relaunch strategy. We believe the work being done now can give LOCK'DIN a stronger identity and a better chance to compete in the functional beverage space, but shareholders should understand that this kind of rebuild carries real front-end cost before the benefits are fully visible.
Looking ahead, 2026 is shaping up to be a very important year for the company. Tonight, the concert venue opportunity begins in New Mexico with Boots in the Park, kicking off the Adios sponsorship activations for the 2026 concert venue season. This is the type of real-world brand exposure we believe can help separate Adios from ordinary product launches. Concert venues, live events, sponsorships, and consumer-facing activations give us the chance to put the brand directly in front of consumers in environments where memories are being made. We believe this approach matters. Great brands are not built only on shelves or websites. They are built through experiences, repetition, awareness, and trust. The concert venue strategy gives Adios the opportunity to become part of the consumer experience, and that is a powerful place for a new brand to begin building loyalty.
At the same time, we want to be direct with shareholders. There are still many things we need to improve. We need to continue strengthening our financial reporting, improving operating systems, managing production timing, supporting distributors, raising and deploying capital responsibly, cleaning up historical obligations, and building the internal structure required to support multiple growing brands. We are optimistic, but we are not blind to the work ahead. The encouraging part is that we can point to tangible things that are working. Adios has launched. Atlanta exceeded expectations. Additional states are beginning to open. Thirst Responder is moving forward. LOCK'DIN is being refreshed. The 2026 concert activation strategy begins tonight in New Mexico. Distribution conversations are active. The company's focus is sharper. The opportunity in front of us is becoming clearer. Q1 was not the finish line. It was another step in the buildout of a company that we believe has a much brighter future ahead. We are working through the difficult part now: turning ideas, partnerships, products, early traction, and capital structure improvements into a scalable operating business. That process takes time, capital, and discipline, but we believe the progress made during Q1 gives us reason to be optimistic about the balance of 2026. Thank you for your continued patience, support, and belief in LTNC. I understand that shareholders want results, and so do I. My commitment is to keep executing, keep improving, keep addressing the capital structure, and keep turning the opportunities in front of us into lasting value.
Sincerely, Brad Wyatt
About Kultura Brands, Inc.
Kultura Brands, Inc. (OTCID:LTNC) is a publicly traded consumer products and lifestyle company focused on developing and scaling innovative beverage, wellness, and culture-driven brands. The Company's portfolio includes Adios Ready-To-Drink tequila cocktails, Thirst Responder hydrogen water, Lock'd In performance beverages, and additional emerging consumer brands positioned for national expansion across retail, hospitality, and experiential channels.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the Company's expected future performance, market expansion, product rollout, distribution growth, retail placement, consumer demand, marketing initiatives, and overall business strategy. Forward-looking statements are based on current expectations, estimates, projections, and assumptions that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Words such as "expects," "anticipates," "plans," "intends," "believes," "will," "may," "should," "projects," "continues," and similar expressions are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its growth strategy; expand and maintain distribution relationships; achieve anticipated sales velocity and consumer adoption; manage supply chain and production requirements; secure sufficient working capital; comply with regulatory requirements; respond to competitive market conditions; and other risks described in the Company's filings and disclosures available through the OTC Markets Group. Trading in the Company's securities may be volatile and subject to market conditions beyond the Company's control. References to trading activity should not be interpreted as indicative of future stock price performance or liquidity. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Kultura Brands, Inc.
225 Union Blvd. STE 350 Lakewood CO. 80228
Email: ir@kulturabrands.com
SOURCE: Kultura Brands, Inc.
View the original press release on ACCESS Newswire
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© Copyright 2026 ACCESS Newswire. All Rights Reserved.
Chartmaster
1月前
Kultura Brands Brings Adios to Center Stage at Boots in the Park Festival as New Mexico Market Launch Accelerates
ACCESS NEWSWIRE 8:15 AM ET 5/12/2026
Symbol Last Price Change
LTNC 0.0002up +0.0001 (+100%)
QUOTES AS OF 10:10:14 AM ET 05/12/2026
Company Expects More Than 70,000 to 80,000 Attendees Across Two-Day Music Festival Featuring Post Malone, Jelly Roll, Koe Wetzel, Cody Jinks, Jessie Murph and More
LAKEWOOD, CO / ACCESS Newswire / May 12, 2026 / Kultura Brands, Inc. (OTCID:LTNC) ("Kultura Brands," "Kultura," or the "Company"), formerly known as Labor Smart INC.(LTNC), a publicly traded consumer products and lifestyle platform focused on scaling culture-driven beverage brands, today announced a major experiential marketing activation for its flagship Adios Ready-To-Drink tequila cocktail brand at the upcoming Boots in the Park music festival taking place May 15 and 16 at Balloon Fiesta Park in Albuquerque, New Mexico.
The two-day festival is expected to attract approximately 70,000 to 80,000 attendees and features a headline lineup including Post Malone, Jelly Roll, Koe Wetzel, Cody Jinks, Jessie Murph, Treaty Oak Revival, Ian Munsick, and additional nationally recognized artists. The event has quickly become one of the premier live country and crossover music festivals in the United States, drawing a highly engaged audience that aligns directly with the Adios consumer demographic.
Kultura Brands will host a high-profile Adios activation positioned adjacent to the main stage area, creating one of the festival's most visible branded experiences. The activation is designed to immerse consumers directly into the Adios lifestyle through premium branding, influencer engagement, social media integration, merchandise giveaways, VIP interaction opportunities, and direct-to-consumer brand experiences throughout the weekend.
Festival attendees are encouraged to stop by the Adios booth throughout the event for complimentary branded merchandise, giveaways, social activations, and an introduction to one of the fastest-growing emerging ready-to-drink cocktail brands in the market.
Additional information on the brand can be found at www.adiosspirits.com.
"We are excited to officially open the New Mexico market in a big way," said Brad Wyatt, Chief Executive Officer of Kultura Brands. "We have our launch meetings scheduled later this week, immediately followed by Boots in the Park, and consumers will then begin finding Adios on shelves across the market shortly after. This is exactly the type of rollout we envisioned for the brand, combining distribution execution with real consumer engagement and cultural activation. We are looking forward to an incredible weekend and connecting directly with thousands of consumers."
Wyatt continued, "The momentum around Adios continues to accelerate nationally. Every market we enter is creating stronger awareness, stronger engagement, and stronger demand. We believe New Mexico has the potential to become an outstanding market for the brand."
Brent Albin, Chief Operating Officer of Kultura Brands, added:
"This is where modern beverage brands are built. You have to be in front of the consumer, in the middle of the energy, and directly connected to the culture. Boots in the Park gives us the opportunity to introduce Adios to tens of thousands of consumers in an authentic environment that perfectly fits our brand identity. Our team is going all-in on creating an unforgettable experience throughout the weekend."
Albin continued, "From the branding to the activations to the product visibility around the festival, this is a major statement for Adios as we continue expanding nationally. We are just getting started."
The Company views Boots in the Park as part of a broader national experiential marketing strategy designed to amplify consumer awareness and support continued retail expansion initiatives across multiple key markets.
Kultura Brands continues to aggressively invest in grassroots consumer engagement, strategic distribution relationships, influencer integration, and experiential activations as part of its long-term growth strategy for Adios and its expanding portfolio of consumer brands.
About Kultura Brands, Inc.
Kultura Brands, Inc. (OTCID: LTNC) is a publicly traded consumer products and lifestyle company focused on developing and scaling innovative beverage, wellness, and culture-driven brands. The Company's portfolio includes Adios Ready-To-Drink tequila cocktails, Thirst Responder hydrogen water, Lock'd In performance beverages, and additional emerging consumer brands positioned for national expansion across retail, hospitality, and experiential channels.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the Company's expected future performance, market expansion, product rollout, distribution growth, retail placement, consumer demand, marketing initiatives, and overall business strategy.
Forward-looking statements are based on current expectations, estimates, projections, and assumptions that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Words such as "expects," "anticipates," "plans," "intends," "believes," "will," "may," "should," "projects," "continues," and similar expressions are intended to identify such forward-looking statements.
These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its growth strategy; expand and maintain distribution relationships; achieve anticipated sales velocity and consumer adoption; manage supply chain and production requirements; secure sufficient working capital; comply with regulatory requirements; respond to competitive market conditions; and other risks described in the Company's filings and disclosures available through the OTC Markets Group.
Trading in the Company's securities may be volatile and subject to market conditions beyond the Company's control. References to trading activity should not be interpreted as indicative of future stock price performance or liquidity.
The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Investor Relations Contact:
Kultura Brands, Inc.
225 Union Blvd. STE 350 Lakewood CO. 80228
Email: ir@kulturabrands.com
SOURCE: Kultura Brands, Inc.
View the original press release on ACCESS Newswire
Chartmaster
2月前
Kultura Brands, Inc. (OTCID:LTNC) Reports Strong Early Sell-Through in Georgia and Expands into Northeast with Massachusetts Launch
ACCESS NEWSWIRE 9:00 AM ET 4/7/2026
Symbol Last Price Change
LTNC 0.0003up 0 (0%)
QUOTES AS OF 11:37:35 AM ET 04/07/2026
LAKEWOOD, CO / ACCESS Newswire / April 7, 2026 / Kultura Brands, Inc. (OTCID:LTNC) ("Kultura Brands," "Kultura," or the "Company")formerly Labor Smart Inc.(LTNC), a publicly traded consumer platform focused on scaling high-growth beverage and lifestyle brands, today provided an operational update highlighting continued commercial momentum for Adios Spirits and the Company's expansion into the Northeast.
Following its mid-March market entry, Adios Spirits generated 522 cases in sell-through across Georgia last week, with multiple retail accounts already reordering and an additional shipment dispatched to support continued demand in the Atlanta market.
The Company has also begun establishing an early on-premise presence in Georgia, with initial accounts now in place and additional activations, ride-alongs, and tastings scheduled over the next 30 days to further support consumer awareness and retail velocity.
Massachusetts Launch Underway with MS Walker
Kultura will officially launch Adios Spirits in Massachusetts on Friday, April 10, in partnership with MS Walker, marking the Company's first expansion into the Northeast region.
Product is already in-market and positioned for launch, with initial placements expected immediately as the Company begins building its retail and on-premise presence across the state.
Execution and Market Engagement
Kultura continues to focus on disciplined, market-by-market expansion, supported by distribution partners including Republic National Distributing Company (RNDC), Reyes Beverage Group, and MS Walker.
The Company's strategy remains centered on driving sell-through at the account level through coordinated marketing efforts, field execution, and targeted activations.
As operational milestones continue to materialize, LTNC has also experienced increased trading activity on the OTC Markets Group platform. Management views this as a reflection of growing awareness as the Company progresses its rollout and builds its operating foundation.
Management Commentary
Brad Wyatt, Chief Executive Officer, stated:
"We are extremely proud of the Republic (RNDC) team, the Kultura team, and every partner across our supply chain who made this launch possible. What we're seeing in Georgia is exactly what strong execution looks like when great teams align.
The most exciting signal for me is the 522 cases sold through in a single week. Our original benchmark to validate the Atlanta market was to meet or exceed a leading seltzer brand in the same market at approximately 800 cases per month within 60 days. To surpass that pace in less than a month is a clear indication that demand, velocity, and execution are all exceeding expectations.
This is more than just a strong start - it reinforces that we are building a scalable, repeatable model. As we expand into Massachusetts and beyond, I'm confident in our team's ability to continue executing at a high level and delivering meaningful growth across every market we enter."
Brent Albin, Chief Operating Officer, added:
"Georgia has given us a strong initial read on demand and velocity. As we launch in Massachusetts with MS Walker, we're focused on executing at a high level from day one and building that same repeatable model."
Michael Derrick, Chief Marketing Officer, commented:
"Our focus is on driving awareness where it matters most at the consumer and retail level. Local activations and field execution are key to building momentum and supporting sell-through as we expand into new markets."
Forward Outlook
Kultura expects to continue expanding into additional markets throughout the second quarter, supported by increased production, broader retail placement, and continued marketing activation.
The Company will provide further updates as additional markets come online and distribution continues to scale.
About Kultura Brands, Inc.
Kultura Brands, Inc. (OTCID:LTNC) is a publicly traded consumer products platform focused on building, scaling, and acquiring high-growth brands across beverage, functional wellness, and lifestyle categories. The Company's portfolio includes Adios Spirits, Thirst Responder, and LOCK'DIN.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the Company's expected future performance, market expansion, product rollout, distribution growth, retail placement, consumer demand, marketing initiatives, and overall business strategy.
Forward-looking statements are based on current expectations, estimates, projections, and assumptions that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Words such as "expects," "anticipates," "plans," "intends," "believes," "will," "may," "should," "projects," "continues," and similar expressions are intended to identify such forward-looking statements.
These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its growth strategy; expand and maintain distribution relationships; achieve anticipated sales velocity and consumer adoption; manage supply chain and production requirements; secure sufficient working capital; comply with regulatory requirements; respond to competitive market conditions; and other risks described in the Company's filings and disclosures available through the OTC Markets Group.
Trading in the Company's securities may be volatile and subject to market conditions beyond the Company's control. References to trading activity should not be interpreted as indicative of future stock price performance or liquidity.
The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Investor Relations Contact:
Kultura Brands, Inc.
225 Union Blvd. STE 350 Lakewood CO. 80228
Email: ir@kulturabrands.com
SOURCE: Kultura Brands, Inc.
View the original press release on ACCESS Newswire
Copyright 2026 ACCESS Newswire. All Rights Reserved.
vdt
2月前
- Significant Revenue Growth and Operational Milestones in 2025 CEO Letter
- In 2024, the company generated $470,230 in total revenue
In 2025, we generated $9,016,580 in revenue, representing more than 18 times year-over-year growth.
--we have crossed into a level of revenue that supports a real operating business
-- expanded distribution, increased product velocity, and the early stages of brand adoption across multiple markets.
-- We have moved from concept to execution.
-- growth is supported by improving fundamentals.
-- In 2025, those fundamentals improved materially.
--Net loss was reduced from ($1,303,503) in 2024 to ($76,089) in 2025,
an improvement of more than $1.2 million.
--Company delivered a profitable fourth quarter, generating $2,989,659 in revenue
and $260,498 in net income. This was a meaningful shift and reflects operating progress
as revenue scale began to exceed fixed costs.
--Gross profit improved to $1,629,626 in 2025
-- better pricing, improved cost control, and more efficient production.
--structural improvements that position the business for continued margin expansion.
-- a company that can sustain growth.
-- Expenses were brought in line with revenue, operational controls were strengthened
-- processes were put in place to support scale.
We recognize that dilution and the overall share structure have been areas of concern.
As the Company worked to fund growth, execute operational changes, and address
legacy obligations, the equity markets were utilized as a necessary source of capital.
While this supported the repositioning of the business, it also created pressure on the capital structure.
In the latter part of 2025, we began taking steps to improve the capital structure through share retirement efforts and a more disciplined approach to capital management.
This is an ongoing priority. As the business continues to scale and generate stronger operating results, our focus will increasingly shift toward addressing the supply side of the equity and creating a more balanced and sustainable structure over time.
2025 was about rebuilding, repositioning, and proving that this business can operate at a higher level. We are no longer operating as a single-product or single-channel company. Today, our platform includes Adios Spirits, Thirst Responder through our Cencora relationship, and Lock'din, giving us multiple paths to growth within the beverage and wellness categories.
As we move into 2026, we are entering the year with a multi-million-dollar revenue base, expanding distribution, and the new leadership team in place to support the next phase of growth, with only a few additional adjustments expected as we continue to scale. Our focus is straightforward: continue growing revenue, improve margins, and deliver consistent, repeatable performance.
Based on current momentum and expansion plans, the Company is targeting revenue in the range of $25 million to $35 million for fiscal year 2026. This outlook is driven by expansion into additional markets, increased retail presence, and continued focus on product velocity and repeat purchasing behavior.
We expect 2026 to be a year where revenue not only continues to grow, but begins to fully support operations and fuel expansion. As that happens, it will also allow us to place greater focus on improving the capital structure and addressing the supply side of shares in a meaningful way over time.
We are aware that there is a gap between operational progress and market perception. That gap is closed through execution, not words. Our objective is to continue delivering results that are visible, measurable, and repeatable.
This is not a finished story. It is a company that has gained momentum and is now entering the next phase of growth. We appreciate the shareholders who understand the process of building a company and who remain focused on performance and long-term value.
Sincerely,
Brad Wyatt
Chief Executive Officer
Investor Relations
Kultura Brands Inc.
225 Union Blvd. STE 350 Lakewood CO 80228
Email: ir@kulturabrands.com
SOURCE: Kultura Brands, Inc.