SponsorsOne Inc (OTCMKTS:SPONF) Stock Retreats In Profit Booking: What Next?
SponsorsOne Inc (OTCMKTS:SPONF) fell 17% on Friday but up 18% for the past week. The company announced the signing of a distribution deal for Doc Wylder’s with Republic National Distributing Company. SponsorsOne CEO Myles Bartholomew stated that this is a massive milestone for the company to grow its distribution strategy as it seeks to reach leading national retailers. Myles explained that the ready-to-drink market is current among the rapidly growing…