Panache Beverages Inc. (OTC : WDKA) is an alcoholic beverage company specializing in the development and global sales and marketing of spirits brands The company has been hitting distribution targets in major strategic states, given a price target of between $2.67 and $2.75 and have a great marketing campaign in full swing.
The company has had two research reports released recently. WSR Equity Research has given WDKA a strong ‘BUY’ rating with a 12 month price target per share of $2.67. Zach’s Research presented WDKA with a ‘BUY’ rating and a 12 month price target of $2.75
Panache Beverages (WDKA) are also leveraging the same strategy that they did with their previous brand, 42 BELOW, which was sold to Bacardi Beverages in 2006 for a massive $91 million, which represented a profit of $71 million. WDKA is applying the same logic to their current portfolio of alcoholic beverages.
Panache Beverages (WDKA) will continue to use its proven and successful ‘build & exit’ strategy, that its CEO, James Dale, developed with it 42 BELOW brand.
WDKA has already achieved its distribution goals for the State of Florida and is currently stocked in over 1000 locations state wide, with a highlight being an 80 store placement deal with a major national grocery chain.
Panache Beverages (WDKA) have a great marketing campaign in full effect. They have been featured on prime time TV on Martha Stewart, CNN and Fox.
Their products are priced right for the tight economy and are attracting people with the right brand of marketing, cost effective product and a brilliant strategist in CEO James Dale.
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