Promino Lands 662-Store Kroger Pharmacy Test for Muscle Health Drink
MUSLF has more than doubled off its 52-week low of $0.009.
Summary
Promino secured a 90-day test of its Rejuvenate Muscle Health drink in 662 Kroger pharmacies, targeting GLP-1 users. Kroger has issued an initial purchase order, with product expected on shelves before September 1. The company says the agreement is material to Q3 revenue. This is a significant retail validation for a micro-cap company with a market cap around $4 million. The test results will determine continued listing and re-orders, making the next 90 days critical for the stock.
At the time of this announcement, MUSLF was trading at $0.02 on OTC in the Life Sciences sector, with a market capitalization of approximately $4.2M. The 52-week trading range was $0.01 to $0.06. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: TMX Newsfile.