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Lipsmark LLC: The Secret Recipe for Powdered Alcohol to be Sold at Auction

SCOTTSDALE, Ariz., Oct. 20, 2016 (GLOBE NEWSWIRE) -- Mark Phillips, the
creator of Palcohol - powdered alcohol, has decided to auction off the secret
formula and manufacturing process for Palcohol to the highest bidder in each
of 130 counties. Phillips says, "We believe that Palcohol's potential can be
best realized by a person / company in the country who is familiar with the
liquor laws and distribution systems."

A photo accompanying this announcement is available at

Palcohol was approved for sale in the United States in March, 2015. The
worldwide demand for Palcohol has been tremendous yet Phillips found
navigating the liquor laws in each country to be a daunting task. With no
other powdered alcohol currently being sold in the world, the auction winners
will have a great opportunity to secure the market in their country.

Palcohol enables someone to just add water or a mixer to the powder and have
an instant cocktail. While five versions of Palcohol were approved in the
United States.Vodka, Rum, Cosmopolitan, Lemon Drop and Powderita (Margarita),
with the secret formula, the winning bidder in each country can choose those
versions or make up their own. The alcohol content can also be adjusted.

Palcohol has many applications. Because Palcohol is so light, airlines can
reduce the weight on an airplane by serving powdered vs. liquid alcohol and
save millions on fuel costs. The lightness is a boon for travelers, outdoor
recreation enthusiasts and for medical personnel who can use it as antiseptic
when they have to carry medicine into a disaster zone. Other possible uses
include as fuel, whether in vehicles or in a soldier's stove in his backpack.
There are applications in pharmaceuticals, manufacturing, food production,
etc. The applications seem to be endless.

The auction begins January 1, 2017. Potential bidders must register with
Lipsmark, the parent company of Palcohol, to show proof of funds. However,
there is a Buy Now price for each country that enables someone to buy the
rights for a country before the auction begins. Once the auction is over, the
secret formula will be sent to all the winning bidders at the same time.

Contact: Lynne Barbour


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lipsmark LLC via Globenewswire

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