PepsiCo is allegedly telling independent distributors and retailers that they should exclusively purchase Bang Energy from it or else they will face lawsuits.
Furthermore, the energy drinks company claimed that the beverage giant “has repeatedly and intentionally sabotaged Bang Energy in the vast retail market.”
On October 23, Owoc/Vital Pharmaceuticals notified PepsiCo that it is terminating their partnership.
On November 17, they issued a press release stating that the beverage giant is fired and is no longer an exclusive distributor of Bang Energy.
Owoc also made it clear in a tweet that “Bang Energy has terminated the distribution contract with PepsiCo effective immediately.” In fact, he was responding to an article suggesting that “PepsiCo has years left on the deal” and the break-up is “unlikely to take effect right away.”
Owoc pointed out in his tweet, “Cognitive dissonance and fake news cannot alter reality.”
Bang Energy has terminated the distribution contract with PepsiCo effective immediately. Cognitive dissonance and fake news cannot alter reality. https://t.co/96AJSxt1Dk
— Jack Owoc (@BangEnergyCEO) November 17, 2020
