EPISODE · May 1, 2023 · 8 MIN
Bang Energy Bankruptcy Update | Jack Owoc Instagram Drama | Bang Energy "Super Creatine" Issues
from the Joshua Schall Audio Experience · host Joshua Schall
The Chapter 11 bankruptcy era of the beverage empire that Jack Owoc built has been wild. A LOT more has happened since I uploaded my last major Bang Energy bankruptcy explained update in mid-March (https://youtu.be/Kr_PMyydlCw). But that probably shouldn’t surprise you at this point, right? If you remember, I stuck my neck on the line and said that Monster Energy would end up acquiring its hated rival Bang Energy. Well...a few weeks later a well-respected equity analyst at Stifel put out a research note that stated Monster Energy was the best-positioned to acquire Bang Energy. His logic for that prediction almost exactly paralleled mine. This third piece of content in the Bang Energy bankruptcy series will update you on the revenue decline at the energy drink brand. It will also discuss the Bang Energy CEO Instagram handle drama that could be best described as his brash personality leading to a very public counterattack to the hostile takeover of the company he founded. Even Jack Owoc tagging me in those Bang Energy posts and reading each of them…it wasn’t until putting together some notes for this content that it struck me how desensitized I had become to this Bang Energy bankruptcy circus.I’ve covered many industry bankruptcies over the last handful of years and this one is about as unique as we will ever experience. And just to add more shit on to the pile…we can’t forget that Monster Energy just won another judgement against Bang in the 'Super Creatine' false advertising case. Finally, the original date of the Bang Energy bankruptcy auction has passed…yet the energy drink brand hasn’t changed hands. What’s happening here? Well...the Florida bankruptcy court approved an extension that moves the Bang Energy bankruptcy auction from April 27th to now May 25th. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting
What this episode covers
The Chapter 11 bankruptcy era of the beverage empire that Jack Owoc built has been wild. A LOT more has happened since I uploaded my last major Bang Energy bankruptcy explained update in mid-March (https://youtu.be/Kr_PMyydlCw). But that probably shouldn’t surprise you at this point, right? If you remember, I stuck my neck on the line and said that Monster Energy would end up acquiring its hated rival Bang Energy. Well...a few weeks later a well-respected equity analyst at Stifel put out a research note that stated Monster Energy was the best-positioned to acquire Bang Energy. His logic for that prediction almost exactly paralleled mine. This third piece of content in the Bang Energy bankruptcy series will update you on the revenue decline at the energy drink brand. It will also discuss the Bang Energy CEO Instagram handle drama that could be best described as his brash personality leading to a very public counterattack to the hostile takeover of the company he founded. Even Jack Owoc tagging me in those Bang Energy posts and reading each of them…it wasn’t until putting together some notes for this content that it struck me how desensitized I had become to this Bang Energy bankruptcy circus.I’ve covered many industry bankruptcies over the last handful of years and this one is about as unique as we will ever experience. And just to add more shit on to the pile…we can’t forget that Monster Energy just won another judgement against Bang in the 'Super Creatine' false advertising case. Finally, the original date of the Bang Energy bankruptcy auction has passed…yet the energy drink brand hasn’t changed hands. What’s happening here? Well...the Florida bankruptcy court approved an extension that moves the Bang Energy bankruptcy auction from April 27th to now May 25th. FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN - https://www.linkedin.com/in/joshuaschallmba TWITTER - https://www.twitter.com/joshua_schall INSTAGRAM - https://www.instagram.com/joshua_schall FACEBOOK - https://www.facebook.com/jschallconsulting
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Bang Energy Bankruptcy Update | Jack Owoc Instagram Drama | Bang Energy "Super Creatine" Issues
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