Metavesco Inc. (OTC PINK: MVCO), a vanguard in the digital asset arena, continues to forge a path through traditional sectors with its latest exploratory venture into the spirits industry. In a revealing interview on Buffalo Fireside Chats, CEO Ryan Schadel discussed the potential acquisition of one of South Carolina’s oldest distilleries, signaling a bold intertwine of rich heritage with modern innovation.
"If this deal happens, it will change the face of the company. It's a humongous deal," Schadel remarked, detailing the due diligence in progress to ensure the venture aligns with Metavesco's ambitious strategic roadmap. Schadel shared his initial skepticism about the acquisition, stating, "I get presented these things all the time, and most of them are garbage." However, after visiting the distillery and spending three days evaluating the operation, he was convinced of its potential. He highlighted the quality of the products, particularly the aged bourbon, and the exciting vision for the distillery's future expansion.
The distillery boasts about 1,100 barrels of eight-year-old aged bourbon, each valued at approximately $12,000, underscoring the significant scale and potential profitability of this venture. Schadel emphasized the opportunity for nationwide distribution, given recent regulatory changes that allow direct bourbon distribution in several states.
"What they have already is cool. What they want to do is even cooler," Schadel hinted during the interview, suggesting that Metavesco plans to push the boundaries of innovation even further once the deal done.
As Metavesco continues to navigate these transformative times, its trajectory remains firmly set on leveraging digital assets and modern technology to sculpt the future of traditional industries. With each step they take, Metavesco is both embracing the legacy of the past and pioneering the possibilities of the future, promising to deliver revolutionary products that stand at the forefront of industry evolution.
Stay tuned to Metavesco’s journey as it continues to break new ground, blending the rich heritage of time-honored traditions with the boundless potential of modern innovation.
Catch the full interview with MVCO CEO Ryan Schadel on Buffalo Fireside here: https://x.com/buffalofireside/status/1811490761885778252
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