Koko Beverages is a development-stage beverage distribution company. The company's sole business is a licensing agreement with Monarch Media to distribute CocoLove water in France. CocoLove water is an organic, canned, coconut-flavored still water made without added sugar or artificial ingredients. Koko Beverages does not manufacture the beverage. Instead, the company purchases finished inventory from Monarch Media and resells it at a markup. Koko Beverages plans to sell the product across France through grocery stores, convenience stores, restaurants, vending machines, and local distributors. To limit inventory and warehousing costs, Koko Beverages plans to rely on third-party distributors and resellers. Under its licensing agreement, Koko Beverages pays royalties to Monarch Media based on net sales, while Monarch Media retains the right to sell the water directly in France through its own channels. The company's broader strategy involves pursuing additional licensing agreements to distribute other functional beverages and related products.