Phusion Puts Forth a Plan

Beer Business Daily November 24, 2010Phusion Puts Forth a Plan Dear Client:Phusion Projects, makers of the newly banned Four Loko by the FDA, has put forth a plan to address the unsaleable distributor inventory in the trade. The plan seeks to reinburse distributors for 70% of the invoiced cost of their inventory (which includes shipping but not taxes) over the next 120 days (estimated at about $30 million). Under the terms of their Plan of Action, distributors are to stop