Draupnir


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Draupnir

Odin’s ring; symbol of fertility. [Norse Myth.: LLEI, I: 326]
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Draupnir will support the growth of the new operating unit -- named Petersen Brands,(R) LLC -- by restructuring its management team and creating a separate research and development company.
The company will leverage the goodwill and reputation associated with Allen as its builds Petersen Brands," said Jeremy Hobbs, the newly appointed CEO of Draupnir and its business units.
Initially, two Draupnir operating units will fall under the new Petersen Brands structure.
In addition, Draupnir has created a unique new operating unit -- Hatch Development,(R) LLC -- that will be responsible for developing a continuous stream of breakthrough new products.
In the variant version, Odin apparently first came up close to the pyre to whisper into Balder's ear and then stepped right onto it--perhaps to set the ring Draupnir on his son's finger, but more likely to apply the torch.
Atayan, AMCON's Chairman and Chief Executive Officer, has purchased 80,000 shares of AMCON's series A convertible preferred stock from Draupnir, LLC.
Draupnir Capital has been a tremendous partner for us as we have executed on our strategic plan.
AMCON Distributing Company (AMEX:DIT), an Omaha, Nebraska based consumer products company, announced that it has raised $2,000,000 through the issuance of 80,000 shares of a new issue of Series C Convertible Preferred Stock to an affiliate of Draupnir LLC.
Wright, AMCON's Chairman and Chief Executive Officer said, "We are delighted to have our good friends at Draupnir continue their long term sponsorship of AMCON.
Jeremy Hobbs, the Chief Executive Officer of Draupnir commented, "We are very enthusiastic about the future growth prospects of AMCON.
The continuing support of Draupnir and our commercial banking institutions as we move forward on our strategic plan is much appreciated.
Wright is a partner and the other of which is also in the amount of $250,000 from Draupnir, LLC, a Delaware limited liability company, of which Allen Petersen, one of the Company's directors, is a member.