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Jolt Co. Inc. filed for bankruptcy last year after racking up more than $5 million in debt to a Chicago can manufacturer. The company was optimistic about restructuring, but plans fell apart this week, putting the future of the double-caffeinated cola into jeopardy, a Jolt attorney told the Rochester Democrat & Chronicle.
"The name will show up someplace else, but just that," William I. Kohn of Benesch, Friedlander, Coplan & Aronoff told the paper. "I don't see anybody buying the entire package."
Jolt founder Carl J. Rapp, who started the company in 1985, fought the restructuring of the company and blamed its current situation on an investment group that owns a large stake in the company, the paper reports.
Will you miss Jolt Cola? Spill it in the comments.
[Via Rochester Democrat & Chronicle]
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10-29-2009 @1:04PM Christine said... No, I won't miss Jolt. But I'll never forget the time in college when my friend Steve shotgunned a can of Jolt and didn't stop talking for 2 hours. :)
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10-29-2009 @2:18PM Stacie Bonner said... No...I don't even know what JOLT is until I read it, I'm a Sunkist fan.
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10-29-2009 @2:17PM Stacie Bonner said... No, I didn't even know what Jolt was...I'm a Sunkist fan.
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10-29-2009 @2:33PM Heidi said... I won't miss Jolt Cola. I drank it once and I tell you, I was up all night with heart palpitations. I soared all day at work until the inevitable crash. It was a scary time and I will NEVER touch that stuff again.
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10-29-2009 @2:43PM EK said... As someone who always drank reg. cola too much, I never even thought of trying it for fear of being addicted to it.
I think the date is wrong..I remember JOLT being around in 1983, but the article says the co. started in 1985.
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10-29-2009 @2:45PM Dan said... I liked Jolt Cola, it was the omly one that used natural cane sugar instead of corn sweetners. I never had the problems of being wiered and then crashing onthe stuff either. It had a good taste and was better for you than Pepsi or Coke , because they used corn sweetners which is now linked to dieabeaties more than cane sugar is .
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10-29-2009 @2:48PM Tina said... OMG..NOOOOOO!! I love this soda. I will miss it. I can't stand Red Bull.
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10-29-2009 @3:03PM michelle said... I thought Jolt Cola was already gone. I haven't seen it for ages. Love the taste (I guess that's the difference between real sugar vs corn syrup) and the extra long caffeine boost. I never felt any bad side effects from it either. Hope it makes a comeback, or that I will at least be able to stock up!
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10-29-2009 @3:17PM Coop said... Won't miss it. Had one once, and it tasted awful! Plus, it had no particular effect on me.
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10-29-2009 @3:34PM Don said... I haven't seen it for a long while. It was a good drink, for using sugar instead of the crapy corn syrup that is CHEAPER to use and cheapens the taste of the drinks that it suppose to help.
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10-29-2009 @4:22PM Chuck said... Never tried Jolt Cola.I have heard of it though. I have always been a Mountain Dew fan. That had all the caffine I'll ever need.
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10-29-2009 @4:12PM BB said... I tried it a few times and it was great little pick me up. The problem is, they have no distribution. I haven'teen it on shelves in years.This should be a College pre-requisite and sold in every soda machine on campus. Poor marketing
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10-29-2009 @4:33PM Kristin said... Gee...where's the goverment bailout for them???
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10-29-2009 @4:33PM jac said... it made my PISS turn green ,I drove from DC to LA in 12 hrs , my hair stood on end for three days , the dog took off at a full gate in the desert , looked like a wild Bronco flippin out , damm , thats great stuff ,,,,,
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10-29-2009 @4:56PM jimbosteacakes5 said... Me no Jolt.....
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10-29-2009 @5:05PM clyde said... I like it but couldn't find it.
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10-29-2009 @5:15PM larry said... What the hell is a jolt. I'm an electrician the only jolt i've had is from 240 volts. Is it the samething?
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10-29-2009 @5:29PM Ed said... I drink one before bed
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10-29-2009 @5:29PM MESHUGANE said... there were PECKERHEAD sodas coming out of the woodwork in those days.it was targeting the schivs with the mouse hairstyles.I'M SURPRISED MORE OF THEM DIDN'T GO BUST.THEY'RE A MUST FOR COWARD STERN FANS.
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10-29-2009 @5:50PM janet said... Have you ever tried XS Energy Drink? 0 Carbs, 0 Sugar, Loaded with Vitamin B's. It tastes great! I can tell you how to get it, not sold in stores.
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