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Kim Butler
President

Partners for Prosperity, Inc.

City:Mt. Enterprise

State: TX



BIOGRAPHY:
I have 20+ years of handling alternative investments in cash, growth and income for clients nationwide.  I strive to help my clients with all things financial in every way possible over the phone and the web.  I own an alpaca farm which I enjoy working during my downtime.  I also enjoy gardening, writing and reading books.  I also train other advisors on Prosperity Economics.

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Is Powdered Alcohol a Good Idea?

Powdered alcohol requires one minute of stirring, and its alcoholic effect is uncertain.

| BY Kent McDill

There are also concerns that someone might think to snort the powered alcohol rather than add water.

But ATTTB official Tom Hogue told the Associated Press that until problems occur with powered alcohol, the federal government cannot stop its production and sale as long as it conforms to regulations regarding ingredients, which it does. Individual states, however, can regulate its sale within state lines, and almost one dozen states, including Alaska, Colorado, South Carolina and Vermont have undertaken legislative efforts to stop the sale of powered alcohol.

Phillips is prepared for the onslaught of protest. The product’s website, which states clearly the company is looking to patent its process and has no interest in investors at this time, also presents arguments against Palcohol, and then knocks those arguments by arguing that powered alcohol is no different than bottled alcohol.

“It’s irresponsible to ban Palcohol,’’ the website reads. “By banning powered alcohol, the state will create a black market which means the state loses control of the distribution. Banning Palcohol will make it easier for kids to get access to the product.

“A package of Palcohol is almost five times bigger than a 50 milliliter bottle of liquid alcohol; it is much harder to conceal,’’ the website states. “Palcohol does not dissolve instantly in liquid, and would take over a minute of stirring to dissolve the equivalent of one shot of alcohol into a drink, when one can spike a drink with liquid alcohol in about three seconds.”

Palcohol is not the first powered alcohol to be created. General Foods patented a method for powdering alcohol in 1972 but never marketed it. A company from the Netherlands created Booz2Go in the 21st century and it contained just 3 percent alcohol.

According to Fortune magazine, the preliminary “leaked’’ package of Palcohol indicated it was 58 percent alcohol by weight, and 12 percent by volume. Some scientists indicate that powered alcohol has to be under-proofed in order to remain stable, and that a drink made by the Palcohol methods would not provide much alcoholic benefit.

 

 



About the Author


Kent McDill

kmcdill@spectrem.com

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.