MOJO Organics, Inc. (OTCPink: MOJO), developer of beverage brands that are Non GMO Project Verified, today announced that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up 1,000,000 shares of its outstanding common stock from time to time commencing January 1, 2020 and ending on December 31, 2020, subject to market conditions.

"MOJO's Board of Directors and management team believe that the market currently undervalues our core business," commented Glenn Simpson, CEO of MOJO. "The share repurchase program provides us with flexibility to repurchase stock over time if market conditions persist."

Under the share repurchase program, the Company may periodically repurchase its common stock through open market transactions, privately negotiated transactions, block trades or any combination thereof in compliance with applicable securities laws and the Company's insider trading policy. The number of shares repurchased and the timing of repurchases will depend on a number of factors, including, but not limited to, price, trading volume, and general market conditions, along with MOJO's working capital requirements and general business conditions. The share repurchase program does not obligate the Company to acquire any specific number of shares in any period, and may be expanded, extended, modified or discontinued at any time.

About MOJO Organics, Inc.

MOJO Organics, Inc. engages in new product development, production, marketing, distribution and sales of beverage brands that are natural and Non GMO Project Verified. For more information about MOJO, visit http://www.mojoorganicsinc.com/.