Beverage Plus Announces Distribution in China
30 Novembro 2009 - 7:30PM
Marketwired
Beverage Plus Holdings Corporation (PINKSHEETS: CLNP) and FCBBI AG
(FRANKFURT: 3FC.de) are pleased to announce they have received a
letter of intent with a Hong Kong based company for the
distribution of the MC2 Energy Drink and our various other products
in China.
This letter of intent includes the purchase of an exclusive
territory for certain southern regions of China including Hong
Kong, Guangzhou, Nanning, and Fuzhou. The buyer also intends to
make a private equity investment of $150,000 in Beverage Plus at
the price of approximately $1.00 USD per share. In 2010, this
distributor relationship represents anticipated gross revenue from
$4,000,000 to $7,000,000 for Beverage Plus.
"Beverage Plus is very excited about this potential partnership.
China is a tremendous market opportunity for our products, with 1.3
billion consumers and very little competition in the energy drink
market there. As well these new partners in this region see the
tremendous opportunity in Beverage Plus, shown by their $150,000
investment. This along with our other recently announced
distributorships should ensure us reaching our 11 to 22 Million
Dollar revenue goal in 2010," said Ron Serota, President &
CEO.
Beverage Plus Overview
Beverage Plus is a leading franchise company in the energy drink
industry with offices in Zurich, Switzerland and Las Vegas, Nevada,
USA. Beverage Plus is the exclusive distributor and holder of the
worldwide license for MC2 Energy Drink and 38 other beverages.
These include sports drinks, all natural herbal energy drinks,
flavored, vitamin enhanced waters, natural sodas, gourmet colas,
MC2 energy mints and a coffee natural energy drink made from liquid
coffee produced in Brazil.
Beverage Plus's business model is based upon selling distributor
or franchise licenses for its products both internationally and
within the US. This strategy allows Beverage Plus to maintain a low
operating overhead, over a wide distribution area. In addition, in
many other instances, Beverage Plus provides direct product
distribution.
For further information please visit the company's website at
www.mc2energydrink.com
Forward-Looking Statements
This news release contains "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. When used in this release, words such as "estimate,"
"expect," "anticipate," "projected," "planned," "forecasted" and
similar expressions are intended to identify forward-looking
statements, which are, by their very nature, not guarantees of
Beverage Plus's or FCBBI AG's future operational or financial
performance, and are subject to risks and uncertainties. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this release. Due to
the risks and uncertainties, actual events may differ materially
from current expectations. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
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