Beverage Plus Holdings Corporation (PINKSHEETS: CLNP) and FCBBI AG (FRANKFURT: 3FC) are pleased to announce they have entered into an agreement for distribution of their products through Cuba Business Development Group, Inc., a Nevada corporation, for the entry of the MC2 Energy Drink and various other beverages in Cuba. In 2010, this represents anticipated gross revenue from $1,000,000 to $2,000,000.

This distribution is dependent upon on-going food and beverage exceptions to the embargo as authorized by the United States government. See the Trade Sanctions Reform and Export Enhancement Act enacted by Congress and signed into law in October 2000.

"This is a great opportunity for Beverage Plus to enter into this untapped market. This agreement will allow Beverage Plus to enter into Cuba quickly and easily utilizing existing infrastructures and extensive in-country network available to the Cuba Business Development Group even with the existing embargo in place," said Ron Serota, President & CEO.

Beverage Plus has recently announced they have increased their distribution network significantly in the past 30 days with planned distribution in the Bahamas, Bermuda and Turks and Caicos, a letter of intent for the distribution in China, and an agreement with Sanson Company, which is based in Cleveland, Ohio, to increase our distribution in up to 15 U.S. States.

In 2010, expected distribution in China represents anticipated gross revenue from $4,000,000 to $7,000,000. In 2010, expected distribution in the Bahamas, Bermuda and Turks and Caicos represents anticipated gross revenue from $1,000,000 to $2,000,000.

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.

Nova Tech Enterprises (PK) (USOTC:NTEI)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Nova Tech Enterprises (PK).
Nova Tech Enterprises (PK) (USOTC:NTEI)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Nova Tech Enterprises (PK).