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Created: 12/19/2006 01:51:10 PM - Followers: 6 - Board type: Free - Posts Today: 0
About XStream Beverage Network, Inc. XStream Beverage is an emerging brand development and distribution company in the fast growing $21 billion 'new age' beverage industry. XStream Beverage develops markets, sells and distributes innovative new age beverage natural sodas, fruit juices, and energy drinks. In addition, XStream Beverage also operates as a wholesale distributor of highly recognized third party new age beverage brands such as Fiji Water, Arizona and Welch's. Bull in Advantage, LLC Newsletter Mid-Week Overview 12.20.06 Today we cover AXTG XSBV DKAM Greetings! Bull in Advantage, LLC Newsletter Mid-Week Overview 12.20.06 XSBV One of our subscribers brought this one to our attention first thing this morning! The person who brought us this one seems to have his eye on the prize cause this one looks promising. With recent news out on XSBV lets keep a close watch cause excitement seems to be building. Latest news... XStream Beverage Network, Inc. Signs Letter of Intent to Merge Wholly Owned Subsidiary for Stock, Note & Cash XStream Beverage Network, Inc. (OTCBB: XSBV) ("XStream Beverage"), an emerging developer, marketer and distributor of new age beverages, today announced it has signed a letter of intent to merge its wholly owned subsidiary, XStream Beverage Network of Maryland, Inc. with a subsidiary of Global Beverage Solutions, Inc. (OTCBB: GBVS) ("Global Beverage") for stock, a promissory note and cash. Global Beverage is a registered business development company (BDC) which invests in a portfolio of companies in the beverage industry. Among its current holdings is Rudy Beverages, Inc., founded by Notre Dame Football player Daniel "Rudy" Ruettiger. According to terms of the letter of intent, XStream Beverage will receive a significant stake in Global Beverage. In addition, Global Beverage will issue a $2 million note payable to XStream Beverage, plus assume the balance of a promissory note. The transaction, which is valued at approximately $33 million, is being effected through GBVS Acquisition Corp., a wholly owned subsidiary of Global Beverage. The letter of intent is subject to the parties entering into a definitive merger agreement satisfactory to both parties by December 31, 2006. "We believe this transaction will enable us to reduce our debt and further enhance value for our shareholders," said XStream Beverage Chairman & CEO Ted Farnsworth. "Once our debt is satisfied, we intend on exploring various options on how we might benefit our shareholders including possible distributions and dividends." XStream Beverage first acquired the assets of XStream Beverage Network of Maryland, Inc. (formally Master Distributors, Inc.) in July 2004. The company had revenue of $10.2 million in 2005 with EBITDA of $426,000. Farnsworth said that the Company also intends to sell its brands in a separate transaction. "We feel that with all the interest in the New Age beverage category this is the perfect time to take advantage of the demand for quality products, specifically those that fit growing niche markets such as the energy drink sector," Farnsworth said. "Other entities have already expressed keen interest in our Maui Juice, Chinese Rocket Fuel, Spa Water and Squeeze Soda brands." Farnsworth indicated that he eventually intends to step down from his day-to-day activities at XStream Beverage to pursue other interests but intends to serve on the new entities board of directors and act as a consultant during the integration period. He also indicated that XStream Beverage President Jerry Pearring intends to serve on the new entities board of directors and become part of the senior management of Global Beverage following the transition. "We want to assure our shareholders that XStream Beverage is a very viable entity which will own a major stake in Global Beverage," said Pearring. "The combined entities create an outstanding platform to further develop our unique branding and distribution strategy." About XStream Beverage Network, Inc. XStream Beverage is an emerging brand development and distribution company in the fast growing $21 billion 'new age' beverage industry. XStream Beverage develops markets, sells and distributes innovative new age beverage natural sodas, fruit juices, and energy drinks. In addition, XStream Beverage also operates as a wholesale distributor of highly recognized third party new age beverage brands such as Fiji Water, Arizona and Welch's. This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include failure to complete successfully the development of new or enhanced products, the successful implementation of acquisition program, the Company's future capital needs, the success of competitive products, fluctuations in costs, changes in consumer preferences and other items described in the Company's Securities and Exchange Commission filings. The Company undertakes no obligation to update any statements in this press release. XStream Beverage Network, Inc. Peter Nasca Ft. Lauderdale: 954-473-0677 Chicago: 312-421-0723 pnasca@pnapr.com www.xbev.com
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#208 Good Morning tazzo, Do you mind changing the ammobox 10/19/2007 09:29:34 AM
#207 XStream Beverage Network, Inc. Announces Restructuring Program strongstock 08/07/2007 08:22:55 AM
#206 O/S will be 195,000? Wow. Any idea john wayne 08/06/2007 11:20:59 PM
#205 r/s AVENTURA, Fla.--(BUSINESS WIRE)---- bUrRpPPP! 08/06/2007 05:50:27 PM
#204 XSBV a bargain at .03? Drugdoctor 05/20/2007 11:18:20 PM
#203 Charts not lookin bad. kristianw 04/26/2007 09:36:16 PM
#202 Yea, they have used some shares to pay Drugdoctor 04/18/2007 11:34:54 PM
#201 It appears they have diluted a little also.. kristianw 04/18/2007 11:31:58 PM
#200 I'm Holding still. Thanks for the update :) strongstock 04/18/2007 01:09:24 AM
#199 The 10K filing is out... I read the Drugdoctor 04/18/2007 12:34:49 AM
#198 Nice close of XSBV at .06 - maybe Drugdoctor 04/06/2007 09:30:38 AM
#197 XSBV - I stole some shares at .025 Drugdoctor 04/04/2007 02:19:25 PM
#196 XSBV will discuss the GBVS transaction in the Drugdoctor 04/03/2007 11:05:09 PM
#195 I XSTREAMly hope we get some news soon strongstock 03/27/2007 12:36:53 AM
#194 The chart certainly looks like the bottom is Drugdoctor 03/23/2007 11:46:20 PM
#193 According to terms of the merger agreement, XStream avinanyc 03/22/2007 03:03:19 PM
#192 Check out this chart.. kristianw 03/21/2007 06:54:38 PM
#191 GBVS is back to where it was when Drugdoctor 03/20/2007 08:09:44 PM
#190 Slow day today.. no trades kristianw 03/16/2007 03:06:39 PM
#189 Rudy Beverage Taking Sales a Mile High at avinanyc 03/15/2007 03:09:37 PM
#188 Investorstockalert.com Announces Profile Launch of Global Beverage Solutions, In avinanyc 03/15/2007 03:09:04 PM
#187 Looks like we're comming back a bit :) strongstock 03/15/2007 02:21:36 PM
#186 My impression is that XSBV is basically a Drugdoctor 03/15/2007 12:08:37 AM
#185 From the 8-k filed on the second.. Who's kristianw 03/14/2007 11:48:58 PM
#184 Yep, now that would be a huge coup Drugdoctor 03/14/2007 11:45:17 PM
#183 That would be BEAUTIFUL strongstock 03/14/2007 11:40:09 PM
#182 I am also hoping for a GBVS share dividend. kristianw 03/14/2007 11:38:27 PM
#181 I'll do the same :) strongstock 03/14/2007 11:36:28 PM
#180 No, but I might Friday... I'll post anything Drugdoctor 03/14/2007 11:35:46 PM
#179 Don't worry about a $150 trade today at Drugdoctor 03/14/2007 11:35:05 PM
#178 Have you tried contacting them? I haven't strongstock 03/14/2007 11:34:32 PM
#177 I'm stuck holding as well.. in at .06 kristianw 03/14/2007 11:29:19 PM
#176 Well, it's time for Farnsworth to put up Drugdoctor 03/14/2007 11:26:43 PM
#175 Good luck to you too! strongstock 03/14/2007 11:18:19 PM
#174 I'm a stuckholder here too, lol... If they Drugdoctor 03/14/2007 09:56:25 PM
#173 MAN! They're really walking this thing down! strongstock 03/14/2007 09:09:43 PM
#172 Here is the deal - XSBV just acquired Drugdoctor 03/07/2007 09:48:59 PM
#171 Interesting... this is along the same lines as strongstock 03/03/2007 01:35:44 AM
#170 XSBV as a GBVS "stock option"? Since Drugdoctor 03/02/2007 10:28:14 PM
#169 I just looked at the financials and found Drugdoctor 03/02/2007 10:14:49 PM
#168 frustrating!! strongstock 03/02/2007 09:54:02 PM
#167 I just bought back in today after I Drugdoctor 03/02/2007 04:05:38 PM
#166 I've held this long... I ain't about to strongstock 03/02/2007 03:59:50 PM
#165 They won't get me to sell, I want Drugdoctor 03/02/2007 03:56:19 PM
#164 beats me! Maybe mms know its a strongstock 03/02/2007 03:35:03 PM
#163 .07 ? And the stock is worth .34? Drugdoctor 03/02/2007 03:04:58 PM
#162 I just think the story is not out Drugdoctor 03/02/2007 10:11:03 AM
#161 They could spin out the shares 1-1 and Billybob_TX 03/02/2007 10:09:57 AM
#160 I agree timmage - I am buying XSBV Drugdoctor 03/02/2007 10:01:46 AM
#159 Shouldn't this deal value XSBV closer to GBVS? Billybob_TX 03/01/2007 01:46:15 PM
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