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Issued patents have a 7 digit number. The other is an application for continuation in part and has not issued. At any rate XND does not hold any patent rights. Patents are held by Nickolas, Stewart and EB, LLC fully owned By Impact Beverage. When I spoke to Zouvas in early March ... he fully believes that Nutripure owned the patent. The patent was encumbered by a lien for $350,000 plus interest placed by Nutritional Beverage, LLC Jason Pratt for failure to pay bottling services by Nickolas. There is another case against Nickolas and EB, LLC for $250,000. By the way and there are more on the way. Nickolas owes former relationships in excess of $1,000,000. Sounds like a great CEO candidate to support and invest in to me. They do not have supply agreements for key ingredients as reported in the answered questions. I am a supplier and I have and will not supply Nickolas he still owes us money and many many many more. He owes Bill Simpson and Zann Corp some $350,000. Need I say more. This company needs a fresh start. The trade will not sell supplies to Nickolas I assure you.
Hey gang, I do not believe the answers to some of the questions. Steve claims he owns the patents. If Liberty Diversified Holdings, Inc. Acquires Assets of XND Technologies, Inc. and Announces New Corporate Structure and Direction Nutripure owns the patent and that is the battle. Steve filed the restraining order to try to get the patent rights back. If that's the case this is in the courts for sometime.
ORANGE, Calif., Dec. 13 /PRNewswire-FirstCall/ Liberty Diversified
Holdings, Inc. (Pink Sheets: LDHG) announced yesterday that it has acquired
100% of the assets of XND Technologies, Inc. (XND), an Arizona corporation,
including all of its proprietary formulations, patents and trademarks, and its
existing production and distribution systems. XND has been working to produce
and distribute a line of nutrient-enhanced bottled water products that contain
no calories, no carbohydrates, no colors and most importantly, no flavors
other than pure water, and does this using a process that is more efficient
and less costly than others currently in use. This concept is unique because
no other producer adds organic nutrients without also adding masking flavors,
colors or sweeteners. Now that these agreements are finalized, Liberty will
immediately redirect its entire efforts to the premium bottled water industry
and bringing to market a full line of
nutrient-enhanced water products to compete with currently available products
such as VitaminWater and SmartWater. Initial products are expected to include
those enhanced to provide vitamin support for general health, a diet
formulation for weight watchers, an immune booster, an energy and fitness
drink, and others. Liberty is also in the final stages of negotiations for
the acquisition of assets for a second water company, and a further
announcement regarding that transaction is expected very soon.
Liberty acquired the assets of XND in exchange for stock and no cash was
involved in the acquisition. As a result of the transaction, controlling
interest in Liberty has been passed to the stockholders of XND. Liberty will
immediately apply for a name change to reflect its new direction in the
bottled water business and Liberty's current officers and board will remain in
place until the name change is complete and no later than December 31, 2007.
Once the new name is in effect, Mr. Steve Nickolas, the current CEO and
President of XND, will be appointed President, CEO and Chairman of the Board
of the Company, and a new Board of Directors will be established. At that
time, Mr. Ron Touchard and Dr. Michael Brown, Liberty's current CEO and
President, respectively, will step down from their positions as officers and
directors of the Company but will remain with the Company in other positions
to be announced later.
Incoming Chairman, President and CEO Steve Nickolas is a 30-year veteran
of the beverage and bottled water industry who has worked as a beverage
consultant and in a variety of management positions, including assignments at
Anheuser-Busch, Nestles, Whitlock Packaging, Proctor & Gamble and Suntory.
Mr. Nickolas opened the first bottled water company in Hawaii in 1980 and by
1990 had developed water companies around the world including Micronesia,
Indonesia, the Philippines, Israel, Germany and several in the U.S. He later
founded Apani Bottled Water Co., a new bottled water concept using small
packaging PET bottles, which he grew to over $35 million in annual sales. He
is also the Founder and President/CEO of XND Technologies, Inc. Mr. Nickolas
has a B.S. degree in Political Science and Economics from the Claremont
Colleges and has completed postgraduate work at Claremont Graduate School and
Cal Poly Pomona in Government and Psychology.
Commentary
In response to this announcement, Ronald C. Touchard, Chairman and CEO of
Liberty Diversified Holdings, Inc., commented, "We are very pleased to
announce to acquisition of the assets of XND Technologies, Inc. The structure
of these acquisitions will integrate the assets of Liberty and XND into a
single company, which we feel is a much better situation for us on the market
place, and our new name and change of management signals our full commitment
to our new corporate direction. We are also pleased to introduce our incoming
Chairman and President/CEO, Mr. Steve Nickolas, who we believe has the ideal
expertise and experience to lead the company to success as we become a major
player in the premium bottled water industry. We are now moving ahead full
steam to secure the necessary funding to scale up operations and we are more
excited than we have ever been about both the near and long-term future of our
company."
Mr. Nickolas added, "This is a very exciting day for us. We have worked
very hard at XND to develop an outstanding line of products and to position
ourselves for rapid entry and expansion in large and fast-growing industry.
The acquisitions of these companies' assets by Liberty Diversified Holdings,
Inc. provide us with the best of all possible worlds. Our current management
team will remain in place to see this vision through to completion, while
Liberty's access to capital markets will allow us to move forward much more
quickly than otherwise possible. Now that this integration is complete, we
look forward to making many additional announcements in the very near future."
For more information call (949) 376-4846 or visit
www.libertydiversifiedholdings.com (a new website reflecting the company's new
name will be released shortly).
Caution Regarding Forward-Looking Statements: This press release includes
forward-looking statements concerning the future performance of our business,
its operations and its financial performance and condition, and also includes
selected operating results presented without the context of accompanying
financial results which are not yet available. These forward-looking
statements include, among others, statements with respect to our objectives
and strategies to achieve those objectives, as well as statements with respect
to our beliefs, plans, expectations, anticipations, estimates or intentions.
These forward-looking statements are based on our current expectations. We
caution that all forward-looking information is inherently uncertain and
actual results may differ materially from the assumptions, estimates or
expectations reflected or contained in the forward-looking information, and
that actual future performance will be affected by a number of factors,
including economic conditions, technological change, the integration of
acquisitions, regulatory change and competitive factors, many of which are
beyond our control. Therefore, future events and results may vary
significantly from what we currently foresee. We are under no obligation (and
we expressly disclaim any such obligation) to update or alter the
forward-looking statements whether as a result of new information, future
events or otherwise.
SOURCE Liberty Diversified Holdings, Inc.
Liberty Diversified Holdings, Inc., +1-949-376-4846
Do you have the patent number for the 2nd patent which is not published on this site?
Yes thanks ... Nickolas has more companies than Carter has liver pills. None of which never got off the ground. They just generated debt. When he can't pay his bills ... he starts a new company. He owes a bunch of suppliers and individuals. Nutripure is about his 5th or 6th launch of enhanced beverage. I hate to admit it, but I know him personally.
jabs, would you be kind enough to ask Steve to elaborate more about the patent. Ownership rights? Is EB, LLC licensing the patent to Nutripure for production of Nu2o?
That is a good question. Is Steve issuing an exclusive license to Nutripure to practice the patent? Ladies and Gentlemen I submit to you if Nutripure does no own the patent ... the company has just lost tremendous value as an investment. If Steve owns the patent then why doesn't he tell Ron et al to go fly a kite and start anew.
Great DD to all as I am just catching up. In a prior post Steve said he owned the patent and not Nutripure. So that doesn't appear to be the fight from Steve's perspective. That is the only asset in Nutripure that would be worth fighting over ... other than that the company is only a shell at this point. Enhanced Beverage, LLC is the patent holder and that is fully owned by Impact Beverage, Inc. which is owned by Nickolas and an investment group. I don't get it.
That's my opinion. I am sure he is monitoring this board ... wouldn't you.
Bob,
There has been nothing reported about distribution and retail partners. Producing product with no place to go does not generate any revenue just ties up working capital??? Perhaps some questions to Nickolas might be:
Can we see the product ingredient and nutritional information?
Who are the bottlers for production and do you have supply agreements in place?
Who are the distributors for the product and do you have signed agreements?
What retail outlets will the product be merchandised and do you have contracts in place?
When is the product scheduled to be slotted at the various retailers?
Have you secured ingredient supply commitments?
Is the patent encumbered by liens or other ownership rights?
How do you expect to support a business with no infrastructure development for sales, marketing, customer service, etc.?
I don't know why the company hasn't announced the above as these would be good examples of positive PR. The only reason I can think of is because the work hasn't been done. Ted or Steve has had a voice to this board through quite a few members as well as his own alias. If he wants support ... he needs to post the game plan and answer the above questions as well as many others that have been posted. He better not just be blowing smoke up our ... JMHO
pLAYING FOR GRINS AND NICKLE DIME PARLAYS ... I HEAR YA. SOME OF THESE GUYS ARE WAY TO SERIOUS. NEVER BET WHAT YOU CAN'T LOSE!!!
AHH GRASS HOPPER BEWARE OF THOSE WHO CONTROL SUPPLY CHAIN ... NO TICKY NO TAFFY. IGNORANCE IS BLISS!!! WHAT TO BUY SOME PRIME FARM LAND???
OLLIE FOR ASSITANT!!!
DUDE, HAVE GOOD DAY ON THE BIKE.A DARK DESERT HIGHWAY... MY HAIR!!! REMEMBER WHEN INVESTING ... SOME FOR THE BEARS, SOME FOR THE BULLS, NON FOR THE HOGS!!!
IT IS ALL UPSIDE ... BUT NOT UNTIL NEXT YEAR IF EVER. PLAY THE SPORTS BOOK IN VEGAS $1000 0N THE OAKLAND RAIDERS TO WIN THE SUPER BOWL!!!
BRASCO -- Thanks for the CANPLAY BILLBOARD. If I was a basher, I would certainly call today a success and collect my bonus and leave. That's not the case. The Pied Pipers flute is getting water logged ... don't be the last *** in NUBV. Good Luck To You. Do better DD before your next endeavor to financial security? I agree a great concept ... in fact the best invention since the wheel, but it's in the hands of failures and the only way they know how to make money is by stealing. When in the BIG CITY don't carry your money in your pocket.
Zouvas was the attorney that conducted this reverse merger. This is tied up because of Nickolas' misrepresentation of XND Technologies to Liberty Diversified Holdings. He hasn't been paid a dime nor does he aspire to be CEO ... his interest is to clear up the BS and move on. The Oakland Raiders have a better shot at winning next years Super Bowl. IMHO
Brasco,
Nickolas is the Pied Piper and you are??? By the way, thanks for your private post ... LOL. I make well in excess of the purported $10.00/HR. by some $1000.00+/day plus expenses. Brasco one of these days you will open your mind. Some of us are only helping those who want to be helped and not believe and follow the word of a lot of happy horse sh** that is posted. I have never seen anyone who is so willing to march to others drum beat. Captain Jim would be a great role model for you. Hey Kirk would you be Fiasco Brasco's sponsor and bring his head out of the sand.
It has already been supplied and validated on this board by several former doubters of my info. NJ Charmer also validated that in a post based on his conversation with Zouvas. Call Jason Pratt at National Beverage, LLC and hear it for yourself. You owe it to yourself to validate your own actions.
Kaz --- there are a number of reasons I am sure. What can we see from the outside and DD reported on the board?
Dubious PRs and retractions, lien on the patent by a former bottler National Beverage, LLC (Steve never paid Jason Pratt with previous failures), patent ownership rights issue (Andrew Stewart and Impact Beverage, Inc. Enhanced Beverage LLC) just to name a few. Additionally, there are other cases in the making other than the internal BS. A vote of confidence for this guy and his track record ...GET REAL ... he caused this mess. How could anyone with a clear mind trust a guy like this with their investment? I am here to tell you from personal experience YOU CAN'T. The ingredient trade doesn't support him nor will they sell to him. Nickolas owes all previous vendors money from previous endeavors. Nickolas has burnt a ton of bridges. The shareholders will learn in short order ... he will burn you too. I can't imagine how anyone that wants to make this work would entrust Nickolas. Zouvas has stated, to a boardmember on previous posts they are searching for a new CEO, but can't find any takers to run and invest in this company. Such a tangled web Steve weaved when he practiced not to succeed but deceive. Even if Nickolas didn't get caught up in his lies and deceit he won't be able to manufacture because he won't be able to purchase the necessary supplies to produce. GLTA IMHO
We have been trying to warn these guys. IMO ... shareholders are cutting their losses and going on to greener fields. You can alaways reinvest if things get resolved. Sitting on this stock with all of the BS makes no sense if you are looking for some type of short term return. Sitting on this stock defies most trading models for investment success. Do you think Buffet would play this stock? NO WAY.
The MMs are disappearing because they are viewing this as long term ... with little potential to make a short term flip for strong gains. IMO
More like attorneys fees ... IMO. Investors see this case as a protracted process that builds up cost. If everything is frozen then the BOD liquidate their personnel positions to generate the necessary funds to fight. IMO
This case isn't good news. It demonstrates there is IMO a long battle ahead. The next phase will most likely be an evidentiary hearing. The bickering back and forth could take sometime. I can't imagine a judge would rule for Steve to get his job back. The company has a right to choose the CEO. Where has NJ Charmer been with the lien conversation with Zouvas? The company has been at a standstill for nearly one month. Getting a court order to resume would be positive ... outside of that eveything is DOA. No money and a lien that needs to be paid. The evidence is going to muddy the waters no pun intended ... IMO. This is just the tip of the iceberg. They have lost time in establishing merchandising and distribution agreements which takes alot of capital. They need major 7 or 8 figure monies to proceed with enough working capital as this company is not credit worthy for securing material supply and subsequent production...there is much work ahead before the product sees the shelf.
Here's the post it was to Fiasco Brasco "The accuser" and for you Fantasy Island Andy.
Posted by: millionaireinvestor
In reply to: Brasco who wrote msg# 19409 Date:4/4/2008 3:04:51 AM
Post #of 19490
I talked with Steve and that is what he told me. He said the earliest was 3 days and longest 10 days as of yesterday and like I said, I put all the answers together of the questions I asked him, it seems like he won the case and is still the CEO or very much involve with NUBV. Again, the PR coming latest is 10 days is from STeve himself and him being CEO again is IMO. I also called Luke the same day and try to confirm and maybe to trick him, maybe to stir things up to get things out of him but he refused to talk to me that day and asked me to call him back when he has more info and ok to talk to me. So in conclusion, Steve was more willing to talk and was willing to tell when the next PR was going to come out and basically tried to answer all my questions and Luke wasn't, based on this and also many more answers that I got from Steve was how I drew the conlusion that Steve won the case. I might be wrong, we will seee. yea yea
By the way, I also called Ted after Luke and see if I can confirm that PR thing, Ted would not say anything. Again, I think Steve said that out of excitement which I don't think he was supposed to. We will see .
Don't mistake luck for great timing, isn't this great timing or what?????
I believe jabs made the statement the case was settled ... read the earlier post.
That was in another post this AM. I don't talk to either Ted or Steve. Review the posts this morning.
There is no court docket. You can't schedule the courts in days, weeks, etc. These issues are arbitration issues which can be scheduled rather quickly. Sounds like more BS from the same BS sources ... nobodies Steve and Ted.
This is contrarian to so called Ted discussions prior. It's been reported, that the case was resolved which I didn't think was realistic, but of course the messenger was Steve. A new PR this week an update next week, blah blah blaf fuggetaboutit.
He was voted out by the shareholders on the BOD.
It's been tomorrow for days ... next week for weeks. It's probably next month.
Hey Brasco ... this board is great isn't it. A little fun, some dilerium, some intelligence aand in the end so many put there $$$ in the hands of crooks. Love, Live and Learn I guess.
Let's see a good PR pumps the volume drives up the value. the MMs bail right as they retract the PR as not true and you all are out more money. It just doesn't happen based on a HOPE AND A PRAYER.
Jim there in lyes the problem. It's all about HOPE ... they just can't read between the lines. You can lead them to water but you can't make them drink. They are confused through dilerium. Come on Andy get your head out of the sand.
Hear Hear!!! Another guy who speaks some sense. You are not James T Kirk are you.
The Topic is the blind leading the blind. You just can't help yourselves in throwing good money after bad. This is like taking candy from a baby. Show me your money and it will soon be mine. Human nature and false hope in times of adversity is so predictable. The odds are in my favor.
Come to DADDY. FEED THE MONSTER. This is so much fun. I am glad eveyone is coming out to PLAY!!!
Great Post. I'm sure this would have fit the Buffet model. More like Ben Franklin.
Certainly isn't as good as the stuff a lot of the board is smoking. Breakout the visine I can't see the forrest for the trees.
LI Andy your Good. Great retort. I've got plenty because I don't buy hi and sell lo.
A FOOL AND HIS MONEY ARE SOON PARTED ... ONLY TIME WILL TELL. Keep your trust in the group that has separated a great deal money from the shareholders to date. They talk about production to keep you guys on the hook. I don't here of distribution or the retail outlets to purchase. Or am I just a little ahead of myself. The cost of merchandising is huge. Why doesn't somebody ask Ted?
Here we go again. We have verified a number of people have talked to Ted and his response has been consistent. WOW!!! He is nothing but the Master's Voice. Why in the world would anyone have faith or believe in the message of Nickolas? He is a compulsive liar, has misled the investors, retracted press releases based on lies. I can't imagine the magnitude of mistruths that he has stated to the BOD that got him fired. To believe he will return is fantasy. He is not trustworthy and has zero credibility. With that let's invest. Mr. Rourke, de plane, de plane!!! JMHO