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Wait, THERES MORE FROM THE PR!! ~ CareOne Energy Booster is 2oz energy shot offered in a convenient two pack at more than 375 Stop & Shop stores located throughout New England, New York and New Jersey.
"The acquisition of these well known brands," Kallamni explained, "puts Premier Beverage Group's new captive brands product lines in business right out of the gate. We are now well positioned at a range of top regional retailers. This placement gives us a credible operating base, along with a track record to continue to grow our captive brands business."
From the PR AH today ~
"Upon concluding this agreement, Premier Beverage Group will be adding MONSOON and CareOne Energy Booster to our captive brand inventory," said Fouad Kallamni, Premier Beverage Group's President. "The addition of these strong brands, each of which has had success in the marketplace, provides a solid foundation for our recently announced captive brand business line. In addition, each of these brands has a solid operating history as well as the ability to grow with product line extensions at each of the retailers carrying these lines, now and in the future."
PBGC AH NEWS!! Premier Beverage Group (OTC: PBGC) Announces Acquisition of Captive Beverage Brands
Premier Beverage Grp Crp (QB) (USOTC:PBGC)
Today : Tuesday 29 November 2011
Premier Beverage Group (OTC: PBGC) announced today that it has entered into an agreement with Universal Brands Corporation to purchase certain captive beverage brands and operating programs.
"Upon concluding this agreement, Premier Beverage Group will be adding MONSOON and CareOne Energy Booster to our captive brand inventory," said Fouad Kallamni, Premier Beverage Group's President. "The addition of these strong brands, each of which has had success in the marketplace, provides a solid foundation for our recently announced captive brand business line. In addition, each of these brands has a solid operating history as well as the ability to grow with product line extensions at each of the retailers carrying these lines, now and in the future."
MONSOON is an energy drink packaged in a robust 16oz aluminum can offered in both original and sugar free flavors. MONSOON can currently be found at all of the approximately 100 Roundy's Supermarkets in the Midwest, operating under the banners Pick n Save, Metro Market, and Marianos.
CareOne Energy Booster is 2oz energy shot offered in a convenient two pack at more than 375 Stop & Shop stores located throughout New England, New York and New Jersey.
"The acquisition of these well known brands," Kallamni explained, "puts Premier Beverage Group's new captive brands product lines in business right out of the gate. We are now well positioned at a range of top regional retailers. This placement gives us a credible operating base, along with a track record to continue to grow our captive brands business."
The agreement is a non-binding letter of intent subject to definitive documentation. Premier Beverage Group has agreed to purchase the above assets, including trademarks, operating programs, and certain inventory, in return for a $200,000 promissory note and the issuance of 1,000,000 restricted shares of its common stock.
About Premier Beverage Group
Premier Beverage Group (OTC: PBGC) is a holding company that – through its subsidiary, OSO Beverages – owns, develops, markets and distributes high-end premium functional beverages. Premier Beverage Group's flagship brand, OSO, is a premium energy beverage offered primarily to on-premise accounts. OSO – offered in both regular and sugar-free flavors – is produced in Austria, using only the finest ingredients – resulting in a clear, crisp energy beverage and an up-market consumer experience. For more information on Premier Beverage Group, please visit www.premierbeveragegroup.com. For more information on OSO Beverages, please visit www.osobeverages.com.
This press release, within the meaning of the Private Securities Litigation Reform Act of 1995, contains forward-looking statements involving known and unknown risks, delays, and uncertainties that may cause our actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks, delays, and uncertainties include, but are not limited to: risks associated with the uncertainty of future financial results, our reliance on a limited number of suppliers, the limited diversification of our product offerings, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, as well as the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
For more information, contact:
Ned Barnett, Barnett Marketing Communications(702) 561-1167ned@barnettmarcom.com
Investor Relations(646) 820-0630ir@premierbeveragegroup.com
SOURCE Premier Beverage Group
This board is all about CFGX. Any other tickers or symbols need to stay on those boards. Please keep this about CFGX! Thanks for not violating TOU.
I am glad I am out of this POS at a loss, AGAIN on this one ....This is nuts....the guys running this, or trying to, are clueless as to how this will actually run. These folks have screwed this play nine ways to Sunday......JOKE should be the ticker,not HBRM..
Spread at 10.5% could tighten a bit IMHO......38 x 34 needs to be tighter...maybe 365 x 38 or something like that....
I would bet we can...DLNY and CSTI have nothing up for sale...I bet we clear them out quickly.
From Philly to Oregon to the So. Cal desert to OTC plays. I know some road I have traveled.....Glad to be where I am though....volume will come IMHO.
Great start today....just like I thought it would be. Blue is the man.
This is as bad as QA$P and Dean in terms of scam, bad mgt..etc...no way to recover 'cept to buy more shares to avg down,and I will be damned before I do that. Thanks to Shiva, Haag and private placement shares, this is all over but the R/S and name change.
Don't laugh....I need almost a nickel...$.047 is my average...I am so down I cannot see up any longer....It is dark where I am averaged...no biggie...at least Haag and Shiva will enjoy the holidays!! I do not think they give a rats butt about the average Joe owning this worthless paper for now!!
Blue, it is now on my radar for the week. PBGC is now on my watchlist....
This is one of two I am watching this week. Thanks Blue...The Colts may not have a win this year, but Blue_Horseshoe is all about the winners!! :)
I hope our new mods stick this one out. Lots to tell yet of the CFGX story.
He cannot PM because he has a FREE subscription. He can PM all he wants if he has a paid monthly sub or waits until Happy Hour to do it. GLTA...
Thanks chartwisdom....I cannot figure out a $30.00 trade at the close when you figure the cost to buy & sell those shares...that was a losing trade.
With a close in the trips, I agree...what good is IR even doing at this point? IMHO, this is R144 shares coming off restriction selling into the market to free up $$$ for Xmas or whatever holiday misery they plan on causing us .
Unreal. GLTA
I agree with all of your post BillG.....a little news with a material event would be nice.....SRCP has the makings for a run....justs need a little shove in the right direction.
I hate this POS.....I love it when the company is silent while their stock drops to the trips.....HBRM what a joke.
SRPX....gotta be in it to WIN it folks. eom
BLUE is right folks!! SRPX next few days IMHO are gonna get really fun...no way 37.5K DOLLARS pours in on a Monday w/out some folks knowing that this is warming up.
What's with these orders ending in 69? Some sort of joke, 'cause it ain't funny!! Not one bit.
Good call beau.....trips it is. What a nasty chart! eom
Welcome BLUE_HORSESHOE as A-MOD on SRPX......looks like we have a winner here folks....GLTA
Good to see you here Blue....If SRPX is on your radar it is on mine again.
LOL funny....seems that there is a seller here no one, not me anyway, knew about.
WOW.....what is happening here???
Hey Poem...this has legs and then some. Next week for CFGX could be big IMHO...this has run all over it...lots of chatter on this company lately and now tonights activity has me really curious as to what is going on. GLTY and thanks for stopping by PoemStone.
Looks that way. Some really familiar faces showing up. You know what that means....LOL....$$$
CFGX could easily be the talk of the town next week.....I am seeing some Twitter chatter taking place as well...lots of BUZZ indeed....
I think so too....This could be an amazing week shaping up here.....Oh man, what a run this could turn into...Good luck King....I am gonna sit bid and try to snag some more come Monday AM.....
Hey Dumar, I think this is a crew from StockGoodies on CFGX....I cannot be sure, but I really think this is gonna have a run starting next week....Monday could be interesting 'round here IMHO...Anyway, have a great weekend.
Hey Dumar, I think this is a crew from StockGoodies on CFGX....I cannot be sure, but I really think this is gonna have a run starting next week....Monday could be interesting 'round here IMHO...Anyway, have a great weekend.
Hey King, I have been grabbing cheapies here for a while. I would love to see this baby run next week. Would be an early Xmas gift for traders.
HUH? I am now even more confused. Is Steve Haag writing this stuff for you? I am clueless as to what you mean in your post. Is there a point I am missing ?
Have a great Thanksgiving.
I will not step down achron23. Thank you for the post.
Well put DarkLady. Thanks for the encouragement.
Welcome chartwisdom to the board as Asst. Mod.
I loaded the boat in Aug 2010...very good charting sir. I was led to believe that this was going to explode by end of year. I was not told which year...LOL....but hey, I am really a patient guy....so '10, '11 or early '12 works for me. I have a ton to sell when this puppy gets over $.005 which I think it has the legs to do.
Really? Why should I step down? I have over 25K dollars in this. I am a true long here. funky...I dunno...I am always surprised by people.