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Alias Born 06/11/2001

Re: Bird of Prey post# 287

Saturday, 06/23/2001 2:10:28 PM

Saturday, June 23, 2001 2:10:28 PM

Post# of 717
I understand that Lyons has been AVBC's only bottler since signed on 3-4 years ago. The 8K announces a new agreement with Lyons:
"Essentially, the terms of the
Agreement provide for financing of production and shipment of Aqua Vie product,
without fixed limit as to quantity of product or duration of Agreement, based
upon receipt of purchase orders. Lyons has agreed to finance production, without
finance charges or interest, and without any consideration in the form of stock
of the Corporation."
There is no news of any other bottler. I recall PRs of shipments overseas, but no overseas bottler. There was a PR over a year ago maybe that AVBC stated they wanted $20 million investment to among other things open another bottling plant East of the Mississippi, if memory serves. Their intent IMO was to do their own bottling and do away with contract bottlers.
The purpose of the new agreement with Lyons is to bring them on to share in the risk and profit of financing the production and shipment of Hydrators, instead of being a contract bottler.


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