Please read again. Takes revenues too 4 Million!
PULSE BEVERAGE ACQUIRES INTERNATIONAL DISTRIBUTION FOR ITS NATURAL CABANA® COCONUT WATERS
PULSE WILL BE ABLE TO RECORD AN INCREMENTAL $2 MILLION IN ANNUAL REVENUES WHICH DOUBLES ANNUAL REVENUES
DENVER, March 05, 2018 (GLOBE NEWSWIRE) -- The Pulse Beverage Corporation ("Pulse") (OTC:PLSB) announced today that it has acquired international distribution for its Natural Cabana® Coconut Waters in the People's Republic of China through their new USA based distribution partner, Better4U Food & Beverage, Inc.
Better4U has distribution in the PRC and consumer demand for over 15,000 cases per month worth at least $450K per quarter in net revenues for Pulse. In this partnership, Better4U pays for the product up front which eliminates the credit risks for Pulse. At Pulse's current revenue run rates, this provides an easy doubling of sales.
Robert E. Yates, CEO of Pulse, said, "We are pleased to be able to offer our products in the People's Republic of China. Our partners have comprehensive consumer goods distribution relationships in the PRC and we are pleased to have a new to Pulse, population base of over 1.4 billion new consumers that we will introduce to our Natural Cabana® Coconut Waters."
Mr. Yates continued, "This arrangement makes a lot of sense for Pulse. We have no distribution costs or credit risks in this business model. We collect from the customers in the PRC, reimburse Better4U for their cash outlays and record the entire transaction in Pulse's books. Our partner is responsible for paying for the manufacturing up front as well as transit costs."
About Pulse Beverage Corporation:
Pulse Beverage Corporation (OTC:PLSB) is an emerging beverage company that offers Natural Cabana® Lemonade/Limeade in 7 great tasting, low-calorie flavors and Natural Cabana® Coconut Water in
pineapple and natural flavors. With Pulse's revamped business model, utilizing warehouse direct and key accounts, Pulse directly teams up with major retailers like Walmart, Albertsons/Safeway, Kroger, Stater Bros, Food Max, Houchens, Kmart, 7-Eleven, United C-stores, Weis Markets, King Kullen, Hy-Vee Supermarket, WinCo Foods, Price Less Markets, Gristede's Foods, Toot n Totem and Travel America. Consumers easily find Pulse's prominently displayed products thereby increasing revenue and earnings for shareholders of Pulse.
DD PAYS IN THE LONG RUN!
SO DIG IN
