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Tuesday, February 17, 2009 3:39:32 PM
Company News and Press Releases: Updated as of: 17 FEB 09
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Bebida Announces Independent Business Distribution Model for New Line of Enzyme Enhanced Beverage Formulations
Tuesday February 17, 9:55 am ET
LAS VEGAS--(BUSINESS WIRE)--Bebida Beverage Company (Pink Sheets:BBDA - News) announced today that the Company has embraced the economic merits of independent business distribution and network marketing for the new line of enzyme enhanced beverage formulations that are under development.
The Company recently announced that it is developing a line of enzyme enhanced water, sport and energy drinks. The focus of product development will include digestive, therapeutic and life-style supportive beverages.
The distribution business model of network marketing was recently introduced to Bebida as an economically viable, if not superior, alternative to ‘brick and mortar’ retail shelve distribution for the new line under development. Within the traditional retail shelve distribution model, large purchasing chains maintain highly unbalanced trading leverage over suppliers. This imbalance creates large and costly barriers to entry for even the most innovative of new products being launched.
Bebida has embraced the decision to pursue retail distribution of the new enzyme enhanced product line via a network marketing distribution model. The Company is presently working to solidify details regarding this strategic distribution decision. Wholesale distribution to restaurants and bars is expected to remain outside the terms presently under review.
Bebida believes the unique collective of beverages under development will provide a new exciting product line, which will offer additional growth potential to independent network marketers. The Company believes distribution through network marketing channels provides many advantages including overall scalability in product distribution in addition to overall reach to consumers both domestically as well as internationally.
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Koma Energy Drink to Include New Enzyme Enhanced Formulations
Thursday February 12, 2009, 9:15 am EST
LAS VEGAS--(BUSINESS WIRE)--Bebida Beverage Company (Pink Sheets: BBDA - News) announced today that the Company’s continued pre-launch development of Koma Energy Drink is focused on refining specialized enhancements of enzymes to be included in the final formulation prior to launch.
Bebida believes Koma Energy Drink is the quintessential beverage for the Company to launch with proprietary enzyme enhancements. Formulation development will concentrate on enzymatic properties designed to promote and enhance increased mental acuity and alertness, nutritive support for energy boost, in addition to liver and other detoxification efficiencies.
Bebida Beverage believes that the billion dollar energy drink market, while overran with ‘knockoff’ and ‘me too’ brands, is ripe with anticipation for a technologically superior product that combines consumer taste preferences along with other beneficial properties not found in competing brand offerings. Bebida believes the formulation under development will far surpass existing products in taste, energy boost deliverability, as well as enhancing the biochemical reactions and detoxification processes within the body.
Koma is being developed to compete directly with the top mainstream product sold within the United States. The continued taste formulation development of Koma is focused on superior stand alone taste properties, in addition to balanced taste enhancement when included as a mixer with popular adult alcoholic beverages. Superior Taste + Proprietary Enzymatic Detoxification and Energy Boost Qualities = Winning Product = Koma Energy Drink!
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Bebida Beverage Developing Line of Enhanced Lifestyle Beverages
Wednesday February 11, 2009, 9:45 am EST
LAS VEGAS--(BUSINESS WIRE)--Bebida Beverage Company (Pink Sheets: BBDA - News) announced today that the Company has formed a strategic product development alliance which will focus on the development of enhanced lifestyle beverages.
Bebida Beverage has formed a product development alliance with Enzyme Environmental Solutions, Inc., based in Fort Wayne, Indiana. Enzyme Environmental and Bebida Beverage will be focused on developing a proprietary biotechnology for a line of enzyme enhanced beverages to be marketed and distributed by Bebida Beverage.
Enzymes assist to catalyze and regulate all biochemical reactions that occur within the human body, as well as being instrumental in digestion. Enzymes break down fats, proteins, carbohydrates and fiber making it possible to benefit from the nutrients found in foods while assisting to remove toxins. Enzymes assist the body to turn food into energy and unlock this energy for use in the body.
Bebida Beverage will market and distribute a full line of enzyme enhanced water, sport and energy drinks through the product development alliance provided by Enzyme Environmental Solutions. The focus of product development will include digestive, therapeutic and life-style supportive beverage lines. Bebida Beverage believes the developmental alliance with Enzyme Environmental Solutions will provide the Company with key strategic advantages in the development of ground-breaking beverage technology for consumers.
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Piranha Water Sponsored MMA Fighter Dan 'The Outlaw' Hardy UFC 95 Bout Less Than A Month Away
Friday January 30, 2:02 pm ET
Source: Bebida Beverage Company
LAS VEGAS, Nev.--(BUSINESS WIRE)--Bebida Beverage Company (Pink Sheets:BBDA - News) announced today that the Company’s Piranha Water sponsored MMA Fighter Dan ‘The Outlaw’ Hardy has a scheduled bout that is less than a month away at UFC 95.
Dan "The Outlaw" Hardy will make his second appearance in the Ultimate Fighting Championship next month sharing top billing. Hardy, who is the current Cage Warriors World Welterweight Champion, will face the eight-time International Fight League veteran Rory Markham at UFC 95 on February 21st.
Bebida Beverage will be providing Piranha Water bandana’s to be distributed to select fans attending the event. The bandanas have proved to be a very popular item among Dan Hardy fans and Bebida is very pleased at the response of the bandanas design and overall popularity. Additionally, Bebida will be sending via courier a supply of Piranha Spring Water to Dan Hardy’s management in advance of the upcoming event.
This bout will be Hardy's second Octagon appearance, and the Team Rough House star will be looking to continue his fine run of form, which has seen him win 9 of his last 10 bouts. The match-up will be shown live in the United Kingdom on Setanta Sports and will air via tape delay on Spike TV in the USA. This will give the Nottingham based star not only the chance to showcase his skills again in front of a live arena audience but also in front of a watching UK/USA television audience too.
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Take a Bite Out of Thirst Sweepstakes Fueling Interest in Piranha Spring Water
Date : 12/29/2008 @ 3:13PM
Source : Business Wire
Take a Bite Out of Thirst Sweepstakes Fueling Interest in Piranha Spring Water
Bebida Beverage Company (Pink Sheets:BBDA) announced today that the Piranha Spring Water Take a Bite Out of Thirst Photo Sweepstakes has generated an increase in both consumer and distributor interest.
Since announcing the launch of the contest, the company and distribution affiliates have witnessed an increase in not only consumer requests for the product, but also in additional inquires from distributors and companies seeking co-packing opportunities. The company hopes to translate these inquiry requests into expanded distribution opportunities once most companies return back into full-swing work mode after the holidays.
Bebida is looking forward to the opportunities that are just around the corner in 2009. The company is anticipating a number of key opportunities and announcements to unfold throughout both January and February 2009. Additionally, the company anticipates much interest to be generated by an upcoming online video presentation that is being prepared by management for presentation at the beginning of the New Year. Bebida Beverage Company would like to wish everyone a safe and happy holiday season.
As a recap on the sweepstakes, cash and prizes totaling $5,000 will be awarded in the promotional giveaway. Individuals entering the contest are required to submit their entry along with a photo of entrant holding a bottle of Piranha Spring Water per the terms and conditions of the contest. No purchase is required. For a FREE 16.9 fl. oz. bottle of Piranha Spring Water, please visit contest website for official rules and details on getting your FREE bottle.
Thirsty? Go to your local grocery or convenience store and demand that they carry Piranha Spring Water so that you can Take a Bite Out of Thirst! Prizes include: $2,500 cash BMX Freestyle Bike UGP apparel Apple iPod portable media player Sweepstakes entries are being accepted on the Piranha Beverages website located at http://www.piranhabeverages.com subject to the official terms and conditions (see website for details).
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Piranha Spring Water Announces 'Take a Bite out of Thirst' Promotion with Cash & Prizes Totaling $5,000
LAS VEGAS, Dec 10, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets:BBDA) announced today that Piranha Spring Water has launched the company's 'Take a Bite Out of Thirst' promotional giveaway.
Cash and prizes totaling $5,000 will be awarded in the promotional giveaway. Individuals entering the contest are required to submit their entry along with a photo of entrant holding a bottle of Piranha Spring Water per the terms and conditions of the contest. No purchase is required.
For a FREE 16.9 fl. oz. bottle of Piranha Spring Water, please visit contest website for official rules and details on getting your FREE bottle.
Thirsty? Go to your local grocery or convenience store and demand that they carry Piranha Spring Water so that you can Take a Bite Out of Thirst!
Prizes include:
-- $2,500 cash
-- BMX Freestyle Bike
-- UGP apparel
-- Apple iPod portable media player
Sweepstakes entries are being accepted on the Piranha Beverages website located at http://www.piranhabeverages.com subject to the official terms and conditions (see website for details).
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Chad DeGroot & Mark Mulville Riding for Piranha Spring Water
LAS VEGAS, Dec 05, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets: BBDA) announced today that BMX Pro Riders Chad DeGroot and Mark Mulville are now riding for Piranha Spring Water.
As quoted from an online blog geared to BMX riders and enthusiasts, Chad DeGroot wrote, "Mark and me are riding for water now, WOW WATER, GO WATER GO. End result we all drink water, pretty necessary in humans. We have a pretty good deal, drink some water, ride, drink more water, repeat as necessary. It's pretty refreshing being a part of something as simple as a spring water. So take a bite out of thirst, we do!!!"
Rodrigo Makarios, President of Bebida Beverage Company, stated, "We are very enthusiastic to have both Chad DeGroot and Mark Mulville riding for Piranha Spring Water. The sponsorship within Professional BMX will provide exceptional marketing opportunities for increased brand awareness of Piranha Spring Water among our targeted consumer market."
Piranha is also helping out Mesh Skate Park for 2009, for more information on Mesh Skate Park. Please visit http://www.meshskatepark.com.
Piranha Spring Water is a product of Bebida Beverage Company.
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Bebida Beverage Announces Year-End Business Focus
LAS VEGAS, Nov 11, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets:BBDA) announced that the primary year-end focus of the company would be expanding Piranha Spring Water into additional retail locations.
The company's website located at http://www.bebidabeverages.com was recently upgraded with a fresh, new look. Also, the company's Piranha Beverages website is anticipated to be completed and online this week.
Piranha Spring Water, the company's flagship product that continues to attract the attention of the marketplace, will continue to be Bebida's primary focus for retail distribution expansion efforts through the remainder of the year. Bebida is organizing a national promotional campaign for Piranha Spring Water that will be launched prior to the upcoming Holiday Season and continue into the first quarter of 2009.
Additionally, the company recently unveiled a 'sneak-peak' of Koma Energy drink, which will be the company's initial entry into the energy drink market. Koma Energy will be marketed as a premium branded energy drink offered at a reasonable, economical retail price point. Bebida is coordinating the launch of Koma Energy for early in the first quarter of 2009.
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Bebida Beverage Company Outstanding Share Count Update
LAS VEGAS, Nov 04, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets:BBDA) announced today that the updated common stock outstanding for the company is 1,069,087,549 shares. In comparison to the preceding month of October, the number of common shares outstanding has decreased by 50,000,000 shares.
The company continues to work on expanding distribution of the company's flagship product Piranha Spring Water. The company is presently in development of a creative and unique marketing opportunity that is anticipated to spur increased consumer demand for the product. The desire is to further entice consumers to seek out Piranha Spring Water and request the product by name at their favorite retail stores.
The number of shares of common stock authorized by the company is 1.4 billion shares. The company desires to administratively review and pursue corporate actions, which can provide positive yields for increased shareholder value.
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Bebida Beverage Company Institutes New Policy
LAS VEGAS, Oct 30, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets:BBDA) released today that the company has become aware of individuals claiming to be shareholders of the company that have created disturbances and disruptions in the business operations of Bebida Beverage clientele and affiliates.
While outside the control of Bebida Beverage Company, it is with sincere apology to those clients and affiliates that have had their daily business operations disrupted. Individuals that disrupt business practices based upon their own self-centered interests apparently are unaware, or uncaring, of the damage that they can inflect on business relationships that are in the early stages of development.
Because of the interferences and as a show of good faith toward all present and future business partners and affiliates, Bebida Beverage Company has been forced into the position of instituting a new corporate policy regarding this matter.
New Policy: Bebida Beverage Company will NOT disclose the name of any new distribution partner or affiliate in any future press releases.
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Piranha Spring Water to Take a Bite out of Competition
LAS VEGAS, Oct 29, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets: BBDA) released today that the first shipment of Piranha Spring Water to The H.T. Hackney Company is on schedule for delivery to H.T. Hackney this week.
Bebida Beverage Company is very enthusiastic about the opportunity to begin having Piranha Spring Water available to a significantly increased number of consumers as this shipment of Piranha Spring Water hits retail shelves. As one of the largest wholesale distributors in the United States, Hackney services over 20,000 retail customers and stocks over 25,000 products. With strategically located distribution centers, Hackney provides a distribution network easily covering 21 states.
Piranha Spring Water is marketed toward youthful and active consumers with the motto 'Take A Bite Out Of Thirst'. The focus of Bebida Beverage Company is to develop beverage products that consumers desire, seek out by name and can identify as being unique in the marketplace.
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Bebida Beverage Announces Corporate Actions
LAS VEGAS, Oct 28, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets: BBDA) announced today that the articles of incorporation for the company have been amended to reduce the common stock authorized to 1.4 billion shares. The amendment is on file and viewable online at the Nevada Secretary of State's website.
Additionally, the company has initiated an internal review process in order to organize and formalize the documents and procedural controls required to pursue an up-listing as a fully-reporting company on the Over-The-Counter Bulletin Boards. As part of the overall process, an independent certified public accountant will be required to independently review and audit company financials and internal control policies and procedures.
The successful launch and overall growth of the company's beverage business has and will continue to be the primary focus for operational management of Bebida Beverage Company. In addition to operational goals, the company desires to administratively review and pursue corporate actions which can provide positive yields for increased shareholder value.
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Bebida Beverage Phase One Testing Complete on Brazilian Water Source
LAS VEGAS, Oct 23, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets: BBDA) announced today that Phase One testing has been completed on a water supply source located in Parana, Brazil.
The company has been discretely performing due diligence with an affiliate in Brazil on a water supply source which possesses the current capacity to provide over 300,000 liters of source water per hour. Preliminary review of the Phase One test results on the source water was very positive and the company is very confident regarding final analysis of the Phase One testing.
The development of a water source in Brazil will be utilized by Bebida Beverage to create new brands that will possess unique marketing opportunities in the United States featuring a water source from Brazil. Additionally, the water supply can simultaneously be developed to provide the needed capacity for products to be launched within Latin America. The company intends to capitalize upon consumers continued thirst for quality bottled water products that originate from unique sources coupled with fresh and original marketing concepts.
Company updates that are pending and soon to be completed: 1) Launch of energy drink; 2) Piranha Beverage website completion; 3) Retirement of common stock block; 4) Reduction in authorized shares.
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Bebida Beverage Company to Further Reduce Shares Authorized
LAS VEGAS, Oct 21, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets:BBDA) announced today that the company will reduce the common stock authorized to 1.4 billion shares.
The company is preparing the necessary paperwork to reduce the common stock authorized from 2 billion shares down to 1.4 billion shares. The paperwork is being processed for submission and filing to the state's offices.
The company anticipates that shareholders will appreciate today's announcement to further reduce the number of shares authorized. Management intends to on a go-forward basis continue to monitor and evaluate the perceived market value of the company's shares in order to formulate any additional corporate policies related to future share structure reductions and/or stock buy-back programs.
As of October 21, 2008, the common stock outstanding for the company is 1,119,087,549 shares. As recently announced, the company is in the process of retiring a block of common stock, which will reduce the number of shares outstanding in an effort to increase shareholder value.
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Bebida Beverage & Piranha Spring Water Congratulate Dan 'The Outlaw' Hardy on His Victory at UFC 89
LAS VEGAS, Oct 20, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (PINK SHEETS: BBDA) on behalf of the company and its shareholders would like to extend an enthusiastic congratulations to Dan "The Outlaw" Hardy on his victory at UFC 89 this past Saturday night at the National Indoor Arena in Birmingham, England.
Piranha Spring Water, a product of Bebida Beverage, is a proud sponsor of professional athlete and MMA fighter Dan 'The Outlaw' Hardy.
For more information on Dan 'The Outlaw' Hardy, please visit:
http://danhardymma.com
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Bebida Beverage Company Discloses Spring Water Capacity and Bottling Discussions
LAS VEGAS, Oct 15, 2008 (BUSINESS WIRE) --
Bebida Beverage Company (Pink Sheets: BBDA) announced today that the company has entered into discussions regarding a potential partnership affiliation for increased spring water source and bottling capacity.
Additionally, the company would like to take the opportunity to formally announce that the company is now listed under the new trading symbol BBDA.
Piranha Spring Water is being marketed by Bebida Beverage Company toward youthful and active consumers with the motto "Take A Bite Out Of Thirst". Bebida recently announced a new distribution channel for Piranha Spring Water which will significantly assist Bebida to achieve expedited growth of product availability in the marketplace.
Bebida would like to disclose that the company has opened discussions which would provide for increased spring water source and bottling capacity. The marketing campaign for Piranha Spring Water is focused on increasing brand awareness in addition to driving consumer demand as Piranha Spring Water begins to enter retail distribution channels. Discussions of a potential partnership affiliation for source and bottling capacity are under review.
The company appreciates the support that many investors have exhibited toward the company during the early growth stages of Bebida's business operations. As of October 15, 2008, the common stock outstanding for the company is 1,119,087,549 shares. The company is in the process of retiring a block of common stock which will reduce the number of shares outstanding in an effort to increase shareholder value.
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Bebida Beverage Adds Major Distribution Channel for Piranha Spring Water
LAS VEGAS, Oct 13, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets: RNVO), announced today that the company has added a major new distribution channel for Piranha Spring Water.
Bebida Beverage has received an order for the immediate shipment of Piranha Spring Water to The H.T. Hackney Co. Many consumers may be unfamiliar with the name H.T. Hackney; however H.T. Hackney distributes products that are purchased by thousands of consumers each day. As one of the largest wholesale distributors in the United States, Hackney services over 20,000 retail customers and stocks over 25,000 products. With strategically located distribution centers, Hackney provides a distribution network easily covering 21 states.
Adding H.T. Hackney as a new distribution channel for Piranha Spring Water will significantly assist Bebida to achieve expedited growth of product availability in the marketplace. Bebida recently announced that the company was gearing up to launch a marketing campaign aimed at creating brand awareness and driving consumer demand for Piranha Spring Water. Bebida is very pleased by the addition of such a significant new distribution channel as the company continues to expand marketing efforts for Piranha Spring Water.
Piranha Spring Water is marketed toward youthful and active consumers with the motto "Take A Bite Out Of Thirst." The focus of Bebida Beverage Company is to develop beverage products that consumers desire, seek out by name and can identify as being unique in the marketplace.
For more information about The H.T. Hackney Co., please visit: http://www.hthackney.com.
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Bebida Beverage Signs Sponsorship Agreement with MMA Fighter Dan 'The Outlaw' Hardy
LAS VEGAS, Oct 02, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), announced today that the company has signed a sponsorship agreement with professional athlete and MMA fighter Dan 'The Outlaw' Hardy for the company's new product Piranha Spring Water.
Rodrigo Makarios, President of Bebida Beverage Company, stated, "We are very enthusiastic about the sponsorship opportunity with Dan 'The Outlaw' Hardy. Mr. Hardy is an exceptional athlete in a very exciting sport. The sponsorship will provide exceptional marketing opportunities for increased brand awareness of Piranha Spring Water among our targeted consumer market."
Dan Hardy stated, "I am very excited to have Bebida Beverage onboard as a new sponsor and I am equally enthusiastic about the company's new product Piranha Spring Water."
Mr. Makarios further stated, "MMA is a huge sport with an extremely loyal and enthusiastic base of fans. The sponsorship of Dan Hardy will assist the company to increase product awareness of Piranha Spring Water as well as to develop additional brand recognition opportunities. We look forward to the opportunities this sponsorship presents to our company and Piranha Spring Water."
For more information on Dan 'The Outlaw' Hardy, please visit: http://danhardymma.com
For more information on Bebida Beverage Company, please visit: http://www.bebidabeverages.com and http://www.piranhabeverages.com
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Bebida Beverage: First Shipment of Piranha Spring Water Delivered to Distributor
LAS VEGAS, Sep 30, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), announced that the first shipment of Piranha Spring Water was delivered to the company's distribution affiliate just before Noon today.
The company is pleased to announce that the first shipment of Piranha Spring Water has been delivered to the distributor. Delivery of this first shipment will now allow the distributor to begin working the product into retail locations.
Bebida is working to secure new orders with additional distributors in addition to direct negotiations with several major retail chains. With the first production run now produced, shipped and delivered, the company is working diligently to create rapid expansion of the products overall availability within retail distribution channels.
Additionally, the company is gearing up to launch a marketing campaign aimed at creating brand awareness and driving consumer demand for Piranha Spring Water.
Rodrigo Makarios, President of Bebida Beverage Company, stated, "Growth in sales will be driven not by orders from retailers and distributors, but rather from consumer demand for our products. Getting our products placed into the retail marketplace is wonderful, however, long lasting success of our products will be driven by consumer demand."
"The next step toward success will be to create strong brand awareness so that consumers meet us half way by actually looking for our products on retail shelves. The company will soon announce the first of several marketing efforts aimed at creating strong brand awareness within the targeted consumer market for Piranha Spring Water."
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Bebida Beverage: Guppy Water Receives Valued Reception
LAS VEGAS, Sep 25, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), announced today that the company's newly announced Guppy Water bottled spring water has received a valued reception during presentations and discussions with distribution affiliates.
The company recently unveiled Guppy Water which will be offered in a youth friendly serving size of 8 fl oz. The bottle features an appealing logo design that includes an enticing, friendly cartoon character fish.
Distributors that were provided the invitation and opportunity to preview Guppy Water's logo and artwork design have embraced the product's marketplace appeal. Guppy Water's genuinely fun and youth oriented appeal has been very well received by distribution affiliates.
The company is working with distribution affiliates to coordinate initial production and distribution arrangements for Guppy Water. While during the preliminary ramp-up stage of product distribution, the timing is premature to be able to provide accurately detailed revenue projections for Guppy Water, however the company will strive with confidence to reach revenue and distribution goals on par with that of Piranha Spring Water.
Additionally, Bebida Beverage would like to confirm that the company is in the early stages of new product development for the company's upcoming entry into the energy drink marketplace. Additional information and updates will be forthcoming.
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8 oz 'Guppy Water' to Be Released by Bebida Beverage
LAS VEGAS, Sep 22, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), announced today that the company is launching a new bottled water under the name Guppy Water.
Guppy Water will be offered in a youth friendly serving size of 8 fl oz. The bottle will feature an appealing logo design that includes an enticing, friendly cartoon character fish. The logo design will be unveiled at http://www.piranhabeverages.com.
Guppy Water will feature the fresh, crisp taste of all natural spring water. Bebida Beverage anticipates that the product and logo design will appeal to young consumers, while adults will embrace the all-natural spring water as a beverage selection.
In addition to appealing to a youth oriented consumer market, the petite, economical serving size is anticipated to appeal to individuals that prefer a smaller serving size. Bebida Beverage anticipates additional market growth for Guppy Water as a 'companion beverage' product.
The company believes that Guppy Water will achieve additional growth as a 'companion beverage' for consumers that choose coffee or another beverage as a primary drink selection, yet desire a moderate size serving of crisp, clean spring water to accompany their primary beverage choice. Guppy Water, while targeted primarily to the youth consumer market, will provide retailers and adult consumers with an economical alternative to the standard 16.9 and 20 fl oz bottled water selections.
Sneak Peek -- Upcoming Press Release Topic: Energy Drinks
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Bebida Beverage Discusses Shareholder Value
LAS VEGAS, Sep 18, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), announced today that the company is not seeking any funding sources at this time.
Bebida Beverage has received numerous inquires from firms that specialize in equity funding. While the company appreciates the interest that has been generated, the company has categorically rejected all inquires received.
As of September 18, 2008, the common stock outstanding for the company is 1,119,087,549 shares.
In addition to building a successful beverage company, it is a goal of Bebida Beverage Company to build shareholder value. During the early growth stages of any business it would be more beneficial to shareholders to reduce the number of shares of common stock outstanding as opposed to creating unnecessary dilution.
The company appreciates the support that many investors have exhibited toward the company during the early growth stages of Bebida Beverage's business operations.
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Bebida Beverage New Product Development
LAS VEGAS, Sep 17, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets: RNVO), announced today that the company is in development of an additional new product offering that will be announced to the public in the near term.
Bebida Beverage recently announced that Piranha Beverages had been formed as an operating division within the company. The new upcoming product announcement will be in addition to the division's recent unveiling of Piranha Spring Water as the division's first entry into the lucrative bottled water market.
As previously announced, the company will be attending a high profile beverage convention in late October in Las Vegas, NV. The company is working diligently to complete development of additional product offerings in advance of the upcoming convention.
The company is presently working on and anticipating a number of near term developments including: the pending ticker change, start-up production and shipment of Piranha Spring Water, further website development and implementations, as well as additional updates and information which will be forthcoming.
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Bebida Beverage Company Secures New Executive Office Location in Las Vegas
LAS VEGAS, Sep 11, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (PINK SHEETS: RNVO), has secured a commercial lease agreement for an executive office in Las Vegas, NV.
The newly leased executive office is located at 1081 S Cimarron, #B5, Las Vegas, NV 89145. Management had previously announced that the company would be locating the base of the company's North American presence in Las Vegas, NV, and today's announcement is an update for shareholders regarding the path of progress the company continues to enjoy.
Management believes that Las Vegas is a prime location from which to headquarter North American operations. Additionally, the new executive office location will provide the company with a base from which to operate when conducting business in Las Vegas. There are many advantages to locating in Las Vegas because the city is host to a number of highly attended conventions that are significant to the beverage industry. The company plans to attend the InterBev 2008 convention, October 20-23, 2008, at the Sands Expo Center in Las Vegas. For more information about InterBev 2008, visit http://www.interbev.com.
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Bebida Beverage Company Launches Piranha Spring Water
LAS VEGAS, Sep 10, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), has unveiled Piranha Spring Water as the first product to be launched by the company within the United States.
Piranha Beverages has been formed as an operating division within Bebida Beverage Company. Piranha Beverages is launching Piranha Spring Water as the division's first entry into the lucrative bottled water market. Piranha's new website, which is presently under construction, is located at http://www.piranhabeverages.com.
Piranha Spring Water is being marketed with the motto "Take A Bite Out Of Thirst" and the beverage will be geared towards a youth oriented consumer group.
During the pre-launch introduction to a select group of distribution affiliates, Piranha Spring Water received a strong reception to both the product and marketing theme. The company accepted an initial pre-launch order from a distributor for shipment to the eastern United States and the company anticipates start-up production to begin order fulfillment before the end of September.
The company is projecting sales for Piranha Spring Water to be estimated at $14 million for the first year within the retail distribution network. The company acknowledges this estimate may be conservative and reserves the option to adjust projections in the future.
Piranha Spring Water is the first product being introduced by Piranha Beverages. In addition to spring water, Piranha Beverages is in the development stage of creating additional beverage offerings to be introduced into the marketplace. Piranha Beverages will focus on a line of products geared toward the lucrative group of consumers age 35 and under, with an emphasized product offering and marketing effort geared toward consumers 21 and under.
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Bebida Beverage Announces Date of Product Launch
LAS VEGAS, Sep 09, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), announced today that the first product to be launched within the United States marketplace would be unveiled by the company on Wednesday, September 10, 2008.
"One of the main focal points of Bebida Beverage Company is to develop beverages that consumers desire, seek out by name and can identify as being unique in a marketplace overrun with 'me-too' products. The first product that the company will launch is targeted at a demographic of consumers whom are highly coveted by retail stores, advertisers and other manufacturing producers. Bebida will take a very unique and novel approach to developing consumer brand awareness and product loyalty. We look forward to the unveiling of Bebida Beverage's first new product," stated Mr. Makarios, President of Bebida Beverages.
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Bebida Beverages Launches New Website
LAS VEGAS, Sep 08, 2008 (BUSINESS WIRE) --
Bebida Beverage Company, currently operating as Renovo Holdings (Pink Sheets:RNVO), announced today that the company has launched a new corporate website.
The new website is located at: http://www.bebidabeverages.com
"The new website is a means in which Bebida Beverages can begin to develop and communicate the company's progressive attitudes and styles. The website will continue to evolve along with the company and this is an important first step in that overall developmental growth. The focus of Bebida Beverages is to develop beverages that consumers desire, seek out by name and can identify as being unique in a marketplace overrun with 'me-too' products," stated Mr. Makarios, President of Bebida Beverages.
Bebida Beverage Company is scheduled this week to unveil the company's first product to be launched within the United States marketplace.
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Renovo Holdings Changes Name to Bebida Beverage Company
LAS VEGAS, Sep 04, 2008 (BUSINESS WIRE) --
Renovo Holdings (Pink Sheets: RNVO) announced today that the company has changed names to Bebida Beverage Company.
An amendment to the company's articles of incorporation has been filed with the State of Nevada to change the name of the company to Bebida Beverage Company. The company will now prepare and submit paperwork to request a change in the company's listed trading symbol. The company anticipates the name and symbol change on exchange listings and quotation services to occur by the middle to later part of September.
Additionally, the amendment to the company's articles changed the common stock authorized from 4.9 billion shares down to 2 billion shares. The number of shares of common stock authorized by the company is now 2 billion shares.
Company management has worked to reorganize and restructure the company in a timely and efficient manner. The mechanics of the reorganization and restructuring required that an additional filing be processed to reflect the recent change in the company's management and directors. The company anticipates the change in management and directors to be reflected in filings with the State by as early as the end of this week. The company would like to extend a note of gratitude for the patience shareholders have exhibited during this reorganization.
With an eye focused on the horizon, the company is pleased to announce that it has entered into negotiations with a number of distributors for pre-orders of the company's 'soon to be announced' beverage prior to the upcoming product launch. Shareholders and other interested parties are encouraged to 'stay tuned' for pending updates.
