VIPM - Pure Energy International, LTD Increases Sales on Pending Acquisition by VIP* Comlink Jun 22, 2007 3:06:00 PM AGOURA HILLS, CA -- (MARKETWIRE) -- 06/22/07 -- Pure Energy International, LTD today announced that sales of Beyond Juice stores have increased since the announcement of the pending Beyond Juice asset acquisition by VIP* Comlink, Inc. (PINKSHEETS: VIPM)
Since the acquisition announcement in May, management of Pure Energy has seen the level of activity increase for new Beyond Juice stores, bringing the total of stores in the development phase to 57, representing approximately sixteen million dollars in deferred revenue. Licenses to operate Beyond Juice stores are currently sold at an average price of $285,000.
Management of Pure Energy & VIP anticipate receiving a positive response from VIP shareholders on a proposed stock split intended to create available resources for VIP to complete deals like this. A special meeting of VIP shareholders has been planned for July 11, 2007 to count the shareholder votes. VIP shareholders have been receiving proxy information since early June on the proposed stock split.
Commenting on the current activities of VIP, Chairman of the board and President Mark Helms said, "Not everyone understands what we are trying to do with VIP and Pure Energy. There has been so much hype in past years about how management was going to hit the jackpot on that next great idea. That is not what we are about. We are a conservative bunch willing to take calculated risks and reverse stock splits can have a negative feeling these days. Experience tells us that they are not always a successful way for investors to increase earnings. But given our unique situation, of having no cash and no stock, we had to present the shareholders with something pretty radical and ask them to trust us to do the right thing. We believe that the right thing is to acquire business assets that ultimately provide an ongoing profitable operation in a great industry. We started this venture as shareholders of VIP and have every shareholder in the forefront of our minds. This is why we are moving so slow. We are doing things in a very unconventional way and have been most fortunate to have discovered a creative way to accomplish this most difficult task of resurrecting this twenty-three year old company and bringing all of the shareholders along for the ride."
Management of both Pure Energy and VIP has received a positive response from industry leaders on their approach to establishing this unity between the companies. VIP Shareholders and potential investors are beginning to understand the value that is possible by combining assets of Beyond Juice with the public entity of VIP* Comlink.
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: Pure Energy International, LTD. Alan Powers CFO alan@purenrgintl.com Beyond Juice, Inc. http://www.beyondjuice.com
VIP* Comlink, Inc. Mark Helms Chairman & CEO (801) 305-4153 mark.helms@vipcomlink.com http://www.vipcomlink.com
Market News First Angela Junell 214-461-3411 ajunell@MN1.com
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