Looks like an "asset move" from one ticker to another to me:
March 28, 2008
HENDERSON, Nev.--(BUSINESS WIRE)--
Sipp Industries, Inc. (Pink Sheets: SIPC) announced today it has signed a letter of intent to purchase a small rectifier, QS, Inc. (DBA as Santa Fe Springs) in Albuquerque, New Mexico. This acquisition provides SIPP with an experienced production management team, the National U.S. Government approved license to manufacture and distill alcohol, a certified bonded warehouse and approximately $1 million in trailing revenue. The management of SIPP believes the bottling of its ultra premium Private Reserve will dramatically improve the Company's operating margins.
"This plant is the perfect size to handle the production of our Private Reserve for Private Label spirits," said Lee J. Danna, President and CEO of SIPP Industries, Inc. "It also provides us with the U.S. government licenses which allows us to expand and establish alcohol manufacturing facilities in other locations."
"SIPP provides us with distribution, a marketing team, and unique products as an opportunity to participate as shareholders in the growth of the Company's niche in the $38 billion adult beverage market place. We feel this is very exciting," said Mike Carver, President of Santa Fe Springs. "My partner, Bill Schreiber, and I each have over 30 years experience in the bottling and manufacturing business and we want to use every ounce of our experience to help SIPP realize its potential."
The agreement is a tax-free exchange with 100% in common stock and assumption of debt.
About QS, Inc. (DBA Santa Fe Springs), QS, Inc. has been in the bottling business since 1996. Their main brand, Santa Fe Springs, has been on the market since 1985. The main thrust of the business has been bottled water, flavored carbonated water, and alcohol co-packing.
About SIPP Industries, Inc.
SIPP is a wholesale marketing company in the alcohol beverage industry. SIPP markets specialty niche alcohol beverages. In addition, SIPP is also targeting acquisitions in this industry. Headquartered in Henderson, Nevada, SIPP became public on August 31, 2007 when it merged with a public shell which was renamed SIPP Industries, Inc. and is a listed company, SIPC.PK...............Source: SIPP Industries, Inc.
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Posted by: cintrix
Date: Monday, November 24, 2008 4:15:30 PM
In reply to: cintrix who wrote msg# 4373 Post # of 4805
11/25/2008 GCNL to OCBG
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O.C. Beverages, Inc. (OCBG.PK) Files Its Initial Disclosure Statements
O.C. BEVERAGES, INC. announced today that it has filed its initial disclosure documents to comply with Pink Sheet’s guidelines for providing adequate current information. According to the press release, a copy of the company’s disclosure documentation can be viewed at www.pinksheets.com. To view the documentation, search for the company’s trading symbol and select the “Filings” tab.
O.C. Beverages has positioned itself as “America’s Premium Private Label Company” for both Non-Alcoholic and Alcoholic Beverages. The Private Label Beverage Market has grown dramatically in the U.S. where it now exceeds more than 25% of total sales. The growth has also reached into Europe where the private label beverage market accounts for more than 45% of total sales. The company is focused on developing proprietary premium private label bottled water and tea’s designed to appeal to each consumer’s taste and style with a unique and innovative product mix. To achieve this, the company executed two acquisitions and entered into several agreements that enhance the company’s distribution and bottling efforts, as well as sales and product development opportunities.
“These acquisitions are key to the future growth of not only our private labeled product mix, but to new product introduction, in terms of securing capacity and access to retailers,” stated Mr. Lee J. Danna, President and CEO of O.C. Beverages. “As excited as I am of our efforts to enhance our private label operations, I am equally excited at the numerous relationships the Company has secured which provide exclusive and strategic options to develop innovative products, that traditionally were unable to capture consumer’s interest because of either limited shelf life, or inability to effectively enhance the flavor or health benefits without utilizing certain key patented processes, such as our new high-end structured water.”
The company also signed several strategic alliance agreements to secure innovative beverage products and packaging. One of the agreements is a strategic agreement with Healthy Waters Brands Plus, Inc. and its CEO Dr. Julia Hunter, a health advocate spokesperson who is a recognized supporter of the O.C. Beverages’ product. The second agreement was signed with Dr. Theodore Hersh, who owns 18 patents in the health industry which are key to the company’s efforts to introduce product design as well as unique enhanced water, flavored water, teas and alcohol beverage products that may provide health oriented benefits................
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