NAPERVILLE, Ill.--(BUSINESS WIRE)--HTBI--
Alliance Holdings, Inc. a subsidiary of Hot Brands, Inc.
(Pink Sheets:HTBI) announced today that its construction division,
AllianceGC, LLC, has entered into a contract with ProFood & Beverage
Company, to design, build and construct ProFood's new beverage
facility. AllianceGC has spent several months evaluating the needs of
ProFood & Beverage and identifying potential sites for the facility in
the South Eastern states. Alliance Holdings preliminary construction
budget for the state-of-the-art facility and equipment will approach
$8.6 million.
Representatives of ProFood & Beverage have stated that AllianceGC
was selected for this project due to the extensive experience
Alliance Holdings and AllianceGC have in food processing and
packaging systems. This experience includes planning, design, and
construction of food processing and packaging facilities, on an
international level. ProFood representatives went on to state that
they have asked Alliance staff to identify additional geographic
locations for additional production facilities.
Alliance Holdings executives state that this relationship with
ProFood & Beverage Company fits well into their plan to develop
national associations with growing companies. The long-term
relationship with ProFood & Beverage Company, coupled with several
other exclusive associations presently being developed by Alliance
Holdings, the company will experience revenues at multiples above
historic performance. Which this contract represents 175% of last
years sales for Alliance Holdings which is well ahead of original
forecast for Alliance.
Alliance Holdings had revenues of $4.9 million in 2003 and states
that its present revenue available under contract exceeds $10 million.
Alliance Holdings is a builder, developer, design and consulting
company to the hospitality, restaurant industries and liquid food &
other food processing. Alliance Holdings is also experienced with
turnaround projects specializing in the food and hospitality
industries.
Except for the historical information presented, the above
statements are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 or regulations there
under. These forward-looking statements are subject to risks and
uncertainties, and actual results may differ materially. These risks
include the economic health of the restaurant and fast-food
industries, competitive pricing pressures, completion of planned
acquisitions and success at integrating and operating the acquired
operations and the availability of necessary financing. These
statements speak only as of above date, and Hot Brands, Inc.
disclaims any intent or obligation to update them.
KEYWORD: ILLINOIS CALIFORNIA
INDUSTRY KEYWORD: RETAIL FOODS/BEVERAGES MARKETING AGREEMENTS
SOURCE: Hot Brands Inc.
CONTACT INFORMATION:
Hot Brands Inc.
Clayton Smith
(971) 506-9156
quote:
Originally posted by keithsan:
Business EditorsNAPERVILLE, Ill.--(BUSINESS WIRE)--HTBI--
Alliance Holdings, Inc. a subsidiary of Hot Brands, Inc.
(Pink Sheets:HTBI) announced today that its construction division,
AllianceGC, LLC, has entered into a contract with ProFood & Beverage
Company, to design, build and construct ProFood's new beverage
facility. AllianceGC has spent several months evaluating the needs of
ProFood & Beverage and identifying potential sites for the facility in
the South Eastern states. Alliance Holdings preliminary construction
budget for the state-of-the-art facility and equipment will approach
$8.6 million.Representatives of ProFood & Beverage have stated that AllianceGC
was selected for this project due to the extensive experience
Alliance Holdings and AllianceGC have in food processing and
packaging systems. This experience includes planning, design, and
construction of food processing and packaging facilities, on an
international level. ProFood representatives went on to state that
they have asked Alliance staff to identify additional geographic
locations for additional production facilities.Alliance Holdings executives state that this relationship with
ProFood & Beverage Company fits well into their plan to develop
national associations with growing companies. The long-term
relationship with ProFood & Beverage Company, coupled with several
other exclusive associations presently being developed by Alliance
Holdings, the company will experience revenues at multiples above
historic performance. Which this contract represents 175% of last
years sales for Alliance Holdings which is well ahead of original
forecast for Alliance.Alliance Holdings had revenues of $4.9 million in 2003 and states
that its present revenue available under contract exceeds $10 million.Alliance Holdings is a builder, developer, design and consulting
company to the hospitality, restaurant industries and liquid food &
other food processing. Alliance Holdings is also experienced with
turnaround projects specializing in the food and hospitality
industries.Except for the historical information presented, the above
statements are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 or regulations there
under. These forward-looking statements are subject to risks and
uncertainties, and actual results may differ materially. These risks
include the economic health of the restaurant and fast-food
industries, competitive pricing pressures, completion of planned
acquisitions and success at integrating and operating the acquired
operations and the availability of necessary financing. These
statements speak only as of above date, and Hot Brands, Inc.
disclaims any intent or obligation to update them.KEYWORD: ILLINOIS CALIFORNIA
INDUSTRY KEYWORD: RETAIL FOODS/BEVERAGES MARKETING AGREEMENTS
SOURCE: Hot Brands Inc.
CONTACT INFORMATION:
Hot Brands Inc.
Clayton Smith
(971) 506-9156
quote:
Originally posted by CuriousBull:
Thanks for the heads up but the volume is historicaly weak.
True but already up 35%
good luck
http://quotes.barchart.com/texpert.asp?sym=htbi
http://quotes.barchart.com/texsnap.asp?sym=HTBI
I can't get a chart for it on StockCharts.
quote:
Originally posted by richfrompennies:
I'm getting in, was 0.80 this year
Yup
I'me got my finger on the trigger to buy in again at .08 if volume starts picking up...
Does that mean their COST will approach $8.6 million (construction budget)? How can we tell what they'll charge, i.e. what their PROFIT will be?
"its present revenue available under contract exceeds $10 million"
And does this mean "accounts receivable"?
Sorry if these are dumb questions.
quote:
Originally posted by keithsan:
shoe, took progits at .08 when it started backpeddling, wasn't even watching thought it would move more and quicker!I'me got my finger on the trigger to buy in again at .08 if volume starts picking up...
How many shares did you sell? I probably am holding yours now cuz I bought at .08
quote:
Originally posted by richfrompennies:
yes, as far as I understand, this board is amongst the first to have discovered it, I don't see to many people talking orknowing about this
chances of a major run are high, IMO
If not tommarrow probably, there is no reason... not to have a run IMHO, its great news, its just obviously not popular yet. I think it will get out tonight with the news and have a gapper in the AM if it does nothing today.
this is still on my watch, thought it would run more maybe it still will. I've been burned on news lately so a little more cautious than usuall
quote:
Originally posted by keithsan:
nope, the price was moving and not volume didn't want to get caught, bought atng at end of day, should run in the mornning. probably a good buy then, may gap way up... we'll have to wait and see...this is still on my watch, thought it would run more maybe it still will. I've been burned on news lately so a little more cautious than usuall
Keith I got in at .08 and left it, it hit .09 and it looked nice, I went with 10k shares. I left it overnight as I have a strong feeling it will gap tommarrow. If not o well, but I don't see any reason why it should tank at all. Good good news.
Hot Brands, Inc. (Pink Sheets: HTBI)
4205 Charlar Dr., Ste. 3
Holt, MI 48842 (Map)
Phone: 971-506-9156
Fax: 503-665-5092
hotbrands.biz
Hot Brands (formerly Proquest Capital) owns and operates more than 40 Hot 'n Now Burgers, a chain of drive-thru fast-food restaurants located primarily in Indiana, Michigan, and Wisconsin. Founded in 1983, the chain was owned by PepsiCo until 1997. Investors led by financier William Curtis acquired the Hot 'n Now chain in 2003.
--source hoovers.com
------------------
--Sweets!
quote:
Originally posted by Meshoe45:
Keith I got in at .08 and left it, it hit .09 and it looked nice, I went with 10k shares. I left it overnight as I have a strong feeling it will gap tommarrow. If not o well, but I don't see any reason why it should tank at all. Good good news.
won't tank on you, IMO should run I thought it would fly today.....
when volume dried up earlier I sold, volume picked up some and pps also later....
trying to play cautious this week, first red week in a while last week. nothing seemed to play the way I thought....
quote:
Originally posted by WinsumLosesum:
"Alliance Holdings preliminary construction budget for the state-of-the-art facility and equipment will approach $8.6 million"Does that mean their COST will approach $8.6 million (construction budget)? How can we tell what they'll charge, i.e. what their PROFIT will be?
"its present revenue available under contract exceeds $10 million"
And does this mean "accounts receivable"?
Sorry if these are dumb questions.
your looking at the wrong spot.... see revenues from last year, this contract represents almost double the contracts from last year.....
do the math...
"Holdings, the company will experience revenues at multiples above
historic performance. Which this contract represents 175% of last
years sales for Alliance Holdings which is well ahead of original
forecast for Alliance.
Alliance Holdings had revenues of $4.9 million in 2003 and states
that its present revenue available under contract exceeds $10 million"
quote:
Originally posted by Meshoe45:
Keith is this showing in your streamer?
It's not on my Ameritrade Streamer yet. I think it will pop on when it has its first trade. I've seen it happen before with other pinks.
quote:
Originally posted by Meshoe45:
Alright sounds good!
9:45:02... and there ya go...
[This message has been edited by WinsumLosesum (edited June 23, 2004).]
Not as much volume(none) as I thought tho, what do you think?
quote:
Originally posted by Meshoe45:
Yup, saw that.Not as much volume(none) as I thought tho, what do you think?
I still don't understand. (Thanks, Keith, anyway) "Revenue" is money coming in, right? Then you subtract cost to calculate profit, right? So all we know is it will cost around 8.6M to build. Who's to say whether they can only charge 8.7M?
I'm a novice at when it comes to dissecting a business. 10k's and 8k's are a foreign language to me. But this PR only mentions revenue, not profit, so I'm suspicious if they did that for a reason.
But hey, what do I know?
We'll normally that is what they do do - many times they tell you revenues but don't mention anything about losses, liabilities etc.
quote:
Originally posted by Meshoe45:
LOLWe'll normally that is what they do do - many times they tell you revenues but don't mention anything about losses, liabilities etc.
Oh. Well, that verifies what I said about being a novice.
Thanks, Meshoe.
Volume is picking up again its at 1/5 what it ended at yesturday.
ASK
1@.098
2@.10
3@.12
2@.15
keep it up!
quote:
Originally posted by subpennygirl:
meshoe they locked ur other forum for HTBI L2, if you or someone could periodically post HTBI L2, that would be nice, thank u
I got them through that other post.
I dont have L2 Pinks, maybe someone will read this!
quote:
Originally posted by WinsumLosesum:
I still don't understand. (Thanks, Keith, anyway) "Revenue" is money coming in, right? Then you subtract cost to calculate profit, right? So all we know is it will cost around 8.6M to build. Who's to say whether they can only charge 8.7M?I'm a novice at when it comes to dissecting a business. 10k's and 8k's are a foreign language to me. But this PR only mentions revenue, not profit, so I'm suspicious if they did that for a reason.
But hey, what do I know?
sorry, no play today....
basically my drift is this last year they sold stuff and made 4.9 mill. this one contract is almost double all sales of last year........
sounds like a huge revenue increase now, don't know specifics...
Keith
Just some more info, thats all!
Good luck tommarrow.
Hot Brands, Inc. Subsidiary, Enhanced Beverage Company Signs Management Agreement
Thursday June 24, 10:14 am ET
NAPERVILLE, Ill.--(BUSINESS WIRE)--June 24, 2004--Hot Brands, Inc. a publicly traded company (Pink Sheets:HTBI - News) announces its subsidiary; Enhanced Beverage Company, Inc. has entered into a management agreement with Independent Water Group, LLC as of May 15th 2004.
The mission of Enhanced Beverage Company is to specialize in the management, acquisition, re-capitalization, and reorganization of distressed or inactive beverage production and bottling companies and other related food-processing companies. Several potential acquisitions have been identified and negotiations are progressing.
Where as Enhanced Beverage Company, Inc. intends to operate the Business of Independent Water Group, LLC for an interim period. During this management period, Enhanced Beverage Company will manage the day-to-day operations of the business and shall direct, conduct and supervise its operations and maintenance activities during the management period. As well as market and sell products to distributors, consumers, and retailers. Obtain and renew all permits and approvals required from any governmental authority or agency, comply with all other similar laws and regulations relating to business operations. During the management period Enhanced Beverage Company agrees to provide and expend funds as needed for operation expenses for the production, delivery and sale of product.
Revenues for Enhanced Beverage Company will come from contract packing service, contracts in place, distribution of acquired brands, plus sales from the development and marketing of new exotic branded products.
Hot Brands, Inc.'s, entry into the $7.7 billion beverage industry through its wholly owned subsidiary, Enhance Beverage Company is unique considering the cost/value and the immediate revenue from the demand for alternative beverage solutions in the market place today.
Hot Brands, Inc. has been in negotiations for several months with potential candidates for key management positions, mass-merchandisers, as well as product development specialists.
Marc Fry, President and COO of Enhanced Beverage Company stated, "Our due-diligence and industry expertise tells us that we are entering into this opportunity, within the noncarbonated beverage industry, at a point where growth is beginning to accelerate."
Except for the historical information presented, the above statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 or regulations hereunder. These forward-looking statements are subject to risks and uncertainties, and actual results may differ materially. These risks include the economic health of the restaurant and fast-food industries, competitive pricing pressures, completion of planned acquisitions and success at integrating and operating the acquired operations and the availability of necessary financing. These statements speak only as of above date, and Hot Brands, Inc. disclaims any intent or obligation to update them.
--------------------------------------------------------------------------------
Contact:
Hot Brands, Inc.
Clayton Smith
(971) 506-9156
What are they L2's on this?
Anyone?
can anyone tell me that this would only bounce that tiny bit on that news, insane.....
NAPERVILLE, Ill.--(BUSINESS WIRE)--June 29, 2004--Hot Brands, Inc., (PINK SHEETS:HTBI - News), and its wholly owned subsidiary, Enhanced Beverage Company, Inc., announce the welcome addition of Joseph C. Balistreri as Vice President of Advertising and Marketing for Hot Brands, Inc., ("HTBI").
Joseph C. Balistreri has been involved in advertising, marketing, and new product development for more than 26 years. He has been instrumental in developing cross-promotional and ad/marketing programs for national food accounts including: IGA, Shurfine, Federated Foods, Coca Cola (KO), Lever Brothers, Nabisco, Smuckers (SJM), Anheuser-Busch (BUD), Hershey (HSY), Purina, Welch's, Kellogg's (K), Tyson (TSN), Nestle, and General Mills (GIS) to name a few. His award winning experience with new product design, slogans, corporate images, logos, and promotional items is second to none.
Mr. Balistreri has made a name for himself as a developer of sales and marketing opportunities for new companies by designing product lines, test marketing, coordinating focus groups, and establishing markets for new branded products. He has been instrumental in developing the brands presently proposed for the expansion of the branded products for Hot Brands, ("HTBI") and its subsidiaries.
As Creative Director for IGA, Inc., Mr. Balistreri developed a unified corporate look, corporate slogan and advertising campaign for the corporation. He created advertising programs that tied-in with many of the major food corporation's through the country.
Prior to IGA Mr. Balistreri served as the president of IMPACT Marketing in Madison, Wisconsin. Presently Mr. Balistreri is operating a consulting group, JCB & Associates. His expertise is in the creation of sales and marketing opportunities for new companies by designing product lines and establishing markets to sell branded products in.
Mr. Balistreri stated; "I am honored to work with such an established group of professionals - each in their own respective fields. I am excited about the opportunity and look forward to working with a team that has the ability to create and maximize shareholder value."
William Curtis said today; "Mr. Balistreri brings a wealth of knowledge, expertise, and contacts to assist Hot Brands with its developed products, introducing them into the retail and consumer markets. We are excited to have Mr. Balistreri as part of our team."
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.
--------------------------------------------------------------------------------
Contact:
Hot Brands, Inc.
Clayton Smith
(971) 506-9156
Email: ir@novakcapital.com
Down again?
quote:
Originally posted by keithsan:
hey shoe
yes?
e-mail me
[This message has been edited by Meshoe45 (edited July 26, 2004).]
Up today